Credo Housing Development Inc

Public charity · Grantmaker Waterbury, CT EIN: 22-2813920

To address the critical shortage of decent, safe, and affordable housing for low-income households in waterbury.

Key facts about Credo Housing Development Inc

In short: Credo Housing Development Inc gave $285K across 2 grants in 2025 (avg $143K), mostly in Connecticut. Source: 2025 IRS Form 990.

EIN
22-2813920
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$285,000
Grants made (2025)
2
Average grant
$142,500
Median grant
$142,500
Total assets
$558,524
Primary geography
Connecticut (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$559K

-33.0% YoY

Annual Giving

$285K

+10861.5% YoY

Grant Count

2

Avg Grant Size

$143K

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

WaterburyNew Haven

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K0 grants2019 0 grants2020 0 grants2021 0 grants2022 1 grant2023 Total only2024 2 grants2025

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.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Yale University: $250KYale University$250KBasilica of the Immaculate Concepti: $35KBasilica of the ImmaculateConcepti$35K

The largest 2025 recipient was Yale University ($250K). Together the top 2 received $285K.

Grant Size Distribution

3 grants across all recorded years

2<$50K$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 3 (67%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Yale University New Haven, CTEducation for Public$250,000
Basilica of the Immaculate Concepti Waterbury, CTSpiritual Direction$35,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$558,524$833,068$857,735
Revenue$130,899$71,129$127,758
Expenses$397,568$106,512$155,883
Net Investment Income——$61,616

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS June 26, 2026)
  2. Added Form 990 for fiscal year 2019 (received by the IRS May 19, 2020)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS July 24, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS July 10, 2025)

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

Robert Dorr — Executive Di: $40KRobert DorrExecutive Di$40K

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.

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