Milford Housing Development Corporation
Milford Housing Development Corporation
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About this organization
Mission
The mission of the MHDC is to provide decent, safe, and affordable housing solutions for people of modest means.
About
To provide and manage 189 low to moderate income housing units subsidized by HUD and USDA-RD, governed by HUD and USDA regulations; to provide assistance to individuals under the USDA self help housing program; to rehabilitate homes for sale to families of modest means; to provide construction services to entities providing housing to families of modest means; to maintain the financial and compliance records to ensure the families of modest means are receiving the proper benefits
Interesting data from their 2019 990 filing
The filing sets forth the mission of the non-profit as “The mission of the mhdc is to provide decent, safe, and affordable housing solutions for people of modest means.”.
When detailing its responsibilities, they were listed as: “The mission of the mhdc is to provide decent, safe, and affordable housing solutions for people of modest means.”.
- The state in which the non-profit is legally permitted to operate is DE.
- The address of the non-profit for 2019 according to the filing is 8637 S DUPONT HWY, FELTON, DE, 19943.
- The number of employees reported by the non-profit on their form as of 2019 is 28.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$1,887,391.
- The CEO compensation structure within the organization is based on a review and approval from a neutral party.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 9 independent voting members.
- The organization was formed in 1977.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $3,614,962 in salary, compensation, and benefits to its employees.
- The organization pays $90,937 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.
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