Incommon Housing Development Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
OUR MISSION IS TO BUILD STRONG NEIGHBORHOODS WHERE PEOPLE OF ALL INCOMES CAN ACHIEVE THEIR FULL POTENTIAL BY PRIMARILY DEVELOPING AND OPERATING HIGH QUALITY AFFORDABLE, MIXED INCOME AND WORKFORCE HOUSING; PROMOTING NEIGHBORHOOD DEVELOPMENT THROUGH INVESTMENTS THAT GENERATE PERMANENT JOBS; STEWARDING PERMANENTLY AFFORDABLE HOMES TO FOSTER THE ACCRETION OF NEW GENERATIONAL WEALTH; AND BY PLANNING AND IMPLEMENTING OTHER ECONOMIC PROGRAMS AND COMMUNITY FORMATION INITIATIVES CRITICAL TO THESE PURPOSES.
- Income
- $375,408
- Spending
- $437,139
- Spent on programs
- 100%
- Reserves
- -50.3 months of spending
- Largest source of income
- donations and private grants, 97%
- Employees
- 2
- Volunteers
- 63
- Highest pay
- $98,214, project manager
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 32 out of 100. Higher than 18% of charities in its peer group (housing, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 97% of what it owns.
Living within its means
0 of 15Spending exceeded income by 16% of income.
Income trend
15 of 15Income rose 39% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 88% of charities in its peer group (housing, $250k to $1m).
Independent board
25 of 254 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $437,139 spent. THE MISSION OF INCOMMON HOUSING IS TO "STRENGTHEN VULNERABLE NEIGHBORHOODS BY DEVELOPING AND PRESERVING AFFORDABLE, DIGNIFIED HOUSING." THIS IS ACCOMPLISHED BY DEVELOPING HOUSING THAT PRIORITIZES NEIGHBORHOOD VOICES, IS THOUGHTFULLY DESIGNED, CONTRIBUTES TO THE COMMUNITY, AND FOSTERS STABILITY. INCOMMON HOUSING SUPPORTS INCOMMON COMMUNITY DEVELOPMENT IN ADDRESSING NEIGHBORS' CRITICAL NEED FOR AFFORDABLE HOUSING AS THE OVERALL MISSION OF GRASSROOTS NEIGHBORHOOD REVITALIZATION IS ADVANCED. THE PRIMARY OBJECTIVE OF INCOMMON HOUSING IS TO DEVELOP NEW AND PRESERVE EXISTING MULTI- AND SINGLE-FAMILY HOUSING BENEFITTING LOW-INCOME NEIGHBORS. IN 2024, 206 NEIGHBORS WERE PROVIDED DIGNIFIED, AFFORDABLE HOUSING THROUGH THE WORK OF INCOMMON HOUSING. SINCE ITS FOUNDING IN 2022, INCOMMON HOUSING HAS FINALIZED THE HANSCOM & GEORGIA ROW APARTMENTS, WHICH PROVIDES 76-UNITS OF HOUSING FOR OVER 100 NEIGHBORS AND HAS LAUNCHED THE COMMUNITY LAND TRUST, A NEW NON-PROFIT THAT SUPPORTS HOMEOWNERSHIP OPPORTUNITIES WITHIN INCOMMON'S NEIGHBORHOODS. INCOMMON HOUSING IS ALSO DEVELOPING NEW, AFFORDABLE, MULTI-FAMILY HOUSING WITHIN THE PARK AVENUE NEIGHBORHOOD, WHICH WILL PROVIDE 121 RESIDENTIAL UNITS AND 4,000 SQUARE FEET OF COMMERCIAL SPACE.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.