Indiana · Nonprofit
AFFORDABLE HOUSING PARTNERS INC
AFFORDABLE HOUSING PARTNERS INC (Indiana) receives grants from 2 organizations whose IRS filings report $59,000 to it, the largest being THE INDIANAPOLIS FOUNDATION INC ($35,000). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $37M
- Funders on record
- 2
- Grants received
- $59k
- Net assets
- $67M
What Affordable Housing Partners Inc does
Mission
The corporation's charitable purposes include developing or facilitating the development of affordable, safe, good quality, well-maintained housing communities. See the program service accomplishments for a detailed list of communities owned.
As stated on its FY2024 Form 990.
Programs
On its FY2024 return the organization reported starting a significant new program.
See part iii, line 4b
Its own explanation, from Schedule O of that return (Part III, line 2).
The corporation developed, owns and operates fourteen affordable housing communities. Crystal glen apartments, phase ii is a 64 unit apartment community located in findlay, ohio. Crystal glen apartments, phase ii was sold in 2024. Autumn woods apartments and autumn woods ii apartments are both 96 unit apartment communities located contiguous to each other in crawfordsville, indiana. Autumn woods apartments and autumn woods ii apartments were sold in 2024. Mill run is a 200 unit apartment community located in columbia, south carolina. Landings of gastonia apartment homes is a 156 unit apartment community in gastonia, north carolina. The bluffs apartment homes is a 144 unit apartment community located in spartanburg, south carolina. Woodwinds apartment homes is a 144 unit apartment community locatred in greenville, south carolina. Broad river village apartments is a 160 unit apartment community and broad river village ii apartments is a 120 unit apartment community. They are located contiguous to each other in beaufort, south carolina. Broad river village l.p. Owns broad river village apartments. The corporation is the 100% owner of ahp-broad river, llc. Ahp-broad river, llc is the…
$22,331,643 spentof which $503,299 as grants$32,417,481 earned by the program100% of program spendingLevel up lending, llc was formed with an aim of providing beneficial loan products to empower low-to-moderate income individuals and help to retain and build wealth in underserved communities for undeserved individuals.
$0 spent$35,000 earned by the program0% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $22,331,643.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $238M to $338M (+42%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 5% · 2021 3% · 2024 9%. Grants only. Government contracts and fees sit inside program revenue.
9% of AFFORDABLE HOUSING PARTNERS INC’s revenue is contributions — about as donation-reliant as the typical peer (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Kathleen Lara
Exec director - inclusivity
As listed on its FY2024 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
2 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of AFFORDABLE HOUSING PARTNERS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
AFFORDABLE HOUSING PARTNERS INC leans on a few funders — its largest provides 59% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AFFORDABLE HOUSING PARTNERS INC.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of AFFORDABLE HOUSING PARTNERS INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.
Funder states come from each funder’s own filing. $59k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
AFFORDABLE HOUSING PARTNERS INC runs a healthier operating margin than three-quarters of the 817 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 817 housing & shelter nonprofits $10M–$100M, FY2024
Organizations like AFFORDABLE HOUSING PARTNERS INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Indiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
87% of spending goes to programs.
Governance
Public support
95%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 28 related entities
- Ahp - Crystal Glen II LLC · disregarded
- Ahp - Knollwood Crossing I LLC · disregarded
- Ahp - Autumn Woods I LLC · disregarded
- Inclusivity Institute LLC · disregarded
- Ahp of Columbia · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for AFFORDABLE HOUSING PARTNERS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds AFFORDABLE HOUSING PARTNERS INC?
- AFFORDABLE HOUSING PARTNERS INC (Indiana) receives grants from 2 organizations whose IRS filings report $59,000 to it, the largest being THE INDIANAPOLIS FOUNDATION INC ($35,000). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does AFFORDABLE HOUSING PARTNERS INC have?
- IRS filings report 2 organizations giving $59,000 in grants to AFFORDABLE HOUSING PARTNERS INC.
- Who is the largest funder of AFFORDABLE HOUSING PARTNERS INC?
- THE INDIANAPOLIS FOUNDATION INC is the largest funder on record, with $35,000 in grants. The full list of funders is on this page.
- How can an organization like AFFORDABLE HOUSING PARTNERS INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing