Nonprofit · EIN 46-5504308
HCPI DEVELOPMENT FUND INC
Tax-exempt · BALTIMORE, MD 21218
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $470,361 | $1,098,843 | -$628,482 | $7,510,504 | $2,451,858 | $5,058,646 |
| June 30, 2024 | 990 | $1,369,888 | $402,573 | $967,315 | $8,803,873 | $3,929,704 | $4,874,169 |
| June 30, 2023 | 990 | $176,805 | $129,724 | $47,081 | $4,573,582 | $669,228 | $3,904,354 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $88,599
- of which government grants
- $88,599
- Program service revenue
- $306,477
- Investment income
- $21,081
- Other revenue
- $54,204
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $304,171
- Depreciation
- $81,097
- Program services (functional)
- $676,320
- Management and general (functional)
- $422,523
Balance sheet and other
- Total assets, start of year
- $8,803,873
- Total assets, end of year
- $7,510,504
- Total liabilities, end of year
- $2,451,858
- Net assets, end of year
- $5,058,646
- Land, buildings and equipment
- $5,628,254
- Net assets without donor restrictions
- $5,058,646
- Gross receipts
- $470,361
- Employees
- 0
- Volunteers
- 7
- Year formed
- 2013
- State of legal domicile
- MD
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ELLEN JANES | Secretary/ED of Related Org Trustee or director, Officer | 5 | $0 | $179,712 |
| Michael Pokorny | Chairman Trustee or director, Officer | 0.25 | $0 | $0 |
| Leon Pinkett III | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Amy Bonitz | Director Trustee or director | 0.25 | $0 | $0 |
| Tamir Ezzat | Director Trustee or director | 0.25 | $0 | $0 |
| Peter Jackson | Director Trustee or director | 0.25 | $0 | $0 |
| Joseph McNeely | Chair emeritus Trustee or director | 1 | $0 | $0 |
| Ernst Valery | Director Trustee or director | 0.25 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ELLEN JANES | Secretary/ED of Related Org Trustee or director, Officer | 5 | $0 | $173,056 |
| Michael Pokorny | Chairman Trustee or director, Officer | 1 | $0 | $0 |
| Leon Pinkett III | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Amy Bonitz | Director Trustee or director | 2 | $0 | $0 |
| Tamir Ezzat | Director Trustee or director | 2 | $0 | $0 |
| Peter Jackson | Director Trustee or director | 1 | $0 | $0 |
| Joseph McNeely | Chair emeritus Trustee or director | 1 | $0 | $0 |
| Ernst Valery | Director Trustee or director | 0.25 | $0 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Pokorny | Chairman Trustee or director, Officer | 5 | $0 |
| ELLEN JANES | Secretary/ED of Related Org Trustee or director, Officer | 1 | $0 |
| Leon Pinkett III | Treasurer Trustee or director, Officer | 1 | $0 |
| Amanda Kimbers | Director Trustee or director | 1 | $0 |
| Ernst Valery | Director Trustee or director | 1 | $0 |
| Amy Bonitz | Director Trustee or director | 1 | $0 |
| Tamir Ezzat | Director Trustee or director | 1 | $0 |
| Joe McNeely | Chair emeritus Trustee or director | 1 | $0 |
| Peter Jackson | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 25 EAST 20TH STREET, BALTIMORE, MD 21218-6033
- In care of
- % JOSEPH B MCNEELY
- Principal officer (990 for 2024)
- MICHAEL POKORNY
- Signed the 990
- MICHAEL POKORNY, Chairman
- Phone
- (410) 709-1495
- Website
- CBFUTUREFUND.ORG
- Return prepared by
- C E A SCHOLTES AND ASSOCIATES
Mission
THE PURPOSE OF THE CENTRAL BALTIMORE FUTURE FUND IS TO STIMULATE INCLUSIVE ECONOMIC GROWTH AND ATTRACT INVESTMENT IN THE TEN CENTRAL BALTIMORE NEIGHBORHOODS BY: 1 PARTNERING WITH REINVESTMENT FUND TO MAKE LOANS TO TRANSFORMATIONAL HIGH IMPACT COMMERCIAL, RESIDENTIAL AND NEIGHBORHOOD DEVELOPMENT PROJECTS 2 ACQUIRING AND OFFERING TO DEVELOPERS VACANT AND BLIGHTED PROPERTIES FOR REDEVELOPMENT AND 3 PROVIDING ADVISORY SERVICES TO MEMBERS OF THE PUBLIC THAT FACILITATE A DECREASE OF VACANT AND ABANDONED PROPERTIES IN WAYS THAT SUPPORT COMMUNITY PLANS AND OBJECTIVES.
Program accomplishments
- THE PURPOSE OF THE CENTRAL BALTIMORE FUTURE FUND IS TO STIMULATE INCLUSIVE ECONOMIC GROWTH AND ATTRACT INVESTMENT IN THE TEN CENTRAL BALTIMORE NEIGHBORHOODS BY: 1 PARTNERING WITH REINVESTMENT FUND TO MAKE LOANS TO TRANSFORMATIONAL HIGH IMPACT COMMERCIAL, RESIDENTIAL AND NEIGHBORHOOD DEVELOPMENT PROJECTS 2 ACQUIRING AND OFFERING TO DEVELOPERS VACANT AND BLIGHTED PROPERTIES FOR REDEVELOPMENT AND 3 PROVIDING ADVISORY SERVICES TO MEMBERS OF THE PUBLIC THAT FACILITATE A DECREASE OF VACANT AND ABANDONED PROPERTIES IN WAYS THAT SUPPORT COMMUNITY PLANS AND OBJECTIVES.Expenses $676,320 · revenue $360,681
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 46-5504308
- 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
- 2015
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $7,510,504
- Income (IRS master file)
- $470,361
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $470,361 | $1,098,843 | $7,510,504 | IRS |
| 990 | June 2024 | $1,369,888 | $402,573 | $8,803,873 | IRS |
| 990 | June 2023 | $176,805 | $129,724 | $4,573,582 | XML |
| 990 | December 2022 | $62,953 | $463,757 | $4,532,988 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | 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 46-5504308).
Questions about HCPI DEVELOPMENT FUND INC
- What is the EIN of HCPI DEVELOPMENT FUND INC?
- The employer identification number (EIN) of HCPI DEVELOPMENT FUND INC is 46-5504308.
- Is HCPI DEVELOPMENT FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to HCPI DEVELOPMENT FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HCPI DEVELOPMENT FUND INC 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 HCPI DEVELOPMENT FUND INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HCPI DEVELOPMENT FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of HCPI DEVELOPMENT FUND INC?
- The 990 for the year ended June 30, 2025 names MICHAEL POKORNY.
- Who are the officers and directors of HCPI DEVELOPMENT FUND INC?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does HCPI DEVELOPMENT FUND INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $470,361, expenses of $1,098,843 and total assets of $7,510,504 at year end.
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All nonprofits in BALTIMORE · Maryland · Community improvement and capacity building