Civic Intelligence

Mission First Housing Development Corporation

990 • Fiscal year 2021 • EIN 27-1824650

Jul 01, 2020 to Jun 30, 2021 • Filed on May 10, 2022

Organization ProfileWWW.MISSIONFIRSTHDC.ORG
1330 New Hampshire Ave NW No 116Washington, DC 20036-6350

(215) 557-8484

Siviq Scores

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

Liabilities / Assets

65th percentile

0.37x

Higher debt load relative to assets than 65% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

82nd percentile

1.26x

Higher debt load relative to revenue than 82% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

94th percentile

75%

Higher net margin than 94% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

66th percentile

$313,238

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

78th percentile

24%

Faster asset growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

92nd percentile

143%

Faster revenue growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$36,635,688

Up $7,147,364 (+24%) from 2020

Net Assets

Up

$23,262,632

Up $7,764,952 (+50%) from 2020

Liabilities

Down

$13,373,056

Down $617,588 (-4.4%) from 2020

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin94th percentile

Revenue

Up

$10,576,557

Up $6,230,531 (+143%) from 2020

Expenses

Up

$2,688,613

Up $177,832 (+7.1%) from 2020

Net Income

Up

$7,887,944

Up $6,052,699 (+330%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

$60M$40M$20M$0-$20MAssets 2011: $307,172Liabilities 2011: $682,603Net Assets 2011: -$375,4312011Assets 2012: $1,044,372Liabilities 2012: $1,382,578Net Assets 2012: -$338,2062012Assets 2013: $3,708,983Liabilities 2013: $1,196,669Net Assets 2013: $2,512,3142013Assets 2014: $5,897,145Liabilities 2014: $2,611,724Net Assets 2014: $3,285,4212014Assets 2015: $8,200,535Liabilities 2015: $4,416,374Net Assets 2015: $3,784,1612015Assets 2016: $9,588,560Liabilities 2016: $6,219,187Net Assets 2016: $3,369,3732016Assets 2017: $12,688,465Liabilities 2017: $7,859,955Net Assets 2017: $4,828,5102017Assets 2018: $23,665,397Liabilities 2018: $14,907,568Net Assets 2018: $8,757,8292018Assets 2020: $29,488,324Liabilities 2020: $13,990,644Net Assets 2020: $15,497,6802020Assets 2021: $36,635,688Liabilities 2021: $13,373,056Net Assets 2021: $23,262,6322021Assets 2022: $39,296,357Liabilities 2022: $12,630,547Net Assets 2022: $26,665,8102022Assets 2023: $52,975,449Liabilities 2023: $12,964,478Net Assets 2023: $40,010,9712023Assets 2024: $58,312,816Liabilities 2024: $12,228,508Net Assets 2024: $46,084,3082024

Highlighted filing

2021

Assets$36,635,688
Liabilities$13,373,056
Net Assets$23,262,632
Open 2021 Filing

Operations Trend

Revenue Growth92nd percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $581,8082011Expenses 2012: $906,5382012Expenses 2013: $1,031,6652013Revenue 2014: $3,056,551Expenses 2014: $2,283,444Net Income 2014: $773,1072014Revenue 2015: $3,104,791Expenses 2015: $2,606,051Net Income 2015: $498,7402015Revenue 2016: $2,894,486Expenses 2016: $3,309,274Net Income 2016: -$414,7882016Revenue 2017: $3,781,862Expenses 2017: $2,718,360Net Income 2017: $1,063,5022017Revenue 2018: $8,050,070Expenses 2018: $4,120,751Net Income 2018: $3,929,3192018Revenue 2020: $4,346,026Expenses 2020: $2,510,781Net Income 2020: $1,835,2452020Revenue 2021: $10,576,557Expenses 2021: $2,688,613Net Income 2021: $7,887,9442021Revenue 2022: $6,447,258Expenses 2022: $2,601,512Net Income 2022: $3,845,7462022Revenue 2023: $9,940,669Expenses 2023: $2,499,790Net Income 2023: $7,440,8792023Revenue 2024: $9,698,067Expenses 2024: $3,733,898Net Income 2024: $5,964,1692024

Highlighted filing

2021

Revenue$10,576,557
Expenses$2,688,613
Net Income$7,887,944
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 10, 2022
Return Version
2020v4.2
Gross Receipts
$10,576,557
Mission and Program Overview

Mission

Mfhdc is a not-for-profit organization established for the purpose of developing affordable, safe and sustainable housing for people in need with a focus on the vulnerable. Development includes acquisition, rehabilitation, preservation and new construction across the mid-atlantic region.

Mfhdc develops affordable, safe and sustainable housing in the mid-atlantic region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$13,885,891$16,171,799▲ $2,285,908
Other Notes and Loans Receivable, Net$8,810,291$11,334,632▲ $2,524,341
Savings and Temporary Cash Investments$465,131$402,142▼ $62,989
Investments Other Securities$97,202$133,668▲ $36,466
Prepaid Expenses and Deferred Charges$0$586▲ $586
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$29,488,324$36,635,688▲ $7,147,364
Other Assets Total$6,229,809$8,592,861▲ $2,363,052
Liabilities
Other Liabilities$11,610,351$11,178,372▼ $431,979
Mortgage Notes Payable Secured by Investment Property$1,663,038$1,778,760▲ $115,722
Accounts Payable and Accrued Expenses$717,255$415,924▼ $301,331
Total Liabilities$13,990,644$13,373,056▼ $617,588
Net Assets / Fund Balance
Net Assets With Donor Restrictions$8,368,163$13,149,042▲ $4,780,879
Net Assets Without Donor Restrictions$7,129,517$10,113,590▲ $2,984,073
Total Net Assets Fund Balance$15,497,680$23,262,632▲ $7,764,952
Total Liabilities and Net Assets / Fund Balance$29,488,324$36,635,688▲ $7,147,364

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$22,903$22,903
Equipment$0$16,515$16,515
Other Assets Org$306,000--
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sarah ConstantManaging DirectorFT$231,326$26,337$257,663
Elizabeth Askew EverhartSenior Development ManagerFT$155,285$6,909$162,194

Board Members and Trustees

NameTitle
Michael DavidsonChair
Alfredo De La PenaPresident & CEO
Russel JohnsonVice Chair
Gina MuldrowBoard Member
Harry G DittmannBoard Member
James KilcoyneBoard Member
Joel LawsonBoard Member
Marva WilliamsBoard Member
Mary WalkerBoard Member
Robert KwaitAssistant Secretary, VP
Cecilia LooseAssistant Treasurer, VP
Michael SimmonsSecretary
Mark DuffyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,954,843
Program Service Revenue
$5,313,403
Investment Income
$308,311
Other Revenue
$0
All Other Contributions
$154,843
Change in Net Assets
$7,887,944
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,909,022
Other Expenses$779,591
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,028,660$281,844-$1,310,504
Current Officers, Directors, Trustees, and Key Employees$202,249$55,414-$257,663
Other Employee Benefits$148,039$41,534-$189,573
Interest$119,522--$119,522
Payroll Taxes$78,771$35,098-$113,869
Occupancy$69,366--$69,366
Fees for Services Accounting-$50,751-$50,751
Pension Plan Contributions$29,563$7,850-$37,413
Other Expenses$29,336$12,214-$29,336
All Other Expenses-$21,450-$21,450
Office Expenses-$18,281-$18,281
Fees for Services Legal-$13,105-$13,105
Conferences and Meetings-$1,127-$1,127
Travel-$1,005-$1,005
Total Functional Expenses$2,001,155$687,458$0$2,688,613
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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliated Entities$9,292,571
Developer Fees Payable$1,719,479
Guarantee Liability$122,992
Interest Payable$43,330
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The sole member of the organization is mission first housing group, inc.”

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

“Mission first housing group, inc. As the sole member, elects the board of directors.”

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

“The review of the 990 is overseen by operating management and the board of directors.”

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

“Monitoring and enforcing compliance annual disclosure statements are reviewed.”

Form 990, Part VI, Section B, Line 15

“The organization's policy is that the ceo, is formally reviewed by the board of directors on an annual basis. At this time, they also discuss salary and benefits for the coming year. The ceo then reviews all directors on an annual basis. The organization provides written job descriptions. During the review process, there is a formal review form which is signed by all parties. Salary and benefits are decided by industry comparability. The organization engages a consultant to review upper level management positions in terms of salary as compared to like/similar positions in the market to determine fair and equitable compensation packages.”

Form 990, Part VI, Section C, Line 19

“The organization provides its governing documents, conflict of interest policy, and financial statements available to the public upon request in either paper hardcopies or electronic copies. In addition, the organization submits its information to online sites such as guidestar and dun & bradstreet.”

Filing and Contact Details

Filer

Filer Name
Mission First Housing Development
EIN
27-1824650
Phone
2155578484
Address
1330 NEW HAMPSHIRE AVE NW NO 116, WASHINGTON, DC 20036-6350

Signing Officer

Name
Mark Deitcher
Title
Acting CFO
Phone
2155578484
Signed
2022-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chip Darling
Formed
2010
Legal Domicile
Dc
Voting Board Members
10
Independent Board Members
10
Employees
7
Volunteers
10

Preparer

Firm
Mckonly & Asbury Llp
Address
415 FALLOWFIELD ROAD, CAMP HILL, PA 17011
Preparer
Gary J Dubas
Phone
7177617910
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Amortization of guarantee liabilities, net -122,992.”

Form 990, Part XII, Line 2C

“No change from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The corporation adheres to the provisions of asc 740, income taxes (asc 740). Asc 740 establishes rules for recognizing and measuring tax positions taken in an income tax return, including disclosures of uncertain tax positions (utps). Asc 740 mandates that companies evaluate all material income tax positions for periods that remain open under applicable statutes of limitation, as well as positions expected to be taken in future returns. The utp rules then impose a recognition threshold on each tax position. An organization can recognize an income tax benefit only if the position has a "more likely than not" (i.e., more than 50 percent) chance of being sustained on the technical merits. For the years ended june 30, 2021 and 2020, the corporation has taken no material tax positions on its applicable tax filings that do not meet the "more likely than not" threshold. As a result, no amount for utps has been included in the consolidated financial statements. Management believes it is not subject to income tax examinations for years prior to 2018.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2ASSISTANT SECRETARY, VP
IRS990/Form990PartVIISectionAGrp/TitleTxt3ASSISTANT TREASURER, VP
IRS990/Form990PartVIISectionAGrp/TitleTxt4SENIOR DEVELOPMENT MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt04800000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt010576557
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ProgramServicesAmt0119522
IRS990/InterestGrp/TotalAmt0119522
IRS990/InvestmentIncomeGrp/ExclusionAmt0308311
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0308311
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt097202
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0133668
IRS990/IRPDocumentCnt023
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt039418
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt039418
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MFHDC IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED FOR THE PURPOSE OF DEVELOPING AFFORDABLE, SAFE AND SUSTAINABLE HOUSING FOR PEOPLE IN NEED WITH A FOCUS ON THE VULNERABLE. DEVELOPMENT INCLUDES ACQUISITION, REHABILITATION, PRESERVATION AND NEW CONSTRUCTION ACROSS THE MID-ATLANTIC REGION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01663038
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01778760
IRS990/NetAssetsOrFundBalancesBOYAmt015497680
IRS990/NetAssetsOrFundBalancesEOYAmt023262632
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt07129517
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010113590
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt069366
IRS990/OccupancyGrp/TotalAmt069366
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt018281
IRS990/OfficeExpensesGrp/TotalAmt018281
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06229809
IRS990/OtherAssetsTotalGrp/EOYAmt08592861
IRS990/OtherChangesInNetAssetsAmt0-122992
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt041534
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0148039
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0189573
IRS990/OtherExpensesGrp/Desc0DEVELOPMENT EXPENSES
IRS990/OtherExpensesGrp/Desc1ADMIN. EXPENSES
IRS990/OtherExpensesGrp/Desc2OTHER
IRS990/OtherExpensesGrp/Desc3SUPPORT SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0147785
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112214
IRS990/OtherExpensesGrp/ProgramServicesAmt0188590
IRS990/OtherExpensesGrp/ProgramServicesAmt1107059
IRS990/OtherExpensesGrp/ProgramServicesAmt229336
IRS990/OtherExpensesGrp/TotalAmt0188590
IRS990/OtherExpensesGrp/TotalAmt1147785
IRS990/OtherExpensesGrp/TotalAmt2119273
IRS990/OtherExpensesGrp/TotalAmt329336
IRS990/OtherLiabilitiesGrp/BOYAmt011610351
IRS990/OtherLiabilitiesGrp/EOYAmt011178372
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0281844
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01028660
IRS990/OtherSalariesAndWagesGrp/TotalAmt01310504
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt08810291
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt011334632
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt035098
IRS990/PayrollTaxesGrp/ProgramServicesAmt078771
IRS990/PayrollTaxesGrp/TotalAmt0113869
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt07850
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt029563
IRS990/PensionPlanContributionsGrp/TotalAmt037413
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0586
IRS990/PrincipalOfficerNm0CHIP DARLING
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0DEV. & CONSTRUCTION SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1REAL ESTATE SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05305349
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18054
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05305349
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18054
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02890932
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0349041
IRS990/PYOtherExpensesAmt0614057
IRS990/PYOtherRevenueAmt02667
IRS990/PYProgramServiceRevenueAmt01103386
IRS990/PYRevenuesLessExpensesAmt01835245
IRS990/PYSalariesCompEmpBnftPaidAmt01896724
IRS990/PYTotalExpensesAmt02510781
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04346026
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt07887944
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05313403
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0465131
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0402142
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0232536730
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt01260 HOUSING DEVELOPMENT CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016515
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016515
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01757195
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11284886
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt24506307
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3725956
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt412517
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5306000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATED AND RELATED ENTITIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PREDEVELOPMENT COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESTRICTED DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3INTEREST RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4SUPPORTIVE SERVICE RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5INVESTOR SERVICE RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt022903
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022903
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09292571
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11719479
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt243330
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3122992

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$36,635,688
Liabilities
$13,373,056
Net assets
$23,262,632
Revenue
$10,576,557
Expenses
$2,688,613
Net income
$7,887,944
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$58.3$12.2$46.1$9.70$3.73$5.96
2023Detailed filing. Detailed filing data is available for this year.$53.0$13.0$40.0$9.94$2.50$7.44
2022Detailed filing. Detailed filing data is available for this year.$39.3$12.6$26.7$6.45$2.60$3.85
2021Detailed filing. Detailed filing data is available for this year.$36.6$13.4$23.3$10.6$2.69$7.89
2020Detailed filing. Detailed filing data is available for this year.$29.5$14.0$15.5$4.35$2.51$1.84
2018Detailed filing. Detailed filing data is available for this year.$23.7$14.9$8.76$8.05$4.12$3.93
2017Detailed filing. Detailed filing data is available for this year.$12.7$7.86$4.83$3.78$2.72$1.06
2016Detailed filing. Detailed filing data is available for this year.$9.59$6.22$3.37$2.89$3.31$0.41
2015Detailed filing. Detailed filing data is available for this year.$8.20$4.42$3.78$3.10$2.61$0.50
2014Detailed filing. Detailed filing data is available for this year.$5.90$2.61$3.29$3.06$2.28$0.77
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.71$1.20$2.51$1.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$1.38$0.34$0.91
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.68$0.38$0.58