nonprofit logo

Mhany Management Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 721303737 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is Mhany Management Inc?

Mhany Management Inc, located at 470 Vanderbilt Ave, 9th Floor, Brooklyn, NY 11238, is a nonprofit organization dedicated to improving living conditions in distressed areas of New York City. Their primary mission is to provide housing for low and moderate income residents, aiming to alleviate neighborhood tensions, deterioration, and prejudice. In addition to housing, they engage in activities to enhance the targeted communities and offer information and technical assistance to its residents. With a workforce of 91 individuals, Mhany Management Inc strives to make a positive impact on the lives of those in need.


Is Mhany Management Inc legitimate?

Mhany Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mhany Management Inc 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: $109,772
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,570,203

For more financial information, click here


What is the mission statement of Mhany Management Inc?
Who is the CEO of Mhany Management Inc?
What is the revenue of Mhany Management Inc?
Who are the executives of Mhany Management Inc and what are their salaries?
Where can I find the form 990 for Mhany Management Inc?

Mission Statement of Mhany Management Inc

Mhany Management Inc, as a nonprofit organization, is committed to providing relief to the poor, distressed, and underprivileged in a bid to lessen neighborhood tensions, deterioration, and prejudice. Their mission is centered around public good, aiming to alleviate the plight of those who are struggling financially and socially. To achieve this, they offer housing solutions to low and moderate income residents, providing them with a stable living environment.

In addition to housing, Mhany Management Inc also engages in activities to halt the deterioration of distressed areas. This could involve various community initiatives, aimed at improving the living conditions and reducing tensions in these areas. Furthermore, the organization disseminates information and provides technical assistance to targeted residents, empowering them to improve their own situations and contribute positively to their communities. By doing so, Mhany Management Inc plays a significant role in promoting social harmony and reducing prejudice.

Impact

This information is meant to be a general summary of Mhany Management Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Mhany Management Inc's impact lies in its dedicated efforts to provide housing and relief to the poor, distressed, and underprivileged residents of New York City. By focusing on offering affordable housing options to low and moderate-income individuals, Mhany Management Inc contributes to alleviating neighborhood tensions, halting the deterioration of distressed areas, and combating prejudice. This organization's work not only addresses the immediate needs of the community but also aims to create a more equitable and inclusive environment for all residents.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $120,705
  • Program Service Revenue: $3,208,635
  • Gross Receipts: $5,058,922

    • Assets and Liabilities:
  • Total Assets: $37,929,584
  • Total Liabilities: $9,264,295
  • Net Assets: $28,665,289
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROPERTY MANAGEMENT FE

    Revenue

    $1,785,355

    OTHER CONSULTING

    Revenue

    $646,001

    DEVELOPMENT FEES

    Revenue

    $514,782

    INCENTIVE MANAGEMENT F

    Revenue

    $262,497

    Organization Details

    Founding Year

    1995

    Principal Officer

    Ismene Speliotis

    Main Address

    470 VANDERBILT AVE 9TH FLOOR, BROOKLYN, NY, 11238

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Mhany Management Inc 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.