Hope Development Company

Private foundation Baltimore, MD EIN: 52-1845968

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.

Hope Development Company at a glance

Total assets
$1,052,209
+47.5% vs 2024
Revenue (2025)
$-695,416
+62.5% vs 2024
Qualifying distributions (2025)
$1,645,497
+21.1% vs 2024
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueQualifying DistributionsDistributable Amount
2025$1,052,209$-695,416$1,645,497$51,528
2024$713,341$-427,872$1,358,910$41,382
2023$1,186,911$-10,445$1,015,458$54,819
2022$426,926$-108,585$719,688$17,390
2021$191,808———

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.

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.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 16, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  5. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  6. Added Form 990-PF for fiscal year 2019 (received by the IRS July 6, 2020)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Hope Development Company's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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