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EIN 51-0218904

Milford Housing Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
21
City
Milford
State
Delaware
Year formed
1977
Most recent tax filings
2022-12-01
NTEE code, primary
L22: Senior Citizens Housing, Retirement Communities
Description
Milford Housing Development Corporation is a nonprofit organization with the mission to provide decent, safe, and affordable housing solutions for people of modest means in Milford, DE. It manages 189 low to moderate income housing units subsidized by HUD and USDA-RD, governed by HUD and USDA regulations. It also provides assistance to individuals through the USDA self-help housing program and rehabilitates homes for sale to families.
Total revenues
$10,610,866
2022
Total expenses
$10,971,772
2022
Total assets
$32,022,744
2022
Num. employees
21
2022

Program areas at Milford Housing Development Corporation

To provide and manage 189 low to moderate income Housing units subsidized by hud and usda-rd, governed by hud and usda regulations; to provide assistance to individuals under the usda self help Housing program; to rehabilitate homes for sale to families of modest means; to provide construction services to entities providing Housing to families of modest means; to maintain the financial and compliance records to ensure the families of modest means are receiving the proper benefits

Who funds Milford Housing Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Delaware Sustainable Energy Utility (SEU)$200,000
Delaware Community Foundation (DCF)Home Repair Program (HRP)$40,000
TD Charitable FoundationSelf-Help Housing Program$40,000
...and 6 more grants received

Personnel at Milford Housing Development Corporation

NameTitleCompensation
David MoorePresident and Chief Executive Officer$0
Jennifer KintzDirector of Accounting$0
Jim PurcellEnergy Efficiency Program Director
Tracey HearnSingle Family Program Director
Rob AmentLand Development Manager
...and 4 more key personnel

Financials for Milford Housing Development Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,560,387
Program services$8,168,358
Investment income and dividends$11,709
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$27,586
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-157,174
Total revenues$10,610,866

Form 990s for Milford Housing Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-21990View PDF
2021-122022-07-13990View PDF
2020-122021-07-19990View PDF
2019-122021-02-17990View PDF
2018-122019-10-11990View PDF
...and 9 more Form 990s
Data update history
February 4, 2024
Received grants
Identified 2 new grant, including a grant for $200,000 from Delaware Sustainable Energy Utility (SEU)
November 23, 2023
Updated personnel
Identified 3 new personnel
October 26, 2023
Received grants
Identified 2 new grant, including a grant for $40,000 from TD Charitable Foundation
August 21, 2023
Updated personnel
Identified 2 new personnel
August 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Housing and shelter organizationsRetirement homesCharities
Issues
Human servicesHousing
Characteristics
State / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donations
General information
Address
977 E Masten Cir
Milford, DE 19963
Metro area
Dover, DE
County
Kent County, DE
Website URL
milfordhousing.com/ 
Phone
(302) 422-8255
IRS details
EIN
51-0218904
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1977
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L22: Senior Citizens Housing, Retirement Communities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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