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Housing Development Corporation Midatlantic

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 231861343 ✦ Lancaster, PA ✦ Designated as a 501(c)(3)

Overview

What is Housing Development Corporation Midatlantic?

Housing Development Corporation Midatlantic is a nonprofit organization located at 8 West King Street Suite 821, Lancaster, PA 17603. Their primary mission is to manage and develop high-quality affordable housing. They boast a strong track record of financial results and performance, ensuring the selection of qualified residents. Their team includes dedicated staff, licensed professional on-site managers, and an experienced maintenance crew available 24/7. HDC's property management services adhere to state-of-the-art practices and maintain superior standards, demonstrating their commitment to affordable housing.


Official website here: www.hdcweb.org

Is Housing Development Corporation Midatlantic legitimate?

Housing Development Corporation Midatlantic is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Development Corporation Midatlantic submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $637,629
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,172,061

For more financial information, click here


Official website here: www.hdcweb.org

What is the mission statement of Housing Development Corporation Midatlantic?

Housing Development Corporation Midatlantic's mission is centered around managing and developing quality affordable housing. Their property management services are renowned for their financial success and performance, with a dedicated team ensuring that only qualified residents are selected. The corporation is staffed with licensed, professional on-site managers and an experienced maintenance team available 24 hours a day. Their practices and standards are at the forefront of the industry, using state-of-the-art methods to provide superior service.


Official website here: www.hdcweb.org

Who is the CEO of Housing Development Corporation Midatlantic?

Dana Hanchin is the Chairman of Housing Development Corporation Midatlantic. The CEO's salary of Housing Development Corporation Midatlantic is $245,000 and their total compensation is $254,090.


Official website here: www.hdcweb.org

What is the revenue of Housing Development Corporation Midatlantic?

Housing Development Corporation Midatlantic's revenue in 2022 was $11,443,531.


Official website here: www.hdcweb.org

Who are the executives of Housing Development Corporation Midatlantic and what are their salaries?

The average compensation at Housing Development Corporation Midatlantic during 2022 was $35,824. There are 218 employees and 11 volunteers at Housing Development Corporation Midatlantic.

Here are 19 key members and their salaries (Housing Development Corporation Midatlantic's CEO's salary is $245,000 and their total compensation is $254,090):

    Dana Hanchin (President/Ceo)
  • Compensation: $245,000
  • Related: $0
  • Other: $9,090

    • Claude Hicks (Vp Of Real Estate De)
  • Compensation: $189,135
  • Related: $0
  • Other: $14,182

    • Sharlene Woodruff (Cfo)
  • Compensation: $160,433
  • Related: $0
  • Other: $19,789

    • Wendy Smith (V.P Property Management)
  • Compensation: $148,972
  • Related: $0
  • Other: $13,781

    • Kimberly Fletcher (V.P Human Resources)
  • Compensation: $122,743
  • Related: $0
  • Other: $12,053

    • Ian Rawhauser (Director Of Real Estate Strategy)
  • Compensation: $104,464
  • Related: $0
  • Other: $16,256

    • Deborah Gable (V.P Resident Services)
  • Compensation: $106,540
  • Related: $0
  • Other: $11,668

    • Tammie Fitzpatrick (Director Of Real Estate Operation)
  • Compensation: $107,192
  • Related: $0
  • Other: $10,053

    • Diane Elliot (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Kollias (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Schober (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Steele (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edwin Martinez Feliciano (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michel Gibeault (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debra Johnson (Borad Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bradley Peters (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Loaida Rodriquez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Sansary (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Shenk (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hdcweb.org

    Where can I find the form 990 for Housing Development Corporation Midatlantic?

    The Housing Development Corporation Midatlantic’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hdcweb.org

    Learn more at the official website: www.hdcweb.org

    Mission Statement of Housing Development Corporation Midatlantic

    Housing Development Corporation Midatlantic, abbreviated as HDC, is committed to managing and developing high-quality, affordable housing. Their mission is not just about providing housing, but ensuring it meets superior standards and delivers satisfactory financial results. HDC achieves this through a dedicated team of staff, who meticulously select qualified residents and oversee the property. Their on-site managers are licensed professionals, while their maintenance team is available round the clock, ensuring prompt response to any issues. HDC's approach to property management is characterized by state-of-the-art practices and adherence to superior standards, aiming to provide its residents with a comfortable and secure living environment.

    Impact

    This information is meant to be a general summary of Housing Development Corporation Midatlantic. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Housing Development Corporation Midatlantic has a significant impact on the community by managing and developing quality affordable housing in Lancaster, PA. Through their property management services, they have demonstrated a solid track record of financial results and performance. Their dedicated staff ensures qualified resident selection, and licensed professional on-site managers and experienced maintenance staff are available 24 hours a day. By providing state-of-the-art practices and superior standards in property management, HDC contributes to the provision of safe and affordable housing options for individuals and families in need.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $428,076
  • Program Service Revenue: $8,997,985
  • Gross Receipts: $11,443,531

    • Assets and Liabilities:
  • Total Assets: $24,727,893
  • Total Liabilities: $8,106,326
  • Net Assets: $16,621,567
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    REIMBURSED PERSONNEL

    Revenue

    $5,500,192

    MANAGEMENT FEES

    Revenue

    $2,143,593

    DEVELOPMENT FEES

    Revenue

    $1,289,891

    ON CALL REVENUE

    Revenue

    $46,170

    SERVICE AND CONSULTING FEES

    Revenue

    $18,139

    Organization Details

    Founding Year

    1971

    Principal Officer

    Dana Hanchin

    Main Address

    8 WEST KING STREET SUITE 821, LANCASTER, PA, 17603

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Housing Development Corporation Midatlantic and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.