· Public charity
Massachusetts Housing Investment Corporation
Mhic's mission is to be an innovative private financier of afforable housing and community development throughout new england, providing financing that would not otherwise be available, and extending the impact of that financing to ensure the broadest possible benefit.
What you funded, over time
By grantee IRS cause code (NTEE).
A cause breakdown isn’t shown here: 69% of MASSACHUSETTS HOUSING INVESTMENT CORPORATION’s grantee dollars fall outside its nine largest cause areas, whether because the recipient carries no IRS cause code or because its cause sits in the long tail. A chart would be mostly one residual band and misrepresent the portfolio.
Where the money goes
Your grants by size, and where they go.
The 5 grants below total $145,000 — the rows itemised in this filing. The $164,230 headline is the total grant expense reported on the return, so the remaining $19,230 is giving the schedule does not break out: grants under the $5,000 itemisation floor, grants to individuals, and grants reported on other schedules. Every figure below describes the itemised rows only.
By grant size · FY2024
- $10k–50k4 grants · $80k
- $50k–250k1 grant · $65k
| Recipient | Amount |
|---|---|
| NATIONAL ASSOCIATION OF STATE AND LOCAL EQUITY FUNDS | $65,000 |
| MASSACHUSETTS ASSOCIATION OF COMMUNITY DEVELOPMENT CORP | $30,000 |
| CITIZENS HOUSING AND PLANNING ASSOCIATION | $25,000 |
| NATIONAL ASSOCIATION OF AFFORDABLE HOUSING LENDERS | $15,000 |
| URBAN EDGE | $10,000 |
Do your dollars go where the need is?
Each grant placed by the hardship in its grantee’s ZIP, then read against the area’s typical level.
Your human-services grants (FY17–17, $14k) land where the poverty rate runs at 14%, against an area that typically sits at 10%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of your grants land in higher-need ZIPs.
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty linein the grantee’s ZIP, averaged from the tracts in that ZIP; grantee ZIP can differ from where services are delivered.
US grants placed by each grantee’s ZIP, which can differ from where services are actually delivered. Need from public data — U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA — shown as context about the area, never attributed to your giving.
Who you back again
Which organizations you funded more than once, and which you funded a single time. Each grantee is matched to its own filings.
And the relationships you keep tend to grow: grantees you re-up on have seen median revenue of +92% since the first grant, against +76% for the ones you funded once.
4 repeat relationships — 4 still active in FY2024, 0 since wound down; 1 grantees were first funded in FY2024 (too recent to call).
How the two cohorts compare
Organizations
Total granted
Median revenue growth · since first grant
Still filing today
New vs renewed · share of each year
In FY2024, 93% of grant dollars renewed an existing relationship; $10k went to new ones.
Where new relationships form · theme of each grantee’s first grant
First-time = a grantee’s first year in your filing window; renewed = funded in an earlier year too. As a portfolio matures the renewed share naturally climbs — once funded, an org stays “renewable” — so the signal is the years that buck it (a new-grantee intake wave). The earliest year is left-censored: relationships that predate the data read as “new.” Theme is the grantee’s IRS cause.
Backed again, and grew
- NANATIONAL ASSOCIATION OF STATE AND LOCAL EQUITY FUNDS8× · 2017–2024 · $294k · revenue +121%
CITIZENS' HOUSING AND PLANNING ASSOCIATION INC7× · 2018–2024 · $175k · revenue +28%- MAMASSACHUSETTS ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATION6× · 2017–2024 · $125k · revenue +92%
Funded once
- HNHOUSING NAVIGATOR MASSACHUSETTSone grant, 2020 · $25k
JAMAICA PLAIN NEIGHBORHOOD DEVELOPMENT CORPORATIONgraduatedone grant, 2017 · $20k · revenue +162%- CFCENTER FOR AFFORDABLE HOUSING LENDINGone grant, 2017 · $14k · revenue -56%
Repeat = funded in two or more distinct years; growth and survival are read from each grantee’s own subsequent IRS filings.
The map has a center of gravity: the average direction from the rest of the sector toward the organizations the foundation funds — the shape of its giving. Scoring every nonprofit along that direction surfaces the ones that look most like the portfolio. These are the closest matchesthat aren’t grantees — a resemblance in what they say they do, not a recommendation.
Chn housing capital is a certified community development financial institution serving low-income individuals and distressed communities guided by the belief that homeownership should be within everyone's reach.
To increase the availability of affordable housing in nebraska.
Mhic's mission is to be an innovative private financier of afforable housing and community development throughout new england, providing financing that would not otherwise be available, and extending the impact of that financing to ensure…
To develop, finance, and advocate for affordable housing at scale that promotes racial equity and healthy communities where families thrive.
Generating economic development & combating community deterioration in low-income communities.
Mission: to create economically diverse neighborhoods filled with financially empowered citizens and housing for all.vision: all chattanoogans can afford a safe place in a strong neighborhood to call home. belief: we believe the future of…
Maha breaks down barriers facing first-time and first-generation home buyers and owners through education, counseling, advocacy, and grassroots organizing.
Housing partnership development corporation functions to provide available low and moderate cost housing in the new york metro area through new housing production, preservation, rehabilitation, as well as the revitalization and…
Npcdc's mission is to initate, sponsor and operate housing and economic development projects that create economic stability and upward mobility for low-income families in metropolitan washington, dc.
The organization's mission is to provide management and supporting services for related organizations which own and operate low-income housing units for qualified individuals in the city of cambridge, ma.
Develop, preserve and operate affordable housing for low and moderate- income households and provde services to residents to maintain housing stability, improve quality of life and break the cycle of poverty.
The promotion, maintenance and management of housing in the south end of boston, massachusetts, to low and moderate-income families of every race, religion, and nationality.
For reference, the grantee most central to the portfolio’s shape is Home City Development Inc and the most unlike its peers is The Alliance for Business Leadership Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
14 grantees tracked through their own filings, 2017–2025.
Each one resolved to its own IRS returns and tracked year by year — your grant beside their revenue from every source. Association, dated; never a causal claim.
Counted here: distinct organizations you funded across 2017–2025, not grant rows in a single year — so this will not match the grant count on the cover. 14 of the 16 grantees resolved in that span have returns of their own we could reconcile; the rest are funded organizations whose filings we could not track year by year.
Where your money sits — by cause, then by grantee
Each org by its size and your share of it — top-left is where you’re load-bearing
Go grantee by grantee — a decade per org, and how each moved after you funded them
A decade per grantee — revenue shaded, your grants as bars, all rows on one timeline.
- Who funds NATIONAL ASSOCIATION OF STATE AND LOCAL EQUITY FUNDS ↗
- Who funds CITIZENS' HOUSING AND PLANNING ASSOCIATION INC ↗
- Who funds MASSACHUSETTS ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATION ↗
- Who funds NATIONAL ASSOCIATION OF AFFORDABLE HOUSING LENDERS ↗
- Who funds JAMAICA PLAIN NEIGHBORHOOD DEVELOPMENT CORPORATION ↗
- Who funds CENTER FOR AFFORDABLE HOUSING LENDING ↗
- Who funds HOME CITY DEVELOPMENT INC ↗
- Who funds URBAN EDGE HOUSING CORPORATION ↗
- Who funds THE ALLIANCE FOR BUSINESS LEADERSHIP INC ↗
- Who funds THE NEIGHBORHOOD DEVELOPERS INC ↗
- Who funds LAWRENCE COMMUNITYWORKS INC ↗
- Who funds CREW BOSTON INC ↗
- Who funds LOCAL INITIATIVES SUPPORT CORPORATION ↗
- Who funds MADISON PARK DEVELOPMENT CORPORATION ↗
The grantmakers whose grantees overlap with yours far more than size alone predicts. Each orbits closer the stronger the alignment; the arcs between them show where they also fund each other. Here it reads as a tightly interlocked camp — most of these funders back each other's grantees too.
Open a dossier: United Way Of Massachusetts Bay Inc · Eastern Bank Foundation · Boston Foundation Inc · Mass General Brigham Incorporated & Affiliates Group Return · Neighborhood Reinvestment Corporation · Enterprise Community Partners Inc · Local Initiatives Support Corporation · Td Charitable Foundation · Children's Hospital Corporation · Cambridge Savings Charitable Foundation Inc · Rockland Trust Charitable Foundation Inc · Liberty Mutual Foundation Inc
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. A research starting point: overlap is association, not proof of shared intent.
Government reliance of your grantees
Every dot is one organization Massachusetts Housing Investment Corporation funds. Left–right is the share of its income from government; up–down is the share from you. Bigger dots raise more. Filter to federal, a single department, or state — and drag the year to watch it move.
- Citizens' Housing and Planning Association Inc — 26% of income from government
- Jamaica Plain Neighborhood Development Corporation — 9% of income from government
- Lawrence Communityworks Inc — 9% of income from government
- The Neighborhood Developers Inc — 3% of income from government
- Urban Edge Housing Corporation — 2% of income from government
- Madison Park Development Corporation — 1% of income from government
Government income is each org’s traced federal awards (USASpending — grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that your grant caused the public funding. Coverage is precision-first — a floor, not a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12–24 months.