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New York · Nonprofit

HOUSING PARTNERSHIP DEVELOPMENT CORPORATION

HOUSING PARTNERSHIP DEVELOPMENT CORPORATION (New York) receives grants from 9 organizations whose IRS filings report $109,200 to it, the largest being THE SOLOVIEV FOUNDATION ($26,000). 3 of them have funded it in more than one year.

Revenue FY2024
$5.1M
Funders on record
9
Grants received
$109k
Net assets
$6.1M
3/9 repeat funderspeak grant-dependency 1%
01What it does

What Housing Partnership Development Corporation does

Mission

Housing Partnership Development Corporation functions to provide available low and moderate cost housing in the new york metro area through new housing production, preservation, rehabilitation, as well as the revitalization and gentrification of neighborhoods.

As stated on its FY2024 Form 990.

Programs

  1. During the year 2024, Housing Partnership Development Corporation (hpdc) has successfully continued its work to increase the supply of low and moderate proceed housing in the nyc metro area through new housing production, preservation and rehabilitation of distressed properties as well as rental housing.

    $3,464,491 spent$3,759,131 earned by the program
    82% of program spending
  2. Prospective home buyers were provided with counseling courses to educate them in the advantages of home ownership, financial planning and understanding debt.

    $408,015 spent$222,314 earned by the program
    10% of program spending
  3. Prospective home buyers were provided with counseling courses to educate them in the advantages of home ownership, financial planning and understanding debt.we are focusing on the intersection of affordable housing and energy investment. We analyze solar and energy investment opportunities across portfolios of affordable housing assets and partner with housing owners to execute on those projects.

    $326,956 spent$260,068 earned by the program
    8% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,199,462.

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 ($4.5M) Expenses 100 ($4.2M) Net assets 100 ($5.9M)2018 Revenue 114 ($5.1M) Expenses 113 ($4.7M) Net assets 105 ($6.2M)2019 Revenue 113 ($5.0M) Expenses 119 ($5.0M) Net assets 106 ($6.3M)2020 Revenue 100 ($4.4M) Expenses 105 ($4.4M) Net assets 107 ($6.3M)2021 Revenue 110 ($4.9M) Expenses 108 ($4.5M) Net assets 113 ($6.7M)2022 Revenue 140 ($6.3M) Expenses 146 ($6.1M) Net assets 116 ($6.9M)2023 Revenue 135 ($6.0M) Expenses 146 ($6.1M) Net assets 115 ($6.8M)2024 Revenue 115 ($5.1M) Expenses 140 ($5.8M) Net assets 103 ($6.1M)
'17'18'19'20'21'22'23'24
Revenue (115)Expenses (140)Net assets (103)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 $7.3M to $10M (+41%).

$6.6M
$6.7M
$7.1M
$7.0M
$7.3M
$10M
$11M
$9.5M
'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 11% · 2021 9% · 2022 10% · 2024 3%. Grants only. Government contracts and fees sit inside program revenue.

16% of HOUSING PARTNERSHIP DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as 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. 2 of the last 8 reported years ran a deficit.

$286k
’17
$363k
’18
$57k
’19
$44k
’20
$387k
’21
$158k
’22
−$70k
’23
−$705k
’24
7.0
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

Jamie Smarr

President & CEO

Board chair

Ronald Moelis

Board chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed2826282527302827
Joined·+2+3+1+4+5+2+7
No longer listed·4142248
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $5k → $36k.

2 of 9 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 14% 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: $798k from 2 payers (the payer shares this organization's board, largest NYC Partnership Housing Development Fund Company Inc). These are real filings, and they are not money HOUSING PARTNERSHIP DEVELOPMENT CORPORATION raised.

From the IRS filings of HOUSING PARTNERSHIP 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

HOUSING PARTNERSHIP DEVELOPMENT CORPORATION has a broad base — no single funder exceeds 24% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

37% 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 HOUSING PARTNERSHIP DEVELOPMENT CORPORATION.

24%
largest funder
60%
top three
~6
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 91% · 2020 100% · 2022 50% · 2023 69% — 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

25% of HOUSING PARTNERSHIP DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 33% give in more than one year at all.

first grant+1y+2y+3y+4y

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

68% of HOUSING PARTNERSHIP DEVELOPMENT CORPORATION's grant income comes from New York funders.

NY
NJ
DE

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

’17
’19
’20
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $15k arriving through sponsors registered in 2 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

HOUSING PARTNERSHIP DEVELOPMENT CORPORATION is better cushioned than half of the 3,973 housing & shelter nonprofits its size.

Operating margin−14% · bottom quartile
Months of reserve7.0mo · above the median
Revenue growth (annualized)2% · bottom quartile

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

Organizations like HOUSING PARTNERSHIP 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 New York

Nationally

05Profile & governance

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

Where the money goes

72% of spending goes to programs.

Program 72%Management 21%Fundraising 8%

Governance

20
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

NY

Part of a family of 288 related entities

  • Hpdc Energy LLC · disregarded
  • Community Partnership Dev Corp · exempt
  • NYC Partnership Hdfc Inc · exempt
  • Orange County Hdfc · exempt
  • National Capital Region Housing Partnership · exempt

Screen this organization

A dated, signed PDF of the compliance screen for HOUSING PARTNERSHIP 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.

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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 PARTNERSHIP DEVELOPMENT CORPORATION?
HOUSING PARTNERSHIP DEVELOPMENT CORPORATION (New York) receives grants from 9 organizations whose IRS filings report $109,200 to it, the largest being THE SOLOVIEV FOUNDATION ($26,000). 3 of them have funded it in more than one year.
How many funders does HOUSING PARTNERSHIP DEVELOPMENT CORPORATION have?
IRS filings report 9 organizations giving $109,200 in grants to HOUSING PARTNERSHIP DEVELOPMENT CORPORATION, 3 of which have funded it in more than one year.
Who is the largest funder of HOUSING PARTNERSHIP DEVELOPMENT CORPORATION?
THE SOLOVIEV FOUNDATION is the largest funder on record, with $26,000 in grants. The full list of funders is on this page.
How can an organization like HOUSING PARTNERSHIP DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 Partnership Development →

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 9 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