1. Directory
  2. North Carolina
  3. Raleigh
  4. Dhic
EIN 56-1085131

Dhic

IRS 501(c) type
501(c)(3)
Num. employees
28
City
Raleigh
State
North Carolina
Year formed
1973
Most recent tax filings
2023-12-01
NTEE code, primary
L25: Housing Rehabilitation
Description
Dhic builds, promotes, and preserves affordable housing for low and moderate income persons. Its developments generate expenses for low-income housing projects and provide homes for moderate and low-income families upon completion.
Total revenues
$8,321,223
2023
Total expenses
$4,607,766
2023
Total assets
$35,451,799
2023
Num. employees
28
2023

Program areas at Dhic

These expenses are generated by various developments of low-income housing projects. Moderate and low-income families will occupy the homes upon completion.

Grants made by Dhic

GranteeGrant descriptionAmount
Housing Partnership Network (HPN)Residential Rental Assistance$17,500

Who funds Dhic

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
NeighborWorks AmericaGeneral Support$513,500
Triangle Community FoundationHousing$65,000
Wake County SmartStart (WCSS)Kaleidoscope Grant$12,000

Personnel at Dhic

NameTitleCompensation
Sharon LordenChief Financial Officer and Senior Vice President of Operations$189,905
W. Michael WardVice President of Finance
Atinuke DiverVice President of Resource Development$133,350
Rodney BrownVice President of Asset Management / Director of Asset Management / Asset Manager$137,960
Atinuke "Tinu" DiverVice President of Impact
...and 16 more key personnel

Financials for Dhic

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,146,787
Program services$5,980,867
Investment income and dividends$471,283
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$722,286
Total revenues$8,321,223

Form 990s for Dhic

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122024-03-11990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
...and 11 more Form 990s
Data update history
January 9, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 7, 2025
Updated personnel
Identified 2 new personnel
January 3, 2025
Used new vendors
Identified 1 new vendor, including
November 2, 2024
Updated personnel
Identified 12 new personnel
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $513,500 from NeighborWorks America
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
LobbyingReceives government fundingTax deductible donationsAccepts online donations
General information
Address
PO Box 2185
Raleigh, NC 27602
Metro area
Raleigh-Cary, NC
County
Wake County, NC
Website URL
dhic.org/ 
Phone
(919) 832-4345
IRS details
EIN
56-1085131
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L25: Housing Rehabilitation
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
Free account sign-up

Want updates when Dhic has new information, or want to find more organizations like Dhic?

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

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy