2023-11-15T19:29:54-06:00 2022-12-31 620428728 REYNOLDS BONE & GRIESBECK PLC 5100 WHEELIS DRIVE SUITE 300 MEMPHIS TN 381174568 990 2022-01-01 562409519 HOUSING PRESERVATION INC HOUS 4155724511 795 RIDGE LAKE BLVD 300 MEMPHIS TN 38120 JAMES CARMICHAEL KEY EMPLOYEE 9017485490 2023-11-15 1 JAMES CARMICHAEL 999009999 1 KELLY S CROW P01519168 9016822431 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ELEANOR WHITE 795 RIDGE LAKE BLVD 300 MEMPHIS TN 38120 27368648 0 X N/A X 2003 TX TO PROVIDE AFFORDABLE RESIDENTIAL RENTAL UNITS TO LOW INCOME INDIVIDUALS AND FAMILIES. 5 5 19 0 0 0 71342 1600000 2703018 1098825 2965730 203604 -144339 43264 5595751 2945693 3397300 3802779 0 0 2063893 1289552 0 0 0 2982434 1395180 8443627 6487511 -2847876 -3541818 40176409 38166515 8417353 9949277 31759056 28217238 TO PROVIDE AFFORDABLE RESIDENTIAL RENTAL UNITS TO LOW INCOME INDIVIDUALS AND FAMILIES. 0 0 6035714 3802779 2193237 HOUSING PRESERVATION, INC. PROVIDED AFFORDABLE RESIDENTIAL RENTAL UNITS TO LOW INCOME INDIVIDUALS AND FAMILIES WHO QUALIFY FOR HOUSING SUBSIDIES. 6035714 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 1 16 0 1 19 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X THE ORGANIZATION 9017485490 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 ROBERT F COOK DIRECTOR 5.00 X 3000 0 0 JOSHUA HAMMOND DIRECTOR 5.00 X 3000 0 0 MARK SEGAL DIRECTOR 5.00 X 3000 0 0 PATRICK SHEA DIRECTOR 5.00 X 3000 0 0 LAWSON STRINGER DIRECTOR 5.00 X 0 0 0 ELEANOR WHITE PRESIDENT 5.00 X 26000 0 0 JAMES CARMICHAEL KEY EMPLOYEE 30.00 X 344988 0 5012 JARED SCHEPMAN ACQUISITION ASSOCIATE 40.00 X 141239 0 0 OLIVER HAYNES ACQUISITION ASSOCIATE 40.00 X 238463 0 3537 DAVID BRIDGFORTH ACQUISITION ASSOCIATE 40.00 X 216000 0 0 STUART JOHNSON ACQUISITION ASSOCIATE 40.00 X 145000 0 0 GABRIEL ROARK ACQUISITION ASSOCIATE 40.00 X 148500 0 0 1272190 0 8549 7 0 1 0 0 1600000 1600000 LOW INCOME HOUSING REN 531110 1098825 1098825 1098825 605072 448774 156298 20595072 3426415 20184513 4238442 410559 -812027 -401468 -401468 NET RENTAL INCOME FROM 531110 45448 45448 GENERAL PARTNER FEES 531110 12299 12299 LAUNDRY REVENUE 531110 5418 5418 -19901 -19901 43264 2945693 1545415 0 -199722 X 3802779 3802779 382988 274531 108457 766169 566965 199204 37244 27561 9683 103151 76332 26819 73538 54418 19120 -61140 -45244 -15896 26835 19858 6977 36152 36152 65446 65446 135851 100530 35321 29472 21809 7663 87053 87053 17107 17107 172919 172919 78402 78402 REPAIRS & MAINTENANCE 251403 251403 UTILITIES 187837 187837 OTHER TAXES 99426 99426 SECURITY 70374 52077 18297 124505 124505 6487511 6035714 451797 0 6123290 1184877 1319426 6899438 536262 513965 28628 32239 16176392 3952608 7386610 12223784 17061310 371598 3036330 16374320 525254 146392 4159299 419902 40176409 38166515 191164 219721 26061 9340 8140000 9645607 25337 -2111 34791 76720 8417353 9949277 X 0 0 0 0 31759056 28217238 31759056 28217238 40176409 38166515 -3541818 0 X X 0 0 0 X 131378 69317 2436426 71342 1600000 4308463 8041590 5601177 1976281 2864900 18483948 8172968 5670494 4412707 2936242 1600000 22792411 0 2316879 2316879 2316879 2316879 20475532 28767 232220 499407 689243 593286 2042923 28767 232220 499407 689243 593286 2042923 8201735 5902714 4912114 3625485 2193286 24835334 0.82450 0.87410 0.08230 0.04860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 661770 661770 15514622 3952608 11562014 12223784 PARTNERSHIP INTERESTS - LOW INCOME HOUSING 16374320 C 16374320 TENANT DEPOSITS 76720 76720 0 PRESBYTERIAN DAY SCHOOL 4025 POPLAR AVENUE MEMPHIS TN 38111 620811568 501(C)(3) 80000 0 DONATION - GENERAL OPERATING UNIVERSITY OF TENNESSEE 1914 ANDY HOLT AVENUE KNOXVILLE TN 37996 626001636 501(C)(3) 30000 0 DONATION - GENERAL OPERATING HOSPITALITY HUB OF MEMPHIS 590 WASHINGTON AVE MEMPHIS MEMPHIS TN 38105 264417530 501(C)(3) 200000 0 DONATION - GENERAL OPERATING VICTIMS OF ILLICIT DRUGS INC 3530 CITRUS ST HIGHLAND CA 92346 870899481 501(C)(3) 10000 0 DONATION - GENERAL OPERATING CREATIVE AGING MEMPHIS 13 S PRESCOTT ST 11914 MEMPHIS TN 38111 270070615 501(C)(3) 10000 0 DONATION - GENERAL OPERATING AMERICAN GI FORUM NATIONAL VETERANS OUTREACH PROGRAM INC 611 N FLORES ST STE 200 SAN ANTONIO TX 78205 742033203 501(C)(3) 3419779 0 DONATION - GENERAL OPERATING HUTCHISON SCHOOL 1740 RIDGEWAY RD MEMPHIS TN 38119 620540400 501(C)(3) 30000 0 DONATION - GENERAL OPERATING 13 X 0 0 0 0 0 0 0 0 0 JAMES CARMICHAEL KEY EMPLOYEE 344988 0 0 0 0 0 0 0 5012 0 350000 0 0 0 OLIVER HAYNES ACQUISITION ASSOCIATE 106463 0 0 0 132000 0 0 0 3537 0 242000 0 0 0 DAVID BRIDGFORTH ACQUISITION ASSOCIATE 84000 0 0 0 132000 0 0 0 0 0 216000 0 0 0 JAMES CARMICHAEL KEY EMPLOYEE 890909 HPI SOLD A 98% INVESTMENT IN FARMDALE II, LLC TO THE CARMICHAEL GST TRUST 0 JAMES CARMICHAEL KEY EMPLOYEE 9091 HPI SOLD A 1% INVESTMENT IN FARMDALE II, LLC TO JAMES CARMICHAEL 0 JAMES CARMICHAEL KEY EMPLOYEE 2643030 HPI SOLD A 98% INVESTMENT IN HELLENIC TOWER, LLC TO THE CARMICHAEL GST TRUST 0 JAMES CARMICHAEL KEY EMPLOYEE 26970 HPI SOLD A 1% INVESTMENT IN HELLENIC TOWER, LLC TO THE CARMICHAEL GST TRUST 0 FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS REVIEWED BY HPI PERSONNEL PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REGULARLY AND CONSISTENTLY MONITORS FOR ANY POTENTIAL CONFLICTS. ANY ISSUES ARE REVIEWED BY AN ATTORNEY. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION STUDY WAS PREPARED BY AN INDEPENDENT COMPENSATION EVALUTATION COMPANY AND THE RESULTING RECOMMENDATIONS WERE ADOPTED. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E SUPPLIES: PROGRAM SERVICE EXPENSES 47,726. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,726. MISCELLANEOUS EXPENSE: PROGRAM SERVICE EXPENSES 32,562. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,562. TELEPHONE: PROGRAM SERVICE EXPENSES 21,159. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,159. PROPERTY TAXES: PROGRAM SERVICE EXPENSES 11,949. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,949. LICENSE AND OTHER FEES: PROGRAM SERVICE EXPENSES 8,743. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,743. PAYROLL PROCESSING FEE: PROGRAM SERVICE EXPENSES 2,366. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,366. MASTER SPE LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 475627715 LOW COST HOUSING NV 14521 172523 HOUSING PRESERVATION INC MASTER SPE II LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 821629346 LOW COST HOUSING NV 1195 50147 HOUSING PRESERVATION INC DANIEL GILMARTIN GP LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 464280232 LOW COST HOUSING NV 7294 127238 HOUSING PRESERVATION INC SPE MERCED LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 821567839 LOW COST HOUSING CA 1851 129442 HOUSING PRESERVATION INC JAMESTOWN PRESERVATION GP LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 825092146 LOW COST HOUSING NV 2696 80416 HOUSING PRESERVATION INC FARMDALE LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 823667002 LOW COST HOUSING NV -174 31232 HOUSING PRESERVATION INC HELLENIC TOWER LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 454421127 LOW COST HOUSING NV 113412 0 HOUSING PRESERVATION INC MARLBOROUGH REVITALIZATION GP INC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 472215380 LOW COST HOUSING MD -127 1083140 HOUSING PRESERVATION INC CORINTHIAN I GP LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 872779138 LOW COST HOUSING MO -5371 386475 HOUSING PRESERVATION INC CORINTHIAN II GP LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 872796669 LOW COST HOUSING MO -1455 0 HOUSING PRESERVATION INC FARMDALE II LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 853769767 LOW COST HOUSING NV -9358 0 HOUSING PRESERVATION INC NHPF - HARBOR HILL GP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 825187583 LOW COST HOUSING NY -7 174209 HOUSING PRESERVATION INC RAHF IV HARBOR HILL LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 831383625 LOW COST HOUSING DE -220 1556103 HOUSING PRESERVATION INC NHPF - SUNSET GARDENS GP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 825218671 LOW COST HOUSING NY 10 52336 HOUSING PRESERVATION INC RAHF IV SUNSET GARDENS LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 831366717 LOW COST HOUSING DE 350 1708694 HOUSING PRESERVATION INC CALVARY TOWERS LIMITED PARTNERSHIP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 474393148 LOW COST HOUSING TN RELATED 2100 125150 0 1 0.01000 CAMPBELL COURT LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 471459244 LOW COST HOUSING TN RELATED 1195 50147 0 1 0.01000 CAPITOL VIEW TOWER LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 452558308 LOW COST HOUSING NE RELATED 153 34329 0 1 0.01000 CASA LA MERCED LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 820762595 LOW COST HOUSING TN RELATED 1851 129442 0 1 0.01000 CEDAR HILLS LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 262471608 LOW COST HOUSING LA RELATED 1013 152241 0 1 0.05000 CENTER PLACE LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 352503809 LOW COST HOUSING MD RELATED -8868 292219 0 1 0.05000 CHRISTIAN VILLAGE LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 475300336 LOW COST HOUSING TN RELATED 3189 110523 0 1 0.01000 CPT I LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 823319796 LOW COST HOUSING FL RELATED -559 22696 0 1 0.00500 DANIEL GILMARTIN LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 463884505 LOW COST HOUSING TN RELATED 7294 127238 0 1 0.01000 GATEWAY TERRACE II LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 472473134 LOW COST HOUSING TN RELATED 11256 225468 0 1 0.01000 GRANT STREET SENIOR APARTMENTS LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 452875127 LOW COST HOUSING CT RELATED -28026 331438 0 1 0.05000 HACKETTSTOWN SENIORS URBAN RENEWAL LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 611736267 LOW COST HOUSING NJ RELATED -22233 467796 0 1 0.05000 JCT II LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 208421077 LOW COST HOUSING FL RELATED 10060 31746 0 1 0.01000 JS INVESTMENT LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 811407552 LOW COST HOUSING LA RELATED 14829 269157 0 1 0.05000 KIRKWOOD LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 462677661 LOW COST HOUSING NC RELATED 5495 39063 0 1 0.01000 LUTHER ACRES LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 465395945 LOW COST HOUSING NC RELATED 2625 17771 0 1 0.50000 MARY WALKER LIMITED PARTNERSHIP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 270405870 LOW COST HOUSING TN RELATED 2717 98267 0 1 0.01000 MB PARK AND TOWER LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 462462856 LOW COST HOUSING TN RELATED 5258 66647 0 1 0.01000 OLDE KENSINGTON LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 472109751 LOW COST HOUSING PA RELATED 3723 51712 0 1 0.01000 OWL SENIORS LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 811814458 LOW COST HOUSING TN RELATED 3144 32680 0 1 0.01000 SILVERTREE SENIORS ATLANTA LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 474134391 LOW COST HOUSING GA RELATED 638 41914 0 1 0.01000 SILVERTREE SENIORS CHATANOOGA LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 810926619 LOW COST HOUSING TN RELATED 3127 41664 0 1 0.01000 SILVERTREE SENIORS JAMESTOWN LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 384077663 LOW COST HOUSING NY RELATED 2696 80416 0 1 0.01000 SILVERTREE SENIORS LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 472883696 LOW COST HOUSING FL RELATED 2581 60008 0 1 0.01000 SKYLINE TOWER LIMITED PARTNERSHIP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 454747988 LOW COST HOUSING OH RELATED 585 54736 0 1 0.01000 SMYRNA TOWERS LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 471984411 LOW COST HOUSING GA RELATED 6383 70037 0 1 0.01000 TEMPLE SENIOR APARTMENTS LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 831534595 LOW COST HOUSING PA RELATED -235 32307 0 1 0.01000 UNICO VILLAGE II LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 464185022 LOW COST HOUSING TN RELATED 4918 30131 0 1 0.01000 WINTER HAVEN MANOR LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 463045168 LOW COST HOUSING TN RELATED 1767 67010 0 1 0.01000 CORINTHIAN II LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 863864987 LOW COST HOUSING MO RELATED -1455 0 1 0.01000 CORINTHIAN I LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 863839313 LOW COST HOUSING MO RELATED -5371 386475 0 1 0.01000 REDWOOD SENIORS LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 854227715 LOW COST HOUSING CA RELATED -15605 143434 0 1 0.01000 SEAVIEW PLAZA LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 861831756 LOW COST HOUSING CA RELATED -2057 297018 0 1 0.01000 FARMDALE LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 823667002 LOW COST HOUSING NV RELATED -174 31232 0 1 0.01000 HELLENIC TOWER LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 454421127 LOW COST HOUSING NV RELATED -10416 71806 0 1 0.01000 FARMDALE II LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 853769767 LOW COST HOUSING NV RELATED -4006 8011 0 1 0.01000 HILLSBORO PLAZA LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 852069066 LOW COST HOUSING NV RELATED -7559 -152700 0 1 0.01000 CORINTHAIN III LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 863896137 LOW COST HOUSING MO RELATED 2598 21293 0 1 0.01000 CORINTHIAN IV LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 863945128 LOW COST HOUSING MO RELATED 1229 18692 0 1 0.01000 CPT II LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 823326666 LOW COST HOUSING FL RELATED 2098 2349 0 1 0.00500 EASEHOUSE LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 882869258 LOW COST HOUSING AL RELATED -13540 125524 0 1 0.01000 REBA BROWN LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 871054238 LOW COST HOUSING PA RELATED -3216 101698 0 1 0.01000 ST CLAIR VILLA APT LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 881700808 LOW COST HOUSING PA RELATED -542 37876 0 1 0.01000 SYLMAR OLIVE MANOR LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 854348666 LOW COST HOUSING CA RELATED -1856 153566 0 1 0.01000 VILLA ALEGRE LLC 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 874643686 LOW COST HOUSING NV RELATED -7378 -5676 0 1 0.01000 RAHF IV HARBOR HILL GP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 830773875 LOW COST HOUSING NY RELATED -7 174209 0 1 0.03000 RAHF HARBOR HILL LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 830773875 LOW COST HOUSING DE RELATED -220 1556103 0 1 0.97000 RAHF IV SUNSET GARDENS LP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 830755429 LOW COST HOUSING DE RELATED 10 52336 0 1 0.03000 RAHF IV SUNSET GARDENS GP 795 RIDGE LAKE BLVD STE 300 MEMPHIS TN 38120 830755429 LOW COST HOUSING NY RELATED 350 1708694 0 1 0.97000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0