TO ALLEVIATE AND IMPROVE THE HOUSING CONDITION OF THE NEEDY, PHYSICALLY OR MENTALLY HANDICAPPED, ELDERLY PERSONS AND OTHERS WHOSE HOUSING NEEDS ARE NOT BEING ADEQUATELY MET IN SAN MATEO COUNTY, CA.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.1M
-49.1% YoY
Annual Giving
$2.3M
+114.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.3M
+114.8% YoY
About HIP Housing Development Corporation
Based on IRS filings
HIP Housing Development Corporation is a nonprofit organization focused on Housing & Shelter, based in SAN MATEO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.1M in total assets. In 2024, it awarded 1 grants totaling $2.3M. Net investment income was $499K.
Focus Areas
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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 | $15,054,424 | $29,594,301 | $30,487,933 |
| Revenue | $3,312,065 | $3,309,128 | $17,027,307 |
| Expenses | $18,012,891 | $4,707,438 | $5,025,916 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $499,373 | $374,050 | $230,760 |
| 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 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Human Investment Project Inc ($2,270,341).
| Recipient | Purpose | Amount |
|---|---|---|
| HUMAN INVESTMENT PROJECT INC SAN MATEO, CA | GNRL SUPPORT: LOW INC HSG | $2,270,341 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATE COMFORT HARR | Executive Dir. | 16 | $77,045 |
| GHION DESSIE | Controller | 16 | — |
| LAUREN BORO | President | 0.5 | — |
| NANCY BUSH | Treasurer | 0.5 | — |
| DIANNE WHITAKER | Secretary | 0.5 | — |
| AARON AKNIN | Director | 0.5 | — |
| LATISA BROOKS | Director | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is HIP Housing Development Corporation?
HIP Housing Development Corporation is a nonprofit organization focused on Housing & Shelter, based in SAN MATEO, CA. It holds $15.1M in total assets as of 2024.
How large is HIP Housing Development Corporation?
As of 2024, HIP Housing Development Corporation holds $15.1M in total assets with $3.3M in annual revenue. It awarded 1 grants totaling $2.3M in 2024.
Where does HIP Housing Development Corporation operate?
HIP Housing Development Corporation has awarded grants in California.
What size grants does HIP Housing Development Corporation award?
In 2024, HIP Housing Development Corporation awarded 1 grants totaling $2.3M — an average of about $2.3M per grant, based on its IRS Form 990 filings.
What is HIP Housing Development Corporation's EIN?
HIP Housing Development Corporation's EIN (Employer Identification Number) is 94-3159161. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in HIP Housing Development Corporation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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