Skip to content
Nonprofiteer
← MAGNOLIA HOUSING INC

Form 990 for tax year 2022

Filed by MAGNOLIA HOUSING INC.

Totals

Total revenue
$1,153,999
Total expenses
$11,395,568
Contributions and grants received
$754,498
Grants paid
$8,226,331
Program service revenue
$305,320
Investment income
$233
Other revenue
$93,948
Total assets, end of year
$5,876,492
Total liabilities, end of year
$15,468,228
Net assets or fund balances, end of year
-$9,591,736
Program services expenses (Part IX)
$11,310,880
Management and general expenses
$84,688
Fundraising expenses
$0
Program service expenses (Part III)
$11,310,880

Program services were 99.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MARC WELLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ROBERT CUSTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TODD TRAVIS

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • PARK SHIRLINGTON MEMBER LLC

    AFFORDABLE HOUSING · MD · income $0 · assets $0

    Directly controlled by MAGNOLIA HOUSING INC

  • PENN HOUSE MM LLC

    AFFORDABLE HOUSING · MD · income $1,153,999 · assets $5,876,492

    Directly controlled by MAGNOLIA HOUSING INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • BISHOPS GARTH MM LLC

    C · AFFORDABLE HOUSING · MD · 100% owned · share of income -$17,094 · share of assets $1,159,022 · controlled entity

    Directly controlled by MAGNOLIA HOUSING INC

  • BROADMEADOW MM LLC

    C · AFFORDABLE HOUSING · MD · 100% owned · share of income -$20,338 · share of assets $1,633,354 · controlled entity

    Directly controlled by MAGNOLIA HOUSING INC

  • DELTA TERRACE MM LLC

    C · AFFORDABLE HOUSING · MD · 100% owned · share of income -$5,016 · share of assets $433,684 · controlled entity

    Directly controlled by MAGNOLIA HOUSING INC

  • FIELDCREST MM LLC

    C · AFFORDABLE HOUSING · MD · 100% owned · share of income -$3,987 · share of assets $270,432 · controlled entity

    Directly controlled by MAGNOLIA HOUSING INC

  • ROLLING HILLS MM LLC

    C · AFFORDABLE HOUSING · MD · 100% owned · share of income -$7,705 · share of assets $617,674 · controlled entity

    Directly controlled by MAGNOLIA HOUSING INC

  • SANDRIDGE HILLS MM LLC

    C · AFFORDABLE HOUSING · MD · 100% owned · share of income -$6,928 · share of assets $627,147 · controlled entity

    Directly controlled by MAGNOLIA HOUSING INC

  • ST PATRICK I MM LLC

    C · AFFORDABLE HOUSING · MD · 100% owned · share of income -$29,114 · share of assets $1,975,321 · controlled entity

    Directly controlled by MAGNOLIA HOUSING INC

  • TOWERS WEST MM LLC

    C · AFFORDABLE HOUSING · MD · 100% owned · share of income -$17,227 · share of assets $1,223,544 · controlled entity

    Directly controlled by MAGNOLIA HOUSING INC

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2025
IRS schema version
2022v5.0
Source object
202541359349315024

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.