Credo Housing Development Inc
To address the critical shortage of decent, safe, and affordable housing for low-income households in waterbury.
Credo Housing Development Inc at a glance
In short: Credo Housing Development Inc gave $285K across 2 grants in 2025 (avg $143K), mostly in Connecticut. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $285,000
- +10861.5% vs 2024
- Grants made (2025)
- 2
- Average grant
- $142,500
- Median grant
- $142,500
- Total assets
- $558,524
- -33.0% vs 2024
- Primary geography
- Connecticut (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Credo Housing Development Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Yale University ($250K). Together the top 2 received $285K.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $3K (2024) to $285K (2025). In 2025 it made 2 grants totaling $285K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Yale University New Haven, CT | Education for Public | $250,000 |
| Basilica of the Immaculate Concepti Waterbury, CT | Spiritual Direction | $35,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $558,524 | $130,899 | $397,568 | $285,000 | 2 | — |
| 2024 | $833,068 | $71,129 | $106,512 | $2,600 | Total only | — |
| 2023 | $857,735 | $127,758 | $155,883 | $15,000 | 1 | $61,616 |
| 2022 | $898,668 | $300,649 | $141,915 | — | — | $205,211 |
| 2021 | $744,633 | $136,885 | $126,574 | — | — | — |
| 2020 | $737,322 | $134,698 | $127,124 | — | — | — |
| 2019 | $735,748 | $202,180 | $129,819 | — | — | — |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Credo Housing Development Inc
Based on IRS filings
Credo Housing Development Inc is a public charity focused on Housing & Shelter, based in Waterbury, CT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $559K in total assets. In 2025, it awarded 2 grants totaling $285K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Credo Housing Development Inc is led by Peter Jay Hopson, President on every filing since 2019; 1 of 9 officers listed in 2025 is compensated.
Officers on the 2025 filing
Peter Jay Hopson
President
On filings since 2019
1 hr/week
No compensation reported
Brenda Wynkoop
Director
On filings since 2019
1 hr/week
No compensation reported
Charles Walker
Director
On filings since 2019
1 hr/week
No compensation reported
Daniel Potter
Director
On filings since 2019
1 hr/week
No compensation reported
Elizabeth Petruccione
Director
On filings since 2019
1 hr/week
No compensation reported
Mary Walker
Director
On filings since 2019
1 hr/week
No compensation reported
Robert Dorr
Executive Di
Executive Director → Executive Di, 2020
On filings since 2019
40 hrs/week
$40K (2019) → $40K (2025)
Celia Davis
Secretary
On filings since 2019
1 hr/week
No compensation reported
Jeannette Marchant
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $40K, to Robert Dorr (Executive Di).
Frequently asked questions about Credo Housing Development Inc
How much does Credo Housing Development Inc give each year?
Credo Housing Development Inc gave $285K across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it reported $3K in grants paid.
How large is Credo Housing Development Inc?
Credo Housing Development Inc reported $559K in total assets on its 2025 IRS Form 990. Its revenue that year was $131K.
What is Credo Housing Development Inc?
Credo Housing Development Inc is a public charity focused on Housing & Shelter, based in Waterbury, CT. It holds $559K in total assets as of 2025.
Where does Credo Housing Development Inc operate?
Credo Housing Development Inc has awarded grants in Connecticut.
What is Credo Housing Development Inc's EIN?
Credo Housing Development Inc's EIN (Employer Identification Number) is 22-2813920. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS June 26, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS May 19, 2020)
- Updated Form 990 for fiscal year 2023 (received by the IRS July 24, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 10, 2025)
Live grants for the work Credo Housing Development Inc funds
Housing & Shelter Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Credo Housing Development Inc's focus areas in our free grants database
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