Skip to content
Ask
← FundingAlso makes grants — grantmaker profile →

Georgia · Nonprofit

HISTORIC DISTRICT DEVELOPMENT CORPORATION

HISTORIC DISTRICT DEVELOPMENT CORPORATION (Georgia) receives grants from 15 organizations whose IRS filings report $2,082,403 to it, the largest being JPMORGAN CHASE FOUNDATION ($850,000). 3 of them have funded it in more than one year.

Revenue FY2024
$1.5M
Funders on record
15
Grants received
$2.1M
Net assets
$4.5M
3/15 repeat funderspeak grant-dependency 23%
01What it does

What Historic District Development Corporation does

Mission

The Historic District Development Corporation is a community based nonprofit whose mission is to facilitate the preservation and revitalization of the mlk jr. National historic district and other historic/preservation communities.

As stated on its FY2024 Form 990.

Program

  1. Low income housing rental and tenant support services - development of additional low income housing rentals.

    $2,593,685 spent$403,816 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,593,685.

02The organization over time

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($539k) Expenses 100 ($433k) Net assets 100 ($1.5M)2018 Revenue 614 ($3.3M) Expenses 167 ($724k) Net assets 267 ($4.0M)2019 Revenue 427 ($2.3M) Expenses 249 ($1.1M) Net assets 358 ($5.4M)2020 Revenue 114 ($612k) Expenses 316 ($1.4M) Net assets 311 ($4.7M)2021 Revenue 596 ($3.2M) Expenses 398 ($1.7M) Net assets 410 ($6.2M)2022 Revenue 964 ($5.2M) Expenses 998 ($4.3M) Net assets 455 ($6.9M)2023 Revenue 452 ($2.4M) Expenses 662 ($2.9M) Net assets 436 ($6.6M)2024 Revenue 278 ($1.5M) Expenses 854 ($3.7M) Net assets 298 ($4.5M)
'17'18'19'20'21'22'23'24
Revenue (278)Expenses (854)Net assets (298)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $14M to $30M (+114%).

$3.5M
$5.9M
$7.8M
$7.5M
$14M
$30M
$30M
$28M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 0% · 2021 2% · 2022 58% · 2024 33%. Grants only. Government contracts and fees sit inside program revenue.

50% of HISTORIC DISTRICT DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$106k
’17
$2.6M
’18
$1.2M
’19
−$754k
’20
$1.5M
’21
$878k
’22
−$428k
’23
−$2.2M
’24
3.0
months of
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.

Chief executive

Chenee Joseph

President & CEO

Board chair

Leronne Riddick-Seals

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed88891091211
Joined·+0+2+1+1+3+6+1
No longer listed·0200432
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 2 funders to 6 funders, grant income rose $71k → $555k.

Funder
'19
'20
'21
'22
'23
'24*
'25*
total
funders
2
1
3
1
6
4
3

5 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 27% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of HISTORIC DISTRICT DEVELOPMENT CORPORATION’s funders (the co-funder graph). 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

HISTORIC DISTRICT DEVELOPMENT CORPORATION leans on a few funders — its largest provides 41% of grant income and the top three 66%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

45% 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 HISTORIC DISTRICT DEVELOPMENT CORPORATION.

41%
largest funder
66%
top three
~5
effective funders

Largest funder’s share by year: 2019 93% · 2020 100% · 2021 52% · 2022 100% · 2023 45% — diversifying over time.

“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.

How long its funders stay

40% of HISTORIC DISTRICT DEVELOPMENT CORPORATION's funders are still giving 2 years after their first grant; 20% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

HISTORIC DISTRICT DEVELOPMENT CORPORATION draws 74% of its grant income from funders outside Georgia, across 6 states in all.

NY
CA
CO
MD
NC
GA

In-state vs out-of-state, by year

’19
’21
’23
Georgia out of state home

Funder states come from each funder’s own filing. $562k arriving through sponsors registered in 5 states 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.

04Its place in the field

Against its field

HISTORIC DISTRICT DEVELOPMENT CORPORATION has grown faster than half of the 3,973 housing & shelter nonprofits its size.

Operating margin−147% · bottom quartile
Months of reserve3.0mo · below the median
Revenue growth (annualized)16% · above the median

this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024

Organizations like HISTORIC DISTRICT 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 Georgia

The Georgia Heirs Property Law Center Inc82%Habitat for Humanity - North Central Georgia Inc82%Hddc Equitable Development Corp82%Atlanta Downtown Improvement District Inc81%Habitat for Humanity in Atlanta Inc81%University Community Development Corporation81%Athens Area Habitat for Humanity for Humanity Inc80%Greene County Habitat for Humanity Inc80%

Nationally

Alexandria Housing Development Corporation83%Downtown Development Corporation83%Habitat for Humanity of Washington County Inc83%Historic Dupont Circle Main Street Inc83%Housing Development Corporation Midatlantic83%Ndc Housing & Economic Development Corporation82%The Georgia Heirs Property Law Center Inc82%Habitat for Humanity - North Central Georgia Inc82%
05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

70% of spending goes to programs.

Program 70%Management 29%Fundraising 1%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

77%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

GA

Part of a family of 4 related entities

  • Auburn Avenue Redevelopment Company LLC · disregarded
  • Hddc Equitable Development Corporation · exempt
  • Hddc-Irwin Inc · corp_trust
  • Hddc-Auburn Glenn Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for HISTORIC DISTRICT 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 HISTORIC DISTRICT DEVELOPMENT CORPORATION?
HISTORIC DISTRICT DEVELOPMENT CORPORATION (Georgia) receives grants from 15 organizations whose IRS filings report $2,082,403 to it, the largest being JPMORGAN CHASE FOUNDATION ($850,000). 3 of them have funded it in more than one year.
How many funders does HISTORIC DISTRICT DEVELOPMENT CORPORATION have?
IRS filings report 15 organizations giving $2,082,403 in grants to HISTORIC DISTRICT DEVELOPMENT CORPORATION, 3 of which have funded it in more than one year.
Who is the largest funder of HISTORIC DISTRICT DEVELOPMENT CORPORATION?
JPMORGAN CHASE FOUNDATION is the largest funder on record, with $850,000 in grants. The full list of funders is on this page.
How can an organization like HISTORIC DISTRICT DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. 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 15 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 14, 2026. What this page cannot tell you · view filing