Overview
What is Mhp Town Centre Inc?
Mhp Town Centre Inc, a nonprofit organization under the control of Montgomery Housing Partnership Inc., was established with the mission to provide affordable housing for low-income families. In 1993, they acquired and renovated an abandoned motel, Town Centre Inn, in Silver Spring, MD, transforming it into 74 units of reasonably priced housing. The organization's focus is solely on this initiative, contributing to the local community by offering a vital service for families in need. Although the information array does not provide details about their reach or additional programs, Mhp Town Centre Inc remains dedicated to its primary objective: providing affordable housing.
Is Mhp Town Centre Inc legitimate?
Mhp Town Centre Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mhp Town Centre 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
For more financial information, click here
What is the mission statement of Mhp Town Centre Inc?
MHP Town Centre Inc, under the control of Montgomery Housing Partnership Inc., has a mission to provide affordable housing for low-income families. They achieved this by acquiring a vacant and boarded motel, Town Centre Inn, in Silver Spring, MD, in January 1993, and transforming it into 74 units of affordable housing. The organization's primary objective is to support those with limited financial resources, providing them with a place to call home.
Who is the CEO of Mhp Town Centre Inc?
Robert Goldman is the Treasurer of Mhp Town Centre Inc.
What is the revenue of Mhp Town Centre Inc?
Mhp Town Centre Inc's revenue in 2022 was $380,532.
Who are the executives of Mhp Town Centre Inc and what are their salaries?
There 3 volunteers at Mhp Town Centre Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $94,980
- Other: $19,220
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $291,957
- Other: $49,394
- Compensation: $0
- Related: $97,259
- Other: $992
- Compensation: $0
- Related: $120,253
- Other: $12,216
- Compensation: $0
- Related: $79,610
- Other: $2,304
Where can I find the form 990 for Mhp Town Centre Inc?
Mhp Town Centre Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mhp Town Centre Inc
Mhp Town Centre Inc, a nonprofit organization, was established with a mission to provide affordable housing for low-income families. This mission was executed by acquiring a vacant, boarded motel named Town Centre Inn in January 1993, located in Silver Spring, MD. Under Mhp Town Centre Inc's management, the motel was transformed into 74 units of affordable housing, making a significant contribution to the housing needs of the community's less fortunate residents. The organization, wholly controlled by Montgomery Housing Partnership, Inc., played a crucial role in making affordable housing a reality for many families, thereby enhancing their living standards.
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Impact
October, 2024
MHP Town Centre Inc has made a significant impact in Silver Spring, MD, by converting the Town Centre Inn, a vacant boarded motel, into 74 units of affordable housing for low-income families since its acquisition in January 1993. This initiative has not only addressed the pressing need for affordable housing in the area but also has contributed to the revitalization of the community. By providing safe and stable living conditions, MHP Town Centre Inc helps families secure a foundation that supports their overall well-being and enhances their opportunities for economic and social mobility. The presence of these affordable housing units also contributes to neighborhood stability, fostering a sense of community among residents.
This information is meant to be a general summary of Mhp Town Centre 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: $380,532
- Gross Receipts: $380,532
Assets and Liabilities:
- Total Assets: $139,058
- Total Liabilities: $0
- Net Assets: $139,058
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Organization Details
Founding Year
1992
Phone
(301) 622-2400Principal Officer
Robert Goldman
Main Address
12200 TECH ROAD 250, SILVER SPRING, MD, 20904
NTEE Category
Code: L80Z - Housing
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