Public Charity

HOUSING DEVELOPMENT FUND INC

HOUSING DEVELOPMENT FUND INC, of STAMFORD, CT, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $12.3M in revenue, $3.9M in expenses, $71.9M in total assets. 19 publicly reported grants to this organization, totaling roughly $15.3M, appear in IRS filings.

EIN: 061276156 STAMFORD, CT Fund Raising & Fund Distribution NTEE: L12 Latest filing: 2025
Total Revenue$12.3M
Total Expenses$3.9M
Total Assets$71.9M
Grant Records19
Funding Total$15.3M
Filing Years2020–2025

Mission

TO FACILITATE THE DEVELOPMENT OF AFFORDABLE HOUSING, BOTH RENTAL AND HOMEOWNERSHIP, AND ASSIST HOUSEHOLDS TO BECOME OWNERS OF AFFORDABLE HOMES.

Where $100 goes at Housing Development Fund Inc

How Housing Development Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$70 Programs the work itself
$22 Management running the organization
$8 Fundraising raising the next dollar

Inside the $70 for programs

$35
Multi-family housing
50% of program spending
$19
Homebuyer assistance underwriting
27% of program spending
$15
Homebuyer assistance counseling
21% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Annie Lazarus
BOARD MEMBER Barbara Kelly
BOARD MEMBER Carline Charmelus
CHAIR Clay Fowler
DIRECTOR OF COMMERCIAL LENDING Eliot Pacheco
DIRECTOR OF COMMERCIAL LENDING Eugene Schreiner

Officer compensation and complete director data available with membership.

Top Grant Purposes

Human & Social Services
$10,000,000 2 grants
General Support
$4,096,048 11 grants
Economic Development
$600,000 1 grant
Mental Health & Substance Abuse
$49,885 2 grants
Housing & Homelessness
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $12.3M $3.9M $71.9M
2024 $7.3M $3.3M $62.6M
2023 $3.4M $3.3M $51.0M
2021 $8.3M $4.0M $51.6M
2020 $3.5M $3.5M $61.4M

Between 2020 and 2025, reported annual revenue grew from $3.5M to $12.3M (+247%), with total assets most recently reported at $71.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for HOUSING DEVELOPMENT FUND INC

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