Nonprofit · EIN 58-1820981
HOUSING DEVELOPMENT CORPORATION OF DEKALB
Tax-exempt · DECATUR, GA 30030
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $6,582,895 | $6,709,479 | -$126,584 | $20,552,063 | $9,206,863 | $11,345,200 |
| December 31, 2023 | 990 | $6,019,721 | $5,925,885 | $93,836 | $18,754,683 | $7,283,292 | $11,471,391 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $6,212,961
- Investment income
- $185,828
- Other revenue
- $184,106
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $928,862
- Other salaries and wages
- $3,143,198
- Salaries, compensation and benefits (total)
- $4,921,863
- Professional fundraising fees
- $0
- Legal fees
- $46,080
- Accounting fees
- $87,035
- Travel
- $76,223
- Depreciation
- $67,789
- Program services (functional)
- $6,709,479
Balance sheet and other
- Total assets, start of year
- $18,754,683
- Total assets, end of year
- $20,552,063
- Total liabilities, end of year
- $9,206,863
- Net assets, end of year
- $11,345,200
- Land, buildings and equipment
- $2,255,951
- Net assets without donor restrictions
- $11,345,200
- Gross receipts
- $6,582,895
- Employees
- 0
- Volunteers
- 3
- Year formed
- 1996
- State of legal domicile
- GA
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Corcoran | President Trustee or director, Officer | 40 | $319,320 |
| Eugene P Walker Jr | CEO Trustee or director, Officer | 10 | $208,099 |
| Keri Taylor | VP of Real Estate Officer | 40 | $203,604 |
| Maria Grizzell | VP Asset Management/Secret Officer | 40 | $197,839 |
| Dorothy Williams | Chairperson Trustee or director | 1 | $0 |
| Dr Thomas Coleman | Vice Chairperson Trustee or director | 1 | $0 |
| Willie Beatty | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Corcoran | President Trustee or director, Officer | 40 | $330,755 |
| Keri Taylor | VP of Real Estate Officer | 40 | $226,179 |
| Maria Grizzell | VP Asset Management/Secret Officer | 40 | $222,120 |
| Eugene P Walker Jr | CEO Trustee or director, Officer | 10 | $204,916 |
| Jamie L Gallehue | Property Management Director Highest-paid employee | 40 | $125,559 |
| Dr Glenwood Rosstill 012023 | Director Trustee or director | 1 | $0 |
| Dorothy Williams | Chairperson Trustee or director | 1 | $0 |
| Dr Thomas Coleman | Vice Chairperson Trustee or director | 1 | $0 |
| Willie Beatty | Board Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 124 SOUTH COLUMBIA DRIVE 200, DECATUR, GA 30030-4103
- Principal officer (990 for 2024)
- Eugene P Walker Jr, 124 South Columbia Drive 200, Decatur, GA 30030
- Signed the 990
- Eugene P Walker Jr, CEO
- Phone
- (470) 440-8610
- Return prepared by
- Aprio Advisory Group LLC
Mission
To provide affordable, decent, safe and sanitary dwellings, apartment or other living accommodations for persons of low and moderate income.
Program accomplishments
- Housing Development Corp of Dekalb (HDC) develops, owns, and manages single and multi-family rental properties.Expenses $6,709,479 · revenue $6,397,067
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 | Not 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
- 58-1820981
- 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
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $20,552,063
- Income (IRS master file)
- $6,582,895
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $6,582,895 | $6,709,479 | $20,552,063 | XML |
| 990 | December 2023 | $6,019,721 | $5,925,885 | $18,754,683 | XML |
| 990 | December 2022 | $12,273,653 | $4,674,664 | $19,067,515 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | June 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 58-1820981).
Questions about HOUSING DEVELOPMENT CORPORATION OF DEKALB
- What is the EIN of HOUSING DEVELOPMENT CORPORATION OF DEKALB?
- The employer identification number (EIN) of HOUSING DEVELOPMENT CORPORATION OF DEKALB is 58-1820981.
- Is HOUSING DEVELOPMENT CORPORATION OF DEKALB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to HOUSING DEVELOPMENT CORPORATION OF DEKALB tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOUSING DEVELOPMENT CORPORATION OF DEKALB 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 OF DEKALB 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 HOUSING DEVELOPMENT CORPORATION OF DEKALB last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HOUSING DEVELOPMENT CORPORATION OF DEKALB?
- The 990 for the year ended December 31, 2024 names Eugene P Walker Jr.
- Who are the officers and directors of HOUSING DEVELOPMENT CORPORATION OF DEKALB?
- The 990 for the year ended December 31, 2024 lists 7 people; 4 received compensation from the organization, the highest $319,320 (John Corcoran, President).
- How much revenue does HOUSING DEVELOPMENT CORPORATION OF DEKALB have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $6,582,895, expenses of $6,709,479 and total assets of $20,552,063 at year end.
Other nonprofits in DECATUR
- GLOBAL HEALTH SOLUTIONS INC EIN 20-3674498 · last filed 990 for 2025
- GOODWILL OF NORTH GEORGIA INC EIN 20-8351046 · last filed 990 for 2025
- THE TASK FORCE FOR GLOBAL HEALTH INC EIN 58-1698648 · last filed 990 for 2025
- AGNES SCOTT COLLEGE EIN 58-0566116 · last filed 990 for 2025
- NATIONAL ASSOCIATION OF CHRONIC DISEASE DIRECTORS EIN 73-1328414 · last filed 990 for 2025
- PARTNERSHIP FOR COMMUNITY ACTION INC EIN 58-6049575 · last filed 990 for 2025
- COMMUNITY HOUSING CAPITAL INC EIN 94-3398998 · last filed 990 for 2025
- GOODWILL INDUSTRIES OF N GEORGIA INC EIN 58-0566193 · last filed 990 for 2025