M H C Development Company INC

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Provides permanent housing to low income, single adults with serious mental illness. Apartments with subsidies and a staff service coordinator help to ensure residents remain house and realize their fullest potential.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Run by 10 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $4K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
12 mo
of spending, in cash
Looks good: 12.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$42K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$231K
+29% vs prior year
Spent
$207K
To programs
72%
Net assets
$428K
By yearFY2021–FY2025
Revenue
$231K
FY2025▲ +29%
Tap a bar for its year
Revenue by fiscal year
FY2021$178K
FY2022$176K
FY2023$183K
FY2024$180K
FY2025$231K
Expenses
$207K
FY2025▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2021$167K
FY2022$172K
FY2023$191K
FY2024$189K
FY2025$207K
Net assets
$428K
FY2025▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2021$417K
FY2022$422K
FY2023$413K
FY2024$404K
FY2025$428K

From the FY2025 Form 990 (year ending June 2025) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1983.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $150K Management & general 28% · $57K

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

Something off? Claim to add context

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See M H C Development Company 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

Offers permanent housing and support services to low-income adults with serious mental illness.

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1 program · $150K · in their own filed words · FY2024
01

Disabled persons were provided with low income housing.

$150Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $839K federal money spent
Supportive Housing for Persons with DisabilitiesDepartment of Housing and Urban Development · ALN 14.181 · Direct$839K

The auditor reported no findings.

Year ending Jun 2024 · $833K federal money spent
Supportive Housing for Persons with DisabilitiesDepartment of Housing and Urban Development · ALN 14.181 · Direct$833K

The auditor reported no findings.

Year ending Jun 2023 · $821K federal money spent
Supportive Housing for Persons with DisabilitiesDepartment of Housing and Urban Development · ALN 14.181 · Direct$821K

The auditor reported no findings.

Year ending Jun 2022 · $858K federal money spent
Supportive Housing for Persons with DisabilitiesDepartment of Housing and Urban Development · ALN 14.181 · Direct$858K

The auditor reported no findings.

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$231K
Ln 12
Gifts and grantsLn 1h$119K
Fees for servicesLn 2g$72K
Other incomeLn 4–11$36K
Money outPt IX
$207K
Ln 25
Programscol B$150K
Managementcol C$57K
Owns and owesPt X
$428K
net assets · Ln 32
Cash and savingsLn 1–2$212K
Total assetsLn 16$470K
LiabilitiesLn 26$42K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$119K
Government grantsLn 1e$119K
Fees for servicesLn 2g$72K
Investment incomeLn 3$5K
Other incomeLn 4–11$36K
Total revenueLn 12$231K
Assets in detailPt X, end of year
CashLn 1$17K
SavingsLn 2$195K
Cash and savings togetherLn 1–2$212K
Accounts receivableLn 4$499
Prepaid expenses and deferred chargesLn 9$4K
Land, buildings, equipmentLn 10c$246K
Intangible assetsLn 14$7K
Total assetsLn 16$470K
LiabilitiesLn 26$42K
Net assetsLn 32$428K
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderJune
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 FY25End FY25
Cash and savingsLn 1–2$205K$212K
Land, buildings, equipmentLn 10c$250K$246K
Total assetsLn 16$471K$470K
LiabilitiesLn 26$67K$42K
Net assetsLn 32$404K$428K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$38K$13K$26K
Other employee benefitsLn 9$7K$7K
Payroll taxesLn 10$3K$3K
Management feesLn 11a$11K$11K
Legal feesLn 11b$35$35
Accounting feesLn 11c$11K$11K
Office expensesLn 13$15K$6K$9K
OccupancyLn 16$79K$79K
InterestLn 20$748$748
Depreciation, depletion and amortizationLn 22$24K$24K
InsuranceLn 23$18K$18K
Total functional expensesLn 25$207K$150K$57K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Nov 20, 2025 $231K$207K$24K$428K 990 PDF
FY2024Filed with the IRS Nov 14, 2024 $180K$189K−$9K$404K 990 PDF
FY2023Filed with the IRS Dec 21, 2023 $183K$191K−$9K$413K 990 PDF
FY2022Filed with the IRS Dec 8, 2022 $176K$172K$4K$422K 990 PDF
FY2021Filed with the IRS Oct 26, 2021 $178K$167K$12K$417K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $231,227 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $112,643$119,002
I-9 Program service revenuePrior year $62,528$71,593
I-10 Investment incomePrior year $4,223$4,862
I-11 Other revenuePrior year $479$35,770
I-12 Total revenuePrior year $179,873$231,227
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 $47,834$48,570
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $140,727$158,816
I-18 Total expensesPrior year $188,561$207,386
I-19 Revenue less expensesPrior year −$8,688$23,841
Part VI · Governance 3 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
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 $231,227 across 6 lines filed
VIII-1e Government grants$119,002
VIII-1h Total contributions, gifts and grants$119,002
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $71,593$71,593
VIII-3 Investment incomeExcluded from tax $4,862$4,862
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $35,770$35,770
VIII-12 Total revenueRelated to mission $71,593 · Unrelated business $0 · Excluded from tax $40,632$231,227
Part IX · Statement of functional expenses $207,386 across 11 lines filed
IX-7 Other salaries and wagesPrograms $12,653 · Management $25,585$38,238
IX-9 Other employee benefitsPrograms $7,498$7,498
IX-10 Payroll taxesPrograms $2,834$2,834
IX-11a Management feesManagement $11,328$11,328
IX-11b Legal feesManagement $35$35
IX-11c Accounting feesManagement $11,000$11,000
IX-13 Office expensesPrograms $5,770 · Management $9,139$14,909
IX-16 OccupancyPrograms $78,909$78,909
IX-20 InterestPrograms $748$748
IX-22 Depreciation, depletion and amortizationPrograms $23,542$23,542
IX-23 InsurancePrograms $18,345$18,345
IX-25 Total functional expensesPrograms $150,299 · Management $57,087 · Fundraising $0$207,386
Part X · Balance sheet $470,173 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $319$17,277
X-2 Savings and temporary cash investmentsStart of year $205,023$194,927
X-4 Accounts receivableStart of year $925$499
X-9 Prepaid expenses and deferred chargesStart of year $6,618$4,399
X-10c Land, buildings and equipment, netStart of year $250,387$246,341
X-14 Intangible assetsStart of year $7,477$6,730
X-16 Total assetsStart of year $470,749$470,173
X-17 Accounts payable and accrued expensesStart of year $61,412$36,896
X-19 Deferred revenueStart of year $42$41
X-25 Other liabilitiesStart of year $5,097$5,197
X-26 Total liabilitiesStart of year $66,551$42,134
X-27 Net assets without donor restrictionsStart of year −$316,202−$292,361
X-28 Net assets with donor restrictionsStart of year $720,400$720,400
X-32 Total net assets or fund balancesStart of year $404,198$428,039
X-33 Total liabilities and net assetsStart of year $470,749$470,173
Part XI · Reconciliation of net assets $428,039 net assets at year end
XI-1 Total revenue$231,227
XI-2 Total expenses$207,386
XI-3 Revenue less expenses$23,841
XI-4 Net assets at start of year$404,198
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$428,039

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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