Nonprofit · EIN 57-0931971
THE HOUSING DEVELOPMENT CORPORATION OF ROCK HILL
Tax-exempt · ROCK HILL, SC 29731
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $997,268 | $675,252 | $322,016 | $6,312,699 | $1,968,922 | $4,343,777 |
| June 30, 2024 | 990 | $1,289,823 | $961,811 | $328,012 | $4,792,618 | $770,857 | $4,021,761 |
| June 30, 2023 | 990 | $1,103,143 | $825,057 | $278,086 | $5,279,448 | $1,471,114 | $3,808,334 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $777,667
- of which government grants
- $127,412
- Program service revenue
- $206,287
- Investment income
- $13,314
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $675,252
Balance sheet and other
- Total assets, start of year
- $4,792,618
- Total assets, end of year
- $6,312,699
- Total liabilities, end of year
- $1,968,922
- Net assets, end of year
- $4,343,777
- Net assets without donor restrictions
- $4,343,777
- Gross receipts
- $997,268
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1991
- State of legal domicile
- SC
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 |
|---|---|---|---|---|
| CORINNE SFERRAZZA | EXECUTIVE DI Trustee or director, Officer | 10 | $0 | $87,753 |
| WALTER HARDIN | CHAIR Trustee or director, Officer | – | $0 | $0 |
| ANNE LAMBERT | VICE CHAIR Trustee or director, Officer | – | $0 | $0 |
| SANDRA OBOROKUMO | MEMBER Trustee or director | – | $0 | $0 |
| SHARON HINES | MEMBER Trustee or director | – | $0 | $0 |
| THOMAS ROPER | MEMBER Trustee or director | – | $0 | $0 |
| WILL JORDAN | MEMBER Trustee or director | – | $0 | $0 |
| DAVID LEGRANDE | MEMBER Trustee or director | – | $0 | $0 |
| MARY REID | MEMBER Trustee or director | – | $0 | $0 |
| PERRY SUTTON | MEMBER Trustee or director | – | $0 | $0 |
| PHYLLIS FICKLING | MEMBER Trustee or director | – | $0 | $0 |
| NAOMI CARPENTER | MEMBER Trustee or director | – | $0 | $0 |
| BRENT FAULKENBERRY | MEMBER Trustee or director | – | $0 | $0 |
| WARREN BAXTER | MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| CORINNE SFERRAZZA | EXECUTIVE DI Trustee or director, Officer | 10 | $0 | $82,538 |
| WALTER HARDIN | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| ANNE LAMBERT | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| SANDRA OBOROKUMO | MEMBER Trustee or director | 2 | $0 | $0 |
| SHARON HINES | MEMBER Trustee or director | 2 | $0 | $0 |
| THOMAS ROPER | MEMBER Trustee or director | 2 | $0 | $0 |
| WILL JORDAN | MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID LEGRANDE | MEMBER Trustee or director | 2 | $0 | $0 |
| MARY REID | MEMBER Trustee or director | 2 | $0 | $0 |
| PERRY SUTTON | MEMBER Trustee or director | 2 | $0 | $0 |
| PHYLLIS FICKLING | MEMBER Trustee or director | 2 | $0 | $0 |
| NAOMI CARPENTER | MEMBER Trustee or director | 2 | $0 | $0 |
| BRENT FAULKENBERRY | MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| CORINNE SFERRAZZA | TAX OFFICER Trustee or director, Officer | 10 | $0 | $86,902 |
| WALTER HARDIN | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| ANNE LAMBERT | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| SANDRA OBOROKUMO | MEMBER Trustee or director | 2 | $0 | $0 |
| SHARON HINES | MEMBER Trustee or director | 2 | $0 | $0 |
| THOMAS ROPER | MEMBER Trustee or director | 2 | $0 | $0 |
| WILL JORDAN | MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID LEGRANDE | MEMBER Trustee or director | 2 | $0 | $0 |
| MARY REID | MEMBER Trustee or director | 2 | $0 | $0 |
| PERRY SUTTON | MEMBER Trustee or director | 2 | $0 | $0 |
| PHYLLIS FICKLING | MEMBER Trustee or director | 2 | $0 | $0 |
| NAOMI CARPENTER | MEMBER Trustee or director | 2 | $0 | $0 |
| KATHY PENDER | MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 11706, ROCK HILL, SC 29731-1706
- In care of
- % DREW COOPER
- Principal officer (990 for 2024)
- CORINNE SFERRAZZA, PO BOX 11706, ROCK HILL, SC 29731
- Signed the 990
- CORINNE SFERRAZZA, EXECUTIVE DIRECTOR
- Phone
- (803) 326-2463
- Website
- HDCRH.ORG
- Return prepared by
- BURKETT BURKETT & BURKETT CPAS PA
Mission
THE ORGANIZATION HELPS LOW AND MODERATE INCOME PERSONS BECOME HOMEOWNERS BY BUYING HOMES, SELLING THEM TO INCOME-QUALIFIED BUYERS AND REUSING SALES PROCEEDS TO BUILD MORE HOMES. THE ORGANIZATION ALSO CONDUCTS PRE-PURCHASE FINANCIAL COUNSELING AND OFFERS DOWN PAYMENT AND CLOSING COST ASSISTANCE FUNDED BY FEDERAL GRANTS. IT ALSO USES COMMUNITY DEVELOPMENT BLOCK GRANT FUNDING TO REHABILITATE OWNER-OCCUPIED OLDER HOMES.
Program accomplishments
- THE ORGANIZATION HELPS LOW AND MODERATE INCOME PERSONS BECOME HOMEOWNERS BY BUYING HOMES, SELLING THEM TO INCOME-QUALIFIED BUYERS AND REUSING SALES PROCEEDS TO BUILD MORE HOMES. THE ORGANIZATION ALSO CONDUCTS PRE-PURCHASE FINANCIAL COUNSELING AND OFFERS DOWN PAYMENT AND CLOSING COST ASSISTANCE FUNDED BY FEDERAL GRANTS. IT ALSO USES COMMUNITY DEVELOPMENT BLOCK GRANT FUNDING TO REHABILITATE OWNER-OCCUPIED OLDER HOMES.Expenses $675,252 · revenue $206,287
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
- 57-0931971
- 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
- 1991
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $6,312,699
- Income (IRS master file)
- $997,268
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $997,268 | $675,252 | $6,312,699 | XML |
| 990 | June 2024 | $1,289,823 | $961,811 | $4,792,618 | IRS |
| 990 | June 2023 | $1,103,143 | $825,057 | $5,279,448 | XML |
| 990 | June 2022 | $1,357,523 | $811,360 | $5,179,513 | IRS |
| 990 | June 2021 | – | – | – | 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 57-0931971).
Questions about THE HOUSING DEVELOPMENT CORPORATION OF ROCK HILL
- What is the EIN of THE HOUSING DEVELOPMENT CORPORATION OF ROCK HILL?
- The employer identification number (EIN) of THE HOUSING DEVELOPMENT CORPORATION OF ROCK HILL is 57-0931971.
- Is THE HOUSING DEVELOPMENT CORPORATION OF ROCK HILL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to THE HOUSING DEVELOPMENT CORPORATION OF ROCK HILL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE HOUSING DEVELOPMENT CORPORATION OF ROCK HILL 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 THE HOUSING DEVELOPMENT CORPORATION OF ROCK HILL 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 THE HOUSING DEVELOPMENT CORPORATION OF ROCK HILL 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 THE HOUSING DEVELOPMENT CORPORATION OF ROCK HILL?
- The 990 for the year ended June 30, 2025 names CORINNE SFERRAZZA.
- Who are the officers and directors of THE HOUSING DEVELOPMENT CORPORATION OF ROCK HILL?
- The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does THE HOUSING DEVELOPMENT CORPORATION OF ROCK HILL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $997,268, expenses of $675,252 and total assets of $6,312,699 at year end.
Other nonprofits in ROCK HILL
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- CATAWBA AREA COALITION FOR THE HOMELESS EIN 35-2575605 · last filed 990 for 2025
- LIFE HOUSE WOMENS SHELTER EIN 86-3367602 · last filed 990 for 2025
- THE HAVEN MENS SHELTER INC EIN 20-5867184 · last filed 990 for 2025
- YORK SENIOR PROPERTIES INC EIN 57-0801866 · last filed 990 for 2025
- CAROLINA HOUSING AND COMMUNITY DEVELOPMENT CORPORATION EIN 47-5155515 · last filed 990 for 2025
- HER PLACE EIN 85-1198039 · last filed 990-EZ for 2024
- NEELYS CREEK RETIREMENT HOMES INC EIN 59-2737691 · last filed 990-N for 2025
All nonprofits in ROCK HILL · South Carolina · Housing and shelter