Millennium Housing Corporation logo

Millennium Housing Corporation

Public charity · Grantmaker Costa Mesa, CA EIN: 33-0880696 Website

The organization provides affordable housing to the low and moderate income individuals, reducing the burdens of local government, combating community blight and promoting social welfare.

Key facts about Millennium Housing Corporation

In short: Millennium Housing Corporation gave $383K across 5 grants in 2025 (avg $77K), mostly in California. Source: 2025 IRS Form 990.

EIN
33-0880696
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$382,696
Grants made (2025)
5
Average grant
$76,539
Median grant
$25,000
Total assets
$193,779,052
Primary geography
California (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$193.8M

+0.9% YoY

Annual Giving

$383K

+6.3% YoY

Grant Count

5

-44.4% YoY

Avg Grant Size

$77K

+91.4% YoY

How Millennium Housing Corporation gives

  • Giving grew 60% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Millennium Housing Corporation

Based on IRS filings

Millennium Housing Corporation is a public charity focused on Housing & Shelter, based in Costa Mesa, CA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $193.8M in total assets. In 2025, it awarded 5 grants totaling $383K. Net investment income was $1.4M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

IrvineCosta MesaLos AngelesMission ViejoStaten IslandArlingtonChandlerClaremontEl GranadaNewport BeachPlaya VistaSanta Rosa

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K0 grants2019 1 grant2020 1 grant2021 5 grants2022 10 grants2023 9 grants2024 5 grants2025

From 2020 to 2025, annual grant giving ranged from $138K (2021) to $383K (2025). In 2025 it made 5 grants totaling $383K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Sparc Inc: $296KSparc Inc$296KPediatric Cancer Research Foundation: $25KPediatric Cancer ResearchFoundation$25KCity of Hope: $25KCity of Hope$25KCatholic Big Brothers: $20KCatholic Big Brothers$20KMission Viejo Christian School: $17KMission Viejo Christian School$17K

The largest 2025 recipient was Sparc Inc ($296K). Together the top 5 received $383K.

Grant Size Distribution

30 grants across all recorded years

25<$50K$50–100K4$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 25 grants of 30 (83%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Sparc Inc Costa Mesa, CAResident Services/Programs$296,196
Pediatric Cancer Research Foundation Irvine, CAResearch to Cure Kids Cancer$25,000
City of Hope Irvine, CACancer Research$25,000
Catholic Big Brothers Los Angeles, CACommunity Service$20,000
Mission Viejo Christian School Mission Viejo, CAEducational Services$16,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$10M$20M$30M$40M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$193,779,052$192,126,240$190,342,566
Revenue$34,057,155$32,877,162$31,709,132
Expenses$27,322,104$26,578,995$27,502,751
Net Investment Income$1,448,381$1,196,072$495,691

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS March 16, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 11, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS March 9, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS January 23, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 9, 2025)
  6. Updated Form 990 for fiscal year 2025 (received by the IRS March 27, 2026)
  7. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Millennium Housing Corporation is led by George R. Turk Jr., President since 2024 (on filings since 2019); 3 of 8 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • George R. Turk Jr.

    President

    President → President & CEO, 2023

    President & CEO → President, 2024

    On filings since 2019

    26 hrs/week

    $570K (2019) → $704K (2025)

  • Jon M. Kmett

    Director & Chairman

    Chairman → Director, 2023

    Director → Director & Chairman, 2024

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Diana Welsh

    Program Director

    Property Manager → Program Director, 2024

    On filings since 2019

    26 hrs/week

    $113K (2019) → $172K (2025)

  • Kathy Weaver

    Director

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Nick Sanchez

    Director

    On filings since 2019

    0.3 hrs/week

    No compensation reported

  • Brett Kluewer

    Director

    On filings since 2022

    0.3 hrs/week

    No compensation reported

  • Bob Bagby

    Director

    On filings since 2024

    0.3 hrs/week

    No compensation reported

  • Lori M. Carraway

    Vice President & COO

    Vice President → Vice President & COO, 2023

    On filings since 2019

    26 hrs/week

    $192K (2019) → $268K (2025)

Former officers (2)
  • Former: Robert Bagby (2019–2023) — Director
  • Former: Gregory B. Barber (2019–2020) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

George R Turk Jr — President: $704KGeorge R Turk JrPresident$704KLori M Carraway — Vice President/COO: $268KLori M CarrawayVice President/COO$268KDiana Welsh — Program Director: $172KDiana WelshProgram Director$172K

The highest reported compensation on the 2025 filing was $704K, to George R Turk Jr (President). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Millennium Housing Corporation

How much does Millennium Housing Corporation give each year?

Millennium Housing Corporation gave $383K across 5 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $360K across 9 grants.

What is Millennium Housing Corporation's typical grant size?

Millennium Housing Corporation's median grant in 2025 was $25,000, and its average grant was $76,539, across 5 grants on its 2025 IRS Form 990.

Where does Millennium Housing Corporation give grants?

Millennium Housing Corporation gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Irvine, CA (2 grants).

Does Millennium Housing Corporation give general operating support?

Not in 2025: none of the 5 grants with a stated purpose on Millennium Housing Corporation's 2025 IRS Form 990 were described as general or operating support.

Who are Millennium Housing Corporation's largest grantees?

Millennium Housing Corporation's largest 2025 grantees include Sparc Inc ($296,196), Pediatric Cancer Research Foundation ($25,000) and City of Hope ($25,000), according to its 2025 IRS Form 990. Together they received 90% of its itemized 2025 grant dollars.

How large is Millennium Housing Corporation?

Millennium Housing Corporation reported $193.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $34.1M.

What is Millennium Housing Corporation?

Millennium Housing Corporation is a public charity focused on Housing & Shelter, based in Costa Mesa, CA. It holds $193.8M in total assets as of 2025.

What is Millennium Housing Corporation's EIN?

Millennium Housing Corporation's EIN (Employer Identification Number) is 33-0880696. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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