LOUISVILLE HOUSING OPPORTUNITIES AND MICRO ENTERPRISE COMMUNITY
AI Summary
The Louisville Housing Opportunities and Micro Enterprise Community (LHOME) is a nonprofit financial institution dedicated to providing accessible and affordable loan products and financial coaching services to low-income small business owners, homeowners, and residents of Louisville, Kentucky. With an operating budget of $1.5 million and total revenue of $1.3 million, LHOME focuses on serving low- and moderate-income neighborhoods, particularly in the West and South End, and aims to create intergenerational wealth opportunities for historically underserved communities. The organization does not rely on a single funder for 50% or more of its revenue.
Mission Statement
LHOME IS A MISSION-DRIVEN, NONPROFIT FINANCIAL INSTITUTION THAT PROVIDES ACCESSIBLE, AFFORDABLE LOAN PRODUCTS AND FINANCIAL COACHING SERVICES TO LOW-INCOME SMALL BUSINESS OWNERS, HOMEOWNERS, AND RESIDENTS OF LOUISVILLE, KENTUCKY. LHOME IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI), CERTIFIED BY THE U.S. TREASURY. LHOME IS SHORT FOR THE LOUISVILLE HOUSING OPPORTUNITIES AND MICRO-ENTERPRISE COMMUNITY DEVELOPMENT LOAN FUND, INC.LHOME IS COMMITTED TO SERVING THE PEOPLE AND BUSINESSES OF LOUISVILLE'S LOW- AND MODERATE- INCOME CENSUS TRACTS, PRIMARILY OUR WEST AND SOUTH END NEIGHBORHOODS, AND CREATING INTERGENERATIONAL WEALTH OPPORTUNITIES, PARTICULARLY FOR LOUISVILLE'S BLACK AND BROWN RESIDENTS. OVER 70% OF LHOME CLIENTS ARE NON-WHITE, AND OVER 90% RESIDE IN THESE HISTORICALLY UNDERSERVED AND DISCRIMINATED SECTIONS OF OUR CITY.
Cause Areas
2
Community improvement
Public housing
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is LOUISVILLE HOUSING OPPORTUNITIES AND MICRO ENTERPRISE COMMUNITY’s budget?
In 2024, LOUISVILLE HOUSING OPPORTUNITIES AND MICRO ENTERPRISE COMMUNITY reported an annual operating budget of around $1.5 million. More detailed financial information is available to registered users.
What causes does LOUISVILLE HOUSING OPPORTUNITIES AND MICRO ENTERPRISE COMMUNITY support?
LOUISVILLE HOUSING OPPORTUNITIES AND MICRO ENTERPRISE COMMUNITY supports work in Community improvement and Public housing.
Where does LOUISVILLE HOUSING OPPORTUNITIES AND MICRO ENTERPRISE COMMUNITY operate?
LOUISVILLE HOUSING OPPORTUNITIES AND MICRO ENTERPRISE COMMUNITY is headquartered in Louisville, KY.
Who funded LOUISVILLE HOUSING OPPORTUNITIES AND MICRO ENTERPRISE COMMUNITY recently?
In 2025, LOUISVILLE HOUSING OPPORTUNITIES AND MICRO ENTERPRISE COMMUNITY received grants from RUSSELL A PLACE OF PROMISE, THE COMMUNITY FOUNDATION OF LOUISVILLE DEPOSITORY INC, and LEGACY FOUNDATION OF KENTUCKIANA INC. More information on this organization’s funders is available to registered users.
What is the largest grant LOUISVILLE HOUSING OPPORTUNITIES AND MICRO ENTERPRISE COMMUNITY received in 2024?
The largest grant to LOUISVILLE HOUSING OPPORTUNITIES AND MICRO ENTERPRISE COMMUNITY in 2024 exceeds $100 thousand.
What is LOUISVILLE HOUSING OPPORTUNITIES AND MICRO ENTERPRISE COMMUNITY’s reliance on government grants?
LOUISVILLE HOUSING OPPORTUNITIES AND MICRO ENTERPRISE COMMUNITY relied on government grants for more than 65% of their total revenue in 2024.