Form 990, Part VI, Section A, Line 2
“Timothy v. Fox and timothy a. Fox are father and son.”
Scores are not available for this record yet.
Assets
Flat$87,782,689
Flat from 2021
Net Assets
Flat$86,798,994
Flat from 2021
Liabilities
Flat$983,695
Flat from 2021
Revenue
Flat$23,804,045
Flat from 2021
Expenses
Flat$10,652,804
Flat from 2021
Net Income
Flat$13,151,241
Flat from 2021
To preserve and extend affordable housing in michigan through the acquisition and operation of multifamily residential real estate for low and very low income tenants.
Preservation of low income housing
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Program Related | $51,609,839 | $57,698,860 | ▲ $6,089,021 |
| Cash and Non-Interest-Bearing Accounts | $14,202,775 | $14,485,960 | ▲ $283,185 |
| Savings and Temporary Cash Investments | - | $5,820,278 | - |
| Land, Buildings, and Equipment, Net | $3,668,071 | $5,050,856 | ▲ $1,382,785 |
| Other Notes and Loans Receivable, Net | $3,819,163 | $4,341,535 | ▲ $522,372 |
| Accounts Receivable | $321,379 | $261,573 | ▼ $59,806 |
| Prepaid Expenses and Deferred Charges | $166,514 | $123,627 | ▼ $42,887 |
| Total Assets | $73,787,741 | $87,782,689 | ▲ $13,994,948 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $223,184 | $657,595 | ▲ $434,411 |
| Unsecured Notes Loans Payable | - | $326,100 | - |
| Total Liabilities | $223,184 | $983,695 | ▲ $760,511 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $73,564,557 | $86,798,994 | ▲ $13,234,437 |
| Total Net Assets Fund Balance | $73,564,557 | $86,798,994 | ▲ $13,234,437 |
| Total Liabilities and Net Assets / Fund Balance | $73,787,741 | $87,782,689 | ▲ $13,994,948 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,701,657 | $800,011 | $3,501,668 |
| Land | $2,131,116 | - | $2,131,116 |
| Equipment | $218,083 | $564,177 | $782,260 |
| Investment Program Related Org | $11,383,714 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Timothy V Fox | President | FT | $384,026 | $140,663 | $524,689 |
| Brian a Gallaher | Chief Financial Officer | FT | $269,277 | $84,932 | $354,209 |
| Timothy a Fox | Chief Operating Officer | FT | $246,004 | $78,736 | $324,740 |
| Andrew Martin | Vice President | FT | $179,070 | $66,179 | $245,249 |
| Christopher Bric | Executive Vice President | FT | $194,495 | $47,210 | $241,705 |
| William J Zarotny | Director of Asset Manageme | FT | $166,717 | $41,334 | $208,051 |
| Donna Mcmillan | Director of Multifamily Pr | FT | $167,177 | $36,307 | $203,484 |
| Chad S Joseph | Vice President of Construc | FT | $124,158 | $51,646 | $175,804 |
| Christopher Osborne | Secretary | FT | $2,308 | - | $2,308 |
| Name | Title |
|---|---|
| Martha Richardson | Chairman |
| Steven Champa | Secretary |
| Gregory Demars | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Emergency Response Services | Contract Services | 21810 SCHMEMAN AVE, Warren, MI 48089 | $498,082 |
| Michigan State Housing Development Autho | Housing Authority For Lending | 3028 W GRAND BLVD, Detroit, MI 48303 | $439,372 |
| Eye For The Buy INC | Design & Furniture | 20020 HARPER AVE, Harper Woods, MI 48225 | $382,923 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $5,668,684 |
| Grants and Similar Amounts Paid | $3,331,968 |
| Other Expenses | $1,652,152 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $3,331,968 | - | - | $3,331,968 |
| Other Salaries and Wages | $2,573,630 | $643,408 | - | $3,217,038 |
| Current Officers, Directors, Trustees, and Key Employees | $1,321,333 | $330,333 | - | $1,651,666 |
| Other Employee Benefits | $364,687 | $91,172 | - | $455,859 |
| Office Expenses | $270,908 | $67,727 | - | $338,635 |
| Occupancy | $229,466 | $57,366 | - | $286,832 |
| Fees for Services Legal | - | $240,258 | - | $240,258 |
| Payroll Taxes | $170,094 | $42,523 | - | $212,617 |
| Depreciation Depletion | $150,556 | $37,639 | - | $188,195 |
| Pension Plan Contributions | $105,203 | $26,301 | - | $131,504 |
| Conferences and Meetings | $79,338 | $19,835 | - | $99,173 |
| Fees for Services Accounting | - | $59,090 | - | $59,090 |
| Fees for Services Other | - | $50,998 | - | $50,998 |
| Travel | $34,981 | $8,745 | - | $43,726 |
| Insurance | $11,379 | $11,379 | - | $22,758 |
| Advertising | $20,537 | - | - | $20,537 |
| Other Expenses | $2,632 | $658 | - | $3,290 |
| Total Functional Expenses | $8,900,120 | $1,752,684 | $0 | $10,652,804 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $10,652,804 |
| Total Expenses per Audited Statements | $10,652,804 |
| Total Expenses per Form 990 | $10,652,804 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Core Community Partners | Bingham Farms, MI | 501(c)(3) | Further Its Cdfi Mission | $3,000,000 |
| Detroit Cristo Rey High School | Detroit, MI | 501(c)(3) | Tuition and Other Assitance | $40,000 |
| Ymca | Detroit, MI | 501(c)(3) | Child Care Center | $22,500 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Timothy v. Fox and timothy a. Fox are father and son.”
“A copy of form 990 was provided to the organization's governing body for review purposes prior to the filing of the return. The return is reviewed by brian gallaher, the chief financial officer, for completeness and accuracy.”
“All parties have signed off on conflict of interest policies and it is discussed at board meetings if there is any question.”
“A professional compensation study is completed every 3 years and approved by the board.”
“The organization's financial statements are available to the public upon request.”
“Section 168(h)(6)(f)(ii) election 9100 gratiot central commons mm, llc (manager, 9100 gratiot limited dividend housing association, llc) 32600 telegraph road bingham farms, mi 48025 e.i.n.: 82-2328620 form 4562: depreciation and amortization election under internal revenue code section 168(h)(6)(f)(ii) pursuant to temporary treasury regulation section 301.9100-7t, 9100 gratiot central commons mm, llc, a subsidiary of mht housing, inc., a(n) michigan not-for-profit organization, hereby elects under internal revenue code section 168(h)(6)(f)(ii): (i) not to be treated as a tax-exempt entity for purposes of internal revenue code sections 168(h)(5) and (6), and (ii) to treat any gain recognized by its tax-exempt parent on any disposition of an interest in it (and to treat any dividends or interest received or accrued by its tax-exempt parent from it) as unrelated business taxable income under code section 511.”
“Section 168(h)(6)(f)(ii) election newcourt court mht gp, inc. (manger, newman court apartments ii, ldha, llc) 32600 telegraph road bingham farms, mi 48025 e.i.n.: 82-0718917 form 4562: depreciation and amortization election under internal revenue code section 168(h)(6)(f)(ii) pursuant to temporary treasury regulation section 301.9100-7t, newman court partners, llc, a subsidiary of mht housing, inc., a(n) michigan not-for-profit organization, hereby elects under internal revenue code section 168(h)(6)(f)(ii): (i) not to be treated as a tax-exempt entity for purposes of internal revenue code sections 168(h)(5) and (6), and (ii) to treat any gain recognized by its tax-exempt parent on any disposition of an interest in it (and to treat any dividends or interest received or accrued by its tax-exempt parent from it) as unrelated business taxable income under code section 511.”
“Section 168(h)(6)(f)(ii) election mht properties 147, inc. (manager, pablo davis ii ldha, lp) 32600 telegraph road bingham farms, mi 48025 e.i.n.: 47-1384565 form 4562: depreciation and amortization election under internal revenue code section 168(h)(6)(f)(ii) pursuant to temporary treasury regulation section 301.9100-7t, mht properties 147, inc., a subsidiary of mht housing, inc., a(n) michigan not-for-profit organization, hereby elects under internal revenue code section 168(h)(6)(f)(ii): (i) not to be treated as a tax-exempt entity for purposes of internal revenue code sections 168(h)(5) and (6), and (ii) to treat any gain recognized by its tax-exempt parent on any disposition of an interest in it (and to treat any dividends or interest received or accrued by its tax-exempt parent from it) as unrelated business taxable income under code section 511.”
“Section 168(h)(6)(f)(ii) election dearborn mht gp, inc. (manager, deaborn town center senior limited dividend housing association, llc) 32600 telegraph road bingham farms, mi 48025 e.i.n.: 82-1011045 form 4562: depreciation and amortization election under internal revenue code section 168(h)(6)(f)(ii) pursuant to temporary treasury regulation section 301.9100-7t, dearborn mht gp, inc., a subsidiary of mht housing, inc., a(n) michigan not-for-profit organization, hereby elects under internal revenue code section 168(h)(6)(f)(ii): (i) not to be treated as a tax-exempt entity for purposes of internal revenue code sections 168(h)(5) and (6), and (ii) to treat any gain recognized by its tax-exempt parent on any disposition of an interest in it (and to treat any dividends or interest received or accrued by its tax-exempt parent from it) as unrelated business taxable income under code section 511.”
“Section 168(h)(6)(f)(ii) election parkview ii mht/limited dividend housing association, llc (manager, parkview mht group gp, inc.) 32600 telegraph road bingham farms, mi 48025 e.i.n.: 32-0588278 form 4562: depreciation and amortization election under internal revenue code section 168(h)(6)(f)(ii) pursuant to temporary treasury regulation section 301.9100-7t, parkview ii mht/limited dividend housing association, llc, a subsidiary of mht housing, inc., a(n) michigan not-for-profit organization, hereby elects under internal revenue code section 168(h)(6)(f)(ii): (i) not to be treated as a tax-exempt entity for purposes of internal revenue code sections 168(h)(5) and (6), and (ii) to treat any gain recognized by its tax-exempt parent on any disposition of an interest in it (and to treat any dividends or interest received or accrued by its tax-exempt parent from it) as unrelated business taxable income under code section 511.”
“Section 168(h)(6)(f)(ii) election aspen hills gp, inc. (manager, aspen hills ii/mht limited dividend housing association, llc) 32600 telegraph road bingham farms, mi 48025 e.i.n.: 36-4883838 form 4562: depreciation and amortization election under internal revenue code section 168(h)(6)(f)(ii) pursuant to temporary treasury regulation section 301.9100-7t, aspen hills gp, inc., a subsidiary of mht housing, inc., a(n) michigan not-for-profit organization, hereby elects under internal revenue code section 168(h)(6)(f)(ii): (i) not to be treated as a tax-exempt entity for purposes of internal revenue code sections 168(h)(5) and (6), and (ii) to treat any gain recognized by its tax-exempt parent on any disposition of an interest in it (and to treat any dividends or interest received or accrued by its tax-exempt parent from it) as unrelated business taxable income under code section 511.”
“Section 168(h)(6)(f)(ii) election ambrose ridge gp, inc. (manager, ambrose ridge ii/mht limited dividend housing association, llc) 32600 telegraph road bingham farms, mi 48025 e.i.n.: 81-3956304 form 4562: depreciation and amortization election under internal revenue code section 168(h)(6)(f)(ii) pursuant to temporary treasury regulation section 301.9100-7t, ambrose ridge gp, inc., a subsidiary of mht housing, inc., a(n) michigan not-for-profit organization, hereby elects under internal revenue code section 168(h)(6)(f)(ii): (i) not to be treated as a tax-exempt entity for purposes of internal revenue code sections 168(h)(5) and (6), and (ii) to treat any gain recognized by its tax-exempt parent on any disposition of an interest in it (and to treat any dividends or interest received or accrued by its tax-exempt parent from it) as unrelated business taxable income under code section 511.”
“Section 168(h)(6)(f)(ii) election colonial meadows gp, inc. (manager, colonial meadows ii/mht limited dividend housing association, llc) 32600 telegraph road bingham farms, mi 48025 e.i.n.: 84-3373941 form 4562: depreciation and amortization election under internal revenue code section 168(h)(6)(f)(ii) pursuant to temporary treasury regulation section 301.9100-7t, colonial meadows gp, inc., a subsidiary of mht housing, inc., a(n) michigan not-for-profit organization, hereby elects under internal revenue code section 168(h)(6)(f)(ii): (i) not to be treated as a tax-exempt entity for purposes of internal revenue code sections 168(h)(5) and (6), and (ii) to treat any gain recognized by its tax-exempt parent on any disposition of an interest in it (and to treat any dividends or interest received or accrued by its tax-exempt parent from it) as unrelated business taxable income under code section 511.”
“Section 168(h)(6)(f)(ii) election apple ridge mht gp, inc. (apple ridge ii/mht ldha, llc) 32600 telegraph road bingham farms, mi 48025 e.i.n.: 85-1790237 form 4562: depreciation and amortization election under internal revenue code section 168(h)(6)(f)(ii) pursuant to temporary treasury regulation section 301.9100-7t, apple ridge mht gp, inc., a subsidiary of mht housing, inc., a(n) michigan not-for-profit organization, hereby elects under internal revenue code section 168(h)(6)(f)(ii): (i) not to be treated as a tax-exempt entity for purposes of internal revenue code sections 168(h)(5) and (6), and (ii) to treat any gain recognized by its tax-exempt parent on any disposition of an interest in it (and to treat any dividends or interest received or accrued by its tax-exempt parent from it) as unrelated business taxable income under code section 511.”
“Milwaukee mht, inc. (milwaukee junction limited dividend housing association, llc) 32600 telegraph road bingham farms, mi 48025 e.i.n.: 84-2754584 form 4562: depreciation and amortization election under internal revenue code section 168(h)(6)(f)(ii) pursuant to temporary treasury regulation section 301.9100-7t, milwaukee mht, inc., a subsidiary of mht housing, inc., a(n) michigan not-for-profit organization, hereby elects under internal revenue code section 168(h)(6)(f)(ii): (i) not to be treated as a tax-exempt entity for purposes of internal revenue code sections 168(h)(5) and (6), and (ii) to treat any gain recognized by its tax-exempt parent on any disposition of an interest in it (and to treat any dividends or interest received or accrued by its tax-exempt parent from it) as unrelated business taxable income under code section 511.”
“Section 168(h)(6)(f)(ii) election sanctuary mht gp, llc (manager, the sanctuary ldha, llc) 32600 telegraph road bingham farms, mi 48025 e.i.n.: 83-0647226 form 4562: depreciation and amortization election under internal revenue code section 168(h)(6)(f)(ii) pursuant to temporary treasury regulation section 301.9100 7t, sanctuary mht gp, llc, a subsidiary of mht housing, inc., a(n) michigan not-for-profit organization, hereby elects under internal revenue code section 168(h)(6)(f)(ii): (i) not to be treated as a taxexempt entity for purposes of internal revenue code sections 168(h)(5) and (6), and (ii) to treat any gain recognized by its taxexempt parent on any disposition of an interest in it (and to treat any dividends or interest received or accrued by its taxexempt parent from it) as unrelated business taxable income under code section 511.”
“The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code. The organization's income tax filings are subject to audit by various taxing authorities. The organization's open audit periods are 2018 - 2020.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | MHT HOUSING, INC. FOR THE YEAR ENDED 3/31/21 RECEIVED 5 LOW INCOME HOUSING TAX CREDIT AWARDS TOTALING 631 UNITS. THESE PROJECTS WILL PROVIDE FOR 456 RENOVATED UNITS FOR PRESERVATION IN THE LOW-INCOME HOUSING SYSTEM AND 175 NEW UNITS WHICH IS COMPRISED OF 125 MARKET RATE AND 50 LOW INCOME UNITS. THESE PROJECTS WILL HOUSE APPROXIMATELY 911 LOW INCOME INDIVIDUALS AND 202 MARKET RATE INDIVIDUALS. IN ADDITION, OVER THE LAST YEAR MHT HAS COMPLETED THE RENOVATION OF 406 LOW-INCOME HOUSING UNITS WHICH WILL HOUSE APPROXIMATELY 927 LOW INCOME INDIVIDUALS. MHT HOUSING, INC. MADE SIGNIFICANT DONATIONS TO SEVERAL NONPROFITS INCLUDING SUPPORTING AN INNER CITY CHARTER SCHOOL FOR STUDENTS K-12. |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 35415 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 13736 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 46951 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 27035 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 32210 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 29086 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 14180 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 40690 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | TIMOTHY V FOX |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | STEVEN CHAMPA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | TIMOTHY A FOX |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | BRIAN A GALLAHER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | CHAD S JOSEPH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | CHRISTOPHER BRIC |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | GREGORY DEMARS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | MARTHA RICHARDSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | CHRISTOPHER OSBORNE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | ANDREW MARTIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | DONNA MCMILLAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | WILLIAM J ZAROTNY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 489274 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 311004 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 307258 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 148769 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 209495 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 2308 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 216163 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 189304 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 167361 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CHIEF OPERATING OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | CHIEF FINANCIAL OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | VICE PRESIDENT OF CONSTRUC |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | EXECUTIVE VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR OF MULTIFAMILY PR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR OF ASSET MANAGEME |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1990 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 15132 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantAmt | 0 | 3331968 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 3331968 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 3331968 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 4309372 |
| IRS990/GrossReceiptsAmt | 0 | 28098285 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 192636 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 8 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 11379 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 11379 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 22758 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 40096 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 40096 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 51609839 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 57698860 |
| IRS990/IRPDocumentCnt | 0 | 5 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1364188 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 3668071 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 5050856 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 6415044 |
| IRS990/LegalDomicileStateCd | 0 | MI |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 4294240 |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PRESERVE AND EXTEND AFFORDABLE HOUSING IN MICHIGAN THROUGH THE ACQUISITION AND OPERATION OF MULTIFAMILY RESIDENTIAL REAL ESTATE FOR LOW AND VERY LOW INCOME TENANTS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 73564557 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 86798994 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 15132 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 15132 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 192636 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 192636 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 306 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 73564557 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 86798994 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 57366 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 229466 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 286832 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 67727 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 270908 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 338635 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 91172 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 364687 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 455859 |
| IRS990/OtherExpensesGrp/Desc | 0 | MAINTENANCE AND REPAIRS |
| IRS990/OtherExpensesGrp/Desc | 1 | ASSET MANAGEMENT FEES |
| IRS990/OtherExpensesGrp/Desc | 2 | BAD DEBT |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 47667 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 17585 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 658 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 125201 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 70338 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 37869 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 2632 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 172868 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 87923 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 37869 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 3290 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | RECOVERY OF BAD DEBT |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 6497 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 6497 |
| IRS990/OtherRevenueTotalAmt | 0 | 6497 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 643408 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 2573630 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 3217038 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 3819163 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 4341535 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 42523 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 170094 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 212617 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 26301 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 105203 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 131504 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 166514 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 123627 |
| IRS990/PrincipalOfficerNm | 0 | TIMOTHY V FOX |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 82890 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 531390 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INCOME FROM RELATED ORGANIZATION |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | DEVELOPER FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | PARTNERSHIP MANAGEMENT FEE |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | INTEREST - LOAN RECEIVABLE |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | CONSULTING FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 12819312 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 5127212 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 3693251 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 1560606 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 265060 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 12819312 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 5127212 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 3693251 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 1560606 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 265060 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 227486 |
| IRS990/PYInvestmentIncomeAmt | 0 | 69445 |
| IRS990/PYOtherExpensesAmt | 0 | 3684996 |
| IRS990/PYOtherRevenueAmt | 0 | 161175 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 14445086 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 6242712 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 4520512 |
| IRS990/PYTotalExpensesAmt | 0 | 8432994 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 14675706 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 13151241 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 1 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 192636 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 1 |
| IRS990/RevenueAmt | 0 | 23748817 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 5820278 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt | 0 | 106005 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 106005 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 586929 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 547106 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 1134035 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 40096 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 82885 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 106005 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 228986 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 23742320 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 14858422 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 12865984 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 6816186 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 7325158 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 65608070 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 40096 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 82885 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 106005 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 228986 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00340 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00390 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99500 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.98890 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 66636100 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt | 0 | 106005 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 106005 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 23742320 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 14858422 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 12865984 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 7403115 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 7872264 |
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Displayed year
2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.