Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1993.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
96 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
11 people listed on the 990; $917K paid to officers and key staff (Part VII, Section A).
Compensation history total reportable pay by year · 6 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2020 |
|---|---|---|---|
| Ted Handel | $288,493 | $262,500 | $230,161 |
| Laura Vandeweghe | — | $242,500 | $198,625 |
| Terri O'Hara | $170,342 | $142,900 | — |
| Erin Foreman | $170,151 | $152,500 | — |
| Nicole Willick | $164,651 | $150,600 | — |
| Emmanuel Choice | $123,719 | $115,000 | — |
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.
See Decro Corporation executive salaries →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
Provides affordable, safe housing and services for low-income families and seniors.
Questions for Decro Corporation
Your first name shows with your question. Decro Corporation answers here, for everyone.
As of december 31, 2024, the corporation or the corporation's wholly owned entities are the general partner, co-general partner, development general partner AND/OR limited partner in 24 entities which all operate or intend to operate low-income affordable housing projects.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 33-0362163) · Dispute this lineFunders
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 | $7.8M | $5.8M |
| InvestmentsLn 11–13 | $7K | $18K |
| Land, buildings, equipmentLn 10c | $236.3M | $258.9M |
| Total assetsLn 16 | $254.6M | $276.5M |
| LiabilitiesLn 26 | $244.2M | $271.3M |
| Net assetsLn 32 | $10.4M | $5.2M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $294K | $294K | ||
| Other salaries and wagesLn 7 | $2.0M | $1.9M | $128K | |
| Other employee benefitsLn 9 | $298K | $298K | ||
| Payroll taxesLn 10 | $493K | $410K | $83K | |
| Management feesLn 11a | $754K | $754K | ||
| Legal feesLn 11b | $108K | $108K | ||
| Accounting feesLn 11c | $126K | $123K | $2K | |
| Office expensesLn 13 | $918K | $625K | $294K | |
| OccupancyLn 16 | $10.4M | $10.1M | $275K | |
| Depreciation, depletion and amortizationLn 22 | $4.8M | $4.8M | ||
| InsuranceLn 23 | $56K | $56K | ||
| Other expenses (24a–d)Ln 24 | $153K | $153K | ||
| Total functional expensesLn 25 | $20.4M | $19.6M | $781K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Nov 7, 2025 | $15.2M | $20.4M | −$5.2M | $5.2M | 990 PDF |
| FY2023Filed with the IRS Nov 14, 2024 | $10.8M | $17.5M | −$6.7M | $10.4M | 990 PDF |
| FY2022Filed with the IRS Nov 14, 2023 | $8.1M | $11.1M | −$3.0M | $10.7M | 990 PDF |
| FY2021Filed with the IRS Nov 15, 2022 | $6.8M | $10.8M | −$4.0M | $15.8M | 990 PDF |
| FY2020Filed with the IRS Oct 27, 2021 | $3.0M | $1.6M | $1.4M | $8.0M | 990 PDF |
Schedules filed Part IV
See the full FY2024 990
Part I · Summary $15,231,464 revenue, 12 lines filed
Part VI · Governance 6 of 6 board members independent, no flags
Part VIII · Statement of revenue $15,231,464 across 8 lines filed
Part IX · Statement of functional expenses $20,416,139 across 12 lines filed
Part X · Balance sheet $276,505,417 assets, 15 lines filed
Part XI · Reconciliation of net assets $5,226,702 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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