2017-11-15T15:12:19-06:00 2016-12-31 COHNREZNICK LLP 7501 WISCONSIN AVENUE 400E BETHESDA MD 208146583 990 2016-01-01 521631939 MONTGOMERY HOUSING PARTNERSHIP INC % THE CORPORATION MONT 3016222400 12200 Tech Road Suite 250 SILVER SPRING MD 20904 ROBERT A GOLDMAN PRESIDENT 3016222400 2017-11-15 true CHERRIE HARRISON CPA P00733766 3016529100 2017-11-15 209.3.217.20 27324320173195000039 2017-11-15 P 1B89F7AF92761A7FB73382FF768AE81647E37ECC 1701950094D727780F0B2327CE069B04CAB57298 2016 2021-01-29 14:40:06Z Robert Goldma SAME AS ABOVE SILVER SPRING MD 20904 10643459 false 3335 X WWW.MHPARTNERS.ORG X 1989 MD THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROVIDE FOR LOW INCOME FAMILIES AFFORDABLE HOUSING 14 14 55 0 1561711 2204052 3993212 8137612 296020 301795 -58598 -50674 5792345 10592785 0 0 0 0 3159066 3049131 0 50674 700257 3234843 6698328 6393909 9798133 -601564 794652 36451108 38088464 18391121 18770886 18059987 19317578 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. false false 6934446 8137612 SEE SCHEDULE O 6934446 true true false false false false false false false true false false true true false false false false false false false false false true false false false false true false false false false false false false false false false false false true true false false false true 29 0 true 55 true false false false false false false false false false false X 14 14 false false false false false false false true true false true false true true true true true true true true false MD X THE CORPORATION 3016222400 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 EVAN GLASS vice chair 1.0 0.0 X X 0 0 0 cynthia bar board member 1.0 0.0 X 0 0 0 madiaw diop BOARD MEMBER 1.0 0.0 X 0 0 0 MARY SOKOLOWSKI treasuer 1.0 0.0 X X 0 0 0 lucille freeman board member 1.0 0.0 X 0 0 0 richard smith board member 1.0 0.0 X 0 0 0 paola moya secretary 1.0 0.0 X X 0 0 0 emmanuel jean-philippe board member 1.0 0.0 X 0 0 0 michael A Schlegel chair 1.0 0.0 X X 0 0 0 linda kelly board member 1.0 0.0 X 0 0 0 arminda lima-williams board member 1.0 0.0 X 0 0 0 lisa rother board member 0.0 0.0 X 0 0 0 wayne sherwood board member 0.0 0.0 X 0 0 0 john clarke board member 1.0 0.0 X 0 0 0 ROBERT A GOLDMAN PRESIDENT 35.0 5.0 X 212705 0 0 Jill Goodrich vice president 5.0 35.0 X 128966 0 0 ARTIE HARRIS VP real estate development 5.0 35.0 X 146662 0 0 mark meier cfo 35.0 5.0 X 143956 0 0 SULEMA MIDDLETON STEWART DIRECTOR OF COMMUNITY 35.0 5.0 X 118927 0 0 PRAJAKTA KASBEKAR SR. PROJECT MANAGER 35.0 5.0 X 115011 0 0 JIM MILLER SR. ASSET MANAGER 35.0 5.0 X 102476 0 0 ROCHELLE JOHNSON DIRECTOR OF FINANCE 35.0 5.0 X 105231 0 0 EVA DILLON DIRECTOR OF ADVANCEMENT 35.0 5.0 X 100987 0 0 1174921 0 0 9 false true false NONE NONE 0 59520 1104413 1040119 2204052 DEVELOPMENT FEES 531110 1285086 1285086 RESIDENT PROG. FEE 531110 266042 266042 OTHER INCOME 531110 81454 81454 ASSET AND INCENTIVE MANAGEMENT FEES 531110 3317463 3317463 RENTAL INCOME 531110 2996467 2996467 191100 191100 8137612 301795 301795 0 0 0 0 0 0 0 59520 50674 -50674 -59520 0 0 0 0 0 0 0 10592785 8137612 242275 0 0 0 0 0 3049131 1829479 914739 304913 0 0 0 142114 142114 0 0 0 50674 50674 0 0 0 0 0 0 628013 376808 188404 62801 0 0 0 1290704 1290704 0 514791 513903 667 221 115671 115175 343 153 OPERATING AND MAINTENANCE 627504 626026 1095 383 AMORTIZATION 361299 360676 468 155 TAXES 380536 380536 BANK CHARGES 3092 3092 2634604 1676469 677178 280957 9798133 6934446 2163430 700257 0 0 9634068 8298994 0 0 569838 312067 0 0 0 0 0 0 0 0 0 0 15684848 1507632 14512473 14177216 0 0 331851 332343 0 0 234545 131280 11168333 14836564 36451108 38088464 772878 917425 0 0 272916 83223 0 0 0 0 0 0 14332357 13369675 2918679 2624307 94291 1776256 18391121 18770886 X 15427291 16712421 75757 279606 2556939 2325551 18059987 19317578 36451108 38088464 X 794652 165693 297246 X false true true true true X 1262291 1365850 1891601 1561711 2204052 8285505 0 0 1262291 1365850 1891601 1561711 2204052 8285505 0 8285505 15862 706846 329828 296020 301795 1650351 0 0 9935856 23010551 0.83390 0.84293 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2824450 2824450 11863996 1249202 10614794 996402 258430 737972 14177216 INVESTMENT IN SUBSID. AND AFFI 11693960 RESTRICTED RESERVES 857550 DEVELOPMENT FEES RECEIVABLE 2222947 PREPAIDS 51843 CONSTRUCTION IN PROGRESS 10264 14836564 0 TENANT SECURITY DEPOSITS 93519 OTHER 1682737 1776256 X fin 48 disclosure 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, 2016. due to its tax exempt status, the origanization 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 financial statements do not reflect a provision for income taxes and the organization has no other tax provisions which must be considered for disclosure. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2012 remain open. golf event 59520 59520 50674 0 59520 59520 50674 50674 -50674 X X false false false false false false false false false ROBERT A GOLDMAN PRESIDENT 212705 212705 part III #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 home work 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. Operating an individual development account program which promotes homeownership for residents of the affiliated entities' rental properties through financial fitness workshops and matching funds to be used for down-payments to purchase their first home. part vi, section b, question 11 THE AUDIT COMMITTEE, REPRESENTING THE ORGANIZATION'S GOVERNING BODY, MEETS TO REVIEW THE FORM 990, AND APPROVES IT FOR FILING. part vi, section B, question 12 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. part vi, section B, question 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. part vi, section C, quesiton 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PART XI, line 9 OTHER CHANGES IN NET ASSETS: net change in assets of single member LLC's $62,771. FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:ADMINISTRATIVE EXPENSES TOTAL EXPENSES:341783 PROGRAM SERVICES:205070 MANAGEMENT AND GENERAL:102535 FUNDRAISING:34178 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:OTHER EXPENSES TOTAL EXPENSES:2458514 PROGRAM SERVICES:1471399 MANAGEMENT AND GENERAL:740336 FUNDRAISING:246779 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:IN KIND TOTAL EXPENSES:-165693 MANAGEMENT AND GENERAL:-165693 MHP Flower-Maple LLC 12200 Tech Road Suite 250 Silver Spring MD 20904 208818942 Afford. Hsng. MD -138800 4123449 NA MHP NORTH FREDERICK AVENUE LLC 12200 Tech Road Suite 250 Silver Spring MD 20904 461323360 Afford. Hsng. MD -19166 8735115 NA SILVER SPRING LIABRARY RESIDENCES GP LLC 2101 WISCONSIN AVE NW WASHINGTON DC 20007 611702230 AFF HOUSING MD NA MHP FOREST GLEN LLC 12200 Tech Road Suite 250 sliver spring MD 20904 810732500 Afford. Hsng. MD -415197 10006795 N/A MHP HILLBROOKE TOWERS LLC 12200 TECH ROAD SUITE 250 silver spring MD 20904 810718320 Afford. Hsng. MD -247109 5917669 N/A MHP HILLWOOD MANOR LLC 12200 Tech Road Suite 250 silver spring MD 20904 810718320 Afford. Hsng. MD -450817 7981172 N/A MHP Town Centre Inc 12200 Tech Road Suite 250 Silver Spring MD 20904 521799708 Afford. Hsng. MD 501(c)(3) 509(a)(3) mhp true MHP DRHC Inc 12200 Tech Road Suite 250 Silver Spring MD 20904 141855665 Afford. Hsng. MD 501(c)(3) 509(a)(3) mhp true MHP Scattered Site Inc 12200 Tech Road Suite 250 Silver Spring MD 20904 521797072 Afford. Hsng. MD 501(c)(3) 509(a)(3) mhp true MHP EDINBURGH HOUSE INC 12200 Tech Road Suite 250 Silver Spring MD 20904 521937891 Afford. Hsng. MD 501(c)(3) 509(a)(3) mhp true MHP Landing's Edge Inc 12200 Tech Road Suite 250 Silver Spring MD 20904 522063810 Afford. Hsng. MD 501(c)(3) 509(a)(3) mhp true MHP BEALLS INC 12200 TECH ROAD SUITE 250 SILVER SPRING MD 20904 205038795 AFFORD. HSNG. MD 501(c)(3) 509(a)(3) mhp true MHP Parkview Towers LLC 12200 Tech Road Suite 250 Silver Spring MD 20904 244112313 Afford Housin MD 501(c)(3) 509(a)(3) mhp true MHP 610-614 SSA LLC 12200 Tech Road Suite 250 Silver Spring MD 20904 454028133 afford housin MD 501(c)(3) 509(a)(3) mhp true MHP GREAT HOPE HOMES INC 12200 TECH ROAD SUITE 250 silver spring MD 20914 522298864 Afford. Hsng. MD 501(C)(3) 509(A)(3) mhp inc false Pembridge Square Apartments LP 12200 Tech Road Suite 250 Silver Spring MD 20904 770597583 Afford. Hsng. MD MHP INC false 0 Greenwood Terrace Apartments LP 12200 Tech Road Suite 250 Silver Spring MD 20904 522341499 Affod. Hsng. MD MHP INC false 0 Great Hope Homes 2001 LP 12200 Tech Road Suite 250 Silver Spring MD 20904 522320420 Afford. Hsng. MD MHP INC false 0 Blair Park Apartments LP 12200 Tech Road Suite 250 Silver Spring MD 20904 522341501 Afford. Hsng. 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