AI Summary
MHC Development Company Inc, recognized by EIN 37-1120291, is a nonprofit organization dedicated to housing development, specifically providing permanent housing for low-income single adults with serious mental illness. With an operating budget of $207.4K and total revenue of $231.2K for the filing year 2025, the organization offers subsidized apartments and employs a staff service coordinator to support residents in achieving stability and realizing their full potential. The organization does not appear to rely on a single funder for 50% or more of its revenue.
Mission Statement
PROVIDES PERMANENT HOUSING TO LOW INCOME, SINGLE ADULTS WITH SERIOUS MENTAL ILLNESS. APARTMENTS WITH SUBSIDIES AND A STAFF SERVICE COORDINATOR HELP TO ENSURE RESIDENTS REMAIN HOUSE AND REALIZE THEIR FULLEST POTENTIAL.
Cause Areas
1
Housing development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is MHC DEVELOPMENT COMPANY INC’s budget?
In 2025, MHC DEVELOPMENT COMPANY INC reported an annual operating budget of around $207 thousand. More detailed financial information is available to registered users.
What causes does MHC DEVELOPMENT COMPANY INC support?
MHC DEVELOPMENT COMPANY INC supports work in Housing development.
Where does MHC DEVELOPMENT COMPANY INC operate?
MHC DEVELOPMENT COMPANY INC is headquartered in Alton, IL.
What is MHC DEVELOPMENT COMPANY INC’s reliance on government grants?
MHC DEVELOPMENT COMPANY INC relied on government grants for more than 50% of their total revenue in 2025.