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

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

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At-A-Glance

Type: Non-profit, 501(c)(3)
Website: www.mutualhousingny.org
Formation:

1988

Executive Director:

Ismene Speliotis

Location: New York, NY View on map
Tax ID: 11-2848938
Most Recent Filing: 2024
Budget (2024): Assets: $7,676,978 Revenue: $404,112 Expenses: $1,120,640

Contents

    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

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $7,676,978 $404,112 $1,120,640 View
    2023 $8,382,506 $380,208 $10,680 View
    2022 $8,002,298 $358,676 $9,640 View
    2021 $7,643,622 $338,374 $9,170 View
    2020 $7,305,248 $511,195 $28,048 View

    Prior year filings: 2019, 2018, 2017, 2016, 2015, 2014, 2013, 2012

    Revenue Detail

    Expenses Detail

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $71,717
    • Number of Grants: 5
    • Number of Funders: 2

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $2,0002023 DE La Cour Family FoundationTo Help Fund the Recipients Operating Budget

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $1,109,640
    • Number of Grants: 1
    • Number of Recipients: 1

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $1,109,6402024 Mhany Management IncLOW INCOME HOUSING DEVELOPMENT

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    Financials, employee compensation, and grant information provided by Candid.

    Mentioned in this Article

    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.