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Massachusetts Housing Investment Corp

Public charityFed auditsIRS 990
DBA: % JOSEPH L FLATLEY
Other · BOSTON, MA · EIN 04-3094550

About

MHIC's mission is to be an innovative private financier of afforable housing and community development throughout new england, providing financing that would not otherwise be available, and extending the impact of that financing to ensure the broadest possible benefit.

In care of Joseph L Flatley

Donations are tax-deductible
Category
Other
Employees
39
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$22.6M
Expenses
$11.8M
Assets
$92.8M
Liabilities
$51.9M

Financial history

$22.6M$11.3M$0
161718192021222324
RevenueExpenses
Latest FY2024: $22.6M · Avg: $13.5M
MASSACHUSETTS HOUSING INVESTMENT CORP
Your actions

Address

21 Custom House ST 8TH F
Boston, MA, 02110-350

Governance

Voting board members18
Independent members17
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
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