Nonprofit · EIN 82-1151483
PRESERVATION HOUSING INC
Tax-exempt · MOBILE, AL 36616
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $8,009,555 | $7,653,283 | $356,272 | $39,429,671 | $40,131,219 | -$701,548 |
| December 31, 2023 | 990 | $8,179,879 | $9,471,663 | -$1,291,784 | $40,441,323 | $41,044,555 | -$603,232 |
| December 31, 2022 | 990 | $15,150,293 | $11,523,997 | $3,626,296 | $41,583,416 | $40,987,318 | $596,098 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $8,009,555
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,136,838
- Salaries, compensation and benefits (total)
- $1,228,664
- Professional fundraising fees
- $0
- Legal fees
- $21,412
- Accounting fees
- $76,833
- Occupancy
- $1,276,137
- Travel
- $9,314
- Depreciation
- $1,442,063
- Program services (functional)
- $7,653,283
Balance sheet and other
- Total assets, start of year
- $40,441,323
- Total assets, end of year
- $39,429,671
- Total liabilities, end of year
- $40,131,219
- Net assets, end of year
- -$701,548
- Land, buildings and equipment
- $32,588,482
- Net assets without donor restrictions
- -$701,548
- Gross receipts
- $8,009,555
- Employees
- 0
- Year formed
- 2017
- State of legal domicile
- AL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN ANDERSON | TREASURER Trustee or director, Officer | – | $0 |
| PATRICK J COFFEY | PRESIDENT Trustee or director, Officer | – | $0 |
| KIM O FARMER | SECRETARY Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVEN ANDERSON | TREASURER Trustee or director, Officer | – | $0 |
| PATRICK J COFFEY | PRESIDENT Trustee or director, Officer | – | $0 |
| KIM O FARMER | SECRETARY Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2022: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATRICK J COFFEY | PRESIDENT Trustee or director, Officer | 4 | $0 |
| KIM O FARMER | SECRETARY Trustee or director, Officer | 2 | $0 |
| STEVEN ANDERSON | TREASURER Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 16506, MOBILE, AL 36616-0506
- Principal officer (990 for 2024)
- PATRICK J COFFEY, P O BOX 16506, MOBILE, AL 36616
- Signed the 990
- PATRICK J COFFEY, PRESIDENT
- Phone
- (251) 650-7337
- Return prepared by
- MCNORTON ISHEE & JONES PC
Mission
TO CREATE AND PRESERVE SAFE AND AFFORDABLE HOUSING COMMUNITIES FOR LOW AND MODERATE-INCOME INDIVIDUALS, FAMILIES, THE ELDERLY AND THE DISABLED AND TO PROVIDE SOCIAL AND EDUCATION SERVICES BENEFICIAL TO THE RESIDENTS IN THOSE COMMUNITIES.
Program accomplishments
- PROVIDED AFFORDABLE HOUSING FOR RESIDENTS OF APARTMENT COMMUNITIES LOCATED IN INDIANA AND TEXAS.Expenses $7,653,283 · revenue $8,009,555
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-1151483
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $39,429,671
- Income (IRS master file)
- $8,009,555
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $8,009,555 | $7,653,283 | $39,429,671 | XML |
| 990 | December 2023 | $8,179,879 | $9,471,663 | $40,441,323 | XML |
| 990 | December 2022 | $15,150,293 | $11,523,997 | $41,583,416 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-1151483).
Questions about PRESERVATION HOUSING INC
- What is the EIN of PRESERVATION HOUSING INC?
- The employer identification number (EIN) of PRESERVATION HOUSING INC is 82-1151483.
- Is PRESERVATION HOUSING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to PRESERVATION HOUSING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRESERVATION HOUSING INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PRESERVATION HOUSING INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRESERVATION HOUSING INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PRESERVATION HOUSING INC?
- The 990 for the year ended December 31, 2024 names PATRICK J COFFEY.
- Who are the officers and directors of PRESERVATION HOUSING INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does PRESERVATION HOUSING INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $8,009,555, expenses of $7,653,283 and total assets of $39,429,671 at year end.
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