Housing Partnership
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE HOUSING PARTNERSHIP'S (THP) MISSION IS TO STRENGTHEN THE COMMUNITIES OF THE GREATER SEACOAST REGION OF NEW HAMPSHIRE AND SOUTHERN MAINE BY CREATING DIVERSE HOUSING OPPORTUNITIES, UTILIZING INNOVATIVE APPROACHES TO DEVELOPMENT, AND PRACTICING STRONG STEWARDSHIP OF OUR HOUSING. WE VALUE ECONOMIC SUSTAINABILITY, ECONOMIC AND SOCIAL DIVERSITY AND SMART GROWTH. BY HONORING THESE VALUES, WE CREATE HOUSING THAT STRENGTHENS THE FABRIC OF COMMUNITIES.
- Income
- $218,526
- Spending
- $894,881
- Spent on programs
- 84%
- Reserves
- 55.1 months of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 3
- Volunteers
- 6
- Highest pay
- $179,230, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 55 out of 100. Higher than 62% of charities in its peer group (housing, under $250k).
Reserves
35 of 35Spendable reserves would cover 55.1 months of spending.
Debt
5 of 20It owes 62% of what it owns.
Living within its means
0 of 15Spending exceeded income by 310% of income.
Income trend
0 of 15Income fell 67% on the year before.
Spending floor
15 of 1584% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 82 out of 100. Higher than 63% of charities in its peer group (housing, under $250k).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $538,307 spent. RENTAL PROPERTIES - THP OWNS/OVERSEES THE PROPERTY MANAGEMENT OF 252 AFFORDABLE APARTMENTS AND 1 COMMERCIAL UNIT IN DOVER, EXETER, FARMINGTON, LEE, ROLLINSFORD, RYE, KENNEBUNK, ELIOT, AND SOUTH BERWICK.
- $139,950 spent. PROPERTY DEVELOPMENT - DEVELOPMENT OF AFFORDABLE HOUSING THROUGH CONSTRUCTION OF NEW HOUSING AS WELL AS PURCHASE AND REHAB OF EXISTING HOUSING.
- $70,802 spent. HOMEWARD BOUND - A FREE AND COMMUNITY-BASED COMPREHENSIVE HOMEBUYER EDUCTION PROGRAM OFFER IN THE SEACOAST REGION OF NEW HAMPSHIRE. IT IS THE ONLY HUD-CERTIFIED HOMEBUYER EDUCATION PROGRAM OFFERED IN THE SEACOAST REGION. THE 8-HOUR PROGRAM TEACHES THE STEPS NECESSARY FOR SUCCESSFUL HOMEOWNERSHIP. IT PREPARES GRADUATES TO NAVIGATE THE POTENTIAL PITFALLS OF THE HOME BUYING PROCESS. GRAUDATES GAIN ACCESS TO TRANSITIONAL BANK FINANCING, AS WELL AS SATISFYING THE REQUIREMENTS OF MANY INCOME-RESTRICTED LOAN PROGRAMS. THE PROGRAM ALSO OFFERS TIPS ON ESTABLISHING AND SAVING FOR A DOWN PAYMENT, IMPROVING CREDIT SCORE, SHOPPING FOR A HOME, SECURING A MORTGAGE, GETTING A HOME INSPECTION, CLOSING THE SALE AND KEEPING A HOME AND MANAGING FINANCES. IN ADDITION, THE PROGRAM OFFERS APPOINTMENTS FOR INDIVIDUAL COUNSELING.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1989.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Chn Housing Partners (Cleveland, OH), EIN 34-1346763. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.