ATLANTA, GA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HISTORIC DISTRICT DEVELOPMENT CORPORATION, founded in 1980, is a community nonprofit in the Housing & Shelter sector that reported $2.4M in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $2.9M exceeded revenue, resulting in a 18% operating deficit.
HISTORIC DISTRICT DEVELOPMENT CORPORATION, INC. ("HDDC OR THE ORGANIZATION"), A GEORGIA NONPROFIT, WAS ESTABLISHED IN DECEMBER 1980 FOR THE PURPOSE OF STRENGTHENING THE INVOLVEMENT OF NEIGHBORHOOD CITIZENS: BY DEVELOPING PLANS FOR THE MARTIN LUTHER KING, JR. HISTORICDISTRICT; BY PRESERVING EXISTING HOUSING, COMMERCIAL AND INSTITUTIONAL STRUCTURES, AND PROVIDING NEW HOUSING OPPORTUNITIES, WHILE PREVENTING THE DISPLACEMENT OF EXISTING RESIDENTS; BY BEAUTIFYING THE PHYSICAL ENVIRONMENT, WHILE PRESERVING THE HISTORIC CHARACTER OF THE AREA; AND BY CREATING JOB, BUSINESS, AND SHOPPING OPPORTUNITIES. THE ORGANIZATION'S OPERATIONS ARE FUNDED PRIMARILY THROUGH FEES, RENTS, SALES OF HOMES AND LAND, AND DISTRIBUTIONS FROM ITS PARTNERSHIP INTERESTS. AFFORDABLE HOUSING PROJECTS HAVE ALSO BEEN ORGANIZED THROUGHVARIOUS CORPORATIONS AND LIMITED PARTNERSHIP/LIMITED LIABILITY COMPANIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,435,646 | $5,196,919 | -0.5% |
| Expenses | $2,863,576 | $4,318,825 | -0.3% |
| Net Income | $-427,930 | $878,094 | -1.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LERONNE RIDDICK-SEALS | CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| CONSTANCE BARKLEY-LEWIS | VICE CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| VALERIE KYNA JACKSON | SECRETARY/TREASURER | 2.50 |
Officer
Director
|
$0 | $0 | $0 |
| MELANIE JABLONSKI | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAPHNE BRYSON JACKSON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HOWARD LALLI | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CALINDA LEE | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LISA FERRELL | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NASIM FLUKER | MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| CHENEE JOSEPH | PRESIDENT & CEO | 40.00 |
Officer
|
$173,269 | $0 | $173,269 |
| LASHAWNDRA COSTE ROMAN | VICE PRESIDENT | 40.00 |
Highest
|
$108,654 | $0 | $108,654 |
| RON P KIRKPATRICK | VICE PRESIDENT | 40.00 |
Highest
|
$114,385 | $0 | $114,385 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $2,435,646 | $2,863,576 | $29,515,795 | $-427,930 |
| 2022 | $5,196,919 | $4,318,825 | $29,856,749 | $878,094 |
| 2021 | $3,211,112 | $1,723,674 | $13,935,922 | $1,487,438 |
| 2020 | $612,048 | $1,366,417 | $7,544,870 | $-754,369 |
| 2019 | $2,300,770 | $1,075,657 | $7,812,008 | $1,225,113 |
| 2018 | $3,310,344 | $724,078 | $5,903,969 | $2,586,266 |
Compare HISTORIC DISTRICT DEVELOPMENT CORPORATION with other nonprofits in Georgia and across the country.