Housing Development & Neighborhood Preservation Corporation-Ocd
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
DEVELOPMENT & MAINTENANCE OF LOW-INCOME HOUSING PROJECTS & RELATED ACTIVITIES.
- Income
- $2.0 million
- Spending
- $2.2 million
- Spent on programs
- 76%
- Reserves
- -15.7 months of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 12
- Highest pay
- $403,270, ceo
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: 24 out of 100. Higher than 2% of charities in its peer group (housing, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 113% of what it owns.
Living within its means
4 of 15Spending exceeded income by 10% of income.
Income trend
5 of 15Income fell 23% on the year before.
Spending floor
15 of 1576% of spending went to programs.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 78 out of 100. Higher than 32% of charities in its peer group (housing, $1m to $10m).
Independent board
18 of 254 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no 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 (2)
- $1.7 million spent. HDNPC CONTINUES TO MANAGE SEVERAL AFFORDABLE HOUSING DEVELOPMENTS WHICH INCLUDE APPROXIMATELY 500 LOW-INCOME INDIVIDUALS AND FAMILIES AS WELL AS A COMMUNITY CENTER THAT CONDUCTS LIFE SKILLS TRAINING PROGRAMS TO THE TENANTS. THESE PROGRAMS PROVIDE SOCIAL, HEALTH AND ECONOMIC SERVICES TO THEM AND THEIR FAMILIES. SPECIFIC PROGRAMS TARGET YOUTH FOR AFTER-SCHOOL TUTORIAL AND OTHER EDUCATIONAL GROWTH ACTIVITIES SUCH AS COMPUTER LITERACY, SO THAT UNDERSERVED YOUTH MAY HAVE THE TOOLS TO BECOME ACADEMICALLY COMPETITIVE.
- UNDER PLANNING AND DEVELOPMENT, WE ARE WORKING IN IMPLEMENTING ECONOMIC DEVELOPMENTTHROUGH SEVERAL PROPOSED HOUSING SITES, AND WE ARE CURRENTLY WORKING TOWARD ANAYLZING A BEST USE FOR THOSE PROJECT SITES. RESEARCH FOR THOSE SITES INCLUDES HOUSING, EDUCATIONAL FACILITY, MEDICAL FACILITY OR OTHER BEST USE FOR THE BENEFIT OF THE GENERAL AREA AND ITS SURROUNDING POPULATION. SOME OF THESE AREAS INCLUDE BALTIMORE, MD. AND SELMA, AL. IN BALTIMORE, WE ARE DEVELOPING AN ENTIRE CITY BLOCK AND BLIGHTED ROW HOUSES TO BE SOLD TO FIRST TIME HOME OWNERS. IN SELMA, WE ARE STUDYING THE REHABILITATION DEVELOPMENT OF A HISTORIC HOSPITAL AND ITS BEST USE AS AN APARTMENT COMPLEX. ADDITIONALLY, HDNPC IS A MEMBER OF SEVERAL INTERNATIONAL EDUCATIONAL AND HOUSING INDUSTRY GROUPS IN ORDER TO CONTINUE TO BRING BEST IDEALS, IMPLEMENTING THEM INTO OUR PLANNING, DEVELOPMENT AND MANAGEMENT PRACTICES.
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 October 13, 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 July 1979.
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 October 21, 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.