Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1984.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
72 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
27 people listed on the 990; $1.4M paid to officers and key staff.
Jamie Smarr’s $403K as President & CEO is at the 99th percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Jamie Smarr | $402,959 | $341,154 | $139,427 | — | — |
| Daniel Martin | — | — | $253,604 | $365,980 | $291,406 |
| Shelia Martin | $64,077 | $240,432 | $286,412 | $202,119 | $146,355 |
| Theresa Omansky | $271,157 | $211,022 | $137,683 | — | — |
| Adam Gold | $227,985 | $173,746 | $181,730 | $167,595 | $141,400 |
| Esther Toporovsky | — | $151,484 | $209,364 | $194,710 | $58,163 |
| John Abramo | $194,570 | $164,786 | $176,138 | $171,416 | $150,490 |
| Crystal Kay | — | — | $50,338 | $175,910 | $145,900 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Builds and preserves affordable housing to revitalize New York City neighborhoods.
Questions for Housing Partnership Development Corporation
Your first name shows with your question. Housing Partnership Development Corporation answers here, for everyone.
Know this org? Add your story
During the year 2024, housing partnership development corporation (HPDC) has successfully continued its work to increase the supply of low and moderate proceed housing in the nyc metro area through new housing production, preservation and rehabilitation of distressed properties as well as rental housing.
Prospective home buyers were provided with counseling courses to educate them in the advantages of home ownership, financial planning and understanding debt.
Prospective home buyers were provided with counseling courses to educate them in the advantages of home ownership, financial planning and understanding DEBT.WE are focusing on the intersection of affordable housing and energy investment.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $4.3M | $3.4M |
| InvestmentsLn 11–13 | $1.8M | $1.9M |
| Land, buildings, equipmentLn 10c | $182K | $141K |
| Total assetsLn 16 | $10.5M | $9.5M |
| LiabilitiesLn 26 | $3.7M | $3.4M |
| Net assetsLn 32 | $6.8M | $6.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $1.6M | $1.3M | $167K | $155K |
| Other salaries and wagesLn 7 | $1.8M | $1.5M | $216K | $127K |
| Pension plan contributionsLn 8 | $114K | $59K | $50K | $6K |
| Other employee benefitsLn 9 | $413K | $247K | $139K | $27K |
| Payroll taxesLn 10 | $264K | $167K | $79K | $17K |
| Legal feesLn 11b | $10K | $3K | $6K | $1K |
| Accounting feesLn 11c | $232K | $68K | $139K | $25K |
| Lobbying feesLn 11d | $24K | $7K | $14K | $3K |
| Other fees for servicesLn 11g | $378K | $277K | $85K | $16K |
| Advertising and promotionLn 12 | $15K | $15K | ||
| Office expensesLn 13 | $159K | $56K | $94K | $9K |
| OccupancyLn 16 | $486K | $359K | $92K | $36K |
| TravelLn 17 | $30K | $12K | $19K | |
| Conferences, conventions and meetingsLn 19 | $40K | $21K | $19K | |
| Depreciation, depletion and amortizationLn 22 | $87K | $63K | $15K | $10K |
| InsuranceLn 23 | $97K | $65K | $30K | $2K |
| Other expenses (24a–d)Ln 24 | $71K | $31K | $39K | $1K |
| Total functional expensesLn 25 | $5.8M | $4.2M | $1.2M | $448K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $5.1M | $5.8M | −$705K | $6.1M | 990 PDF |
| FY2023 | $6.0M | $6.1M | −$70K | $6.8M | 990 PDF |
| FY2022 | $6.3M | $6.1M | $158K | $6.9M | 990 PDF |
| FY2021 | $4.9M | $4.5M | $387K | $6.7M | 990 PDF |
| FY2020 | $4.4M | $4.4M | $44K | $6.3M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $5,144,863 revenue, 12 lines filed
Part VI · Governance 20 of 20 board members independent, no flags
Part VIII · Statement of revenue $5,144,863 across 9 lines filed
Part IX · Statement of functional expenses $5,849,853 across 17 lines filed
Part X · Balance sheet $9,496,209 assets, 17 lines filed
Part XI · Reconciliation of net assets $6,143,848 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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