Nonprofit · EIN 93-1116265
HOUSING DEVELOPMENT CENTER INC
Tax-exempt · PORTLAND, OR 97214
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,185,896 | $3,663,357 | $522,539 | $6,108,221 | $1,187,352 | $4,920,869 |
| June 30, 2024 | 990 | $3,195,918 | $3,252,532 | -$56,614 | $5,266,478 | $868,148 | $4,398,330 |
| June 30, 2023 | 990 | $3,242,688 | $3,139,997 | $102,691 | $5,315,908 | $860,964 | $4,454,944 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $633,596
- of which government grants
- $306,664
- Program service revenue
- $3,336,851
- Investment income
- $93,053
- Other revenue
- $122,396
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $208,796
- Other salaries and wages
- $2,244,655
- Salaries, compensation and benefits (total)
- $2,984,647
- Professional fundraising fees
- $0
- Occupancy
- $45,241
- Depreciation
- $760
- Program services (functional)
- $3,035,513
- Management and general (functional)
- $627,844
Balance sheet and other
- Total assets, start of year
- $5,266,478
- Total assets, end of year
- $6,108,221
- Total liabilities, end of year
- $1,187,352
- Net assets, end of year
- $4,920,869
- Land, buildings and equipment
- $17,689
- Net assets without donor restrictions
- $4,720,869
- Net assets with donor restrictions
- $200,000
- Gross receipts
- $4,185,896
- Employees
- 23
- Volunteers
- 7
- Year formed
- 1993
- State of legal domicile
- OR
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TRACI MANNING | Executive Dir. Officer | 40 | $176,398 | $23,615 |
| TRAVIS PHILLIPS | DIR OF REAL ESTATE | 40 | $144,049 | $15,864 |
| JULIE PROKSCH | DIR OF REAL ESTATE | 40 | $146,011 | $6,959 |
| KIMBERLY PRATNICKI | DIR OF ASSET MGMT | 40 | $126,305 | $21,506 |
| GIGI SZABO | SR FIN PROJ MGR | 40 | $128,326 | $15,234 |
| BEN LOFTIS | SR FIN PROJ MGR | 40 | $122,738 | $5,966 |
| SARAH ZAHN | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| RAMSAY WEIT | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BRYANT ABARICIA | Secretary/Treas Trustee or director, Officer | 2 | $0 | $0 |
| SAM DIAZ | Director Trustee or director | 1 | $0 | $0 |
| MERCEDES ELIZALDE | Director Trustee or director | 1 | $0 | $0 |
| SAMUEL D GROSZ | Director Trustee or director | 1 | $0 | $0 |
| BRUCE WHITING | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TRACI MANNING | Executive Dir. Officer | 40 | $172,929 | $23,783 |
| TRAVIS PHILLIPS | DIR OF REAL ESTATE | 40 | $141,470 | $14,090 |
| KIMBERLY PRATNICKI | DIR OF ASSET MGMT | 40 | $123,809 | $21,327 |
| JULIE PROKSCH | DIR OF REAL ESTATE | 40 | $137,240 | $7,613 |
| GIGI SZABO | SR FIN PROJ MGR | 40 | $124,940 | $15,813 |
| BEN LOFTIS | SR FIN PROJ MGR | 40 | $118,825 | $6,759 |
| SARAH ZAHN | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| RAMSAY WEIT | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BRYANT ABARICIA | Secretary/Treas Trustee or director, Officer | 2 | $0 | $0 |
| SAM DIAZ | Director Trustee or director | 1 | $0 | $0 |
| MERCEDES ELIZALDE | Director Trustee or director | 1 | $0 | $0 |
| SAMUEL D GROSZ | Director Trustee or director | 1 | $0 | $0 |
| BRUCE WHITING | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TRACI MANNING | Executive Dir. Officer | 40 | $163,459 | $23,700 |
| GIGI SZABO | SR. FINANCE MGR. | 40 | $119,177 | $15,618 |
| KIMBERLY PRATNICKI | DIR OF ASSET MNGT | 40 | $113,362 | $20,471 |
| MEREDITH BOWIE | DIR. FINANCE/OPS. | 40 | $107,183 | $25,706 |
| JULIE PROKSCH | DIR OF REAL ESTATE | 40 | $112,249 | $7,467 |
| BEN LOFTIS | SR. FINANCE MGR. | 40 | $114,130 | $4,473 |
| BRUCE WHITING | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| RAMSAY WEIT | Vice President Trustee or director, Officer | 2 | $0 | $0 |
| SARAH ZAHN | Secretary/Treas Trustee or director, Officer | 2 | $0 | $0 |
| BRYANT ABARICIA | Director Trustee or director | 1 | $0 | $0 |
| SAMUEL GROSZ | Director Trustee or director | 1 | $0 | $0 |
| SAM DIAZ | Director Trustee or director | 1 | $0 | $0 |
| MERCEDES ELIZALDE | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 524 E BURNSIDE STREET, PORTLAND, OR 97214-1148
- Principal officer (990 for 2024)
- TRACI MANNING, 524 E Burnside St Suite 210, Portland, OR 97214
- Signed the 990
- TRACI MANNING, Executive Director
- Phone
- (503) 335-3668
- Return prepared by
- KERN & THOMPSON LLC
Mission
CENTERING THOSE WHO HAVE BEEN HISTORICALLY OPPRESSED, HOUSING DEVELOPMENT CENTER, INC. COLLABORATES WITH ITS PARTNERS TO ENVISION, DEVELOP, AND SUSTAIN AFFORDABLE HOMES AND COMMUNITY PLACES.
Program accomplishments
- HOUSING AND FACILITIES DEVELOPMENTHDC'S HOUSING AND FACILITIES DEVELOPMENT TEAM WORKS WITH MISSION-DRIVEN ORGANIZATIONS TO FINANCE, BUILD, AND RENOVATE AFFORDABLE HOUSING AND COMMUNITY FACILITIES THAT SERVE PEOPLE WITH LOWER INCOMES. HDC ASSISTS WITH THE DEVELOPMENT OF ALL TYPES OF AFFORDABLE HOUSING, INCLUDING MULTIFAMILY RENTAL, HOMEOWNERSHIP, AND MIXED-USE DEVELOPMENTS. HDC ALSO ASSISTS WITH THE DEVELOPMENT OF HEALTHCARE, CHILDCARE, AND OTHER SERVICE FACILITIES. HDC'S DEVELOPMENT SERVICES SPAN ALL ASPECTS AND PHASES OF PROJECT DEVELOPMENT, FROM PLANNING AND PREDEVELOPMENT THROUGH FINANCIAL STRUCTURING AND CONSTRUCTION MANAGEMENT. HDC PROVIDES EXPERTISE IN ASSESSING AND MEETING COMPLIANCE OBLIGATIONS ASSOCIATED WITH SPECIALIZED AFFORDABLE HOUSING FINANCING PROGRAMS. IN ITS 30-YEAR HISTORY, HDC'S HOUSING & FACILITIES DEVELOPMENT PROGRAM HAS WORKED WITH MISSION-DRIVEN ORGANIZATIONS TO MANAGE OVER 200 DEVELOPMENT PROJECTS IN OREGON AND SOUTHWEST WASHINGTON. THESE PROJECTS HAVE RESULTED IN THE DEVELOPMENT OR PRESERVATION OF MORE THAN 8,000 COMPLETED HOUSING UNITS AND 350,000 COMPLETED SQUARE FEET OF COMMUNITY FACILITY AND COMMERCIAL SPACE. TOGETHER THESE PROJECTS REPRESENT OVER $1 BILLION IN TOTAL DEVELOPMENT COSTS.Expenses $2,360,316 · revenue $3,099,342
- ASSET MANAGEMENTHDC'S ASSET MANAGEMENT TEAM GUIDES CLIENTS THROUGH THE CHALLENGES OF OWNING AND MANAGING AFFORDABLE HOUSING AND COMMUNITY FACILITIES OVER THE LONG TERM. HDC PROVIDES TECHNICAL ASSISTANCE AND TRAINING TO NONPROFIT ORGANIZATIONS, HOUSING AUTHORITIES, AND GOVERNMENT ENTITIES. HDC HAS HELPED PROJECT OWNERS ACROSS OREGON TO PRESERVE AND IMPROVE THE VIABILITY OF TENS OF THOUSANDS OF UNITS OF AFFORDABLE HOUSING, AS WELL AS TO IMPLEMENT ONGOING SYSTEMS FOR EFFECTIVE ASSET MANAGEMENT AND OVERSIGHT. HDC'S ASSET MANAGEMENT SERVICES INCLUDE PROPERTY AND PORTFOLIO ASSESSMENTS, PROPERTY AND PORTFOLIO REPOSITIONING, PROPERTY TRANSFERS, YEAR 15 EXITS, CAPITAL NEEDS ASSESSMENTS, RESERVE ANALYSES, SYSTEMS DEVELOPMENT, AND STAFF AND BOARD TRAINING.Expenses $568,370 · revenue $306,180
- HDC COMMUNITY FUND. LLC HDC'S WHOLLY OWNED SUBSIDIARY, HDC COMMUNITY FUND, LLC (HDC COMMUNITY FUND), WAS FORMED IN AUGUST 2009. A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI), HDC COMMUNITY FUND PROVIDES LOANS TO SUPPORT THE DEVELOPMENT AND PRESERVATION OF AFFORDABLE HOUSING AND COMMUNITY FACILITIES SERVING PEOPLE WITH LOWER INCOMES. HDC COMMUNITY FUND'S FLEXIBLE, LOW-INTEREST LOANS ADDRESS NEEDS THAT CONVENTIONAL LENDING PROGRAMS DON'T. THE LOANS TARGET EARLY PROJECT COSTS, SUCH AS FEASIBILITY ASSESSMENT, LAND ACQUISITION, AND PREDEVELOPMENT, AND THEY BRIDGE SHORT-TERM GAPS IN CONSTRUCTION FINANCING. TOTALING $9.98 MILLION TO DATE, HDC COMMUNITY FUND LOANS HAVE SUPPORTED THE CREATION OR PRESERVATION OF 1,663 UNITS OF AFFORDABLE HOUSING AND 57,085 SQUARE FEET OF SERVICE-FACILITY SPACE.Expenses $57,286 · revenue $53,726
- POLICY AND INDUSTRY SUPPORT HDC BELIEVES IN MAKING THE AFFORDABLE HOUSING DELIVERY SYSTEM MORE EQUITABLE, SUSTAINABLE, COST EFFICIENT, AND RESPONSIVE TO THE PEOPLE WHO USE IT. HDC PROVIDES SUPPORT TO POLICY, INNOVATION, AND PEER LEARNING INITIATIVES TO ADVANCE THESE GOALS. HDC'S POLICY AND INDUSTRY SUPPORT WORK HAS ADDRESSED CHALLENGES SUCH AS INCREASING MINORITY CONTRACTOR PARTICIPATION IN AFFORDABLE HOUSING DEVELOPMENT, MODELING CREATIVE STRATEGIES TO LOWER AFFORDABLE HOUSING CAPITAL COSTS AND CLIMATE IMPACT, AND PLANNING FOR PUBLIC RESOURCES TO SUSTAIN EXISTING AFFORDABLE HOUSING STOCK.Expenses $49,541
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 93-1116265
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $6,108,221
- Income (IRS master file)
- $4,185,896
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,185,896 | $3,663,357 | $6,108,221 | IRS |
| 990 | June 2024 | $3,195,918 | $3,252,532 | $5,266,478 | XML |
| 990 | June 2023 | $3,242,688 | $3,139,997 | $5,315,908 | XML |
| 990 | June 2022 | $3,244,688 | $2,683,552 | $5,193,870 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 93-1116265).
Questions about HOUSING DEVELOPMENT CENTER INC
- What is the EIN of HOUSING DEVELOPMENT CENTER INC?
- The employer identification number (EIN) of HOUSING DEVELOPMENT CENTER INC is 93-1116265.
- Is HOUSING DEVELOPMENT CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to HOUSING DEVELOPMENT CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOUSING DEVELOPMENT CENTER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HOUSING DEVELOPMENT CENTER INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOUSING DEVELOPMENT CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of HOUSING DEVELOPMENT CENTER INC?
- The 990 for the year ended June 30, 2025 names TRACI MANNING.
- Who are the officers and directors of HOUSING DEVELOPMENT CENTER INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 6 received compensation from the organization, the highest $176,398 (TRACI MANNING, Executive Dir.).
- How much revenue does HOUSING DEVELOPMENT CENTER INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,185,896, expenses of $3,663,357 and total assets of $6,108,221 at year end.
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