Dhic Inc

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

EIN: 561085131 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

Overview

What is Dhic Inc?

Dhic Inc, a nonprofit organization based in Raleigh, North Carolina, is committed to addressing housing needs for low- and moderate-income families. By engaging in various development projects, they aim to construct affordable homes for these families. Upon completion, these residences will be inhabited by families within this income bracket. Dhic Inc's primary mission is to foster and maintain affordable housing, demonstrating a dedication to improving living conditions for a significant portion of the population. With a workforce of 28 individuals, they strive to make a tangible impact on their community.


Official website here: www.dhic.org

Is Dhic Inc legitimate?

Dhic Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dhic Inc 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: $910,422
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,632,673

For more financial information, click here


Official website here: www.dhic.org

What is the mission statement of Dhic Inc?

Dhic Inc is committed to constructing, promoting, and maintaining affordable housing options for individuals and families with moderate and low incomes. This organization strives to provide affordable living spaces for these groups, ensuring that completion of their housing projects results in occupancy by these families. Their efforts aim to alleviate the financial burden associated with housing for these income groups.


Official website here: www.dhic.org

Who is the CEO of Dhic Inc?

Yolanda C Winstead is the Director of Dhic Inc.


Official website here: www.dhic.org

What is the revenue of Dhic Inc?

Dhic Inc's revenue in 2022 was $6,432,706.


Official website here: www.dhic.org

Who are the executives of Dhic Inc and what are their salaries?

The average compensation at Dhic Inc during 2022 was $90,825. There are 28 employees at Dhic Inc.

Here are 24 key members and their salaries:

    Yolanda Winstead (President)
  • Compensation: $233,398
  • Related: $0
  • Other: $37,609

    • Sharon Lorden (Vice President)
  • Compensation: $181,601
  • Related: $0
  • Other: $30,425

    • Natalie Britt (Vice President)
  • Compensation: $168,875
  • Related: $0
  • Other: $26,841

    • Rodney Brown (Vp Of Asset Mgmt)
  • Compensation: $137,960
  • Related: $0
  • Other: $23,229

    • Sheila Porter (Assistant Secretary)
  • Compensation: $125,315
  • Related: $0
  • Other: $26,489

    • Michael Rodgers (Director Or Re Develop.)
  • Compensation: $127,240
  • Related: $0
  • Other: $20,919

    • William Ward (Treasurer)
  • Compensation: $124,370
  • Related: $0
  • Other: $21,105

    • Kayla Rosenberg (Senior Project Manager)
  • Compensation: $112,698
  • Related: $0
  • Other: $19,787

    • Jennifer Foell (Secretary)
  • Compensation: $76,863
  • Related: $0
  • Other: $16,650

    • Dan Clemmens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gordon Grubb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jordan Manness (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joyce Spivey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russell Pierce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tyler Craft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessee Mccoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Miguel Figueras (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Paul (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mia Bailey (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chico Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betsy Rozakis (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meghan Melo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danny Kadis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.dhic.org

    Where can I find the form 990 for Dhic Inc?

    The Dhic Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.dhic.org

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

    Mission Statement of Dhic Inc

    Dhic Inc, a nonprofit organization, is dedicated to building, promoting, and preserving affordable housing for individuals and families with low and moderate incomes. This mission involves the development of various low-income housing projects, which generate the necessary expenses. Upon completion, these projects will be inhabited by families who fall under the category of moderate and low income. Dhic Inc's mission is vital in providing affordable housing solutions, ensuring that these individuals and families have access to suitable living spaces.

    Impact

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




    Saturday, July 20, 2024

    Dhic Inc's impact lies in its commitment to providing affordable housing for low and moderate-income individuals and families. By building, promoting, and preserving affordable housing projects, Dhic Inc is helping address the critical need for accessible housing options in the community. Through their efforts, they are creating opportunities for individuals and families to have safe and stable homes, ultimately contributing to the overall well-being and vitality of the community.





    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: $432,739
  • Program Service Revenue: $3,532,453
  • Gross Receipts: $6,432,706

    • Assets and Liabilities:
  • Total Assets: $31,913,929
  • Total Liabilities: $950,970
  • Net Assets: $30,962,959
  • Programs

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

    PROJECT DEV FEE

    Revenue

    $2,683,865

    PTNERSHIP MGT. FEE

    Revenue

    $826,541

    HOMEOWNERSHIP COUNSELI

    Revenue

    $22,047

    Organization Details

    Founding Year

    1973

    Principal Officer

    Yolanda C Winstead

    Main Address

    PO BOX 2185, RALEIGH, NC, 27602

    NTEE Category

    Code: L25 - Housing

    If you are a representative of Dhic Inc 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.