Civic Intelligence

Metropolitan Boston Housing Partnership Inc

EIN 04-2775991 • 501(c)3 • Boston, MA

View Organization Page

Profile

Mbhp's mission is to ensure that the region's low- and moderate-income individuals and families have choice and mobility in finding and retaining decent affordable housing. All of our programs and initiatives are designed to encourage housing stability, increased economic self-sufficiency, and the enhanced quality of the lives of those we serve. To achieve our mission and to promote efficient service delivery, we work collaboratively with a broad array of service providers and neighborhood-based organizations. We believe that everyone deserves a place to call home.

1411 Tremont StreetBoston, MA 02120-3401

www.mbhp.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.60x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2025

Liabilities / Revenue

12th percentile

0.10x

Higher debt load relative to revenue than 12% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2025

Net Margin

38th percentile

1.1%

Higher net margin than 38% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2025

Top Officer Pay

8th percentile

$249,877

Higher top officer pay than 8% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2025

Asset Growth

63rd percentile

9.0%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2024 to 2025

Revenue Growth

63rd percentile

13%

Faster revenue growth than 63% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$65,243,417

Up $5,364,071 (+9.0%) from 2024

Liabilities

Up

$39,437,536

Up $445,198 (+1.1%) from 2024

Net Assets

Up

$25,805,881

Up $4,918,873 (+24%) from 2024

Operations
Liabilities / Revenue12th percentileNet Margin38th percentile

Revenue

Up

$406,351,112

Up $46,928,547 (+13%) from 2024

Expenses

Up

$401,949,832

Up $48,595,916 (+14%) from 2024

Net Income

Down

$4,401,280

Down $1,667,369 (-27%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0Assets 2011: $20,624,580Liabilities 2011: $15,059,127Net Assets 2011: $5,565,4532011Assets 2012: $24,273,876Liabilities 2012: $17,042,269Net Assets 2012: $7,231,6072012Assets 2013: $25,664,369Liabilities 2013: $17,011,815Net Assets 2013: $8,652,5542013Assets 2014: $28,570,663Liabilities 2014: $18,870,689Net Assets 2014: $9,699,9742014Assets 2015: $27,247,049Liabilities 2015: $17,306,902Net Assets 2015: $9,940,1472015Assets 2016: $31,414,061Liabilities 2016: $20,022,830Net Assets 2016: $11,391,2312016Assets 2017: $40,860,583Liabilities 2017: $28,909,952Net Assets 2017: $11,950,6312017Assets 2018: $43,693,579Liabilities 2018: $33,263,794Net Assets 2018: $10,429,7852018Assets 2019: $45,541,254Liabilities 2019: $35,385,126Net Assets 2019: $10,156,1282019Assets 2020: $45,778,082Liabilities 2020: $36,525,330Net Assets 2020: $9,252,7522020Assets 2021: $83,898,778Liabilities 2021: $69,076,896Net Assets 2021: $14,821,8822021Assets 2022: $59,144,142Liabilities 2022: $44,991,964Net Assets 2022: $14,152,1782022Assets 2023: $65,150,656Liabilities 2023: $50,794,876Net Assets 2023: $14,355,7802023Assets 2024: $59,879,346Liabilities 2024: $38,992,338Net Assets 2024: $20,887,0082024Assets 2025: $65,243,417Liabilities 2025: $39,437,536Net Assets 2025: $25,805,8812025

Highlighted filing

2025

Assets$65,243,417
Liabilities$39,437,536
Net Assets$25,805,881
Open 2025 Filing

Operations Trend

Revenue Growth63rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600M$400M$200M$0-$200MExpenses 2011: $108,882,5022011Expenses 2012: $121,707,1442012Revenue 2013: $131,630,859Expenses 2013: $130,209,912Net Income 2013: $1,420,9472013Revenue 2014: $132,157,226Expenses 2014: $131,181,470Net Income 2014: $975,7562014Revenue 2015: $129,774,799Expenses 2015: $129,561,232Net Income 2015: $213,5672015Revenue 2016: $136,905,667Expenses 2016: $135,444,956Net Income 2016: $1,460,7112016Revenue 2017: $147,836,461Expenses 2017: $147,626,268Net Income 2017: $210,1932017Revenue 2018: $158,149,212Expenses 2018: $160,213,407Net Income 2018: -$2,064,1952018Revenue 2019: $166,169,097Expenses 2019: $166,254,227Net Income 2019: -$85,1302019Revenue 2020: $180,020,644Expenses 2020: $180,831,157Net Income 2020: -$810,5132020Revenue 2021: $271,279,576Expenses 2021: $266,848,154Net Income 2021: $4,431,4222021Revenue 2022: $464,356,613Expenses 2022: $464,058,846Net Income 2022: $297,7672022Revenue 2023: $369,883,909Expenses 2023: $370,501,500Net Income 2023: -$617,5912023Revenue 2024: $359,422,565Expenses 2024: $353,353,916Net Income 2024: $6,068,6492024Revenue 2025: $406,351,112Expenses 2025: $401,949,832Net Income 2025: $4,401,2802025

Highlighted filing

2025

Revenue$406,351,112
Expenses$401,949,832
Net Income$4,401,280
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$65,243,417
Liabilities
$39,437,536
Net assets
$25,805,881
Revenue
$406,351,112
Expenses
$401,949,832
Net income
$4,401,280
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$65.2$39.4$25.8$406$402$4.40
2024Detailed filing. Detailed filing data is available for this year.$59.9$39.0$20.9$359$353$6.07
2023Detailed filing. Detailed filing data is available for this year.$65.2$50.8$14.4$370$371$0.62
2022Detailed filing. Detailed filing data is available for this year.$59.1$45.0$14.2$464$464$0.30
2021Detailed filing. Detailed filing data is available for this year.$83.9$69.1$14.8$271$267$4.43
2020Detailed filing. Detailed filing data is available for this year.$45.8$36.5$9.25$180$181$0.81
2019Detailed filing. Detailed filing data is available for this year.$45.5$35.4$10.2$166$166$0.09
2018Detailed filing. Detailed filing data is available for this year.$43.7$33.3$10.4$158$160$2.06
2017Detailed filing. Detailed filing data is available for this year.$40.9$28.9$12.0$148$148$0.21
2016Detailed filing. Detailed filing data is available for this year.$31.4$20.0$11.4$137$135$1.46
2015Detailed filing. Detailed filing data is available for this year.$27.2$17.3$9.94$130$130$0.21
2014Detailed filing. Detailed filing data is available for this year.$28.6$18.9$9.70$132$131$0.98
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.7$17.0$8.65$132$130$1.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.3$17.0$7.23$122
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.6$15.1$5.57$109
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 22, 2025
Return Version
2024v5.2
Gross Receipts
$406,420,135
Mission and Program Overview

Mission

Metro housing boston mobilizes wide-ranging resources to provide innovative and personalized services that lead families and individuals to housing stability, economic security, and an improved quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$23,802,983$31,119,709▲ $7,316,726
Investments in Publicly Traded Securities$10,858,116$11,885,403▲ $1,027,287
Other Notes and Loans Receivable, Net$8,432,844$8,964,766▲ $531,922
Land, Buildings, and Equipment, Net$8,959,732$8,774,733▼ $184,999
Accounts Receivable$6,551,741$2,778,360▼ $3,773,381
Investments Other Securities$348,793$174,896▼ $173,897
Prepaid Expenses and Deferred Charges$22,554$42,198▲ $19,644
Total Assets$59,879,346$65,243,417▲ $5,364,071
Other Assets Total$902,583$1,503,352▲ $600,769
Liabilities
Deferred Revenue$17,119,967$17,838,760▲ $718,793
Other Liabilities$9,623,445$10,798,963▲ $1,175,518
Tax Exempt Bond Liabilities$6,905,545$6,645,707▼ $259,838
Accounts Payable and Accrued Expenses$5,343,381$4,154,106▼ $1,189,275
Total Liabilities$38,992,338$39,437,536▲ $445,198
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$20,887,008$25,805,881▲ $4,918,873
Total Net Assets Fund Balance$20,887,008$25,805,881▲ $4,918,873
Total Liabilities and Net Assets / Fund Balance$59,879,346$65,243,417▲ $5,364,071

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,713,473$1,992,798$10,706,271
Equipment$61,260$6,638$67,898
Compensation and Service Providers
Top Officer Pay8th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christopher T NorrisPresident/exec. DirectorFT$226,314$23,563$249,877
Anne RousseauTreasurer/CFOFT$170,211$5,860$176,071
Christine PearsonChief Human Relations OfficerFT$167,475$7,431$174,906
Akida NauDirector of ItFT$119,739$20,234$139,973
Kristin Ross SitcawichChief Program OfficerFT$111,840$5,513$117,353
Felisha MarshallDirector of Housing SupportFT$107,579$5,019$112,598
Frantz DessourcesDirector of InspectionsFT$102,144$4,647$106,791
Sarah DonovanDirector of Leased HousingFT$102,063$567$102,630

Board Members and Trustees

NameTitle
Robert TorresBoard Co-chair
Terry Saunders LaneBoard Co-chair
Taylor C ShepherdVice Chair
Cynthia LacasseDirector
Demetriouse RussellDirector
Denisse TejadaDirector
Donald E VaughanDirector
Doug HowgateDirector
Elizabeth GruberDirector
Geoffrey ShermanDirector
Janet FrazierDirector
Josef RettmanDirector
Kevin BoyleDirector
Linda MonteiroDirector
Mary-anne MorrisonDirector
Michael WidmerDirector
Monalisa SmithDirector
Nader AcevedoDirector
Peter MunkenbeckDirector
Richard MuraidaDirector
Whitney DemetriusDirector
Yongmei ChenDirector
Cassandra M ClayClerk

Highest Paid Contractors

ContractorServicesLocationCompensation
The Neighborhood DevelopersNon-profit Organization4 GERRISH AVE, Chelsea, MA 02150$256,200
Jewish Vocational Services INCStaff/admin BudgetPO BOX 120138, Boston, MA 02112$193,920
Smc Parters LLC Dba HyphenConsulting100 CHURCH STREET 18TH FLOOR, New York, NY 10007$117,100
Nan Mckay & Associates INCBusiness Consulting1810 GILLESPIE WAY STE 202, El Cajon, CA 92020$103,970
Revenue and Support

Revenue Composition

Contributions and Grants
$742,796
Program Service Revenue
$405,246,240
Investment Income
$362,076
Other Revenue
$0
All Other Contributions
$410,311
Change in Net Assets
$4,401,280

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$30,000Fair Market Value (FMV)
Total Noncash Contributions$30,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$406,351,112
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$517,593
Total Revenue per Audited Statements
$406,868,705
Total Revenue per Form 990
$406,351,112
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$385,458,892
Salaries, Compensation, and Employee Benefits$16,456,854
Total Fundraising Expense$401,154
Professional Fundraising Fees$34,086
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$12,207,920$585,730$203,071$12,996,721
Other Employee Benefits$1,588,953$140,730$26,206$1,755,889
Payroll Taxes$892,680$79,062$14,723$986,465
All Other Expenses$484,255$63,802$10,030$558,087
Fees for Services Other$196,576$240,826$4,200$441,602
Information Technology$382,914$41,660$7,103$431,677
Current Officers, Directors, Trustees, and Key Employees-$407,977-$407,977
Other Expenses$302,056$50,340$36,638$389,034
Depreciation Depletion$326,550$3,759-$330,309
Pension Plan Contributions$280,348$24,830$4,624$309,802
Interest$237,107$12,589-$249,696
Occupancy$114,163$88,309-$202,472
Insurance$190,092$10,501-$200,593
Fees for Services Legal$22,488$140,585-$163,073
Fees for Services Accounting$93,533$2,717-$96,250
Conferences and Meetings$6,299$26,810$60,243$93,352
Office Expenses$72,398$19,138$230$91,766
Fees for Services Lobbying$79,207--$79,207
Travel$63,206$1,258-$64,464
Fees for Services Professional Fundraising--$34,086$34,086
Advertising$483$27,042-$27,525
Total Functional Expenses$399,581,013$1,967,665$401,154$401,949,832

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$401,949,832
Total Expenses per Audited Statements$401,949,832
Total Expenses per Form 990$401,949,832
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$69,023
Fundraising Gross Income$69,023
Professional Fundraising Fees$34,086

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$401,508$69,023$25,375$43,648
Total Events$401,508$69,023$69,023$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Kyra BurtonDaughter of a Board MemberSalary Paid and 403b ContributionNo$21,142
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Cedac Home Modification Loans$9,295,932
Client Deposits$1,503,031

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMassachusetts Development Finance Agency2016-07-01$8,500,000FACILITY CONSTRUCTION

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$8,500,000--$158,392

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The 990 is presented to the audit committee during the presentation of the audited financial statements. The form 990 is also distributed to the board of directors. After reviewing the 990 and all questions have been answered the return is accepted and approved for filing.”

Form 990, Part VI, Section B, Line 12C

“All staff, 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 policies.”

Form 990, Part VI, Section B, Line 15

“The compensation of the executive director, deputy director and chief financial officer is set by the organization's executive committee based upon comparable compensation data for the same positon for organizations of similar size within our industry. The decision of the executive committee is reviewed by the 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 including knowledge, skills, and experiences required to perform the job. Each position is priced according to market data for like positions at similar sized entities. Annual increases are based on merit measured by appropriate indicators of job performance.”

Form 990, Part VI, Section C, Line 19

“Documents are available on the organization's website and by request to anne rousseau, cfo.”

Filing and Contact Details

Filer

Filer Name
Metropolitan Boston Housing Partnership
EIN
04-2775991
Phone
6178590400
Address
1411 TREMONT STREET, BOSTON, MA 02120-3401

Signing Officer

Name
Anne Rousseau
Title
Treasurer and CFO
Phone
6178590400
Signed
2025-12-22

Organization Details

Principal Officer
Anne Rousseau
Formed
1983
Legal Domicile
Ma
Voting Board Members
23
Independent Board Members
23
Employees
217
Volunteers
0

Preparer

Firm
Daniel Dennis & Company Llp
Address
990 WASHINGTON STREET STE 203, DEDHAM, MA 02026
Preparer
Sean Alexander
Phone
6172629898
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization 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 june 30, 2025 the organization believes that it has no uncertain tax positions within any of its open tax years (2022-2024).”

Raw XML AppendixShowing 400 of 815 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0METRO HOUSING BOSTON MOBILIZES WIDE-RANGING RESOURCES TO PROVIDE INNOVATIVE AND PERSONALIZED SERVICES THAT LEAD FAMILIES AND INDIVIDUALS TO HOUSING STABILITY, ECONOMIC SECURITY, AND AN IMPROVED QUALITY OF LIFE.
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IRS990/Desc0RENTAL HOUSING ASSISTANCE - FEDERAL AND STATE FUNDED HOUSING VOUCHERS AND OTHER SUBSIDY PROGRAMS THAT SERVED MORE THAN 13,400 DISABLED, ELDERLY, FORMERLY HOMELESS, AND OTHER INDIVIDUALS AND FAMILIES IN BOSTON AND 31 SURROUNDING COMMUNITIES. METRO HOUSING BOSTON'S TARGET POPULATION CONSISTS OF HOUSEHOLDS WITH LOW- AND MODERATE-INCOME WHO FACE A VARIETY OF BARRIERS TO HOUSING. FINANCIAL DEMOGRAPHICS FOR INDIVIDUALS RECEIVING METRO HOUSING SERVICES UNDER ALL THE FEDERAL AND STATE RENTAL ASSISTANCE PROGRAMS RESPECTIVELY, ARE: 72% & 88% UNDER $30,000, 14% AND 4% AT $30,001-$45,000, 8% & 5% AT $45,001-$60,000, AND 6% & 3% OVER $60,000; AVERAGE ANNUAL INCOME FOR OUR FEDERAL HOUSEHOLDS IS $26,566 AND STATE HOUSEHOLDS ARE $11,558. ADDITIONALLY, 40% OF THE FEDERAL PROGRAMS AND 30% OF STATE HOUSEHOLDS HAVE CHILDREN UNDER THE AGE OF 18, 45% OF THE FEDERAL PROGRAMS AND 45% OF THE STATE PROGRAMS THE HEADS OF HOUSEHOLDS ARE PEOPLE WITH A DISABILITY AND 32% OF THE FEDERAL PROGRAMS AND 20% OF THE STATE PROGRAMS HOUSEHOLDS HAVE A HEAD OF HOUSEHOLDS THAT ARE ELDERLY. IN FY25 METRO ADMINISTRATED THREE MAJOR FINANCIAL ASSISTANCE PROGRAMS; DISTRIBUTING $1,292,545 IN CITY OF BOSTON EMERGENCY RENTAL RELIEF PROGRAMS WHICH SERVED 366 HOUSEHOLDS AND $36.7M FOR THE COMMONWEALTH OF MASSACHUSETTS RESIDENTIAL ASSISTANCE FOR FAMILIES IN TRANSITION (RAFT) SERVING 9,452 HOUSEHOLDS. IN ADDITION, THE HOUSING CONSUMER EDUCATOR PROGRAM SERVED 11,164 HOUSEHOLDS.
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