Public Charity

MIDWEST AFFORDABLE HOUSING CORP C/O PHILIP J SCHULTZ

MIDWEST AFFORDABLE HOUSING CORP C/O PHILIP J SCHULTZ is a Public Charity headquartered in FOX POINT, WI. Financial data from the 2024 filing: $6.5M revenue, $2.8M expenses, $31.0M total assets.

EIN: 392010184 FOX POINT, WI Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$6.5M
Total Expenses$2.8M
Total Assets$31.0M
Grant Records0
Filing Years2019–2024

Mission

THE MISSION OF MIDWEST AFFORDABLE HOUSING CORPORATION IS TO FOSTER, DEVELOP AND PRESERVE AFFORDABLE AND SENIOR HOUSING WITH RESPECT FOR THE RESIDENTS TO BE SERVED.

Where $100 goes at Midwest Affordable Housing Corp C/O Philip J Schultz

How Midwest Affordable Housing Corp C/O Philip J Schultz divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$97 Programs the work itself
$3 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 $97 for programs

$97
Providing housing for the elderly and low-income individuals located in wisconsin at properties including greentree glen, LLC, kenosha seniors limited partnership, teutonia gardens, LLC, granville senior housing, LLC…
All program spending
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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

DIRECTOR Alexandra Schultz
SECRETARY/TREASURER John Mccarty
VICE PRESIDENT Katie Grand
PRESIDENT Philip J Schultz

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $6.5M $2.8M $31.0M
2023 $2.0M $2.2M $23.1M
2022 $2.1M $1.7M $23.3M
2020 $2.4M $1.2M $21.2M
2019 $1.4M $1.1M $15.9M

Between 2019 and 2024, reported annual revenue grew from $1.4M to $6.5M (+363%), with total assets most recently reported at $31.0M.

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

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