Public Charity

MASSACHUSETTS HOUSING INVESTMENT CORPORATION

MASSACHUSETTS HOUSING INVESTMENT CORPORATION, of BOSTON, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $22.6M in revenue, $11.8M in expenses, $92.8M in total assets. 7 publicly reported grants to this organization, totaling roughly $8.5M, appear in IRS filings.

EIN: 043094550 BOSTON, MA Latest filing: 2024
Total Revenue$22.6M
Total Expenses$11.8M
Total Assets$92.8M
Grant Records7
Funding Total$8.5M
Filing Years2019–2024

Mission

MHIC'S MISSION IS TO BE AN INNOVATIVE PRIVATE FINANCIER OF AFFORABLE HOUSING AND COMMUNITY DEVELOPMENT THROUGHOUT NEW ENGLAND, PROVIDING FINANCING THAT WOULD NOT OTHERWISE BE AVAILABLE, AND EXTENDING THE IMPACT OF THAT FINANCING TO ENSURE THE BROADEST POSSIBLE BENEFIT.

Sample Grants Received

2023
General support for programs, operations and other charitable purposes
$7,000,000
2023
Operating Support/Annual Fund
$243,541
2022
Operating Support/Annual Fund
$661,667
2021
Community Partnership
$515,000
$10,000

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

DIRECTOR Al Uluatam
DIRECTOR Amy Farrell
DIRECTOR Amy Schectman
TREASURER B John Dill
DIRECTOR OF FINANCE Charles Edwards
VICE CHAIR Daniel Cruz Jr

Officer compensation and complete director data available with membership.

Top Grant Purposes

General support for programs, operations and other charitable purposes
$7,000,000 1 grant
Operating Support/Annual Fund
$905,208 2 grants
Community Partnership
$515,000 1 grant
COMMUNITY BENEFIT PROGRAM
$30,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $22.6M $11.8M $92.8M
2023 $73.6M $71.8M $69.1M
2022 $16.1M $13.5M $65.5M
2020 $14.0M $13.8M $47.5M
2019 $11.0M $10.4M $54.2M

Between 2019 and 2024, reported annual revenue grew from $11.0M to $22.6M (+104%), with total assets most recently reported at $92.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for MASSACHUSETTS HOUSING INVESTMENT CORPORATION

Complete financials, all 7 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time