2018-09-21T14:15:04-05:00 2017-12-31 042571780 ALEXANDER ARONSON FINNING & CO 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2017-01-01 043172401 THE HOUSING PARTNERSHIP NETWORK INC HOUS 6177201999 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 THOMAS BLEDSOE PRESIDENT 6177201999 2018-09-17 1 THOMAS WASHBURN CPA P00537319 5083669100 2018-09-17 64.238.141.162 2018-09-17 18:00:40 ED P F4247996A0DFD92197EA51AEF4558D040C319DAA CB2B07AFD6767982BCB28B09646F6ACBACA35001 2017 2018-06-14 16:35:46Z THOMAS BLEDSOE 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 17130406 0 X HOUSINGPARTNERSHIP.NET X 1992 MA THE HOUSING PARTNERSHIP NETWORK, INC.'S (HPN) MISSION IS TO BUILD AFFORDABLE HOMES, BETTER FUTURES, AND VIBRANT COMMUNITIES FOR LOW AND MODERATE INCOME PEOPLE THROUGH PARTNERSHIPS WITH ITS MEMBER ORGANIZATIONS AND BUSINESSES, GOVERNMENT AND PHILANTHROPIC INSTITUTIONS. 20 19 72 20 0 0 5137586 6825749 4658889 10113769 9820 13272 2139206 177616 11945501 17130406 1611435 1310446 0 0 5995194 7111898 0 0 323246 3186319 3210405 10792948 11632749 1152553 5497657 17423882 23148761 8488125 8715347 8935757 14433414 TO BUILD AFFORDABLE HOMES, BETTER FUTURES AND VIBRANT COMMUNITIES FOR LOW AND MODERATE INCOME PEOPLE THROUGH PARTNERSHIPS WITH OUR MEMBER ORGANIZATIONS, THE BUSINESS SECTOR, GOVERNMENT, AND PHILANTHROPIC INSTITUTIONS. 0 0 8864319 1310446 10113769 TO SUPPORT AND ADVOCATE COMMUNITY BASED EFFORTS FOR THE EXPANSION OF AFFORDABLE HOUSING OPPORTUNITIES AND THE REVITALIZATION OF COMMUNITIES. 8864319 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 1 1 26 0 1 72 1 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MA MN DC NY X ERIC CHATMAN 6177201999 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 ALAN ARTHUR DIRECTOR 1.00 X 0 0 0 CHRIS PERSONS DIRECTOR 1.00 X 0 0 0 CYNTHIA A PARKER DIRECTOR 1.00 X 0 0 0 DAVID ADAME DIRECTOR 1.00 X 0 0 0 DEIRDRE SCHMIDT DIRECTOR 1.00 X 0 0 0 ELLIS CARR TREASURER 1.00 X X 0 0 0 GILBERT M PIETTE DIRECTOR 1.00 2.00 X 0 0 0 JANE GRAF DIRECTOR 1.00 2.00 X 0 0 0 JOAN CARTY DIRECTOR 1.00 X 0 0 0 JOHN O'CALLAGHAN DIRECTOR 1.00 X 0 0 0 KATE MONTER-DURBAN DIRECTOR 1.00 X 0 0 0 KATHY LABORDE DIRECTOR 1.00 2.00 X 0 0 0 KRISTIN FAUST DIRECTOR 1.00 X 0 0 0 LAWRENCE SWANSON DIRECTOR 1.00 X 0 0 0 MATT FRANKLIN VICE CHAIRMAN 1.00 2.00 X X 0 0 0 MICHAEL MULLIN DIRECTOR 1.00 2.00 X 0 0 0 MICHAEL PITCHFORD DIRECTOR 1.00 X 0 0 0 PATRICIA BELDEN DIRECTOR 1.00 X 0 0 0 ROBIN HUGHES CHAIRWOMAN 1.00 X X 0 0 0 THOMAS BLEDSOE PRESIDENT AND CEO 40.00 2.00 X X 434929 0 45386 REBECCA REGAN EVP, PRESIDENT OF CAPITAL MARKETS 40.00 X 288608 0 45386 ERIC CHATMAN CHIEF FINANCIAL OFFICER 40.00 X 111181 0 3692 CHARLES WEHRWEIN CLERK, CHIEF OPERATING OFFICER 40.00 X 253999 0 50126 DANIELLE SAMALIN VICE PRESIDENT, HOMEOWNERS 40.00 X 248902 0 19897 MARK LEDERHOS SVP BUSINESS DEV & EXECUTI 40.00 X 207424 0 24018 WILLIAM KELSEY SVP, PRESIDENT HPIEX 40.00 X 205851 0 40810 MARK VERNON PRESIDENT HPN SELECT 40.00 X 204274 0 32267 SHERREE CAPELLO VP OF FINANCE 40.00 X 190909 0 32704 KRISTIN SIGLIN SVP, POLICY 40.00 X 181609 0 38746 2327686 0 333032 24 0 1 0 TIDELINE ADVISORS LLC 915 BATTERY STREET SAN FRANCISCO CA 94111 CONSULTING 221667 KROKIDAS & BLUESTEIN LLP 600 ATLANTIC AVENUE BOSTON MA 02210 LEGAL 115928 2 795700 831988 5198061 6825749 MANAGEMENT FEES 531390 4523175 4523175 SHARE OF INCOME FROM A 531390 3484148 3484148 PROGRAM SERVICE FEES 531390 1260120 1260120 TERMINATION FEE 531390 600000 600000 INTEREST ON LOANS 531390 230326 230326 16000 16000 10113769 13272 13272 MISCELLANEOUS REVENUE 531390 177616 177616 177616 17130406 10113769 0 190888 1310446 1310446 1502106 914495 490870 96741 4472140 3539010 820331 112799 379030 294817 73463 10750 383731 293215 80043 10473 374891 280588 81411 12892 143347 84912 58435 55870 55870 909522 569973 294323 45226 227377 53612 173025 740 420987 354404 53794 12789 303827 225110 64718 13999 455810 426870 27098 1842 209432 209432 71422 58446 10934 2042 69327 64602 4007 718 COMMUNICATIONS 154834 110392 43585 857 STAFF DEVELOMENT 64568 3654 60856 58 OTHER EXPENSES 56092 9650 46442 DUES AND PUBLICATIONS 36490 29191 5979 1320 31500 31500 11632749 8864319 2445184 323246 3625218 3384710 2203187 1709877 113792 2038224 1415406 2958575 184161 144210 629426 480173 198854 149253 9683264 12763912 17423882 23148761 1220528 1455533 72911 318019 17387 12685 6772727 6772727 404572 156383 8488125 8715347 X 6779397 9820288 2156360 4613126 8935757 14433414 17423882 23148761 5497657 0 X X 0 1 X 1 1 1 X 5993825 7821035 4311510 5137586 6825749 30089705 5993825 7821035 4311510 5137586 6825749 30089705 9476610 20613095 6709 10296 11258 9820 13273 51356 70984 33862 73550 285246 177616 641258 30782319 34793433 0.66960 0.70370 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: VARIOUS MISCELLANEOUS RECEIPTS - 2013 AMOUNT: $ 70,984. 2014 AMOUNT: $ 33,862. 2015 AMOUNT: $ 73,550. 2016 AMOUNT: $ 285,246. 2017 AMOUNT: $ 177,616. 0 1 0 0 0 0 1 24505 0 0 24505 0 PART II-B, LINE 1: THE HOUSING PARTNERSHIP NETWORK, INC. HAS A STAFF MEMBER THAT LOBBIES IN SUPPORT OF OUR EFFORTS TO CREATE A MORE ENTREPRENEURIAL AND SUSTAINABLE AFFORDABLE HOUSING SECTOR THAT MORE EFFECTIVELY AND EFFICIENTLY USES SCARCE PUBLIC DOLLARS. 209933 125730 84203 419493 354443 65050 149253 INVESTMENT IN AFFILIATE 6104935 C LOANS RECEIVABLE 6658977 C 12763912 DUE TO AFFILIATE 156383 156383 X PART X, LINE 2: HPN ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE COMBINED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. HPN HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS AT DECEMBER 31, 2017. HPN'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. 1 ACTION-HOUSING INC 611 WILLIAM PENN PL STE 800 PITTSBURGH PA 152196927 250965469 501(C)3 34421 HOUSING COUNSELING, FORECLOSURE PROGRAM CDC UTAH 501 EAST 1700 STREET SALT LAKE CITY UT 84105 870476889 501(C)3 45169 HOUSING COUNSELING, FORECLOSURE PROGRAM CHAMPLAIN HOUSING TRUST 88 KING STREET BURLINGTON VT 05401 222536446 501(C)3 9513 HOUSING COUNSELING, FORECLOSURE PROGRAM CHARLOTTE-MECKLENBURG HOUSING 4601 CHARLOTTE PARK DRIVE STE 350 CHARLOTTE NC 28217 561620516 501(C)3 54521 HOUSING COUNSELING, FORECLOSURE PROGRAM COLUMBUS HOUSING PARTNERSHIP 3443 AGLER RD COLUMBUS OH 423193385 311208260 501(C)3 82741 HOUSING COUNSELING, FORECLOSURE PROGRAM COMMUNITY DEVELOPMENT CORP OF BROWNSVILLE 901 E LEVEE ST BROWNSVILLE TX 78520 870476889 501(C)3 69170 HOUSING COUNSELING, FORECLOSURE PROGRAM COMMUNITY HOUSING PARTNERS 448 DEPOT STREET NE CHRISTIANSBURG VA 24073 541023025 501(C)3 51842 HOUSING COUNSELING, FORECLOSURE PROGRAM COVENANT COMMUNITY CAPITAL CORPORATION 3300 LYONS SUITE 203 HOUSTON TX 77020 760573676 501(C)3 18114 HOUSING COUNSELING, FORECLOSURE PROGRAM HAP INC 322 MAIN STREET SUITE 1 SPRINGFIELD MA 01105 042518368 501(C)3 14489 HOUSING COUNSELING, FORECLOSURE PROGRAM HOUSING ASSISTANCE CORPORATION 460 WEST MAIN STREET HYANNIS MA 02601 237431255 501(C)3 12827 HOUSING COUNSELING, FORECLOSURE PROGRAM HOUSING DEVELOPMENT FUND 100 PROSPECT STREET SUITE 100 STAMFORD CT 06901 061276156 501(C)3 41557 HOUSING COUNSELING, FORECLOSURE PROGRAM INDIANAPOLIS NEIGHBORHOOD HSG PARTNERSHIP 3550 NORTH WASHINGTON BLVD INDIANAPOLIS IN 46205 351742559 501(C)3 54954 HOUSING COUNSELING, FORECLOSURE PROGRAM LONG ISLAND HOUSING PARTNERSHIP 180 OSER AVENUE SUITE 800 HAUPPAUGE NY 11788 112889068 501(C)3 62620 HOUSING COUNSELING, FORECLOSURE PROGRAM METRO COMMUNITY DEVELOPMENT 503 S SAGINAW SUITE 804 FLINT MI 48502 383072010 501(C)3 16849 HOUSING COUNSELING, FORECLOSURE PROGRAM NHS OF CHICAGO 1279 N MILWAUKEE 4TH FLOOR CHICAGO IL 60642 237443009 501(C)3 57611 HOUSING COUNSELING, FORECLOSURE PROGRAM NHS OF NEW YORK CITY 307 WEST 36TH ST 12 FLOOR NEW YORK CITY NY 10018 133098397 501(C)3 15361 HOUSING COUNSELING, FORECLOSURE PROGRAM SOUTHWEST MINNESOTA HOUSING PARTNERSHIP 2401 BROADWAY AVENUE SUITE 4 SLAYTON MN 56172 411721815 501(C)3 5540 HOUSING COUNSELING, FORECLOSURE PROGRAM ST AMBROSE HOUSING AID CENTER 321 EAST 25TH STREET BALTIMORE MD 21218 521729460 501(C)3 39847 HOUSING COUNSELING, FORECLOSURE PROGRAM TARRANT COUNTY HOUSING PARTNERSHIP 4200 S FREEWAY SUITE 307 FORT WORTH TX 76115 752399903 501(C)3 53017 HOUSING COUNSELING, FORECLOSURE PROGRAM CHN HOUSING PARTNERS 2999 PAYNE AVENUE CLEVELAND OH 44114 341346763 501(C)3 61655 HOUSING COUNSELING, FORECLOSURE PROGRAM AVESTA HOUSING DEVELOPMENT 307 CUMBERLAND AVENUE PORTLAND ME 04101 010315296 501(C)3 2856 HOUSING COUNSELING, FORECLOSURE PROGRAM HOUSING PARTNERSHIP INC 2001 WEST BLUE HERON BOULEVARD RIVIERA BEACH FL 33404 592704597 501(C)3 4116 HOUSING COUNSELING, FORECLOSURE PROGRAM METROPOLITAN BOSTON HOUSING PARTNERSHIP INC 125 LINCOLN STREET 5TH FLOOR BOSTON MA 02111 042775991 501(C)3 51521 HOUSING COUNSELING, FORECLOSURE PROGRAM MINNESOTA HOMEOWNERSHIP CENTER 1000 PAYNE AVENUE NO 200 ST PAUL MN 55130 411741817 501(C)3 125000 TO MAKE AN INVESTMENT INTO FRAMEWORK HOMEOWNERSHIP, LLC 24 PART I, LINE 2: HPN ONLY MAKES GRANTS TO QUALIFIED ORGANIZATIONS THAT MEET THE CRITERIA OF SPECIAL CONTRACT AND GRANT PASS-THROUGHS OF HPN. THE ACCOUNTING DEPARTMENT AND PROGRAM MANAGERS MONITOR ALL GRANT ACTIVITY. X X X 0 0 0 0 0 0 0 0 0 THOMAS BLEDSOE PRESIDENT AND CEO 370489 0 64440 0 0 0 21600 0 23786 0 480315 0 0 0 REBECCA REGAN EVP, PRESIDENT OF CAPITAL MARKETS 240408 0 48200 0 0 0 21600 0 23786 0 333994 0 0 0 CHARLES WEHRWEIN CLERK, CHIEF OPERATING OFFICER 242849 0 11150 0 0 0 20350 0 29776 0 304125 0 0 0 DANIELLE SAMALIN VICE PRESIDENT, HOMEOWNERS 209902 0 39000 0 0 0 19897 0 0 0 268799 0 0 0 MARK LEDERHOS SVP BUSINESS DEV & EXECUTI 184624 0 22800 0 0 0 15940 0 8078 0 231442 0 0 0 WILLIAM KELSEY SVP, PRESIDENT HPIEX 183051 0 22800 0 0 0 17024 0 23786 0 246661 0 0 0 MARK VERNON PRESIDENT HPN SELECT 182074 0 22200 0 0 0 15082 0 17185 0 236541 0 0 0 SHERREE CAPELLO VP OF FINANCE 159409 0 31500 0 0 0 15519 0 17185 0 223613 0 0 0 KRISTIN SIGLIN SVP, POLICY 164609 0 17000 0 0 0 14960 0 23786 0 220355 0 0 0 HOUSING PARTNERSHIP INSURANCE EXCHANGE (HPIEX) HPN HOLDS ONE SEAT ON THE BOARD OF HPIEX 921852 HPN HOLDS ONE SEAT ON THE BOARD OF DIRECTORS OF HPIEX. HPN HAS AN AGREEMENT WITH HPIEX TO PROVIDE MANAGEMENT SERVICES. 0 HOUSING PARTNERSHIP EQUITY TRUST (HPET) HPN HOLDS ONE SEAT ON THE BOARD OF HPET 1039467 HPN IS THE GENERAL MANAGER UNDER MANAGEMENT CONTRACT AND HOLDS ONE SEAT ON THE BOARD OF DIRECTORS OF HPET. HPN HAS AN AGREEMENT WITH HPET TO PROVIDE MANAGEMENT SERVICES. 0 HPN SELECT LLC HPV WAS THE FOUNDER AND HOLDS 33% OF EQUITY INTERESTS IN HPN SELECT. 307213 HPV HOLDS 33% OF EQUITY INTERESTS IN HPN SELECT. HPN HAS AN AGREEMENT WITH HPN SELECT TO PROVIDE MANAGEMENT SERVICES. 0 FORM 990, PART VI, SECTION A, LINE 6 HPN SERVES AS A PEER NETWORK AND BUSINESS ALLIANCE FOR SOME OF THE NATIONS TOP-PERFORMING NONPROFIT HOUSING DEVELOPERS, OWNERS, LENDERS, AND HOUSING COUNSELORS. HPN HELPS THESE STRONG, ACCOMPLISHED ORGANIZATIONS INCREASE PRODUCTION AND IMPACT THROUGH A UNIQUE MEMBER-DRIVEN COOPERATIVE THAT SHARES KNOWLEDGE AND INNOVATION, POOLS RESOURCES TO ACCESS THE CAPITAL MARKETS MORE EFFICIENTLY, AND SHAPES POLICY THAT REFLECTS AND ENHANCES THEIR PRACTICE. FORM 990, PART VI, SECTION A, LINE 7A NONE OF THE DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS, STOCKHOLDERS, OR OTHER PERSONS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS SUBMITTED TO THE FINANCE COMMITTEE FOR REVIEW AND THEN MADE AVAILABLE TO THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT OF INTEREST DISCLOSURES ARE USED AND IF ANY ISSUES ARISE THE BOARD IS NOTIFIED. IF ISSUES ARISE, THE BOARD MEMBER INVOLVED WILL RECUSE THEMSELVES FROM THE DECISION MAKING PROCESS. FORM 990, PART VI, SECTION B, LINE 15 THE QUATT STUDY: THIS IS A REVIEW OF THE OVERALL COMPETITIVENESS AND STRUCTURE OF THE HOUSING PARTNERSHIP NETWORK'S EXECUTIVE COMPENSATION PROGRAM. THE STUDY WAS COMPLETED IN 2015. IN ADDITION, THE BOARD OF DIRECTORS ASSESS COMPENSATION ANNUALLY TO ENSURE THE CEO AND OFFICERS' SALARIES ARE REASONABLE AND THE RESULTS OF THE QUATT STUDY REMAIN RELEVANT BASED ON CURRENT MARKET CONDITIONS. FORM 990, PART VI, SECTION C, LINE 19 BY MEANS OF THE INTERNET AND UPON REQUEST. FORM 990, PART XII, LINE 2C HPN DID NOT CHANGE ITS FINANCIAL OVERSIGHT PROCESS AS OF DECEMBER 31, 2017. THE HOUSING PARTNERSHIP FUND INC 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 043484336 FINANCING & LENDING MA 501(C)(3) 10 HOUSING PARTNERSHIP NETWORK 1 THE HOUSING PARTNERSHIP VENTURES INC 1 WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 200809596 LOAN & OTHER FUNDING ALTERNATIVES MA 501(C)(3) 12A HOUSING PARTNERSHIP NETWORK 1 HPN NMTC I LLC ONE WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 814642909 PROVIDE INVESTMENT CAPITAL IN LOW-INCOME COMMUNITIES DE THE HOUSING PARTNERSHIP NETWORK INC RELATED 3 1498 0 1 0.00010 HPN NMTC II LLC ONE WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 814653999 PROVIDE INVESTMENT CAPITAL IN LOW-INCOME COMMUNITIES DE THE HOUSING PARTNERSHIP NETWORK INC RELATED 2 1499 0 1 0.00010 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 THE HOUSING PARTNERSHIP FUND INC L 250000 CONTRACT VALUE THE HOUSING PARTNERSHIP FUND INC D 1250000 CONTRACT VALUE HPN NMTC I LLC R 375000 CONTRACT VALUE HPN NMTC II LLC R 375000 CONTRACT VALUE FRAMEWORK HOMEOWNERSHIP LLC ONE WASHINGTON MALL 12TH FLOOR BOSTON MA 02108 040888356 ONLINE HOMEOWNERSHIP COUNSELING AND EDUCATION DE RELATED 1 2822765 4278663 0 0 0 0.50000