Hope Development Company
Hope Development Company is a private foundation, based in Baltimore, MD. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it made $1.6M in qualifying distributions.
Key facts about Hope Development Company
- EIN
- 52-1845968
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $1,052,209
Data from IRS Form 990-PF, 2025; updated October 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.1M
+47.5% YoY
Revenue
$-695,416
+62.5% YoY
Qualifying Distributions
$1.6M
+21.1% YoY
Expenses
—
Under IRS private-foundation payout rules, Hope Development Company reported a distributable amount of $52K for 2025 — the minimum it must pay out in qualifying distributions.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,052,209 | $713,341 | $1,186,911 |
| Revenue | $-695,416 | $-427,872 | $-10,445 |
| Qualifying Distributions | $1,645,497 | $1,358,910 | $1,015,458 |
| Distributable Amount | $51,528 | $41,382 | $54,819 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 16, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 6, 2020)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Hope Development Company is led by Carla Paisley, Executive Director on every filing since 2024; none of the 20 officers listed in 2025 report compensation.
Officers on the 2025 filing
Carla Paisley
Executive Director
On filings since 2024
1 hr/week
No compensation reported
Douglas E. Schmidt
Chair
President → Chair, 2023
On filings since 2019
1 hr/week
No compensation reported
Agnes Arnold
Director
On filings since 2019
1 hr/week
No compensation reported
Alexandra Smith
Director
On filings since 2019
1 hr/week
No compensation reported
Eben Hansel
Director
On filings since 2019
1 hr/week
No compensation reported
Matthew Seward
Director
On filings since 2019
1 hr/week
No compensation reported
Michelle Fields-Hall
Director
On filings since 2019
1 hr/week
No compensation reported
Patrick Lundberg
Director
On filings since 2019
1 hr/week
No compensation reported
Sonja Wells
Director
On filings since 2019
1 hr/week
No compensation reported
Jennifer Nickoles
Director
On filings since 2023
1 hr/week
No compensation reported
Brant Fisher
Director
New on the 2025 filing
1 hr/week
No compensation reported
Dave Marcozzi
Director
New on the 2025 filing
1 hr/week
No compensation reported
Del Jackie Addison
Director
New on the 2025 filing
1 hr/week
No compensation reported
Giuliana Valencia Banks
Director
New on the 2025 filing
1 hr/week
No compensation reported
Jeryl Cole
Director
New on the 2025 filing
1 hr/week
No compensation reported
John Hess
Director
New on the 2025 filing
1 hr/week
No compensation reported
Matt Desantis
Director
New on the 2025 filing
1 hr/week
No compensation reported
Carlos Plazas
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Jason Flippou
Vice Chair
Director → Vice Chair, 2023
On filings since 2019
1 hr/week
No compensation reported
Mark Parker
Secretary
Director → Secretary, 2023
On filings since 2019
1 hr/week
No compensation reported
Former officers (9)
- Former: Anne Stahl (2019–2024) — Director
- Former: Carolyn Krysiak (2019–2024) — Director
- Former: Kari Snyder (2019–2024) — Executive Director
- Former: Robbyn Lewis (2019–2024) — Director
- Former: Bobby Edmondson (2019–2022) — Director
- Former: Daniel O'Connell Tracy (2019–2022) — Secretary
- Former: David S. Knipp (2019–2022) — Director
- Former: Elizabeth Copeland (2019–2022) — Director
- Former: Father Luigi Esposito (2019–2022) — Director
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.
Frequently asked questions about Hope Development Company
How large is Hope Development Company?
Hope Development Company reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $1.6M in qualifying distributions that year, against a required minimum of $52K (roughly 5% of its investment assets).
What is Hope Development Company's EIN?
Hope Development Company's EIN (Employer Identification Number) is 52-1845968. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Hope Development Company by hand.
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