EIN 36-2889871

Hispanic Housing Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
434
Year formed
1975
Most recent tax filings
2022-12-01
Description
Hispanic Housing Development Corporation supports neighborhood development through affordable housing and other real estate projects. The organization manages affordable housing developments dedicated to providing safe and affordable housing for economically disadvantaged and minority households. They also develop real estate projects in distressed areas of Chicago and suburban Illinois to provide economic development and affordable housing opportunities for minority and economically disadvantaged individuals and families.
Total revenues
$13,523,028
2022
Total expenses
$11,634,195
2022
Total assets
$75,402,939
2022
Num. employees
434
2022

Program areas at Hispanic Housing Development Corporation

Development of real estate projects dedicated to minority and/or economically disadvantaged individuals and families in otherwise distressed areas of metropolitan chicago and suburban areas of Illinois. Providing for economic Development, affordable Housing, urban renewal and regentrification.
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.

Who funds Hispanic Housing Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
NeighborWorks AmericaGeneral Support$529,000
Mapletree ApartmentsProgram Support$265,238
West Chicago PreservationProgram Support, Distribution of Excess Proceeds From Mortgage Refinance$193,104

Personnel at Hispanic Housing Development Corporation

NameTitleCompensation
Laura SelbyChief Operating Officer$218,356
Christian RodriguezVice President , Property Management / Vice President Property Management$155,042
Stephen PorrasVice President , Real Estate Development / Vice President Real Estate Development$167,672
Sheri TuckerDirector of Public Housing$137,494
Mary ReyesHuman Resources Manager$114,379
...and 9 more key personnel

Financials for Hispanic Housing Development Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,962,735
Program services$8,931,205
Investment income and dividends$979,494
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$326,530
Net gain from sale of non-inventory assets$249,952
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$73,112
Total revenues$13,523,028

Form 990s for Hispanic Housing Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-06990View PDF
2021-122022-11-09990View PDF
2020-122021-11-15990View PDF
2019-122021-02-24990View PDF
2018-122019-12-06990View PDF
...and 9 more Form 990s
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 1 new personnel
January 2, 2024
Received grants
Identified 3 new grant, including a grant for $529,000 from NeighborWorks America
December 31, 2023
Used new vendors
Identified 4 new vendors, including , , , and
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousingHispanic
Characteristics
Receives government fundingGala fundraisersTax deductible donations
General information
Address
325 N Wells 8th Floor
Chicago, IL 60654
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
hispanichousingdevelopment.com/ 
Phone
(312) 602-6500
Facebook page
HHDEVC 
IRS details
EIN
36-2889871
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1975
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L20: Housing Development, Construction, Management
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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