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DHIC Inc

Public charity · Grantmaker Raleigh, NC EIN: 56-1085131 Website

To build, promote, and preserve affordable housing for low and moderate income persons

Key facts about DHIC Inc

In short: DHIC Inc gave $29K across 3 grants in 2024 (avg $10K), mostly in North Carolina. Source: 2024 IRS Form 990.

EIN
56-1085131
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$28,710
Grants made (2024)
3
Average grant
$9,570
Median grant
$10,824
Total assets
$54,264,349
Primary geography
North Carolina (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$54.3M

+53.1% YoY

Annual Giving

$29K

-36.7% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$10K

-36.7% YoY

About DHIC Inc

Based on IRS filings

DHIC Inc is a public charity, based in Raleigh, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $54.3M in total assets. In 2024, it awarded 3 grants totaling $29K. Net investment income was $493K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

RaleighBoston

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2020 0 grants2021 3 grants2022 3 grants2023 3 grants2024

From 2022 to 2024, annual grant giving ranged from $29K (2024) to $45K (2023). In 2024 it made 3 grants totaling $29K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Washington Terrace Affordable Housing LLC: $12KWashington Terrace AffordableHousing LLC$12KBeacon Ridge LLC: $11KBeacon Ridge LLC$11KTryon Grove LLC: $6KTryon Grove LLC$6K

The largest 2024 recipient was Washington Terrace Affordable Housing LLC ($12K). Together the top 3 received $29K.

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 9 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Washington Terrace Affordable Housing LLC Raleigh, NCResidential Rental Assistance$12,290
Beacon Ridge LLC Raleigh, NCResidential Rental Assistance$10,824
Tryon Grove LLC Raleigh, NCResidential Rental Assistance$5,596

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$10M$20M$30M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$54,264,349$35,451,799$31,913,929
Revenue$22,132,443$8,321,223$6,432,706
Expenses$5,639,999$4,607,766$5,101,960
Net Investment Income$492,718$471,283$432,739

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  4. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

DHIC Inc is led by Yolanda Winstead, President on every filing since 2020; 9 of 24 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Yolanda Winstead

    President

    On filings since 2020

    40 hrs/week

    $109K (2020) → $244K (2024)

  • Tyler Craft

    Chair

    Director → Chair, 2023

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • William Jackson

    Director of Asset Management

    New on the 2024 filing

    40 hrs/week

    $103K (2024)

  • Betsy Rozakis

    Director

    Director → Vice Chair, 2022

    Vice Chair → Director, 2023

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Gordon Grubb

    Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Danny Kadis

    Director

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Joyce Spivey

    Director

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Miguel Figueras

    Director

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Russell Pierce

    Director

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Steve Evans

    Director

    On filings since 2022

    0.5 hrs/week

    No compensation reported

  • Ashleigh Hales

    Director

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Samone Bullock Dillahunt

    Director

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Soberina Traywick

    Director

    On filings since 2023

    0.5 hrs/week

    No compensation reported

  • Meghan Melloy

    Director

    New on the 2024 filing

    0.5 hrs/week

    No compensation reported

  • Patricia Swasey

    Director

    New on the 2024 filing

    0.5 hrs/week

    No compensation reported

  • Utica Cason

    Director

    New on the 2024 filing

    0.5 hrs/week

    No compensation reported

  • Natalie Britt

    Senior Vice President

    Vice President → Senior Vice President, 2023

    On filings since 2020

    40 hrs/week

    $154K (2020) → $176K (2024)

  • Sharon Lorden

    Senior Vice President & CFO

    Vice President → Senior Vice President & CFO, 2023

    On filings since 2020

    40 hrs/week

    $163K (2020) → $189K (2024)

  • Sheila Porter

    Assistant Secretary

    On filings since 2021

    40 hrs/week

    $115K (2021) → $131K (2024)

  • William Ward

    Vice President & Treasurer

    Treasurer → Vice President & Tresurer, 2023

    Vice President & Tresurer → Vice President & Treasurer, 2024

    On filings since 2021

    40 hrs/week

    $111K (2021) → $155K (2024)

  • Kayla Rosenburg

    Senior Project Manager

    On filings since 2022

    40 hrs/week

    $113K (2022) → $123K (2024)

  • Atinuke Diver

    Vice President of Resource Development

    On filings since 2023

    40 hrs/week

    $133K (2023) → $140K (2024)

  • Joseph Omozokpea

    Senior Project Manager

    On filings since 2023

    40 hrs/week

    $106K (2023) → $107K (2024)

  • Jordan Maness

    Vice Chair

    Director → Vice Chair, 2023

    On filings since 2020

    0.5 hrs/week

    No compensation reported

Former officers (16)
  • Former: Chico Scott (2020–2023) — Director
  • Former: Meghan Melo (2020–2023) — Director
  • Former: Jesse McCoy (2022–2023) — Director
  • Former: Skip Jackson (2023) — Director of Asset Management
  • Former: Dan Clemmens (2020–2022) — Director
  • Former: Julie Paul (2020–2022) — Director
  • Former: Mia Bailey (2020–2022) — Chair
  • Former: Jennifer Foell (2021–2022) — Secretary
  • Former: Michael Rodgers (2021–2022) — Director Or Re Development
  • Former: Rodney Brown (2021–2022) — Vice President of Asset Management
  • Former: Ashton Smith (2020–2021) — Director
  • Former: Elizabeth Voltz (2020–2021) — Director
  • Former: John Bryson (2020–2021) — Chair
  • Former: Malcolm Lewis (2020–2021) — Director
  • Former: Tim Partridge (2020–2021) — Director
  • Former: Paul Munana (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Yolanda Winstead — President: $244KYolanda WinsteadPresident$244KSharon Lorden — SVP / CFO: $189KSharon LordenSVP / CFO$189KNatalie Britt — SVP: $176KNatalie BrittSVP$176KWilliam Ward — VP / Treasurer: $155KWilliam WardVP / Treasurer$155KAtinuke Diver — VP of Resource Development: $140KAtinuke DiverVP of Resource Development$140KSheila Porter — Assistant Secretary: $131KSheila PorterAssistant Secretary$131KKayla Rosenburg — Senior Project Manager: $123KKayla RosenburgSenior Project Manager$123KJoseph Omozokpea — Senior Project Manager: $107KJoseph OmozokpeaSenior Project Manager$107KWilliam Jackson — Director of Asset Management: $103KWilliam JacksonDirector of Asset Management$103K

The highest reported compensation on the 2024 filing was $244K, to Yolanda Winstead (President). 9 officers or directors reported compensation on that filing.

Frequently asked questions about DHIC Inc

How much does DHIC Inc give each year?

DHIC Inc gave $29K across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $45K across 3 grants.

What is DHIC Inc's typical grant size?

DHIC Inc's median grant in 2024 was $10,824, and its average grant was $9,570, across 3 grants on its 2024 IRS Form 990.

Where does DHIC Inc give grants?

DHIC Inc gives mostly in North Carolina: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Raleigh, NC (3 grants).

Does DHIC Inc give general operating support?

Not in 2024: none of the 3 grants with a stated purpose on DHIC Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Residential Rental Assistance" (3 grants).

How large is DHIC Inc?

DHIC Inc reported $54.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $22.1M.

What is DHIC Inc's EIN?

DHIC Inc's EIN (Employer Identification Number) is 56-1085131. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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