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Houston Area Community Development

Foundation · Grantmaker Houston, TX EIN: 76-0380705 Website

See Schedule O

Key facts about Houston Area Community Development

EIN
76-0380705
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$7,865,736
Grants made (2024)
1
Average grant
$7,865,736
Median grant
$7,865,736
Total assets
$104,793,654
Primary geography
Texas (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Houston Area Community Development gives

  • Giving grew 2434% from 2021 to 2024. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$104.8M

+6.6% YoY

Annual Giving

$7.9M

+110.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$7.9M

+110.0% YoY

About Houston Area Community Development

Based on IRS filings

Houston Area Community Development is a nonprofit organization 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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

Houston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$16M$21M20202021202220232024
Metric202420232022
Total Assets$104,793,654$98,269,929$86,408,909
Revenue$13,401,048$4,459,262$14,223,563
Expenses$14,459,903$6,929,542$2,964,277
Qualifying Distributions———
Net Investment Income$121,901$138,675$147,047
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M$8M0 grants20201 grants20210 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

New Hope Housing Inc: $7.9MNew Hope Housing Inc$7.9M

Grant Size Distribution

3 grants across all recorded years

<$50K$50–100K$100–250K1$250–500K$500K–1M1$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include New Hope Housing Inc ($7,865,736).

RecipientPurposeAmount
New Hope Housing Inc Houston, TXProject development$7,865,736

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Ron Lastimosa — VP Real Estate Development: $210KRon LastimosaVP Real Estate Development$210KJoy Horak-Brown — President & CEO: $191KJoy Horak-BrownPresident & CEO$191KKatherine Anchondo — Real Estate Development Manager: $117KKatherine AnchondoReal Estate Development Manager$117K

From 2024 IRS filing

NameTitleHoursCompensation
Ricardo RivasChairman2—
Andrea LinkVice Chair1—
Kevin FultonSecretary1—
Janice E WalkerTreasurer1—
Sanford W Criner JrChair Emertius2—
Michael M FowlerChair Emertius2—
Kenneth J ValachChair Emertius4—
Bolivar FragaDirector1—
Irma G GalvanDirector1—
Preston RoeDirector1—
Joy Horak-BrownPresident & CEO25$190,800
Tamara FosterEVP Onsite Ops/Strategic Partnerships5—
John PeavyCFO (from July)5—
Calvin TangCFO (to March)5—
Diana GrossVP Philanthrophy & Communications2—
Ron LastimosaVP Real Estate Development50$210,000
Katie LambVP People & Culture5—
Stacey LastovicaVP Property Management5—
Rhonda BonfiledDir. of Foundations and Corp Rel.2—
Ash HussainDirector of Finance5—
Aziz OuedraogoSenior Manager Finance5—
Katherine AnchondoReal Estate Development Manager50$117,252

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Houston Area Community Development?

Houston Area Community Development is a nonprofit organization focused on Human Services, based in Houston, TX. It holds $104.8M in total assets as of 2024.

How large is Houston Area Community Development?

As of 2024, Houston Area Community Development holds $104.8M in total assets with $13.4M in annual revenue. It awarded 1 grant totaling $7.9M in 2024.

Where does Houston Area Community Development operate?

Houston Area Community Development has awarded grants in Texas.

What size grants does Houston Area Community Development award?

In 2024, Houston Area Community Development awarded 1 grant totaling $7.9M — an average of about $7.9M per grant, based on its IRS Form 990 filings.

What is Houston Area Community Development's EIN?

Houston Area Community Development's EIN (Employer Identification Number) is 76-0380705. IRS Form 990 filing data is available on this page for 2020–2024.

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

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