Public Charity

AFFORDABLE HOUSING PARTNERS INC

AFFORDABLE HOUSING PARTNERS INC, of CARMEL, IN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $36.6M in revenue, $25.8M in expenses, $413.5M in total assets. 1 publicly reported grants to this organization, totaling roughly $35K, appear in IRS filings.

EIN: 351993520 CARMEL, IN Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$36.6M
Total Expenses$25.8M
Total Assets$413.5M
Grant Records1
Funding Total$35K
Filing Years2019–2024

Mission

THE CORPORATION'S CHARITABLE PURPOSES INCLUDE DEVELOPING OR FACILITATING THE DEVELOPMENT OF AFFORDABLE, SAFE, GOOD QUALITY, WELL-MAINTAINED HOUSING COMMUNITIES. SEE THE PROGRAM SERVICE ACCOMPLISHMENTS FOR A DETAILED LIST OF COMMUNITIES OWNED.

Where $100 goes at Affordable Housing Partners Inc

How Affordable Housing Partners Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$86 Programs the work itself
$14 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $86 for programs

$43
The corporation developed, owns and operates fourteen affordable housing communities
50% of program spending
$43
Level up lending, LLC was formed with an aim of providing beneficial loan products to empower low-to-moderate income individuals and help to retain and build wealth in underserved…
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
Inclusivity Intitute Level Up Lending
$35,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Brian Chaffin
PRESIDENT Bruce A Cordingley
BOARD MEMBER David Maraman
TREASURER Douglas Boggs
EXEC DIRECTOR - INCLUSIVITY Kathleen Lara
VP AND SECRETARY Maureen M Hougland

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$35,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $36.6M $25.8M $413.5M
2023 $39.7M $22.3M $337.9M
2022 $11.2M $12.6M $238.3M
2020 $6.0M $6.5M $60.4M
2019 $4.2M $4.3M $20.4M

Between 2019 and 2024, reported annual revenue grew from $4.2M to $36.6M (+781%), with total assets most recently reported at $413.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for AFFORDABLE HOUSING PARTNERS INC

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