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Filing year 2023

PRESERVATION HOUSING PARTNERS

Bloomfield Hills, Michigan·EIN 20-3708317·NTEE L21 · Housing & Shelter·501(c)(3)
Total revenue
$3.2M
Total assets
$17.3M
Total expenses
$3.5M
Reported officers
7
Mission

TO CREATE AND PRESERVE AFFORDABLE HOUSING THROUGH THE INVESTMENT, CONSTRUCTION OR ACQUISITION AND REHABILITATION OF MULTIFAMILY RESIDENTIAL REAL ESTATE FOR VERY LOW THROUGH MODERATE INCOME TENANTS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Michigan.

President
Above 90th percentile
$340k
$370k
Base
$265k
Bonus
$75k
Other
Benefits
Treasurer
75th to 90th percentilevs Housing & Shelter peers nationwide
$170k
$185k
Base
$130k
Bonus
$40k
Other
Benefits
Asset Manager
Highest Compensated Employee
Above 90th percentile
$139k
$151k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at PRESERVATION HOUSING PARTNERS equaled 10% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
10%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about PRESERVATION HOUSING PARTNERS

What does the Chief Executive Officer of PRESERVATION HOUSING PARTNERS earn?

In 2023, the Chief Executive Officer of PRESERVATION HOUSING PARTNERS received $340,000 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Michigan: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PRESERVATION HOUSING PARTNERS compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Michigan, the 2023 pay of the Chief Executive Officer at PRESERVATION HOUSING PARTNERS falls in the top 10%. In 2023, the highest total compensation at PRESERVATION HOUSING PARTNERS equaled 10% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are PRESERVATION HOUSING PARTNERS's revenue and expenses?

In 2023, PRESERVATION HOUSING PARTNERS reported $3.2M in total revenue and $3.5M in total expenses on its IRS Form 990.

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