Public Charity

HOUSING PRESERVATION INC

HOUSING PRESERVATION INC, of MEMPHIS, TN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $9.9M in revenue, $6.7M in expenses, $53.9M in total assets. 14 publicly reported grants to this organization, totaling roughly $10.5M, appear in IRS filings.

EIN: 562409519 MEMPHIS, TN Latest filing: 2024
Total Revenue$9.9M
Total Expenses$6.7M
Total Assets$53.9M
Grant Records14
Funding Total$10.5M
Filing Years2019–2024

Mission

TO PROVIDE AFFORDABLE RESIDENTIAL RENTAL UNITS TO LOW INCOME INDIVIDUALS AND FAMILIES.

Officers & Directors

ACQUISITION ASSOCIATE David Bridgforth
PRESIDENT Eleanor White
ACQUISITION ASSOCIATE Gabriel Roark
KEY EMPLOYEE James Carmichael
ACQUISITION ASSOCIATE Jared Schepman
DIRECTOR Joshua Hammond

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL PURPOSE
$6,329,000 11 grants
GENERAL OPERATIONS
$2,366,000 1 grant
TO FURTHER AFFORDABLE HOUSING OPPORTUNITIES TO LOW-INCOME INDIVIDUALS AND FAMILIES.
$1,600,000 1 grant
GENERAL SUPPORT
$210,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $9.9M $6.7M $53.9M
2023 $7.7M $8.8M $40.9M
2022 $2.9M $6.5M $38.2M
2020 $9.9M $6.4M $43.3M
2019 $33.1M $5.3M $45.6M

Between 2019 and 2024, reported annual revenue declined from $33.1M to $9.9M (-70%), with total assets most recently reported at $53.9M.

Interactive year-over-year charts and full filing details available with membership.

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