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HDC'S MISSION IS TO MANAGE AND DEVELOP QUALITY AFFORDABLE HOUSING.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$15.6M
Program Spending
87%
of total expenses go to program services
Total Contributions
$3.5M
Total Expenses
▼$13.4M
Total Assets
$31.7M
Total Liabilities
▼$11.5M
Net Assets
$20.2M
Officer Compensation
→N/A
Other Salaries
$10.3M
Investment Income
$603.3K
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$2M
Awards Found
1
Department of Housing and Urban Development
$2M
PURPOSE: ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING/CONGRESSIONAL DIRECTED SPENDING AWARDS ARE AUTHORIZED UNDER THE CONSOLIDATED APPROPRIATIONS ACT, 2022 PUBLIC LAW 117-328 AND THE EXPLANATORY STATEMENT FOR DIVISION L OF THAT ACT. PROJECTS SELECTED FOR COMMUNITY PROJECT FUNDING/CONGRESSIONAL DIRECTED SPENDING ARE LISTED IN THE JOINT EXPLANATORY STATEMENT (JES) THAT ACCOMPANIES A SPECIFIC FISCAL YEAR’S APPROPRIATIONS ACT OR CONGRESSIONAL RECORD. THE JES LISTS PROJECT, RECIPIENT, STATE, AMOUNT AND CONGRESSIONAL SPONSOR.; ACTIVITIES TO BE PERFORMED: ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING/CONGRESSIONALLY DIRECTED SPENDING AWARD PROJECTS INCLUDE A WIDE VARIETY OF ACTIVITIES THAT RESULT IN ECONOMIC DEVELOPMENT OR COMMUNITY DEVELOPMENT OUTCOMES. HUD WILL NOT KNOW THE FULL SCOPE OF THE PROJECT UNTIL THE RECIPIENT SUBMITS THE REQUIRED PROJECT NARRATIVE AND CONFIRMS ALIGNMENT WITH THE LANGUAGE AS PROVIDED IN THE CONGRESSIONAL RECORD. TO FIND THE DETAILS OF THE GRANT AWARD AS WRITTEN WITHIN THE CONGRESSIONAL RECORD USE THE FOLLOWING LINK AND PATH SELECTIONS TO GET TO THE DESCRIPTION OF THE ECONOMIC DEVELOPMENT INITIATIVE, COMMUNITY PROJECT FUNDING GRANTS HTTPS://WWW.HUD.GOV/PROGRAM_OFFICES/COMM_PLANNING/EDI-GRANTS, SELECT THE FISCAL YEAR OF INTEREST, SCROLL DOWN TO PROGRAM LAWS AND REGULATIONS, UNDER FISCAL YEAR 20XX CONSOLIDATED APPROPRIATIONS ACT, 20XX: CONGRESSIONAL RECORD (JOINT EXPLANATORY STATEMENT).; EXPECTED OUTCOMES: COMPLETION OF THE PROJECT AS DESCRIBED IN THE JOINT EXPLANATORY STATEMENT (JES) PROJECT DESCRIPTION AND SUBSEQUENT APPROVED PROJECT NARRATIVE.; INTENDED BENEFICIARIES: THE PROJECT BENEFICIARIES ARE THE INDIVIDUALS AND/OR ORGANIZATIONS THAT ARE AWARDED GRANT FUNDS OR SERVED BY THE ENTITIES THAT ARE AWARDED GRANT FUNDS AS IDENTIFIED IN THE JES RECIPIENT OR PROJECT DESCRIPTION SECTIONS.; SUBRECIPIENT ACTIVITIES: THE SUBRECIPIENT ACTIVITIES ARE UNKNOWN AT THE TIME OF AWARD.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
3
Clean Audits
3
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $4M | No | 2026-07-14 |
| 2024 | Clean | Unmodified (Clean) | $1.3M | No | 2025-06-27 |
| 2021 | Clean | Unmodified (Clean) | $995K | No | 2022-06-21 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$995K
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $15.6M | $3.5M | $13.4M | $31.7M | $20.2M |
| 2023IRS e-File | $15.9M | $4.5M | $13.4M | $27.2M | $17.9M |
| 2022 | $11.4M | $997.9K | $11.2M | $24.7M | $16.6M |
| 2021 | $11.9M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Dana Hanchin | President/ceo | 40 | $280.5K | $0 | $8,307 | $288.8K |
| Sharlene Woodruff | CFO | 40 | $175.3K | $0 | $11.5K | $186.8K |
| Claude Hicks | SVP Of Real Estate Develop (thru 4/24) | 40 | $127K | $0 | $2,525 | $129.5K |
| Karen Shenk | Treasurer & Secretary | 0.5 | $0 | $0 | $0 | $0 |
| Angela Steele | Vice Chair | 0.5 | $0 | $0 | $0 | $0 |
| Daniel Sansary | Chairman | 0.5 | $0 | $0 | $0 | $0 |
Dana Hanchin
President/ceo
$288.8K
Hrs/Wk
40
Compensation
$280.5K
Related Orgs
$0
Other
$8,307
Sharlene Woodruff
CFO
$186.8K
Hrs/Wk
40
Compensation
$175.3K
Related Orgs
$0
Other
$11.5K
Claude Hicks
SVP Of Real Estate Develop (thru 4/24)
$129.5K
Hrs/Wk
40
Compensation
$127K
Related Orgs
$0
Other
$2,525
Karen Shenk
Treasurer & Secretary
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Angela Steele
Vice Chair
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Daniel Sansary
Chairman
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Tammie Fitzpatrick | COO | 40 | $169.8K | $0 | $11.8K | $181.6K |
| Deborah Gable | V.p Resident Services | 40 | $141.8K | $0 | $10.1K | $151.9K |
Tammie Fitzpatrick
COO
$181.6K
Hrs/Wk
40
Compensation
$169.8K
Related Orgs
$0
Other
$11.8K
Deborah Gable
V.p Resident Services
$151.9K
Hrs/Wk
40
Compensation
$141.8K
Related Orgs
$0
Other
$10.1K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Aareon Aharley-Emerson | Board Member | 0.5 | $0 | $0 | $0 | $0 |
| Bradley Peters | Board Member | 0.5 | $0 | $0 | $0 | $0 |
| Brooke Baker | Board Member | 0.5 | $0 | $0 | $0 | $0 |
| Diane Elliot | Board Member | 0.5 | $0 | $0 | $0 | $0 |
| Edwin Martinez Feliciano | Board Member | 0.5 | $0 | $0 | $0 | $0 |
| Lisa Riggs | Board Member |
Aareon Aharley-Emerson
Board Member
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Bradley Peters
Board Member
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Brooke Baker
Board Member
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
| $2M |
| $11.3M |
| $24.9M |
| $16.5M |
| 2020 | $10.5M | $925.2K | $10.7M | $21.8M | $15.9M |
| 2019 | $10.8M | $635.2K | $10.5M | $21.2M | $13.7M |
| 2018 | $11M | $502.9K | $10.3M | $21M | $13.5M |
| 2017 | $9.5M | $448.8K | $9.6M | $19.8M | $12.3M |
| 2016 | $9.7M | $233.6K | $8.9M | $17.2M | $12.3M |
| 2015 | $10.4M | $73.3K | $8.5M | $15.9M | $10.9M |
| 2014 | $8.3M | $249.2K | $7.6M | $16.3M | $8.7M |
| 2013 | $8M | $330.7K | $7.4M | $13M | $7.8M |
| 2012 | $7.6M | $194.5K | $6.5M | $8.9M | $6.9M |
| 2011 | $6.5M | $163K | $6.1M | $7.9M | $5.9M |
PDF not yet published by IRSView Filing → |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data | PDF not yet published by IRS |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 0.5 |
| $0 |
| $0 |
| $0 |
| $0 |
| Loaidia Rodriquez | Board Member | 0.5 | $0 | $0 | $0 | $0 |
| Michel Gibeault | Board Member | 0.5 | $0 | $0 | $0 | $0 |
| Rene Sanchez | Board Member | 0.5 | $0 | $0 | $0 | $0 |
| Tyrone Miller | Board Member | 0.5 | $0 | $0 | $0 | $0 |
Diane Elliot
Board Member
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Edwin Martinez Feliciano
Board Member
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Lisa Riggs
Board Member
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Loaidia Rodriquez
Board Member
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Michel Gibeault
Board Member
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Rene Sanchez
Board Member
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Tyrone Miller
Board Member
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0