Public Charity

MOF - PRESERVATION OF AFFORDABILITY CORP

MOF - PRESERVATION OF AFFORDABILITY CORP is a Public Charity headquartered in CORDOVA, TN. Financial data from the 2024 filing: $7.2M revenue, $12.4M expenses, $36.5M total assets. 2 publicly reported grants to this organization, totaling roughly $12.9M, appear in IRS filings.

EIN: 562444917 CORDOVA, TN Latest filing: 2024
Total Revenue$7.2M
Total Expenses$12.4M
Total Assets$36.5M
Grant Records2
Funding Total$12.9M
Filing Years2020–2024

Mission

DEVELOP AND OPERATE LOW-MODERATE INCOME HOUSING NATIONWIDE AS A PART OF THE PARENT'S CHARITABLE OUTREACH/SOCIAL SERVICES PLAN

Officers & Directors

DIRECTOR Philip Roberts
PRESIDENT Richard Hamlet
DIRECTOR Thomas Stovall

Officer compensation and complete director data available with membership.

Top Grant Purposes

MINISTRY SUPPORT
$12,871,200 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $7.2M $12.4M $36.5M
2023 $20.2M $17.2M $56.4M
2022 $59.4M $15.7M $52.9M
2021 $61.5M $49.8M $98.7M
2020 $49.1M $56.7M $164.3M

Between 2020 and 2024, reported annual revenue declined from $49.1M to $7.2M (-85%), with total assets most recently reported at $36.5M.

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

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