Mhp Drhc INC FY2021 filing

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To provide affordable housing for low-income families located in montgomery county, maryland.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 14-1855665) · Dispute this line
83¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $41K a year · 2% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
83%
of spending
83% of spending went to programs.
Pt IX · Ln 25 · col B
30.2 mo
of spending, in cash
30.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$11.5M
93% of total assets
Liabilities are 93% of assets.
Pt X · Ln 26
Independent board members
3
of 7 voting members
3 of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.8M
+4% vs prior year
Spent
$1.6M
To programs
83%
Net assets
$866K
By yearFY2020–FY2024
Revenue
$1.8M
FY2021▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.8M
FY2021$1.8M
FY2022$1.8M
FY2023$2.0M
FY2024$2.0M
Expenses
$1.6M
FY2021▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.6M
FY2021$1.6M
FY2022$2.0M
FY2023$2.0M
FY2024$2.0M
Net assets
$866K
FY2021▲ +44%
Tap a bar for its year
Net assets by fiscal year
FY2020$600K
FY2021$866K
FY2022$648K
FY2023$629K
FY2024$652K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $1.3M Management & general 17% · $271K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
Vice President of Real Estate
$0Pt VII · Sec A
Assistant Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Assistant Secretary
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
See Mhp Drhc INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Builds and provides affordable homes for low-income families in Montgomery County, Maryland.

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1 program · $1.3M · in their own filed words · FY2021
01

Provided 105 units of affordable housing to low-income families.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 14-1855665) · Dispute this line
$1.3Mprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.8M
Ln 12
Fees for servicesLn 2g$1.8M
Gifts and grantsLn 1h$34K
Investment incomeLn 3$573
Money outPt IX
$1.6M
Ln 25
Programscol B$1.3M
Managementcol C$271K
Owns and owesPt X
$866K
net assets · Ln 32
Cash and savingsLn 1–2$3.9M
Total assetsLn 16$12.4M
LiabilitiesLn 26$11.5M
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$34K
Government grantsLn 1e$34K
Fees for servicesLn 2g$1.8M
Investment incomeLn 3$573
Total revenueLn 12$1.8M
Assets in detailPt X, end of year
CashLn 1$3.9M
Cash and savings togetherLn 1–2$3.9M
Accounts receivableLn 4$69K
Prepaid expenses and deferred chargesLn 9$27K
Land, buildings, equipmentLn 10c$7.8M
Other assetsLn 15$616K
Total assetsLn 16$12.4M
LiabilitiesLn 26$11.5M
Net assetsLn 32$866K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$6.8M$3.9M
Land, buildings, equipmentLn 10c$4.1M$7.8M
Total assetsLn 16$11.8M$12.4M
LiabilitiesLn 26$11.2M$11.5M
Net assetsLn 32$600K$866K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$193K$193K
Other employee benefitsLn 9$4K$4K
Payroll taxesLn 10$16K$16K
Management feesLn 11a$58K$58K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$12K$12K
Other fees for servicesLn 11g$249K$49K$200K
Advertising and promotionLn 12$10K$10K
Office expensesLn 13$14K$14K
OccupancyLn 16$166K$166K
InterestLn 20$345K$345K
Depreciation, depletion and amortizationLn 22$291K$291K
InsuranceLn 23$37K$37K
Other expenses (24a–d)Ln 24$154K$154K
All other expensesLn 24e$7K$7K
Total functional expensesLn 25$1.6M$1.3M$271K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 17, 2025 $2.0M$2.0M$22K$652K 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $2.0M$2.0M−$18K$629K 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $1.8M$2.0M−$218K$648K 990 PDF
FY2021 ViewingFiled with the IRS Nov 14, 2022 $1.8M$1.6M$266K$866K 990 PDF
FY2020Filed with the IRS Nov 8, 2021 $1.8M$1.6M$154K$600K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $1,823,887 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$33,718
I-9 Program service revenuePrior year $1,752,736$1,789,596
I-10 Investment incomePrior year $6,000$573
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,758,736$1,823,887
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $220,387$212,565
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,384,523$1,344,928
I-18 Total expensesPrior year $1,604,910$1,557,493
I-19 Revenue less expensesPrior year $153,826$266,394
Part VI · Governance 3 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members3
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,823,887 across 5 lines filed
VIII-1e Government grants$33,718
VIII-1h Total contributions, gifts and grants$33,718
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,789,596$1,789,596
VIII-3 Investment incomeExcluded from tax $573$573
VIII-12 Total revenueRelated to mission $1,789,596 · Unrelated business $0 · Excluded from tax $573$1,823,887
Part IX · Statement of functional expenses $1,557,493 across 15 lines filed
IX-7 Other salaries and wagesPrograms $193,052$193,052
IX-9 Other employee benefitsPrograms $3,619$3,619
IX-10 Payroll taxesPrograms $15,894$15,894
IX-11a Management feesManagement $58,354$58,354
IX-11b Legal feesPrograms $2,225$2,225
IX-11c Accounting feesManagement $12,450$12,450
IX-11g Other fees for servicesPrograms $49,134 · Management $200,000$249,134
IX-12 Advertising and promotionPrograms $10,097$10,097
IX-13 Office expensesPrograms $13,532$13,532
IX-16 OccupancyPrograms $165,781$165,781
IX-20 InterestPrograms $345,100$345,100
IX-22 Depreciation, depletion and amortizationPrograms $290,691$290,691
IX-23 InsurancePrograms $37,365$37,365
IX-24 Other expenses (24a–d)Programs $153,541$153,541
IX-24e All other expensesPrograms $6,658$6,658
IX-25 Total functional expensesPrograms $1,286,689 · Management $270,804 · Fundraising $0$1,557,493
Part X · Balance sheet $12,389,689 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $6,752,928$3,923,560
X-4 Accounts receivableStart of year $56,528$68,997
X-9 Prepaid expenses and deferred chargesStart of year $33,155$26,678
X-10c Land, buildings and equipment, netStart of year $4,086,365$7,754,508
X-15 Other assetsStart of year $876,943$615,946
X-16 Total assetsStart of year $11,805,919$12,389,689
X-17 Accounts payable and accrued expensesStart of year $29,323$36,212
X-23 Secured mortgages and notes payableStart of year $11,014,936$11,332,113
X-25 Other liabilitiesStart of year $162,050$155,360
X-26 Total liabilitiesStart of year $11,206,309$11,523,685
X-27 Net assets without donor restrictionsStart of year $599,610$866,004
X-32 Total net assets or fund balancesStart of year $599,610$866,004
X-33 Total liabilities and net assetsStart of year $11,805,919$12,389,689
Part XI · Reconciliation of net assets $866,004 net assets at year end
XI-1 Total revenue$1,823,887
XI-2 Total expenses$1,557,493
XI-3 Revenue less expenses$266,394
XI-4 Net assets at start of year$599,610
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$866,004

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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