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
Among its reported 2024 grants, the largest include Upper Montgomery Assistance Network ($112,460), Forest Drive Lihtc Llc ($106,792).
| Recipient | Purpose | Amount |
|---|---|---|
| FOREST DRIVE LIHTC LLC COLLINGSWOOD, NJ | REIMBURSEMENT FOR FAIRMONT HEIGHTS - PHASE 2 CONSTRUCTION | $106,792 |
| UPPER MONTGOMERY ASSISTANCE NETWORK GAITHERSBURG, MD | SUBRECIPIENTS TO HIP FOR CITY OF GAITHERSBURG FINANCIAL EMPOWERMENT GRANT | $112,460 |
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
Frequently Asked Questions
What is Housing Initiative Partnership Inc?
Housing Initiative Partnership Inc is a nonprofit organization focused on Housing & Shelter, based in HYATTSVILLE, MD. It holds $38.9M in total assets as of 2024.
How large is Housing Initiative Partnership Inc?
As of 2024, Housing Initiative Partnership Inc holds $38.9M in total assets with $6.6M in annual revenue. It awarded 2 grants totaling $219K in 2024.
Where does Housing Initiative Partnership Inc operate?
Housing Initiative Partnership Inc has awarded grants in Maryland, New Jersey.
What size grants does Housing Initiative Partnership Inc award?
In 2024, Housing Initiative Partnership Inc awarded 2 grants totaling $219K — an average of about $110K per grant, based on its IRS Form 990 filings.
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 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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