Michigan · Nonprofit
MHT HOUSING INC
MHT HOUSING INC (Michigan) receives grants from 1 organization whose IRS filings report $8,500 to it, the largest being NATIONAL EQUITY FUND INC ($8,500). 0 of them have funded it in more than one year.
- Revenue FY2024
- $45M
- Funders on record
- 1
- Grants received
- $9k
- Net assets
- $270M
What Mht Housing Inc does
Mission
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.
As stated on its FY2024 Form 990.
Program
For the year ended december 31, 2024 mht housing, inc. (mht) received three low-income housing tax credit awards totaling 311 units. These projects will provide for 262 renovated units for preservation in the low-income housing system and 49 new construction units. These projects will house approximately 595 low-income individuals. Mht also applied for low-income housing tax credits for three additional projects. In addition, over the last year mht has completed the renovation of 642 low-income units and new construction of 53 low-income housing units which will house approximately 1,942 low-income individuals. Mht also made significant donations to other nonprofit organizations and to inner-city residents providing clothing, food and basic necessities that were well received and appreciated by those residents.
$10,062,855 spentof which $515,353 as grants$27,869,753 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $10,062,855.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $153M to $276M (+81%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2022 2% · 2023 4% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.
28% of MHT HOUSING INC’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Martha Richardson
Chairman (ended 10/24)
As listed on its FY2024 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
Left out of every figure on this page: $13M from one payer (the payer shares this organization's board, largest Mht Housing IV Inc). These are real filings, and they are not money MHT HOUSING INC raised.
From the IRS filings of MHT HOUSING INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
MHT HOUSING INC draws 100% of its grant income from funders outside Michigan, across 1 state in all.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MHT HOUSING INC runs a healthier operating margin than three-quarters of the 817 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 817 housing & shelter nonprofits $10M–$100M, FY2024
Organizations like MHT HOUSING INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Michigan
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
82% of spending goes to programs.
Governance
Public support
96%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 2 states
Part of a family of 19 related entities
- Mht Management LLC · disregarded
- 32500 Inc · disregarded
- Lansing Mht Low Profit L3c · disregarded
- Wafp Gp Inc · disregarded
- Mht Housing IV · exempt
Screen this organization
A dated, signed PDF of the compliance screen for MHT HOUSING INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MHT HOUSING INC?
- MHT HOUSING INC (Michigan) receives grants from 1 organization whose IRS filings report $8,500 to it, the largest being NATIONAL EQUITY FUND INC ($8,500). 0 of them have funded it in more than one year.
- How many funders does MHT HOUSING INC have?
- IRS filings report 1 organization giving $8,500 in grants to MHT HOUSING INC.
- Who is the largest funder of MHT HOUSING INC?
- NATIONAL EQUITY FUND INC is the largest funder on record, with $8,500 in grants. The full list of funders is on this page.
- How can an organization like MHT HOUSING INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing