Housing Partnership Of Chester County Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232550366 ✦ Downingtown, PA ✦ Designated as a 501(c)(3)

Overview

What is Housing Partnership Of Chester County Inc?

Housing Partnership of Chester County Inc, located in Downingtown, Pennsylvania, is a dedicated nonprofit organization with a mission to enhance the living standards of low-to-moderate income residents in the region. Their primary activity involves offering support to individuals and families interested in purchasing a home within Chester County. Through their First Time Home Buyer's Program, they provide pre-purchase counseling and offer financial assistance in the form of a maximum loan of $20,000 for down payment and closing costs. This program aims to make homeownership more accessible for first-time buyers. With a workforce of eight employees, Housing Partnership of Chester County Inc aims to contribute positively to the community by providing affordable housing solutions.


Is Housing Partnership Of Chester County Inc legitimate?

Housing Partnership Of Chester County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Partnership Of Chester County Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $120,354
Professional Fundraising Fees: $0
Other Salaries and Wages: $161,888

For more financial information, click here


What is the mission statement of Housing Partnership Of Chester County Inc?
Who is the CEO of Housing Partnership Of Chester County Inc?
What is the revenue of Housing Partnership Of Chester County Inc?
Who are the executives of Housing Partnership Of Chester County Inc and what are their salaries?
Where can I find the form 990 for Housing Partnership Of Chester County Inc?

Mission Statement of Housing Partnership Of Chester County Inc

Housing Partnership Of Chester County Inc is dedicated to enhancing the living standards of low-to-moderate income individuals in Pennsylvania. Their primary goal is to facilitate the acquisition and maintenance of decent, affordable housing for this demographic. By providing necessary support, they aim to significantly improve the quality of life for this community.

One of the ways Housing Partnership Of Chester County Inc achieves its mission is through its First Time Home Buyer's Program. This program offers assistance to low-to-moderate income individuals and families interested in purchasing a home within Chester County, PA. The program provides pre-purchase home ownership counseling and offers a maximum loan of $20,000 for down payment and closing costs to first-time home buyers. This initiative empowers individuals and families to become homeowners, thereby contributing to their long-term financial stability and overall well-being.

Impact

This information is meant to be a general summary of Housing Partnership Of Chester County Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Housing Partnership Of Chester County Inc's impact is significant in improving the quality of life for low-to-moderate income individuals and families in Chester County, PA. Through their First Time Home Buyer's Program, they assist individuals and families in purchasing a home by providing pre-purchase home ownership counseling and financial support for down payment and closing costs. By offering this program, they are helping more people achieve the dream of homeownership and access decent, affordable housing.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $156
  • Program Service Revenue: $334,751
  • Gross Receipts: $694,632

    • Assets and Liabilities:
  • Total Assets: $4,131,703
  • Total Liabilities: $3,640,419
  • Net Assets: $491,284
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Govt Grants Access

    Revenue

    $83,250

    Govt Grants First Time Home Buyer

    Revenue

    $115,000

    Govt Grants Home Maintenance

    Revenue

    $33,718

    Govt Grants Rehabilitation
    Govt Grants PHARE

    Revenue

    $111,685

    Organization Details

    Founding Year

    1988

    Principal Officer

    Kenneth R Hutton

    Main Address

    41 West Lancaster Avenue, Downingtown, PA, 19335

    NTEE Category

    Code: L80 - Housing

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