NonprofitsHispanic Housing Development Corp

Hispanic Housing Development Corp

CHICAGO, IL

Total revenue

$15.4M

Total expenses

$12.9M

Net assets

$44.5M

Grants received

$20.1M

40 grants

EIN

362889871

Tax year

2024

Mission

Neighborhood development through affordable housing and other real estate projects.

Programs

1 program

Management of affordable housing developments that are specifically dedicated to the provision of safe and affordable housing for economically disadvantaged and/or minority households. Rental of rehabilitated buildings in economically depressed neighborhoods to various service providers. Restored otherwise blighted buildings to productive use, enhanced the economic development opportunities in the surrounding area and allowed for the provision of a variety of needed social services to the immediate community.

Expenses: $8.2MGrants: $26K

Financials

FY 2024

Revenue

Contributions & grants$736K
Program service revenue$12.1M
Investment income$2.3M
Other revenue$309K
Total revenue$15.4M

Expenses

Grants paid$26K
Salaries & benefits$6.2M
Fundraising$37K
Other expenses$6.7M
Total expenses$12.9M
Total assets$76.4M
Net assets$44.5M

People

16 listed

NameRoleCompensation

LAURA SELBY

COO

Board

$768K

38 hrs/wk

HIPOLITO ROLDAN

PRESIDENT THRU 08/24

Board

$429K

38 hrs/wk

TONY HERNANDEZ

PRESIDENT AS OF 08/24

Board

$152K

38 hrs/wk

TERRENCE YOUNG

DIRECTOR

Board

0.2 hrs/wk

ROSA Y ORTIZ

DIRECTOR

Board

0.2 hrs/wk

LARITZA LOPEZ

DIRECTOR

Board

0.2 hrs/wk

CHUCK FREIHEIT

DIRECTOR

Board

0.2 hrs/wk

SOL FLORES

SECRETARY

Board

0.2 hrs/wk

RICHARD FIGUEROA

TREASURER

Board

0.2 hrs/wk

HENRY MENDOZA

VICE CHAIRMAN

Board

0.2 hrs/wk

PAUL SLADE

CHAIRMAN

Board

0.2 hrs/wk

STEPHEN PORRAS

VICE-PRESIDENT

Staff

$183K

38 hrs/wk

JAVIER CONSTANTINO

TROPIC COO

Staff

$151K

38 hrs/wk

SHERI TUCKER

VICE-PRESIDENT

Staff

$144K

38 hrs/wk

JANAY HAYES-MOHAMED

VICE-PRESIDENT

Staff

$139K

38 hrs/wk

MARITZA HERNANDEZ

CONTROLLER

Staff

$118K

38 hrs/wk

Independent contractors

CONNECT SEARCH LLC

TEMPORARY HELP AGENCY

$494K

PATH CONSTRUCTION

CONSTRUCTION SERVICES

$181K

ERB ARQUITECTOS

ARCHITECT SERVICES

$126K

URBAN WORKS

ARCHITECT SERVICES

$118K

KOYA LEADERSHIP

EXECUTIVE SEARCH AGENCY

$101K

Grants received

Showing 40 of 40

FromAmountPurposeYear
$153K
TO HELP CREATE AFFORDABLE HOUSING
2024
$44K
Distribute to the Hungry
2024
$36K
Distribute to the Hungry
2024
$34K
Distribute to the Hungry
2024
$34K
Distribute to the Hungry
2024
$23K
Distribute to the Hungry
2024
$21K
PROGRAM SUPPORT
2024
$18K
Distribute to the Hungry
2024
$14K
Distribute to the Hungry
2024
$250K
TO HELP CREATE AFFORDABLE HOUSING
2023
$46K
DISTRIBUTE TO THE HUNGRY
2023
$37K
DISTRIBUTE TO THE HUNGRY
2023
$35K
DISTRIBUTE TO THE HUNGRY
2023
$35K
DISTRIBUTE TO THE HUNGRY
2023
$34K
PROGRAM SUPPORT
2023
$24K
DISTRIBUTE TO THE HUNGRY
2023
$18K
DISTRIBUTE TO THE HUNGRY
2023
$17K
DISTRIBUTE TO THE HUNGRY
2023
$265K
PROGRAM SUPPORT
2022
$193K
PROGRAM SUPPORT, DISTRIBUTION OF EXCESS PROCEEDS FROM MORTGAGE REFINANCE
2022
$4.1M
PROGRAM SUPPORT, DISTRIBUTION OF EXCESS PROCEEDS FROM MORTGAGE REFINANCE
2021
$146K
PROGRAM SUPPORT
2021
$38K
PROGRAM SUPPORT
2021
$6.4M
TO HELP CREATE AFFORDABLE HOUSING
2020
$75K
TO SUPPORT THE HOUSING STABILITY OF HOUSEHOLDS IMPACTED BY COVID-19 THROUGH RESIDENT SERVICES
2020
$26K
PROGRAM SUPPORT
2020
$8K
TO SUPPORT ROLDAN SCHOLARSHIP
2020
$3.5M
PROGRAM SUPPORT (EXCESS FUNDS FROM REFINANCE)
2018
$658K
PROGRAM SUPPORT
2018
$298K
PROGRAM SUPPORT (BAD DEBT RECAPTURE)
2018
$290K
TEMPORARILY RESTRICTED
2018

Funded by

$20.1M from 10 funders · 40 grants · 2017–2024

Las Moradas -Hispanic Elderly Housing

$6.6M · 2 grants · 2020–2023

West Chicago Preservation Corporation

$4.8M · 4 grants · 2018–2022

Armitage Commons Preservation Nfp

$3.5M · 1 grant · 2018

Neighborhood Reinvestment Corporation

$3.3M · 9 grants · 2017–2023

O'fallon Preservation Nfp

$777K · 5 grants · 2018–2024

Greater Chicago Food Depository

$417K · 14 grants · 2023–2024

Woodstock Preservation Corporation

$411K · 2 grants · 2021–2022

Walden Oaks Apartments Preservation

$153K · 1 grant · 2024

Details

EIN362889871
Subsection03
Ruling date1977-02
Formed1975
Employees314
Volunteers9
HISPANIC HOUSING DEVELOPMENT CORP — Mission, Financials & Grants Received | Grantivo