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Housing Preservation Corporation

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

EIN: 561736131 ✦ Greensboro, NC ✦ Designated as a 501(c)(3)

Overview

What is Housing Preservation Corporation?

Housing Preservation Corporation is a nonprofit organization based in Greensboro, North Carolina. Their primary focus is providing affordable housing solutions for low and very low-income individuals and families. They achieve this through their ownership of a C Corporation and general partner interests in various partnerships that manage apartment complexes. These partnerships offer housing opportunities, contributing positively to the community. The organization's mission is deeply rooted in ensuring that eligible individuals and families have access to affordable housing, thereby enhancing their living standards.


Is Housing Preservation Corporation legitimate?

Housing Preservation Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Preservation Corporation 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: $0

For more financial information, click here


What is the mission statement of Housing Preservation Corporation?
Who is the CEO of Housing Preservation Corporation?
What is the revenue of Housing Preservation Corporation?
Who are the executives of Housing Preservation Corporation and what are their salaries?
Where can I find the form 990 for Housing Preservation Corporation?

Mission Statement of Housing Preservation Corporation

Housing Preservation Corporation, as a nonprofit organization, is committed to providing affordable housing solutions for qualifying low-income individuals and families. With a strong focus on making housing accessible, the corporation holds general partner interests in several partnerships that operate apartment complexes, catering primarily to families with limited income and elderly individuals. Beyond these partnerships, Housing Preservation Corporation also owns the stock of a C corporation, which in turn holds a general partner interest in an affordable housing partnership. This multifaceted approach allows the organization to contribute significantly to the housing needs of those who require assistance, ensuring that they can reside in suitable living environments.

Impact

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




Sunday, August 4, 2024

Housing Preservation Corporation's impact lies in providing affordable housing to qualifying low and very low-income individuals and families. The organization holds general partner interests in several partnerships that operate apartment complexes renting to low and very low-income families and elderly individuals. Additionally, they wholly own the stock of a C corporation which holds a general partner interest in an affordable housing partnership. Through their mission to provide affordable housing, Housing Preservation Corporation plays a vital role in addressing the housing needs of underserved communities.





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: $122
  • Program Service Revenue: $3,045
  • Gross Receipts: $46,973

    • Assets and Liabilities:
  • Total Assets: $488,961
  • Total Liabilities: $0
  • Net Assets: $488,961
  • Programs

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

    MANAGEMENT FEES

    Revenue

    $3,045

    Organization Details

    Founding Year

    1991

    Principal Officer

    G Harris Brown

    Main Address

    PO BOX 26405, GREENSBORO, NC, 274046405

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Housing Preservation Corporation 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.