Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 33-2481965

RAISE HOUSING DEVELOPMENT CORPORATION

Tax-exempt · LORAIN, OH 44052

Financials

$5.4M$02025
Revenue Expenses · by fiscal year end
Financials of RAISE HOUSING DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$5,371,250$0$5,371,250$5,371,250$0$5,371,250
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$5,000,000
of which government grants
$5,000,000
Program service revenue
$371,250
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$5,371,250
Total liabilities, end of year
$0
Net assets, end of year
$5,371,250
Net assets without donor restrictions
$5,371,250
Gross receipts
$5,371,250
Employees
0
Volunteers
0
Year formed
2024
State of legal domicile
OH

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.

NameTitleHours / weekCompensation
Judith CarlinPresident
Trustee or director, Officer
0.8$0
Gale SayersProxy Secretary
Trustee or director, Officer
0.8$0
Linda DavisTrustee
Trustee or director
0.8$0
Monet RobertsTrustee
Trustee or director
0.8$0
Lee KolczunTrustee
Trustee or director
0.8$0
Teja BenejanTrustee
Trustee or director
0.8$0
Michael WitteTrustee
Trustee or director
0.8$0

Address and contacts

Address (IRS master file)
1600 KANSAS AVE, LORAIN, OH 44052-3366
In care of
% JUDITH CARLIN
Principal officer (990 for 2025)
Judith Carlin, 1600 Kansas Avenue, Lorain, OH 44052
Signed the 990
Judith Carlin, CEO
Phone
(440) 288-1600
Return prepared by
Zupka & Associates

Mission

Raise Housing Development Corporation (RHDC), an Ohio nonprofit corporation, was incorporated by Lorain Metropolitan Housing Authority(Authority) to assist the Authority in its goal of promoting and advancing the development of affordable housing and living options essential forindividuals and families to thrive. RHDC will undertake three main activities (1) acquiring, constructing, and developing affordable housingprojects, (2) providing residential and community supportive services to residents, and (3) managing affordable housing projects.

990 for the year ended December 31, 2025

Program accomplishments

  • Raise Housing Development Corporation (RHDC) served as co-developer for a 174 unit, affordable housing rehabilitation that began construction December 2026 and is projected to be complete in October 2027.
    revenue $371,250

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
33-2481965
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2025
Accounting year ends
December
Files
Form 990 or 990-EZ

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$5,371,250$0$5,371,250XML

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 33-2481965).

Questions about RAISE HOUSING DEVELOPMENT CORPORATION

What is the EIN of RAISE HOUSING DEVELOPMENT CORPORATION?
The employer identification number (EIN) of RAISE HOUSING DEVELOPMENT CORPORATION is 33-2481965.
Is RAISE HOUSING DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to RAISE HOUSING DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RAISE HOUSING DEVELOPMENT CORPORATION 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 RAISE HOUSING DEVELOPMENT CORPORATION 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 RAISE HOUSING DEVELOPMENT CORPORATION 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 RAISE HOUSING DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 names Judith Carlin.
Who are the officers and directors of RAISE HOUSING DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does RAISE HOUSING DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $5,371,250, expenses of $0 and total assets of $5,371,250 at year end.

Other nonprofits in LORAIN

All nonprofits in LORAIN · Ohio · Housing and shelter