Public Charity

HIP Housing Affordable Ventures Inc

Based in San Mateo, CA, HIP Housing Affordable Ventures Inc operates as a Public Charity. The organization reported $1.4M in revenue, $1.2M in expenses, $2.3M in total assets for fiscal year 2025. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $43K.

EIN: 911868360 San Mateo, CA Housing Development, Construction & Management NTEE: L20 Latest filing: 2025
Total Revenue$1.4M
Total Expenses$1.2M
Total Assets$2.3M
Grant Records4
Funding Total$43K
Filing Years2021–2025

Mission

To benefit and support Human Investment Project, Inc., a related California nonprofit public benefit corporation, and its exempt purpose of improving housing and lives of people in its community.

Where $100 goes at HIP Housing Affordable Ventures Inc

How HIP Housing Affordable Ventures Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$96 Programs the work itself
$4 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 $96 for programs

$81
The corporation provides low cost consulting, management, advisory, and other housing related services for housing projects serving low-income households
84% of program spending
$15
The corporation provides grants for general support to Human Investment Project, Inc., a California nonprofit public benefit corporation
16% of 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.

Officers & Directors

Director Bruce Bean
VP of Finance Ghion Desse
President Joshua Amoroso
Secretary Kalah Espinoza
Executive Director Kate Comfort Harr
Director Lauren Boro

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$30,440 3 grants
Housing & Homelessness
$12,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.4M $1.2M $2.3M
2024 $899K $1.2M $2.1M
2023 $861K $985K $2.3M
2022 $886K $1.1M $2.5M
2021 $865K $943K $2.7M

Between 2021 and 2025, reported annual revenue grew from $865K to $1.4M (+56%), with total assets most recently reported at $2.3M.

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

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