Indianapolis Neighborhood Housing Partnership Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
SEE STATEMENT IN SCHEDULE O
- Income
- $24.8 million
- Spending
- $20.1 million
- Spent on programs
- 85%
- Reserves
- 31.2 months of spending
- Largest source of income
- donations and private grants, 55%
- Employees
- 61
- Volunteers
- 37
- Highest pay
- $476,545, president & ceo
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
Strong: 90 out of 100. Higher than 85% of charities in its peer group (housing, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 31.2 months of spending.
Debt
10 of 20It owes 35% of what it owns.
Living within its means
15 of 15Income exceeded spending by 19% of income.
Income trend
15 of 15Income rose 63% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 4 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
Strong: 100 out of 100. Higher than 44% of charities in its peer group (housing, $10m to $100m).
Independent board
25 of 2523 of 24 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a 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.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
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)
- $8.9 million spent. CONSUMER SOLUTIONS: THROUGH INHP, INDIVIDUALS AND FAMILIES WITH LOW AND MODERATE INCOMES ARE PREPARED FOR LONG-TERM SUCCESSFUL HOMEOWNERSHIP BY GAINING THE KNOWLEDGE, FINANCIAL CAPABILITY AND GUIDANCE THEY NEED TO SUCCESSFULLY NAVIGATE THE HOMEBUYING PROCESS. ACROSS OUR CONSUMER SOLUTIONS, 1,317 FAMILIES GRADUATED FROM INHP EDUCATION CLASS OFFERINGS, 212 UNIQUE HOUSEHOLDS BECAME MORTGAGE ELIGIBLE THROUGH THE HOMEWONERSHIP PREPARATION PROGRAM. INHP ORIGINATED 102 DIRECT FIRST AND SECOND MORTGAGE LOANS AND 98 CLIENTS CLOSED A FIRST MORTGAGE WITH PRIVATE SECTOR LENDERS. ALL INHP FIRST AND SECOND MORTGAGE ORIGINATIONS ARE TO INDIVIDUALS AND FAMILIES EARNING 120% OR BELOW THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AREA MEDIAN INCOME AND THE HOME IS LOCATED IN MARION COUNTY. IN 2024, INHP ORIGINATED 44 FIRST MORTGAGES AND PROVIDED MORTGAGE ADVISING AND ACCESS TO CAPITAL FOR AN ADDITIONAL 98 FIRST MORTGAGE CLIENTS TO ACCESS PRIVATE SECTOR LENDER PARTNER PRODUCTS. FURTHER, INHP ORIGINATED 58 SECOND MORTGAGES FOR CLIENTS SO THEY COULD MAKE HOME REPAIRS OR OBTAIN DOWN PAYMENT ASSISTANCE. THIS REPRESENTS A TOTAL OF $25.1 MILLION IN FINANCING FOR LOW TO MODERATE INCOME FAMILIES.
- $8.1 million spent. COMMUNITY SOLUTIONS: INHP IS CREATING OPPORTUNITIES FOR INDIVIDUAL HOMEOWNERS AND NEIGHBORHOODS WITH TARGETED INVESTMENTS ACROSS THE CITY AS WE DEVELOP SINGLE FAMILY HOMES, PROVIDE ACCESS TO CAPITAL AND EXPERTISE, AND PARTNER WITH NEIGHBORHOODS TO RESPOND TO THE SHORTAGE OF AFFORDABLE HOMES FOR FAMILIES OF LOW AND MODERATE INCOMES. ACROSS INHP'S COMMUNITY SOLUTIONS, WE IMPACTED 747 AFFORDABLE HOUSING UNITS. SOME KEY ACCOMPLISHMENTS INCLUDE: - SOLD ONE PROPERTY IN OUR TOD LANDBANK TO A DEVELOPER FOR AFFORDABLE HOUSING - PROVIDED $2.6 MILLION IN COMMUNITY LOANS IMPACTING 230 AFFORDABLE HOUSING UNITS - DEVELOPED 13 NEW AFFORDABLE HOMES ACROSS INDIANAPOLIS
- $78,189 spent. POLICY AND RESEARCH SOLUTIONS: INHP SUPPORTS THE PROCUREMENT OF DATA AND RESEARCH FROM STATE, LOCAL AND NATIONAL RESEARCH ORGANIZATIONS REGARDING AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT. THE RESULTS OF THIS WORK INFORM OUR WORK AND IS SHARED BROADLY TO SUPPORT THE LOCAL KNOWLEDGE BASE RELATIVE TO THE DEMAND FOR AND SUPPLY OF AFFORDABLE HOUSING.
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 October 13, 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 November 6, 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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1989.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 2026.
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