Houston Area Community Development Corporation
Houston Area Community Development Corporation at a glance
In short: Houston Area Community Development Corporation gave $7.9M across 1 grant in 2024 (avg $7.9M), mostly in Texas. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $7,865,736
- +110.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $7,865,736
- +110.0% vs 2023
- Median grant
- $7,865,736
- Total assets
- $104,793,654
- +6.6% vs 2023
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Houston Area Community Development Corporation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was New Hope Housing Inc ($7.9M).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 3 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Houston Area Community Development Corporation gives
- Giving grew 2434% from 2021 to 2024. 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 2021 to 2024, annual grant giving ranged from $310K (2021) to $7.9M (2024). In 2024 it made 1 grant totaling $7.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| New Hope Housing Inc Houston, TX | Project development | $7,865,736 |
Ready to take the next step with Houston Area Community Development Corporation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $104,793,654 | $13,401,048 | $14,459,903 | $7,865,736 | 1 | $121,901 |
| 2023 | $98,269,929 | $4,459,262 | $6,929,542 | $3,746,216 | 1 | $138,675 |
| 2022 | $86,408,909 | $14,223,563 | $2,964,277 | — | — | $147,047 |
| 2021 | $74,476,552 | $18,930,292 | $3,082,600 | $310,439 | 1 | $49,024 |
| 2020 | $54,774,028 | $5,447,680 | $1,043,346 | — | — | $15,400 |
About Houston Area Community Development Corporation
Based on IRS filings
Houston Area Community Development Corporation is a public charity focused on Human Services, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $104.8M in total assets. In 2024, it awarded 1 grant totaling $7.9M. Net investment income was $122K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Houston Area Community Development Corporation is led by Joy Horak-Brown, President & CEO on every filing since 2020; 3 of 22 officers listed in 2024 are compensated.
Officers on the 2024 filing
Joy Horak-Brown
President & CEO
On filings since 2020
25 hrs/week
$100K (2020) → $191K (2024)
Kenneth J Valach
Chair Emertius
Vice President → Executive Chair, 2021
Executive Chair → Chair Emertius, 2024
On filings since 2020
4 hrs/week
No compensation reported
Michael M Fowler
Chair Emertius
On filings since 2020
2 hrs/week
No compensation reported
Sanford W Criner Jr.
Chair Emertius
Executive Chair → Vice Chair, 2021
Vice Chair → Chair Emertius, 2024
On filings since 2020
2 hrs/week
No compensation reported
Ricardo Rivas
Chairman
Secretary → Chairman, 2024
On filings since 2022
2 hrs/week
No compensation reported
Irma G Galvan
Director
On filings since 2020
1 hr/week
No compensation reported
Preston Roe
Director
Secretary → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Ash Hussain
Director of Finance
On filings since 2021
5 hrs/week
No compensation reported
Bolivar Fraga
Director
On filings since 2023
1 hr/week
No compensation reported
Rhonda Bonfiled
Director of Foundations & Corp Rel.
Director of Foundations & Corp Relations → Director of Foundations & Corp Rel., 2024
On filings since 2023
2 hrs/week
No compensation reported
Ron Lastimosa
Vice President Real Estate Development
Director of Real Estate Development → Vice President Fund Development, 2023
Vice President Fund Development → Vice President Real Estate Development, 2024
On filings since 2022
50 hrs/week
$162K (2022) → $210K (2024)
Katherine Anchondo
Real Estate Development Manager
On filings since 2023
50 hrs/week
$117K (2024)
Tamara Foster
Executive Vice President Onsite Ops & Strategic Partnerships
Vice President Operations → Executive Vice President Onsite Ops & Strategic Partnerships, 2023
On filings since 2020
5 hrs/week
No compensation reported
Katie Lamb
Vice President People & Culture
Human Resources Director → Vice President Human Resources, 2023
Vice President Human Resources → Vice President People & Culture, 2024
On filings since 2021
5 hrs/week
No compensation reported
Calvin Tang
CFO
On filings since 2022
5 hrs/week
No compensation reported
Diana Gross
Vice President Philanthrophy & Communications
Director of Fund Development → Vice President Real Estate Development, 2023
Vice President Real Estate Development → Vice President Philanthrophy & Communications, 2024
On filings since 2022
2 hrs/week
No compensation reported
Janice E Walker
Treasurer
Director → Treasurer, 2023
On filings since 2022
1 hr/week
No compensation reported
Stacey Lastovica
Vice President Property Management
On filings since 2023
5 hrs/week
No compensation reported
Andrea Link
Vice Chair
New on the 2024 filing
1 hr/week
No compensation reported
Aziz Ouedraogo
Senior Manager Finance
New on the 2024 filing
5 hrs/week
No compensation reported
John Peavy
CFO
New on the 2024 filing
5 hrs/week
No compensation reported
Kevin Fulton
Secretary
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (4)
- Former: Emily Abeln (2020–2022) — Assistant Secretary
- Former: Karen Briggs Gwin (2020–2022) — Treasurer & CFO
- Former: Nicole Cassier-Mason (2020–2021) — Vice President Fund Development
- Former: Connie Loyd (2021) — Vice President Fund Development
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $210K, to Ron Lastimosa (VP Real Estate Development). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Houston Area Community Development Corporation
How much does Houston Area Community Development Corporation give each year?
Houston Area Community Development Corporation gave $7.9M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $3.7M across 1 grant.
How large is Houston Area Community Development Corporation?
Houston Area Community Development Corporation reported $104.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $13.4M.
What is Houston Area Community Development Corporation?
Houston Area Community Development Corporation is a public charity focused on Human Services, based in Houston, TX. It holds $104.8M in total assets as of 2024.
Where does Houston Area Community Development Corporation operate?
Houston Area Community Development Corporation has awarded grants in Texas.
What is Houston Area Community Development Corporation's EIN?
Houston Area Community Development Corporation's EIN (Employer Identification Number) is 76-0380705. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 5, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS January 27, 2025)
- Updated Form 990 for fiscal year 2024 (received by the IRS January 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Houston Area Community Development Corporation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Hood-Barrow Foundation
Houston, TX
The Houston-based Hood-Barrow Foundation funds charitable organizations in health, education, religion, conservation, and human services, with 2025 grants ranging from $1,000 to $50,000 and a median of $10,000. Its 2025 grants went mainly to organizations in Texas, Colorado, and California. It makes contributions only to preselected organizations and does not accept unsolicited requests.
Assets
$17.8M
Grants
37
Total Given
$700K
Vivian L Smith Foundation
Houston, TX
The Vivian L Smith Foundation supports qualifying nonprofit organizations across charitable fields, including education, health care, youth services, and family support; it does not fund individuals. Its 2025 grants ranged from $1,000 to $100,000, with a median of $20,000, and nearly all grant dollars went to Texas, though it reports no geographic restrictions. It accepts requests without a required form; applicants must state the purpose and provide proof of qualifying status.
Assets
$69.1M
Grants
189
Total Given
$4.5M
The Hearst Foundation
New York, NY
The Hearst Foundation supports established U.S. nonprofits in culture, education, health, and social services, with grants typically ranging from $75,000 to $500,000 and a median of $150,000. It funds organizations nationwide; its New York office reviews proposals east of the Mississippi River and its San Francisco office reviews those west of it.
Assets
$430.3M
Grants
111
Total Given
$17.0M
Albert and Margaret Alkek Foundation
Houston, TX
The Albert and Margaret Alkek Foundation supports Texas-serving nonprofits, with most grants focused on medical research and education and additional giving in areas such as arts and community programs. In 2024, grants ranged from $2,500 to $8.1 million, with a median of $50,000. It accepts unsolicited letters of inquiry year-round, but says funding for them is very limited and it rarely awards grants from unsolicited requests.
Assets
$199.0M
Grants
58
Total Given
$14.0M
The Clayton Fund Inc
Houston, TX
The Clayton Fund supports organizations working in areas reflected in its grants, including reproductive and family health, education, workforce development, youth services, and community spaces. In 2024, grants ranged from $10,000 to $250,000, with a median of $35,000; most funding went to Texas, with some grants to organizations in other states. It says it does not restrict giving to preselected organizations, but the profile does not explicitly say whether it accepts unsolicited requests.
Assets
$34.4M
Grants
49
Total Given
$2.5M
MD Anderson Foundation
Houston, TX
The MD Anderson Foundation funds tax-exempt organizations working in health and medicine, education, arts and culture, and improving the lives of underserved people, primarily in Houston and Harris County, Texas. In 2024, grants ranged from $7,500 to $360,000, with a median of $50,000. It accepts written applications from tax-exempt organizations; no deadline is stated.
Assets
$107.0M
Grants
75
Total Given
$6.2M
More similar funders
More Funders in Texas
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Houston Area Community Development Corporation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Houston Area Community Development Corporation down — hundreds of funders to go?