METROPOLITAN HOUSING PARTNERS INC

EIN: 311487799 501(c)(3) Housing & Shelter

COLUMBUS, OH

Total Revenue
$15,038
Total Expenses
$39,721
Total Assets
$8,941,255
Net Assets
$2,419,618
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
OH
Principal Officer
THOMAS WILLIAMSON
Phone
6144216401
Tax Period
2023-01-01 to 2023-12-31

METROPOLITAN HOUSING PARTNERS INC, founded in 1996, is a micro nonprofit in the Housing & Shelter sector that reported $15K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $40K exceeded revenue, resulting in a 164% operating deficit.

Mission

TO RELIEVE A SHORTAGE OF DECENT, SAFE, AND SANITARY HOUSING FOR PERSONS OF LOW INCOME. TO ENGAGE IN OR ASSIST IN THE DEVELOPMENT, FINANCING OR OPERATION AND CARRYING OUT OR ASSISTING IN CARRYING OUT LOW INCOME HOUSING PROJECT(S) INCLUDING ASSISTANCE BY BORROWING AND LENDING FUND(S), AND TO FUNCTION WITHIN THE MEANING OF THE UNITED STATES HOUSING ACT OF 1937, AS AMENDED, AS AN INSTRUMENTALITY OF COLUMBUS METROPOLITAN HOUSING AUTHORITY.METRO HOUSING SERVES AS AN INVESTOR IN HOUSING PROJECTS THAT ARE FINANCED BY IRC SECTION 42 LOW-INCOME HOUSING TAX CREDITS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $15,038
Other Revenue $0
TOTAL REVENUE $15,038

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $39,721
Other Expenses $39,721
TOTAL EXPENSES $39,721

Year-over-Year Comparison

2023 2022 Change
Revenue $15,038 $11,059 +0.4%
Expenses $39,721 $64,359 -0.4%
Net Income $-24,683 $-53,300 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES L ERVIN JR CHAIR - BOARD OF DIRECTORS 0.25
Director
$0 $0 $0
FREDERICK L RANSIER ESQ VICE CHAIR BOARD OF DIRECT 0.25
Director
$0 $0 $0
JACQUELIN LEWIS COMMISSIONER 0.25
Director
$0 $0 $0
D MALONE COMMISSIONER 0.25
Director
$0 $0 $0
STEPHEN DALEY COMMISSIONER 0.25
Director
$0 $0 $0
CHARLES D HILLMAN PRESIDENT, CEO 40.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $15,038 $39,721 $8,941,255 $-24,683
2022 $11,059 $64,359 $8,793,188 $-53,300
2021 $19,607 $5,697 $8,850,942 $13,910
2020 $25,198 $13,638 $6,860,061 $11,560
2019 $1,974 $3,556 $6,912,027 $-1,582
2018 $1,000,380 $84,616 $4,297,836 $915,764
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