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Lancaster Housing Opportunity Partnership

Lancaster Housing Opportunity Partnership

Lancaster, PA
Tax ID23-2788924

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About this organization

Revenue

$2,216,809

Expenses

$1,622,382

Website

lhop.org

Mission

To cultivate partnerships and resources to increase the availability of quality, fair, and affordable housing for low to moderate income residents.

About

During the fiscal year ending June 30, 2019, the Lancaster Housing Opportunity Partnership (LHOP) delivered 34 home buyer training courses. Approximately 552 potential first time homebuyers completed the four-session, eight-hour course. LHOP provided closing costs loans averaging $5,887 that enabled 71 low and moderate income families to purchase their first home. The total amount of closing cost loans originated was $418,009. LHOP loans are provided interest free with payment deferred until resale.

Interesting data from their 2019 990 filing

The filing sets forth the mission of the non-profit as “To cultivate partnerships and resources to increase the availability of quality, fair, and affordable housing for low to moderate income residents.”.

When detailing its responsibilities, they were listed as: “To cultivate partnerships and resources to increase the availability of quality, fair, and affordable housing for low to moderate income residents.”.

  • The state in which the non-profit is legally permitted to operate is PA.
  • The address of the non-profit for 2019 according to the filing is 123 E KING STREET, LANCASTER, PA, 17602.
  • The number of employees reported by the non-profit on their form as of 2019 is 22.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $594,427.
  • The organization has 17 independent voting members.
  • The organization was formed in 1994.
  • The organization pays $728,689 in salary, compensation, and benefits to its employees.
  • The organization pays $73,609 in fundraising expenses.

Additional Non-Profits in the area

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