Housing Initiative Partnership Inc

HYATTSVILLE, MD EIN: 52-1596171 Website

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

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

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$9M20202021202220232024
Metric202420232022
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

$0$55K$110K$164K$219K3 grants20203 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

UPPER MONTGOMERY ASSISTA…$112KFOREST DRIVE LIHTC LLC$107K

Grant Size Distribution

12 grants across all recorded years

6<$50K1$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Housing Initiative Partnership Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MARYANN DILLONEXECUTIVE DIRECTOR (RETIRED …$179KSTEPHANIE PRANGE PRO…EXECUTIVE DIRECTOR$152KMARY HUNTERDIRECTOR OF HOUSING COUNSELI…$129K

From 2024 filing

NameTitleHoursCompensation
MARYANN DILLONEXECUTIVE DIRECTOR (RETIRED FEB. 2024)37.5$178,591
STEPHANIE PRANGE PROESTELEXECUTIVE DIRECTOR37.5$152,065
MARY HUNTERDIRECTOR OF HOUSING COUNSELING PROGRAM37.5$128,782
MARTIN MELLETTCHAIR2
IVY LEWISVICE CHAIR2
WANDA ELLISON-OSBORNETREASURER2
RANDY BARBERSECRETARY2
ANGELA HILLDIRECTOR2
MAE AVENILLADIRECTOR2
ANDREW JOSEPHDIRECTOR2
ERNA VANCEDIRECTOR2
ABRAHAM GARCIADIRECTOR2
STEVE BRIGHAMDIRECTOR2
JULIO MURILLO KHADJIBHAEVADIRECTOR2
SAMUEL PARKERPAST CHAIR EMERITAS3

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

CollingswoodGaithersburgLargo

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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