Public Charity

MHT HOUSING INC

MHT HOUSING INC is a Public Charity headquartered in BINGHAM FARMS, MI. Financial data from the 2024 filing: $44.9M revenue, $12.2M expenses, $276.5M total assets. 5 publicly reported grants to this organization, totaling roughly $59.7M, appear in IRS filings.

EIN: 382957148 BINGHAM FARMS, MI Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$44.9M
Total Expenses$12.2M
Total Assets$276.5M
Grant Records5
Funding Total$59.7M
Filing Years2020–2024

Mission

TO PRESERVE AND EXTEND AFFORDABLE HOUSING IN MICHIGAN THROUGH THE ACQUISITION AND OPERATION OF MULTIFAMILY RESIDENTIAL REAL ESTATE FOR LOW AND VERY LOW-INCOME TENANTS.

Where $100 goes at Mht Housing Inc

How Mht Housing Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$88 Programs the work itself
$12 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $88 for programs

$88
For the year ended december 31, 2024 Mht Housing, inc
All program spending · Reported in the filing: 311 units; 262 units; 49 units
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICE PRESIDENT OF DEVELOPMENT Andrew Martin
CHIEF FINANCIAL OFFICER Brian A Gallaher
VP OF CONSTRUCTION Chad Joseph
MULTIFAMILY PRESERVATION DIRECTOR Donna Mcmillan
CHAIRMAN (ENDED 10/24) Martha Richardson
CHIEF ARCHITECT Rollin Stoddard

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$59,118,045 3 grants
Housing & Homelessness
$595,429 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $44.9M $12.2M $276.5M
2023 $99.4M $9.9M $244.3M
2022 $19.4M $9.2M $103.8M
2021 $23.8M $10.7M $87.8M
2020 $14.7M $8.4M $73.8M

Between 2020 and 2024, reported annual revenue grew from $14.7M to $44.9M (+206%), with total assets most recently reported at $276.5M.

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

See the full picture for MHT HOUSING INC

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