Non-profit

Mutual Housing Association of New York, Inc. (MHANY)

Website:

www.mutualhousingny.org/

Location:

New York, NY

Tax ID:

11-2848938

Tax-Exempt Status:

501(c)(3)

Budget (2022):

Revenue: $358,676
Expenses: $9,640
Assets: $8,002,298

Type:

Housing operator nonprofit

Formation:

1988

Executive Director:

Ismene Speliotis

Budget (2023):

Revenues: $380,208

Expenses: $10,680

Assets: $8,281,165 4

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For the primary organization in the Mutual Housing Association of New York collection of nonprofits, see MHANY Management.

The Mutual Housing Association of New York, Inc. (MHANY) is a nonprofit housing management organization that was created in the 1980s after the defunct left-of-center ACORN network organized squatters on city-owned properties in New York City. 1 2

Background

In 1987, local government officials in New York City were pressured by ACORN into transferring title in 58 city-owned and squatter-occupied buildings to the ACORN Housing nonprofit, which became Mutual Housing Association of New York in 1988. 1

In 1996, MHANY created MHANY Management, Inc., a separate nonprofit that has been largely responsible for MHANY’s operations since 2016. 3

Financials

According to its 2023 990 form, the Mutual Housing Association of New York, Inc. (MHANY) reported a revenue of $380,208, expenses of $10,680, and assets: $8,281,165 4

References

  1. Erlanger, Steven. “New York Turns Squatters into Homeowners.” The New York Times, October 12, 1987. https://www.nytimes.com/1987/10/12/nyregion/new-york-turns-squatters-into-homeowners.html.
  2. “History.” MHANY Management. Accessed May 19, 2025. https://www.mutualhousingny.org/history.
  3. “Mhany Management Inc.” ProPublica Nonprofit Explorer. Accessed May 19, 2025. https://projects.propublica.org/nonprofits/organizations/721303737.
  4. “Mutual Housing Association of New York Inc.” ProPublica Nonprofit Explorer. Accessed May 19, 2025. https://projects.propublica.org/nonprofits/organizations/112848938.
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Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: October 1, 1988

  • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2022 Dec Form 990 $358,676 $9,640 $8,002,298 $90,661 N $0 $0 $358,676 $0 PDF
    2021 Dec Form 990 $338,374 $9,170 $7,643,622 $81,021 N $0 $0 $338,374 $0 PDF
    2020 Dec Form 990 $511,195 $28,048 $7,305,248 $71,851 N $0 $177,500 $333,695 $0
    2019 Dec Form 990 $134,931 $3,000 $6,971,553 $221,303 N $0 $0 $134,931 $0 PDF
    2019 Jun Form 990 $292,699 $10,187 $6,836,622 $218,303 N $0 $0 $292,699 $0 PDF
    2018 Jun Form 990 $277,078 $0 $6,535,908 $200,101 N $0 $0 $277,078 $0 PDF
    2017 Jun Form 990 $256,690 $31,107 $6,258,830 $200,101 N $0 $0 $256,690 $0 PDF
    2016 Jun Form 990 $349,227 $1,019,981 $6,454,894 $1,331,748 N $0 $730,495 $166,794 $0 PDF
    2015 Jun Form 990 $2,416,872 $2,481,827 $21,717,756 $15,923,856 N $143,950 $2,260,752 $0 $0 PDF
    2014 Jun Form 990 $2,425,328 $2,573,408 $21,369,100 $15,145,354 N $122,570 $2,300,330 $0 $0 PDF
    2013 Jun Form 990 $6,877,485 $2,640,212 $21,787,993 $15,416,167 N $0 $6,814,082 $0 $0 PDF
    2012 Jun Form 990 $2,188,059 $2,696,356 $22,396,600 $20,262,047 N $0 $2,042,403 $0 $0 PDF

    Additional Filings (PDFs)

    Mutual Housing Association of New York, Inc. (MHANY)

    470 VANDERBILT AVE 9TH FLOOR
    New York, NY 11238-2208