Housing Initiative Partnership, Inc.
Legal name: Hip Services Inc
Nonprofit profile at a glance
- EIN
- 270057510
- IRS 990-EZ coverage
- 2014–2014
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2013, Form 990-EZ 2014
- Location
- Hyattsville, MD, US
- Phone
- 3016995875
- Rating confidence
- Limited
- Sector
- Personal Social Services
Reported finances
- Revenue
- $0
- Expenses
- $579,029
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
10 people listed
People named in this filing
- MEL THOMPSON (CHAIRMAN)
- JAY EDELMAN (VICE CHAIRMAN)
- ARI SCHNITZER (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Housing Initiative Partnership, Inc. (HIP) develops innovative affordable housing, revitalizes neighborhoods, and equips people to achieve their housing and financial goals.
What it reported doing in 2014
Home ownership counseling - the organization provides homebuyer education and counseling, foreclosure prevention education and counseling, and financial education and counseling. In homebuyer education and counseling, the organization's services include eight-hour educational workshops and individual counseling for first-time homebuyers. The foreclosure prevention program works with families who are in danger of losing their homes to develop a budget, evaluate their options, and negotiate with their mortgage servicers for the best possible outcome. The financial education and counseling services (the "bounce back" program) currently target homeowners who have recovered from default. The goal of the program is to strengthen participants' finances so that they can avoid future default and rebuild assets. Counseling services are provided in the hyattsville, germantown and gaithersburg offices.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 76
- Sustainability: 7
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 2nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -37.8% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: -40% per year; rating input score 0; 7th percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site · 6 operating locations identified
- Where the money goes: 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 5 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.