EIN 23-1861343

Housing Development Corporation Midatlantic

IRS 501(c) type
501(c)(3)
Num. employees
211
Year formed
1971
Most recent tax filings
2023-12-01
Description
Housing Development Corporation Midatlantic is a mission-driven organization that manages and develops quality affordable housing, focusing on new construction with a focus on renewable energy, preservation of historic or troubled properties through ...
Total revenues
$15,903,025
2023
Total expenses
$13,394,318
2023
Total assets
$27,194,557
2023
Num. employees
211
2023

Program areas at Housing Development Corporation Midatlantic

Hdc's property management services has:-solid track record of financial results and performance-dedicated staff ensuring qualified resident selection-licensed professional on-site managers and experienced maintenance staff on call 24 hours a dayhdc provides licensed, property management services with state-of-the-art practices and superior standards.
Hdc's resident services:-strengthen the mental, physical, financial and emotional health of our residents and communities-trained resident services coordinators advocate and connect residents to resources-contributes to self-sufficiency and long-term stability for residentsthe resident services department provides access to information and services to encourage growth, independence, and stability in the communities served.
Hdc's real estate Development services focus on:-managing on-time and on-budget new construction with a focus on renewable energy-preserving historic or troubled properties through acquisitions and rehabilitation-capitalizing on multiple financing sourcesthrough adaptive re-use of obsolete buildings, property rehabilitation and new construction, hdc works with communities to fulfill their Development objectives. Strong support from lending institutions as well as public and private partners has allowed hdc to pursue this purpose aggressively.hdc's real estate Development team approaches each project with the understanding that hdc will be involved in the preservation of ownership. With that in mind, decisions on design and products are made with attention to long-term maintenance, operational efficiency, and resident satisfaction.

Who funds Housing Development Corporation Midatlantic

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
NeighborWorks AmericaGeneral Support$482,750
Lancaster County Community FoundationAffordable Housing Project, General Operating Support, and Donor Recommended Grant From Donor Advised Fund for Groundbreakers Program$121,462
Truist FoundationGeneral Operating$75,000
...and 6 more grants received

Personnel at Housing Development Corporation Midatlantic

NameTitleCompensation
Dana HanchinPresident and Chief Executive Officer$262,150
Tammie FitzpatrickChief Operating Officer$160,664
Sharlene WoodruffSenior Vice President and Chief Financial Officer$165,548
Kimberly FletcherV.P Human Resources$122,743
Deborah GableVice President of Resident Services$128,758
...and 2 more key personnel

Financials for Housing Development Corporation Midatlantic

RevenuesFYE 12/2023
Total grants, contributions, etc.$4,540,510
Program services$10,682,585
Investment income and dividends$537,730
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$142,200
Total revenues$15,903,025

Form 990s for Housing Development Corporation Midatlantic

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-27990View PDF
2022-122023-10-19990View PDF
2021-122022-09-28990View PDF
2020-122021-08-02990View PDF
2019-122021-02-09990View PDF
...and 10 more Form 990s
Data update history
January 5, 2025
Received grants
Identified 3 new grant, including a grant for $121,462 from Lancaster County Community Foundation
October 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
October 19, 2024
Updated personnel
Identified 2 new personnel
September 25, 2024
Updated personnel
Identified 5 new personnel
September 21, 2024
Received grants
Identified 3 new grant, including a grant for $482,750 from NeighborWorks America
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
Management and technical assistanceTax deductible donationsAccepts online donations
General information
Address
8 W King St Suite 821
Lancaster, PA 17603
Metro area
Lancaster, PA
County
Lancaster County, PA
Website URL
hdcweb.org/ 
Phone
(717) 291-1911
Facebook page
HousingDevelopmentCorp 
IRS details
EIN
23-1861343
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1971
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L21: Public Housing Facilities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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