NonprofitsMchi Affordable Acquisitions Inc

Housing & Shelter

Mchi Affordable Acquisitions Inc

SALINAS, CA

Total revenue

$1.2M

Total expenses

$665K

Net assets

$21.6M

Grants received

EIN

770500020

Tax year

2023

Mission

The entity is established to support an affiliate by engaging in the acquisition, rehabilitation, operations, maintenance and repair of affordable housing facilities. 48 apartment units are made available to low income people through rental subsidy provided.

Financials

FY 2023

Revenue

Contributions & grants$428K
Program service revenue$822K
Investment income
Other revenue
Total revenue$1.2M

Expenses

Grants paid
Salaries & benefits$8K
Fundraising
Other expenses$657K
Total expenses$665K
Total assets$21.8M
Net assets$21.6M

People

6 listed

NameRoleCompensation

JOHN ROSE

COMMUNITY DIRECTOR

Board

$10K

1 hrs/wk

DENNISE HARRISON

SECRETARY/ TREASURER

Board

1 hrs/wk

NANCY LLOYD

PRESIDENT

Board

1 hrs/wk

BRIELLE BUMBA

VICE PRESIDENT

Board

1 hrs/wk

JESSICA ROMERO

COMMUNITY DIRECTOR

Board

1 hrs/wk

BARBARA MULHOLLAND

COMMUNITY DIRECTOR

Board

1 hrs/wk

Details

EIN770500020
NTEE codeL200
Subsection03
Ruling date1999-02
Formed1999
Employees1
Volunteers0
MCHI AFFORDABLE ACQUISITIONS INC — Mission, Financials & Grants Received | Grantivo