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Mission First Housing Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271824650 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Mission First Housing Development Corporation?

Mission First Housing Development Corporation is a nonprofit organization located in Washington, D.C., specifically at 1330 New Hampshire Ave NW 116. Their primary focus is on real estate investment and development, specializing in the construction of decent, safe, and permanent housing for individuals with serious, long-term, or chronic disabilities, as well as those experiencing homelessness. Established with a mission to serve the vulnerable, Mission First Housing Development Corporation operates in the Mid-Atlantic region, developing affordable, sustainable housing through acquisition, rehabilitation, preservation, and new construction projects. Their team currently consists of 8 dedicated individuals.


Official website here: www.missionfirsthdc.org

Is Mission First Housing Development Corporation legitimate?

Mission First Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mission First Housing Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $237,257
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,321,125

For more financial information, click here


Official website here: www.missionfirsthdc.org

What is the mission statement of Mission First Housing Development Corporation?

Mission First Housing Development Corporation is a not-for-profit organization that focuses on developing affordable, safe, and sustainable housing for individuals in need, particularly the vulnerable. Their mission encompasses the acquisition, rehabilitation, preservation, and new construction of housing units across the Mid-Atlantic region. The organization's primary goal is to provide decent, safe, and permanent independent housing for individuals who are limited by serious, long-term, or chronic disabilities or homelessness. Their real estate investment and development activities aim to improve living conditions and offer a sense of stability for these individuals.


Official website here: www.missionfirsthdc.org

Who is the CEO of Mission First Housing Development Corporation?

Thomas Ak Queenan is the President & Ceo Since June 2022 of Mission First Housing Development Corporation. The CEO's salary of Mission First Housing Development Corporation is $0 and their total compensation is $0.


Official website here: www.missionfirsthdc.org

What is the revenue of Mission First Housing Development Corporation?

Mission First Housing Development Corporation's revenue in 2022 was $6,447,258.


Official website here: www.missionfirsthdc.org

Who are the executives of Mission First Housing Development Corporation and what are their salaries?

The average compensation at Mission First Housing Development Corporation during 2022 was $194,798. There are 8 employees and 10 volunteers at Mission First Housing Development Corporation.


Here are 15 key members and their salaries (Mission First Housing Development Corporation's CEO's salary is $0 and their total compensation is $0):


Mark Duffy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Simmons (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Davidson Esq (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russel Johnson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry G Dittmann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Kilcoyne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Muldrow (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marva Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah S Constant (Senior Vp, Real Estate Development)
  • Compensation: $237,257
  • Related: $0
  • Other: $20,754
Robert Kwait (Assistant Secretary, Vp)
  • Compensation: $0
  • Related: $215,076
  • Other: $20,395
Mark Deitcher (Assistant Treasurer, Vp)
  • Compensation: $0
  • Related: $197,715
  • Other: $20,779
Chip Darling (Vice President & Coo)
  • Compensation: $0
  • Related: $185,000
  • Other: $20,395
Thomas Ak Queenan (President & Ceo Since June 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Everhart (Senior Development Manager)
  • Compensation: $167,018
  • Related: $0
  • Other: $4,453
Christopher Everett (Development Manager)
  • Compensation: $0
  • Related: $122,117
  • Other: $17,564


Official website here: www.missionfirsthdc.org

Where can I find the form 990 for Mission First Housing Development Corporation?

Mission First Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.missionfirsthdc.org

Learn more at the official website: www.missionfirsthdc.org

Mission Statement of Mission First Housing Development Corporation

Mission First Housing Development Corporation, a not-for-profit organization, is dedicated to the development of affordable, safe, and sustainable housing in the Mid-Atlantic region. The corporation's mission is to cater to the housing needs of individuals who are vulnerable due to serious, long-term, or chronic disabilities or homelessness. This mission is accomplished through various development activities, including the acquisition, rehabilitation, preservation, and construction of decent, secure, and permanent independent housing. Mission First Housing Development Corporation's work is geared towards providing a much-needed solution to the housing challenges faced by these individuals, thereby improving their living conditions and overall quality of life.

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Impact




October, 2024

Mission First Housing Development Corporation significantly impacts the Mid-Atlantic region by developing affordable, safe, and sustainable housing. It primarily addresses the needs of individuals facing serious, long-term disabilities or homelessness. Through real estate investment and development, Mission First focuses on creating decent, permanent housing options to ensure that the most vulnerable populations have access to stable living environments. Their comprehensive approach includes the acquisition, rehabilitation, preservation, and new construction of housing, contributing to community revitalization and enhancing the quality of life for those in need. By prioritizing these efforts in Washington, DC, and surrounding areas, Mission First plays a crucial role in alleviating housing insecurity and fostering inclusive communities.




This information is meant to be a general summary of Mission First Housing Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,447,258 (2022)
Expenses
$2,601,512 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $368,887
  • Program Service Revenue: $5,463,971
  • Gross Receipts: $6,447,258

Assets and Liabilities:

  • Total Assets: $39,296,357
  • Total Liabilities: $12,630,547
  • Net Assets: $26,665,810

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DEV. & CONSTRUCTION SERVICES

Revenue

$5,405,676

CONSULTING SERVICES

Revenue

$50,000

REAL ESTATE SERVICES

Revenue

$8,295

Organization Details

Founding Year

2010

Principal Officer

Thomas Ak Queenan

Main Address

1330 NEW HAMPSHIRE AVE NW 116, WASHINGTON, DC, 200366350

NTEE Category

Code: L21 - Housing

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