Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
9.33x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
91st percentile
Higher top officer pay than 91% of similar nonprofits.
Top officer pay equals 41.8% of source-year revenue.
Asset Growth
24th percentile
Faster asset growth than 24% of similar nonprofits.
Revenue Growth
10th percentile
Faster revenue growth than 10% of similar nonprofits.
Balance Sheet
Assets
Down$7,279
Down $888 (-11%) from 2016
Net Assets
Down-$60,622
Down $8,311 (-16%) from 2016
Liabilities
Up$67,901
Up $7,423 (+12%) from 2016
Revenue And Expenses
Revenue
Down$19,153
Down $13,002 (-40%) from 2016
Expenses
Down$27,464
Down $11,067 (-29%) from 2016
Net Income
Down-$8,311
Down $1,935 (-30%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Sep 17, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $19,153
Mission and Program Overview
Mission
To provide housing assistance to low-income and other disadvantaged persons by creating, developing, and managing community housing.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| CREATING HOUSING FOR LOW-INCOME AND OTHER DISADVANTAGED PERSONS. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| STAR STOREY | Director | - | $8,000 | - | $8,000 |
| JACKIE HENMI | Director | - | $6,000 | - | $6,000 |
| RICHARD LOMMEL | Director | - | $6,000 | - | $6,000 |
Filing and Contact Details
Filer
- Filer Name
- Housing Preservation Trust Inc
- EIN
- 20-1595632
- Phone
- 9048800000
- Address
- 4200 NW 19TH STREET, LAUDERHILL, FL 33313
Signing Officer
- Name
- Star Storey
- Title
- Director
- Phone
- 9048800000
- Signed
- 2018-09-17
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Novogradac & Company Llp
- Address
- 11044 RESEARCH BLVD BLDG C SUITE, 400, AUSTIN, TX 78759
- Preparer
- Nick Hoehn
- Phone
- 5123400420
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: share of losses from operating partnerships. Amount: 7,423. Description: general and administrative expenses. Amount: 41. Total to form 990-ez, line 16: 7,464.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: investments. Beg. Of year amount: 60,478. End of year amount: 67,901.”
PART III - ORGANIZATION'S PRIMARY EXEMPT PURPOSE
“The purposes for which the corporation is organized are exclusively to promote social welfare within the meaning of section 501(c)(4) of the code. Furthermore, the purposes for which the company is organized are to, directly and indirectly, provide and maintain low-income housing to low and moderate income families. The company, in connection with furthering its stated purposes, shall limit its activities to the direct or indirect ownership, development, financing, management, leasing or operation of affordable housing as permitted under applicable governmental regulations for subsidized financing of housing for low income individuals and consistent with and recognized as charitable by the internal revenue service including without limitation revenue procedure 96-32.”
Raw XML Appendix136 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | STAR STOREY |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7042083411 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4020 PHILMONT DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MARIETTA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 30066 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 8167 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 7279 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -8311 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 8167 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 7279 |
| IRS990EZ/GrossReceiptsAmt | 0 | 19153 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -52311 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -60622 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -52311 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -60622 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 6000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 6000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 8000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JACKIE HENMI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | RICHARD LOMMEL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | STAR STOREY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 7464 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE HOUSING ASSISTANCE TO LOW-INCOME AND OTHER DISADVANTAGED PERSONS BY CREATING, DEVELOPING, AND MANAGING COMMUNITY HOUSING. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 19153 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | CREATING HOUSING FOR LOW-INCOME AND OTHER DISADVANTAGED PERSONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 20000 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | FL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 60478 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 67901 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 27464 |
| IRS990EZ/TotalRevenueAmt | 0 | 19153 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 19153 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 32155 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 40495 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 91803 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 91803 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 19153 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 32155 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 40495 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 91803 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 19153 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 32155 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 40495 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 91803 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: SHARE OF LOSSES FROM OPERATING PARTNERSHIPS. AMOUNT: 7,423. DESCRIPTION: GENERAL AND ADMINISTRATIVE EXPENSES. AMOUNT: 41. TOTAL TO FORM 990-EZ, LINE 16: 7,464. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: INVESTMENTS. BEG. OF YEAR AMOUNT: 60,478. END OF YEAR AMOUNT: 67,901. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED ARE EXCLUSIVELY TO PROMOTE SOCIAL WELFARE WITHIN THE MEANING OF SECTION 501(C)(4) OF THE CODE. FURTHERMORE, THE PURPOSES FOR WHICH THE COMPANY IS ORGANIZED ARE TO, DIRECTLY AND INDIRECTLY, PROVIDE AND MAINTAIN LOW-INCOME HOUSING TO LOW AND MODERATE INCOME FAMILIES. THE COMPANY, IN CONNECTION WITH FURTHERING ITS STATED PURPOSES, SHALL LIMIT ITS ACTIVITIES TO THE DIRECT OR INDIRECT OWNERSHIP, DEVELOPMENT, FINANCING, MANAGEMENT, LEASING OR OPERATION OF AFFORDABLE HOUSING AS PERMITTED UNDER APPLICABLE GOVERNMENTAL REGULATIONS FOR SUBSIDIZED FINANCING OF HOUSING FOR LOW INCOME INDIVIDUALS AND CONSISTENT WITH AND RECOGNIZED AS CHARITABLE BY THE INTERNAL REVENUE SERVICE INCLUDING WITHOUT LIMITATION REVENUE PROCEDURE 96-32. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART III - ORGANIZATION'S PRIMARY EXEMPT PURPOSE |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STAR STOREY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9048800000 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-09-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | HOUSING PRESERVATION TRUST INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HOUS |
| ReturnHeader/Filer/EIN | 0 | 201595632 |
| ReturnHeader/Filer/PhoneNum | 0 | 9048800000 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 4200 NW 19TH STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LAUDERHILL |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 33313 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 84FAA937CE50B57B42B423B5DEFFC0F1DED24931 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 301D447E4EB30B4B0AE46D5262472F467D7C0D30 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 207.114.255.150 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-09-17 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 16:36:28 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 943108253 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | NOVOGRADAC & COMPANY LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 11044 RESEARCH BLVD BLDG C SUITE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt | 0 | 400 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | AUSTIN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 78759 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5123400420 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | NICK HOEHN |
| ReturnHeader/ReturnTs | 0 | 2018-09-17T16:37:06-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $7,279
- Liabilities
- $67,901
- Net assets
- -$60,622
- Revenue
- $19,153
- Expenses
- $27,464
- Net income
- -$8,311