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Mht Housing Inc.

Mht Housing Inc.

Bingham Farms, MI 48025
Tax ID38-2957148

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About this organization

Revenue

$14,847,142

Expenses

$5,973,059

Website

mhthousing.net

Mission

Preservation of low income housing

About

Mht Housing, Inc. for the year ended 3/31/19 received 5 low income housing tax credit awards totaling 378 units. These projects will provide for 336 renovated units for preservation in the low-income housing system and 42 units will be new construction low-income units. The new construction units will be targeted for men and women transitioning from homelessness. These projects will house approximately 1,035 low income individuals. In addition, over the last year Mht has completed the renovation of 256 low-income housing units and completed new construction of 77 low-income units which in total will house approximately 894 low income individuals. Mht Housing, Inc. made significant donations to several nonprofits including supporting an inner city charter school for students K-12.

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “To preserve and extend affordable housing in michigan through the acquisition and operation of multifamily residential real estate for low and very low income tenants.”.

When discussing its purpose, they were characterized as: “Preservation of low income housing”.

  • The state in which the non-profit is legally authorized to operate is MI, as reported.
  • The filing confirms that the non-profit's address in 2020 was 32600 TELEGRAPH ROAD, BINGHAM FARMS, MI, 48025.
  • The form of the non-profit reports 28 employees as of 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $8,874,083.
  • The organization has 0 independent voting members.
  • The organization was formed in 1990.
  • The organization pays $4,372,047 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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