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Nonprofiteer
← NONPROFIT HOUSING PRESERVATIONS SB INC

Form 990 for tax year 2024

Filed by NONPROFIT HOUSING PRESERVATIONS SB INC.

Totals

Total revenue
$702,259
Total expenses
$0
Contributions and grants received
$750
Grants paid
$0
Program service revenue
$701,509
Investment income
$0
Other revenue
$0
Total assets, end of year
$14,630,703
Total liabilities, end of year
$750
Net assets or fund balances, end of year
$14,629,953
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $750

  • 2a · Program service revenue: INTEREST INCOME

    total $700,767 · related or exempt $700,767

  • 2b · Program service revenue: RENTAL REVENUE

    total $742 · related or exempt $742

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $23,741 · end of year $25,233

  • 7 · Other notes and loans receivable

    beginning of year $12,145,000 · end of year $12,145,000

  • 15 · Other assets

    beginning of year $1,759,703 · end of year $2,460,470

  • 17 · Accounts payable and accrued expenses

    beginning of year $750 · end of year $750

  • 27 · Net assets without donor restrictions

    beginning of year $13,927,694 · end of year $14,629,953

Mission and programs · 2024

Mission

TO PROVIDE FOR THE ACQUISITION, DEVELOPMENT, OWNERSHIP AND OPERATION OF AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES.

  • SELLER FINANCING FOR 308 UNIT APARTMENT COMPLEX PROVIDING HOUSING FOR LOW-INCOME INDIVIDUALS AND FAMILIES.

    Revenue $701,508

As filed on the 2024 return.

Listed in Part VII

  • JOHN CORBETT

    DIRECTOR, CEO

    Total calculated
    $0
    Hours/week
    0.1

  • HUGH JACOBS

    DIRECTOR, VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0.1

  • RICHARD F BURNS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • ERIC PRICE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
18 November 2025
IRS schema version
2024v5.2
Source object
202503229349302170

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