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Georgia · Nonprofit

Housing Development Corp of Dekalb

Housing Development Corp of Dekalb (Georgia) receives grants from 1 organization whose IRS filings report $664,186 to it, the largest being Beverly J Searles Foundation ($664,186). 1 of them have funded it in more than one year.

Revenue FY2024
$6.6M
Funders on record
1
Grants received
$664k
Net assets
$11M
1/1 repeat funderspeak grant-dependency 14%
01What it does

What Housing Development Corp of Dekalb does

Mission

To provide affordable, decent, safe and sanitary dwellings, apartment or other living accommodations for persons of low and moderate income.

As stated on its FY2024 Form 990.

Program

  1. Housing Development Corp of Dekalb (HDC) develops, owns, and manages single and multi-family rental properties.

    $5,925,885 spent$5,959,443 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $5,925,885.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended.

100 = 20182018 Revenue 100 ($2.5M) Expenses 100 ($3.6M) Net assets 100 ($3.6M)2019 Revenue 99 ($2.4M) Expenses 86 ($3.1M) Net assets 115 ($4.1M)2020 Revenue 189 ($4.7M) Expenses 119 ($4.3M) Net assets 80 ($2.9M)2021 Revenue 78 ($1.9M) Expenses 96 ($3.5M) Net assets 36 ($1.3M)2022 Revenue 497 ($12M) Expenses 129 ($4.7M) Net assets 317 ($11M)2023 Revenue 244 ($6.0M) Expenses 163 ($5.9M) Net assets 320 ($11M)2024 Revenue 267 ($6.6M) Expenses 185 ($6.7M) Net assets 317 ($11M)
2018201920202021202220232024
Revenue (267)Expenses (185)Net assets (317)

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 $9.4M to $19M (+103%).

$16M
$17M
$12M
$9.4M
$19M
$19M
$21M
2018201920202021202220232024
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.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 11%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 7 reported years ran a deficit.

−$1.2M
’18
−$694k
’19
$355k
’20
−$1.6M
’21
$7.6M
’22
$94k
’23
−$127k
’24
10
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

Eugene P Walker Jr

CEO

Board chair

Dorothy Williams

Chairperson

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed7778897
Joined·+0+0+1+0+2+0
No longer listed·000012
03Who funds it

Who funds it, year by year

2018 → 2019: the base held at 1 funder, grant income held at $332k.

Funder
'18
'19
total
funders
1
1

From the IRS filings of Housing Development Corp of Dekalb’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.

Where its funders are

100% of Housing Development Corp of Dekalb's grant income comes from Georgia funders.

GA

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

’18
’19
Georgia out of state home

Funder states come from each funder’s own filing. 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

Organizations like Housing Development Corp of Dekalb

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

Nationally

05Profile & governance

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

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

5
board members
60%
independent
–Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

89%

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 23 related entities

  • HDC Management LLC · disregarded
  • HDC Single Family LLC · disregarded
  • HDC Residential LLC · disregarded
  • Retreat Development Partners LLC · disregarded
  • Mountain View Senior Company LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for Housing Development Corp of Dekalb: 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.

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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 Housing Development Corp of Dekalb?
Housing Development Corp of Dekalb (Georgia) receives grants from 1 organization whose IRS filings report $664,186 to it, the largest being Beverly J Searles Foundation ($664,186). 1 of them have funded it in more than one year.
How many funders does Housing Development Corp of Dekalb have?
IRS filings report 1 organization giving $664,186 in grants to Housing Development Corp of Dekalb, 1 of which have funded it in more than one year.
Who is the largest funder of Housing Development Corp of Dekalb?
Beverly J Searles Foundation is the largest funder on record, with $664,186 in grants. The full list of funders is on this page.
How can an organization like Housing Development Corp of Dekalb 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.

Play a game about who funds Housing Development Corp of Dekalb →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 1 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