Public Charity

HAMMOND DEVELOPMENT CORPORATION

HAMMOND DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in HAMMOND, IN. Its most recent IRS filing (2020) reports revenue of $1.5M, expenses of $546K, total assets of $2.8M. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $90K.

EIN: 351581423 HAMMOND, IN Community Coalitions NTEE: S21 Latest filing: 2020
Total Revenue$1.5M
Total Expenses$546K
Total Assets$2.8M
Grant Records6
Funding Total$90K
Filing Years2017–2020

Mission

HAMMOND DEVELOPMENT CORPORATION (HDC), AN INDIANA NOT-FOR-PROFIT ORGANIZATION, WAS FORMED TO PROVIDE BROAD BASED CHARITABLE SUPPORT FOR THE DEVELOPMENT AND REDEVELOPMENT OF THE CITY OF HAMMOND, INCLUDING THE STIMULATION OF HISTORICAL RENOVATION, GENERAL BUSINESS DEVELOPMENT, INCREASE IN COMMERCE AND TRADE, AND GENERAL STIMULATION OF THE REVITALIZATION OF THE CITY OF HAMMOND.

Officers & Directors

TRUSTEE Africa Tarver
TRUSTEE Anne Anderson
TRUSTEE David Ryan
TRUSTEE Dushan Nikolovski
TRUSTEE Janet Venecz
EXECUTIVE DIRECTOR Jennifer Bussey

Officer compensation and complete director data available with membership.

Top Grant Purposes

ALLOCATION DESIGNATED BY DONOR
$25,000 1 grant
FURTHER ORGS MISSON
$25,000 1 grant
CHARITABLE DONATION
$20,000 2 grants
GENERAL SUPPORT
$10,000 1 grant
LATINO ENTREPRENEUR
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2020 $1.5M $546K $2.8M
2019 $1.6M $2.1M $2.8M
2018 $1.7M $1.4M $3.3M
2017 $471K $506K $3.2M

Between 2017 and 2020, reported annual revenue grew from $471K to $1.5M (+229%), with total assets most recently reported at $2.8M.

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

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