DEVCO FOUNDATION
Cite this
Plain text DEVCO FOUNDATION. furp.org, nonprofit organization profile, tax years 2023–2024. https://furp.org/org/devco-foundation-934320484. Retrieved 2026-10-29.
APA furp.org. (n.d.). DEVCO FOUNDATION [Nonprofit organization profile; tax years 2023–2024]. Retrieved October 29, 2026, from https://furp.org/org/devco-foundation-934320484
MLA “DEVCO FOUNDATION.” furp.org, tax years 2023–2024, https://furp.org/org/devco-foundation-934320484. Accessed 29 Oct. 2026.
Retrieved 2026-10-29; covers tax years 2023–2024. Data: furp.org, CC BY 4.0.
2024 · Form 990 · revenue $14.6M · expenses $148K · assets $2.9M
- EIN
- 93-4320484
- Address
- 10900 NE 8TH ST STE 1200, BELLEVUE, WA 98004-4460
- NTEE code
- L20
- Exempt type
- 501(c)(3): charitable, religious, educational, scientific or literary (corporation)
- Ruling date
- September 2024 (when the IRS recognized its exemption)
- IRS status
- Exempt (unconditional) (IRS Business Master File) IRS data ↗
- Tax-deductible donations
- Yes: listed in IRS Publication 78 (public charity) Pub 78 ↗
- Foundation status
- Public charity, 509(a)(2)
- Cross-check
- ProPublica Nonprofit Explorer
Mission
THE ORGANIZATION CREATES OPPORTUNITIES FOR LOW-INCOME INDIVIDUALS AND FAMILIES THROUGH AFFORDABLE HOUSING PROJECTS AND INVESTMENT IN THOSE COMMUNITIES.
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
6 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.
| Name | Latest title | Years | Latest year pay | Total pay from here | Organizations |
|---|---|---|---|---|---|
| Thomas Hawes Hunden | TREASURER | 2023-2024 | $8,000 | $8,000 | 1 |
| Carolyn Hawes Hunden | SECRETARY | 2023-2024 | $8,000 | $8,000 | 1 |
| Paul Herskowitz | DIRECTOR | 2023-2024 | $8,000 | $8,000 | 1 |
| Farrell Ender | DIRECTOR | 2023-2024 | $8,000 | $8,000 | 1 |
| Jeff Arrowsmith | DIRECTOR | 2023-2024 | $8,000 | $8,000 | 1 |
| John Spengler | DIRECTOR | 2023-2024 | $8,000 | $8,000 | 1 |
Officers and directors, no compensation reported
1 person listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Evan Jack Hunden | PRESIDENT | 2023-2024 | 1 | $0 reported | 1 |
People by year
2024 · 7 people listed · 6 paid, $48K · 0 employees · 1 volunteer
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| THOMAS HAWES HUNDEN | TREASURER | 1 | $8,000 | $0 | $0 | $8,000 | 1 |
| CAROLYN HAWES HUNDEN | SECRETARY | 1 | $8,000 | $0 | $0 | $8,000 | 1 |
| PAUL HERSKOWITZ | DIRECTOR | 1 | $8,000 | $0 | $0 | $8,000 | 1 |
| FARRELL ENDER | DIRECTOR | 1 | $8,000 | $0 | $0 | $8,000 | 1 |
| JEFF ARROWSMITH | DIRECTOR | 1 | $8,000 | $0 | $0 | $8,000 | 1 |
| JOHN SPENGLER | DIRECTOR | 1 | $8,000 | $0 | $0 | $8,000 | 1 |
| EVAN JACK HUNDEN | PRESIDENT | 1 | $0 | $0 | $0 | $0 | 1 |
2023 · 7 people listed · none paid · 0 employees · 7 volunteers
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| EVAN JACK HUNDEN | PRESIDENT | 1 | $0 | $0 | $0 | $0 | 1 |
| THOMAS HAWES HUNDEN | TREASURER | 1 | $0 | $0 | $0 | $0 | 1 |
| CAROLYN HAWES HUNDEN | SECRETARY | 1 | $0 | $0 | $0 | $0 | 1 |
| PAUL HERSKOWITZ | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| FARRELL ENDER | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| JEFF ARROWSMITH | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
| JOHN SPENGLER | DIRECTOR | 1 | $0 | $0 | $0 | $0 | 1 |
Highest-paid independent contractors
No independent contractors reported.
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990 | ||||||||
| $14,613,092 | $147,992 | $2,937,787 | -$3,995,446 | $14,591,688 | $0 | $48,000 | 0 | 1 |
| 2023 · Form 990 | ||||||||
| $0 | $0 | $1,250,000 | $0 | $0 | $0 | $0 | 0 | 7 |
Funders of this organization
Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).
Similar organizations
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| FIRST A M E HOUSING ASSOCIATION | WA | L20 | $16,584,333 | $1,914,214 | PRESIDENT | $0 | Same NTEE code L20, revenue within 2x, same state, similar mission |
| SHELTER AMERICA GROUP | WA | L20 | $9,322,749 | $3,437,355 | PRESIDENT/DI | $145,000 | Same NTEE code L20, revenue within 2x, same state, similar mission |
| HOMESTEAD COMMUNITY LAND TRUST | WA | L20 | $11,670,323 | $10,983,987 | EXECUTIVE DIRECTOR | $178,325 | Same NTEE code L20, revenue within 2x, same state |
| OPAL COMMUNITY LAND TRUST | WA | L20 | $11,237,298 | $1,762,237 | EXECUTIVE DIR. | $143,191 | Same NTEE code L20, revenue within 2x, same state |
| HABITAT FOR HUMANITY INTERNATIONAL INC | WA | L20 | $12,388,726 | $10,142,729 | Chief Executive Officer | $173,315 | Same NTEE code L20, revenue within 2x, same state |
| TACOMA-PIERCE HABITAT FOR HUMANITY | WA | L20 | $25,766,572 | $14,161,381 | CEO | $209,305 | Same NTEE code L20, revenue within 2x, same state |
| CATHOLIC CHARITIES HOUSING SERVICES DIOCESE OF YAKIMA | WA | L20 | $13,331,190 | $10,871,072 | PRESIDENT AN | $310,637 | Same NTEE code L20, revenue within 2x, same state |
| HERONS KEY | WA | L20 | $28,843,344 | $26,530,245 | STRATEGY OFFICER (THROUGH MAY 2025) | $507,703 | Same NTEE code L20, revenue within 2x, same state |
| AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION | HI | L20 | $8,947,714 | $1,499 | President | $0 | Same NTEE code L20, revenue within 2x, similar mission |
| FAMICOS FOUNDATION INC | OH | L20 | $11,527,336 | $9,751,922 | EXECUTIVE DI | $197,121 | Same NTEE code L20, revenue within 2x |
| BUCKEYE COMMUNITY HOPE FOUNDATION | OH | L20 | $15,959,609 | $11,634,311 | DIRECTOR OF DEVELOPMENT | $413,202 | Same NTEE code L20, revenue within 2x, similar mission |
| HOUSE OF DAVID PRESERVATION INC | DC | L20 | $12,749,142 | $12,539,186 | President | $31,200 | Same NTEE code L20, revenue within 2x, similar mission |
| ABODE HOUSING DEVELOPMENT | CA | L20 | $16,010,737 | $15,762,226 | CHIEF EXECUTIVE OFFICER | $254,144 | Same NTEE code L20, revenue within 2x, similar mission |
| A R M OF SAVE THE FAMILY FOUNDATION OF ARIZONA | AZ | L20 | $7,839,396 | $3,169,989 | CHIEF HSG DE | $104,764 | Same NTEE code L20, revenue within 2x |
| ELEVATE HOUSING FOUNDATION | IL | L20 | $28,854,452 | $25,902,868 | Not reported | $169,578 | Same NTEE code L20, revenue within 2x |
| COMMUNITY HOUSING OPPORTUNITIES CORPORATION | CA | L20 | $8,051,936 | $12,405,261 | CSO | $202,551 | Same NTEE code L20, revenue within 2x, similar mission |
| LAKE VIEW TOWERS RESIDENTS ASSOCIATION INC | IL | L20 | $11,146,166 | $10,687,543 | Secretary | $0 | Same NTEE code L20, revenue within 2x, similar mission |
| WESTERN REGION NONPROFIT HOUSING CORPORATION | UT | L20 | $13,563,878 | $11,740,157 | PROJECT DEVE | $171,256 | Same NTEE code L20, revenue within 2x, similar mission |
| PONO HOUSING CORPORATION | HI | L20 | $7,833,071 | $1,944 | PRESIDENT | $0 | Same NTEE code L20, revenue within 2x, similar mission |
| DIEGO BEEKMAN MUTUAL HOUSING ASSOC HOUSING DEVELOPMNT FUND CORP | NY | L20 | $22,823,976 | $23,801,481 | VICE CHAIR & CEO | $266,363 | Same NTEE code L20, revenue within 2x, similar mission |
| HENRY PHIPPS PLAZA SOUTH HOUSING DEVELOPMENT FUND CORPORATION | NY | L20 | $17,066,868 | $17,761,725 | PRESIDENT/CEO | $1,043,975 | Same NTEE code L20, revenue within 2x, similar mission |
| HOUSING AND HUMAN DEVELOPMENT CORPORATION | IL | L20 | $10,373,448 | $576,372 | PRESIDENT | $0 | Same NTEE code L20, revenue within 2x, similar mission |
| TWIN CITIES HOUSING DEVELOPMENT CORPORATION | MN | L20 | $8,443,480 | $6,785,701 | EXECUTIVE DIRECTOR | $261,870 | Same NTEE code L20, revenue within 2x, similar mission |
| MAAC HOUSING CORPORATION | CA | L20 | $9,716,108 | $1,818,382 | CEO/TREASURER | $399,882 | Same NTEE code L20, revenue within 2x, similar mission |
| KITTLE PROPERTY FAMILY FOUNDATION INC | IN | L20 | $9,627,375 | $63,506 | PRESIDENT | $0 | Same NTEE code L20, revenue within 2x |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990 · $147,992 spent · pay $48,000 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Fees: legal | $82,413 | $57,689 | $24,724 | - | 55.7% | |
| Pay: officers, directors, trustees, key employees | $48,000 | $33,600 | $14,400 | - | 32.4% | |
| Fees: accounting | $13,922 | $10,442 | $3,480 | - | 9.4% | |
| Insurance | $3,557 | - | $3,557 | - | 2.4% | |
| Office expenses | $100 | - | $100 | - | 0.1% | |
| Total | $147,992 | 100% |
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