DHIC Inc
TO BUILD, PROMOTE, AND PRESERVE AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME PERSONS
Financial Overview
From 2024 IRS Form 990-PF · 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 nonprofit organization, 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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $492,718 | $471,283 | $432,739 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Washington Terrace Affordable Housing LLC ($12,290), Beacon Ridge LLC ($10,824), Tryon Grove LLC ($5,596).
| Recipient | Purpose | Amount |
|---|---|---|
| Beacon Ridge LLC Raleigh, NC | Residential Rental Assistance | $10,824 |
| Tryon Grove LLC Raleigh, NC | Residential Rental Assistance | $5,596 |
| Washington Terrace Affordable Housing LLC Raleigh, NC | Residential Rental Assistance | $12,290 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ashleigh Hales | Director | 0.5 | — |
| Betsy Rozakis | Director | 0.5 | — |
| Danny Kadis | Director | 0.5 | — |
| Gordon Grubb | Director | 0.5 | — |
| Jordan Maness | Vice Chair | 0.5 | — |
| Joyce Spivey | Director | 0.5 | — |
| Meghan Melloy | Director | 0.5 | — |
| Miguel Figueras | Director | 0.5 | — |
| Patricia Swasey | Director | 0.5 | — |
| Russell Pierce | Director | 0.5 | — |
| Samone Bullock Dillahunt | Director | 0.5 | — |
| Soberina Traywick | Director | 0.5 | — |
| Steve Evans | Director | 0.5 | — |
| Tyler Craft | Chair | 0.5 | — |
| Utica Cason | Director | 0.5 | — |
| Natalie Britt | SVP | 40 | $176,125 |
| Sharon Lorden | SVP / CFO | 40 | $189,315 |
| William Ward | VP / Treasurer | 40 | $154,527 |
| Yolanda Winstead | President | 40 | $243,655 |
| Atinuke Diver | VP of Resource Development | 40 | $140,355 |
| Joseph Omozokpea | Senior Project Manager | 40 | $106,655 |
| Kayla Rosenburg | Senior Project Manager | 40 | $123,272 |
| Sheila Porter | Assistant Secretary | 40 | $130,973 |
| William Jackson | Director of Asset Management | 40 | $103,250 |
Frequently Asked Questions
How large is DHIC Inc?
As of 2024, DHIC Inc holds $54.3M in total assets with $22.1M in annual revenue. It awarded 3 grants totaling $29K in 2024.
Where does DHIC Inc operate?
DHIC Inc has awarded grants in Massachusetts, North Carolina.
What size grants does DHIC Inc award?
In 2024, DHIC Inc awarded 3 grants totaling $29K — an average of about $10K per grant, based on its IRS Form 990 filings.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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