MHT Housing IV Inc
To preserve and extend affordable housing through the acquisition and operation of multifamily residential real estate for low and very low-income tenants.
MHT Housing IV Inc at a glance
In short: MHT Housing IV Inc gave $10.0M across 1 grant in 2024 (avg $10.0M), mostly in Michigan. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $10,000,000
- Grants made (2024)
- 1
- Average grant
- $10,000,000
- Median grant
- $10,000,000
- Total assets
- $15,275,627
- +0.9% vs 2023
- Primary geography
- Michigan (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who MHT Housing IV Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was MHT Housing Inc ($10.0M).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was $5M or more: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2018 to 2024, annual grant giving ranged from $587K (2018) to $49.1M (2023, 21 months). In 2024 it made 1 grant totaling $10.0M.
*2023: Covers 21 months (fiscal year-end changed).
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MHT Housing Inc Bingham Farms, MI | General Support | $10,000,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $15,275,627 | $11,358,250 | $10,186,123 | $10,000,000 | 1 | $10,397,196 |
| 2023* | $15,133,470 | $51,649,829 | $49,856,004 | $49,118,045 | 2 | $48,285,057 |
| 2022 | $13,010,191 | $72,026 | $1,167 | — | — | $741,239 |
| 2021 | $13,270,876 | $1,133,059 | $13,825 | — | — | $395,444 |
| 2020 | $12,176,263 | $3,521,017 | $30,973 | — | — | $487,069 |
| 2019 | $8,661,598 | $474,617 | $69,708 | — | — | $26,314 |
| 2018 | $8,556,994 | $641,886 | $875,684 | $586,929 | 1 | $35,616 |
*2023: Covers 21 months (fiscal year-end changed).
About MHT Housing IV Inc
Based on IRS filings
MHT Housing IV Inc is a public charity focused on Housing & Shelter, based in Bingham Farms, MI. IRS filing data is available from 2018 through 2024. As of 2024, the organization holds $15.3M in total assets. In 2024, it awarded 1 grant totaling $10.0M. Net investment income was $10.4M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
MHT Housing IV Inc is led by Martha J. Richardson, Chairman since 2022 (on filings since 2018); none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Martha J. Richardson
Chairman
Director → Treasurer, 2019
Treasurer → Chairman, 2022
On filings since 2018
5 hrs/week
No compensation reported
Brian Gallaher
Chief Financial Officer
Treasurer → Chief Financial Officer, 2019
On filings since 2018
10 hrs/week
No compensation reported
Steven Champa
Secretary
On filings since 2021
5 hrs/week
No compensation reported
Thomas Edmiston
Treasurer
On filings since 2023
5 hrs/week
No compensation reported
Former officers (11)
- Former: Timothy A. Fox (2018–2024) — President & Chief Operating Officer · Filing note: Resigned 2017
- Former: Christopher Bric (2018–2022) — Executive Vice President
- Former: Donna McMillan (2018–2022) — Director of Multifamily Pr
- Former: Gregory J. Demars (2018–2022) — Treasurer
- Former: William Zarotny (2019–2022) — Director of Asset Manageme
- Former: Andrew Martin (2021–2022) — Vice President
- Former: Thomas Lydick (2022) — Controller
- Former: Chad S. Joseph (2018–2021) — Vice President of Construction · Filing note: Resigned 2017
- Former: Christopher P. Osborne (2018–2021) — Secretary
- Former: Lawrence Stumkat (2018) — Director
- Former: Richard Shafer (2018) — Director · Filing note: Resigned 2017
Data from IRS Form 990 filings, 2018–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about MHT Housing IV Inc
How much does MHT Housing IV Inc give each year?
MHT Housing IV Inc gave $10.0M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $49.1M across 2 grants. The 2023 filing year covers 21 months because its fiscal year-end changed.
How large is MHT Housing IV Inc?
MHT Housing IV Inc reported $15.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $11.4M.
What is MHT Housing IV Inc?
MHT Housing IV Inc is a public charity focused on Housing & Shelter, based in Bingham Farms, MI. It holds $15.3M in total assets as of 2024.
Where does MHT Housing IV Inc operate?
MHT Housing IV Inc has awarded grants in Michigan.
What is MHT Housing IV Inc's EIN?
MHT Housing IV Inc's EIN (Employer Identification Number) is 38-3384042. IRS Form 990 filing data is available on this page for 2018–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2018 (received by the IRS February 15, 2020)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
- IRS filings on file for fiscal years 2018–2024
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