Public Charity

MHANY MANAGEMENT INC

MHANY MANAGEMENT INC is a Public Charity headquartered in BROOKLYN, NY. Financial data from the 2024 filing: $7.9M revenue, $6.6M expenses, $61.4M total assets. 45 publicly reported grants to this organization, totaling roughly $4.3M, appear in IRS filings.

EIN: 721303737 BROOKLYN, NY Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$7.9M
Total Expenses$6.6M
Total Assets$61.4M
Grant Records45
Funding Total$4.3M
Filing Years2019–2024

Mission

PROVISION OF RELIEF TO THE POOR, DISTRESSED AND UNDERPRIVILEGED OF PUBLIC GOOD TO LESSEN NEIGHBORHOOD TENSIONS, DETERIORATION AND PREJUDICE.

Where $100 goes at Mhany Management Inc

How Mhany Management Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$93 Programs the work itself
$7 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 $93 for programs

$93
Providing housing to low and moderate income residents, conducting activities to halt deterioration of distressed areas in new york city, dissemination of information and technical assistance to targeted…
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

MEMBER Bertha Lewis
MEMBER Carmen De Riel
DIRECTOR OF HOMEOWNERSHIP & COUNSELING PROGRAM Cecilia M Joza
CO-FINANCE DIRECTOR Clavel A Edwards
PRESIDENT Derek Owens
EXECUTIVE DIRECTOR Ismene Speliotis

Officer compensation and complete director data available with membership.

Top Grant Purposes

Housing & Homelessness
$1,109,640 1 grant
Mental Health & Substance Abuse
$1,087,594 19 grants
Training & Professional Development
$1,044,492 3 grants
General Support
$767,750 14 grants
Health & Medicine
$125,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $7.9M $6.6M $61.4M
2023 $9.5M $7.7M $58.9M
2022 $5.1M $5.3M $37.9M
2020 $7.1M $4.3M $39.4M
2019 $3.8M $3.5M $28.8M

Between 2019 and 2024, reported annual revenue grew from $3.8M to $7.9M (+106%), with total assets most recently reported at $61.4M.

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

See the full picture for MHANY MANAGEMENT INC

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