Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
EIN 90-0475369 • 501(c)3 • Lewisville, TX
Profile
See schedule o for the organization's defined mission statementpreservation freehold company is a public charity organized for the purpose of relieving the distressed through the provision of housing designed specifically to accommodate and address certain physical, social, and civic needs of the elderly, while promoting the continued dignity and well-being of its residents. The corporation is organized and shall be operated exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code. Within the scope of the foregoing purposes, but not by way of limitation thereof, the corporation shall carry out these purposes primarily by owning and operating, either directly or through affiliated entities, nonprofit health care facilities and senior living communities.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
22nd percentile
Higher net margin than 22% of similar nonprofits.
Top Officer Pay
11th percentile
Higher top officer pay than 11% of similar nonprofits.
Top officer pay equals 0.1% of source-year revenue.
Asset Growth
20th percentile
Faster asset growth than 20% of similar nonprofits.
Revenue Growth
35th percentile
Faster revenue growth than 35% of similar nonprofits.
Assets
Down$561,000,473
Down $5,365,489 (-0.9%) from 2023
Liabilities
Up$602,018,068
Up $1,502,645 (+0.3%) from 2023
Net Assets
Down-$41,017,595
Down $6,868,134 (-20%) from 2023
Revenue
Up$215,279,684
Up $9,794,884 (+4.8%) from 2023
Expenses
Up$222,147,818
Up $3,564,709 (+1.6%) from 2023
Net Income
Up-$6,868,134
Up $6,230,175 (+48%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
The Companys mission is to build or facilitate the building of affordable housing and/or to preserve such housing from reverting to market rate.
Preservation freehold company is a public charity organized for the purpose (continued on schedule o) of relieving the distressed through the provision of housing designed specifically to accommodate and address certain physical, social, and civic needs of the elderly, while promoting the continued dignity and well-being of its residents. The corporation is organized and shall be operated exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code. Within the scope of the foregoing purposes, but not by way of limitation thereof, the corporation shall carry out these purposes primarily by owning and operating, either directly or through affiliated entities, nonprofit health care facilities and senior living communities.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $459,290,965 | $447,659,506 | ▼ $11,631,459 |
| Savings and Temporary Cash Investments | $69,154,784 | $75,264,422 | ▲ $6,109,638 |
| Cash and Non-Interest-Bearing Accounts | $14,765,468 | $14,873,667 | ▲ $108,199 |
| Accounts Receivable | $10,000,745 | $12,076,630 | ▲ $2,075,885 |
| Prepaid Expenses and Deferred Charges | $1,483,745 | $1,745,517 | ▲ $261,772 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $-34,149,461 | $-41,017,595 | ▼ $6,868,134 |
| Total Assets | $566,365,962 | $561,000,473 | ▼ $5,365,489 |
| Other Assets Total | $11,670,255 | $9,380,731 | ▼ $2,289,524 |
| Liabilities | |||
| Tax Exempt Bond Liabilities | $502,850,000 | $502,405,000 | ▼ $445,000 |
| Mortgage Notes Payable Secured by Investment Property | $64,829,856 | $65,055,319 | ▲ $225,463 |
| Accounts Payable and Accrued Expenses | $27,264,449 | $29,525,204 | ▲ $2,260,755 |
| Other Liabilities | $4,686,107 | $3,983,073 | ▼ $703,034 |
| Deferred Revenue | $885,011 | $1,049,472 | ▲ $164,461 |
| Total Liabilities | $600,515,423 | $602,018,068 | ▲ $1,502,645 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-34,149,461 | $-41,017,595 | ▼ $6,868,134 |
| Total Liabilities and Net Assets / Fund Balance | $566,365,962 | $561,000,473 | ▼ $5,365,489 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $400,859,348 | $47,365,334 | $448,224,682 |
| Land | $29,045,784 | - | $29,045,784 |
| Equipment | $7,623,682 | $10,903,052 | $18,526,734 |
| Leasehold Improvements | $7,718,829 | $810,967 | $8,529,796 |
| Other Land Buildings | $2,411,863 | $443,504 | $2,855,367 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Lee Sudbeck | Facility Employee | FT | $195,367 | $109,083 | $304,450 |
| Gibson Vernon | Facility Employee | FT | $206,762 | $57,992 | $264,754 |
| Edward Fosam | Facility Employee | FT | $233,300 | $19,241 | $252,541 |
| Selina Mensah | Facility Employee | FT | $216,063 | $5,750 | $221,813 |
| John Fonang | Facility Employee | FT | $146,529 | $51,153 | $197,682 |
| James Chance | President & CEO | FT | $158,668 | $21,097 | $179,765 |
| Name | Title |
|---|---|
| Dana Arnette | Board Member |
| Darrel Mcgehee | Board Member |
| Thomas E Langdon | Secretary and Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Stonegate Senior Living LLC | Management Company | 1500 WATERS RIDGE DRIVE STE 200, Lewisville, TX 75057 | $20,577,582 |
| Rehab Pro | Therapy Services | 17521 US HWY 69 SOUTH STE 120, Tyler, TX 75703 | $7,417,787 |
| Shiftkey LLC | Nurse Staffing Service | 14800 FRY ROAD 2ND FLOOR, Fort Worth, TX 76155 | $858,834 |
| Lifetime Wellness | Therapy Services | 17521 US HWY 69 SOUTH STE 120, Tyler, TX 75703 | $640,085 |
| Collain Healthcare | Accounting Services | 33313 COLLECTION CENTER DRIVE, Chicago, IL 60693 | $383,415 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $114,429,215 |
| Other Expenses | $107,718,603 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $96,419,451 | $6,496,779 | - | $102,916,230 |
| Interest | $32,792,259 | - | - | $32,792,259 |
| Fees for Services Other | $18,405,099 | - | - | $18,405,099 |
| Depreciation Depletion | $16,856,541 | - | - | $16,856,541 |
| Fees for Services Management | - | $14,838,951 | - | $14,838,951 |
| Occupancy | $8,756,703 | $1,498,052 | - | $10,254,755 |
| Payroll Taxes | $7,817,093 | $350,384 | - | $8,167,477 |
| Insurance | $4,419,221 | - | - | $4,419,221 |
| Other Employee Benefits | $2,896,725 | $275,932 | - | $3,172,657 |
| Office Expenses | $1,612,528 | $214,046 | - | $1,826,574 |
| Information Technology | $1,351,731 | - | - | $1,351,731 |
| Fees for Services Legal | $470,262 | - | - | $470,262 |
| Fees for Services Accounting | - | $194,787 | - | $194,787 |
| Other Expenses | $181,773 | - | - | $181,773 |
| Current Officers, Directors, Trustees, and Key Employees | - | $172,851 | - | $172,851 |
| All Other Expenses | $168,867 | - | - | $168,867 |
| Advertising | - | $146,553 | - | $146,553 |
| Conferences and Meetings | $101,350 | - | - | $101,350 |
| Travel | $37,630 | $42,960 | - | $80,590 |
| Total Functional Expenses | $197,916,523 | $24,231,295 | $0 | $222,147,818 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Capital Leases | $3,883,240 |
| Insurance | $71,647 |
| Due to Owner | $28,186 |
| Bond | Issuer | Issued | Issue Price | Purpose |
|---|---|---|---|---|
| A | New Hope Cultural Education Facilities Finance Corporation | 2021-09-23 | $502,850,000 | Finance the purchase of skilled nursing & assisted living facilities |
| Bond | Total Proceeds | Spent | Retired | Issuance Costs |
|---|---|---|---|---|
| A | $509,906,420 | - | - | $4,877,313 |
“The organization provides a complete copy of the form 990 to all members of its governing body before filing.”
“Each board member, officer, and key employee is provided with a written copy of the conflict of interest policy and is required to provide an annual conflict of interest statement and to fully disclose any actual or potential conflict of interest. Individuals with actual or potential conflicts of interest will abstain from discussing or voting on any matter related to the conflict. Disinterested directors will then consider the matter and vote on whether to proceed despite the conflict.”
“On march 13, 2020, the board approved formation of an executive evaluation and compensation committee to evaluate performance, obtain research and information, and make recommendations concerning compensation of directors and key employees.”
“The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request from the ceo.”
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 | 27264449 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 29525204 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 10000745 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 12076630 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | PRESERVATION FREEHOLD COMPANY IS A PUBLIC CHARITY ORGANIZED FOR THE PURPOSE (CONTINUED ON SCHEDULE O) OF RELIEVING THE DISTRESSED THROUGH THE PROVISION OF HOUSING DESIGNED SPECIFICALLY TO ACCOMMODATE AND ADDRESS CERTAIN PHYSICAL, SOCIAL, AND CIVIC NEEDS OF THE ELDERLY, WHILE PROMOTING THE CONTINUED DIGNITY AND WELL-BEING OF ITS RESIDENTS. THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. WITHIN THE SCOPE OF THE FOREGOING PURPOSES, BUT NOT BY WAY OF LIMITATION THEREOF, THE CORPORATION SHALL CARRY OUT THESE PURPOSES PRIMARILY BY OWNING AND OPERATING, EITHER DIRECTLY OR THROUGH AFFILIATED ENTITIES, NONPROFIT HEALTH CARE FACILITIES AND SENIOR LIVING COMMUNITIES. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 146553 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 146553 |
| IRS990/AllOtherContributionsAmt | 0 | 150 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 168867 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 168867 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JAMES M CHANCE |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2147252837 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1500 WATERS RIDGE DR 100 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LEWISVILLE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 75057 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 14765468 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 14873667 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 16 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 172851 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 172851 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 101350 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 101350 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 20577582 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 7417787 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 858834 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 3 | 640085 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 4 | 383415 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 1500 WATERS RIDGE DRIVE STE 200 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 17521 US HWY 69 SOUTH STE 120 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 14800 FRY ROAD 2ND FLOOR |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 3 | 17521 US HWY 69 SOUTH STE 120 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 4 | 33313 COLLECTION CENTER DRIVE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | LEWISVILLE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | TYLER |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | FORT WORTH |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 3 | TYLER |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 4 | CHICAGO |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 3 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 4 | IL |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 75057 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 75703 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 76155 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 3 | 75703 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 4 | 60693 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | STONEGATE SENIOR LIVING LLC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | REHAB PRO |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | SHIFTKEY LLC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 3 | LIFETIME WELLNESS |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 4 | COLLAIN HEALTHCARE |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | MANAGEMENT COMPANY |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | THERAPY SERVICES |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | NURSE STAFFING SERVICE |
| IRS990/ContractorCompensationGrp/ServicesDesc | 3 | THERAPY SERVICES |
| IRS990/ContractorCompensationGrp/ServicesDesc | 4 | ACCOUNTING SERVICES |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1418620 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 3383901 |
| IRS990/CYOtherExpensesAmt | 0 | 107718603 |
| IRS990/CYOtherRevenueAmt | 0 | 346750 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 210130413 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -6868134 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 114429215 |
| IRS990/CYTotalExpensesAmt | 0 | 222147818 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 215279684 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 885011 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 1049472 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 16856541 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 16856541 |
| IRS990/Desc | 0 | PRESERVATION FREEHOLD COMPANY, A PUBLIC CHARITY ORGANIZED FOR THE PURPOSE OF RELIEVING THE DISTRESSED THROUGH THE PROVISION OF HOUSING DESIGNED SPECIFICALLY TO ACCOMMODATE AND ADDRESS CERTAIN PHYSICAL, SOCIAL, AND CIVIC NEEDS OF THE ELDERLY, WHILE PROMOTING THE CONTINUED DIGNITY AND WELL-BEING OF ITS RESIDENTS, OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, CARRIED OUT THESE PURPOSES PRIMARILY BY OWNING AND OPERATING, EITHER DIRECTLY OR THROUGH AFFILIATED ENTITIES, NONPROFIT HEALTH CARE FACILITIES AND SENIOR LIVING COMMUNITIES. |
| 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 | 5587 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/EscrowAccountInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 197916523 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 194787 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 194787 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 470262 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 470262 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 14838951 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 14838951 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 18405099 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 18405099 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 81.84 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 83.56 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 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/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 19803 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 33670 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 41346 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 19041 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | JAMES CHANCE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | THOMAS E LANGDON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DANA ARNETTE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DARREL MCGEHEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | GIBSON VERNON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | LEE SUDBECK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | EDWARD FOSAM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | SELINA MENSAH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JOHN FONANG |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 159962 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 231084 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 263104 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 233500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 221813 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 197682 |
| 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/TitleTxt | 0 | PRESIDENT & CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY AND TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | FACILITY EMPLOYEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | FACILITY EMPLOYEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | FACILITY EMPLOYEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | FACILITY EMPLOYEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | FACILITY EMPLOYEE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2009 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GovernmentGrantsAmt | 0 | 1418470 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 215279684 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 76 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 1351731 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 1351731 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 4419221 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 4419221 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 32792259 |
| IRS990/InterestGrp/TotalAmt | 0 | 32792259 |
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| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 3383901 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestTaxExemptBondsInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 1119 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
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| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 447659506 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 507182363 |
| IRS990/LegalDomicileStateCd | 0 | TX |
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| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | SEE SCHEDULE O FOR THE ORGANIZATION'S DEFINED MISSION STATEMENTPRESERVATION FREEHOLD COMPANY IS A PUBLIC CHARITY ORGANIZED FOR THE PURPOSE OF RELIEVING THE DISTRESSED THROUGH THE PROVISION OF HOUSING DESIGNED SPECIFICALLY TO ACCOMMODATE AND ADDRESS CERTAIN PHYSICAL, SOCIAL, AND CIVIC NEEDS OF THE ELDERLY, WHILE PROMOTING THE CONTINUED DIGNITY AND WELL-BEING OF ITS RESIDENTS. THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. WITHIN THE SCOPE OF THE FOREGOING PURPOSES, BUT NOT BY WAY OF LIMITATION THEREOF, THE CORPORATION SHALL CARRY OUT THESE PURPOSES PRIMARILY BY OWNING AND OPERATING, EITHER DIRECTLY OR THROUGH AFFILIATED ENTITIES, NONPROFIT HEALTH CARE FACILITIES AND SENIOR LIVING COMMUNITIES. |
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| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 1612528 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1826574 |
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| IRS990/Organization501c3Ind | 0 | X |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 9380731 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
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| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 3172657 |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 2238959 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 199487 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 181773 |
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| IRS990/OtherExpensesGrp/TotalAmt | 1 | 2238959 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 199487 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 181773 |
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| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 8167477 |
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| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 1745517 |
| IRS990/PrincipalOfficerNm | 0 | JAMES M CHANCE |
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| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 624200 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 624100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 561000 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | ROOM & BOARD |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | MEDICAL SERVICES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | MANAGEMENT FEES |
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| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 60918462 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 22779390 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 3662640 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 122769921 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 60918462 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 22779390 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 3662640 |
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| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 3100487 |
| IRS990/PYOtherExpensesAmt | 0 | 108052278 |
| IRS990/PYOtherRevenueAmt | 0 | 320545 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 197430832 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -13098309 |
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| IRS990/PYTotalRevenueAmt | 0 | 205484800 |
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| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 1 |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
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| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 208379 |
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| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 92723245 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 11442750 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 708370659 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 3383901 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 3100487 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 632107 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 3764 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 7120259 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00960 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00710 |
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| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 320545 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 194927 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 237070 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 55392 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 1154684 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.98880 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99140 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 732944408 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
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| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 208185961 |
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| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 11651129 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 732944408 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 215279684 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 205484800 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 209012995 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 99735351 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 11706521 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 741219351 |
| 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 | 400859348 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 47365334 |
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