Public Charity

HCPI DEVELOPMENT FUND INC CENTRAL BALTIMORE FUTURE FUND

HCPI DEVELOPMENT FUND INC CENTRAL BALTIMORE FUTURE FUND, of BALTIMORE, MD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $470K in revenue, $1.1M in expenses, $7.5M in total assets. 1 publicly reported grants to this organization, totaling roughly $8K, appear in IRS filings.

EIN: 465504308 BALTIMORE, MD Community & Neighborhood Development NTEE: S20 Latest filing: 2025
Total Revenue$470K
Total Expenses$1.1M
Total Assets$7.5M
Grant Records1
Funding Total$8K
Filing Years2020–2025

Mission

THE PURPOSE OF THE CENTRAL BALTIMORE FUTURE FUND IS TO STIMULATE INCLUSIVE ECONOMIC GROWTH AND ATTRACT INVESTMENT IN THE TEN CENTRAL BALTIMORE NEIGHBORHOODS BY: 1 PARTNERING WITH REINVESTMENT FUND TO MAKE LOANS TO TRANSFORMATIONAL HIGH IMPACT COMMERCIAL, RESIDENTIAL AND NEIGHBORHOOD DEVELOPMENT PROJECTS 2 ACQUIRING AND OFFERING TO DEVELOPERS VACANT AND BLIGHTED PROPERTIES FOR REDEVELOPMENT AND 3 PROVIDING ADVISORY SERVICES TO MEMBERS OF THE PUBLIC THAT FACILITATE A DECREASE OF VACANT AND ABANDONED PROPERTIES IN WAYS THAT SUPPORT COMMUNITY PLANS AND OBJECTIVES.

Where $100 goes at Hcpi Development Fund Inc Central Baltimore Future Fund

How Hcpi Development Fund Inc Central Baltimore Future Fund divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$74 Programs the work itself
$26 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $74 for programs

$74
The purpose of the central Baltimore future fund is to stimulate inclusive economic growth and attract investment in the ten central Baltimore neighborhoods by: 1 partnering with reinvestment…
All program spending
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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.

Sample Grants Received

NEIGHBORHOOD IMPACT INVESTMENT FUND INC
2023
OFFSET THE THIRD-PARTY COSTS ASSOCIATED WITH NIIF LOANS THAT CAN BE A SIGNIFICANT BURDEN TO SMALL DEVELOPERS OR SMALL PROJECTS
$7,998

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

Director Amy Bonitz
Secretary/ED of Related Org Ellen Janes
Director Ernst Valery
Chair emeritus Joseph Mcneely
Treasurer Leon Pinkett Iii
Chairman Michael Pokorny

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$7,998 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $470K $1.1M $7.5M
2024 $1.4M $403K $8.8M
2023 $177K $130K $4.6M
2022 $63K $464K $4.5M
2020 $292K $290K $4.1M

Between 2020 and 2025, reported annual revenue grew from $292K to $470K (+61%), with total assets most recently reported at $7.5M.

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

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