Illinois · Nonprofit
HISPANIC HOUSING DEVELOPMENT CORPORATION
HISPANIC HOUSING DEVELOPMENT CORPORATION (Illinois) receives grants from 5 organizations whose IRS filings report $4,429,011 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($4,281,250). 2 of them have funded it in more than one year.
- Revenue FY2024
- $15M
- Funders on record
- 5
- Grants received
- $4.4M
- Net assets
- $44M
What Hispanic Housing Development Corporation does
Mission
Neighborhood development through affordable housing and other real estate projects.
As stated on its FY2024 Form 990.
Programs
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.
$2,800,941 spent$1,770,865 earned by the program26% of program spendingManagement 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.
$8,077,030 spentof which $19,791 as grants$6,816,063 earned by the program74% of program spending
The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $10,877,971.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $53M to $81M (+55%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 4% · 2021 13% · 2022 15%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Paul Slade
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $595k → $454k.
1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $17M from 6 payers (the payer shares this organization's board, largest Las Moradas -Hispanic Elderly Housing). These are real filings, and they are not money HISPANIC HOUSING DEVELOPMENT CORPORATION raised.
From the IRS filings of HISPANIC HOUSING DEVELOPMENT CORPORATION’s funders (the co-funder graph). Top 4 of 5 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HISPANIC HOUSING DEVELOPMENT CORPORATION leans on a few funders — its largest provides 97% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HISPANIC HOUSING DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2017 89% · 2018 100% · 2019 100% · 2020 86% · 2021 99% · 2022 100% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
HISPANIC HOUSING DEVELOPMENT CORPORATION draws 100% of its grant income from funders outside Illinois, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $8k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like HISPANIC HOUSING DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
86% of spending goes to programs.
Governance
Public support
90%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 80 related entities
- Hispanic Housing North and Pulaski LLC · disregarded
- Hispanic Housing Nt III LLC · disregarded
- Hispanic Housing Cicero & George LLC · disregarded
- 1411-23 Shields LLC · disregarded
- 1723-33 North Humboldt LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for HISPANIC HOUSING DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HISPANIC HOUSING DEVELOPMENT CORPORATION?
- HISPANIC HOUSING DEVELOPMENT CORPORATION (Illinois) receives grants from 5 organizations whose IRS filings report $4,429,011 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($4,281,250). 2 of them have funded it in more than one year.
- How many funders does HISPANIC HOUSING DEVELOPMENT CORPORATION have?
- IRS filings report 5 organizations giving $4,429,011 in grants to HISPANIC HOUSING DEVELOPMENT CORPORATION, 2 of which have funded it in more than one year.
- Who is the largest funder of HISPANIC HOUSING DEVELOPMENT CORPORATION?
- NEIGHBORHOOD REINVESTMENT CORPORATION is the largest funder on record, with $4,281,250 in grants. The full list of funders is on this page.
- How can an organization like HISPANIC HOUSING DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing