2024-11-15T17:25:01-05:00 2023-12-31 274326984 MCNORTON ISHEE & JONES PC 720 EXECUTIVE PARK DRIVE MOBILE AL 36606 990 2023-01-01 821151483 PRESERVATION HOUSING INC PRES 2516507337 P O BOX 16506 MOBILE AL 36616 PATRICK J COFFEY PRESIDENT 2516507337 2024-11-15 true true JACQUELIN M JONES P00640648 2513163636 2024-11-15 2023 2024-10-15 13:58:12Z PATRICK J COFFEY P O BOX 16506 MOBILE AL 36616 8179879 false X N/A X 2017 AL TO CREATE AND PRESERVE SAFE AND AFFORDABLE HOUSING COMMUNITIES FOR LOW AND MODERATE-INCOME INDIVIDUALS, FAMILIES, THE ELDERLY AND THE DISABLED AND TO PROVIDE SOCIAL AND EDUCATION SERVICES BENEFICIAL TO THE RESIDENTS IN THOSE COMMUNITIES. 3 3 0 0 0 8632693 8179879 6517632 0 -32 0 15150293 8179879 0 0 1321340 1220875 0 0 10202657 8250788 11523997 9471663 3626296 -1291784 41583416 40441323 40987318 41044555 596098 -603232 X TO CREATE AND PRESERVE SAFE AND AFFORDABLE HOUSING COMMUNITIES FOR LOW AND MODERATE-INCOME INDIVIDUALS, FAMILIES, THE ELDERLY AND THE DISABLED AND TO PROVIDE SOCIAL AND EDUCATION SERVICES BENEFICIAL TO THE RESIDENTS IN THOSE COMMUNITIES. false false 9471663 8179879 PROVIDED AFFORDABLE HOUSING FOR RESIDENTS OF APARTMENT COMMUNITIES LOVATED IN INDIANA AND TEXAS. 9471663 true false false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false true false true false true false false false false true true false false false true 0 0 0 false false false false false false false false X 3 3 true true false false false false false true true false false false false false false false false false IN TX X PRESERVATION HOUSING INC 2516507337 P O BOX 16506 MOBILE AL 36616 X STEVEN ANDERSON TREASURER X X 0 0 0 PATRICK J COFFEY PRESIDENT X X 0 0 0 KIM O FARMER SECRETARY X X 0 0 0 false false false STONELAKE APARTMENTS 5541531 5541531 BAY TERRACE APARTMENTS 1374338 1374338 MAGNOLIA APARTMENTS 1263935 1263935 PEPPERMILL FARMS APARTMENRS 75 75 8179879 8179879 8179879 1128307 1128307 92568 92568 299273 299273 14521 14521 55580 55580 59758 59758 8176 8176 97706 97706 1862573 1862573 7086 7086 14855 14855 1535987 1535987 1502370 1502370 913336 913336 REPAIRS 1219291 1219291 CLEANING & MAINTENANCE 442315 442315 TAXES & LICENSES 217961 217961 9471663 9471663 0 0 1383299 268061 67041 149486 1944933 1945933 475195 349664 41879946 7483499 35294631 34396447 369810 306998 2048507 3024734 41583416 40441323 703485 821617 4087247 4542920 35763799 35372651 432787 307367 40987318 41044555 X 596098 -603232 596098 -603232 41583416 40441323 X -1291784 92454 X false false X 189377 189377 6518843 7257596 7822610 8632693 8179879 38411621 6518843 7257596 8011987 8632693 8179879 38600998 38600998 252 2473 8468 6517632 6528825 252 2473 8468 6517632 6528825 6519095 7260069 8020455 15150325 8179879 45129823 0.85530 0.14000 0.00000 X 4002000 4002000 37246683 6914024 30332659 76430 42648 33782 554833 526827 28006 34396447 DEPOSITS & RESERVES 1549886 OTHER ASSETS 1474848 3024734 OTHER LIABILITIES 307367 307367 PATRICK J COFFEY ACQUISITON NOTES X 2271460 false true true STEVEN ANDERSON ACQUISITION NOTES X 2271460 false true true 4542920 MULTIFAMILY MANAGEMENT INC RELATED PARTY 299273 MANAGEMENT FEES false PATRICK J COFFEY SPONSOR 2271460 LOANS false STEVEN ANDERSON SPONSOR 2271460 LOANS false SCHEDULE L, PART V TWO DIRECTORS OF ORGANIZATION OWN MULTIFAMILY MANGEMENT INC WHICH PROVIDES APARTMENT MANAGEMENT SERVICES FOR THE ORGANIZATION. FORM 990 - ORGANIZATION'S MISSION TO CREATE AND PRESERVE SAFE AND AFFORDABLE HOUSING COMMUNITIES FOR LOW AND MODERATE-INCOME INDIVIDUALS, FAMILIES, THE ELDERLY AND THE DISABLED AND TO PROVIDE SOCIAL AND EDUCATION SERVICES BENEFICIAL TO THE RESIDENTS IN THOSE COMMUNITIES. FORM 990, PAGE 6, PART VI, LINE 2 MULTIFAMILY MANAGEMENT INC SHAREHOLDER MULTIFAMILY MANAGEMENT INC SHAREHOLDER FORM 990, PAGE 6, PART VI, LINE 3 THE ORGANIZATION DELEGATED REAL ESTATE MANAGEMENT DUTIES TO MULTIFAMILY MANAGEMENT INC. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS PREPARED BY THE ORGANIZATION'S TAX PREPARER. AFTER REVIEW, THE FORM IS SUBMITTED TO THE ORGANIZATION'S GOVERNING BODY AND IS SIGNED AND FILED BY THE PRESIDENT OF THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 19 FORM 990 IS AVAILABLE DURING NORMAL BUSINES HOURS AT THE OFFICE OF THE MANAGING AGENT: MULTIFAMILY MANAGEMENT INC., 255 N JOACHIM ST., MOBILE, AL 36603. FORM 990, PART XI, LINE 9 BOOK/TAX TIMING DIFFERENCES 92,454 PHI STONELAKE LLC P O BOX 16506 MOBILE AL 36616 821985400 RES RENTAL IN PRESERVATI PHI MAGNOLIA LLC P O BOX 16506 MOBILE AL 36616 824320823 RES RENTAL IN PRESERVATI PHI PEPPERMILL LLC P O BOX 16506 MOBILE AL 36616 824381481 RES RENTAL IN PRESERVATI PHI BAY TERRACE LLC P O BOX 16506 MOBILE AL 36616 870877964 RES RENTAL IN PRESERVATI MICHAELM LLC PO BOX 16506 MOBILE AL 36616 834500383 REAL ESTAT LA N/A false true MULTIFAMILY MANAGEMENT INC P O BOX 16506 MOBILE AL 36616 204617516 PROP MGMT AL N/A false false false false false false false false false false false false false true false false false false false false MULTIFAMILY MANAGEMENT INC M 299273 MANAGEMENT FEES PAID