THE HOUSING PARTNERSHIP FUND INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- THE HOUSING PARTNERSHIP FUND INC (EIN 04-3484336)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-10-17
- IRS object ID
- 201112909349300631
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-10-17T14:55:58-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALEXANDER ARONSON FINNING & CO PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 EAST MAIN STREET | AddressLine1 |
| City | WESTBORO | City |
| State | MA | State |
| ZIP Code | 01581 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043484336 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HOUSING PARTNERSHIP FUND INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HOUS | NameControl |
| Phone | 6177201999 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 160 STATE STREET 5TH FLOOR | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02109 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THOMAS BLEDSOE | Name |
| Title | PRESIDENT | Title |
| Phone | 6177201999 | Phone |
| Date Signed | 2011-10-17 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVID KELLEHER CPA | Name |
| Phone | 5083669100 | Phone |
| Date Prepared | 2011-10-11 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | THOMAS BLEDSOE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 160 STATE STREET 5TH FLOOR | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02109 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 804358 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | HOUSINGPARTNERSHIP.NET | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1999 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE FINANCING FOR THE PURCHASE, REHABILITATION AND DEVELOPMENT OF AFFORDABLE HOUSING. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 6 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 3 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 750000 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1038227 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 728061 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3042 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3722 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 61679 | OtherRevenuePriorYear |
| Other Revenue Current Year | 72575 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1852948 | TotalRevenuePriorYear |
| Total Revenue Current Year | 804358 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1490943 | OtherExpensePriorYear |
| Other Expenses Current Year | 1075355 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1490943 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1075355 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 362005 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -270997 | RevenuesLessExpensesCY |
| Total Assets BOY | 15821104 | TotalAssetsBOY |
| Total Assets EOY | 8537090 | TotalAssetsEOY |
| Total Liabilities BOY | 13443187 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 6430170 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 2377917 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2106920 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE FINANCING FOR THE PURCHASE, REHABILITATION AND DEVELOPMENT OF HOUSING. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 854273 | Expense |
| Revenue | 800636 | Revenue |
| Description | TO PROVIDE REVOLVING LOANS FOR THE PURCHASE, REHABILITATION, AND DEVELOPMENT OF HOUSING THAT WILL BE AVAILABLE TO LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES. | Description |
| Total Program Service Expense | 854273 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 1 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 5 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 6 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 3 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE HOUSING PARTNERSHIP NETWORK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6177201999 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 160 STATE STREET 5TH FLOOR | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02109 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (8 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| THOMAS A BLEDSOE | ||||||
| PRESIDENT | 1.00 | X | X | 0 | 312876 | 40187 |
| DONALD R HINKLE-BROWN | ||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| WILLIAM C PERKINS | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| ROBERT CURRY | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| DANIEL E MARTIN | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| CLARK L ZIEGLER | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| NANCY O ANDREWS | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| VIRGINIA W MARA | ||||||
| CLERK | 1.00 | X | 0 | 104917 | 23099 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 417793 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 63286 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| THE HOUSING PARTNERSHIP NETWORK INC | |||||
| 160 STATE STREET 5TH FLOOR | BOSTON | MA | 02109 | MANAGEMENT AND LOAN UNDERWRITING FEES | 543345 |
| SHEEHAN PHINNEY BASS GREEN | |||||
| 1000 ELM STREET PO BOX 3701 | MANCHESTER | NH | 03101 | LEGAL SERVICES | 125229 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| LOAN INTEREST | 531190 | 628673 | 628673 |
| LOAN FEES | 531190 | 99388 | 99388 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 728061 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3722 | TotalRevenueColumn |
| Exclusion | $3,722 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CONTRACTS AND OTHER | Description |
| Business Code | 531390 | BusinessCode |
| Total Revenue Column | 72575 | TotalRevenueColumn |
| Related Or Exempt Function Income | 72575 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 72575 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 804358 | TotalRevenueColumn |
| Related Or Exempt Function Income | 800636 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $3,722 | ExclusionAmount |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 543345 | Total |
| Program Services | 418376 | ProgramServices |
| Management And General | 124969 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 115769 | Total |
| Program Services | 113993 | ProgramServices |
| Management And General | 1776 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 90845 | Total |
| Management And General | 90845 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 210428 | Total |
| Program Services | 210428 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28179 | Total |
| Program Services | 28179 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13967 | Total |
| Program Services | 13967 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| LOAN LOSS PROVISION | 54555 | 54555 | |
| UNDERWRITING EXPENSE | 14000 | 14000 | |
| ADMINISTRATIVE | 3492 | 3492 | |
| OTHER | 775 | 775 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1075355 | Total |
| Program Services | 854273 | ProgramServices |
| Management And General | 221082 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 477318 | BOY |
| EOY | 368387 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3193694 | BOY |
| EOY | 2194804 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 189860 | BOY |
| EOY | 128365 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69902 | BOY |
| EOY | 36125 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11890330 | BOY |
| EOY | 5809409 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15821104 | BOY |
| EOY | 8537090 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 97687 | BOY |
| EOY | 177253 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25000 | BOY |
| EOY | 2917 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8320500 | BOY |
| EOY | 1000000 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3750000 | BOY |
| EOY | 4000000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1250000 | BOY |
| EOY | 1250000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13443187 | BOY |
| EOY | 6430170 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2377917 | BOY |
| EOY | 2106920 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2377917 | BOY |
| EOY | 2106920 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15821104 | BOY |
| EOY | 8537090 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -270997 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 1000000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 450000 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 750000 | CurrentTaxYearMinus1Year |
| Total | 2200000 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1218591 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1060851 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 730623 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1099906 | CurrentTaxYearMinus1Year |
| Current Tax Year | 800636 | CurrentTaxYear |
| Total | 4910607 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1218591 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2060851 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1180623 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1849906 | CurrentTaxYearMinus1Year |
| Current Tax Year | 800636 | CurrentTaxYear |
| Total | 7110607 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 156000 | CurrentTaxYearMinus2Years |
| Total | 156000 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 985865 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 640536 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 507422 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 741863 | CurrentTaxYearMinus1Year |
| Current Tax Year | 542358 | CurrentTaxYear |
| Total | 3418044 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 985865 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 640536 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 663422 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 741863 | CurrentTaxYearMinus1Year |
| Current Tax Year | 542358 | CurrentTaxYear |
| Total | 3574044 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 3536563 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 167840 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 183792 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 62136 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3042 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3772 | CurrentTaxYear |
| Total | 420582 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 167840 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 183792 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 62136 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3042 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3772 | CurrentTaxYear |
| Total | 420582 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1386431 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2244643 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1242759 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1852948 | CurrentTaxYearMinus1Year |
| Current Tax Year | 804408 | CurrentTaxYear |
| Total | 7531189 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.46960 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.45360 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.05580 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.06560 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NOTES RECEIVABLE | Description |
| Book Value | 5809409 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 5809409 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LOAN FROM AFFILIATE | Description |
| Amount | $1,250,000 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1250000 | TotalOfAmounts |
| Total Revenue | 804358 | TotalRevenue |
| Total Expenses | 1075355 | TotalExpenses |
| Excess Or Deficit For Year | -270997 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | -270997 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 804358 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 804358 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 804358 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1075355 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1075355 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 1075355 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | HPF FOLLOWS THE STANDARDS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THESE STANDARDS CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN HPF'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD AND MEASUREMENT PROCESS FOR FINANCIAL STATEMENT RECOGNITION AND DISCLOSURE OF TAX POSITIONS TAKEN. AS OF DECEMBER 31, 2010, HPF DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS TO REPORT. HPF FILES INFORMATIONAL TAX RETURNS IN THE UNITED STATES (FEDERAL) AND MASSACHUSETTS (STATE) JURISDICTIONS. HPF IS GENERALLY SUBJECT TO INCOME TAX EXAMINATIONS IN THE ABOVE JURISDICTIONS FOR THREE YEARS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | THOMAS A BLEDSOE | NamePerson |
| Base Compensation Filing Org | 0 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 312876 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 40187 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 0 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 353063 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| THOMAS BLEDSOE | |||
| OFFICER OF THE BOARD | 0 | SEE SCHEDULE O. | 0 |
| DON HINKLE-BROWN | |||
| OFFICER OF THE BOARD | 0 | SEE SCHEDULE O. | 0 |
| WILLIAM C PERKINS | |||
| OFFICER OF THE BOARD | 0 | SEE SCHEDULE O. | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | THE HOUSING PARTNERSHP NETWORK (HPN) IS THE SOLE MEMBER OF THE HOUSING PARTNERSHIP FUND (HPF). HPN PERFORMS ALL PROGRAM ADMINISTRATIVE DUTIES OF HPF UNDER MANAGEMENT CONTRACTS. | |
| FORM 990, PART VI, SECTION A, LINE 6 | THE HOUSING PARTNERSHIP NETWORK IS THE SOLE CORPORATE MEMBER OF THE HOUSING PARTNERSHIP FUND. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE HOUSING PARTNERSHIP NETWORK APPOINTS THE HOUSING PARTNERSHIP FUND'S BOARD OF DIRECTORS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 IS MADE AVAILABLE TO THE HOUSING PARTNERSHIP NETWORK'S AUDIT COMMITTEE. | |
| ANNUAL CONFLICT OF INTEREST DISCLOSURE IS USED AND IF ANY ISSUES ARISE THE BOARD IS NOTIFIED AND DIRECTORS RECUSE THEMSELVES. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE HEWITT STUDY: THIS IS A REVIEW OF THE OVERALL COMPETITIVENESS AND STRUCTURE OF THE HOUSING PARTNERSHIP NETWORK'S EXECUTIVE COMPENSATION PROGRAM | FORM 990, PART VI, SECTION B, LINE 15 | |
| BY MEANS OF THE INTERNET AND UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANT. | FORM 990, PART XII, LINE 2C | |
| THOMAS BLEDSOE- THOMAS BLEDSOE IS AN OFFICER OF THE BOARD OF HPF. HE IS ALSO THE PRESIDENT AND CEO OF HOUSING PARTNERSHIP NETWORK (HPN). MANAGEMENT FEE REVENUE EARNED BY HPN FROM HPF WAS $543,345 FOR 2010. HPF OWED HPN $152,731 AS OF DECEMBER 31, 2010. HPF HAS ENTERED INTO A NOTE PAYABLE AGREEMENT WITH HPN. HPF OWES HPN $1,250,000 AS OF DECEMBER 31, 2010. DON HINKLE-BROWN- DON HINKLE-BROWN IS AN OFFICER OF THE BOARD OF HPF. HE IS ALSO A MEMBER OF THE HPN BOARD OF DIRECTORS. MANAGEMENT FEE REVENUE EARNED BY HPN FROM HPF WAS $543,345 FOR 2010. HPF OWED HPN $152,731 AS OF DECEMBER 31, 2010. HPF HAS ENTERED INTO A NOTE PAYABLE AGREEMENT WITH HPN. HPF OWES HPN $1,250,000 AS OF DECEMBER 31, 2010. WILLIAM C. PERKINS- WILLIAM C. PERKINS IS AN OFFICER OF THE BOARD OF HPF. HE IS ALSO ON THE BOARD OF HPN. MANAGEMENT FEE REVENUE EARNED BY HPN FROM HPF WAS $543,345 FOR 2010. HPF OWED HPN $152,731 AS OF DECEMBER 31, 2010. HPF HAS ENTERED INTO A NOTE PAYABLE AGREEMENT WITH HPN. HPF OWES HPN $1,250,000 AS OF DECEMBER 31, 2010. | FORM 990, SCHEDULE L |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| THE HOUSING PARTNERSHIP NETWORK INC | ||||||||||
| 160 STATE STREET 5TH FL | BOSTON | MA | 02109 | 043172401 | SUPPORT THE NETWORK'S NON-PROFIT MEMBERS IN AFFORDABLE HOUSING ADVOCACY | MA | 501(C)(3) | 7 | N/A | 0 |
| THE HOUSING PARTNERSHIP VENTURES INC | ||||||||||
| 160 STATE STREET 5TH FL | BOSTON | MA | 02109 | 200809596 | SUPPORT NETWORK MEMBERS THROUGH LENDING AND FINANCING TRANSACTIONS | MA | 501(C)(3) | 11A | N/A | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 1 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| THE HOUSING PARTNERSHIP NETWORK INC | ||
| L | 543345 | FAIR MARKET VALUE |
| THE HOUSING PARTNERSHIP NETWORK INC | ||
| E | 1250000 | FAIR MARKET VALUE |
| THE HOUSING PARTNERSHIP NETWORK INC | ||
| Q | 32269 | FAIR MARKET VALUE |
| THE HOUSING PARTNERSHIP VENTURES | ||
| Q | 1971397 | FAIR MARKET VALUE |
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