Nonprofit · EIN 38-2822223
PRESERVATION NON-PROFIT HOUSING CORPORATION
Tax-exempt (reinstated) · LANSING, MI 48910
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $202,558 | $282,923 | -$80,365 | $7,482,591 | $2,410,226 | $5,072,365 |
| December 31, 2023 | 990 | $122,806 | $1,929,551 | -$1,806,745 | $5,216,532 | $677,681 | $4,538,851 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $106,318
- Investment income
- $96,240
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $3,500
- Accounting fees
- $6,487
- Program services (functional)
- $263,405
- Management and general (functional)
- $19,518
Balance sheet and other
- Total assets, start of year
- $5,216,532
- Total assets, end of year
- $7,482,591
- Total liabilities, end of year
- $2,410,226
- Net assets, end of year
- $5,072,365
- Land, buildings and equipment
- $905,333
- Gross receipts
- $202,558
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1988
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DEB TOBY | SECRETARY/TREASURER/DIRECTOR Trustee or director, Officer | 1 | $0 | $576,441 | $34,231 |
| LUCIUS VASSAR | ASSISTANT SECRETARY Trustee or director, Officer | 1 | $0 | $457,997 | $44,409 |
| KEITH BROADNAX | VICE-CHAIR/VICE-PRESIDENT Trustee or director, Officer | 1 | $0 | $269,018 | $34,443 |
| MIKE WITT | PRESIDENT Trustee or director, Officer | 1 | $0 | $247,517 | $38,599 |
| LORA BRANTLEY-GILBERT | CHAIR/VICE-PRESIDENT Trustee or director, Officer | 1 | $0 | $144,310 | $26,050 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DEB TOBY | SECRETARY/TREASURER/DIRECTOR Trustee or director, Officer | 1 | $0 | $524,254 | $32,221 |
| LUCIUS VASSAR | ASSISTANT SECRETARY Trustee or director, Officer | 1 | $0 | $412,350 | $42,377 |
| MIKE WITT | PRESIDENT Trustee or director, Officer | 1 | $0 | $257,374 | $36,474 |
| KEITH BROADNAX | VICE-CHAIR/VICE-PRESIDENT Trustee or director, Officer | 1 | $0 | $247,496 | $33,376 |
| LORA BRANTLEY-GILBERT | CHAIR/VICE-PRESIDENT (PAST PRESIDENT) Trustee or director, Officer | 1 | $0 | $144,278 | $25,938 |
Address and contacts
- Address (IRS master file)
- 1118 S WASHINGTON AVE, LANSING, MI 48910-1659
- Principal officer (990 for 2024)
- BRETT OUMEDIAN, 1118 S WASHINGTON AVENUE, LANSING, MI 48910
- Signed the 990
- BRETT OUMEDIAN, CFO
- Phone
- (517) 482-8555
- Return prepared by
- MANER COSTERISAN PC
Mission
THE ORGANIZATION'S MISSION IS TO COMBAT COMMUNITY DETERIORATION, ELIMINATE SLUM AND BLIGHT, STIMULATE COMMUNITY REVITALIZATION, ENCOURAGE ECONOMIC DEVELOPMENT THAT BENEFITS DISADVANTAGED PERSONS AND DISTRESSED AREAS, AND TO ENGAGE WITH PARTNERS TO ENHANCE OUR ECONOMIC AND CULTURAL FUTURE THROUGH THE PRESERVATION OF HISTORIC BUILDINGS AS A POSITIVE FORCE FOR ECONOMIC DEVELOPMENT.
Program accomplishments
- THE ORGANIZATION WHOLLY OWNS CINNAIRE PRESERVATION & REHABILITATION, LLC WHICH OWNS AN INTEREST IN A NUMBER OF MICHIGAN BROWNFIELD TAX CREDITS THAT ARE BEING MONETIZED BY THE STATE OF MICHIGAN WHICH HELPS STIMULATE COMMUNITY REVITALIZATION AND ENCOURAGE ECONOMIC DEVELOPMENT.Expenses $263,405 · revenue $106,318
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 38-2822223
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $7,482,591
- Income (IRS master file)
- $202,558
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- June 9, 2011
- Reinstated
- Effective May 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $202,558 | $282,923 | $7,482,591 | XML |
| 990 | December 2023 | $122,806 | $1,929,551 | $5,216,532 | XML |
| 990 | December 2022 | $906,482 | $1,690,358 | $6,345,597 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-2822223).
Questions about PRESERVATION NON-PROFIT HOUSING CORPORATION
- What is the EIN of PRESERVATION NON-PROFIT HOUSING CORPORATION?
- The employer identification number (EIN) of PRESERVATION NON-PROFIT HOUSING CORPORATION is 38-2822223.
- Is PRESERVATION NON-PROFIT HOUSING CORPORATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
- Are donations to PRESERVATION NON-PROFIT HOUSING CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRESERVATION NON-PROFIT HOUSING CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PRESERVATION NON-PROFIT HOUSING CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRESERVATION NON-PROFIT HOUSING CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PRESERVATION NON-PROFIT HOUSING CORPORATION?
- The 990 for the year ended December 31, 2024 names BRETT OUMEDIAN.
- Who are the officers and directors of PRESERVATION NON-PROFIT HOUSING CORPORATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does PRESERVATION NON-PROFIT HOUSING CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $202,558, expenses of $282,923 and total assets of $7,482,591 at year end.
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- CINNAIRE SOLUTIONS CORPORATION EIN 38-3225995 · last filed 990-PF for 2024
- CAPITAL AREA HOUSING PARTNERSHIP EIN 38-3099281 · last filed 990 for 2025
- HABITAT FOR HUMANITY INTERNATIONAL INC EIN 38-3142455 · last filed 990 for 2025
- CITY RESCUE MISSION OF LANSING MICHIGAN EIN 38-1626400 · last filed 990 for 2024
- HABITAT FOR HUMANITY INTERNATIONAL INC EIN 38-2716658 · last filed 990 for 2025
- NEIGHBORHOOD CAPITAL FUNDING INC EIN 11-3829932 · last filed 990 for 2025