HOUSING INITIATIVE PARTNERSHIP INC
AI Summary
HOUSING INITIATIVE PARTNERSHIP INC is a housing rehabilitation and housing development nonprofit that develops affordable housing, revitalizes neighborhoods, and helps people achieve their housing and financial goals. In filing year 2025, it reported an $8.8M operating budget and $6.7M in total revenue, with support from funders including GREATER WASHINGTON COMMUNITY FOUNDATION, ENTERPRISE COMMUNITY PARTNERS INC, and ENTERPRISE COMMUNITY LOAN FUND INC.
Mission Statement
HOUSING INITIATIVE PARTNERSHIP, INC. (HIP) DEVELOPS INNOVATIVE AFFORDABLE HOUSING, REVITALIZES NEIGHBORHOODS AND EQUIPS PEOPLE TO ACHIEVE THEIR HOUSING AND FINANCIAL GOALS. HIP'S VISION IS THAT EVERY PERSON LIVES IN HIGH-QUALITY AFFORDABLE HOUSING IN A THRIVING COMMUNITY.
Cause Areas
2
Housing development
Housing rehabilitation
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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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- 18 funders
- 33 board & team members
- 11 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is HOUSING INITIATIVE PARTNERSHIP INC’s budget?
In 2024, HOUSING INITIATIVE PARTNERSHIP INC reported an annual operating budget of around $8.2 million. More detailed financial information is available to registered users.
What causes does HOUSING INITIATIVE PARTNERSHIP INC support?
HOUSING INITIATIVE PARTNERSHIP INC supports work in Housing development and Housing rehabilitation.
Where does HOUSING INITIATIVE PARTNERSHIP INC operate?
HOUSING INITIATIVE PARTNERSHIP INC is headquartered in Hyattsville, MD.
Who funded HOUSING INITIATIVE PARTNERSHIP INC recently?
In 2025, HOUSING INITIATIVE PARTNERSHIP INC received grants from GREATER WASHINGTON COMMUNITY FOUNDATION, THE MORRIS AND GWENDOLYN CAFRITZ FOUNDATION, and THE MORRIS AND GWENDOLYN CAFRITZ FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant HOUSING INITIATIVE PARTNERSHIP INC received in 2024?
The largest grant to HOUSING INITIATIVE PARTNERSHIP INC in 2024 exceeds $20 thousand.
What is HOUSING INITIATIVE PARTNERSHIP INC’s reliance on government grants?
HOUSING INITIATIVE PARTNERSHIP INC relied on government grants for more than 70% of their total revenue in 2024.