Civic Intelligence

Homeownership Preservation Foundation

990 • Fiscal year 2022 • EIN 52-2403507

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 20, 2023

36500 Corporate DriveFarmington Hills, MI 48331

(248) 553-5400

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

62nd percentile

0.29x

Higher debt load relative to assets than 62% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

57th percentile

0.29x

Higher debt load relative to revenue than 57% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

42nd percentile

3.6%

Higher net margin than 42% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

92nd percentile

$542,929

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

71st percentile

11%

Faster asset growth than 71% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

84th percentile

42%

Faster revenue growth than 84% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$10,911,422

Up $1,052,055 (+11%) from 2021

Net Assets

Down

$7,774,798

Down $532,240 (-6.4%) from 2021

Liabilities

Up

$3,136,624

Up $1,584,295 (+102%) from 2021

Revenue

Up

$10,640,592

Up $3,132,488 (+42%) from 2021

Expenses

Up

$10,256,218

Up $3,541,731 (+53%) from 2021

Net Income

Down

$384,374

Down $409,243 (-52%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2012: $26,190,124Liabilities 2012: $9,376,612Net Assets 2012: $16,813,5122012Assets 2013: $24,742,558Liabilities 2013: $6,390,598Net Assets 2013: $18,351,9602013Assets 2014: $24,565,263Liabilities 2014: $7,303,571Net Assets 2014: $17,261,6922014Assets 2015: $22,781,539Liabilities 2015: $7,241,854Net Assets 2015: $15,539,6852015Assets 2016: $18,562,354Liabilities 2016: $5,641,894Net Assets 2016: $12,920,4602016Assets 2017: $12,273,720Liabilities 2017: $3,272,221Net Assets 2017: $9,001,4992017Assets 2018: $6,575,515Liabilities 2018: $1,457,227Net Assets 2018: $5,118,2882018Assets 2019: $8,036,330Liabilities 2019: $1,840,407Net Assets 2019: $6,195,9232019Assets 2020: $9,160,530Liabilities 2020: $1,320,047Net Assets 2020: $7,840,4832020Assets 2021: $9,859,367Liabilities 2021: $1,552,329Net Assets 2021: $8,307,0382021Assets 2022: $10,911,422Liabilities 2022: $3,136,624Net Assets 2022: $7,774,7982022Assets 2023: $11,041,312Liabilities 2023: $2,117,216Net Assets 2023: $8,924,0962023Assets 2024: $12,080,154Liabilities 2024: $3,229,956Net Assets 2024: $8,850,1982024

Highlighted filing

2022

Assets$10,911,422
Liabilities$3,136,624
Net Assets$7,774,798

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MRevenue 2012: $45,973,603Expenses 2012: $47,173,816Net Income 2012: -$1,200,2132012Revenue 2013: $42,269,517Expenses 2013: $41,327,378Net Income 2013: $942,1392013Revenue 2014: $34,272,432Expenses 2014: $35,079,286Net Income 2014: -$806,8542014Revenue 2015: $33,556,752Expenses 2015: $33,571,840Net Income 2015: -$15,0882015Revenue 2016: $25,869,888Expenses 2016: $29,176,617Net Income 2016: -$3,306,7292016Revenue 2017: $16,367,358Expenses 2017: $20,253,790Net Income 2017: -$3,886,4322017Revenue 2018: $7,194,035Expenses 2018: $10,711,906Net Income 2018: -$3,517,8712018Revenue 2019: $7,152,479Expenses 2019: $6,666,689Net Income 2019: $485,7902019Revenue 2020: $8,962,581Expenses 2020: $8,067,445Net Income 2020: $895,1362020Revenue 2021: $7,508,104Expenses 2021: $6,714,487Net Income 2021: $793,6172021Revenue 2022: $10,640,592Expenses 2022: $10,256,218Net Income 2022: $384,3742022Revenue 2023: $14,063,939Expenses 2023: $13,663,982Net Income 2023: $399,9572023Revenue 2024: $11,246,874Expenses 2024: $11,507,338Net Income 2024: -$260,4642024

Highlighted filing

2022

Revenue$10,640,592
Expenses$10,256,218
Net Income$384,374
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 20, 2023
Return Version
2022v5.0
Gross Receipts
$11,034,816
Mission and Program Overview

Mission

Provides education and counseling to financially distressed homeowners to preserve and promote homeownership.

To promote, educate, and counsel the financially distressed on how to sustain homeownership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,737,066$6,572,957▼ $1,164,109
Accounts Receivable$972,767$2,522,863▲ $1,550,096
Cash and Non-Interest-Bearing Accounts$1,143,104$1,809,226▲ $666,122
Prepaid Expenses and Deferred Charges$6,430$6,376▼ $54
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$9,859,367$10,911,422▲ $1,052,055
Liabilities
Accounts Payable and Accrued Expenses$1,552,329$3,054,040▲ $1,501,711
Deferred Revenue-$82,584-
Total Liabilities$1,552,329$3,136,624▲ $1,584,295
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,307,038$7,774,798▼ $532,240
Total Net Assets Fund Balance$8,307,038$7,774,798▼ $532,240
Total Liabilities and Net Assets / Fund Balance$9,859,367$10,911,422▲ $1,052,055

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$3,492,946$3,492,946
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Jennifer FraserDirector of Stakeholder Engagement & CCOPT$235,781$235,781

Board Members and Trustees

NameTitle
Carey PachlaChair
Kristen HoltPresident & CEO
Michelle GreeneVice Chair
Bruce GottschallDirector
Jane SydlowskiDirector
Joe LafeirDirector
John FirthDirector
Joshua SledgeDirector
Shawn StewartDirector
Michael PoulosDirector (left 11/2022)
Maureen Ann AndersonDirector of Compliance and
Jennifer FraserDirector of Stakeholder Engagement &
Richard T HollisChief Financial Officer
Sireesha MandavaChief Information Officer
Donna McneillChief Operating Officer
William RichardsSecretary
Roderick McginnissSVP - Business Development
Anthony ZambelliTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Greenpath Financial WellnessCounseling Services36500 CORPORATE DRIVE, Farmington Hills, MI 48331$6,565,103
Revenue and Support

Revenue Composition

Contributions and Grants
$440,000
Program Service Revenue
$10,430,442
Investment Income
$-229,852
Other Revenue
$2
All Other Contributions
$440,000
Change in Net Assets
$384,374
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,632,745
Salaries, Compensation, and Employee Benefits$1,623,473
Total Fundraising Expense$60,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$8,515,777--$8,515,777
Other Salaries and Wages$1,125,366$292,008-$1,417,374
Other Employee Benefits$65,448$10,966-$76,414
Payroll Taxes$56,280$17,795-$74,075
Fees for Services Lobbying--$60,000$60,000
Pension Plan Contributions$45,121$10,489-$55,610
Office Expenses$33,961$1,369-$35,330
Fees for Service Investment Mgmnt Fees-$10,583-$10,583
Travel$1,683$2,920-$4,603
Fees for Services Accounting-$2,678-$2,678
Information Technology$2,198--$2,198
Insurance-$1,490-$1,490
Fees for Services Legal-$86-$86
Total Functional Expenses$9,845,834$350,384$60,000$10,256,218
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The sole member of homeownership preservaon foundaon (hpf) is greenpath, inc.

Form 990, Part VI, Section A, Line 7A

Homeownership preservation foundation (hpf) is a sole member structure, where the sole member of hpf is involved in significant governance and financial decisions including the final authority over the composition of the board of directors of hpf.

Form 990, Part VI, Section A, Line 7B

Homeownership preservation foundation (hpf) is a sole member structure, where the sole member of hpf is involved in significant governance and financial decisions including the final authority over the composition of the board of directors of hpf.

Form 990, Part VI, Section B, Line 11B

Management e-mails a draft copy to all board of director members, and feedback is sought from the board of director members prior to filing the 990 return.

Form 990, Part VI, Section B, Line 12C

Homeownership preservation foundation requires officers, directors and key employees to complete a conflict of interest disclosure form annually. This form asks for any material interests or affiliation which are, or are likely to become, conflicts of interest. Potential conflict circumstances which arise during the course of the year are required to be reported to the board of directors. Board members must excuse themselves from discussion about or voting on any transactions in which they may have a conflict of interest.

Form 990, Part VI, Section B, Line 15

The board relies on an independent, third party compensation consultant to collect comparability data, assess market trends and make recommendations on the ceo's compensation package. The sample of comparable organizations is composed of organizations from which homeownership preservation foundation might recruit a future ceo or which might have an interest in trying to recruit homeownership preservation foundation's ceo and which additionally are located in labor markets where homeownership preservation foundation has significant presence. Specific degree of comparability is based on a) gross receipts and b) total assets. The board approval of the president/ceo's compensation is documented in the board minutes.

Form 990, Part VI, Section C, Line 19

Homeownership preservation foundation's 990 is available at www.guidestar.org or upon request. The annual report, governing documents, conflict of interest policy and financial statements are also available upon request.

Filing and Contact Details

Filer

Filer Name
Homeownership Preservation Foundation
EIN
52-2403507
Phone
2485535400
Address
36500 CORPORATE DRIVE, FARMINGTON HILLS, MI 48331

Signing Officer

Name
Richard T Hollis
Title
CFO
Phone
2485535400
Signed
2023-07-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristen Holt
Formed
2003
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
11

Preparer

Firm
Cliftonlarsonallen Llp
Address
ONE SEAGATE SUITE 2650, TOLEDO, OH 43604
Preparer
Douglas S Sosko
Phone
4192443711
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Discount on treasury note 15,398.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. The organization determined it was not required to record a liability related to uncertain tax positions

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11504816
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt12274276
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13352175
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14321561
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15178991
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt16183316
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17158344
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR (LEFT 11/2022)
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF INFORMATION OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15SVP - BUSINESS DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF STAKEHOLDER ENGAGEMENT & CCO
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR OF COMPLIANCE AND
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-334955
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt059269
IRS990/GrossReceiptsAmt011034816
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt010
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt02198
IRS990/InformationTechnologyGrp/TotalAmt02198
IRS990/InsuranceGrp/ManagementAndGeneralAmt01490
IRS990/InsuranceGrp/TotalAmt01490
IRS990/InvestmentIncomeGrp/ExclusionAmt0105103
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0105103
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt07737066
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06572957
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03492946
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt03492946
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0394224
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDES EDUCATION AND COUNSELING TO FINANCIALLY DISTRESSED HOMEOWNERS TO PRESERVE AND PROMOTE HOMEOWNERSHIP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt08307038
IRS990/NetAssetsOrFundBalancesEOYAmt07774798
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-334955
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-334955
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-932012
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08307038
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07774798
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01369
IRS990/OfficeExpensesGrp/ProgramServicesAmt033961
IRS990/OfficeExpensesGrp/TotalAmt035330
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt015398
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010966
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt065448
IRS990/OtherEmployeeBenefitsGrp/TotalAmt076414
IRS990/OtherExpensesGrp/Desc0DIRECT PROGRAM EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt08515777
IRS990/OtherExpensesGrp/TotalAmt08515777
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt02
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02
IRS990/OtherRevenueTotalAmt02
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0292008
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01125366
IRS990/OtherSalariesAndWagesGrp/TotalAmt01417374
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017795
IRS990/PayrollTaxesGrp/ProgramServicesAmt056280
IRS990/PayrollTaxesGrp/TotalAmt074075
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010489
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt045121
IRS990/PensionPlanContributionsGrp/TotalAmt055610
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06430
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06376
IRS990/PrincipalOfficerNm0KRISTEN HOLT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541990
IRS990/ProgramServiceRevenueGrp/BusinessCd1541990
IRS990/ProgramServiceRevenueGrp/Desc0COUNSELING FEES
IRS990/ProgramServiceRevenueGrp/Desc1DISREGARDED LLC PROF SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010097274
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1333168
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010097274
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1333168
IRS990/ProgSrvcAccomActy2Grp/Desc0GENERAL COUNSELING: HPF PROVIDES COMPREHENSIVE HOMEOWNER EDUCATION AND CONFIDENTIAL FORECLOSURE PREVENTION COUNSELING AT NO COST TO HOMEOWNERS THROUGH THE HOMEOWNER'S HOPE HOTLINE. CERTIFIED HOUSING COUNSELORS, THROUGH AFFILIATED HUD-APPROVED NONPROFIT AGENCIES, SERVE THE HOMEOWNER'S HOPE HOTLINE. THE HOTLINE IS AVAILABLE 24X7 AND OFFERS EXTENDED LIVE OPERATOR HOURS M-TH 8-10 PM EST, F 8-8 PM EST AND SATURDAY 9-6 PM EST WITH CALLBACK SERVICE AVAILABLE OUTSIDE OF LIVE OPERATING HOURS. THE HOMEOWNER'S HOPE HOTLINE HAS RECEIVED MORE THAN NINE MILLION CALLS AND HAS COUNSELED OVER TWO MILLION HOMEOWNERS SINCE 2007. THE HOTLINE HANDLED MORE THAN 68,000 CALLS FROM CLIENTS IN 2022. HPF CLIENTS RECEIVE ONE-ON-ONE COUNSELING AND EDUCATION FOCUSED ON THEIR UNIQUE FINANCIAL CIRCUMSTANCES AND THEIR HOUSING GOALS. CALLERS ARE BETTER EQUIPPED AND CONFIDENT TO MAKE SOUND FINANCIAL DECISIONS AFTER PARTICIPATING IN HOUSING COUNSELING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01357740
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01438057
IRS990/ProgSrvcAccomActy3Grp/Desc0POST MODIFICATION PROGRAM: THE HPF MODEL FOR POST MODIFICATION COACHING DELIVERS A SCALABLE / NATIONWIDE DELIVERY MECHANISM THAT HAS THE CAPABILITY TO PROVIDE A HOLISTIC APPROACH COVERING A HOMEOWNER'S ENTIRE FINANCIAL SITUATION THROUGH HIGH-TOUCH COACHING AND EDUCATION. HPF WORKS TO HELP HOMEOWNERS IMPROVE THEIR FINANCIAL CAPABILITIES, ENABLING THEM TO SUCCESSFULLY SUPPORT THEIR MORTGAGE AND OTHER OBLIGATIONS. THE COACHING OCCURS OVER SEVERAL MONTHS AND IS COMPRISED OF TWO TO FOUR SESSIONS DEPENDING ON THE LOAN TYPE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0595675
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0631010
IRS990/ProgSrvcAccomActyOtherGrp/Desc0FORBEARANCE OUTREACH: HPF'S SUCCESSFUL POST-MODIFICATION FINANCIAL COACHING PROGRAMS EXTENDED ITS SERVICE TO SUPPORT BORROWERS FACING DIFFICULTY CONNECTING WITH THEIR SERVICER TO DISCUSS FORBEARANCE EXIT SOLUTIONS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1OTHER: IFS SUPPORTS AN INNOVATIVE HELP LINE FOR OLDER ADULTS AND THOSE WITH DISABILITIES, CONNECTING THEM WITH MUCH NEEDED BENEFITS. THE COST- FREE SERVICE IS PROVIDED DIRECTLY TO CLIENTS AND CAREGIVERS, REVIEWING POTENTIAL ELIGIBILITY FOR ASSISTANCE PROGRAMS THAT CAN HELP PAY FOR HEALTH CARE, MEDICINE, FOOD, UTILITIES, AND MORE. GUIDANCE IS PROVIDED ON PROGRAMS THAT MAY BE AVAILABLE, NEXT STEPS ON APPLICATION AND/OR REFERRAL TO A BENEFITS ENROLLMENT SPECIALISTS. THOUSANDS OF CLIENT CALLS ARE HANDLED EACH YEAR PROVIDING A LIVE VOICE AND SUPPORTIVE EXPERT TO HELP THEM NAVIGATE OPPORTUNITIES TO LESSEN FINANCIAL BURDEN AND IMPROVE QUALITY OF LIFE.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0396787
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt1314082
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0420050
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt1333168
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0631441
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0779941
IRS990/PYOtherExpensesAmt05185760
IRS990/PYOtherRevenueAmt05926
IRS990/PYProgramServiceRevenueAmt06090796
IRS990/PYRevenuesLessExpensesAmt0793617
IRS990/PYSalariesCompEmpBnftPaidAmt01528727
IRS990/PYTotalExpensesAmt06714487
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07508104
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0384374
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07608157
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2018 AMOUNT: $ 180. 2019 AMOUNT: $ 6,595. 2020 AMOUNT: $ 360. 2021 AMOUNT: $ 5,926. 2022 AMOUNT: $ 2.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0440000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0631441
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0676060
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01076019
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01496579
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04320099
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0105103
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0116195
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0212115
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0225167
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0298940
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0957520
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt010430442
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt06090796
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt08092725
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt05858570
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt06331304
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt036803837
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0105103
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0116195
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0212115
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0225167
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0298940
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0957520
IRS990ScheduleA/InvestmentIncomeCYPct00.02270
IRS990ScheduleA/InvestmentIncomePYPct00.02100
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt05926

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