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Preservation Housing Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 473111962 ✦ Saint paul, MN ✦ Designated as a 501(c)(3)

Overview

What is Preservation Housing Trust?

Preservation Housing Trust is a nonprofit organization situated in Saint Paul, Minnesota, with an address at 755 Selby Avenue Suite A, 55104. Their primary mission is to create, acquire, preserve, and rehabilitate affordable housing that fosters wellness and stability for families, seniors, and those facing challenges. They adhere to Section 221(D)(4) of the National Housing Act and Section 223(A)(7), and also receive Housing Assistance Payments to support residents in some of the units. This organization is dedicated to instilling respect for its residents while providing them with a stable living environment.


Official website here: www.preservationhousingtrust.org

Is Preservation Housing Trust legitimate?

Preservation Housing Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preservation Housing Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $194,471

For more financial information, click here


Official website here: www.preservationhousingtrust.org

What is the mission statement of Preservation Housing Trust?

The Preservation Housing Trust's mission is centered around creating and maintaining affordable housing for families, seniors, and individuals facing challenges. Their objective is to promote wellness and stability within these communities. They accomplish this by constructing, acquiring, preserving, and rehabilitating housing units. The trust instills respect for its residents as a key component of their work. They operate under Section 221(D)(4) of the National Housing Act and receive Housing Assistance Payments to support residents with a portion of their units.


Official website here: www.preservationhousingtrust.org

Who is the CEO of Preservation Housing Trust?

Shawn Huckleby is the Principal Officer of Preservation Housing Trust.


Official website here: www.preservationhousingtrust.org

What is the revenue of Preservation Housing Trust?

Preservation Housing Trust's revenue in 2022 was $967,636.


Official website here: www.preservationhousingtrust.org

Who are the executives of Preservation Housing Trust and what are their salaries?

Here are 6 key members and their salaries:

    Richard Hutsell (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $166,805
  • Other: $0

    • Shawn Huckelby (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stan Quy (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Loren Bruggemann (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Bower (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hans Hage (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.preservationhousingtrust.org

    Where can I find the form 990 for Preservation Housing Trust?

    The Preservation Housing Trust’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.preservationhousingtrust.org

    Learn more at the official website: www.preservationhousingtrust.org

    Mission Statement of Preservation Housing Trust

    Preservation Housing Trust, as a nonprofit organization, is committed to creating and building, acquiring, preserving, and rehabilitating affordable housing. This mission is designed to promote wellness and stability for families, seniors, and those who face challenges. The goal is to instill respect for the residents living in these properties. Preservation Housing Trust operates under Section 221(D)(4) of the National Housing Act, and they also receive Housing Assistance Payments to assist residents with a portion of their utility costs for certain units. This strategic approach allows Preservation Housing Trust to make a significant impact in the lives of those in need, ensuring they have access to safe and affordable housing.

    Impact

    This information is meant to be a general summary of Preservation Housing Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Preservation Housing Trust's impact lies in creating, building, acquiring, preserving, and rehabilitating affordable housing that promotes wellness and stability for families, seniors, and the challenged. Their work instills respect for residents and aims to provide a safe, secure, and affordable housing option for those in need. Through their efforts, they contribute to the overall well-being and stability of communities, ensuring that individuals and families have access to suitable housing options that meet their needs.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $413
  • Program Service Revenue: $963,723
  • Gross Receipts: $967,636

    • Assets and Liabilities:
  • Total Assets: $4,510,535
  • Total Liabilities: $2,527,197
  • Net Assets: $1,983,338
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL REVENUE

    Revenue

    $963,723

    Organization Details

    Founding Year

    2014

    Principal Officer

    Shawn Huckleby

    Main Address

    755 SELBY AVENUE SUITE A, SAINT PAUL, MN, 55104

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Preservation Housing Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.