NonprofitsHousing Preservation Inc

Human Services

Housing Preservation Inc

MEMPHIS, TN

Total revenue

$9.9M

Total expenses

$6.7M

Net assets

$30.3M

Grants received

$10.5M

14 grants

EIN

562409519

Tax year

2024

Mission

To provide affordable residential rental units to low income individuals and families.

Financials

FY 2024

Revenue

Contributions & grants$6.5M
Program service revenue$2.8M
Investment income$435K
Other revenue$220K
Total revenue$9.9M

Expenses

Grants paid$126K
Salaries & benefits$2.1M
Fundraising
Other expenses$4.5M
Total expenses$6.7M
Total assets$53.9M
Net assets$30.3M

People

12 listed

NameRoleCompensation

ELEANOR WHITE

PRESIDENT

Board

$30K

5 hrs/wk

MARK SEGAL

FORMER DIRECTOR

Board

$3K

5 hrs/wk

ROBERT F COOK

DIRECTOR

Board

$3K

5 hrs/wk

JOSHUA HAMMOND

DIRECTOR

Board

$3K

5 hrs/wk

PATRICK SHEA

DIRECTOR

Board

$3K

5 hrs/wk

LAWSON STRINGER

DIRECTOR

Board

5 hrs/wk

JAMES CARMICHAEL

KEY EMPLOYEE

Staff

$350K

30 hrs/wk

OLIVER HAYNES

ACQUISITION MANAGER

Staff

$342K

40 hrs/wk

DAVID BRIDGFORTH

ACQUISITION ASSOCIATE

Staff

$228K

40 hrs/wk

JARED SCHEPMAN

ACQUISITION ASSOCIATE

Staff

$207K

40 hrs/wk

GABRIEL ROARK

ACQUISITION ASSOCIATE

Staff

$202K

40 hrs/wk

STUART JOHNSON

ACQUISITION ASSOCIATE

Staff

$173K

40 hrs/wk

Independent contractors

SILVER TREE RESIDENTIAL

MANAGEMENT AND BOOKKEEPING FEES

$265K

HD SUPPLY FACILITIES MAINTENANCE

BUILDING SUPPLIES AND INSTALLATION

$102K

Grants received

Showing 14 of 14

FromAmountPurposeYear
$693K
GENERAL PURPOSE
2024
$526K
GENERAL PURPOSE
2024
$434K
GENERAL PURPOSE
2024
$366K
GENERAL PURPOSE
2024
$340K
GENERAL PURPOSE
2024
$666K
GENERAL PURPOSE
2023
$524K
GENERAL PURPOSE
2023
$210K
GENERAL SUPPORT
2023
$105K
GENERAL PURPOSE
2023
$65K
GENERAL PURPOSE
2023
$1.6M
TO FURTHER AFFORDABLE HOUSING OPPORTUNITIES TO LOW-INCOME INDIVIDUALS AND FAMILIES.
2022
$2.4M
GENERAL OPERATIONS
2020

Funded by

$10.5M from 13 funders · 14 grants · 2020–2024

First Baptist Housing Of Bridgeport

$2.4M · 1 grant · 2020

Bromont Housing Corporation

$1.9M · 2 grants · 2022–2024

Amherst Ridge Senior Apartments Inc

$693K · 1 grant · 2024

Disciples Center Ii Inc

$666K · 1 grant · 2023

St Clair Villa Inc

$526K · 1 grant · 2024

Disciples Center Inc

$524K · 1 grant · 2023

Details

EIN562409519
NTEE codeP20
Subsection03
Ruling date2004-02
Formed2003
Employees17
Volunteers0
HOUSING PRESERVATION INC — Mission, Financials & Grants Received | Grantivo