TO FACILITATE THE DEVELOPMENT OF AFFORDABLE HOUSING, BOTH RENTAL AND HOMEOWNERSHIP, AND ASSIST HOUSEHOLDS TO BECOME OWNERS OF AFFORDABLE HOMES.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$71.9M
+14.7% YoY
Revenue
$12.3M
+67.1% YoY
Net Investment Income
$836K
+49.7% YoY
Expenses
$3.9M
+17.0% YoY
About Housing Development Fund Inc
Based on IRS filings
Housing Development Fund Inc is a nonprofit organization focused on Housing & Shelter, based in STAMFORD, CT. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $71.9M in total assets. Net investment income was $836K.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $71,858,509 | $62,649,637 | $50,956,580 |
| Revenue | $12,254,032 | $7,334,851 | $3,366,920 |
| Expenses | $3,910,554 | $3,342,616 | $3,327,155 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $836,434 | $558,845 | $343,489 |
| 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 0 recipients in 2025
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KILEY GOSSELIN | PRESIDENT & CEO | 39 | $235,000 |
| CLAY FOWLER | CHAIR | 3 | — |
| MICHAEL WEINSTOCK | VICE CHAIR | 3 | — |
| MICHAEL HUNTER | TREASURER | 3 | — |
| ANNIE LAZARUS | SECRETARY | 3 | — |
| BARBARA KELLY | BOARD MEMBER | 1 | — |
| WILLARD MILEY | BOARD MEMBER | 1 | — |
| MARJAN MURRAY | BOARD MEMBER (UNTIL 6/2025) | 1 | — |
| KATHLEEN ROMAGNANO | BOARD MEMBER | 1 | — |
| MICHAEL CHAMBERS | BOARD MEMBER | 1 | — |
| CARLINE CHARMELUS | BOARD MEMBER | 1 | — |
| PHYLICIA ADAMS | BOARD MEMBER | 1 | — |
| NATALIA ARIAS | CHIEF FINANCIAL OFFICER | 40 | $107,161 |
| JACLYNN ALVES | DIRECTOR OF RESIDENTIAL LENDING | 40 | $106,499 |
| ELIOT PACHECO | DIRECTOR OF COMMERCIAL LENDING | 40 | $100,561 |
| EUGENE SCHREINER | DIRECTOR OF COMMERCIAL LENDING | 40 | $125,532 |
| ROXANA UBILLUS | DIRECTOR OF HOMEBUYER DEVELOPMENT | 40 | $100,576 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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