M H C Development Company Inc
Only null% goes to programs Strong reserves Growing revenue
M H C Development Company Inc is a 501(c)(3) organization based in Alton, Illinois, registered in 1983, with $231,227 in FY2024 revenue. CharityIndex grades it C+.
120 Manor Ct, Alton, IL, 62002 EIN 37-1120291 Since 1983
Revenue (FY2024)
$231K
▲ 28.6% vs prior year
Housing median: $408K
Expenses (FY2024)
$207K
Net assets
$428K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for M H C Development Company Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating25 mo reserves · +10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For M H C Development Company Inc: 25 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for M H C Development Company Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For M H C Development Company Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 120 Manor Ct, Alton, IL, 62002
- City
- Alton
- State
- Illinois
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $131K (FY2009) to $231K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $42KNet assets $428K
Operating margin
10.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$470K
Total liabilities
$42K
Net assets
$428K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $231,227▲28.6% | $207,386▲10.0% | $428,039▲5.9% | $470,173▼0.1% | 990 |
| 2023 | $179,873▼1.5% | $188,561▼1.5% | $404,198▼2.1% | $470,749▼1.7% | 990 |
| 2022 | $182,682▲3.6% | $191,498▲11.4% | $412,886▼2.1% | $478,690▼1.0% | 990 |
| 2021 | $176,342▼1.2% | $171,963▲3.0% | $421,702▲1.0% | $483,596▲1.1% | 990 |
| 2020 | $178,495▲0.7% | $166,980▼5.3% | $417,323▲2.8% | $478,392▲2.8% | 990 |
| 2019 | $177,307▲7.9% | $176,356▲4.4% | $405,808▲0.2% | $465,377▲0.8% | 990 |
| 2018 | $164,293▲9.5% | $168,913▼13.5% | $404,856▼1.1% | $461,647▼6.7% | 990 |
| 2017 | $150,061▼20.5% | $195,378▲12.4% | $409,475▼10.0% | $494,905▼4.7% | 990 |
| 2016 | $188,736▲6.3% | $173,796▼20.4% | $454,792▲3.4% | $519,427▼6.4% | 990 |
| 2015 | $177,508 | $218,472▲49.8% | $439,852▼10.4% | $554,788▲1.4% | 990 |
| 2010 | — | $145,876▼3.2% | $490,733▼1.5% | $547,047▲0.9% | 990 |
| 2009 | $130,749 | $150,755 | $498,071 | $542,063 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is M H C Development Company Inc a legitimate nonprofit?
- Yes. M H C Development Company Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 37-1120291, based in Alton, Illinois. Donations are tax-deductible.
- What is M H C Development Company Inc's EIN?
- M H C Development Company Inc's Employer Identification Number (EIN) is 37-1120291.
- How much revenue does M H C Development Company Inc report?
- M H C Development Company Inc reported $231,227 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does M H C Development Company Inc have?
- CharityIndex grades M H C Development Company Inc C+, based on financial health (reserves and operating margin).
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Data for M H C Development Company Inc (EIN 37-1120291) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.