Source of information about of non-profits and private foundations.

Milford Housing Development Corp (EIN: 51-0218904 )

Overview

Milford Housing Development Corp is was formed in 1977 in Milford, DE and is non-profit organization still located in the same city. Organization is led by David Moore, and had governing board consisting of 12 members. In 2015 this non-profit organization had 37 employees.

Primary Exempt Statement

The mission of the mhdc is to provide decent, safe, and affordable housing solutions for people of modest means.

Finances and Program Service Revenues

It had revenue of $7,306,600.00 and expenses $6,660,859.00 between January 2015 and December 2015 that year it had program service revenue of $5,453,880.00 and program service expenses $5,294,720.00 .

Milford Housing Development Corp started 2015 with $15,942,728.00 in assets, and finished it with $15,716,868.00

Revenue has not always exceeded expenses. Program service revenues has exceeded program service expenses for some of the years, but some years program service expenses did exceed program service revenue. While total assets of have grown in some years, it also had shrinked in other years.

More information available in detailed financial report for years 2010, 2011, 2012, 2013, 2014 and 2015
Tax Year Total Revenue Total Expenses Net Revenues Total Assets BOY Total Assets EOY Change in Assets
January 2010 - December 2010 $2,673,891.00 $2,837,615.00 -$163,724.00 $14,558,688.00 $14,380,181.00 -$178,507.00
January 2011 - December 2011 $4,303,680.00 $4,098,264.00 $205,416.00 $14,380,181.00 $14,987,927.00 $607,746.00
January 2012 - December 2012 $5,005,278.00 $4,587,061.00 $418,217.00 $14,987,927.00 $14,887,667.00 -$100,260.00
January 2013 - December 2013 $5,935,705.00 $5,519,024.00 $416,681.00 $14,887,667.00 $16,158,559.00 $1,270,892.00
January 2014 - December 2014 $5,656,308.00 $6,611,570.00 -$955,262.00 $16,158,559.00 $15,942,728.00 -$215,831.00
January 2015 - December 2015 $7,306,600.00 $6,660,859.00 $645,741.00 $15,942,728.00 $15,716,868.00 -$225,860.00

Governance

Milford Housing Development Corp has large board consisting of 12 members. The board members are Margaret Gallego as director, Matthew Parks as chair, Linda Rogers as director, June Barto as director, Rev James Holt as director, Harold Truxon as director, Thomas Houlihan as vice chair, Joseph Herbert as director, Timothy Riley as director, David Moore as president, Russell Huxtable as vice pres. and Jennifer Kintz as treasurer.
Tax Returns

More information on individual tax returns for 2010, 2011, 2012, 2013, 2014, 2015 year.

Web Presence

Milford Housing Development Corp maintains web site at http://www.milfordhousing.com .

Address

Milford Housing Development Corp was located on 3 different addresses. Milford Housing Development Corp
977 EAST MASTEN CIRCLE
MILFORD, DE 19963

Business Officer

Years: 2010, 2011, 2012, 2013 and 2014
David Moore
President
(302) 422-xxxx

Year: 2015
David Moore
President
(302) 629-xxxx

Board of Directors

Governing board for each of tax years 2010, 2011, 2012, 2013, 2014, 2015 .

In tax year 2015 board of directors consisted of: