Montgomery Housing Partnership Inc, Mhp Town Centre Inc in Silver Spring, Maryland (MD)

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Montgomery Housing Partnership Inc, Mhp Town Centre Inc
Employer Identification Number (EIN)521799708
Name of OrganizationMontgomery Housing Partnership Inc
Secondary NameMhp Town Centre Inc
In Care of NameRobert Goldman
Address12200 Tech Rd Ste 250, Silver Spring, MD 20904-1938
ActivitiesLow income housing
SubsectionCharitable Organization
Ruling Date09/1989
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1,000,000 to $4,999,999
Income$500,000 to $999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$4,525,762
Amount of Income$788,940
Form 990 Revenue Amount$788,940
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Housing Support Services - Other


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$726,251
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$726,109
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$142
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$723,241
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$81,691
Payroll taxes$7,681
Professional fundraising services$0
Other$633,869
Balance Sheet (for 2012)
Total assets$4,155,732
Total liabilities$3,412,207
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$2,274,487
Unsecured notes and loans payable to unrelated third parties$759,510
Other$378,210
Total net assets or fund balances$743,525
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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All affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
SubordinateMontgomery Housing Partnership Inc, Mhp Scattered Site Inc12200 Tech Rd Ste 250, Silver Spring, MD 20904-1938MD1989-09$3,540,316
SubordinateMontgomery Housing Partnership Inc, Mhp Landings Edge Inc12200 Tech Rd Ste 250, Silver Spring, MD 20904-1938MD1989-09$1,833,760
CentralMontgomery Housing Partnership Inc12200 Tech Road, Silver Spring, MD 20904-1983MD1989-09$14,854,557
SubordinateMontgomery Housing Partnership Inc, Mhp Drhc Inc12200 Tech Rd Ste 250, Silver Spring, MD 20904-1938MD1989-09$1,554,172
SubordinateMontgomery Housing Partnership Inc, Mhp Town Centre Inc12200 Tech Rd Ste 250, Silver Spring, MD 20904-1938MD1989-09$788,940
SubordinateMhp Mpdu Rental Inc12200 Tech Road, Silver Spring, MD 20904MD1989-09$127,448
SubordinateMontgomery Housing Partnership Inc, Edinburgh House Inc12200 Tech Rd, Silver Spring, MD 20904-1983MD1989-09$101,274
SubordinateMhp Bealls Inc12200 Tech Road, Silver Spring, MD 20904MD1989-09$0
SubordinateMontgomery Housing Partnership Inc, Mhp Great Hope Homes Inc12200 Tech Road, Silver Spring, MD 20904MD1989-09$0
Number of affiliated organizations
Maryland9
Total9

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