Overview

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Est.

1992

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

HIP Housing Development Corporation is a nonprofit organization with the mission to alleviate and improve housing conditions for the needy, physically or mentally handicapped, elderly persons, and others in San Mateo County, California. With an operating budget of $15.7 million and total revenue of $3.3 million for the 2024 filing year, the organization focuses on housing search assistance, public housing, and legal support in courts. It does not rely on a single funder for 50% or more of its revenue.

Mission Statement

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.
Revenues
$3.3M
Expenses
$18M
Net Income:
-$14.7M
Assets
$15.1M
Liabilities
$35.2M
Net Assets:
-$20.1M
Operating Budget
$15.7M
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
3
Median grant size
$100K
Largest grant received
$115.5K
K
Kate Comfort Harr
Board Member
L
Lauren Boro
Board Member
G
Ghion Dessie
Board Member

Frequently Asked Questions

What is HIP Housing Development Corporation’s budget?
In 2024, HIP Housing Development Corporation reported an annual operating budget of around $15.7 million. More detailed financial information is available to registered users.
What causes does HIP Housing Development Corporation support?
HIP Housing Development Corporation supports work in Public housing, Courts, and Housing search assistance.
Where does HIP Housing Development Corporation operate?
HIP Housing Development Corporation is headquartered in San Mateo, CA.
Who funded HIP Housing Development Corporation recently?
In 2024, HIP Housing Development Corporation received grants from Human Investment Project Inc, THE GROVE FOUNDATION, and AMERICAN ENDOWMENT FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant HIP Housing Development Corporation received in 2024?
The largest grant to HIP Housing Development Corporation in 2024 exceeds $116 thousand.
What is HIP Housing Development Corporation’s reliance on government grants?
HIP Housing Development Corporation relied on government grants for more than 10% of their total revenue in 2024.