HOUSING INITIATIVE PARTNERSHIP, INC. (HIP) DEVELOPS INNOVATIVE AFFORDABLE HOUSING, REVITALIZES NEIGHBORHOODS AND EQUIPS PEOPLE TO ACHIEVE THEIR HOUSING AND FINANCIAL GOALS. HIP'S VISION IS THAT EVERY PERSON LIVES IN HIGH-QUALITY AFFORDABLE HOUSING IN A THRIVING COMMUNITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$38.9M
+500.0% YoY
Annual Giving
$219K
+49.1% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$110K
+49.1% YoY
About Housing Initiative Partnership Inc
Based on IRS filings
Housing Initiative Partnership Inc is a nonprofit organization focused on Housing & Shelter, based in HYATTSVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $38.9M in total assets. In 2024, it awarded 2 grants totaling $219K. Net investment income was $29K.
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 | $38,898,282 | $6,483,168 | $6,736,869 |
| Revenue | $6,577,442 | $3,825,620 | $3,837,345 |
| Expenses | $8,457,839 | $3,756,053 | $3,411,958 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $28,677 | $-657,760 | $-238,273 |
| 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 2 recipients in 2024
Grant Size Distribution
12 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 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARYANN DILLON | EXECUTIVE DIRECTOR (RETIRED FEB. 2024) | 37.5 | $178,591 |
| STEPHANIE PRANGE PROESTEL | EXECUTIVE DIRECTOR | 37.5 | $152,065 |
| MARY HUNTER | DIRECTOR OF HOUSING COUNSELING PROGRAM | 37.5 | $128,782 |
| MARTIN MELLETT | CHAIR | 2 | — |
| IVY LEWIS | VICE CHAIR | 2 | — |
| WANDA ELLISON-OSBORNE | TREASURER | 2 | — |
| RANDY BARBER | SECRETARY | 2 | — |
| ANGELA HILL | DIRECTOR | 2 | — |
| MAE AVENILLA | DIRECTOR | 2 | — |
| ANDREW JOSEPH | DIRECTOR | 2 | — |
| ERNA VANCE | DIRECTOR | 2 | — |
| ABRAHAM GARCIA | DIRECTOR | 2 | — |
| STEVE BRIGHAM | DIRECTOR | 2 | — |
| JULIO MURILLO KHADJIBHAEVA | DIRECTOR | 2 | — |
| SAMUEL PARKER | PAST CHAIR EMERITAS | 3 | — |
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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