Hcpi Development Fund Inc logo

Hcpi Development Fund Inc

Foundation · Grantmaker Baltimore, MD EIN: 46-5504308 Website

The purpose of the central baltimore future fund is to stimulate inclusive economic growth and attract investment in the ten central baltimore neighborhoods by: 1 partnering with reinvestment fund to make loans to transformational high impact commercial, residential and neighborhood development projects 2 acquiring and offering to developers vacant and blighted properties for redevelopment and 3 providing advisory services to members of the public that facilitate a decrease of vacant and abandoned properties in ways that support community plans and objectives.

Key facts about Hcpi Development Fund Inc

EIN
46-5504308
Latest 990 filing
Form 990, 2025
Total assets
$7,510,504

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$7.5M

-14.7% YoY

Revenue

$470K

-65.7% YoY

Net Investment Income

$21K

+3.0% YoY

Expenses

$1.1M

+173.0% YoY

About Hcpi Development Fund Inc

Based on IRS filings

Hcpi Development Fund Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in Baltimore, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $7.5M in total assets. Net investment income was $21K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Baltimore

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K0 grants20200 grants20211 grants20220 grants20230 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

1 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M202020212022202320242025
Metric202520242023
Total Assets$7,510,504$8,803,873$4,573,582
Revenue$470,361$1,369,888$176,805
Expenses$1,098,843$402,573$129,724
Qualifying Distributions———
Net Investment Income$21,081$20,464$5,947
Distributable Amount———

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 September 12, 2023)
  2. Added Form 990 for fiscal year 2025 (received by the IRS May 7, 2026)

Leadership & Key People

Officers and directors from IRS filings

Hcpi Development Fund Inc is led by Ellen Janes, Secretary & Executive Director of Related Org since 2022 (on filings since 2020); none of the 8 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Ellen Janes

    Secretary & Executive Director of Related Org

    Secretary → Secretary & Executive Director of Related Org, 2022

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Michael Pokorny

    Chairman

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Amy Bonitz

    Director

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Ernst Valery

    Director

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Peter Jackson

    Director

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Tamir Ezzat

    Director

    On filings since 2023

    0.3 hrs/week

    No compensation reported

  • Joseph McNeely

    Chair Emeritus

    Director → Chairman, 2021

    Chairman → Chair Emeritus, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Leon Pinkett III

    Treasurer

    Director → Treasurer, 2023

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (12)
  • Former: Amanda Kimbers (2021–2023) — Director
  • Former: Joe McNeely (2023) — Chair Emeritus
  • Former: Colin Tarbert (2020–2022) — Director
  • Former: Kristina Williams (2020–2022) — Director
  • Former: Salem Reiner (2020–2022) — Director
  • Former: Seson Taylor-Campbell (2020–2022) — Treasurer
  • Former: Thomas Prevas (2020–2022) — Director
  • Former: Sarah Keogh (2020–2021) — Executive Director
  • Former: Andrew Frank (2020) — Chairman
  • Former: Bill Cole (2020) — Director
  • Former: David Strouse (2020) — Vice President
  • Former: Jalal Greene (2020) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Hcpi Development Fund Inc

How large is Hcpi Development Fund Inc?

Hcpi Development Fund Inc reported $7.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $470K.

What is Hcpi Development Fund Inc?

Hcpi Development Fund Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in Baltimore, MD. It holds $7.5M in total assets as of 2025.

Where does Hcpi Development Fund Inc operate?

Hcpi Development Fund Inc has awarded grants in Maryland.

What is Hcpi Development Fund Inc's EIN?

Hcpi Development Fund Inc's EIN (Employer Identification Number) is 46-5504308. IRS Form 990 filing data is available on this page for 2020–2025.

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

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