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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
2023-12-01
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
$10,266,400
2023
Total expenses
$11,627,693
2023
Total assets
$33,484,014
2023
Num. employees
21
2023

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
TD Charitable FoundationSelf-Help Housing Program$40,000
Delaware Community Foundation (DCF)Home Repair Program (HRP)$40,000
The Bank of America Charitable FoundationProgram/operating Support$20,000
...and 3 more grants received

Personnel at Milford Housing Development Corporation

NameTitleCompensation
David MoorePresident and Chief Executive Officer$0
Christina StanleyVice President and Chief Operating Officer$0
Jennifer KintzChief Financial Officer$0
Michele WebbResource Development and Administrative Director
Jim PurcellEnergy Efficiency Program Director
...and 5 more key personnel

Financials for Milford Housing Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,469,189
Program services$7,937,713
Investment income and dividends$50,274
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-190,776
Total revenues$10,266,400

Form 990s for Milford Housing Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-10990View PDF
2022-122023-06-21990View PDF
2021-122022-07-13990View PDF
2020-122021-07-19990View PDF
2019-122021-02-17990View PDF
...and 10 more Form 990s

Organizations like Milford Housing Development Corporation

OrganizationLocationRevenue
Selfhelp Realty GroupNew York, NY$2,865,716
Hunters Woods Elderly Developments of VirginiaReston, VA$4,432,989
El Bethel TerraceDuarte, CA$4,400,821
2life Communities (JCHE)Brighton, MA$10,109,516
Revitz House CorporationRockville, MD$6,042,122
Comprehensive Housing Assistance (CHAI)Baltimore, MD$15,776,206
Palestine Gardens NorthLees Summit, MO$4,587,419
Apple Valley Villa ApartmentsEdina, MN$5,865,017
Friendship ManorGoleta, CA$2,909,627
Heritage Presbyterian HousingLargo, FL$3,613,781
Data update history
April 24, 2025
Received grants
Identified 1 new grant, including a grant for $40,000 from TD Charitable Foundation
October 20, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from Palmer Home
September 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 14, 2024
Received grants
Identified 1 new grant, including a grant for $20,000 from The Bank of America Charitable Foundation
May 19, 2024
Received grants
Identified 3 new grant, including a grant for $40,000 from TD Charitable Foundation
Nonprofit Types
Housing and shelter organizationsRetirement homesCharities
Issues
Human servicesHousing
Characteristics
State / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online 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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