Nonprofit · EIN 20-0367954
BUILDING HOPE FINANCE
Tax-exempt · WASHINGTON, DC 20006
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $16,881,039 | $8,397,992 | $8,483,047 | $192,949,307 | $102,096,367 | $90,852,940 |
| December 31, 2023 | 990-PF | $39,416,508 | $7,840,903 | $31,575,605 | $157,125,383 | $73,767,166 | $83,358,217 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Other income
- $16,881,039
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $210,314
- Salaries, compensation and benefits (total)
- $1,749,718
- Disbursements for charitable purposes
- $2,822,882
Balance sheet and other
- Total assets, start of year
- $157,125,383
- Total assets, end of year
- $192,949,307
- Total liabilities, end of year
- $102,096,367
- Net assets, end of year
- $90,852,940
- Fair market value of assets
- $192,949,307
- Qualifying distributions
- $28,794,959
- Net investment income
- $4,697,463
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBIN ODLAND 1730 PENNSYLVANIA AVE NW, WASHINGTON, DC 20006 | PRESIDENT | 50 | $456,601 | $0 |
| CECILIA WALKER 1730 PENNSYLVANIA AVE NW, WASHINGTON, DC 20006 | CHIEF CREDIT OFFICER Highest-paid employee | 40 | $176,190 | $3,182 |
| WILLIAM HANSEN 1730 PENNSYLVANIA AVE NW, WASHINGTON, DC 20006 | CHAIR/INTERIM CORP SECRETARY | 11 | $140,193 | $6,241 |
| LANCE HELMING 1730 PENNSYLVANIA AVE NW, WASHINGTON, DC 20006 | CFO/TREASURER | 20 | $135,890 | $9,309 |
| ALI REZA EHSANI 1730 PENNSYLVANIA AVE NW, WASHINGTON, DC 20006 | SENIOR ACCOUNTANT Highest-paid employee | 40 | $104,269 | $5,982 |
| TIM MERRITT 1730 PENNSYLVANIA AVE NW, WASHINGTON, DC 20006 | SVP OF ACCOUNTING | 20 | $101,886 | $0 |
| VANESSA ROWAN 1730 PENNSYLVANIA AVE NW, WASHINGTON, DC 20006 | VP OF FINANCE Highest-paid employee | 40 | $88,674 | $5,458 |
| CANDACE JENKINS 1730 PENNSYLVANIA AVE NW, WASHINGTON, DC 20006 | FINANCIAL ANALYST Highest-paid employee | 40 | $78,709 | $2,209 |
| MICHAEL D'ALESSANDRO 1730 PENNSYLVANIA AVE NW, WASHINGTON, DC 20006 | SECRETARY (THRU 08/2024) | 2 | $77,734 | $2,990 |
| DARIO GRAY 1730 PENNSYLVANIA AVE NW, WASHINGTON, DC 20006 | GRANTS ADMINISTRATOR Highest-paid employee | 40 | $76,228 | $0 |
| RICHARD MORENO 1730 PENNSYLVANIA AVE NW, WASHINGTON, DC 20006 | DIRECTOR | 1 | $8,109 | $256 |
| DRU DAMICO 1730 PENNSYLVANIA AVE NW, WASHINGTON, DC 20006 | DIRECTOR | 1 | $0 | $0 |
990-PF for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBIN ODLAND 1776 EYE ST NW SUITE 200, WASHINGTON, DC 20006 | PRESIDENT | 47 | $332,412 | $116,344 |
| TIM MERRITT 1776 EYE ST NW SUITE 200, WASHINGTON, DC 20006 | VP OF FINANACE | 45 | $226,714 | $11,336 |
| S JOSEPH BRUNO 1776 EYE ST NW, WASHINGTON, DC 20006 | PRESIDENT Highest-paid employee | 40 | $158,257 | $7,913 |
| CECILIA WALKER 1776 EYE ST NW, WASHINGTON, DC 20006 | CHIEF CREDIT OFFICER Highest-paid employee | 40 | $136,997 | $27,399 |
| WILLIAM Hansen 1776 EYE ST NW SUITE 200, WASHINGTON, DC 20006 | CHAIR | 11 | $113,066 | $5,653 |
| ESTHER OWUSU 1776 EYE ST NW, WASHINGTON, DC 20006 | ACCOUNTANT Highest-paid employee | 40 | $52,608 | $2,630 |
| LANCE HELMING 1776 Eye St NW, Washington, DC 20006 | Treasurer | 2 | $13,964 | $2,095 |
| RICHARD MORENO 1776 EYE ST NW SUITE 200, WASHINGTON, DC 20006 | DIRECTOR | 1 | $11,465 | $6,306 |
| MICHAEL D'ALESSANDRO 1776 EYE ST NW SUITE 200, WASHINGTON, DC 20006 | SECRETARY | 2 | $8,264 | $2,892 |
| DRU DAMICO 1776 EYE ST NW SUITE 200, WASHINGTON, DC 20006 | DIRECTOR | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1730 PENNSYLVANIA AVE NW STE 250, WASHINGTON, DC 20006-4736
- In care of
- % TIM MERRITT VP OF FINANCE
- Signed the 990-PF
- Mr Lance Helming, CFO
- Phone
- (202) 457-1995
- Website
- WWW.BUILDINGHOPE.ORG
- Return prepared by
- BDO USA
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 20-0367954
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $192,949,307
- Income (IRS master file)
- $16,881,039
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $16,881,039 | $8,397,992 | $192,949,307 | XML |
| 990-PF | December 2023 | $39,416,508 | $7,840,903 | $157,125,383 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0367954).
Questions about BUILDING HOPE FINANCE
- What is the EIN of BUILDING HOPE FINANCE?
- The employer identification number (EIN) of BUILDING HOPE FINANCE is 20-0367954.
- Is BUILDING HOPE FINANCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to BUILDING HOPE FINANCE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BUILDING HOPE FINANCE file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BUILDING HOPE FINANCE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BUILDING HOPE FINANCE last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of BUILDING HOPE FINANCE?
- The 990-PF for the year ended December 31, 2024 lists 12 people; 11 received compensation from the organization, the highest $456,601 (ROBIN ODLAND, PRESIDENT).
- How much revenue does BUILDING HOPE FINANCE have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $16,881,039, expenses of $8,397,992 and total assets of $192,949,307 at year end.
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