Portland, OR
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Housing Development Center, founded in 1993, is a community nonprofit in the Housing & Shelter sector that reported $4.2M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $3.7M left a modest 12% surplus.
CENTERING THOSE WHO HAVE BEEN HISTORICALLY OPPRESSED, HOUSING DEVELOPMENT CENTER, INC. COLLABORATES WITH ITS PARTNERS TO ENVISION, DEVELOP, AND SUSTAIN AFFORDABLE HOMES AND COMMUNITY PLACES.
HOUSING AND FACILITIES DEVELOPMENTHDC'S HOUSING AND FACILITIES DEVELOPMENT TEAM WORKS WITH MISSION-DRIVEN ORGANIZATIONS TO FINANCE, BUILD, AND RENOVATE AFFORDABLE HOUSING AND COMMUNITY FACILITIES...
HOUSING AND FACILITIES DEVELOPMENTHDC'S HOUSING AND FACILITIES DEVELOPMENT TEAM WORKS WITH MISSION-DRIVEN ORGANIZATIONS TO FINANCE, BUILD, AND RENOVATE AFFORDABLE HOUSING AND COMMUNITY FACILITIES THAT SERVE PEOPLE WITH LOWER INCOMES. HDC ASSISTS WITH THE DEVELOPMENT OF ALL TYPES OF AFFORDABLE HOUSING, INCLUDING MULTIFAMILY RENTAL, HOMEOWNERSHIP, AND MIXED-USE DEVELOPMENTS. HDC ALSO ASSISTS WITH THE DEVELOPMENT OF HEALTHCARE, CHILDCARE, AND OTHER SERVICE FACILITIES. HDC'S DEVELOPMENT SERVICES SPAN ALL ASPECTS AND PHASES OF PROJECT DEVELOPMENT, FROM PLANNING AND PREDEVELOPMENT THROUGH FINANCIAL STRUCTURING AND CONSTRUCTION MANAGEMENT. HDC PROVIDES EXPERTISE IN ASSESSING AND MEETING COMPLIANCE OBLIGATIONS ASSOCIATED WITH SPECIALIZED AFFORDABLE HOUSING FINANCING PROGRAMS. IN ITS 30-YEAR HISTORY, HDC'S HOUSING & FACILITIES DEVELOPMENT PROGRAM HAS WORKED WITH MISSION-DRIVEN ORGANIZATIONS TO MANAGE OVER 200 DEVELOPMENT PROJECTS IN OREGON AND SOUTHWEST WASHINGTON. THESE PROJECTS HAVE RESULTED IN THE DEVELOPMENT OR PRESERVATION OF MORE THAN 8,000 COMPLETED HOUSING UNITS AND 350,000 COMPLETED SQUARE FEET OF COMMUNITY FACILITY AND COMMERCIAL SPACE. TOGETHER THESE PROJECTS REPRESENT OVER $1 BILLION IN TOTAL DEVELOPMENT COSTS.
ASSET MANAGEMENTHDC'S ASSET MANAGEMENT TEAM GUIDES CLIENTS THROUGH THE CHALLENGES OF OWNING AND MANAGING AFFORDABLE HOUSING AND COMMUNITY FACILITIES OVER THE LONG TERM. HDC PROVIDES TECHNICAL...
ASSET MANAGEMENTHDC'S ASSET MANAGEMENT TEAM GUIDES CLIENTS THROUGH THE CHALLENGES OF OWNING AND MANAGING AFFORDABLE HOUSING AND COMMUNITY FACILITIES OVER THE LONG TERM. HDC PROVIDES TECHNICAL ASSISTANCE AND TRAINING TO NONPROFIT ORGANIZATIONS, HOUSING AUTHORITIES, AND GOVERNMENT ENTITIES. HDC HAS HELPED PROJECT OWNERS ACROSS OREGON TO PRESERVE AND IMPROVE THE VIABILITY OF TENS OF THOUSANDS OF UNITS OF AFFORDABLE HOUSING, AS WELL AS TO IMPLEMENT ONGOING SYSTEMS FOR EFFECTIVE ASSET MANAGEMENT AND OVERSIGHT. HDC'S ASSET MANAGEMENT SERVICES INCLUDE PROPERTY AND PORTFOLIO ASSESSMENTS, PROPERTY AND PORTFOLIO REPOSITIONING, PROPERTY TRANSFERS, YEAR 15 EXITS, CAPITAL NEEDS ASSESSMENTS, RESERVE ANALYSES, SYSTEMS DEVELOPMENT, AND STAFF AND BOARD TRAINING.
HDC COMMUNITY FUND. LLC HDC'S WHOLLY OWNED SUBSIDIARY, HDC COMMUNITY FUND, LLC (HDC COMMUNITY FUND), WAS FORMED IN AUGUST 2009. A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI), HDC...
HDC COMMUNITY FUND. LLC HDC'S WHOLLY OWNED SUBSIDIARY, HDC COMMUNITY FUND, LLC (HDC COMMUNITY FUND), WAS FORMED IN AUGUST 2009. A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI), HDC COMMUNITY FUND PROVIDES LOANS TO SUPPORT THE DEVELOPMENT AND PRESERVATION OF AFFORDABLE HOUSING AND COMMUNITY FACILITIES SERVING PEOPLE WITH LOWER INCOMES. HDC COMMUNITY FUND'S FLEXIBLE, LOW-INTEREST LOANS ADDRESS NEEDS THAT CONVENTIONAL LENDING PROGRAMS DON'T. THE LOANS TARGET EARLY PROJECT COSTS, SUCH AS FEASIBILITY ASSESSMENT, LAND ACQUISITION, AND PREDEVELOPMENT, AND THEY BRIDGE SHORT-TERM GAPS IN CONSTRUCTION FINANCING. TOTALING $9.98 MILLION TO DATE, HDC COMMUNITY FUND LOANS HAVE SUPPORTED THE CREATION OR PRESERVATION OF 1,663 UNITS OF AFFORDABLE HOUSING AND 57,085 SQUARE FEET OF SERVICE-FACILITY SPACE.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,185,896 | $3,195,918 | +0.3% |
| Expenses | $3,663,357 | $3,252,532 | +0.1% |
| Net Income | $522,539 | $-56,614 | -10.2% |
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 |
|---|---|---|---|---|---|---|
| TRACI MANNING | Executive Dir. | 40.00 |
Officer
|
$176,398 | $23,615 | $200,013 |
| TRAVIS PHILLIPS | DIR OF REAL ESTATE | 40.00 |
|
$144,049 | $15,864 | $159,913 |
| JULIE PROKSCH | DIR OF REAL ESTATE | 40.00 |
|
$146,011 | $6,959 | $152,970 |
| KIMBERLY PRATNICKI | DIR OF ASSET MGMT | 40.00 |
|
$126,305 | $21,506 | $147,811 |
| GIGI SZABO | SR FIN PROJ MGR | 40.00 |
|
$128,326 | $15,234 | $143,560 |
| BEN LOFTIS | SR FIN PROJ MGR | 40.00 |
|
$122,738 | $5,966 | $128,704 |
| SARAH ZAHN | CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| RAMSAY WEIT | VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRYANT ABARICIA | Secretary/Treas | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SAM DIAZ | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| MERCEDES ELIZALDE | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| SAMUEL D GROSZ | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| BRUCE WHITING | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $4,185,896 | $3,663,357 | $6,108,221 | $522,539 |
| 2024 | $3,195,918 | $3,252,532 | $5,266,478 | $-56,614 |
| 2023 | $3,242,688 | $3,139,997 | $5,315,908 | $102,691 |
| 2022 | $3,244,688 | $2,683,552 | $5,193,870 | $561,136 |
| 2021 | $3,107,323 | $2,939,304 | $4,687,362 | $168,019 |
| 2020 | $3,364,211 | $2,985,389 | $4,546,280 | $378,822 |
| 2019 | $2,717,689 | $2,651,130 | $4,387,359 | $66,559 |
| 2018 | $2,543,252 | $2,383,293 | $4,628,559 | $159,959 |
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