Mission
To alleviate and improve the housing condition of the needy, physically or mentally handicapped, elderly persons and others whose housing needs are not being adequately met in San Mateo County, CA.
Public Charity
HIP Housing Development Corporation
Based in San Mateo, CA, HIP Housing Development Corporation operates as a Public Charity. The organization reported $5.1M in revenue, $5.7M in expenses, $14.5M in total assets for fiscal year 2025. Imperigo tracks 24 reported grant relationships connected to this organization totaling approximately $1.4M.
EIN: 943159161
San Mateo, CA
Housing Search Assistance
NTEE: L30
Latest filing: 2025
Total Revenue$5.1M
Total Expenses$5.7M
Total Assets$14.5M
Grant Records24
Funding Total$1.4M
Filing Years2021–2025
Where $100 goes at HIP Housing Development Corporation
How HIP Housing Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$95
Programs
the work itself
$5
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 $95 for programs
$53
The corporation operates thirteen apartment buildings in San Mateo county consisting of 140 units for low and moderate income persons
$21
The corporation serves as a general partner in two limited partnerships which provide 92 units of low-income housing in San Mateo, California
$21
The corporation sponsors construction and management of low and moderate income housing projects in San Mateo County
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
General Support: Low Inc Housing
$154,680
HOUSING, SHELTER
$31,500
GENERAL SUPPORT: LOW INC HSG
$115,500
HOUSING, SHELTER
$17,000
GENERAL SUPPORT: LOW INC HSG
$107,340
Showing up to 5 of 24 total records — full history available with membership.
Officers & Directors
Director
Aaron Aknin
Secretary
Dianne Whitaker
VP of Finance
Ghion Dessie
Executive Director
Kate Comfort Harr
Director
Latisa Brooks
President
Lauren Boro
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $5.1M | $5.7M | $14.5M |
| 2024 | $3.3M | $18.0M | $15.1M |
| 2023 | $3.3M | $4.7M | $29.6M |
| 2022 | $17.0M | $5.0M | $30.5M |
| 2021 | $4.9M | $3.7M | $16.0M |
Between 2021 and 2025, reported annual revenue grew from $4.9M to $5.1M (+4%), with total assets most recently reported at $14.5M.
Interactive year-over-year charts and full filing details available with membership.