Mhhc Foundation Inc is a 501(c)(3) organization based in Bronx, New York, registered in 1987, with $1,967,654 in FY2023 revenue. CharityIndex grades it C, and it directs about 97% of spending to programs.
Revenue (FY2023)
$2.0M
▼ 14.1% vs prior year
Expenses (FY2023)
$15.5M
Net assets
$61.9M
Employees
0
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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. For Mhhc Foundation Inc: 97% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
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 Mhhc Foundation Inc: 48 mo reserves · -689% margin earns a F on this criterion. See the exact thresholds →
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. For Mhhc Foundation Inc: 3 of 6 checks met earns a C+ on this criterion. See the exact thresholds →
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 Mhhc Foundation Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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The foundation is a charitable organization dedicated to supporting the mission of the morris heights health center and funding initiatives designed to foster good health, social equality, and educational opportunity.
Revenue grew from $204K (FY2016) to $2.0M (FY2023) across 7 reported years.
Financial snapshot
Operating margin
-688.6%
Spent more than it raised in the latest fiscal year.
Total assets
$62.6M
Total liabilities
$663K
Net assets
$61.9M
Salaries & benefits
$0
0% of expenses
Board members
3
3 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,967,654▼14.1% | $15,517,434▲1031% | $61,932,597▼16.1% | $62,595,781▼15.7% | 990 |
| 2022 | $2,291,585▼96.7% | $1,372,505▲117% | $73,820,434▲0.6% | $74,280,167▲1.2% | 990 |
| 2021 | $69,412,819▲21115% | $631,329▲258% | $73,362,600▲2926% | $73,392,206▲1495% | 990 |
| 2020 | $327,187▼29.4% | $176,143▼45.3% | $2,424,148▲3.6% | $4,601,148▲3.5% | 990 |
| 2019 | $463,249▲13.9% | $322,245▼35.6% | $2,339,730▲6.0% | $4,445,353▼1.3% | 990 |
| 2018 | $406,619▲99.0% | $500,015▲93.5% | $2,208,130▼59.2% | $4,504,263▼24.0% | 990 |
| 2016 | $204,359 | $258,458▲42.6% | $5,407,069▲46.2% | $5,926,882▲52.4% | 990 |
| 2009 | — | $181,293 | $3,698,317 | $3,888,213 | 990 |
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.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Andre Vanterpool | Chairperson | 1 | — |
| Mari G Millet | Pres./ceo & Ex Officio | 1 | — |
| Ted Yu | Treasurer | 1 | — |
| Wanda Matos Taveras | Board Member | 1 | — |
3 grants to Mhhc Foundation Inc totaling $68.9M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morris Heights Health Center Inc | To support the organization's mission | 2021 | $68,850,000 |
| Health Insurance Plan of Greater New York | General support | 2019 | $5,400 |
| Morris Heights Health Center Inc | An unrestricted grant to further the donee's exempt purpose. | 2014 | $25,000 |
2 grants totaling $15.0M in FY2023. All grants made by Mhhc Foundation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Morris Heights Health Center Inc | Tp support the health center. | $15,000,000 |
| Array Enterprises Inc | Puchased turkey gift vouchers to distribute to community. | $29,800 |
Explore more
Data for Mhhc Foundation Inc (EIN 13-3276364) 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.