Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1974.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
69 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
23 people listed on the 990; $1.1M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Yolanda Winstead | $243,655 | $244,426 | $233,398 | $215,000 | $109,154 |
| Sharon Lorden | $189,315 | $189,905 | $181,601 | $169,671 | $162,822 |
| Natalie Britt | $176,125 | $176,670 | $168,875 | $156,945 | $153,866 |
| William Ward | $154,527 | $137,564 | $124,370 | $111,153 | — |
| Atinuke Diver | $140,355 | $133,350 | — | — | — |
| Rodney Brown | — | — | $137,960 | $124,464 | — |
| Sheila Porter | $130,973 | $131,368 | $125,315 | $114,539 | — |
| Michael Rodgers | — | — | $127,240 | $119,327 | — |
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
Develops, builds, and preserves affordable housing communities for low- and moderate-income individuals and families.
Questions for Dhic INC
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These expenses are generated by various developments of low-income housing projects. Moderate and low-income families will occupy the homes upon completion.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $5.9M | $7.0M |
| Land, buildings, equipmentLn 10c | $232 | $0 |
| Total assetsLn 16 | $30.1M | $32.0M |
| LiabilitiesLn 26 | $2.2M | $2.2M |
| Net assetsLn 32 | $27.9M | $29.8M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $840K | $271K | $569K | |
| Other salaries and wagesLn 7 | $1.3M | $999K | $259K | |
| Pension plan contributionsLn 8 | $186K | $115K | $71K | |
| Other employee benefitsLn 9 | $288K | $175K | $113K | |
| Payroll taxesLn 10 | $151K | $93K | $58K | |
| Accounting feesLn 11c | $49K | $49K | ||
| Other fees for servicesLn 11g | $343K | $295K | $48K | |
| Advertising and promotionLn 12 | $40K | $20K | $19K | |
| Office expensesLn 13 | $30K | $25K | $4K | |
| TravelLn 17 | $33K | $26K | $7K | |
| Conferences, conventions and meetingsLn 19 | $4K | $2K | $2K | |
| InterestLn 20 | $7K | $7K | ||
| Depreciation, depletion and amortizationLn 22 | $231 | $231 | ||
| Other expenses (24a–d)Ln 24 | $766K | $718K | $49K | |
| All other expensesLn 24e | $122K | $84K | $39K | |
| Total functional expensesLn 25 | $4.1M | $2.8M | $1.3M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $22.1M | $5.6M | $16.5M | $51.2M | 990 PDF |
| FY2023 | $8.3M | $4.6M | $3.7M | $34.7M | 990 PDF |
| FY2022 | $6.4M | $5.1M | $1.3M | $31.0M | 990 PDF |
| FY2021 Viewing | $6.0M | $4.1M | $1.9M | $29.8M | 990 PDF |
| FY2020 | $5.5M | $4.4M | $1.2M | $27.9M | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $6,009,696 revenue, 12 lines filed
Part VI · Governance 15 of 15 board members independent, no flags
Part VIII · Statement of revenue $6,009,696 across 7 lines filed
Part IX · Statement of functional expenses $4,117,076 across 15 lines filed
Part X · Balance sheet $31,965,470 assets, 13 lines filed
Part XI · Reconciliation of net assets $29,792,313 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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