1. Directory
  2. Nebraska
  3. Hastings
  4. Housing Development Corporation
EIN 47-0772308

Housing Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
5
City
Hastings
State
Nebraska
Year formed
1993
Most recent tax filings
2022-12-01
NTEE code, primary
L21: Public Housing Facilities
Description
Housing Development Corporation is a Community Housing Development Organization 'CHDO' in Hastings, NE. HDC's mission involves helping low moderate income families to procure safe, decent and affordable housing within the counties of Adams, Clay, Hall, Nuckolls, and Webster in Nebr. HDC also offers programs including buying homes to rehab them to a required standard before selling them to low moderate income first-time home buyers with down payment assistance and rehabilitation work on owner-occupied homes provided through forgivable or installment loans based on income and ability to repay.
Total revenues
$516,470
2022
Total expenses
$415,298
2022
Total assets
$5,931,043
2022
Num. employees
5
2022

Program areas at Housing Development Corporation

The forgiveness of liens placed on homes for down payment assistance and for owner occupied rehab which are forgiven incrementally over 10 or more years. If a house sells before the forgiveness period, the recaptured funds is program income.
A program which does rehabilitation work on owner occupied homes. The funds to provide the work are in the form of a forgivable loan or an installment loan based on income and ability to repay. Hdc oversees this program.
All other Housing program income and expenses.

Personnel at Housing Development Corporation

NameTitleCompensation
Michelle CallahanExecutive Director$62,000
Marsha SukupPresident$0
Tricia AllenVice President$0
Rachelle LipkerPresident / Director$0
Marian TurnerSecretary and Treasurer$0
...and 3 more key personnel

Financials for Housing Development Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$18,000
Program services$549,191
Investment income and dividends$3,609
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-42,552
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-11,778
Miscellaneous revenues$0
Total revenues$516,470

Form 990s for Housing Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-11-11990View PDF
2019-122022-04-28990View PDF
2018-122021-04-20990View PDF
...and 9 more Form 990s

Organizations like Housing Development Corporation

OrganizationLocationRevenue
Crown Housing CorporationPasadena, CA$140,886
River View Gardens Housing Development Fund CompanyNew York, NY$1,221,185
Casa Del Pueblo IiPhoenix, AZ$240,549
Haven Towers Development CorporationChicago, IL$1,108,596
Town Center ApartmentsKensington, MD$1,003,391
Lake County Community HousingRonan, MT$742,256
Turning Point Red Hook Housing Development Fund CorporationBrooklyn, NY$509,350
Unity HousingMorgantown, WV$560,759
Casa Mia ApartmentsPhoenix, AZ$487,486
Lasher CourtBloomfield, CT$214,558
Data update history
January 3, 2024
Posted financials
Added Form 990 for fiscal year 2022
July 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 3 new personnel
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 4, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
Receives government fundingTax deductible donations
General information
Address
301 S Burlington Ave
Hastings, NE 68901
Metro area
Grand Island, NE
County
Adams County, NE
Phone
(402) 461-8704
IRS details
EIN
47-0772308
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1993
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
Independent
Free account sign-up

Want updates when Housing Development Corporation has new information, or want to find more organizations like Housing Development Corporation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy