Mission
TO CREATE AND PRESERVE AFFORDABLE HOUSING THROUGH THE INVESTMENT, CONSTRUCTION OR ACQUISITION AND REHABILITATION OF MULTIFAMILY RESIDENTIAL REAL ESTATE FOR VERY LOW THROUGH MODERATE INCOME TENANTS.
Public Charity
PRESERVATION HOUSING PARTNERS
PRESERVATION HOUSING PARTNERS, of BLOOMFIELD HILLS, MI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $6.2M in revenue, $4.0M in expenses, $23.0M in total assets.
EIN: 203708317
BLOOMFIELD HILLS, MI
Low-Income & Subsidized Rental Housing
NTEE: L21
Latest filing: 2024
Total Revenue$6.2M
Total Expenses$4.0M
Total Assets$23.0M
Grant Records0
Filing Years2019–2024
Where $100 goes at Preservation Housing Partners
How Preservation Housing Partners divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$71
Programs
the work itself
$29
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $71 for programs
$71
The corporation was formed on october 24, 2005 under section 501(c)(3) of the internal revenue code
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
DIRECTOR
Daniel Angeli
DIRECTOR
Michael Jepsen
SECRETARY
Michael Mulligan
TREASURER
Michael S Diedrich
ASSET MANAGER
Robert G Diedrich
PRESIDENT
Robert S Diedrich
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $6.2M | $4.0M | $23.0M |
| 2023 | $3.2M | $3.5M | $17.3M |
| 2022 | $2.9M | $3.1M | $17.7M |
| 2020 | $3.4M | $3.7M | $19.8M |
| 2019 | $3.1M | $3.8M | $21.2M |
Between 2019 and 2024, reported annual revenue grew from $3.1M to $6.2M (+102%), with total assets most recently reported at $23.0M.
Interactive year-over-year charts and full filing details available with membership.