2020-11-16T15:00:05-06:00 2019-12-31 221478099 COHNREZNICK LLP 7501 WISCONSIN AVENUE SUITE 400E BETHESDA MD 20814 990 2019-01-01 521631939 MONTGOMERY HOUSING PARTNERSHIP INC MONT 3016222400 12200 TECH ROAD NO 250 SILVER SPRING MD 20904 ROBERT GOLDMAN PRESIDENT 3016222400 2020-11-16 1 GLENN M SHELTON P00228007 3016529100 2020-11-16 209.59.243.22 2020-11-16 11:22:30 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2019 2021-01-29 14:40:06Z ROBERT GOLDMAN 12200 TECH ROAD NO 250 SILVER SPRING MD 20904 14322046 0 3335 X WWW.MHPARTNERS.ORG X 1989 MD TO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES LOCATED IN MONTGOMERY COUNTY, MARYLAND. 15 15 99 0 0 0 2331403 2722008 7095849 10800787 461947 684251 -74040 115000 9815159 14322046 0 0 0 0 3251360 4347203 0 0 809398 7105776 9784489 10357136 14131692 -541977 190354 65199458 107060608 43632288 85420758 21567170 21639850 X THE ORGANIZATION'S MAIN PURPOSE IS TO PROVIDE FOR LOW-INCOME FAMILIES AFFORDABLE HOUSING, AND IN THOSE COMMUNITIES ENHANCE THE VITALITY OF THESE NEIGHBORHOODS, AND IMPLEMENT COMMUNITY LIFE PROGRAMS FOR THOSE RESIDENTS. 0 0 10825144 8646164 SEE SCHEDULE O 10825144 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 29 0 1 99 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MD X THE CORPORATION 3016222400 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 LISA ROTHER VICE CHAIR 1.00 5.00 X X 0 0 0 JOHN CLARKE CHAIR 1.00 5.00 X X 0 0 0 JOSEPH DENNIS TREASURER 1.00 5.00 X X 0 0 0 MADIAW DIOP BOARD MEMBER 1.00 1.00 X 0 0 0 LUCILE FREEMAN BOARD MEMBER 1.00 X 0 0 0 MARTINA GILLIS-MASSEY BOARD MEMBER 1.00 1.00 X 0 0 0 PATRICIA HARRIS BOARD MEMBER 1.00 1.00 X 0 0 0 EMMANUEL JEAN-PHILIPPE SECRETARY 1.00 5.00 X X 0 0 0 ARMINDA LIMA-WILLIAMS BOARD MEMBER 1.00 X 0 0 0 JEANNE SEGAL BOARD MEMBER 1.00 X 0 0 0 WAYNE SHERWOOD BOARD MEMBER 1.00 X 0 0 0 WILLIAM CALDWELL BOARD MEMBER 1.00 X 0 0 0 EUGENE COSTA BOARD MEMBER 1.00 X 0 0 0 SARA DAINES BOARD MEMBER 1.00 X 0 0 0 HELENE GOLDBERG BOARD MEMBER 1.00 X 0 0 0 ROBERT A GOLDMAN PRESIDENT 35.00 5.00 X 264636 0 44790 JILL GOODRICH VICE PRESIDENT 35.00 5.00 X 150721 0 21934 ARTIE HARRIS VP OF REAL ESTATE DEVELOPM 35.00 5.00 X 162710 0 50532 MARK MEIER CFO 35.00 5.00 X 163087 0 31450 SULEMA MIDDLETON STEWART VP OF COMMUNITY LIFE 35.00 5.00 X 135320 0 5413 PRAJAKTA KASBEKAR SR. PROJECT MANAGER 35.00 5.00 X 141030 0 5766 EVA DILLON DIRECTOR OF ADVANCEMENT 35.00 5.00 X 112081 0 26095 STEPHANIE MURDOCK ROODMAN SR. PROJECT MANAGER 35.00 5.00 X 113981 0 36889 SUZANNE WILLIAMSON SR. PROJECT MANAGER 35.00 5.00 X 102895 0 17570 DANIEL MCLEAN DIRECTOR OF FINANCE 35.00 5.00 X 112112 0 39777 1458573 0 280216 10 0 1 0 COHN REZNICK LLP 7501 WISCONSIN AVE SUITE 400E BETHESDA MD 20814 ACCOUNTING SERVICES 103275 1 1800386 921622 2722008 RENTAL INCOME 531110 6626909 6626909 ASSET AND INCENTIVE MANAGEMENT FE 531110 1565455 1565455 DEVELOPMENT FEES 531110 1281251 1281251 OTHER INCOME 531110 994923 994923 RESIDENT PROG. FEE 531110 332249 332249 10800787 684251 684251 FORGIVENESS OF DEBT 531110 115000 115000 115000 14322046 10915787 0 684251 1030593 618356 309178 103059 2456880 1474128 737064 245688 93387 56032 28016 9339 453793 272276 136138 45379 312550 187530 93765 31255 250527 250527 189601 113761 56880 18960 1730363 1038218 519109 173036 2937140 2937140 1399963 1396813 2342 808 192798 191882 668 248 OPERATING AND MAINT. 1555591 1552109 2539 943 OTHER EXPENSES 1220098 732226 366113 121759 TAXES 245338 245338 FUNDRAISING EXPENSES 58924 58924 4146 4146 14131692 10825144 2497150 809398 12166988 11916979 671500 1081647 165932 211453 73673492 4241076 33245479 69432416 1170946 1970510 254347 233118 17524266 22214485 65199458 107060608 1638823 2460321 54499 57432 36636077 76077330 5072353 6370683 230536 454992 43632288 85420758 X 20199707 20272387 1367463 1367463 21567170 21639850 65199458 107060608 X 190354 -117674 X X 0 1 X 1 1 1 X 1561711 2204052 1760050 2331403 2722008 10579224 1561711 2204052 1760050 2331403 2722008 10579224 227171 10352053 296020 301795 327483 461947 679989 2067234 12646458 37691238 0.81860 0.82480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 22035195 22035195 51100531 4019578 47080953 537766 221498 316268 69432416 INVESTMENT IN SUBSIDIARIES AND AFFILIATES 14140461 RESTRICTED RESERVES 4602339 DEVELOPMENT FEES RECEIVABLE 2228265 CONSTRUCTION IN PROGRESS 1243420 22214485 TENANT SECURITY DEPOSITS 454992 454992 X PART X, LINE 2: THE ORGANIZATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2019. DUE TO ITS TAX-EXEMPT STATUS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES. THE ORGANIZATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE ORGANIZATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE AFFILIATES ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2016 REMAIN OPEN. X X 0 0 0 0 0 0 0 0 0 ROBERT A GOLDMAN PRESIDENT 249636 0 15000 0 0 0 10931 0 33859 0 309426 0 0 0 JILL GOODRICH VICE PRESIDENT 147721 0 3000 0 0 0 6193 0 15741 0 172655 0 0 0 ARTIE HARRIS VP OF REAL ESTATE DEVELOPM 159710 0 3000 0 0 0 6911 0 43621 0 213242 0 0 0 MARK MEIER CFO 160087 0 3000 0 0 0 6701 0 24749 0 194537 0 0 0 STEPHANIE MURDOCK ROODMAN SR. PROJECT MANAGER 111355 0 2626 0 0 0 4877 0 32012 0 150870 0 0 0 DANIEL MCLEAN DIRECTOR OF FINANCE 109612 0 2500 0 0 0 2461 0 37316 0 151889 0 0 0 FORM 990, PART III, LINE 4A PROJECT DEVELOPMENT, ASSET MANAGEMENT, AND NEIGHBORHOOD DEVELOPMENT. DURING THE YEAR, MHP RESOURCES WERE DEVOTED PRIMARILY TO: DEVELOPING AND DIRECTING RENOVATION/CONSTRUCTION OF AFFILIATED ENTITIES' APARTMENT HOUSING PROJECTS TARGETED FOR LOW-INCOME RESIDENTS. PROVIDING ASSET MANAGEMENT SERVICES FOR AFFILIATED ENTITIES' RESIDENTIAL, LOW-INCOME REAL ESTATE PROPERTIES, INCLUDING OVERSIGHT OF RENTAL OPERATIONS AND MONITORING TO CONTINUALLY IMPROVE THE PROPERTIES' CONDITIONS. PROVIDING, AT LOW-INCOME RESIDENTIAL PROPERTY SITES OF AFFILIATED ENTITIES, COMMUNITY LIFE PROGRAMS INCLUDING AN AFTER SCHOOL HOMEWORK CLUB, TEEN CLUB, PRESCHOOL PROGRAM, SUMMER ENRICHMENT PROGRAM, ADULT COMPUTER CLASSES, AND ENGLISH LANGUAGE LESSONS FOR THE LARGELY IMMIGRANT POPULATION. COMMUNITY-WIDE HEALTH FAIRS FOR THE RESIDENTS ARE HELD PERIODICALLY AT THE PROPERTY SITES THAT ATTRACTS VAST ATTENDANCE AND COMMUNITY SUPPORT. EXTENDING THE AFFORDABILITY OF PREVIOUSLY OWNED MODERATELY PRICED DWELLING UNITS (MPDUS) BY PURCHASING, IMPROVING, AND RESELLING THESE UNITS TO FAMILIES AND INDIVIDUALS AT OR BELOW 60% OF THE AREA MEDIAN INCOME, OR ADDING THE PURCHASED UNIT TO AN AFFILIATED ORGANIZATION'S PORTFOLIO OF MPDUS HELD FOR RENTAL TO LOW-INCOME INDIVIDUALS IN THE MPDU PROGRAM. CONTINUING THE NEIGHBORHOOD REVITALIZATION PROGRAM IN EAST SILVER SPRING WHERE MHP IS WORKING WITH AN UMBRELLA ORGANIZATION OF CIVIC ASSOCIATIONS AS WELL AS INDIVIDUAL NEIGHBORHOOD ORGANIZATIONS TO IMPROVE AFFORDABLE HOUSING AND STRENGTHEN NEIGHBORHOODS. IN ADDITION, AN MHP AFFILIATED ORGANIZATION OWNS 104 MULTIFAMILY UNITS THROUGHOUT THIS AREA IN 5 NEIGHBORHOODS. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE, REPRESENTING THE ORGANIZATION'S GOVERNING BODY, MEETS TO REVIEW THE FORM 990, AND APPROVES IT FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY: - REVIEWING THE CONFLICT OF INTEREST QUESTIONNAIRE COMPLETED BY EMPLOYEES. - RECEIVING DISCLOSURES OF PROPOSED COVERED TRANSACTIONS. - REVIEWING THE PROPOSED COVERED TRANSACTIONS TO DETERMINE WHETHER THEY MEET THE STANDARDS DEFINED IN THE CONFLICT OF INTEREST POLICY. - MAINTAINING MINUTES AND SUCH OTHER DOCUMENTATION THAT IS NECESSARY AND APPROPRIATE TO DOCUMENT ITS REVIEW OF COVERED TRANSACTIONS. - REVIEWING THE OPERATION OF THE CONFLICT OF INTEREST POLICY AND MAKING CHANGES FROM TIME TO TIME AS IT'S DEEMED APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED BY SALARY SURVEYS AND PERIODIC BUDGET ANALYSIS. SALARY SURVEYS COMPLETED BY THE HOUSING ASSOCIATION ARE REVIEWED TO COMPARE THE ORGANIZATION'S SALARIES WITH OTHER NON-PROFITS IN SIMILAR LOCATIONS AND INDUSTRIES. BUDGETS AND MARKET CONDITIONS ARE PERIODICALLY REVIEWED TO ENSURE THAT INCREASES ARE APPROPRIATE. SALARIES FOR ALL EMPLOYEES ARE APPROVED BY THE PRESIDENT OF THE ORGANIZATION. THE PRESIDENT'S SALARY IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUATION IN INVESTMENT IN SUBSIDIARY -117,674. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES FROM THE PRIOR YEAR. MHP FLOWER-MAPLE LLC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 208818942 AFFORD. HSNG. MD 269766 3575428 NHP MHP NORTH FREDERICK AVENUE LLC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 461323360 AFFORD. HSNG. MD 1135424 8490733 MHP MHP FOREST GLEN LLC 12200 TECH ROAD SUITE 250 SLIVER SPRING MD 20904 810732500 AFFORD. HSNG. MD 1104829 9543226 MHP MHP HILLBROOKE TOWERS LLC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 810718320 AFFORD. HSNG. MD 647936 5317800 MHP MHP HILLWOOD MANOR LLC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 810718320 AFFORD. HSNG. MD 1208864 7387691 MHP MHP PARKVIEW TOWERS LLC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 244112313 AFFORD. HSNG. MD 121961 2167849 MHP MHP 610-614 SSA LLC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 454028133 AFFORD. HSNG. MD 163830 2369132 MHP MHP WORTHINGTON WOODS LLC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 AFFORD. HSNG. MD 2273198 39321353 MHP MHP TOWN CENTRE INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 521799708 AFFORD. HSNG. MD 501(C)(3) LINE 12A, I MHP INC 1 MHP DRHC INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 141855665 AFFORD. HSNG. MD 501(C)(3) LINE 12A, I MHP INC 1 MHP SCATTERED SITE INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 521797072 AFFORD. HSNG. MD 501(C)(3) LINE 12A, I MHP INC 1 MHP EDINBURGH HOUSE INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 521937891 AFFORD. HSNG. MD 501(C)(3) LINE 12A, I MHP INC 1 MHP LANDING'S EDGE INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 522063810 AFFORD. HSNG. MD 501(C)(3) LINE 12A, I MHP INC 1 MHP BEALLS INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 205038795 AFFORD. HSNG. MD 501(C)(3) LINE 12A, I MHP INC 1 MHP GREAT HOPE HOMES INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 522298864 AFFORD. HSNG. MD 501(C)(3) LINE 12A, I MHP INC 1 MHP MPDU RENTAL INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 274584922 AFFORD. HSNG. MD 501(C)(3) LINE 12A, I MHP INC 1 PEMBRIDGE SQUARE APARTMENTS LP 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 770597583 AFFORD. HSNG. MD N/A GREENWOOD TERRACE APARTMENTS LP 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 522341499 AFFOD. HSNG. MD N/A GREAT HOPE HOMES 2001 LP 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 522320420 AFFORD. HSNG. MD MHP INC 23946 7496890 0 0 0.99990 BLAIR PARK APARTMENTS LP 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 522341501 AFFORD. HSNG. MD N/A PARKVIEW MANOR LIMITED PARTNERSHIP 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 541867624 AFFORD. HSNG. MD N/A MHP TPP LLC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 204864851 AFFORD. HSNG. MD N/A MHP HALPINE HAMLET LP 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 454028133 AFFORD. HSNG. MD N/A MHP EDINBURGH HOUSE LP 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 275007345 AFFORD. HSNG. MD N/A MHP PARKVIEW MANOR LLC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 821234215 AFFORD. HSNG. MD N/A SILVER SPRING LIBRARY RESIDENCES LP 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 461794725 AFFORD. HSNG. MD N/A MHP PARKVIEW TOWERS LP 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 461104322 AFFORD. HSNG. MD N/A MHP MAPLE TOWERS LLC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 263740805 AFFORD HOUSING MD N/A BEALL'S GRANT APARTMENTS LLC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 812194879 AFFORD. HSNG. MD N/A SILVER SPRING LIBRARY RESIDENCES GP LLC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 461794725 AFFORD. HSNG. MD N/A BGA MM LLC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 812217135 INV. IN PRTNS MD MHP INC C 1410 1.00000 1 MHP ART LLC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 821264009 INV. IN PRTNS MD MHP INC C 1415 1.00000 1 MHP BLAIR PARK APARTMENTS INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 522341500 INV. IN PRTNS MD MHP INC C 276003 1.00000 1 MHP EDH INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 274576093 INV. IN PRTNS MD MHP INC C 32416 1.00000 1 MHP GREENWOOD TERRACE INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 522341497 INV. IN PRTNS MD MHP INC C 82396 1.00000 1 MHP HALPINE INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 452601960 INV. IN PRTNS MD MHP INC C 357804 1.00000 1 MHP MAPLE TOWERS INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 274449147 INV. IN PRTNS MD MHP INC C 100270 1.00000 1 MHP PARKVIEW TOWERS INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 461093303 INV. IN PRTNS MD MHP INC C 2959028 1.00000 1 MHP PEMBRIDGE INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 331053892 INV. IN PRTNS MD MHP INC C 552643 1.00000 1 MHP TAKOMA INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 262700739 INV. IN PRTNS MD MHP INC C 50905 1.00000 1 MHP SSLR INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 464241655 INV. IN PRTNS MD MHP INC C 294337 1.00000 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1