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EIN 36-2889871

Hispanic Housing Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
343
City
Chicago
State
Illinois
Year formed
1975
Most recent tax filings
2023-12-01
NTEE code, primary
L20: Housing Development, Construction, Management
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
$10,459,966
2023
Total expenses
$12,665,770
2023
Total assets
$70,053,505
2023
Num. employees
343
2023

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$453,750
Mapletree ApartmentsProgram Support$265,238
Las Moradas ApartmentsTo Help Create Affordable Housing$250,000
...and 1 more grant received

Personnel at Hispanic Housing Development Corporation

NameTitleCompensation
Tony HernandezPresident and Chief Executive Officer
Javier CostantinoChief Operating Officer , Tropic Construction Corporation
Laura SelbyChief Operating Officer$299,089
Janay Hayes-MohamedVice President of Property Management
Stephen PorrasVice President , Real Estate Development$210,040
...and 11 more key personnel

Financials for Hispanic Housing Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$839,371
Program services$7,464,348
Investment income and dividends$1,104,570
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$469,933
Net gain from sale of non-inventory assets$652,647
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-70,903
Total revenues$10,459,966

Form 990s for Hispanic Housing Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-22990View PDF
2022-122023-11-06990View PDF
2021-122022-11-09990View PDF
2020-122021-11-15990View PDF
2019-122021-02-24990View PDF
...and 10 more Form 990s
Data update history
October 19, 2024
Updated personnel
Identified 5 new personnel
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $453,750 from NeighborWorks America
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
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousingHispanic
Characteristics
Receives government fundingGala fundraisersTax deductible donationsAccepts online 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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