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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$21.1M
Program Spending
83%
of total expenses go to program services
Total Contributions
$11M
Total Expenses
▼$24.1M
Total Assets
$88.3M
Total Liabilities
▼$18.2M
Net Assets
$70.1M
Officer Compensation
→$1M
Other Salaries
$6.5M
Investment Income
$1.8M
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
1
Clean Audits
1
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2023 | Clean | Unmodified (Clean) | $750.4K | No | 2024-07-26 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$750.4K
Tax Year 2024 · Source: IRS e-Filed Form 990
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 | $21.1M | $11M | $24.1M | $88.3M | $70.1M |
| 2023 | $21.9M | $11.1M | $24.3M | $91M | $73.2M |
| 2022 | $35.8M | $23.8M | $23.6M | $92.6M | $74.7M |
| 2021 | $20.3M | $9.8M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
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 |
|---|
| Roselyn Merrick | President & CEO | 45 | $280.1K | $0 | $42.7K | $322.8K |
| Joseph Lessard | Executive VP & CFO | 45 | $245.1K | $0 | $44.2K | $289.2K |
| Alan Ferguson | President & CEO | 45 | $170K | $0 | $17.7K | $187.8K |
| John Goff | Chair | 2 | $0 | $0 | $0 | $0 |
| Cecilia Bailey | Treasurer And Finance Committee Chair | 2 | $0 | $0 | $0 | $0 |
| Michael Hibbison | Secretary | 2 | $0 | $0 | $0 | $0 |
Roselyn Merrick
President & CEO
$322.8K
Hrs/Wk
45
Compensation
$280.1K
Related Orgs
$0
Other
$42.7K
Joseph Lessard
Executive VP & CFO
$289.2K
Hrs/Wk
45
Compensation
$245.1K
Related Orgs
$0
Other
$44.2K
Alan Ferguson
President & CEO
$187.8K
Hrs/Wk
45
Compensation
$170K
Related Orgs
$0
Other
$17.7K
John Goff
Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Cecilia Bailey
Treasurer And Finance Committee Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Michael Hibbison
Secretary
$0
Hrs/Wk
2
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 |
|---|---|---|---|---|---|---|
| Candice Jordan | Chief Development Officer | 45 | $222K | $0 | $23.9K | $245.8K |
| Kayla Osoria | Hr Senior Director | 40 | $143.4K | $0 | $14.8K | $158.2K |
| James Blackstone | Senior VP Of Housing & Operations | 45 | $147.7K | $0 | $4,456 | $152.2K |
| Andrew Gurvey | Legal Counsel & Real Estate Director | 40 | $119.1K | $0 | $11.5K | $130.6K |
| Melissa Klein | VP Of Homeowner Services | 40 | $101.6K | $0 | $22K | $123.5K |
Candice Jordan
Chief Development Officer
$245.8K
Hrs/Wk
45
Compensation
$222K
Related Orgs
$0
Other
$23.9K
Kayla Osoria
Hr Senior Director
$158.2K
Hrs/Wk
40
Compensation
$143.4K
Related Orgs
$0
Other
$14.8K
James Blackstone
Senior VP Of Housing & Operations
$152.2K
Hrs/Wk
45
Compensation
$147.7K
Related Orgs
$0
Other
$4,456
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Althea Broughton | Director | 2 | $0 | $0 | $0 | $0 |
| Amber Murray | Director | 2 | $0 | $0 | $0 | $0 |
| Andy Konieczka | Director | 2 | $0 | $0 | $0 | $0 |
| Catherine Dixon | Resource Development Committee Co-chair | 2 | $0 | $0 | $0 | $0 |
| Christopher Goode | Director | 2 | $0 | $0 | $0 | $0 |
| Courtney Showell Sr | Director |
Althea Broughton
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Amber Murray
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Andy Konieczka
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
| $22.8M |
| $81.6M |
| $63M |
| 2020 | $23.4M | $19.2M | $10.8M | $86M | $65.4M |
| 2019 | $18.3M | $9.3M | $21.5M | $83.7M | $52.5M |
| 2018 | $17.5M | $9.4M | $15.8M | $76.5M | $55.3M |
| 2017 | $16.4M | $8.9M | $15.8M | $73.4M | $54.9M |
| 2016 | $13.9M | $7.7M | $13M | $71M | $53.8M |
| 2015 | $15.6M | $7.4M | $13.6M | $69.1M | $52.7M |
| 2014 | $16M | $8.6M | $14.3M | $67.1M | $50.7M |
| 2013 | $16.6M | $9M | $18.5M | $65.7M | $49M |
| 2012 | $19.1M | $11.7M | $15.5M | $67.7M | $50.9M |
| 2011 | $13.4M | $6.5M | $12.6M | $54.7M | $47.4M |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 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 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
Andrew Gurvey
Legal Counsel & Real Estate Director
$130.6K
Hrs/Wk
40
Compensation
$119.1K
Related Orgs
$0
Other
$11.5K
Melissa Klein
VP Of Homeowner Services
$123.5K
Hrs/Wk
40
Compensation
$101.6K
Related Orgs
$0
Other
$22K
| 2 |
| $0 |
| $0 |
| $0 |
| $0 |
| Dewayne King | Director | 2 | $0 | $0 | $0 | $0 |
| Greg Schlicht | Director | 2 | $0 | $0 | $0 | $0 |
| Isabelle Helms | Director | 2 | $0 | $0 | $0 | $0 |
| Jeremy Silverman | Vice-chair And General Counsel | 2 | $0 | $0 | $0 | $0 |
| Keisha Duck | Human Resources Committee Co-chair | 2 | $0 | $0 | $0 | $0 |
| Krystal Barnett | Director | 2 | $0 | $0 | $0 | $0 |
| Lillie Louis-Fils | Director | 2 | $0 | $0 | $0 | $0 |
| Matt Sparks | Director | 2 | $0 | $0 | $0 | $0 |
| R Kirk Rich | Director | 2 | $0 | $0 | $0 | $0 |
| Robert Golden | Resource Development Committee Co-chair | 2 | $0 | $0 | $0 | $0 |
| Stuart Bruening | Director | 2 | $0 | $0 | $0 | $0 |
Catherine Dixon
Resource Development Committee Co-chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Christopher Goode
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Courtney Showell Sr
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Dewayne King
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Greg Schlicht
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Isabelle Helms
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Jeremy Silverman
Vice-chair And General Counsel
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Keisha Duck
Human Resources Committee Co-chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Krystal Barnett
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Lillie Louis-Fils
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Matt Sparks
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
R Kirk Rich
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Robert Golden
Resource Development Committee Co-chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Stuart Bruening
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0