Preservation Of Affordable Housing Inc

Boston, MA
Tax-exempt since Jan. 1999
EIN: 31-1616634

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter / Housing Rehabilitation (NTEE)

Donations to this organization are tax deductible.

Revenue

$148M (2022)

Expenses

$105M (2022)

Total Assets

$669M (2022)

Total Liabilities

$366M (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

Form 990 documents are not available for this tax period, but audit documents are available for download.

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2022

Revenue

$148,472,316

Expenses

$104,649,164

Net Income

$43,823,152

Net Assets

$302,169,093

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$16,163,823	10.9%
Program Services	$117,733,118	79.3%
Investment Income	$8,915,268	6.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$5,618,311	3.8%
Net Inventory Sales	$0
Other Revenue	$41,796	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,555,808	2.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$36,533,820	34.9%

Assets/Debt
Total Assets	$668,508,423
Total Liabilities	$366,339,330
Net Assets	$302,169,093

Compensation

Key Employees and Officers	Compensation	Related	Other
Aaron Gornstein (President & Ceo)	$488,895	$0	$27,343
Rochelle Beeks (President Of Poahc)	$406,810	$0	$30,436
Rodger Brown (Managing Dir., Real Estate)	$362,484	$0	$31,090
Judith Jacobson (Mgr Dir, General Counsel)	$301,770	$0	$10,797
Allison Adduci (Treasurer, Managing Director, Cfo)	$295,229	$0	$8,344
Randy Parker (Former Treasurer)	$280,438	$0	$22,658
Dena Xifaras (Senior Vp, Ownership & Op.)	$273,941	$0	$33,359
Cory Mian (Senior Vp, Development)	$264,282	$0	$10,179
Maia Shanklin Roberts (Vice President, Real Estate Development, Mid Atlan)	$262,701	$0	$7,641
Andrew Spofford (Secretary, Chief Of Staff)	$253,019	$0	$10,995
Julie Creamer (Senior Vp, Acquisitions)	$248,847	$0	$9,238
William Eager (Senior Vp, Chicago)	$239,668	$0	$31,690
Ramon Jacobson (Director)	$5,500	$0	$0
William Towns (Director)	$5,500	$0	$0
Tobin Levy (Former Director)	$4,500	$0	$0
Doriane Miller (Director)	$4,000	$0	$0
Ana Gelabert Sanchez (Director)	$3,500	$0	$0
Elizabeth A Blume (Director)	$2,500	$0	$0
Georgia Murray (Director)	$0	$0	$0
Jenny Netzer (Director)	$0	$0	$0
Joe Flatley (Director)	$0	$0	$0
Mark Snyderman (Director)	$0	$0	$0
Printice Gary (Director)	$0	$0	$0

+ View more people

990

Filed on Nov. 15, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2021

Revenue

$179,190,346

Expenses

$108,485,924

Net Income

$70,704,422

Net Assets

$256,108,913

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$17,543,972	9.8%
Program Services	$143,808,998	80.3%
Investment Income	$6,337,672	3.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$11,426,924	6.4%
Net Inventory Sales	$0
Other Revenue	$72,780	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,217,989	2.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$33,850,255	31.2%

Assets/Debt
Total Assets	$607,140,967
Total Liabilities	$351,032,054
Net Assets	$256,108,913

Compensation

Key Employees and Officers	Compensation	Related	Other
Aaron Gornstein (President & Ceo)	$452,700	$0	$29,363
Rochelle Beeks (President Of Poahc)	$386,067	$0	$29,570
Rodger Brown (Managing Dir., Real Estate)	$349,829	$0	$25,730
Randy Parker (Treasurer, Mgr Dir & Cfo)	$337,169	$0	$24,720
Judith Jacobson (Mgr Dir, General Counsel)	$288,298	$0	$10,592
Dena Xifaras (Senior Vp, Ownership & Op.)	$262,999	$0	$31,196
Cory Mian (Senior Vp, Development)	$252,999	$0	$9,750
Terri Powell Rands (Coo Of Poahc)	$249,292	$0	$35,855
Andrew Spofford (Secretary, Chief Of Staff)	$243,587	$0	$10,364
Julie Creamer (Senior Vp, Acquisitions)	$239,595	$0	$29,914
William Eager (Senior Vp, Chicago)	$228,872	$0	$35,533
Estelle Richman (Director)	$5,500	$0	$0
Tobin Levy (Director)	$5,500	$0	$0
William Towns (Director)	$5,500	$0	$0
Ana Gelabert Sanchez (Director)	$5,500	$0	$0
Elizabeth A Blume (Director)	$5,500	$0	$0
Doriane Miller (Director)	$2,500	$0	$0
Georgia Murray (Director)	$0	$0	$0
Mark Goldhaber (Director)	$0	$0	$0
Mark Snyderman (Director)	$0	$0	$0
Printice Gary (Director)	$0	$0	$0
Jenny Netzer (Director)	$0	$0	$0

+ View more people

990

Filed on Nov. 14, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2020

Revenue

$79,483,292

Expenses

$79,535,205

Net Income

-$51,913

Net Assets

$190,506,867

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$3,186,893	4.0%
Program Services	$68,882,218	86.7%
Investment Income	$5,604,584	7.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,488,888	1.9%
Net Inventory Sales	$0
Other Revenue	$320,709	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,127,974	2.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$30,341,343	38.1%

Assets/Debt
Total Assets	$426,409,904
Total Liabilities	$235,903,037
Net Assets	$190,506,867

Compensation

Key Employees and Officers	Compensation	Related	Other
Aaron Gornstein (President & Ceo)	$417,000	$0	$29,532
Rochelle Beeks (President Of Poahc)	$350,047	$0	$19,963
Rodger Brown (Managing Dir., Real Estate)	$335,664	$0	$27,791
Randy Parker (Treasurer, Manag. Dir & Cf)	$322,119	$0	$32,499
Judith Jacobson (Mgr Dir, General Counsel)	$272,640	$0	$11,055
Dena Xifaras (Senior Vp, Ownership & Op.)	$245,504	$0	$30,577
Andrew Spofford (Secretary, Chief Of Staff)	$240,834	$0	$10,588
Cory Mian (Senior Vp, Development)	$240,504	$0	$9,278
Julie Creamer (Senior Vp, Acquisitions)	$225,700	$0	$29,801
William Eager (Senior Vp, Chicago)	$218,500	$0	$35,330
Terri Powell Rands (Coo Of Poahc)	$216,602	$0	$20,519
Patricia Belden (Outgoing President Of Poahc)	$161,170	$0	$11,439
Reese Fayde (Director)	$5,500	$0	$0
Estelle Richman (Director)	$5,000	$0	$0
William Towns (Director)	$5,000	$0	$0
Damon Smith (Director)	$4,500	$0	$0
William Apgar (Director)	$4,500	$0	$0
Tobin Levy (Director)	$4,000	$0	$0
Georgia Murray (Director)	$0	$0	$0
Mark Goldhaber (Director)	$0	$0	$0
Mark Snyderman (Director)	$0	$0	$0
Printice Gary (Director)	$0	$0	$0

+ View more people

990

Filed on Nov. 12, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2019

Revenue

$78,311,476

Expenses

$65,418,348

Net Income

$12,893,128

Net Assets

$188,967,020

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$5,611,604	7.2%
Program Services	$68,917,132	88.0%
Investment Income	$3,403,423	4.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$371,332	0.5%
Net Inventory Sales	$0
Other Revenue	$7,985	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,935,555	3.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$29,154,800	44.6%

Assets/Debt
Total Assets	$388,035,997
Total Liabilities	$199,068,977
Net Assets	$188,967,020

Compensation

Key Employees and Officers	Compensation	Related	Other
Aaron Gornstein (President & Ceo)	$417,520	$0	$28,796
Patricia Belden (President Of Poahc)	$361,640	$0	$33,288
Rodger Brown (Managing Dir., Real Estate)	$327,517	$0	$28,562
Randy Parker (Treasurer, Manag. Dir & Cfo)	$316,258	$0	$31,723
Rochelle Beeks (Coo Of Poahc)	$308,487	$0	$20,092
Judith Jacobson (Mgr Dir, General Counsel)	$265,320	$0	$10,558
Dena Xifaras (Senior Vp, Ownership & Op.)	$239,052	$0	$29,743
Cory Mian (Senior Vp, Development)	$236,552	$0	$9,462
Andrew Spofford (Secretary, Chief Of Staff)	$228,800	$0	$6,931
Julie Creamer (Senior Vp, Acquisitions)	$222,850	$0	$29,437
William Eager (Senior Vp, Chicago)	$214,415	$0	$34,212
Reese Fayde (Director)	$4,500	$0	$0
William Apgar (Director)	$4,500	$0	$0
William Towns (Director)	$3,500	$0	$0
Estelle Richman (Director)	$3,000	$0	$0
Tobin Levy (Director)	$3,000	$0	$0
Damon Smith (Director)	$0	$0	$0
Georgia Murray (Director)	$0	$0	$0
Jarrett Barrios (Outgoing Director)	$0	$0	$0
Mark Goldhaber (Director)	$0	$0	$0
Mark Snyderman (Director)	$0	$0	$0
Printice Gary (Director)	$0	$0	$0

+ View more people

990

Filed on Nov. 12, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2018

Revenue

$68,336,137

Expenses

$58,698,616

Net Income

$9,637,521

Net Assets

$182,528,295

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$4,073,313	6.0%
Program Services	$59,330,903	86.8%
Investment Income	$1,950,729	2.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,965,774	4.3%
Net Inventory Sales	$0
Other Revenue	$15,418	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,909,077	3.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$26,254,692	44.7%

Assets/Debt
Total Assets	$300,565,196
Total Liabilities	$118,036,901
Net Assets	$182,528,295

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Aaron Gornstein (President & Ceo)	$422,000	$0	$27,771
Patricia Belden (President Of Poahc)	$364,407	$0	$31,236
Rodger Brown (Managing Dir., Real Estate)	$317,420	$0	$28,843
Randy Parker (Treasurer, Manag. Dir & Cfo)	$308,649	$0	$30,595
Rochelle Beeks (Coo Of Poahc)	$308,085	$0	$23,262
Dena Xifaras (Senior Vp, Ownership & Op.)	$231,300	$0	$28,518
Cory Mian (Senior Vp, Development)	$228,800	$0	$9,152
Brad Blake (Vp, Info Tech)	$208,600	$0	$6,770
William Eager (Vp, Chicago)	$205,575	$0	$32,646
W Bart Lloyd (Outgoing Manag. Dir. Acq & Gen. Cou Until 6/30/18)	$200,633	$0	$15,476
Andrew Spofford (Secretary)	$182,000	$0	$6,759
Judith Jacobson (Mgr Dir, General Counsel)	$82,968	$0	$0
Estelle Richman (Director)	$6,000	$0	$0
Reese Fayde (Director)	$6,000	$0	$0
Tobin Levy (Director)	$6,000	$0	$0
William Towns (Director)	$5,500	$0	$0
William Apgar (Director)	$4,500	$0	$0
Jarrett Barrios (Director)	$3,000	$0	$0
Georgia Murray (Director)	$0	$0	$0
Herbert Morse (Outgoing Director)	$0	$0	$0
Mark Goldhaber (Director)	$0	$0	$0
Mark Snyderman (Director)	$0	$0	$0
Printice Gary (Director)	$0	$0	$0

+ View more people

990

Filed on Nov. 14, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2017

Revenue

$71,537,739

Expenses

$52,802,513

Net Income

$18,735,226

Net Assets

$171,712,074

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$17,149,673	24.0%
Program Services	$48,950,937	68.4%
Investment Income	$4,210,291	5.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$753,533	1.1%
Net Inventory Sales	$0
Other Revenue	$473,305	0.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,866,388	3.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$22,366,441	42.4%

Assets/Debt
Total Assets	$264,266,227
Total Liabilities	$92,554,153
Net Assets	$171,712,074

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Aaron Gornstein (President & Ceo)	$361,601	$0	$23,201
Patricia Belden (President Of Poahc)	$353,752	$0	$30,514
W Bart Lloyd (Manag. Dir. Acq & Gen. Cou)	$343,069	$0	$28,580
Rodger Brown (Managing Dir., Real Estate)	$308,616	$0	$25,597
Randy Parker (Treasurer, Manag. Dir & Cfo)	$292,242	$0	$26,649
Rochelle Beeks (Coo Of Poahc)	$289,558	$0	$22,344
Dena Xifaras (Senior Vp, Ownership & Op.)	$218,221	$0	$27,119
Cory Mian (Senior Vp, Development)	$217,381	$0	$8,695
Brad Blake (Vp, Info Tech)	$201,261	$0	$6,474
Anthony Waddell (Vp, Development Mid Atlantic)	$201,200	$0	$7,753
Andrew Spofford (Secretary)	$168,108	$0	$7,038
Laura Vennard (Treasurer & Cfo Until 2/1/17)	$82,926	$0	$5,528
Tobin Levy (Director)	$7,000	$0	$0
Georgia Murray (Director)	$6,500	$0	$0
Estelle Richman (Director)	$6,000	$0	$0
Reese Fayde (Director)	$6,000	$0	$0
William Apgar (Director)	$6,000	$0	$0
Jarrett Barrios (Director)	$4,500	$0	$0
William Towns (Director)	$3,000	$0	$0
Herbert Morse (Director)	$0	$0	$0
Mark Goldhaber (Director)	$0	$0	$0
Mark Snyderman (Director)	$0	$0	$0
Printice Gary (Director)	$0	$0	$0

+ View more people

990

Filed on Nov. 15, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2016

Revenue

$55,974,122

Expenses

$40,380,590

Net Income

$15,593,532

Net Assets

$160,678,345

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$8,137,554	14.5%
Program Services	$44,887,356	80.2%
Investment Income	$2,949,212	5.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,774,922	4.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$20,362,526	50.4%

Assets/Debt
Total Assets	$189,024,832
Total Liabilities	$28,346,487
Net Assets	$160,678,345

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Patricia Belden (President Of Poahc)	$340,741	$0	$29,246
W Bart Lloyd (Manag. Dir. Acq & Gen. Counsel)	$332,825	$0	$21,124
Laura Vennard (Treasurer, Manag. Dir & Cfo)	$322,016	$0	$17,375
Rodger Brown (Managing Dir., Real Estate Dev)	$299,720	$0	$28,716
Aaron Gornstein (President & Ceo)	$280,800	$0	$21,848
Rochelle Beeks (Coo Of Poahc)	$274,948	$0	$21,255
Dena Xifaras (Vp O Wnership & Operations)	$212,264	$0	$24,121
Cory Mian (Vice President, Development)	$205,179	$0	$6,556
William Eager (Vice President, Chicago)	$195,248	$0	$28,641
Brad Blake (Vice President, Info Tech)	$193,209	$0	$5,308
Andrew Spofford (Secretary, Chief Of Staff)	$158,052	$0	$6,102
T Obin Levy (Director)	$7,000	$0	$0
Georgia Murray (Director)	$7,000	$0	$0
Herbert Morse (Director)	$6,500	$0	$0
William Apgar (Director)	$6,000	$0	$0
Estelle Richman (Director)	$5,000	$0	$0
Reese Fayde (Director)	$4,500	$0	$0
Jarrett Barrios (Director)	$3,000	$0	$0
Mark Goldhaber (Director)	$1,500	$0	$0
Mark Snyderman (Director)	$0	$0	$0

+ View more people

990

Filed on Nov. 14, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2015

Revenue

$38,514,806

Expenses

$32,414,639

Net Income

$6,100,167

Net Assets

$143,027,710

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$5,779,648	15.0%
Program Services	$29,321,033	76.1%
Investment Income	$3,414,125	8.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,787,242	5.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$19,271,800	59.5%

Assets/Debt
Total Assets	$169,073,662
Total Liabilities	$26,045,952
Net Assets	$143,027,710

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Patricia Belden (Coo/President Of Poahc)	$334,807	$0	$24,805
W Bart Lloyd (Manag. Dir. Acq & Gen. Counsel)	$316,453	$0	$19,513
Laura Vennard (Treasurer, Manag. Dir & Cfo)	$308,090	$0	$16,415
Rodger Brown (Managing Dir., Real Estate Dev)	$284,757	$0	$21,776
Rochelle Beeks (Coo Of Poahc)	$272,760	$0	$18,194
Jeanne Taylor (Cfo Of Poahc)	$257,294	$0	$17,469
Dena Xifaras (Vp Asset Management)	$200,157	$0	$22,517
Cory Mian (Vice President, Development)	$199,412	$0	$21,160
Charles Adams (Senior Project Manager)	$185,200	$0	$14,793
Amy Anthony (President, Termed 06/10/15)	$184,596	$0	$17,246
Aaron Gornstein (President, As Of 6/11/15)	$177,083	$0	$7,681
Andrew Spofford (Secretary)	$139,456	$0	$15,440
Toby Levy (Director)	$6,500	$0	$0
Georgia Murray (Director)	$6,500	$0	$0
Mark Goldhaber (Director)	$6,000	$0	$0
Reese Fayde (Director)	$5,500	$0	$0
Herbert Morse (Director)	$5,500	$0	$0
Estelle Richman (Director)	$5,000	$0	$0
William Apgar (Director)	$4,500	$0	$0
Jarrett Barrios (Director)	$2,500	$0	$0

+ View more people

990

Filed on Nov. 3, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Audits

Audit for a nonprofit that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending Dec.
2014

Revenue

$39,037,562

Expenses

$30,016,610

Net Income

$9,020,952

Net Assets

$136,927,543

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$6,689,896	17.1%
Program Services	$30,055,848	77.0%
Investment Income	$2,292,187	5.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$369
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,186,342	7.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$17,909,319	59.7%

Assets/Debt
Total Assets	$156,912,797
Total Liabilities	$19,985,254
Net Assets	$136,927,543

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Amy Anthony (President)	$526,520	$0	$17,648
Laura Vennard (Treasurer, Manag. Dir & Cfo)	$374,050	$0	$15,232
Rodger Brown (Managing Dir., Real Estate Dev)	$345,324	$0	$22,615
W Bart Lloyd (Manag. Dir. Acq & Gen. Counsel)	$324,003	$0	$19,721
Patricia Belden (Coo/President Of Phm)	$314,617	$0	$21,870
Rochelle Beeks (Coo Of Phm Llc)	$311,899	$0	$13,087
Jeanne Taylor (Cfo Of Phm Llc)	$237,643	$0	$16,814
Dena Xifaras (Vp Asset Management)	$186,701	$0	$21,693
Cory Mian (Vice President, Development)	$186,661	$0	$19,341
Charles Adams (Senior Project Manager)	$183,000	$0	$14,497
Lee Felgar (Pres Of Phm Llc,Termed 2/14/14)	$140,563	$0	$6,854
Andrew Spofford (Secretary)	$128,256	$0	$0
Estelle Richman (Director)	$6,000	$0	$0
Reese Fayde (Director)	$5,000	$0	$0
William Apgar (Director)	$5,000	$0	$0
Herbert Morse (Director)	$4,000	$0	$0
Mark Goldhaber (Director)	$4,000	$0	$0
Toby Levy (Director)	$3,500	$0	$0
Georgia Murray (Director)	$3,500	$0	$0
Jarrett Barrios (Director)	$2,000	$0	$0

+ View more people

990

Filed on Nov. 10, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$58,247,981

Expenses

$27,502,874

Net Income

$30,745,107

Net Assets

$130,442,033

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$4,711,174	8.1%
Program Services	$51,785,793	88.9%
Investment Income	$1,751,014	3.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,088,775	11.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$15,215,365	55.3%

Assets/Debt
Total Assets	$151,458,164
Total Liabilities	$21,016,131
Net Assets	$130,442,033

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Patricia Belden (Managing Director & Coo)	$479,776	$0	$19,385
Laura Vennard (Treasurer, Manag. Dir & Cfo)	$432,426	$0	$13,366
W Bart Lloyd (Manag. Dir. Acq & Gen. Counsel)	$428,524	$0	$29,256
Lee Felgar (President Of Phm Llc)	$366,512	$0	$25,590
Rodger Brown (Managing Dir., Real Estate Dev)	$365,618	$0	$18,692
Rochelle Beeks (Coo Of Phm Llc)	$313,502	$0	$8,666
Amy Anthony (President)	$310,020	$0	$16,194
Alexandra Dailey (Senior Asset Manager)	$262,388	$0	$11,263
Jeanne Taylor (Cfo Of Phm Llc)	$231,308	$0	$16,396
Kathleen Carpenter (Director Of Human Resources)	$195,760	$0	$17,903
William Eager (Vice President, Chicago Office)	$164,835	$0	$24,445
Andrew Spofford (Secretary)	$118,589	$0	$0
Mark Goldhaber (Director)	$7,500	$0	$0
Reese Fayde (Director)	$6,000	$0	$0
Herbert Morse (Director)	$6,000	$0	$0
George Latimer (Director, Term Ended 10/24/13)	$6,000	$0	$0
Georgia Murray (Director)	$6,000	$0	$0
William Apgar (Director)	$5,500	$0	$0
Estelle Richman (Director)	$3,000	$0	$0
Jarrett Barrios (Director)	$2,500	$0	$0

+ View more people

990

Filed on Nov. 12, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$55,491,195

Expenses

$4,049,508

Net Income

$51,441,687

Net Assets

$96,167,218

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,341,107	2.4%
Program Services	$52,350,204	94.3%
Investment Income	$1,799,884	3.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$280,105	6.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$356,195	8.8%

Assets/Debt
Total Assets	$116,261,312
Total Liabilities	$20,094,094
Net Assets	$96,167,218

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$3,148,722

Expenses

$2,375,640

Net Income

$773,082

Net Assets

$44,725,531

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,145,052	36.4%
Program Services	$877,366	27.9%
Investment Income	$1,126,304	35.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$54,591,639
Total Liabilities	$9,866,108
Net Assets	$44,725,531

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 2, 2024

Preservation Of Affordable Housing Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $148M (2022)

Expenses $105M (2022)

Total Assets $669M (2022)

Total Liabilities $366M (2022)

Tax Filings and Audits by Year

Fiscal Year Ending Dec. 2023

No Extracted Financial Data

Document Links

Audits

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audits

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audits

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audits

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Audits

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audits

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audits

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audits

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audits

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Revenue

$148M (2022)

Expenses

$105M (2022)

Total Assets

$669M (2022)

Total Liabilities

$366M (2022)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001