Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1977.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
86 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
15 people listed on the 990; $1.7M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Laura Selby | $767,618 | $299,089 | $218,356 | $283,629 | $206,782 |
| Hipolito Roldan | $429,379 | $548,231 | $410,579 | $513,956 | $368,782 |
| Stephen Porras | $183,392 | $210,040 | $167,672 | $199,258 | $158,540 |
| Paul Mittleman | — | — | — | $209,835 | $152,624 |
| Christian Rodriguez | — | $148,429 | $155,042 | $137,577 | $145,329 |
| Sheri Tucker | $144,287 | $152,220 | $137,494 | — | — |
| Tony Hernandez | $151,573 | — | — | — | — |
| Javier Constantino | $150,632 | — | — | — | — |
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 Hispanic Housing Development 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 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Builds affordable housing and other real estate projects to improve neighborhoods.
Questions for Hispanic Housing Development Corporation
Your first name shows with your question. Hispanic Housing Development Corporation answers here, for everyone.
Management of affordable housing developments that are specifically dedicated to the provision of safe and affordable housing for economically disadvantaged AND/OR minority households. Rental of rehabilitated buildings in economically depressed neighborhoods to various service providers.
Development of real estate projects dedicated to minority AND/OR economically disadvantaged individuals and families in otherwise distressed areas of metropolitan chicago and suburban areas of illinois. Providing for economic development, affordable housing, urban renewal and regentrification.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Federal money
The auditor reported no findings.
Plus 1 smaller program.
The auditor reported no findings.
The auditor reported no findings.
The auditor reported no findings.
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $4.2M | $1.3M |
| Land, buildings, equipmentLn 10c | $20.1M | $18.5M |
| Total assetsLn 16 | $75.4M | $70.1M |
| LiabilitiesLn 26 | $31.8M | $30.1M |
| Net assetsLn 32 | $43.6M | $40.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $20K | $20K | ||
| Pay of current officers, directors and key staffLn 5 | $1.5M | $1.2M | $285K | |
| Other salaries and wagesLn 7 | $3.4M | $2.7M | $638K | |
| Pension plan contributionsLn 8 | $354K | $287K | $67K | |
| Payroll taxesLn 10 | $456K | $370K | $87K | |
| Legal feesLn 11b | $221K | $179K | $42K | |
| Accounting feesLn 11c | $111K | $90K | $21K | |
| Other fees for servicesLn 11g | $1.1M | $883K | $207K | |
| Office expensesLn 13 | $533K | $432K | $101K | |
| Information technologyLn 14 | $81K | $65K | $15K | |
| OccupancyLn 16 | $373K | $302K | $71K | |
| TravelLn 17 | $11K | $9K | $2K | |
| Conferences, conventions and meetingsLn 19 | $114K | $92K | $22K | |
| InterestLn 20 | $266K | $216K | $51K | |
| Depreciation, depletion and amortizationLn 22 | $451K | $366K | $86K | |
| InsuranceLn 23 | $399K | $324K | $76K | |
| Other expenses (24a–d)Ln 24 | $3.3M | $3.3M | $16K | |
| Total functional expensesLn 25 | $12.7M | $10.9M | $1.8M | $16K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Nov 17, 2025 | $15.4M | $12.9M | $2.4M | $44.5M | 990 PDF |
| FY2023 ViewingFiled with the IRS Oct 22, 2024 | $10.5M | $12.7M | −$2.2M | $40.0M | 990 PDF |
| FY2022Filed with the IRS Nov 6, 2023 | $13.5M | $11.6M | $1.9M | $43.6M | 990 PDF |
| FY2021Filed with the IRS Nov 9, 2022 | $15.2M | $11.4M | $3.8M | $57.1M | 990 PDF |
| FY2020Filed with the IRS Nov 15, 2021 | $14.7M | $9.3M | $5.4M | $53.8M | 990 PDF |
Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $10,459,966 revenue, 12 lines filed
Part VI · Governance 8 of 8 board members independent, 1 to look at
Part VIII · Statement of revenue $10,459,966 across 9 lines filed
Part IX · Statement of functional expenses $12,665,770 across 17 lines filed
Part X · Balance sheet $70,053,505 assets, 20 lines filed
Part XI · Reconciliation of net assets $39,952,869 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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