MHANY MANAGEMENT INC Charity Report

Public IRS 990 nonprofit record

MHANY MANAGEMENT INC

EIN 72-1303737 · Housing Development, Construction & Management (L20)

What they do

PROVISION of RELIEF to THE POOR, DISTRESSED and UNDERPRIVILEGED of PUBLIC GOOD to LESSEN NEIGHBORHOOD TENSIONS, DETERIORATION and PREJUDICE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $98.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

98.3%of expenses went to mission work82.00% of revenue

$83.41spent for every $100 of revenueRevenue covered expenses this year.

1.7%of expenses went to management and office costs1.50% of revenue

$9.29in assets for every $1 spent this yearSome assets cannot be spent right away.

10.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $207,881 for NANDA WIN (CFO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100spent

Where each $100 of expenses went

The first percentage is the spending mix. The second compares that amount with the charity’s revenue.

Mission workProgram services98.3% of expenses82.00% of revenue

ManagementOffice and general costs1.7% of expenses1.50% of revenue

FundraisingAsking for donations0.0% of expenses

Total expenses83.40% of revenue

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202498.3% mission

202398.5% mission

202299.0% mission

202199.1% mission

202097.9% mission

201857.9% mission

201683.1% mission

Money in and money out

Revenue$7,916,611

Expenses$6,603,570

Annual surplus $1,313,041 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,488,245 · 98.3% of expenses

Management and office costs$115,325 · 1.7% of expenses

See all reported dollar amounts

Revenue$7,916,611

Expenses$6,603,570

Assets$61,365,192

Income$7,916,611

Contributions$838,686

Mission work (program services)$6,488,245

Grants given$709,414

Average grant$709,414

Management and general$115,325

Executive compensation (total)$193,462

Accounting fees$111,135

Investing fees$4,190

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

NANDA WINCFO · 40 hrs/week $207,881Base $186,572 · Other $21,309

CLAVEL A EDWARDSCO-FINANCE DIRECTOR · 40 hrs/week $153,226Base $136,391 · Other $16,835

OUAFAE CHAOUICO-FINANCE DIRECTOR · 40 hrs/week $153,225Base $136,928 · Other $16,297

NICHOLAS SIMMONSDIRECTOR OF CONSTRUCTION AND DEVELOPMENT · 40 hrs/week $139,360Base $120,651 · Other $18,709

ISMENE SPELIOTISEXECUTIVE DIRECTOR · 40 hrs/week $129,033Base $110,174 · Other $18,859

CECILIA M JOZADIRECTOR OF HOMEOWNERSHIP & COUNSELING PROGRAM · 40 hrs/week $128,500Base $108,902 · Other $19,598

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

NANDA WINCFO

CLAVEL A EDWARDSCO-FINANCE DIRECTOR

OUAFAE CHAOUICO-FINANCE DIRECTOR

NICHOLAS SIMMONSDIRECTOR OF CONSTRUCTION AND DEVELOPMENT

ISMENE SPELIOTISEXECUTIVE DIRECTOR

CECILIA M JOZADIRECTOR OF HOMEOWNERSHIP & COUNSELING PROGRAM

BERTHA LEWISMEMBER

CARMEN DE RIELMEMBER

DEREK OWENSPRESIDENT

JENNY PACHECOTREASURER

LORNA BLAKEMEMBER

MARTA TEJEDAMEMBER

NATALIE BROWNSECRETARY

ROLANDO PERDOMOMEMBER

VAUGHN ARMORMEMBER

About this charity

Recognized since: January 1996
Location: 470 VANDERBILT AVE 9TH FLOOR, BROOKLYN, NY 11238
County: Kings
In care of: ISMENE SPELIOTIS
Primary officer: ISMENE SPELIOTIS, EXECUTIVE DIRECTOR

How to reach them

Phone(718) 246-8080

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: COHNREZNICK ADVISORY LLC
NTEE classification: Housing Development, Construction & Management (L20)
IRS tax category: Housing Development, Construction & Management
Grant-giving organization: Yes