Michigan · Nonprofit
HOMEOWNERSHIP PRESERVATION FOUNDATION
HOMEOWNERSHIP PRESERVATION FOUNDATION (Michigan) receives grants from 1 organization whose IRS filings report $550,000 to it, the largest being The Bank of America Charitable Foundation Inc ($550,000). 1 of them have funded it in more than one year.
- Revenue FY2024
- $11M
- Funders on record
- 1
- Grants received
- $550k
- Net assets
- $8.9M
What Homeownership Preservation Foundation does
Mission
Provides education and counseling to financially distressed homeowners to preserve and promote homeownership.
As stated on its FY2024 Form 990.
Programs
Pre-purchase counseling: hpf administers affordable lending programs on behalf of bank and non-bank mortgage lenders. Hpf provides lenders low to moderate income clients access to hud certified housing counselors to support their ability to attain and sustain homeownership. Some of these affordable programs include access to down payment and closing cost assistance if the borrower completes homebuyer education and/or one-on-one housing counseling.
$9,898,710 spent$9,236,789 earned by the program89% of program spendingGeneral counseling: hpf provides comprehensive homeowner education and confidential foreclosure prevention counseling at no cost to homeowners through the homeowner's 995hope hotline. Certified housing counselors, through affiliated hud-approved nonprofit agencies, serve the homeowner's 995hope hotline. The hotline is available 24x7 and offers extended live operator hours m-th 8 am-10 pm est, and f 8 am-8 pm est. The homeowner's 995hope hotline has received more than nine million calls and has counseled over two million homeowners since 2007. The hotline received nearly 40,000 calls from homeowners seeking assistance navigating financial hardships and stress impacting their housing stability in 2024. Hpf clients receive one-on-one counseling and education focused on their unique financial circumstances and their housing goals. Callers are better equipped and confident to make sound financial decisions after participating in housing counseling.
$1,148,159 spent$1,070,107 earned by the program10% of program spendingPost modification program: the hpf model for post modification coaching delivers a scalable / nationwide delivery mechanism that has the capability to provide a holistic approach covering a homeowner's entire financial situation through high-touch coaching and education. Hpf works to help homeowners improve their financial capabilities, enabling them to successfully support their mortgage and other obligations. The coaching occurs over several months and is comprised of two to four sessions depending on the loan type.
$100,327 spent$92,360 earned by the program1% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $11,147,196.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $12M to $6.6M (−46%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 7% · 2018 7% · 2019 1%. Grants only. Government contracts and fees sit inside program revenue.
0% of HOMEOWNERSHIP PRESERVATION FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (21% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Kristen Holt
President & CEO
Board chair
Carey Pachla
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2019 → 2022: the base held at 1 funder, grant income fell $150k → $100k.
From the IRS filings of HOMEOWNERSHIP PRESERVATION FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
HOMEOWNERSHIP PRESERVATION FOUNDATION draws 100% of its grant income from funders outside Michigan, across 1 state in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HOMEOWNERSHIP PRESERVATION FOUNDATION's revenue fell 31% between 2017 and 2024.
this organization peer median middle 50% of peers· 3,288 human services nonprofits $10M–$100M, FY2024
Government funding HOMEOWNERSHIP PRESERVATION FOUNDATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.2M on record.
- Department of Housing and Urban Development$1.2M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like HOMEOWNERSHIP PRESERVATION FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Michigan
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
97% of spending goes to programs.
Governance
Public support
98%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 33 states
Part of a family of 5 related entities
- Greenpath Inc · exempt
- Rural Dynamics Inc · exempt
- Cccs of Delaware Valley · exempt
- Cccs of Puerto Rico Inc · exempt
- Greenpath Innovation Design · exempt
Screen this organization
A dated, signed PDF of the compliance screen for HOMEOWNERSHIP PRESERVATION FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HOMEOWNERSHIP PRESERVATION FOUNDATION?
- HOMEOWNERSHIP PRESERVATION FOUNDATION (Michigan) receives grants from 1 organization whose IRS filings report $550,000 to it, the largest being The Bank of America Charitable Foundation Inc ($550,000). 1 of them have funded it in more than one year.
- How many funders does HOMEOWNERSHIP PRESERVATION FOUNDATION have?
- IRS filings report 1 organization giving $550,000 in grants to HOMEOWNERSHIP PRESERVATION FOUNDATION, 1 of which have funded it in more than one year.
- Who is the largest funder of HOMEOWNERSHIP PRESERVATION FOUNDATION?
- The Bank of America Charitable Foundation Inc is the largest funder on record, with $550,000 in grants. The full list of funders is on this page.
- How can an organization like HOMEOWNERSHIP PRESERVATION FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Homeownership Preservation →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing