Overview
What is Milford Housing Development Corp?
Milford Housing Development Corp is a dedicated nonprofit organization situated in Milford, Delaware. Their primary mission is to offer decent, safe, and affordable housing solutions for individuals of modest means. They achieve this by managing 189 low to moderate income housing units, subsidized by HUD and USDA-RD, which are governed by strict HUD and USDA regulations. Additionally, they provide assistance to individuals under the USDA Self Help Housing Program. The corporation also rehabilitates homes for sale to families with modest incomes and offers construction services to entities providing housing to such families. Lastly, Milford Housing Development Corp maintains the financial and compliance records to ensure the families are receiving the proper benefits, ensuring the organization's operations are in line with all regulations. With a workforce of 21 individuals, Milford Housing Development Corp is committed to making a positive impact on the community.
Official website here: www.milfordhousing.com
Is Milford Housing Development Corp legitimate?
Milford Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milford Housing Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,006,652
For more financial information, click here
Official website here: www.milfordhousing.com
What is the mission statement of Milford Housing Development Corp?
The Milford Housing Development Corp's mission is centered around providing decent, safe, and affordable housing solutions for individuals of modest means. In pursuit of this goal, the organization manages 189 low to moderate income housing units, subsidized by HUD and USDA-RD, and governed by their regulations. Furthermore, the organization offers assistance to individuals under the USDA Self-Help Housing Program. Additionally, Milford Housing Development Corp rehabilitates homes for sale to families of modest means and provides construction services to entities offering housing to such families. Lastly, the corporation maintains financial and compliance records to ensure that families receiving benefits are doing so properly.
Official website here: www.milfordhousing.com
Who is the CEO of Milford Housing Development Corp?
David Moore is the Director of Milford Housing Development Corp.
Official website here: www.milfordhousing.com
What is the revenue of Milford Housing Development Corp?
Milford Housing Development Corp's revenue in 2022 was $10,610,866.
Official website here: www.milfordhousing.com
Who are the executives of Milford Housing Development Corp and what are their salaries?
The average compensation at Milford Housing Development Corp during 2022 was $143,174. There are 21 employees and 249 volunteers at Milford Housing Development Corp.
Here are 13 key members and their salaries:
- Nancy Choma (Director)
- Margaret Gallego (Director)
- Joseph Herbert (Director)
- Thomas Houlihan (Vice Chair) [Trustee/Director]
- Lisa Kirkwood (Director)
- Matthew Parks (Chair) [Trustee/Director]
- Rev Thomas Pasmore (Director)
- Timothy Riley (Director)
- Linda Rogers (Director)
- Russell Huxtable (Vice Pres.)
- Jennifer Kintz (Treasurer)
- David Moore (President)
- Christina Stanley (Vice Preside)
Official website here: www.milfordhousing.com
Where can I find the form 990 for Milford Housing Development Corp?
The Milford Housing Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.milfordhousing.com
Learn more at the official website: www.milfordhousing.com
Mission Statement of Milford Housing Development Corp
Milford Housing Development Corp, a nonprofit organization, is committed to providing decent, safe, and affordable housing solutions for individuals of modest means. Their mission encompasses managing 189 low to moderate income housing units, which are subsidized by HUD and USDA-RD, and governed by their respective regulations. The organization goes beyond just providing housing, as it also assists individuals under the USDA Self-Help Housing Program. Furthermore, Milford Housing Development Corp contributes to the rehabilitation of homes, selling them to families of modest means. In addition to these services, the corporation offers construction services to entities that provide housing for families of modest means. Lastly, Milford Housing Development Corp maintains the financial and compliance records to ensure that families of modest means are receiving the proper benefits.
Impact
This information is meant to be a general summary of Milford Housing Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Milford Housing Development Corp's impact is centered around providing decent, safe, and affordable housing solutions for people of modest means. They manage 189 low to moderate income housing units subsidized by HUD and USDA-RD, following strict regulations set by these governmental bodies. In addition, they offer assistance to individuals under the USDA Self Help Housing Program, rehabilitate homes for sale to families of modest means, and provide construction services to entities serving similar demographics. By maintaining financial and compliance records, they ensure that families of modest means receive the benefits they require to access suitable housing options.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME APARTMENT RENTALS
Revenue
$3,917,561
CONSTRUCTION AND MANAGEMENT
Revenue
$2,716,421
USDA & HUD ASSISTANCE
Revenue
$1,324,708
OTHER INCOME AND SALES
Revenue
$209,668
Organization Details
Founding Year
1977
Phone
(302) 422-8255
Principal Officer
David Moore
Main Address
977 E MASTEN CIR, MILFORD, DE, 19963
Website
www.milfordhousing.com
NTEE Category
Code: L210 - Housing
If you are a representative of Milford Housing Development Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.