EIN 23-1861343

Housing Development Corporation Midatlantic

IRS 501(c) type
501(c)(3)
Num. employees
218
Year formed
1971
Most recent tax filings
2022-12-01
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
$11,443,531
2022
Total expenses
$11,202,268
2022
Total assets
$24,727,893
2022
Num. employees
218
2022

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$391,500
Housing Partnership Network (HPN)Wells Fargo Adaptive Reuse$200,000
Moses Taylor FoundationOn-Site Resident Services$70,000
...and 4 more grants received

Personnel at Housing Development Corporation Midatlantic

NameTitleCompensation
Dana HanchinPresident$245,000
Sharlene WoodruffChief Financial Officer$160,433
Kimberly FletcherV.P Human Resources$122,743
Chad MartinVice President of Community Relations / Director of Strategic Partnerships and Community Relations
Deborah GableV.P Resident Services$106,540
...and 12 more key personnel

Financials for Housing Development Corporation Midatlantic

RevenuesFYE 12/2022
Total grants, contributions, etc.$997,948
Program services$8,997,985
Investment income and dividends$428,076
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$1,019,522
Total revenues$11,443,531

Form 990s for Housing Development Corporation Midatlantic

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-19990View PDF
2021-122022-09-28990View PDF
2020-122021-08-02990View PDF
2019-122021-02-09990View PDF
2018-122019-10-12990View PDF
...and 9 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $70,000 from Moses Taylor Foundation
December 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 4, 2023
Updated personnel
Identified 3 new personnel
November 28, 2023
Used new vendors
Identified 3 new vendors, including , , and
November 26, 2023
Received grants
Identified 4 new grant, including a grant for $391,500 from NeighborWorks America
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
Management and technical assistanceTax deductible 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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