Overview
What is Mht Housing Iv Inc?
Mht Housing Iv Inc, located in Bingham Farms, Michigan, is a dedicated nonprofit organization with a mission to preserve and extend affordable housing for low and very low-income tenants. They achieve this by acquiring and operating multifamily residential real estate. By doing so, they contribute significantly to the community, ensuring that countless individuals have access to affordable living spaces. Their work is instrumental in maintaining housing affordability, thereby contributing to the overall well-being of the community.
Is Mht Housing Iv Inc legitimate?
Mht Housing Iv Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mht Housing Iv Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Mht Housing Iv Inc?
Mht Housing Iv Inc's mission is centered around preserving and extending affordable housing. They accomplish this by acquiring and managing multifamily residential real estate, providing homes for individuals with low and very low incomes. The organization's goal is to ensure that these individuals have access to affordable housing, thereby contributing to a more equitable housing landscape. By operating this real estate, Mht Housing Iv Inc aims to maintain and enhance the living conditions of its tenants, providing them with a stable and affordable living environment.
Who is the CEO of Mht Housing Iv Inc?
Timothy V Fox is the President of Mht Housing Iv Inc.
What is the revenue of Mht Housing Iv Inc?
Mht Housing Iv Inc's revenue in 2022 was $72,026.
Who are the executives of Mht Housing Iv Inc and what are their salaries?
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $474,555
- Other: $37,785
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $310,723
- Other: $17,139
- Compensation: $0
- Related: $307,890
- Other: $53,962
- Compensation: $0
- Related: $190,072
- Other: $32,701
- Compensation: $0
- Related: $207,384
- Other: $36,045
- Compensation: $0
- Related: $174,186
- Other: $14,509
- Compensation: $0
- Related: $180,561
- Other: $47,047
- Compensation: $0
- Related: $158,413
- Other: $34,569
Where can I find the form 990 for Mht Housing Iv Inc?
Mht Housing Iv Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mht Housing Iv Inc
Mht Housing Iv Inc, a nonprofit organization, is committed to preserving and extending affordable housing for individuals with low and very low incomes. This is achieved through the acquisition and operation of multifamily residential real estate. The mission of Mht Housing Iv Inc is to provide a residential solution for those who may not otherwise be able to afford housing, thereby contributing to the broader community by ensuring a diverse and inclusive living environment. By acquiring and managing these properties, Mht Housing Iv Inc is able to ensure that the residents have access to safe and affordable housing, thereby promoting stability and well-being. The organization's efforts in preserving and extending affordable housing are essential for maintaining a balanced and equitable society, where everyone has the opportunity to live in dignity.
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Impact
October, 2024
Mht Housing Iv Inc plays a crucial role in the preservation and extension of affordable housing, focusing specifically on the needs of low and very low-income tenants. By acquiring and operating multifamily residential properties, the organization ensures that individuals and families have access to stable and affordable living arrangements. This not only helps to alleviate housing insecurity but also fosters community growth and stability in Bingham Farms, MI, and beyond. Their efforts significantly contribute to creating a more equitable housing landscape, offering opportunities for families to thrive in a supportive environment.
This information is meant to be a general summary of Mht Housing Iv Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $741,239
- Program Service Revenue: -$1,026,213
- Gross Receipts: $72,026
Assets and Liabilities:
- Total Assets: $13,010,191
- Total Liabilities: $734,748
- Net Assets: $12,275,443
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE INCOME
Revenue
$60,836
HOUSING PROJECT REVENUE
Revenue
-$1,087,049
Organization Details
Founding Year
1998
Phone
(248) 833-0550Principal Officer
Timothy V Fox
Main Address
32500 TELEGRAPH ROAD, BINGHAM FARMS, MI, 48025
NTEE Category
Code: L20Z - Housing
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