Columbus Housing Partnership dba Homeport
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Columbus Housing Partnership dba Homeport meets the 20 Standards for Charity Accountability.
Stated Purpose:
MISSION STATEMENT:
Homeport creates strong communities by developing quality, affordable homes on a cornerstone of dignity, security and opportunity.
Year, State Incorporated:
1987, OH
Also Known As:
Columbus Housing Partnership, Inc. Homeport Blacklick Crossing - Homeport Living
PROGRAMS & SERVICES:
Homeport builds quality, affordable homes, primarily financed with private investment leveraged by Federal tax credits. Homeport also develops new and renovated homes designed to catalyze neighborhood revitalization, including market-rate homes, single-family, and lease-to-purchase homes.
Homeport also equips thousands of Central Ohioans with foundational skills needed for successful home ownership. Through group classes and one-on-one coaching, Homeport provides direction and training in key areas such as the home buying process, setting a budget, and avoiding foreclosure, with the goal of providing the tools everyone needs to be long-term stewards of a home.
Homeport Housing Advisory Services: This is a HUD-Certified agency focused on increasing economic literacy. In 2018 404 Clients completed financial/credit and coaching sessions. Our foreclosure prevention program assisted 147 Central Ohioans. Home-buyer Education workshops helped 502 clients get the facts needed to make competent, well-informed financial decisions. Also in 2018, Homeport assisted 350 clients with becoming homeowners totaling $50,000,000 in mortgages.
Homeport Rental Living: has developed over 2,000 units, today providing 6,000 Central Ohioans with a variety of safe, decent and affordable housing options. Communities encompass a wide demographic cross-section–comprised of senior, single-family and multifamily homes. This past year 324 households in our rental living communities, including 197 children, received over $470,000 in tax refunds and cash benefits. Connections to vital social services are also offered at communities –1,500 referrals for job seekers, education and other social service needs were made. In addition, we served over 1,300 meals to children at our communities
Homeport Home Ownership Division: ensures that economically neglected, central city neighborhoods have a chance to flourish and prosper. Since 2004, Homeport Home Ownership Division has taken more than 27 vacant or foreclosed properties within the City of Columbus and has redeveloped them into desirable, marketable homes. In that same time period we have developed and sold more than 96 homes. These affordable home ownership opportunities have transformed vacant streets of boarded-up houses into neighborhoods filled with home owners who take pride in their community.
Homeport Resident Services Programs: 768 total family service connections were made through our Resident Services Program in 2018. 144 children benefited from programming implemented by partners for after-school and summer programs that included educational lessons and activities. Our programs keep families stable and help ensure children graduate from high school. 1650 food boxes were delivered in our senior communities. In addition 750 meals were provided by Produce Markets. Community participation and involvement within our communities has increased exponentially through social engagement initiatives, including: educational programs, financial assistance programs, medical services and parenting resources. In addition, residents are connected to primary and preventive health programs and successfully completed 769 Health and Wellness Assesments.
For the year ended December 31, 2022, Columbus Housing Partnership dba Homeport's program expenses were:
| Real Estate Development | $16,441,331 |
| Housing Advisory | $1,035,007 |
| Resident Services | $819,014 |
| Total Program Expenses | $18,295,352 |
Chief Executive
Leah Evans, President/CEO
Chair of the Board
Mr. Emmett M. Kelly Esquire, Board Chairperson
Chair's Profession / Business Affiliation
Partner at Frost Brown Todd LLC
Board Size
21
Paid Staff Size
38
Method(s) Used:
Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals, Internet, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Columbus Housing Partnership dba Homeport's audited financial statements - consolidated for the year ended December 31, 2022.
Source of Funds
| Rental Revenues | $12,522,836 |
| Govenrment Grants | $3,696,796 |
| Development Fees | $2,355,539 |
| Contributions - Foundations | $672,729 |
| Contributions - Corporations | $489,013 |
| Fees and Other Revenue | $344,171 |
| Unrealized Gain(Loss) on Interest Rate Swap | $90,729 |
| Contributions - Individuals | $87,383 |
| Gain on Sale of Land | $40,427 |
| Excess Distributions from Unconsolidated Entities | $31,671 |
| Equity in Gains(Losses) of Unconsolidated Entities | $23,968 |
| In-Kind Contributions | $23,056 |
| Investment Income(Loss) Net | $412 |
| Fair Value of Net Assets Ac quired Over(Under) Carrying Value, Net | $-337,000 |
| Loss on Sale of Properties Held for Sale | $-1,207,525 |
| Total Income | $18,834,205 |
Programs: 94% Fundraising: 2% Administrative: 5%
| Total Income | $18,834,205 |
| Total expenses: | $19,542,807 |
| Program expenses | $18,295,352 |
| Fundraising expenses | $356,846 |
| Administrative expenses | $890,609 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-708,602 |
| Beginning Net Assets | $23,961,536 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $23,252,934 |
| Total Liabilities | $62,947,077 |
| Total Assets | $86,385,256 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB of Central Ohio