MHT HOUSING INC
32600 TELEGRAPH ROAD, BINGHAM FARMS, MI 48025 www.mhthousing.net

Total Revenue
$14,675,706
Total Expenses
$8,432,994
Net Assets
$73,564,557

Organizations Filed Purposes: 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

MHT HOUSING, INC. FOR THE YEAR ENDED 3/31/20 RECEIVED 3 LOW INCOME HOUSING TAX CREDIT AWARDS TOTALING 406 UNITS. THESE PROJECTS WILL PROVIDE FOR 406 RENOVATED UNITS FOR PRESERVATION IN THE LOW-INCOME HOUSING SYSTEM. THESE PROJECTS WILL HOUSE APPROXIMATELY 927 LOW INCOME INDIVIDUALS. IN ADDITION, OVER THE LAST YEAR MHT HAS COMPLETED THE RENOVATION OF 336 LOW-INCOME HOUSING UNITS AND COMPLETED NEW CONSTRUCTION OF 42 LOW-INCOME UNITS WHICH IN TOTAL WILL HOUSE APPROXIMATELY 1,035 LOW INCOME INDIVIDUALS. THE NEW CONSTRUCTION UNITS WERE TARGETED FOR MEN AND WOMEN TRANSITIONING FROM HOMELESSNESS. MHT HOUSING, INC. MADE SIGNIFICANT DONATIONS TO SEVERAL NONPROFITS INCLUDING SUPPORTING AN INNER CITY CHARTER SCHOOL FOR STUDENTS K-12.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Timothy V FoxPRESIDENT40$389,887
Timothy A FoxCHIEF OPERATING OFFICER40$311,042
Brian A GallaherCHIEF FINANCIAL OFFICER40$234,702
Christopher BricEXECUTIVE VICE PRESIDENT40$190,909
Donna McmillanDIRECTOR OF MULTIFAMILY PR40$170,947
William J ZarotnyDIRECTOR OF ASSET MANAGEME40$165,131
Chad S JosephVICE PRESIDENT OF CONSTRUC40$122,566
Christopher OsborneSECRETARY5$0
Martha RichardsonTREASURER5$0
Gregory DemarsCHAIRMAN5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202110479349301141_public.xml