Nonprofit · EIN 23-1861343
HOUSING DEVELOPMENT CORPORATION MIDATLANTIC
Tax-exempt · LANCASTER, PA 17603
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $26,205,605 | $12,605,351 | $13,600,254 | $29,096,448 | $9,683,991 | $19,412,457 |
| December 31, 2024 | 990 | $15,645,508 | $13,384,104 | $2,261,404 | $31,674,053 | $11,476,628 | $20,197,425 |
| December 31, 2023 | 990 | $15,903,025 | $13,394,318 | $2,508,707 | $27,194,557 | $9,245,734 | $17,948,823 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $6,304,276
- Program service revenue
- $10,569,227
- Investment income
- $9,099,970
- Net gain from sales of assets
- $8,063,860
- Other revenue
- $232,132
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $832,751
- Other salaries and wages
- $7,463,902
- Salaries, compensation and benefits (total)
- $10,405,153
- Professional fundraising fees
- $0
- Legal fees
- $88,667
- Accounting fees
- $101,252
- Occupancy
- $106,521
- Travel
- $104,539
- Depreciation
- $59,520
- Program services (functional)
- $10,551,509
- Management and general (functional)
- $1,724,895
- Fundraising (functional)
- $328,947
Balance sheet and other
- Total assets, start of year
- $31,674,053
- Total assets, end of year
- $29,096,448
- Total liabilities, end of year
- $9,683,991
- Net assets, end of year
- $19,412,457
- Land, buildings and equipment
- $1,619,456
- Net assets without donor restrictions
- $19,412,457
- Gross receipts
- $26,345,679
- Employees
- 189
- Volunteers
- 15
- Year formed
- 1971
- State of legal domicile
- PA
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DANA HANCHIN | PRESIDENT/CEO Officer | 40 | $270,085 | $9,453 |
| KIMBERLY KRAUTER | SVP REAL ESTATE DEVELOPMENT Officer | 40 | $189,955 | $15,983 |
| TAMMIE FITZPATRICK | COO Officer | 40 | $162,974 | $11,070 |
| SAM JORDAN | CFO Officer | 40 | $164,250 | $8,980 |
| SHARLENE WOODRUFF | PROPERTY CONTROLLER Officer | 40 | $132,126 | $4,624 |
| LOAIDIA RODRIGUEZ | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| ANGELA STEELE | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| KAREN SHENK | TREASURER & SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| BROOKE BAKER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DIANE ELLIOT | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MICHEL GIBEAULT | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| AAREON A HARLEY-EMERSON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| EDWIN MARTINEZ FELICIANO | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| TYRONE MILLER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BRADLEY PETERS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LISA RIGGS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| DANIEL SANSARY | BOARD MEMBER Trustee or director | 0.5 | $0 |
| RENE SANCHEZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DANA HANCHIN | PRESIDENT/CEO Officer | 40 | $280,500 | $8,307 |
| SHARLENE WOODRUFF | CFO Officer | 40 | $175,298 | $11,483 |
| TAMMIE FITZPATRICK | COO Highest-paid employee | 40 | $169,778 | $11,794 |
| DEBORAH GABLE | V.P RESIDENT SERVICES Highest-paid employee | 40 | $141,839 | $10,073 |
| CLAUDE HICKS | SVP OF REAL ESTATE DEVELOP (THRU 4/24) Officer | 40 | $126,974 | $2,525 |
| DANIEL SANSARY | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| ANGELA STEELE | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| KAREN SHENK | TREASURER & SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| BROOKE BAKER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DIANE ELLIOT | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MICHEL GIBEAULT | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| AAREON AHARLEY-EMERSON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| EDWIN MARTINEZ FELICIANO | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| TYRONE MILLER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BRADLEY PETERS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| LISA RIGGS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| LOAIDIA RODRIQUEZ | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| RENE SANCHEZ | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DANA HANCHIN | PRESIDENT/CEO Officer | 40 | $262,150 | $8,117 |
| CLAUDE HICKS | VP OF REAL ESTATE DEVELOPMENT Officer | 40 | $190,709 | $5,847 |
| SHARLENE WOODRUFF | CFO Officer | 40 | $165,548 | $5,998 |
| TAMMIE FITZPATRICK | COO Highest-paid employee | 40 | $160,664 | $5,158 |
| WENDY SMITH | V.P PROPERTY MANAGEMENT Highest-paid employee | 40 | $148,959 | $5,203 |
| DEBORAH GABLE | V.P RESIDENT SERVICES Highest-paid employee | 40 | $128,758 | $3,931 |
| DANIEL SANSARY | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| ANGELA STEELE | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| MICHAEL SCHOBER | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| KURK BAUMAN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DIANE ELLIOT | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| EDWIN MARTINEZ FELICIANO | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MICHEL GIBEAULT | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| AAREON A HARLEY-EMERSON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| BRADLEY PETERS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| KAREN SHENK | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 8 W KING ST STE 821, LANCASTER, PA 17603-4663
- In care of
- % MICHAEL R CARPER
- Principal officer (990 for 2025)
- DANA HANCHIN, 8 WEST KING ST SUITE 821, LANCASTER, PA 176033824
- Signed the 990
- DANA HANCHIN, PRESIDENT
- Phone
- (717) 291-1911
- Website
- WWW.HDCWEB.ORG
- Return prepared by
- MCKONLY & ASBURY LLP
Mission
HDC'S MISSION IS TO MANAGE AND DEVELOP QUALITY AFFORDABLE HOUSING.
Program accomplishments
- HDC'S PROPERTY MANAGEMENT SERVICES HAS:-SOLID TRACK RECORD OF FINANCIAL RESULTS AND PERFORMANCE-DEDICATED STAFF ENSURING QUALIFIED RESIDENT SELECTION-LICENSED PROFESSIONAL ON-SITE MANAGERS AND EXPERIENCED MAINTENANCE STAFF ON CALL 24 HOURS A DAYHDC PROVIDES LICENSED, PROPERTY MANAGEMENT SERVICES WITH STATE-OF-THE-ART PRACTICES AND SUPERIOR STANDARDS.Expenses $8,171,529 · revenue $8,732,710
- HDC'S REAL ESTATE DEVELOPMENT SERVICES FOCUS ON:-MANAGING ON-TIME AND ON-BUDGET NEW CONSTRUCTION WITH A FOCUS ON RENEWABLE ENERGY-PRESERVING HISTORIC OR TROUBLED PROPERTIES THROUGH ACQUISITIONS AND REHABILITATION-CAPITALIZING ON MULTIPLE FINANCING SOURCESTHROUGH ADAPTIVE RE-USE OF OBSOLETE BUILDINGS, PROPERTY REHABILITATION AND NEW CONSTRUCTION, HDC WORKS WITH COMMUNITIES TO FULFILL THEIR DEVELOPMENT OBJECTIVES. STRONG SUPPORT FROM LENDING INSTITUTIONS AS WELL AS PUBLIC AND PRIVATE PARTNERS HAS ALLOWED HDC TO PURSUE THIS PURPOSE AGGRESSIVELY.HDC'S REAL ESTATE DEVELOPMENT TEAM APPROACHES EACH PROJECT WITH THE UNDERSTANDING THAT HDC WILL BE INVOLVED IN THE PRESERVATION OF OWNERSHIP. WITH THAT IN MIND, DECISIONS ON DESIGN AND PRODUCTS ARE MADE WITH ATTENTION TO LONG-TERM MAINTENANCE, OPERATIONAL EFFICIENCY, AND RESIDENT SATISFACTION.Expenses $1,157,048 · revenue $1,836,517
- HDC'S RESIDENT SERVICES:-STRENGTHEN THE MENTAL, PHYSICAL, FINANCIAL AND EMOTIONAL HEALTH OF OUR RESIDENTS AND COMMUNITIES-TRAINED RESIDENT SERVICES COORDINATORS ADVOCATE AND CONNECT RESIDENTS TO RESOURCES-CONTRIBUTES TO SELF-SUFFICIENCY AND LONG-TERM STABILITY FOR RESIDENTSTHE RESIDENT SERVICES DEPARTMENT PROVIDES ACCESS TO INFORMATION AND SERVICES TO ENCOURAGE GROWTH, INDEPENDENCE, AND STABILITY IN THE COMMUNITIES SERVED.Expenses $1,222,932
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-1861343
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $29,096,448
- Income (IRS master file)
- $26,345,679
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $26,205,605 | $12,605,351 | $29,096,448 | XML |
| 990 | December 2024 | $15,645,508 | $13,384,104 | $31,674,053 | XML |
| 990 | December 2023 | $15,903,025 | $13,394,318 | $27,194,557 | XML |
| 990 | December 2022 | $11,443,531 | $11,202,268 | $24,727,893 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 23-1861343).
Questions about HOUSING DEVELOPMENT CORPORATION MIDATLANTIC
- What is the EIN of HOUSING DEVELOPMENT CORPORATION MIDATLANTIC?
- The employer identification number (EIN) of HOUSING DEVELOPMENT CORPORATION MIDATLANTIC is 23-1861343.
- Is HOUSING DEVELOPMENT CORPORATION MIDATLANTIC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to HOUSING DEVELOPMENT CORPORATION MIDATLANTIC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOUSING DEVELOPMENT CORPORATION MIDATLANTIC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HOUSING DEVELOPMENT CORPORATION MIDATLANTIC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOUSING DEVELOPMENT CORPORATION MIDATLANTIC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HOUSING DEVELOPMENT CORPORATION MIDATLANTIC?
- The 990 for the year ended December 31, 2025 names DANA HANCHIN.
- Who are the officers and directors of HOUSING DEVELOPMENT CORPORATION MIDATLANTIC?
- The 990 for the year ended December 31, 2025 lists 18 people; 5 received compensation from the organization, the highest $270,085 (DANA HANCHIN, PRESIDENT/CEO).
- How much revenue does HOUSING DEVELOPMENT CORPORATION MIDATLANTIC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $26,205,605, expenses of $12,605,351 and total assets of $29,096,448 at year end.
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All nonprofits in LANCASTER · Pennsylvania · Housing and shelter