Logo for "HOUSING INITIATIVE PARTNERSHIP INC"

HOUSING INITIATIVE PARTNERSHIP INC

HOUSING INITIATIVE PARTNERSHIP INC

Hyattsville, MD, US
501(c)3
EIN
52-1596171
Logo for "HOUSING INITIATIVE PARTNERSHIP INC"

HOUSING INITIATIVE PARTNERSHIP INC

Hyattsville, MD, US
501(c)3
EIN
52-1596171

Overview

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Est.

1989

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

Mission Statement

HOUSING INITIATIVE PARTNERSHIP, INC. (HIP) DEVELOPS INNOVATIVE AFFORDABLE HOUSING, REVITALIZES NEIGHBORHOODS AND EQUIPS PEOPLE TO ACHIEVE THEIR HOUSING AND FINANCIAL GOALS. HIP'S VISION IS THAT EVERY PERSON LIVES IN HIGH-QUALITY AFFORDABLE HOUSING IN A THRIVING COMMUNITY.
Revenues

$6.6M

Expenses

$8.5M

Net Income:
-$1.9M
Assets

$38.9M

Liabilities

$33.8M

Net Assets:
+$5.1M
Operating Budget

$8.2M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$15K
Largest grant received
$20K
S
Stephanie Prange Proestel
Board Member
W
Wanda Ellison-Osborne
Board Member
M
Martin Mellett
Board Member

Frequently Asked Questions

What is HOUSING INITIATIVE PARTNERSHIP INC’s budget?
In 2024, HOUSING INITIATIVE PARTNERSHIP INC reported an annual operating budget of around $8.2 million. More detailed financial information is available to registered users.
What causes does HOUSING INITIATIVE PARTNERSHIP INC support?
HOUSING INITIATIVE PARTNERSHIP INC supports work in Housing development and Housing rehabilitation.
Where does HOUSING INITIATIVE PARTNERSHIP INC operate?
HOUSING INITIATIVE PARTNERSHIP INC is headquartered in Hyattsville, MD.
Who funded HOUSING INITIATIVE PARTNERSHIP INC recently?
In 2025, HOUSING INITIATIVE PARTNERSHIP INC received grants from GREATER WASHINGTON COMMUNITY FOUNDATION, THE MORRIS AND GWENDOLYN CAFRITZ FOUNDATION, and THE MORRIS AND GWENDOLYN CAFRITZ FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant HOUSING INITIATIVE PARTNERSHIP INC received in 2024?
The largest grant to HOUSING INITIATIVE PARTNERSHIP INC in 2024 exceeds $20 thousand.
What is HOUSING INITIATIVE PARTNERSHIP INC’s reliance on government grants?
HOUSING INITIATIVE PARTNERSHIP INC relied on government grants for more than 70% of their total revenue in 2024.
Overview
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