Hammond Development Corporation

Community development organization based in Hammond, IN. 7 employees. Exempt under §501(c)(3).

MissionHAMMOND DEVELOPMENT CORPORATION (HDC), AN INDIANA NOT-FOR-PROFIT ORGANIZATION, WAS FORMED TO PROVIDE BROAD BASED CHARITABLE SUPPORT FOR THE DEVELOPMENT AND REDEVELOPMENT OF THE CITY OF HAMMOND, INCLUDING THE STIMULATION OF HISTORICAL RENOVATION, GENERAL BUSINESS DEVELOPMENT,

Financial snapshot · TY 2021

$1.0M
Total revenue
$2.1M
Total expenses
$1.7M
Net assets

Financial health · TY 2021

68
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
44
7.9 months of expenses
Program efficiency
77
80.7% spent on programs
Revenue diversity
98
Mix of program fees, grants & contributions

Leadership compensation

Jennifer Bussey
EXECUTIVE DIRECTOR
$67,626
14th percentile vs. peers

Is this your organization?

Claim this page for a private dashboard with financial health, peer benchmarks, and comp history.

Claim this page
Hammond Development Corporation Executive Compensation | 990 Data | DoubleNine