MASSACHUSETTS HOUSING INVESTMENT CORP: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MASSACHUSETTS HOUSING INVESTMENT CORP (EIN 04-3094550)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202403199349312385
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T14:52:27-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042734675 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DANIEL DENNIS & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 990 WASHINGTON STREET STE 203 | AddressLine1Txt |
| City | DEDHAM | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02026 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043094550 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS HOUSING INVESTMENT | BusinessNameLine1Txt |
| Business Name Line2 | CORPORATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MASS | BusinessNameControlTxt |
| Phone | 6178501000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 CUSTOM HOUSE STREET 8TH FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM THOMPSON | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 6178501000 | PhoneNum |
| Signature | 2024-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ERIC MAHONEY | PreparerPersonNm |
| PTIN | P01794716 | PTIN |
| Phone | 6172629898 | PhoneNum |
| Preparation | 2024-11-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | WILLIAM THOMPSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 CUSTOM HOUSE STREET 8TH FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $73,602,541 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MHIC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1990 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | 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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 35 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,800,184 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,657,470 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $12,180,733 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $11,401,121 | CYProgramServiceRevenueAmt |
| PY Investment Income | $80,866 | PYInvestmentIncomeAmt |
| CY Investment Income | $60,543,950 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $16,061,783 | PYTotalRevenueAmt |
| CY Total Revenue | $73,602,541 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $136,945 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $135,308 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $8,507,562 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,464,141 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,858,160 | PYOtherExpensesAmt |
| CY Other Expenses | $64,207,270 | CYOtherExpensesAmt |
| PY Total Expenses | $13,502,667 | PYTotalExpensesAmt |
| CY Total Expenses | $71,806,719 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,559,116 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,795,822 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $65,477,306 | TotalAssetsBOYAmt |
| Total Assets EOY | $69,106,179 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $36,836,388 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $38,747,799 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $28,640,918 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $30,358,380 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,548,735 | ExpenseAmt |
| Revenue | $2,119,880 | RevenueAmt |
| Desc | MANAGED A PROGRAM THAT PROVIDES FINANCING TO COMMERCIAL REAL ESTATE PROPERTIES AND BUSINESSES IN LOW-INCOME COMMUNITIES, THEREBY STIMULATING ECONOMIC DEVELOPMENT AND JOB CREATION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,336,454 | ExpenseAmt |
| Revenue | $5,845,071 | RevenueAmt |
| Desc | MANAGED A PROGRAM THAT PROVIDES FINANCING FOR EQUITY INVESTMENT IN LOW-INCOME HOUSING DEVELOPMENTS THAT QUALIFY FOR TAX CREDITS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $63,956,595 | ExpenseAmt |
| Grant | $135,308 | GrantAmt |
| Revenue | $62,593,692 | RevenueAmt |
| Desc | MANAGED A PROGRAM THAT PROVIDES LOANS TO FINANCE LOW-INCOME HOUSING OR TO BRIDGE INVESTOR CAPITAL OF AFFILIATED PROGRAMS. FUNDING FOR THIS PROGRAM INCLUDES GRANTS OR OTHER ASSISTANCE FROM THE U.S. DEPARTMENT OF THE TREASURY COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND AND OTHER STATE AND LOCAL MUNICIPALITIES IN ADDITION TO DEBT FINANCING FROM THE FEDERAL HOME LOAN BANK OF BOSTON AND OTHER VARIOUS LENDERS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $474,973 | ExpenseAmt |
| Revenue | $441,735 | RevenueAmt |
| Desc | MANAGED A PROGRAM THAT PROVIDES FINANCING TO INVESTS IN, MAKES LOANS TO, AND MANAGES PRIVATE EQUITY FUNDS THAT HOLD TRANSIT ORIENTED AND WORK FORCE HOUSING TO THE BENEFIT OF RESIDENTS BETWEEN 60 AND 130% AMI. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $474,973 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $441,735 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $70,316,757 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 33 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 35 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM THOMPSON CHIEF FINANCIAL OFFICER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6178501000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21 CUSTOM HOUSE STREET 8TH FLOOR | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02110 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| DANIEL CRUZ | |||||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| ELIZABETH GRUBER | |||||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| B JOHN DILL | |||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| PATRICIA MARINILLI | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| THOMAS ALPERIN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| AMY FARRELL | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SHEILA DILLON | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| KEITH FAIREY | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PETER GAGLIARDI | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PAMELA FEINGOLD | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| EVELYN FRIEDMAN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| TOM GLEASON | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LESLIE REID | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| KEITH NISBET | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DIANE SMITH | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| AMY SCHECTMAN | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| AL ULUATAM | |||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MODDIE TURAY | |||||||||
| PRESIDENT & CEO | 40.00 | Yes (X) | Yes (X) | $545,165 | $0 | $59,447 | |||
| WILLIAM THOMPSON | |||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | $361,251 | $0 | $63,355 | ||||
| CHARLES EDWARDS | |||||||||
| DIRECTOR OF ACCOUNTING | 40.00 | $291,286 | $0 | $38,965 | Yes (X) | ||||
| DEBORAH FAVREAU | |||||||||
| CHIEF DEVELOPMENT OFFICER | 40.00 | $278,328 | $0 | $62,605 | Yes (X) | ||||
| SCOTT BACKMAN | |||||||||
| DIRECTOR OF ASSET MANAGEMENT | 40.00 | $295,034 | $0 | $51,388 | Yes (X) | ||||
| TRAVIS WATSON | |||||||||
| DIRECTOR OF RACIAL EQUITY | 40.00 | $252,533 | $0 | $56,265 | Yes (X) | ||||
| MASON SHEELER | |||||||||
| SENIOR INVESTMENT OFFICER | 40.00 | $254,150 | $0 | $39,132 | Yes (X) | ||||
| ELIZABETH RONAYNE | |||||||||
| CHIEF DEVELOPMENT OFFICER | 40.00 | $229,163 | $0 | $29,938 | Yes (X) | ||||
| CAROLYN ANDERSON | |||||||||
| CONSTRUCTION LIAISON OFFICER | 40.00 | $210,379 | $0 | $35,788 | Yes (X) | ||||
| JOSHUA SAMPSON | |||||||||
| TREASURY OFFICER | 40.00 | $180,409 | $0 | $43,120 | Yes (X) | ||||
| JOSEPH L FLATLEY | |||||||||
| FORMER PRESIDENT & CEO | 40.00 | $167,162 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,064,860 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $480,003 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 29 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NOLAN SHEEHAN PATTEN LLP | |||||
| 101 FEDERAL STREET 18TH FLOOR | BOSTON | MA | 02110 | LEGAL | $1,151,168 |
| HOLLAND & KNIGHT LLP | |||||
| 10 ST JAMES AVENUE 11TH FLOOR | BOSTON | MA | 02116 | LEGAL | $210,616 |
| SPECIALTY CONSULTANTS INC | |||||
| 320 FORTE DUQUESNE BLV SUITE 2710 | PITTSBURG | PA | 15222 | CONSULTING | $187,334 |
| SHALINI KONDURI | |||||
| 237 SADDLEWORTH PLACE | HEATHROW | FL | 32746 | IT CONSULTING | $155,692 |
| SB FRIEDMAN | |||||
| 70 WEST MADISON STREET SUITE 3700 | CHICAGO | IL | 60602 | CONSULTING | $151,333 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,657,470 | GovernmentGrantsAmt |
| Total Contributions | $1,657,470 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| LIHTC PROGRAM FEES | 531390 | $5,845,071 | $5,845,071 |
| LOAN AND MANAGEMENT FEE REVENUE | 531390 | $2,994,435 | $2,994,435 |
| NMTC PROGRAM FEES | 531390 | $2,119,880 | $2,119,880 |
| HNEF PROGRAM FEES | 531390 | $441,735 | $441,735 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $11,401,121 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $944,693 | TotalRevenueColumnAmt |
| Exclusion | $944,693 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $59,599,257 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $59,599,257 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $59,599,257 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $59,599,257 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $73,602,541 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $71,000,378 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $944,693 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $135,308 | TotalAmt |
| Program Services | $135,308 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,938,229 | TotalAmt |
| Program Services | $1,688,135 | ProgramServicesAmt |
| Management And General | $250,094 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,355,764 | TotalAmt |
| Program Services | $3,793,730 | ProgramServicesAmt |
| Management And General | $562,034 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $384,184 | TotalAmt |
| Program Services | $334,612 | ProgramServicesAmt |
| Management And General | $49,572 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $451,152 | TotalAmt |
| Program Services | $392,939 | ProgramServicesAmt |
| Management And General | $58,213 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $334,812 | TotalAmt |
| Program Services | $291,610 | ProgramServicesAmt |
| Management And General | $43,202 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,539,475 | TotalAmt |
| Program Services | $1,384,519 | ProgramServicesAmt |
| Management And General | $154,956 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,905 | TotalAmt |
| Program Services | $93,905 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $951,500 | TotalAmt |
| Program Services | $951,500 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $165,827 | TotalAmt |
| Management And General | $165,827 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,917 | TotalAmt |
| Program Services | $114,895 | ProgramServicesAmt |
| Management And General | $17,022 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,503 | TotalAmt |
| Program Services | $50,083 | ProgramServicesAmt |
| Management And General | $7,420 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $539,787 | TotalAmt |
| Program Services | $470,138 | ProgramServicesAmt |
| Management And General | $69,649 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,941 | TotalAmt |
| Program Services | $111,466 | ProgramServicesAmt |
| Management And General | $12,475 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,022 | TotalAmt |
| Program Services | $58,477 | ProgramServicesAmt |
| Management And General | $6,545 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $270,799 | TotalAmt |
| Program Services | $270,799 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,319 | TotalAmt |
| Program Services | $58,633 | ProgramServicesAmt |
| Management And General | $8,686 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RESERVE FOR CREDIT LOSS | Desc |
| Total | $59,721,067 | TotalAmt |
| Program Services | $59,721,067 | ProgramServicesAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $479,208 | TotalAmt |
| Program Services | $394,941 | ProgramServicesAmt |
| Management And General | $84,267 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,806,719 | TotalAmt |
| Program Services | $70,316,757 | ProgramServicesAmt |
| Management And General | $1,489,962 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,252,715 | BOYAmt |
| EOY | $28,110,853 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,399,605 | BOYAmt |
| EOY | $7,387,928 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,234 | BOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,702,984 | BOYAmt |
| EOY | $26,111,132 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $679,908 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $639,726 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,502 | BOYAmt |
| EOY | $40,182 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $324,831 | BOYAmt |
| EOY | $319,400 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,081,428 | BOYAmt |
| EOY | $5,913,331 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,580,007 | BOYAmt |
| EOY | $1,223,353 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,477,306 | BOYAmt |
| EOY | $69,106,179 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,862,631 | BOYAmt |
| EOY | $2,523,807 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,038,944 | BOYAmt |
| EOY | $8,014,811 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,380,165 | BOYAmt |
| EOY | $27,122,677 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,554,648 | BOYAmt |
| EOY | $1,086,504 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,836,388 | BOYAmt |
| EOY | $38,747,799 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,885,918 | BOYAmt |
| EOY | $27,895,910 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,755,000 | BOYAmt |
| EOY | $2,462,470 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,640,918 | BOYAmt |
| EOY | $30,358,380 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,477,306 | BOYAmt |
| EOY | $69,106,179 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,795,822 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$78,360 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,065,229 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,629,427 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,449,891 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,800,184 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,657,470 | CurrentTaxYearAmt |
| Total | $19,602,201 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,844,295 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,373,709 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,318,596 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,180,733 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $71,000,378 | CurrentTaxYearAmt |
| Total | $112,717,711 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,909,524 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,003,136 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $18,768,487 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,980,917 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $72,657,848 | CurrentTaxYearAmt |
| Total | $132,319,912 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $132,319,912 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $129,216 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $45,397 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,219 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $80,866 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $944,693 | CurrentTaxYearAmt |
| Total | $1,215,391 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $129,216 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $45,397 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,219 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $80,866 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $944,693 | CurrentTaxYearAmt |
| Total | $1,215,391 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,038,740 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,048,533 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $18,783,706 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,061,783 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $73,602,541 | CurrentTaxYearAmt |
| Total | $133,535,303 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.99090 | PublicSupportCY509Pct |
| Public Support PY509 | 0.99500 | PublicSupportPY509Pct |
| Investment Income CY | 0.00910 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00500 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $550,074 | OtherCostOrOtherBasisAmt |
| Depreciation | $511,477 | DepreciationAmt |
| Book Value | $38,597 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $129,834 | OtherCostOrOtherBasisAmt |
| Depreciation | $128,249 | DepreciationAmt |
| Book Value | $1,585 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $40,182 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM RELATED INVESTMENTS | Desc |
| Book Value | $5,913,331 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $5,913,331 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING LEASE LIABILITY | Desc |
| Amt | $1,086,504 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,086,504 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | MHIC EVALUATES TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN ITS TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD, ALONG WITH ACCRUED INTEREST AND PENALTY THEREON WOULD BE RECORDED AS AN EXPENSE IN THE CURRENT YEAR FINANCIAL STATEMENTS. AT DECEMBER 31, 2023, MHIC BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS WITHIN ANY OF ITS OPEN TAX YEARS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| NATIONAL ASSOCIATION OF STATE AND LOCAL EQUITY FUNDS | ||||||||||
| 1970 BROADWAY SUITE 250 | OAKLAND | CA | 94612 | 311416668 | 501(C)(3) | $65,000 | $0 | BOOK | N/A | CHARITABLE CONTRIBUTION FOR GENERAL FUNDING |
| CITIZENS HOUSING AND PLANNING ASSOCIATION | ||||||||||
| 18 TREMONT STREET | BOSTON | MA | 02108 | 046138418 | 501(C)(3) | $25,000 | $0 | BOOK | N/A | CHARITABLE CONTRIBUTION FOR GENERAL FUNDING |
| MASSACHUSETTS ASSOCIATION OF COMMUNITY DEVELOPMENT CORP | ||||||||||
| 15 COURT SQUARE | BOSTON | MA | 02108 | 042759909 | 501(C)(3) | $15,000 | $0 | BOOK | N/A | CHARITABLE CONTRIBUTION FOR GENERAL FUNDING |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | IN GENERAL, MHIC DOES NOT DISTRIBUTE GRANTS WITH COVENANTS OR ANY OTHER STIPULATION ON HOW THEY MUST BE USED. THEY ARE GENERALLY UNRESTRICTED DONATIONS AND THEREFORE MHIC DOES NOT HAVE A MONITORING RESPONSIBILITY ONCE THEY ARE DISTRIBUTED. MHIC DOES MAINTAIN RECORDS SUPPORTING THE AMOUNT AND ENTITY THESE GRANTS ARE DISTRIBUTED TO. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MODDIE TURAY | ||||||||||||||
| PRESIDENT & CEO | $464,621 | $0 | $80,544 | $0 | $0 | $0 | $36,664 | $0 | $22,783 | $0 | $604,612 | $0 | $0 | $0 |
| WILLIAM THOMPSON | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $279,462 | $0 | $71,705 | $0 | $10,084 | $0 | $22,241 | $0 | $41,114 | $0 | $424,606 | $0 | $0 | $0 |
| SCOTT BACKMAN | ||||||||||||||
| DIRECTOR OF ASSET MANAGEMENT | $229,167 | $0 | $58,238 | $0 | $7,629 | $0 | $18,212 | $0 | $33,176 | $0 | $346,422 | $0 | $0 | $0 |
| DEBORAH FAVREAU | ||||||||||||||
| CHIEF DEVELOPMENT OFFICER | $217,930 | $0 | $55,922 | $0 | $4,476 | $0 | $17,316 | $0 | $45,289 | $0 | $340,933 | $0 | $0 | $0 |
| CHARLES EDWARDS | ||||||||||||||
| DIRECTOR OF ACCOUNTING | $225,538 | $0 | $57,243 | $0 | $8,505 | $0 | $17,874 | $0 | $21,091 | $0 | $330,251 | $0 | $0 | $0 |
| TRAVIS WATSON | ||||||||||||||
| DIRECTOR OF RACIAL EQUITY | $201,105 | $0 | $51,352 | $0 | $76 | $0 | $15,993 | $0 | $40,272 | $0 | $308,798 | $0 | $0 | $0 |
| MASON SHEELER | ||||||||||||||
| SENIOR INVESTMENT OFFICER | $194,610 | $0 | $48,290 | $0 | $11,250 | $0 | $15,495 | $0 | $23,637 | $0 | $293,282 | $0 | $0 | $0 |
| ELIZABETH RONAYNE | ||||||||||||||
| CHIEF DEVELOPMENT OFFICER | $227,404 | $0 | $0 | $0 | $1,759 | $0 | $16,288 | $0 | $13,650 | $0 | $259,101 | $0 | $0 | $0 |
| CAROLYN ANDERSON | ||||||||||||||
| CONSTRUCTION LIAISON OFFICER | $167,661 | $0 | $41,960 | $0 | $758 | $0 | $13,316 | $0 | $22,472 | $0 | $246,167 | $0 | $0 | $0 |
| JOSHUA SAMPSON | ||||||||||||||
| TREASURY OFFICER | $144,294 | $0 | $29,039 | $0 | $7,076 | $0 | $11,445 | $0 | $31,675 | $0 | $223,529 | $0 | $0 | $0 |
| JOSEPH L FLATLEY | ||||||||||||||
| FORMER PRESIDENT & CEO | $167,162 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $167,162 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4A | FormAndLineReferenceDesc |
| Explanation | MHIC PAID SEVERANCE COMPENSATION TO THE FORMER PRESIDENT AND CEO JOSEPH FLATELY IN THE AMOUNT OF $167,162 | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE AUDIT COMMITTEE VOTED TO AUTHORIZE THE DIRECTOR OF FINANCE TO TAKE RESPONSIBILITY FOR THE 990 AND REVIEW THE DRAFT PRESENTED BY THE AUDITORS. AFTER REVIEWING THE 990 AND ALL QUESTIONS HAVE BEEN ANSWERED, A COPY IS FORWARDED TO THE BOARD MEMBERS PRIOR TO SUBMITTAL TO THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL DIRECTORS AND OFFICERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST. THE TRANSACTIONS AND ACTIVITIES OF THE ORGANIZATION ARE MONITORED ON AN ONGOING BASIS BY MANAGEMENT, THE BOARD OF DIRECTORS AND BOARD APPOINTED COMMITTEES. ANY CONFLICTS THAT ARISE ARE DEALT WITH ACCORDING TO THE ORGANIZATION'S DETAILED CONFLICT OF INTEREST POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION OF THE PRESIDENT / CEO IS SET BY MHIC'S COMPENSATION COMMITTEE BASED UPON A REPORT FROM AN INDEPENDENT COMPENSATION CONSULTANT. THE REPORT INCLUDES COMPARABLE COMPENSATION DATA FOR THE SAME POSITON FOR ORGANIZATIONS OF SIMILAR SIZE WITHIN OUR INDUSTRY. THE DECISION OF THE COMPENSATION COMMITTEE IS REVIEWED BY MHIC'S BOARD OF DIRECTORS PRIOR TO BEING FINALIZED. THE COMPENSATION OF ALL OTHER STAFF IS DETERMINED VIA A FORMAL SALARY ADMINSTRATION PROCESS. A JOB DESCRIPTION IS ESTABLISHED FOR EACH POSITION. ALL POSITIONS ARE CLASSIFIED INTO JOB FAMILIES BASED ON SIMILARITY OF KNOWLEDGE, SKILLS, AND EXPERIENCES REQUIRED TO PERFORM THE JOB. EACH POSITION IS PRICED ACCORDING TO MARKET (BASED UPON SALARY SURVEYS) AND GROUPED INTO A SALARY RANGE. THE SALARY RANGE REPRESENTS THE MINIMUM, MIDPOINT, AND MAXIMUM COMPENSATION FOR A GIVEN POSITION. AS A GUIDE TO MANAGERS IN PLANNING PERCENT INCREASES FOR EMPLOYEES, A MERIT INCREASE GUIDE IS PREPARED AND DISTRIBUTED EACH YEAR. THE PURPOSE OF THE MERIT SALARY INCREASE GUIDE IS TO FACILITATE THE CALCULATION OF A SALARY INCREASE AMOUNT TAKING INTO CONSIDERATION THE PERFORMANCE DESIGNATION AND THE POSITION OF THE EMPLOYEE'S SALARY IN THE SALARY RANGE. |
| FORM 990, PART VI, SECTION C, LINE 19 | COPIES OF THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE KEPT WITH THE RECEPTIONIST AND ARE AVAILABLE UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| NEIGHBORHOOD STABILIZATION LOAN FUND LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 264657800 | TO ADDRESS FORECLOSURE PROBLEMS IN DISTRESSED URBAN AREAS LOCATED IN MA. | MA | $0 | $5,159 | MHIC |
| MHIC NEW MARKETS MANAGER LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 262901774 | COMMUNITY DEVELOPMENT | MA | $0 | $0 | MHIC |
| MHIC HNEF MANAGER LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 472024271 | COMMUNITY DEVELOPMENT | MA | $0 | $0 | MHIC |
| MHIC HNEF CLASS B INVESTOR LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 822745615 | COMMUNITY DEVELOPMENT | MA | $66,306 | $3,381,611 | MHIC |
| MHIC CMF AFFORDABLE HOUSING FUND I LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 815225421 | TO PROVIDE LOANS TO AFFORDABLE RENTAL HOUSING DEVELOPMENTS IN MA | MA | $11,516 | $2,263,590 | MHIC |
| MHIC NEW MARKETS INVESTOR LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 264470413 | COMMUNITY DEVELOPMENT | MA | $0 | $0 | MHIC |
| MHIC HNEF INVESTOR LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 472034958 | COMMUNITY DEVELOPMENT | MA | $0 | $2,000,000 | MHIC |
| MHIC NEIGHBORHOOD COMMERCE FUND I LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 833049841 | COMMUNITY DEVELOPMENT | MA | $197,721 | $6,634,901 | MHIC |
| MHIC HNEF II MANAGER LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 845110043 | COMMUNITY DEVELOPMENT | MA | -$184,336 | $452,982 | |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (76 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd |
|---|---|---|---|---|---|---|---|---|---|
| MHIC NE CDE II SUBSIDIARY 50 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 814900045 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 043531167 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF XI LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 202095810 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF XII LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 204394414 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF XIII LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 208456119 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF XIV LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 261392968 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF XVI LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 264151691 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF XVII LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 270401645 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF XVIII LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 273330543 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF XIX LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 453855997 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF XX LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 461506561 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF 481 CORP FUND II LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 452602388 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF 481 CORP FUND III LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 822554987 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 43 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 473259377 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 45 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 473291023 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 47 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 814841100 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 42 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 473246801 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHEF RBS CITIZENS EQUITY FUND LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 463790280 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF XXI LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 465013460 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF XXII LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 473226055 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| CITIZENS-MHEF HIGHLAND GLEN INVESTOR LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 821882942 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF XXIV LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 822981358 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF-PUB FUND I LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 475442484 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 37 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 800937631 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC RBS CITIZENS NMTC FUND LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 800954278 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| HEALTHY NEIGHBORHOODS EQUITY FUND I LP | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 472035203 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF XXIII LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 813313135 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| 110 CANAL INVESTMENT FUND LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 800822297 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| BENSONWOOD INVESTMENT FUND LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 300985697 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHEF EASTERN FUND I | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 474807121 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 59 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 831345660 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHEF EAST BOSTON SAVINGS BANK FUND | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 813523904 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHIC 481 CORP NMTC INVESTMENT FUND II LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 452602727 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 52 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 814936112 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 54 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 814976892 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 60 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 831357302 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC-PB FUND I LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 200973746 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF XXV LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 833239593 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 61 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 843152822 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 44 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 473283204 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 46 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 814824725 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 48 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 814857759 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 49 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 814878931 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 51 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 814927758 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 53 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 814949929 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 55 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 815015595 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 56 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 831291044 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 57 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 831308054 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 58 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 831329432 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| EN | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 843159317 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHIC NE CDE II SUBSIDIARY 63 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 843179243 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | Yes (1) |
| MHEF XXVI LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 844497695 | AFFORDABLE HOUSING | MA | N/A | 0 | Yes (1) |
| MHEF EASTERN FUND II LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 844743529 | AFFORDABLE HOUSING | MA | N/A | 0 | 0 |
| MHEF EASTERN FUND III LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 851660937 | AFFORDABLE HOUSING | MA | N/A | 0 | 0 |
| MHIC-WF II LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 474550254 | AFFORDABLE HOUSING | MA | N/A | 0 | 0 |
| MHEF BOSTON PRIVATE FUND I LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 844725241 | AFFORDABLE HOUSING | MA | N/A | 0 | 0 |
| MHEF BOSTON PRIVATE FUND II LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 851631848 | AFFORDABLE HOUSING | MA | N/A | 0 | 0 |
| HEALTHY NEIGHBORHOODS EQUITY FUND II LP | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 845110530 | AFFORDABLE HOUSING | MA | N/A | 0 | 0 |
| ROCKLAND MHEF FUND LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 451495639 | AFFORDABLE HOUSING | MA | N/A | 0 | 0 |
| MHEF ROCKLAND FUND II LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 881372276 | AFFORDABLE HOUSING | MA | N/A | 0 | 0 |
| MHIC NAHT KENMORE ABBEY | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 463566243 | AFFORDABLE HOUSING | MA | N/A | 0 | 0 |
| MHIC-WF I LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 471958715 | AFFORDABLE HOUSING | MA | N/A | 0 | 0 |
| MHEF EASTERN FUND IV | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 884099524 | AFFORDABLE HOUSING | MA | N/A | 0 | 0 |
| MHEF SVB FUND I LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 874071300 | AFFORDABLE HOUSING | MA | N/A | 0 | 0 |
| MHIC NE CDE II SUBSIDIARY 14 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 451477413 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | 0 |
| MHEF XXVII LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 861348414 | AFFORDABLE HOUSING | MA | N/A | 0 | 0 |
| MHIC NE CDE II SUBSIDIARY 64 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 843189132 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | 0 |
| CITIZENS-MHEF EQUITY FUND II LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | AFFORDABLE HOUSING | MA | N/A | 0 | 0 | |
| MHEF 29 LIMITED PARTNERSHIP | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 932434600 | AFFORDABLE HOUSING | MA | N/A | 0 | 0 |
| MHEF EASTERN SVB FUND I | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 921095201 | AFFORDABLE HOUSING | MA | N/A | 0 | 0 |
| MHEF XXVIII LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 881278806 | AFFORDABLE HOUSING | MA | N/A | 0 | 0 |
| MHIC NE CDE II SUBSIDIARY 65 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 843203273 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | 0 |
| MHIC NE CDE II SUBSIDIARY 66 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 872179914 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | 0 |
| MHIC NE CDE II SUBSIDIARY 67 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 872197625 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | 0 |
| MHIC NE CDE II SUBSIDIARY 69 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 872197861 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | 0 |
| MHIC NE CDE II SUBSIDIARY 70 LLC | |||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 872228533 | COMMUNITY DEVELOPMENT | MA | N/A | 0 | 0 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| MHEF INC | ||||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 043202614 | INVEST IN LOW INCOME, MULTI-FAMILY HOUSING | MA | MHIC | C | 1.00000 | Yes (1) |
| COMMUNITY HOUSING INVESTMENT MANAGEMENT PARTNERSHIP | ||||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 043514075 | REAL ESTATE FINANCE | MA | MHIC | C | 1.00000 | Yes (1) |
| MHIC-GM INC | ||||||||||
| 21 CUSTOM HOUSE STREET | BOSTON | MA | 02110 | 043420605 | REAL ESTATE FINANCE | MA | MHIC | C | 1.00000 | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| MHIC LLC | ||
| L | $1,162,243 | COST |
| NMTC FUND AFFILIATES | ||
| L | $2,119,880 | COST |
| LIHTC FUND AFFILIATES | ||
| L | $5,845,071 | COST |
| HNEF FUND MANAGEMENT FEES | ||
| L | $441,735 | COST |