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Wisconsin · Nonprofit

WISCONSIN HOUSING PRESERVATION CORP

WISCONSIN HOUSING PRESERVATION CORP (Wisconsin) receives grants from 4 organizations whose IRS filings report $495,500 to it, the largest being HOME OF OUR OWN INC ($300,000). 1 of them have funded it in more than one year.

Revenue FY2025
$85M
Funders on record
4
Grants received
$496k
Net assets
$165M
1/4 repeat funderspeak grant-dependency 1%
01What it does

What Wisconsin Housing Preservation Corp does

Mission

Whpc acquires, preserves and develops low-income and affordable housing in wisconsin. The majority of the housing is subsidized through the u.s. Department of housing and urban development, u.s.d.a. Rural development, federal and state grants, and other housing programs.

As stated on its FY2025 Form 990.

Program

  1. Whpc acquired 98 additional housing units in 2025. The total of leasable units in the whpc portfolio is 9,448 at december 31, 2025, and the total number of projects is 158, in which whpc had full ownership or a limited interest in. At december 31, 2025, there are 5,914 units, or 98 projects, that are 100% owned by whpc. This form 990 submission includes the operating activity of 98 projects. Four other projects with 64 units owned by 3 individual entities file separate forms 990. Whpc has an ownership interest and is the managing member of another 3,534 units, or 56 projects, which are reported on separate tax returns. Of the properties included in this submission, 98 projects operate with subsidies received from us department of housing and urban development (hud) and 18 projects with subsidies received from usda rural development (rd), all of which are majority rent and income restricted. In addition to rental subsidies, whpc receives funds from 28 annual grants, supporting 35 hud projects (62 locations) in the multifamily service coordinator (mfsc) program. This enables projects to hire specialized staff for case management and referral services, linking them to community…

    $69,964,797 spent$78,500,663 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $69,964,797.

02The organization over time

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.

100 = 20172017 Revenue 100 ($45M) Expenses 100 ($42M) Net assets 100 ($115M)2018 Revenue 122 ($54M) Expenses 113 ($47M) Net assets 106 ($123M)2019 Revenue 134 ($60M) Expenses 115 ($48M) Net assets 117 ($135M)2020 Revenue 119 ($53M) Expenses 115 ($48M) Net assets 121 ($139M)2021 Revenue 121 ($54M) Expenses 118 ($49M) Net assets 127 ($146M)2022 Revenue 127 ($57M) Expenses 131 ($55M) Net assets 131 ($151M)2023 Revenue 165 ($73M) Expenses 165 ($69M) Net assets 134 ($155M)2024 Revenue 178 ($79M) Expenses 177 ($74M) Net assets 138 ($159M)2025 Revenue 191 ($85M) Expenses 187 ($78M) Net assets 143 ($165M)
'17'18'19'20'21'22'23'24'25
Revenue (191)Expenses (187)Net assets (143)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $407M to $470M (+16%).

$342M
$340M
$342M
$347M
$363M
$407M
$470M
$522M
$516M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 47% · 2018 7% · 2019 1% · 2020 4% · 2021 10% · 2022 12% · 2023 12% · 2024 7% · 2025 3%. Grants only. Government contracts and fees sit inside program revenue.

3% of WISCONSIN HOUSING PRESERVATION CORP’s revenue is contributions — about as donation-reliant as the typical peer (13% for the typical peer).

This organization
Typical peer · 881 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$2.7M
’17
$7.1M
’18
$12M
’19
$4.9M
’20
$4.5M
’21
$1.5M
’22
$4.5M
’23
$5.0M
’24
$7.0M
’25
6.5
months of
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.

'17'18'19'20'21'22'23'24'25
Listed101010151718191818
Joined·+1+1+6+3+4+4+2+2
No longer listed·11113332
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income fell $300k → $50k.

Funder
'20
'21
'22
'23
'24*
total
$300k
Elevate Energyunclassified
$194k
funders
1
1
1
1
2

From the IRS filings of WISCONSIN HOUSING PRESERVATION CORP’s funders (the co-funder graph). Top 3 of 4 funders by total. 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.

How concentrated its funding is

WISCONSIN HOUSING PRESERVATION CORP leans on a few funders — its largest provides 61% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund WISCONSIN HOUSING PRESERVATION CORP.

61%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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

61% of WISCONSIN HOUSING PRESERVATION CORP's grant income comes from Wisconsin funders.

IL
WI
MO

In-state vs out-of-state, by year

’20
’21
’22
’23
Wisconsin out of state home

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.

04Its place in the field

Against its field

WISCONSIN HOUSING PRESERVATION CORP holds deeper cash reserves than three-quarters of the 449 housing & shelter nonprofits its size.

Operating margin8% · above the median
Months of reserve6.5mo · top quartile
Revenue growth (annualized)8% · below the median

this organization peer median middle 50% of peers· 449 housing & shelter nonprofits $10M–$100M, FY2025

Government funding WISCONSIN HOUSING PRESERVATION CORP receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $25.5M on record.

Federal$25.5M
grants $25.5Mcontracts $0
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of the Treasury$24.3M
  • Department of Housing and Urban Development$1.3M

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 WISCONSIN HOUSING PRESERVATION CORP

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 Wisconsin

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 11%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

94%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

WI

Part of a family of 115 related entities

  • Chateau Regency · disregarded
  • Oakwood Terrace Portland Square · disregarded
  • Whpc - Edgewood Manor · disregarded
  • Whpc - Kennedy Heights · disregarded
  • Whpc - Edgewater · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for WISCONSIN HOUSING PRESERVATION CORP: 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.

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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 WISCONSIN HOUSING PRESERVATION CORP?
WISCONSIN HOUSING PRESERVATION CORP (Wisconsin) receives grants from 4 organizations whose IRS filings report $495,500 to it, the largest being HOME OF OUR OWN INC ($300,000). 1 of them have funded it in more than one year.
How many funders does WISCONSIN HOUSING PRESERVATION CORP have?
IRS filings report 4 organizations giving $495,500 in grants to WISCONSIN HOUSING PRESERVATION CORP, 1 of which have funded it in more than one year.
Who is the largest funder of WISCONSIN HOUSING PRESERVATION CORP?
HOME OF OUR OWN INC is the largest funder on record, with $300,000 in grants. The full list of funders is on this page.
How can an organization like WISCONSIN HOUSING PRESERVATION CORP find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. 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 Wisconsin Housing Preservation →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 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