2013-05-15T10:41:38-04:00 2012-12-31 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2012-01-01 351742559 INDIANAPOLIS NEIGHBORHOOD HOUSING PARTNERSHIP INC % SUE SPRINGIRTH INDI 3176104663 3550 NORTH WASHINGTON BLVD Suite INDIANAPOLIS IN 46205 SUSAN SPRINGIRTH 3176104663 2013-05-15 true NICOLE B FISHBACK 3173834000 2012 2016-02-24 21:20:13Z MOIRA CARLSTEDT 3550 NORTH WASHINGTON BLVD INDIANAPOLIS IN 46205 17679086 false X WWW.INHP.ORG X 1988 IN 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. 23 22 62 290 0 0 6868148 8511953 399622 560698 721203 422262 -58539 -65628 7930434 9429285 1201525 2215324 0 0 2976724 3777294 0 0 411315 2517855 3583640 6696104 9576258 1234330 -146973 33238538 35507537 5644527 7706927 27594011 27800610 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 4176024 667785 485678 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. 1269286 50837 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. 566611 24183 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. 1479257 1336064 COMMUNITY DEVELOPMENT CORPORATION 427355 211475 COMMUNITY PARTNERS & RESEARCH 1906612 1547539 7918533 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 83 0 true 62 true false false false false false false false false false false X 23 22 false false false false false false false true true false false true true true true true true true true false IN X SUE SPRINGIRTH 3176104659 3550 NORTH WASHINGTON BLVD INDIANAPOLIS IN 46205 X MOIRA CARLSTEDT 45.0 X X 215174 0 20449 DERRICK BURKS 2.0 X 0 0 DAVID CHAMP 2.0 X X 0 GARY HENTSCHEL 2.0 X 0 DENNIS SOUTHERLAND 2.0 X 0 KEITH HARDING 2.0 X 0 CAREY LYKINS 2.0 X 0 STEPHEN L SCOTT 2.0 X 0 NANCY SILVERS ROGERS 2.0 X 0 KAY WHITAKER 2.0 X 0 JAY GESHAY 2.0 X 0 OLGEN WILLIAMS 2.0 X 0 MIKE NEWBOLD 2.0 X 0 RANDY REICHMANN 2.0 X 0 DAVID SEASE 2.0 X 0 AL SMITH 2.0 X 0 SCOTT MILLER 2.0 X 0 STEVE SULLIVAN 2.0 X 0 TIM MASSEY 2.0 X 0 MARY LISHER 2.0 X 0 MATT GUTWEIN 2.0 X 0 KELLY HUNTINGTON 2.0 X 0 MICHAEL OSBORNE 2.0 X 0 JOSEPH HUNTZINGER 45.0 X 143231 22495 SUSAN SPRINGIRTH 45.0 X 147039 32822 505444 0 75766 3 false true false AMERICAN CONSTRUCTION 55 E 22ND STREET INDIANAPOLIS IN 46202 CONTRACTOR 163707 OPTIMEDIA INTERNATIONAL 13940 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 MEDIA PURCHASES 273143 SHAHEEN CONTRACTORS GROUP 15158 S RADIANCE DRIVE NOBLESVILLE IN 46060 CONTRACTOR 143269 WISCONSIN ENERGY CONSERVATION CORP 431 CHARMANY DRIVE MADISON WI 53719 PROJECT MANAGEMENT 232303 W M INSULATION 2603 E 30TH STREET INDIANAPOLIS IN 46218 CONTRACTOR 107668 9 100000 1724491 6687462 46210 8511953 LOAN RECEIVABLE INTEREST INCOME 900001 399682 399682 LOAN FEE INCOME 900001 84996 84996 CREDIT REPORT FEE INCOME 900001 12127 12127 COUNSELING FEE INCOME 900001 38710 38710 EDUCATION CLASSES 900001 24183 24183 1000 1000 560698 403670 403670 0 0 315 315 0 315 315 7885042 309933 7973898 202485 -88856 107448 18592 18592 7475 100000 73418 -65943 -65743 0 0 0 9429285 560698 356834 2058940 2058940 156384 156384 0 0 581210 327749 218118 35343 0 2481825 2013413 297858 170554 66929 58299 4256 4374 412269 356307 31712 24250 235061 179838 39472 15751 0 165457 77577 87470 410 40041 5871 34170 0 0 0 724048 529227 173763 21058 616230 498471 105432 12327 79189 45029 7807 26353 0 0 236081 155285 79795 1001 45541 29032 12027 4482 0 57436 15007 11157 31272 74740 74740 0 188769 142900 31622 14247 39814 6072 33742 PROVISION FOR LOAN LOSSES 911719 911719 OTHER EXPENSES 404575 276673 78009 49893 9576258 7918533 1246410 411315 2105 2292 7120137 7576068 320000 316000 0 0 0 0 0 0 7810814 9867840 0 0 0 0 2346522 1126946 1191277 1219576 15982986 15942947 0 0 0 0 0 0 811219 582814 33238538 35507537 132368 136618 0 0 3603048 3100681 0 0 0 0 0 0 1341530 3854703 0 0 567581 614925 5644527 7706927 X 18980480 19691042 8613531 8109568 0 0 27594011 27800610 33238538 35507537 -146973 353572 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 19062 13811 32873 76248 1361839 474973 963114 560529 459226 101303 315033 192747 122286 1219576 0 ESCROWS 451850 OTHER LIABILITIES 163075 614925 9865275 353572 9000 73418 435990 9429285 9429285 9658676 9000 73418 82418 9576258 9576258 SCHEDULE D, PART X FIN 48 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. SCHEDULE D, PART XI, LINE 2D RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS LINE 2D: SPECIAL EVENT EXPENSES $73,418 SCHEDULE D, PART XII, LINE 2D RECONCILIATION OF EXPENSES PER AUDITED FINANCIALS STATEMENTS LINE 2D: SPECIAL EVENT EXPENSES $73,418 COMMUNITY BREAK 107475 100000 7475 18287 55131 0 107475 100000 7475 18287 55131 73418 -65943 true Concord Community Development Corporation 1310 S Meridian Street Indianapolis IN 46225 351871947 501(c)3 94111 Operating Support Crooked Creek Community Development Corp 9101 Wesleyan Road Suite 114 Indianapolis IN 46269 352110841 501(c)3 54893 Housing Trust Fund Englewood Community Development Corp 57 N Rural Street Indianapolis IN 46201 352003744 501(c)3 8500 Housing Trust Fund Flanner House of Indianapolis 2424 Martin Luther King Jr Street Indianapolis IN 46208 350942628 501(c)3 30000 Operating Support Harrison Center for the Arts 1505 N Delaware Street Suite 15 Indianapolis IN 46202 010798626 501(c)3 50000 General Grant Disbur Indiana Association for Community Economic Develop 2105 N Meridian Suite 102 Indianapolis IN 46202 351695379 501(c)3 16200 General Grant Disbur TECHNICAL ASSISTANCE Indianapolis Coalition for Neighborhood Developmen 2105 N Meridian Indianapolis IN 46202 351985403 501(c)3 11434 Housing Trust Fund Indianapolis Neighborhood Resource Center 1802 N Illinois Street Indianapolis IN 46202 351909230 501(c)3 10000 General Grant Disbur Indy-East Asset Development 2236 E 10th Street Indianapolis IN 46201 200146547 501(c)3 90000 Operating Support Insight Development Coporation 1919 N Meridian Street Indianapolis IN 46202 352030346 501(c)3 55000 Interest Rate Buydn King Park Area Development Corp 2430 N Delaware Street Indianapolis IN 46205 351704590 501(c)3 145952 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 133650 Operating Support Near North Development Corp 2123 N Meridian Street Indianapolis IN 46202 351427889 501(c)3 117000 Operating Support Neighborhood Christian Legal Clinic 3333 N Meridian Street Suite 201 Indianapolis IN 46208 351916572 501(c)3 504167 General Grant Disbur Progress House Inc 201 S Shelby Street Indianapolis IN 46202 356042602 501(c)3 25000 Interest Rate Buydn Riley Area Development Copr 430 Massachusetts Ave Suite LL1 Indianapolis IN 46204 310963438 501(c)3 94247 Operating Support Southeast Neighborhood Development Corp 1030 Orange Street Indianapolis IN 46203 351557200 501(c)3 128247 Operating Support United Northeast Community Development Corporation 3636 E 38th Street Indianapolis IN 46218 351961274 501(c)3 103924 Operating Support West Indianapolis Development Corp 1211 Hiatt Street Indianapolis IN 46221 351886746 501(c)3 123283 Operating Support Westside Community Development Corp 2232 W Michigan Street Indianapolis IN 46222 351643969 501(c)3 103304 Operating Support 21 0 TECHNICAL ASSISTANCE 9 53754 DOWN PAYMENT ASSISTANCE 12 102630 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES 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 X X false false false false false false false false false MOIRA CARLSTEDT 215174 0 0 0 0 0 6401 0 14048 0 235623 0 0 0 JOSEPH HUNTZINGER 143231 0 0 4347 18148 165726 0 SUSAN SPRINGIRTH 147039 0 0 4680 28142 179861 0 X 43087 SELLING PRICE X TICKETS AND GIFT CARDS 22 3123 FACE VALUE 0 false false false PRIOR YEAR CHANGE IN YEAR END FORM 990, PART I THE PRIOR YEAR COLUMN OF INCOME AND EXPENSES ONLY REPRESENTS ACTIVITY FROM 4/1/2011 TO 12/31/2011. THE ORGANIZATION CHANGED ITS YEAR END FROM A 3/31 YEAR END TO A 12/31 YEAR END EFFECTIVE 12/31/2011. PROGRAM SERVICE ACCOMPLISHMENTS CONTINUED 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 2012, INHP MADE 30 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 2012, INHP MADE 150 OF THESE SECOND MORTGAGE LOANS. PROGRAM SERVICE ACCOMPLISHMENTS CONTINUED 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). PROCESS TO REVIEW THE FORM 990 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. PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY 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. PROCESS TO DETERMINE CEO, OFFICER, & KEY EMPLOYEE COMPENSATION 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. THE COMPENSATION COMMITTEE MINUTES NOTE THE DECISION ON THE COMPENSATION. AVAILABILITY OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, & F/S 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. INHPRI LLC 3550 N WASHINGTON BLVD INDIANAPOLIS IN 46205 010606245 MORTGAGE POOL IN INHP RELATED 0 10789393 false false 0.99000 INHP RECEIVABLES I INC 3550 N WASHINGTON BLVD INDIANAPOLIS IN 46205 010602997 MORTGAGE POOL IN INHP C CORP -10270 0 1.00000 true false false false false false false false false false false false false false false false true true true true