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Heritage Housing Partners

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

EIN: 954706651 ✦ Pasadena, CA ✦ Designated as a 501(c)(3)

Overview

What is Heritage Housing Partners?

Heritage Housing Partners is a nonprofit organization based in Pasadena, California, specifically located at 608 North Fair Oaks Avenue 126. Their primary mission is to promote historic preservation and neighborhood revitalization by developing, owning, and operating low-income housing properties for sale or rent. This organization has made significant contributions to the community by working on the predevelopment, rehabilitation, and construction of over 250 housing units, primarily targeting first-time low to moderate income home buyers in Pasadena. With a dedicated team of seven employees, Heritage Housing Partners continues to contribute to the community by providing affordable housing options and fostering neighborhood development.


Official website here: www.heritagehousingpartners.org

Is Heritage Housing Partners legitimate?

Heritage Housing Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Housing Partners 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: $149,063
Professional Fundraising Fees: $0
Other Salaries and Wages: $352,551

For more financial information, click here


Official website here: www.heritagehousingpartners.org

What is the mission statement of Heritage Housing Partners?

Heritage Housing Partners is dedicated to promoting historic preservation and neighborhood revitalization. They achieve this by developing, owning, and operating rental or for-sale low-income housing properties. The organization's mission is to contribute to the betterment of communities by providing affordable housing options for individuals in need. Through predevelopment, rehabilitation, and new construction projects, Heritage Housing Partners has successfully developed over 250 housing units, primarily for first-time low to moderate income homebuyers. Their work in Pasadena, California, has played a significant role in enhancing the local community.


Official website here: www.heritagehousingpartners.org

Who is the CEO of Heritage Housing Partners?

Charles E Loveman Jr is the President of Heritage Housing Partners.


Official website here: www.heritagehousingpartners.org

What is the revenue of Heritage Housing Partners?

Heritage Housing Partners's revenue in 2022 was $1,790,509.


Official website here: www.heritagehousingpartners.org

Who are the executives of Heritage Housing Partners and what are their salaries?

The average compensation at Heritage Housing Partners during 2022 was $71,659. There are 7 employees and 10 volunteers at Heritage Housing Partners.

Here are 11 key members and their salaries:

    Charles Loveman (Executive Director)
  • Compensation: $144,862
  • Related: $0
  • Other: $4,200

    • David Rodriguez (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Bruckner (1St Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Mcaustin (2Nd Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Davis (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Spears (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Carpenter (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Antonio Manning (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mercedes Martin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Blair Miller (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Ware (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.heritagehousingpartners.org

    Where can I find the form 990 for Heritage Housing Partners?

    The Heritage Housing Partners’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.heritagehousingpartners.org

    Learn more at the official website: www.heritagehousingpartners.org

    Mission Statement of Heritage Housing Partners

    Heritage Housing Partners is committed to promoting historic preservation and neighborhood revitalization. They accomplish this mission by engaging in the development, ownership, and operation of low-income housing properties, both for rent and for sale. This organization's primary focus is on assisting first-time homebuyers with modest incomes, as demonstrated by their work in Pasadena, California, where they completed over 250 housing units for this demographic. By preserving historical buildings and revitalizing neighborhoods, Heritage Housing Partners contributes to the betterment of communities, providing affordable housing options for those in need.

    Impact

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




    Sunday, July 21, 2024

    Heritage Housing Partners has had a significant impact on promoting historic preservation and neighborhood revitalization in Pasadena, California. Through their work on predevelopment, rehabilitation, and new construction projects, they have developed, owned, and operated over 250 units of low-income housing. These efforts have primarily benefited first-time low to moderate income home buyers in the community, contributing to the overall economic stability and growth of the area. Their focus on providing affordable housing options plays a crucial role in addressing housing needs and supporting community development.





    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: $19,048
  • Program Service Revenue: $1,387,167
  • Gross Receipts: $1,790,509

    • Assets and Liabilities:
  • Total Assets: $63,829,840
  • Total Liabilities: $74,063,539
  • Net Assets: -$10,233,699
  • Programs

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

    REAL ESTATE SALES

    Revenue

    $1,296,067

    MANAGEMENT FEES

    Revenue

    $91,100

    Organization Details

    Founding Year

    1998

    Principal Officer

    Charles E Loveman Jr

    Main Address

    608 NORTH FAIR OAKS AVENUE 126, PASADENA, CA, 91103

    NTEE Category

    Code: L25 - Housing

    If you are a representative of Heritage Housing Partners and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.