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Nonprofit · EIN 72-1303737

MHANY MANAGEMENT INC

Tax-exempt · BROOKLYN, NY 11238

Financials

$9.5M$7.7M2023$7.9M$6.6M2024
Revenue Expenses · by fiscal year end
Financials of MHANY MANAGEMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,916,611$6,603,570$1,313,041$61,365,192$30,050,329$31,314,863
December 31, 2023990 (amended)$9,526,509$7,742,432$1,784,077$58,890,132$28,917,623$29,972,509
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$838,686
of which government grants
$652,575
Program service revenue
$6,648,565
Investment income
$363,008
Other revenue
$66,352

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$4,902,820
Salaries, compensation and benefits (total)
$5,461,566
Professional fundraising fees
$0
Legal fees
$45,250
Accounting fees
$111,135
Occupancy
$638,070
Travel
$4,691
Depreciation
$59,977
Program services (functional)
$6,488,245
Management and general (functional)
$115,325

Balance sheet and other

Total assets, start of year
$58,890,132
Total assets, end of year
$61,365,192
Total liabilities, end of year
$30,050,329
Net assets, end of year
$31,314,863
Land, buildings and equipment
$988,241
Net assets without donor restrictions
$31,314,863
Gross receipts
$7,916,611
Employees
87
Volunteers
9
Year formed
1995
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
NANDA WINCFO
Officer
40$186,572$21,309
CLAVEL A EDWARDSCO-FINANCE DIRECTOR
Highest-paid employee
40$136,391$16,835
OUAFAE CHAOUICO-FINANCE DIRECTOR
Highest-paid employee
40$136,928$16,297
NICHOLAS SIMMONSDIRECTOR OF CONSTRUCTION AND DEVELOPMENT
Highest-paid employee
40$120,651$18,709
ISMENE SPELIOTISEXECUTIVE DIRECTOR
Officer
40$110,174$18,859
CECILIA M JOZADIRECTOR OF HOMEOWNERSHIP & COUNSELING PROGRAM
Highest-paid employee
40$108,902$19,598
BERTHA LEWISMEMBER
Trustee or director
1$0$0
CARMEN DE RIELMEMBER
Trustee or director
1$0$0
DEREK OWENSPRESIDENT
Trustee or director, Officer
1$0$0
JENNY PACHECOTREASURER
Trustee or director, Officer
1$0$0
LORNA BLAKEMEMBER
Trustee or director
1$0$0
MARTA TEJEDAMEMBER
Trustee or director
1$0$0
NATALIE BROWNSECRETARY
Trustee or director, Officer
1$0$0
ROLANDO PERDOMOMEMBER
Trustee or director
1$0$0
VAUGHN ARMORMEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
ISMENE SPELIOTISEXECUTIVE DIRECTOR
Officer
40$106,037$14,264
MANDING S DARBOEFINANCE DIRECTOR
Officer
40$15,000$0
BERTHA LEWISMEMBER
Trustee or director
1$0$0
CARMEN DE RIELMEMBER
Trustee or director
1$0$0
DEREK OWENSPRESIDENT
Trustee or director, Officer
1$0$0
JENNY PACHECOTREASURER
Trustee or director, Officer
1$0$0
LORNA BLAKEMEMBER
Trustee or director
1$0$0
MARTA TEJEDAMEMBER
Trustee or director
1$0$0
NATALIE BROWNSECRETARY
Trustee or director, Officer
1$0$0
ROLANDO PERDOMOMEMBER
Trustee or director
1$0$0
VAUGHN ARMORMEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
470 VANDERBILT AVE 9TH FLOOR, BROOKLYN, NY 11238-2208
In care of
% HAZEL DASENT
Principal officer (990 for 2024)
ISMENE SPELIOTIS, 470 VANDERBILT AVE 9TH FLOOR, BROOKLYN, NY 11238
Signed the 990
ISMENE SPELIOTIS, EXECUTIVE DIRECTOR
Phone
(718) 246-8080
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

PROVISION OF RELIEF TO THE POOR, DISTRESSED AND UNDERPRIVILEGED OF PUBLIC GOOD TO LESSEN NEIGHBORHOOD TENSIONS, DETERIORATION AND PREJUDICE.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDING HOUSING TO LOW AND MODERATE INCOME RESIDENTS, CONDUCTING ACTIVITIES TO HALT DETERIORATION OF DISTRESSED AREAS IN NEW YORK CITY, DISSEMINATION OF INFORMATION AND TECHNICAL ASSISTANCE TO TARGETED RESIDENTS.
    Expenses $6,488,245 · revenue $6,714,917

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
72-1303737
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$61,365,192
Income (IRS master file)
$7,916,611

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$5,357,674$6,959,652$52,292,514IRS
990December 2022$5,058,922$5,265,168$37,929,584IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about MHANY MANAGEMENT INC

What is the EIN of MHANY MANAGEMENT INC?
The employer identification number (EIN) of MHANY MANAGEMENT INC is 72-1303737.
Is MHANY MANAGEMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to MHANY MANAGEMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MHANY MANAGEMENT INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MHANY MANAGEMENT INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MHANY MANAGEMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MHANY MANAGEMENT INC?
The 990 for the year ended December 31, 2024 names ISMENE SPELIOTIS.
Who are the officers and directors of MHANY MANAGEMENT INC?
The 990 for the year ended December 31, 2024 lists 15 people; 6 received compensation from the organization, the highest $186,572 (NANDA WIN, CFO).
How much revenue does MHANY MANAGEMENT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,916,611, expenses of $6,603,570 and total assets of $61,365,192 at year end.

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