SOUTHEASTERN HOUSING PRESERVATION INC Charity Report

Public IRS 990 nonprofit record

SOUTHEASTERN HOUSING PRESERVATION INC

EIN 56-1856590 · Housing & Shelter (L200)

What they do

DEVELOP, OWN, MAINTAIN, OPERATE, and PROVIDE ASSISTANCE to RENTAL HOUSING PROJECTS for PERSONS of LOW to MODERATE INCOME OPERATING UNDER SECTION 515(B) of THE NATIONAL HOUSING ACT of 1949, AS AMENDED.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $94.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

49.17%of revenue went to mission work94.8% of expenses · Program services

$51.85spent for every $100 of revenueRevenue covered expenses this year.

2.68%of revenue went to management and office costs5.2% of expenses

$11.40in assets for every $1 spent this yearSome assets cannot be spent right away.

65.5%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,576,490

Mission workProgram services$1,266,86749.17% of revenue94.8% of expenses

ManagementOffice and general costs$68,9272.68% of revenue5.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$1,335,79451.85% of revenue

The uncolored part of the ring is revenue above these reported expenses.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202394.8% mission

202294.9% mission

202196.4% mission

202097.1% mission

201996.1% mission

201895.9% mission

201796.4% mission

201697.7% mission

Money in and money out

Revenue$2,576,490

Expenses$1,335,794

Annual surplus $1,240,696 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,266,867 · 94.8% of expenses

Management and office costs$68,927 · 5.2% of expenses

See all reported dollar amounts

Revenue$2,576,490

Expenses$1,335,794

Assets$15,233,587

Income$3,600,357

Contributions$1,687,258

Mission work (program services)$1,266,867

Management and general$68,927

Accounting fees$15,600

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

See everyone listed on the board or leadership roster (5)

CASEY STANSBURYSECRETARY/TREASURER

IRA M SLOMKAPRESIDENT

JASON MACARTHURDIRECTOR

ROBERT NETTLESDIRECTOR

TAMI FOSSUMDIRECTOR

About this charity

Recognized since: January 1994
Location: 1515 MOCKINGBIRD LANE 10TH FLOOR, CHARLOTTE, NC 28209
County: Mecklenburg
In care of: IRA M SLOMKA
Primary officer: IRA M SLOMKA, PRESIDENT

How to reach them

Phone(704) 335-9112 Officer phone(704) 335-9122

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: BERNARD ROBINSON & COMPANY LLP
NTEE classification: Housing & Shelter (L200)