Nebraska · Nonprofit
MIDWEST HOUSING DEVELOPMENT FUND INC
MIDWEST HOUSING DEVELOPMENT FUND INC (Nebraska) receives grants from 5 organizations whose IRS filings report $7,375,000 to it, the largest being The Chicago Community Trust ($6,000,000). 4 of them have funded it in more than one year, and 84% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $12M
- Funders on record
- 5
- Grants received
- $7.4M
- Net assets
- $37M
What Midwest Housing Development Fund Inc does
Mission
The mission of midwest housing development fund is to promote sustainable community development and quality of life in the midwest by providing resources for the development of affordable housing.
As stated on its FY2024 Form 990.
Program
Midwest housing development fund has provided and/or facilitated financing in connection with development of low and moderate income and workforce housing. Since the organization's inception, it has made 316 loans totaling over $249 million. These loans helped create over 10,000 affordable rental housing units for individuals and families across the midwest. During the year ended december 31, 2024, the organization was able to provide over $50 million between 28 new loans to help finance affordable housing. Midwest housing development fund began providing and facilitating financing for affordable, workforce housing in 2017. In 2020 mhdf expanded the development services in nebraska to the metro omaha iowa counties. These technical assistance services are for affordable and workforce housing and the initiative is named midwest housing resource network. The midwest housing resource network functions continue through the combined efforts of nebraska strategic housing council led by the nebraska investment finance authority, the nebraska housing developers' association technical assistance, and midwest housing development fund direct development services and technical assistance to…
$2,369,027 spentof which $43,633 as grants$3,106,533 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $2,369,027.
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 $75M to $96M (+29%).
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: 2018 58% · 2019 79% · 2020 47% · 2021 36% · 2022 67% · 2023 47% · 2024 11%. Grants only. Government contracts and fees sit inside program revenue.
66% of MIDWEST HOUSING DEVELOPMENT FUND INC’s revenue is contributions — about as donation-reliant as the typical peer (80% 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.
Who funds it, year by year
2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income rose $75k → $100k.
2 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 84% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $40k from one payer (the payer shares this organization's board, largest Midwest Housing Equity Group Inc). These are real filings, and they are not money MIDWEST HOUSING DEVELOPMENT FUND INC raised.
From the IRS filings of MIDWEST HOUSING DEVELOPMENT FUND 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.
How concentrated its funding is
MIDWEST HOUSING DEVELOPMENT FUND INC leans on a few funders — its largest provides 81% of grant income and the top three 94%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
88% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MIDWEST HOUSING DEVELOPMENT FUND INC.
Largest funder’s share by year: 2017 67% · 2018 100% · 2019 71% · 2020 100% · 2021 38% · 2022 48% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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
84% of MIDWEST HOUSING DEVELOPMENT FUND INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.1M that is directly attributable, 78% of it comes from Nebraska funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $6.2M arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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
MIDWEST HOUSING DEVELOPMENT FUND INC runs a healthier operating margin than three-quarters of the 828 philanthropy nonprofits its size.
this organization peer median middle 50% of peers· 828 philanthropy nonprofits $10M–$100M, FY2024
Government funding MIDWEST HOUSING DEVELOPMENT FUND INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $31.8M on record.
- Department of the Treasury$31.8M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like MIDWEST HOUSING DEVELOPMENT FUND 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 Nebraska
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
98% of spending goes to programs.
Governance
Public support
94%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Midwest Housing Equity Group Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for MIDWEST HOUSING DEVELOPMENT FUND 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 MIDWEST HOUSING DEVELOPMENT FUND INC?
- MIDWEST HOUSING DEVELOPMENT FUND INC (Nebraska) receives grants from 5 organizations whose IRS filings report $7,375,000 to it, the largest being The Chicago Community Trust ($6,000,000). 4 of them have funded it in more than one year, and 84% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does MIDWEST HOUSING DEVELOPMENT FUND INC have?
- IRS filings report 5 organizations giving $7,375,000 in grants to MIDWEST HOUSING DEVELOPMENT FUND INC, 4 of which have funded it in more than one year.
- Who is the largest funder of MIDWEST HOUSING DEVELOPMENT FUND INC?
- The Chicago Community Trust is the largest funder on record, with $6,000,000 in grants. The full list of funders is on this page.
- How can an organization like MIDWEST HOUSING DEVELOPMENT FUND INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Nebraska. 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 5 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