Public Charity

Housing Development Center

Housing Development Center is a nonprofit organization categorized as Public Charity based in Portland, OR. Its most recent IRS filing (2025) reports revenue of $4.2M, expenses of $3.7M, total assets of $6.1M. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $107K.

EIN: 931116265 Portland, OR Housing Development, Construction & Management NTEE: L20 Latest filing: 2025
Total Revenue$4.2M
Total Expenses$3.7M
Total Assets$6.1M
Grant Records7
Funding Total$107K
Filing Years2021–2025

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.

Where $100 goes at Housing Development Center

How Housing Development Center divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$82 Programs the work itself
$18 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 $82 for programs

$64
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…
78% of program spending · Reported in the filing: 8,000 units
$15
Asset managementhdc's asset management team guides clients through the challenges of owning and managing affordable housing and community facilities over the long term
19% of program spending
$2
Hdc community fund
2% of program spending · Reported in the filing: 1,663 units of affordable

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

SR FIN PROJ MGR Ben Loftis
Director Bruce Whiting
Secretary/Treas Bryant Abaricia
SR FIN PROJ MGR Gigi Szabo
DIR OF REAL ESTATE Julie Proksch
DIR OF ASSET MGMT Kimberly Pratnicki

Officer compensation and complete director data available with membership.

Top Grant Purposes

Housing & Homelessness
$107,000 7 grants

Financial Trends

Year Revenue Expenses Assets
2025 $4.2M $3.7M $6.1M
2024 $3.2M $3.3M $5.3M
2023 $3.2M $3.1M $5.3M
2022 $3.2M $2.7M $5.2M
2021 $3.1M $2.9M $4.7M

Between 2021 and 2025, reported annual revenue grew from $3.1M to $4.2M (+35%), with total assets most recently reported at $6.1M.

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

See the full picture for Housing Development Center

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