NonprofitsMof-Preservation Of Affordability Corp

Housing & Shelter

Mof-Preservation Of Affordability Corp

CORDOVA, TN

Total revenue

$20.2M

Total expenses

$17.2M

Net assets

$897K

Grants received

$9.8M

1 grants

EIN

562444917

Tax year

2023

Mission

Develop and operate low-moderate income housing nationwide as a part of the parent's charitable outreach/social services plan

Financials

FY 2023

Revenue

Contributions & grants$9.8M
Program service revenue$10.3M
Investment income$147K
Other revenue
Total revenue$20.2M

Expenses

Grants paid
Salaries & benefits$1.7M
Fundraising
Other expenses$15.4M
Total expenses$17.2M
Total assets$56.4M
Net assets$897K

People

3 listed

NameRoleCompensation

RICHARD HAMLET

PRESIDENT

Board

25 hrs/wk

PHILIP ROBERTS

DIRECTOR

Board

1 hrs/wk

THOMAS STOVALL

DIRECTOR

Board

1 hrs/wk

Independent contractors

STEEG LAW FIRM

LEGAL

$102K

Grants received

Showing 1 of 1

FromAmountPurposeYear
$9.8M
MINISTRY SUPPORT
2023

Funded by

$9.8M from 1 funder · 1 grant · 2023

Ministry Outreach Foundation

$9.8M · 1 grant · 2023

Details

EIN562444917
NTEE codeL20
Subsection03
Ruling date2013-11
Formed2004
Employees0
Volunteers0
MOF-PRESERVATION OF AFFORDABILITY CORP — Mission, Financials & Grants Received | Grantivo