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Gene B Glick Family Housing Foundation

Indianapolis, IN · EIN 20-1698926 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2025 (tax year 2025) · View the filing · Correct or respond

Gene B Glick Family Housing Foundation reported $122.3 million in revenue and $94.4 million in expenses for calendar year 2025. Of every $100 it spent, $98.20 went to program services, $1.80 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 78.3% of the total. Revenue rose 110% between 2019 and 2025. Source: Form 990, 2025.

Where $100 of spending went

Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $94M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2025 · Form 990, Part VIII · total revenue $122M

The 990 scorecard · same measures for every charity, no grades

2025 filing. Median across 933 covered charities in this category, from their latest filings.
Measure2025Median
Program services
Part IX 25(B) ÷ 25(A)
98.2%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
1.8%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
14.7%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
0.3%1.0%
Program service revenue share
Part VIII 2g ÷ 12
78.3%66.2%
Highest reported compensation
Part VII-A, columns D–F
Not reported$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
Not reported1.57%
People paid over $100,000
Part VII, line 2
05
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
33.110.0
Independent voting board members
Part VI 1a–1b
6 of 9100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2025 · Form 990, Part III · the three largest programs by expense
$93M expenses · 100.0% of program spending · revenue $101M

The organization develops and acquires affordable housing for low and moderate income families. As of december 31, 2025, the organization directly owns 51 properties that contain a total of approximately 7,778 affordable housing units. The housing foundation also owns the resident success center

7 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200M2019202020212022202320242025$122M$94M
FilingRevenueExpensesProgramsNet assetsTop pay
2025 ⓘ$122M$94M98.2%$260M—
2024 ⓘ$101M$78M98.2%$232M$2,186
2023 ⓘ$97M$75M98.2%$210M$2,738
2022 ⓘ$88M$77M98.4%$188M$2,775
2021 ⓘ$69M$64M98.2%$178M$2,550
2020 ⓘ$66M$56M98.2%$172M$3,256
2019 ⓘ$58M$54M98.0%$163M$4,050

Governance answers, as filed

2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 6 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50

Correct a figure or respond

Every number above is copied from Gene B Glick Family Housing Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Gene B Glick Family Housing Foundation, you can publish a response that is linked from this page.

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Questions people ask

How much of Gene B Glick Family Housing Foundation's spending goes to programs?

In calendar year 2025, Gene B Glick Family Housing Foundation reported that 98.2% of its $94.4 million in expenses went to program services, 1.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

Where does Gene B Glick Family Housing Foundation get its money?

Of $122.3 million in revenue in calendar year 2025, 14.7% came from contributions and grants (including 0.3% from government grants) and 78.3% from program service revenue (Form 990, Part VIII).

Is Gene B Glick Family Housing Foundation a registered charity?

The IRS lists EIN 20-1698926 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2025: Form 990 for calendar year 2025, object 202642389349300219 · read the filing
  • 2024: Form 990 for calendar year 2024, object 202521399349300437 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202421369349316022 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333179349304953 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202231549349301258 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202101349349302240 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202001769349301135 · read the filing

All filings for EIN 20-1698926: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.