NonprofitsHousing Initiative Partnership Inc

Housing & Shelter

Housing Initiative Partnership Inc

HYATTSVILLE, MD

Total revenue

$6.6M

Total expenses

$8.5M

Net assets

$5.1M

Grants received

$1.2M

26 grants

EIN

521596171

Tax year

2023

Mission

Housing initiative partnership, inc. (hip) develops innovative affordable housing, revitalizes neighborhoods and equips people to achieve their housing and financial goals. Hip's vision is that every person lives in high-quality affordable housing in a thriving community.

Programs

3 programs

Resident services - hip's cores-certified resident services program ensures that our apartment communities are more than bricks and mortar that they are also "home and an integral part of the larger neighborhood. Our goal is to improve the quality of life and self-sufficiency of at-risk and low income community residents and to help them sustain housing they can afford. Hip's resident services programs are organized into four areas: (1) housing and family stability, (2) health, wellness, and nutrition, (3) education, job skills, and computer training, and (4) community and civic engagement. Hip's resident service coordinators are available in-person and remotely as needed, to promote economic self-sufficiency and foster civic participation by providing a wide range of program services and benefits, including events and social activities, technology training, emergency assistance, consultation and referral assistance, financial literacy education, and job referrals and resume writing assistance.

Expenses: $271KGrants: $250

Homeowner rehabilitation - since 2014, hip has partnered with the prince george's county department of housing and community development (dhcd) and redevelopment authority of prince george's to manage the homeowner rehabilitation assistance program (hrap) in which the county provides zero interest deferred loans to low-income homeowners to undertake necessary safety, accessibility and energy-efficient updates to aging homes. Hip pre-qualifies applicants for loans, engages consultants to prepare renovation scopes of work, bids out the work to qualified general contractors and supervises the work. All program participants meet with one of hip's hudcertified housing counselors for a financial coaching session reviewing their budget and credit as well as participate in hip's home maintenance workshop.

Expenses: $308K

Single-family development - hip purchases and renovates vacant and dilapidated single-family homes in older neighborhoods (the hip homes). These hip homes are sold to qualified low- and moderate income first-time homebuyers. In some circumstances, houses are torn down and replaced with new homes. Rehabilitated hip homes typically require extensive work and are substantially renovated when completed. In an average rehab, hip will replace all major systems (roof, gutters, furnace, central air, hot water heater) and the electrical system. In addition, hip replaces the kitchen and bathroom(s), installs all new appliances (garbage disposal, dishwasher, refrigerator, stove, washer and dryer), and replaces all electrical fixtures and flooring. As a green developer, hip places special emphasis on electrification, energy and water efficiency as well as the use of sustainable, healthy materials. Hip's signature feature is the addition of a front porch with brightly colored front and rear door.multi-family development - hip develops high-quality, green, affordable multifamily rental apartment communities that serve low- and moderate-income residents. In some cases, hip enters into a partnership with other mission-driven for-profit or nonprofit developers to co develop rental housing in maryland. Hip has played a role in the development of nine apartment communities with over 600 units of affordable rental housing across maryland, including prince george's, anne arundel, and cecil counties.

Expenses: $5.0M

Financials

FY 2023

Revenue

Contributions & grants$5.8M
Program service revenue$722K
Investment income$29K
Other revenue$45K
Total revenue$6.6M

Expenses

Grants paid$220K
Salaries & benefits$2.6M
Fundraising$138K
Other expenses$5.6M
Total expenses$8.5M
Total assets$38.9M
Net assets$5.1M

People

15 listed

NameRoleCompensation

MARYANN DILLON

EXECUTIVE DIRECTOR (RETIRED FEB. 2024)

Board

$179K

37.5 hrs/wk

STEPHANIE PRANGE PROESTEL

EXECUTIVE DIRECTOR

Board

$152K

37.5 hrs/wk

MARTIN MELLETT

CHAIR

Board

2 hrs/wk

IVY LEWIS

VICE CHAIR

Board

2 hrs/wk

WANDA ELLISON-OSBORNE

TREASURER

Board

2 hrs/wk

RANDY BARBER

SECRETARY

Board

2 hrs/wk

ANGELA HILL

DIRECTOR

Board

2 hrs/wk

MAE AVENILLA

DIRECTOR

Board

2 hrs/wk

ANDREW JOSEPH

DIRECTOR

Board

2 hrs/wk

ERNA VANCE

DIRECTOR

Board

2 hrs/wk

ABRAHAM GARCIA

DIRECTOR

Board

2 hrs/wk

STEVE BRIGHAM

DIRECTOR

Board

2 hrs/wk

JULIO MURILLO KHADJIBHAEVA

DIRECTOR

Board

2 hrs/wk

SAMUEL PARKER

PAST CHAIR EMERITAS

Board

3 hrs/wk

MARY HUNTER

DIRECTOR OF HOUSING COUNSELING PROGRAM

Staff

$129K

37.5 hrs/wk

Independent contractors

WARREN BUILDS

CONSTRUCTION

$3.2M

LANDSDOWNE DEVELOPMENT CORP

CONSTRUCTION

$412K

GREATER HEIGHTS REMODELER INC

CONSTRUCTION

$272K

Grants received

Showing 26 of 26

FromAmountPurposeYear
$20K
COMMUNITY SERVICES
2024
$20K
COMMUNITY SERVICES
2023
$250K
FOR CAPACITY BUILDING FOR PREDEVELOPMENT COSTS FOR BIPOC DEVELOPERS.
2022
$123K
FUND COMMUNITY ACCESSIBILITY PROJECTS
2022
$40K
Purple Line Corridor Renter Education & Counseling
2022
$35K
CAPACITY BUILDING
2022
$27K
CAPACITY BUILDING
2021
$3K
DEDICATE TO REVITALIZING NEIGHBORHOODS
2021
$40K
COMMUNITY SERVICE
2020
$30K
TO SUPPORT GENERAL OPERATIONS
2020
$11K
CAPACITY BUILDING
2019
$7K
GENERAL SUPPORT
2019
$85K
General Support building
2018
$45K
CAPACITY BUILDING
2018
$30K
PROGRAM/OPERATING SUPPORT
2018
$63K
General Support building
2017

Funded by

$1.2M from 12 funders · 26 grants · 2017–2024

Greater Washington Community Foundation

$308K · 7 grants · 2017–2023

Enterprise Community Loan Fund Inc

$250K · 1 grant · 2022

National Fair Housing Alliance

$123K · 1 grant · 2022

Enterprise Community Partners Inc

$118K · 4 grants · 2018–2022

Kaiser Foundation Health Plan Of The

$115K · 2 grants · 2020–2022

Local Initiatives Support Corporation

$95K · 2 grants · 2022–2023

The Morris And Gwendolyn Cafritz

$80K · 3 grants · 2020–2024

The Bank of America Charitable Foundation Inc

$75K · 2 grants · 2018–2020

Details

EIN521596171
NTEE codeL25
Subsection03
Ruling date1989-07
Formed1989
Employees29
Volunteers30
HOUSING INITIATIVE PARTNERSHIP INC — Mission, Financials & Grants Received | Grantivo