MHT HOUSING IV INC

EIN: 383384042 501(c)(3) Housing & Shelter

BINGHAM FARMS, MI

Total Revenue
$47,380,117
Total Expenses
$47,338,374
Total Assets
$15,133,470
Net Assets
$14,069,268
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
MI
Principal Officer
TIMOTHY V FOX
Phone
2488330550
Tax Period
2023-04-01 to 2023-12-31

MHT HOUSING IV INC, founded in 1997, is a mid-sized nonprofit in the Housing & Shelter sector that reported $47.4M in total revenue in fiscal year 2023. Revenue surged 1010% from the prior year, signaling strong growth momentum.

Mission

PRESERVATION OF LOW-INCOME HOUSING

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $892,752
Investment Income $46,487,365
Other Revenue $0
TOTAL REVENUE $47,380,117

Expense Breakdown

Grants Paid $46,618,045
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $47,247,617
Other Expenses $720,329
TOTAL EXPENSES $47,338,374

Year-over-Year Comparison

2023 2022 Change
Revenue $47,380,117 $4,269,712 +10.1%
Expenses $47,338,374 $2,517,630 +17.8%
Net Income $41,743 $1,752,082 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
3
Employees
N/A
Volunteers
3

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$1,506,457
Total Directors
4
$657,334
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY V FOX PRESIDENT 10.00
Officer Director
$0 $33,000 $657,334
MARTHA J RICHARDSON CHAIRMAN 5.00
Officer Director
$0 $0 $0
STEVEN CHAMPA SECRETARY 5.00
Officer Director
$0 $0 $0
THOMAS EDMISTON TREASURER 5.00
Officer Director
$0 $0 $0
BRIAN GALLAHER CHIEF FINANCIAL OFFICER 10.00
Officer
$0 $57,364 $519,946
TIMOTHY A FOX CHIEF OPERATING OFFICER 5.00
Officer
$0 $18,714 $329,177
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $4,269,712 $2,517,630 $14,386,694 $1,752,082
2023 $47,380,117 $47,338,374 $15,133,470 $41,743
2022 $72,026 $1,167 $13,010,191 $70,859
2021 $1,133,059 $13,825 $13,270,876 $1,119,234
2021 $1,133,059 $13,825 $13,270,876 $1,119,234
2020 $3,521,017 $30,973 $12,176,263 $3,490,044
2019 $474,617 $69,708 $8,661,598 $404,909
2018 $641,886 $875,684 $8,556,994 $-233,798
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MHT HOUSING IV INC with other nonprofits in Michigan and across the country.