Organizations Filed Purposes:
MIDWEST HOUSING EQUITY GROUP, INC'S MISSION IS TO CHANGE LIVES FOR A BETTER TOMORROW BY PROMOTING THE DEVELOPMENT AND SUSTAINABILITY OF QUALITY AFFORDABLE HOUSING.
MIDWEST HOUSING EQUITY GROUP, INC. (MHEG) PROVIDES ACQUISITION, ADVISORY AND ASSET MANAGEMENT SERVICES PRIMARILY BY ACTING AS THE GENERAL PARTNER OF APPROXIMATELY 47 LIMITED PARTNERSHIPS (THE "FUNDS") WHICH INVEST EQUITY CAPITAL IN OTHER PARTNERSHIPS OR LLCS FORMED TO DEVELOP, OWN AND OPERATE AFFORDABLE HOUSING PROJECTS WHICH ARE ELIGIBLE FOR FEDERAL TAX CREDITS UNDER SECTION 42 OF THE INTERNAL REVENUE CODE. IN ADDITION TO PROVIDING EQUITY FOR THESE PROJECTS, MHEG PROVIDES TECHNICAL AND ADVISORY SERVICES TO THE PARTNERSHIPS FOR A FEE.IN 2019, MHEG PARTNERED WITH 34 DEVELOPERS TO CLOSE OVER $175 MILLION IN EQUITY FOR 44 DEVELOPMENTS, CREATING 1,924 AFFORDABLE HOUSING UNITS. THIS INCLUDED 15 AGE RESTRICTED DEVELOPMENTS, 23 MULTIFAMILY DEVELOPMENTS, FOUR SINGLE FAMILY HOME PROPERTIES, AND TWO SPECIAL NEEDS HOUSING DEVELOPMENTS. PROJECTS RANGED FROM AN 8 UNIT RURAL DEAL TO A 159-UNIT URBAN DEAL IN COLORADO, REPRESENTING 35 MIDWEST COMMUNITIES.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| John Wiechmann | PRESIDENT AND CEO | 40 | $736,366 |
| Becky Christoffersen | CIO | 40 | $464,723 |
| Jason Main | CFO | 40 | $434,513 |
| Ann Burge | COO | 40 | $426,175 |
| Tom Stratman | VP OF ACQUISITIONS | 40 | $283,008 |
| Patrick Michaelis | KS EXECUTIVE VICE PRESIDEN | 40 | $230,483 |
| Andrea Frymire | OK EXECUTIVE VICE PRESIDEN | 40 | $184,070 |
| Jordan Abboud | VP OF ASSET MANAGEMENT | 40 | $161,799 |
| Anwer Sammy Ehtisham | ASSISTANT VP OF ACQUISITIO | 40 | $140,389 |
| Shannon Foster | ACCOUNTING MANAGER | 40 | $138,841 |
| Scott Fitzpatrick | NE EXECUTIVE VICE PRESIDEN | 40 | $138,567 |
| Joshua Yurek | DIRECTOR OF GOVERNMENT AFFAIRS | 40 | $132,359 |
| Cindy Koster | SENIOR ACQUISITIONS MANAGE | 40 | $125,492 |
| Jake Jacobsen | CONSTRUCTION MANAGER | 40 | $120,556 |
| Bradley Reiff | ACQUISITIONS MANAGER | 40 | $107,671 |
| Laurie Stephenson | DEPUTY DIRECTOR OF COMPLIA | 40 | $105,485 |
| Michael Powley | DEPUTY DIRECTOR OF OPERATIONS | 40 | $100,859 |
| Dan Lonergan | DIRECTOR | 1 | $0 |
| Nicole Theophilus | DIRECTOR | 1 | $0 |
| Christopher Hite | DIRECTOR | 1 | $0 |
| Frank Hayes | DIRECTOR | 1 | $0 |
| Chris Hensley | DIRECTOR | 1 | $0 |
| Kirk Kellner | SECRETARY | 1 | $0 |
| Dennis Brand | VICE CHAIRMAN | 1 | $0 |
| Barry G Sandstrom | CHAIRMAN | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202032659349301403_public.xml