EIN 06-1276156

Housing Development Fund

IRS 501(c) type
501(c)(3)
Num. employees
27
Year formed
1989
Most recent tax filings
2023-06-01
Description
The Housing Development Fund facilitates the development of affordable housing, both rental and homeownership, and assists households to become owners of affordable homes. It provides construction and permanent loans and related assistance to providers of multi-family housing to expand low and moderate income housing opportunities for families in southwestern CT. Additionally, it manages properties to attract all possible renters who are the least likely to apply for affordable housing units in the region. Possible renters are subject to certain state median income limitations.
Total revenues
$3,366,920
2023
Total expenses
$3,327,155
2023
Total assets
$50,956,580
2023
Num. employees
27
2023

Program areas at Housing Development Fund

Homebuyer assistance underwriting - hdf provides assistance in loans for down payments and low interest second mortgages.
Multi-family Housing - provide construction and permanent loans and related assistance to providers of multi-family Housing to enable them to expand low and moderate income Housing opportunities for families in southwestern ct.
Homebuyer assistance counseling - provide low interest, flexible financing and technical assistance to developers by providing homebuyer assistance financing and homeownership counseling to homebuyers.
Property management - to attract all possible renters who are the least likely to apply for affordable Housing units in the region. Possible renters are subject to certain state median income limitations.

Who funds Housing Development Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
NeighborWorks AmericaGeneral Support$472,000
Grace J Fippinger FoundationHuman Development$10,000
The Goodnow FundBreakfast Sponsorship$7,500
...and 2 more grants received

Personnel at Housing Development Fund

NameTitleCompensation
Kiley GosselinPresident and Chief Executive Officer$0
Gina DelanoInterim Chief Financial Officer$145,343
Elizabeth FrostDirector of Development and Communications
Mary Alice DinhoCounseling Support
Eliot PachecoController
...and 9 more key personnel

Financials for Housing Development Fund

RevenuesFYE 06/2023
Total grants, contributions, etc.$873,626
Program services$2,191,169
Investment income and dividends$343,489
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-41,364
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,366,920

Form 990s for Housing Development Fund

Fiscal year endingDate received by IRSFormPDF link
2023-062024-01-15990View PDF
2022-062022-12-22990View PDF
2021-062022-01-10990View PDF
2020-062021-04-06990View PDF
2019-062020-01-14990View PDF
...and 9 more Form 990s
Data update history
December 31, 2023
Received grants
Identified 4 new grant, including a grant for $598,500 from NeighborWorks America
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 1 new personnel
June 15, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Housing and shelter organizationsCommunity Development Financial InstitutionsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
Fundraising eventsReceives government fundingTax deductible donationsAccepts online donations
General information
Address
100 Prospect St 100
Stamford, CT 06901
Metro area
Bridgeport-Stamford-Norwalk, CT
County
09190
Website URL
hdfconnects.org/ 
Phone
(203) 969-1830
IRS details
EIN
06-1276156
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1989
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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