Housing Initiative Partnership Inc
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.
Housing Initiative Partnership Inc at a glance
In short: Housing Initiative Partnership Inc gave $299K across 3 grants in 2025 (avg $100K), mostly in Maryland. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $299,327
- +36.5% vs 2024
- Grants made (2025)
- 3
- +50.0% vs 2024
- Average grant
- $99,776
- -9.0% vs 2024
- Median grant
- $124,000
- Total assets
- $37,492,253
- -3.6% vs 2024
- Primary geography
- Maryland (52% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Housing Initiative Partnership Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Forest Drive Lihtc LLC ($143K). Together the top 3 received $299K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was in the $100–250K range: 7 grants of 12 (58%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Housing Initiative Partnership Inc gives
- Giving grew 111% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $120K (2020) to $299K (2025). In 2025 it made 3 grants totaling $299K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Forest Drive Lihtc LLC Collingswood, NJ | Reimbursement for Fairmont Heights - Phase 2 Construction | $143,208 |
| Upper Montgomery Assistance Network Gaithersburg, MD | Subrecipients to hip for city of gaithersburg financial empowerment grant | $124,000 |
| Clean Slate Solar LLC College Park, MD | Provide outreach and education about community solar and assisted low and moderate income families with the subscription process | $32,119 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $37,492,253 | $6,711,826 | $9,423,632 | $299,327 | 3 | $40,712 |
| 2024 | $38,898,282 | $6,577,442 | $8,457,839 | $219,252 | 2 | $28,677 |
| 2023 | $6,483,168 | $3,825,620 | $3,756,053 | $147,006 | 2 | $-657,760 |
| 2022 | $6,736,869 | $3,837,345 | $3,411,958 | $141,750 | 2 | $-238,273 |
| 2021 | $5,231,703 | $2,385,567 | $2,942,550 | $161,034 | 3 | $-1,341,971 |
| 2020 | $6,355,471 | $3,695,036 | $2,991,616 | $119,612 | 3 | $-346,918 |
About Housing Initiative Partnership Inc
Based on IRS filings
Housing Initiative Partnership Inc is a public charity focused on Housing & Shelter, based in Hyattsville, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $37.5M in total assets. In 2025, it awarded 3 grants totaling $299K. Net investment income was $41K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Housing Initiative Partnership Inc is led by Stephanie Prange Proestel, Executive Director since 2024 (on filings since 2020); 5 of 14 officers listed in 2025 are compensated.
Officers on the 2025 filing
Stephanie Prange Proestel
Executive Director
Deputy Executive Director → Executive Director, 2024
On filings since 2020
37.5 hrs/week
$104K (2020) → $153K (2025)
Martin Mellett
Chair
Vice Chair → Board Member, 2023
Board Member → Chair, 2024
On filings since 2020
2 hrs/week
No compensation reported
Mary Hunter
Director of Housing Counsel
Director of Housing Counseling Program → Director of Housing Counsel, 2025
On filings since 2024
37.5 hrs/week
$129K (2024) → $133K (2025)
Andrew Joseph
Director
Board Member → Director, 2024
On filings since 2020
2 hrs/week
No compensation reported
Angela Hill
Director
Board Member → Vice Chair, 2023
Vice Chair → Director, 2024
On filings since 2020
2 hrs/week
No compensation reported
Abraham Garcia
Director
Board Member → Director, 2024
On filings since 2021
2 hrs/week
No compensation reported
Steve Brigham
Director
Board Member → Director, 2024
On filings since 2021
2 hrs/week
No compensation reported
Dorothea Parker
Highest Compensated Employee
New on the 2025 filing
37.5 hrs/week
$109K (2025)
Helen Johnson
Highest Compensated Employee
New on the 2025 filing
37.5 hrs/week
$124K (2025)
Lesia Bullock
Highest Compensated Employee
New on the 2025 filing
37.5 hrs/week
$110K (2025)
Samuel Parker
Past Chair Emeritas
Chair → Past Chair Emeritas, 2024
On filings since 2020
3 hrs/week
No compensation reported
Wanda Ellison-Osborne
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Ivy Lewis
Vice Chair
Board Member → Vice Chair, 2024
On filings since 2021
2 hrs/week
No compensation reported
Randy Barber
Secretary
Board Member → Secretary, 2024
On filings since 2022
2 hrs/week
No compensation reported
Former officers (8)
- Former: Julio Murillo Khadjibhaeva (2020–2024) — Director
- Former: Mae Avenilla (2020–2024) — Director
- Former: Maryann Dillon (2020–2024) — Executive Director
- Former: Erna Vance (2021–2024) — Director
- Former: Mary Hunter Director Of (2022–2023) — Housing Counseling Program
- Former: Angela Hill Board Member (2022) — Vice Chair
- Former: Destiny Banks (2020–2021) — Board Member
- Former: Rose Scott Fituwi (2020–2021) — Board Member
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $153K, to Stephanie Prange Proestel (Executive Director). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Housing Initiative Partnership Inc
How much does Housing Initiative Partnership Inc give each year?
Housing Initiative Partnership Inc gave $299K across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $219K across 2 grants.
What is Housing Initiative Partnership Inc's typical grant size?
Housing Initiative Partnership Inc's median grant in 2025 was $124,000, and its average grant was $99,776, across 3 grants on its 2025 IRS Form 990.
Where does Housing Initiative Partnership Inc give grants?
Housing Initiative Partnership Inc gives mostly in Maryland: 52% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was New Jersey (48%).
Does Housing Initiative Partnership Inc give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Housing Initiative Partnership Inc's 2025 IRS Form 990 were described as general or operating support.
How large is Housing Initiative Partnership Inc?
Housing Initiative Partnership Inc reported $37.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $6.7M.
What is Housing Initiative Partnership Inc?
Housing Initiative Partnership Inc is a public charity focused on Housing & Shelter, based in Hyattsville, MD. It holds $37.5M in total assets as of 2025.
What is Housing Initiative Partnership Inc's EIN?
Housing Initiative Partnership Inc's EIN (Employer Identification Number) is 52-1596171. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS January 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS February 23, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS February 28, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS January 31, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
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