Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
EIN 56-2409519 • 501(c)3 • Memphis, TN
Profile
To provide affordable residential rental units to low income individuals and families.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
83rd percentile
Higher net margin than 83% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
90th percentile
Faster asset growth than 90% of similar nonprofits.
Revenue Growth
81st percentile
Faster revenue growth than 81% of similar nonprofits.
Assets
Up$53,926,612
Up $12,987,409 (+32%) from 2023
Liabilities
Up$23,630,545
Up $9,800,057 (+71%) from 2023
Net Assets
Up$30,296,067
Up $3,187,352 (+12%) from 2023
Revenue
Up$9,916,476
Up $2,238,597 (+29%) from 2023
Expenses
Down$6,729,124
Down $2,057,278 (-23%) from 2023
Net Income
Up$3,187,352
Up $4,295,875 (+388%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
To provide affordable residential rental units to low income individuals and families.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $27,108,715 | $30,296,067 | ▲ $3,187,352 |
| Land, Buildings, and Equipment, Net | $16,293,636 | $27,042,046 | ▲ $10,748,410 |
| Cash and Non-Interest-Bearing Accounts | $1,673,310 | $17,253,652 | ▲ $15,580,342 |
| Investments Program Related | $16,423,274 | $4,828,623 | ▼ $11,594,651 |
| Accounts Receivable | $4,096,774 | $2,513,967 | ▼ $1,582,807 |
| Intangible Assets | $898,381 | $773,841 | ▼ $124,540 |
| Other Notes and Loans Receivable, Net | $513,965 | $500,000 | ▼ $13,965 |
| Investments in Publicly Traded Securities | $371,598 | $371,598 | → $0 |
| Prepaid Expenses and Deferred Charges | $11,980 | $150,684 | ▲ $138,704 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $40,939,203 | $53,926,612 | ▲ $12,987,409 |
| Other Assets Total | $656,285 | $492,201 | ▼ $164,084 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $13,496,607 | $13,435,406 | ▼ $61,201 |
| Deferred Revenue | $20,863 | $9,749,044 | ▲ $9,728,181 |
| Accounts Payable and Accrued Expenses | $181,305 | $307,974 | ▲ $126,669 |
| Other Liabilities | $131,713 | $138,121 | ▲ $6,408 |
| Total Liabilities | $13,830,488 | $23,630,545 | ▲ $9,800,057 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $27,108,715 | $30,296,067 | ▲ $3,187,352 |
| Total Liabilities and Net Assets / Fund Balance | $40,939,203 | $53,926,612 | ▲ $12,987,409 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Investment Program Related Org | $4,828,623 | - | - |
| Buildings | $24,966,237 | $5,401,559 | - |
| Land | $2,075,809 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| James Carmichael | Key Employee | PT | $350,000 | - | $350,000 |
| Oliver Haynes | Acquisition Manager | FT | $204,032 | $138,000 | $342,032 |
| David Bridgforth | Acquisition Associate | FT | $84,000 | $144,000 | $228,000 |
| Jared Schepman | Acquisition Associate | FT | $122,274 | $84,682 | $206,956 |
| Gabriel Roark | Acquisition Associate | FT | $100,000 | $102,000 | $202,000 |
| Stuart Johnson | Acquisition Associate | FT | $85,000 | $88,000 | $173,000 |
| Eleanor White | President | PT | $30,000 | - | $30,000 |
| Joshua Hammond | Director | PT | $3,000 | - | $3,000 |
| Mark Segal | Former Director | PT | $3,000 | - | $3,000 |
| Patrick Shea | Director | PT | $3,000 | - | $3,000 |
| Robert F Cook | Director | PT | $3,000 | - | $3,000 |
| Name | Title |
|---|---|
| Lawson Stringer | Director |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Silver Tree Residential | Management And Bookkeeping Fees | 795 RIDGE LAKE BLVD STE 300, Memphis, TN 38120 | $265,214 |
| Hd Supply Facilities Maintenance | Building Supplies And Installation | PO BOX 509058, San Diego, CA 92150 | $101,545 |
| Line Item | Amount |
|---|---|
| Other Expenses | $4,502,574 |
| Salaries, Compensation, and Employee Benefits | $2,101,050 |
| Grants and Similar Amounts Paid | $125,500 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,038,178 | $364,765 | - | $1,402,943 |
| Depreciation Depletion | $933,373 | - | - | $933,373 |
| Interest | $564,450 | - | - | $564,450 |
| Fees for Services Legal | $356,231 | $125,162 | - | $481,393 |
| Current Officers, Directors, Trustees, and Key Employees | $281,200 | $98,800 | - | $380,000 |
| Fees for Services Management | $247,495 | $86,958 | - | $334,453 |
| Insurance | $199,299 | - | - | $199,299 |
| All Other Expenses | $184,145 | $13,736 | - | $197,881 |
| Travel | $195,958 | - | - | $195,958 |
| Payroll Taxes | $119,100 | $41,846 | - | $160,946 |
| Other Employee Benefits | $116,299 | $40,862 | - | $157,161 |
| Grants to Domestic Orgs | $125,500 | - | - | $125,500 |
| Other Expenses | $110,244 | - | - | $110,244 |
| Office Expenses | $76,386 | $26,838 | - | $103,224 |
| Advertising | $96,260 | - | - | $96,260 |
| Fees for Services Accounting | $65,301 | $22,944 | - | $88,245 |
| Information Technology | $27,070 | $9,511 | - | $36,581 |
| Fees for Service Investment Mgmnt Fees | - | $23,747 | - | $23,747 |
| Total Functional Expenses | $5,873,955 | $855,169 | $0 | $6,729,124 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Greater Memphis Chamber | Memphis, TN | 501(c)(3) | Donation - General Operating | $50,000 |
| Hutchison School | Memphis, TN | 501(c)(3) | Donation - General Operating | $30,000 |
| University of Tennessee | Knoxville, TN | 501(c)(3) | Donation - General Operating | $30,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| James Carmichael | Key Employee | HPI SOLD A 97% INTEREST IN RAHF-IV HARBOR HILL, LP TO CARMICHAEL GST TRUST. | No | $5,952,158 |
| James Carmichael | Key Employee | HPI SOLD A 97% INTEREST IN RAHF-IV SUNSET GARDENS, LP TO CARMICHAEL GST TRUST. | No | $5,528,859 |
| James Carmichael | Key Employee | Hpi Paid Management Fees to Silver Tree Residential | No | $265,214 |
| Liability | Amount |
|---|---|
| Tenant Deposits | $138,121 |
“The tax return is reviewed by hpi personnel prior to filing the return.”
“The board regularly and consistently monitors for any potential conflicts. Any issues are reviewed by an attorney.”
“A compensation study was prepared by an independent compensation evalutation company and the resulting recommendations were adopted.”
“The governing documents and financial statements are available upon request.”
“Security: program service expenses 39,095. Management and general expenses 13,736. Fundraising expenses 0. Total expenses 52,831. Telephone: program service expenses 38,921. Management and general expenses 0. Fundraising expenses 0. Total expenses 38,921. License and other fees: program service expenses 30,998. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,998. Other taxes: program service expenses 28,265. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,265. Meals: program service expenses 20,006. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,006. Property taxes: program service expenses 19,156. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,156. Payroll processing fee: program service expenses 7,704. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,704.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 181305 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 307974 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 4096774 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 2513967 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE AFFORDABLE RESIDENTIAL RENTAL UNITS TO LOW INCOME INDIVIDUALS AND FAMILIES. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 96260 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 96260 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 13736 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 184145 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 197881 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9017485490 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 795 RIDGE LAKE BLVD STE 300 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MEMPHIS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 38120 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 1 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1673310 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 17253652 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 98800 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 281200 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 380000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 265214 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 101545 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 795 RIDGE LAKE BLVD STE 300 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | PO BOX 509058 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | MEMPHIS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | SAN DIEGO |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | CA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 38120 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 92150 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | SILVER TREE RESIDENTIAL |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | HD SUPPLY FACILITIES MAINTENANCE |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | MANAGEMENT AND BOOKKEEPING FEES |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | BUILDING SUPPLIES AND INSTALLATION |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 6483312 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 125500 |
| IRS990/CYInvestmentIncomeAmt | 0 | 435074 |
| IRS990/CYOtherExpensesAmt | 0 | 4502574 |
| IRS990/CYOtherRevenueAmt | 0 | 220249 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2777841 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 3187352 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 2101050 |
| IRS990/CYTotalExpensesAmt | 0 | 6729124 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 9916476 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 20863 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 9749044 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 933373 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 933373 |
| IRS990/Desc | 0 | HOUSING PRESERVATION, INC. PROVIDED AFFORDABLE RESIDENTIAL RENTAL UNITS TO LOW INCOME INDIVIDUALS AND FAMILIES WHO QUALIFY FOR HOUSING SUBSIDIES. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 1 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 17 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 5873955 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 22944 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 65301 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 88245 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 125162 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 356231 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 481393 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 86958 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 247495 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 334453 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 23747 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 23747 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 30.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ELEANOR WHITE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ROBERT F COOK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JOSHUA HAMMOND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MARK SEGAL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | PATRICK SHEA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | LAWSON STRINGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JAMES CARMICHAEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JARED SCHEPMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | OLIVER HAYNES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | DAVID BRIDGFORTH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | STUART JOHNSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | GABRIEL ROARK |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 30000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 3000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 3000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 3000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 3000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 350000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 206956 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 342032 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 228000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 173000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 202000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | FORMER DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | KEY EMPLOYEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | ACQUISITION ASSOCIATE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | ACQUISITION MANAGER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | ACQUISITION ASSOCIATE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | ACQUISITION ASSOCIATE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | ACQUISITION ASSOCIATE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2003 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -383649 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GovernmentGrantsAmt | 0 | 6483312 |
| IRS990/GrantAmt | 0 | 125500 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 125500 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 125500 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 11481017 |
| IRS990/GrossReceiptsAmt | 0 | 21781142 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 7 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 9511 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 27070 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 36581 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 199299 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 199299 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 898381 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 773841 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 564450 |
| IRS990/InterestGrp/TotalAmt | 0 | 564450 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 178461 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 640262 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 818723 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 16423274 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 4828623 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 371598 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 371598 |
| IRS990/IRPDocumentCnt | 0 | 28 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 5401559 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 16293636 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 27042046 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 32443605 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 11864666 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingOtherInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 14838 |
| IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt | 0 | 14838 |
| IRS990/MissionDesc | 0 | TO PROVIDE AFFORDABLE RESIDENTIAL RENTAL UNITS TO LOW INCOME INDIVIDUALS AND FAMILIES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 13496607 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 13435406 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 27108715 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 30296067 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -383649 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -383649 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 26838 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 76386 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 103224 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 656285 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 492201 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 40862 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 116299 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 157161 |
| IRS990/OtherExpensesGrp/Desc | 0 | REPAIRS & MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | UTILITIES |
| IRS990/OtherExpensesGrp/Desc | 2 | SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS EXPENSE |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 587657 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 404715 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 145094 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 110244 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 587657 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 404715 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 145094 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 110244 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 131713 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 138121 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 531110 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 531110 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 2 | 531110 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | NET RENTAL INCOME FROM |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | OTHER REVENUE |
| IRS990/OtherRevenueMiscGrp/Desc | 2 | LAUNDRY REVENUE |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 138841 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 42060 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 24510 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 138841 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 42060 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 2 | 24510 |
| IRS990/OtherRevenueTotalAmt | 0 | 220249 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 364765 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 1038178 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1402943 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 513965 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 500000 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 41846 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 119100 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 160946 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 11980 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 150684 |
| IRS990/PrincipalOfficerNm | 0 | ELEANOR WHITE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | LOW INCOME HOUSING REN |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2777841 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2777841 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 396914 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 92100 |
| IRS990/PYInvestmentIncomeAmt | 0 | 662947 |
| IRS990/PYOtherExpensesAmt | 0 | 6259062 |
| IRS990/PYOtherRevenueAmt | 0 | 15589 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 6602429 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -1108523 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 2435240 |
| IRS990/PYTotalExpensesAmt | 0 | 8786402 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 7677879 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 3187352 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 1 |
| IRS990/RevenueAmt | 0 | 10508677 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 27108715 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 30296067 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 6483312 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 396914 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1600000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 71342 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2436426 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 10987994 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 737995 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 644000 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 593286 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 689243 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 499407 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 3163931 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 4841181 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.77640 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.63250 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 10987994 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 6483312 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 396914 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1600000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 71342 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2436426 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 10987994 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 14151925 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 24966237 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 5401559 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 30367796 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 4828623 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | PARTNERSHIP INTERESTS - LOW INCOME HOUSING |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 2075809 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 2075809 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 138121 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | TENANT DEPOSITS |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 27042046 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 4828623 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 138121 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 0 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 30000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 30000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 2 | 50000 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(C)(3) |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 1 | 501(C)(3) |
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