OPENDOOR HOUSING FUND
WASHINGTON, DC | District of Columbia
Affordable Housing
Overview
OPENDOOR HOUSING FUND
30-0155183
1155 F STREET NW
WASHINGTON, DC 20004
District of Columbia
WASHINGTON, DC 20004
District of Columbia
Mission Statement
This nonprofit has not reported a mission statement.
CRA Category
- Affordable Housing
Nonprofit location
- This nonprofit is not located in any CRA geographies.
Awards & Certifications
- CDFI Organization
Founded
Not reported
Total Employees
Not reported
Total Volunteers
Not reported
Nonprofit Classification (NTEE Code)
L12
L - Housing, Shelter
Fund Raising and Fund Distribution
Organizations that raise and distribute funds for multiple organizations within the Housing, Shelter major group area.
IRS Activity Codes
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code)
813219
Other Grantmaking and Giving Services
CRA Alignment
CRA Category
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and
then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications
Community Development Financial Institution
Date Certified
10/25/2013
Native American CDFI
N
Financial Institution Type
Loan Fund
Community Development Financial Institution Award Recipient
New Market Tax Credit Recipient
HUD Counseling Agency
Low Income Housing Tax Credit Recipient
IRS Summary
Income
$0
Revenue
$0
Assets
$2.2K
IRS Business Master File Details
As of July 2023
Exempt Ruling Date
2003-06
Deductibility Status
Deductible
Last Tax Filing
2021
Organization Type
Corporation
Organization Tax Filing Status
990 - Required to file Form 990-N - Income less than $25,000 per year
Foundation Tax Filing Status
990-PF not required by IRS
Affiliation Classification
Independent Organization
Basis for Foundation/Public Charity Status
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Publication 78 Details
As of July 2023
Verified in Publication 78
Yes
Deductibility Limitation
50% (60% for cash contributions)
Organization Description
A public charity
Nonprofit Location
Physical Address
1155 F STREET NW
WASHINGTON, DC 20004
District of Columbia
WASHINGTON, DC 20004
District of Columbia
Area Type
Metropolitan Statistical Area
FIPS Geocoded Address
47894
MSA/MD
11
State
001
County
0058.02
Tract
Upper
Income Level
Core-Based Statistical Area
47900 - Washington-Arlington-Alexandria, DC-VA-MD-WV
Combined Statistical Area
548 - Washington-Baltimore-Arlington, DC-MD-VA-WV-PA
Metropolitan Division
47894 - Washington-Arlington-Alexandria, DC-VA-MD-WV
Located In
Low- or Moderate-Income Census Tract
Opportunity Zone
Majority Minority Census Tract
40.23%
FFIEC Designated Distressed Census Tract
FFIEC Underserved Census Tract
Market Data
Census Tract | County | |
---|---|---|
0058.02 | District of Columbia | |
Population | ||
Total Population | 2,145 | 683,154 |
Total Households | 1,302 | 310,104 |
Income | ||
Median Family Income (Census*) | $250,001 | $93,547 |
Median Family Income (2022 FFIEC est.) | $139,700 | $139,700 |
Tract Income Percentage | 198.06% | N/A |
Below Poverty Level | 3.3% | 15.4% |
Unemployment Level | 4.0% | 7.1% |
Housing | ||
Total Housing Units | 1,632 | 344,306 |
Total Owner-Occupied Units | 23.7% | 41.5% |
Total Renter-Occupied Units | 56.1% | 58.5% |
Total Vacant Units | 20.2% | 8.6% |
* Census tract income based on 2020 Census estimated data; County income based on 2021 American Community Survey data.
Management
4
Total Voting Members
in Governing Body
in Governing Body
4
Independent Voting Members
in Governing Body
in Governing Body
Tax Filing Signatory
Linda J Collyer
Treasurer
(301) 299-6955
Treasurer
(301) 299-6955
Principal Officer
Mary Fenelon
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations
"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.
This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.

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