2014-05-15T07:21:42-05:00 2013-12-31 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2013-01-01 351742559 INDIANAPOLIS NEIGHBORHOOD HOUSING PARTNERSHIP INC % SUE SPRINGIRTH INDI 3176104663 3550 NORTH WASHINGTON BLVD Suite INDIANAPOLIS IN 46205 Susan Springirth EVP FINANCE & OPERATIONS 3176104663 2014-05-15 true NICOLE B FISHBACK 3173834000 2013 2015-11-30 17:44:51Z MOIRA CARLSTEDT 3550 NORTH WASHINGTON BLVD INDIANAPOLIS IN 46205 30448002 false X WWW.INHP.ORG X 1988 IN TO INCREASE AFFORDABLE AND SUSTAINABLE HOUSING OPPORTUNITIES FOR INDIVIDUALS AND FAMILIES AND SERVE AS A CATALYST FOR THE DEVELOPMENT AND REVITALIZATION OF NEIGHBORHOODS. 22 21 61 350 0 0 8511953 10841856 560698 617977 422262 436937 -65628 -73252 9429285 11823518 2215324 2155864 0 0 3777294 3927646 0 0 472433 3583640 3582255 9576258 9665765 -146973 2157753 35507537 33634381 7706927 3503943 27800610 30130438 X THE MISSION OF INHP IS TO INCREASE AFFORDABLE AND SUSTAINABLE HOUSING OPPORTUNITIES FOR INDIVIDUALS AND FAMILIES AND SERVE AS A CATALYST FOR THE DEVELOPMENT AND REVITALIZATION OF NEIGHBORHOODS. false false 4455749 770821 558880 AFFORDABLE LENDING - AFTER CLIENTS HAVE COMPLETED THE MORTGAGE AND CREDIT COUNSELING PROGRAM AND THE REQUIRED CLASSES TO BECOME "LENDER-READY," INHP REFERS MANY CLIENTS TO LOCAL LENDING INSTITUTIONS FOR HOME LOANS. INHP ALSO ADMINISTERS A DIRECT LENDING PROGRAM TO HELP CLIENTS WHO DO NOT HAVE A CREDIT PROFILE THAT IS ACCEPTABLE TO TRADITIONAL LENDING INSTITUTIONS. THE DIRECT LENDING PROGRAM PROVIDES LOANS TO TWO TYPES OF CLIENTS: HOME PURCHASE CLIENTS AND HOME REPAIR CLIENTS. SEE SCHEDULE O. 1417049 41957 HOMEOWNER DEVELOPMENT - INHP'S HOMEOWNERSHIP ADVISORS WORK WITH EACH INDIVIDUAL CLIENT FOR UP TO 24 MONTHS TO PROVIDE INDIVIDUALIZED GUIDANCE AND EDUCATION REGARDING MONEY MANAGEMENT, NEGOTIATION OF COLLECTION BALANCES, METHODS OF DISPUTING DEROGATORY CREDIT INFORMATION, IMPROVEMENT OF CREDIT SCORE, REDUCTION OF DEBT, AND ACCUMULATION OF SAVINGS FOR A DOWN PAYMENT ON A HOUSE. SEE SCHEDULE O. 408821 17140 EDUCATION - THE EDUCATION DEPARTMENT A) DEVELOPS AND OFFERS A VARIETY OF HOMEOWNERSHIP CURRICULUM THROUGH EFFECTIVE COMMUNITY COLLABORATIONS, RELATIONSHIPS AND OUTREACH; AND B) TEACHES FAMILIES HOW TO PLAN FOR HOMEOWNERSHIP AND THEN MAINTAIN AND SUSTAIN HOMEOWNERSHIP. 1335533 1195993 COMMUNITY DEVELOPMENT CORPORATION 388036 189050 COMMUNITY PARTNERS & RESEARCH 1723569 1385043 8005188 true true false false false false false false false true false false false true false false true false false false false false false true false false true true true false false false false false false false false true false false false false true true false false true 94 0 true 61 true false false false false false false false false false false X 22 21 false false false false false false false true true false false true true true true true true true true false IN X X SUE SPRINGIRTH 3176104659 3550 NORTH WASHINGTON BLVD INDIANAPOLIS IN 46205 X MOIRA CARLSTEDT PRESIDENT 45.0 X X 238054 0 20488 GARY HENTSCHEL BOARD MEMBER 2.0 X 0 KEITH HARDING BOARD MEMBER 2.0 X 0 STEPHEN L SCOTT BOARD MEMBER 2.0 X 0 NANCY SILVERS ROGERS BOARD MEMBER 2.0 X 0 KAY WHITAKER BOARD Treasurer 2.0 X 0 JAY GESHAY BOARD MEMBER 2.0 X 0 OLGEN WILLIAMS BOARD MEMBER 2.0 X 0 DAVID SEASE BOARD MEMBER 2.0 X 0 AL SMITH BOARD Chair 2.0 X X 0 STEVE SULLIVAN BOARD MEMBER 2.0 X 0 TIM MASSEY BOARD MEMBER 2.0 X 0 MARY LISHER BOARD MEMBER 2.0 X 0 KELLY HUNTINGTON BOARD MEMBER 2.0 X 0 MICHAEL OSBORNE BOARD MEMBER 2.0 X 0 Brad Chambers Board Member 2.0 X 0 Jennett Hill Board Member 2.0 X 0 Robert Manuel Board Member 2.0 X 0 Marisol Sanchez Board Member 2.0 X 0 Greg Riley Board Member 2.0 X 0 Sherry Seiwert Board Member 2.0 X 0 Mary Jo Kennelly Board Member 2.0 X 0 JOSEPH HUNTZINGER VP MORTGAGE LENDING 45.0 X 126163 21563 SUSAN SPRINGIRTH EVP FINANCE & OPERATIONS 45.0 X 144895 0 29325 Robert Evans VP, HOMEOWNER & COMMUNITY DEV 45.0 X 121683 15537 Joseph Hanson EVP CAPITAL DEV & STR INIT 45.0 X 119855 14322 750650 0 101235 5 false true false WISCONSIN ENERGY CONSERVATION CORP 431 CHARMANY DRIVE MADISON WI 53719 PROJECT MANAGEMENT 191170 W M INSULATION 2603 E 30TH STREET INDIANAPOLIS IN 46218 CONTRACTOR 138669 Mitchell Sons HVAC Inc 9465 Counselors Row Suite 200 INDIANAPOLIS IN 46240 Contractor 141545 3 132500 3573707 7135649 58926 10841856 LOAN RECEIVABLE INTEREST INCOME 900001 444338 444338 LOAN FEE INCOME 900001 111492 111492 CREDIT REPORT FEE INCOME 900001 17644 17644 COUNSELING FEE INCOME 900001 24313 24313 EDUCATION CLASSES 900001 17140 17140 3050 3050 617977 344673 344673 0 0 255 255 0 255 255 14510813 4123828 14441157 4101220 69656 22608 92264 92264 8600 132500 82107 -73507 -73507 0 0 0 11823518 617977 363685 2041172 2041172 114692 114692 0 0 851885 595886 217218 38781 0 2325879 1856322 280660 188897 62419 50348 6580 5491 449651 365142 45708 38801 237812 182918 38088 16806 0 92167 65738 26429 56512 4532 51980 0 0 82827 82827 550783 432939 77781 40063 565161 451628 113508 25 64462 14785 31293 18384 0 0 223171 139048 81163 2960 49010 25707 15644 7659 0 63065 21572 7350 34143 112616 112616 0 171221 129810 27745 13666 45364 10672 34692 PROVISION FOR LOAN LOSSES 995693 995693 HOUSING FORUM 21958 21958 LOAN FEE EXPENSES 53655 38847 14808 OTHER EXPENSES 434590 333163 34670 66757 9665765 8005188 1188144 472433 2292 2973 7576068 6750537 316000 458500 0 0 0 0 0 0 9867840 9034950 0 0 0 0 2359456 1294975 1219576 1064481 15942947 15920581 0 0 0 0 0 0 582814 402359 35507537 33634381 136618 625925 0 0 3100681 0 0 0 0 0 0 0 3854703 2184439 0 0 614925 693579 7706927 3503943 X 19691042 21959876 8109568 8170562 0 0 27800610 30130438 35507537 33634381 2157753 172075 X X false true X true true true X X X X false false false CITY OF INDPLS 356001063 06 true true true 0 UNITED WAY 351007590 09 true true true 0 2 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7740 13811 21551 30960 1363493 509934 884519 631641 548315 83326 311811 236726 75085 1064481 0 ESCROWS 507548 OTHER LIABILITIES 186031 693579 12104551 172075 26851 82107 281033 11823518 11823518 9774723 26851 82107 108958 9665765 9665765 ASC 740 DISCLOSURE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS LINE 2D: SPECIAL EVENT EXPENSES $82,107 RECONCILIATION OF EXPENSES PER AUDITED FINANCIALS STATEMENTS LINE 2D: SPECIAL EVENT EXPENSES $82,107 COMMUNITY BREAK 141100 132500 8600 22439 59668 0 141100 132500 8600 22439 59668 82107 -73507 true Crooked Creek Community Development Corp 9101 Wesleyan Rd Suite 114 Indianapolis IN 46269 352110841 501(c)3 51000 Housing Trust Fund Flanner House of Indianapolis 2424 Martin Luther King Jr Street Indianapolis IN 46208 350942628 501(c)3 25000 Operating Support Harrison Center for the Arts 1505 N Delaware Street Suite 15 Indianapolis IN 46202 010798626 501(c)3 50000 OPERATING SUPPORT Indianapolis Coalition for Neighborhood Developmen 2105 N Meridian Indianapolis IN 46202 351985403 501(c)3 46524 Housing Trust Fund Indy-East Asset Development 2236 E 10th Street Indianapolis IN 46201 200146547 501(c)3 90000 Operating Support Keep Indianapolis Beautiful 1029 Fletcher Avenue Indianapolis IN 46203 311005792 501(c)3 16000 General Grant Disbur King Park Area Development Corp 2430 N Delaware Street Indianapolis IN 46205 351704590 501(c)3 129184 Operating Support Local Initiative Support Corp 333 N Pennsylvania St Suite 600 Indianapolis IN 46205 133030229 501(c)3 125000 General Grant Disbur Mapleton Fall Creek Development Corporation 130 E 30th Street Indianapolis IN 46205 351654999 501(c)3 113362 Operating Support Near North Development Corp 2123 N Meridian Street Indianapolis IN 46202 351427889 501(c)3 112675 Operating Support Neighborhood Christian Legal Clinic 3333 N Meridian Street Suite 201 Indianapolis IN 46208 351916572 501(c)3 495500 General Grant Disbur Riley Area Development Corp 430 Massachusetts Ave Suite LL1 Indianapolis IN 46204 310963438 501(c)3 169074 Operating Support Southeast Neighborhood Development Corp 1030 Orange Street Indianapolis IN 46203 351557200 501(c)3 86543 Operating Support United Northeast Community Development Corporation 3636 E 38th Street Indianapolis IN 46218 351961274 501(c)3 117700 Operating Support West Indianapolis Development Corp 1211 Hiatt Street Indianapolis IN 46221 351886746 501(c)3 116494 Operating Support Westside Community Development Corp 2232 W Michigan Street Indianapolis IN 46222 351643969 501(c)3 119118 Operating Support 16 0 DOWN PAYMENT ASSISTANCE 20 114692 SCHEDULE I, PART I, LINE 2 BASED ON THE TERMS OF THE GRANT AGREEMENT INHP WILL RECEIVE ONGOING REPORTING FROM THE GRANTEE OF FINANCIAL STATEMENTS, TAX RETURNS AND UPDATED ACTIVITY REPORTS. SOME GRANTS REQUIRE TIMELY FILING OF THE REPORTS IN ORDER TO RECEIVE ADDITONAL FUNDING REQUEST UNDER THE GRANT AGREEMENT. INHP, BEFORE RELEASING ADDITIONAL FUNDS WILL REVIEW AND COMFIRM THAT ALL REQUIRED REPORTING HAS BEEN MADE. X X X false false false false false false false false false MOIRA CARLSTEDT PRESIDENT 238054 0 0 0 0 0 7051 0 13437 0 258542 0 0 0 SUSAN SPRINGIRTH EVP FINANCE & OPERATIONS 144895 0 0 0 0 0 4721 0 24604 0 174220 0 0 0 X 55726 SELLING PRICE X SOFTWARE 1 1500 FAIR MARKET VALUE X TICKETS AND GIFT CARDS 73 13603 FACE VALUE X FLOWERS 1 625 FAIR MARKET VALUE X BUILDING MATERIALS 1 2850 FAIR MARKET VALUE 0 false false false FORM 990, PART III, QUESTION 4A HOME PURCHASE CLIENTS WHO BORROW FROM INHP TYPICALLY HAVE LOW OR MODERATE HOUSEHOLD INCOMES AND ARE PURCHASING OR REFINANCING A HOME IN MARION COUNTY. OFTEN, THEY WANT TO REHABILITATE THE PROPERTY THEY ARE BUYING OR REFINANCING USING FUNDS FROM THE NEW MORTGAGE. IN 2013, INHP MADE 50 OF THESE FIRST MORTGAGE LOANS. SIMILARLY, HOME REPAIR CLIENTS WHO BORROW FROM INHP TYPICALLY HAVE LOW OR MODERATE HOUSEHOLD INCOMES AND LIVE IN MARION COUNTY. THEY HAVE EMERGENCY HOME REPAIR NEEDS THAT AFFECT THE INHABITABILITY OF THEIR HOMES, OR THEY ARE DISABLED AND IN NEED OF ACCESSIBILITY MODIFICATIONS AND REPAIRS TO THEIR HOMES. WHETHER CLIENTS ARE PURCHASING THEIR FIRST HOME OR ARE ACCESSING HOME REPAIR LOANS, REHABILITATION OF CLIENTS' HOUSING TO BRING IT UP TO CODE AND TO ENSURE SAFETY IS AN IMPORTANT PART OF INHP'S MISSION. IN 2013, INHP MADE 155 OF THESE SECOND MORTGAGE LOANS. FORM 990, PART III, QUESTION 4B THE SPECIALIST COLLECTS INFORMATION ABOUT THE CLIENT, INCLUDING DEMOGRAPHIC INFORMATION, FINANCIAL INFORMATION (SUCH AS PAY STUBS, TAX RETURNS, AND BANK STATEMENTS), CREDIT INFORMATION (A TRI-MERGE CREDIT REPORT WITH SCORES) AND INFORMATION ABOUT THE CLIENT'S BUDGET AND FINANCIAL GOALS. AFTER GATHERING THIS INFORMATION, THE COUNSELOR DEVELOPS A STEP-BY-STEP PLAN TO HELP THE CLIENT PAY OFF DEBTS, SAVE FOR A DOWN PAYMENT, AND INCREASE THEIR CREDIT SCORE IN ORDER TO REACH THE GOAL OF HOME-OWNERSHIP. THE PLAN IS PERSONALIZED AND MAY INCLUDE SOME COMBINATION OF RECOMMENDATIONS ON DEBT REDUCTION, PAYOFF OF COLLECTIONS/JUDGMENTS/LIENS, WAYS TO INCREASE HOUSEHOLD INCOME, DEVELOPMENT OF CREDIT TRADELINES (THOSE REPORTED ON THE CREDIT REPORT AS WELL AS "ALTERNATIVE CREDIT LINES" SUCH AS RENT PAYMENTS AND UTILITIES), A RESTRUCTURE OF THE FAMILY'S HOUSEHOLD BUDGET, AND REFERRALS TO ANOTHER ORGANIZATION FOR ASSISTANCE BEYOND THE SERVICES OFFERED BY INHP. THE END-GOAL OF EACH PLAN IS FOR THE CLIENT'S FINANCIAL STATUS TO IMPROVE ENOUGH TO QUALIFY HIM OR HER FOR A MORTGAGE AND FOR THE CLIENT TO LEAVE THE PROGRAM WITH THE FINANCIAL WHEREWITHAL TO REMAIN IN HIS OR HER HOME. ONCE A CLIENT RECEIVES THE PLAN TO REACH HIS OR HER FINANCIAL GOALS, THE CLIENT IS RESPONSIBLE FOR CARRYING OUT THIS PLAN. THE CLIENT MEETS WITH HIS OR HER SPECIALIST EVERY FOUR TO SIX WEEKS TO REPORT PROGRESS AND ADJUST THE GOALS AND THE PLAN AS NECESSARY. CLIENTS CONTINUE TO MEET WITH SPECIALISTS ONCE EVERY FOUR TO SIX WEEKS FOR UP TO 24 MONTHS OR LONGER IF THE MORTGAGE AND CREDIT SPECIALIST REQUESTS AN EXCEPTION AND THE EXCEPTION IS GRANTED. AT THE END OF THE COUNSELING PROCESS, THE CLIENT IS CONNECTED TO A LOAN ORIGINATOR TO BEGIN THE LOAN APPROVAL PROCESS. INHP DOES NOT OFFER DEBT MANAGEMENT PLANS. THE ORGANIZATION DOES NOT MEET THE CRITERIA OF A CREDIT COUNSELING ORGANIZATION AS DEFINED IN 501(Q). FORM 990, PART VI, SECTION B, QUESTION 11B THE FORM 990 IS PREPARED AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. THE 990 WILL BE REVIEWED WITH THE FINANCE COMMITTEE OF THE BOARD AND APPROVED FOR FILING. ONCE THE COMMITTEE APPROVES THE 990, THE TAX RETURN IS E-MAILED TO ALL BOARD MEMBERS FOR THEIR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, QUESTION 12C THE CONFLICT OF INTEREST DOCUMENT IS SENT TO ALL BOARD MEMBERS, WHO RESPOND TO THE QUESTIONS AND SIGN AND RETURN THE DOCUMENT. THE AUDITORS ALSO REVIEW THE FORMS DURING THE ANNUAL AUDIT. UPON RECEIPT, THE FORMS ARE REVIEWED FOR CONFLICTS AND IF NOTED, THEY WILL BE BROUGHT TO THE ATTENTION OF THE EXECUTIVE COMMITTEE WHO WILL DETERMINE THE APPROPRIATE RESPONSE. FORM 990, PART VI, SECTION B, LINES 15A & 15B A COMPENSATION SUBCOMMITTEE OF THE BOARD REVIEWS THE PRESIDENT'S RECOMMENDATIONS FOR COMPENSATION OF THE SENIOR MANAGEMENT TEAM ON AN ANNUAL BASIS. THE RESPONSIBILITIES OF THIS COMMITTEE ARE AS FOLLOWS: 1. EVALUATE THE PRESIDENT'S JOB PERFORMANCE BASED ON PERFORMANCE GOALS RELATED TO THE ORGANIZATION'S STRATEGIC GOALS; 2. SOLICIT WRITTEN FEEDBACK FROM THE FULL BOARD AS DETERMINED BY THE COMMITTEE; 3. DETERMINE THE PRESIDENT'S COMPENSATION LEVEL BASED ON RESPONSIBILITIES, JOB PERFORMANCE AND EXTERNAL, INDEPENDENT COMPENSATION ANALYSIS; 4. APPROVE THE PRESIDENT'S RECOMMENDATIONS FOR OTHER EXECUTIVE STAFF COMPENSATION; 5. AUTHORIZE ADJUSTMENTS TO ORGANIZATIONAL SALARY RANGES FROM TIME TO TIME BASED ON EXTERNAL RECOMMENDATIONS (E.G. COMPENSATION REVIEW RESOURCES); 6. PERIODICALLY REVIEW THE COMPENSATION STRUCTURE AND DETERMINE WHETHER THE CURRENT STRUCTURE IS APPROPRIATE; 7. DOCUMENT ALL ACTIVITIES AND PREPARE A BRIEF STATEMENT AUTHORIZING THE COMPENSATION ADJUSTMENTS OF EXECUTIVE STAFF; 8. CONSULT WITH TREASURER REGARDING BUDGET PRIOR TO RECOMMENDING COMPENSATION, INCENTIVE, OR SALARY RANGE ADJUSTMENTS; 9. REPORT TO EXECUTIVE COMMITTEE ALL ACTIONS OF THE SUB-COMMITTEE; AND 10. REVIEW AND RECOMMEND CHANGES IN POLICIES, PROCEDURES AND THIS CHARGE, AS APPROPRIATE. THE MOST RECENT COMPENSATION ANALYSIS WAS COMPLETED BY TOWERS WATSON AND DELIVERED TO THE COMPENSATION COMMITTEE IN AUGUST 2012. FOR ANY NEW POSTIONS CREATED OR JOB DESCRIPTION CHANGES, TOTAL REWARDS SOLUTIONS IS CONTRACTED TO PROVIDE SALARY INFORMATION. THE COMPENSATION COMMITTEE MINUTES NOTE THE DECISION ON THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. INHPRI LLC 3550 N WASHINGTON BLVD INDIANAPOLIS IN 46205 010606245 MORTGAGE POOL IN INHP related 0 10339672 false 0 false 0.99000 INHP RECEIVABLES I INC 3550 N WASHINGTON BLVD INDIANAPOLIS IN 46205 010602997 MORTGAGE POOL IN INHP C CORP -13319 0 1.00000 true false false false false false false false false false false false false false false true true true true