Partners for Affordable Housing
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Partners for Affordable Housing is missioned to provide shelter for homeless families and individuals and help them secure economically viable long term housing. The Organization owns and operates a number of scattered site housing facilities that provide emergency, transitional and permanent housing options to homeless and/or at-risk individuals and families in the Mankato area.
- Income
- $1.9 million
- Spending
- $1.9 million
- Spent on programs
- 76%
- Reserves
- -0.4 months of spending
- Largest source of income
- government grants, 61%
- Employees
- 39
- Volunteers
- 61
- Highest pay
- $76,532, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 52 out of 100.
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 35% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
15 of 15Income rose 3% on the year before.
Spending floor
15 of 1576% of spending went to programs and raising each dollar of donations cost 2 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 259 of 9 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 June 30, 2025, 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)
- $684,202 spent. Transitional Housing: Partners for Affordable Housing opened the Welcome Inn Transitional Living Center the summer of 1985. Committed to serving homeless families and individuals, it provides housing and access to a social worker and other supportive services. Currently, the Welcome Inn has 5 bedrooms with up to 3 beds each.
- $172,250 spent. Permanent Housing: Our agency also provides some permanent and affordable housing for low-income individuals and families and those with special needs in order to help combat high rental costs that are found in our community.
- $554,761 spent. Emergency Shelter: Though it offers a wide range of housing options for low-income families and individuals, Partners for Affordable Housing is probably best known as Mankato's "homeless shelter" offering emergency housing to those experiencing a temporary housing crisis. Theresa House and the Welcome Inn, located next door to each other, offer temporary respite to as many as 11 households at any given time. Case management services and skills classes augment the housing services provided. In 2018, Partners for Affordable Housing opened the St. Peter Motel offering 11 units available for emergency, transitional and longer-term housing. We served 210 individuals at the three Emergency Shelters.
Source: Form 990 for the year ending June 30, 2025, 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 June 2025.
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 January 1985.
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: Navigate Affordable Housing Partners Inc (Birmingham, AL), EIN 63-0985617. 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.