FARMINGTON HILLS, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOMEOWNERSHIP PRESERVATION FOUNDATION, founded in 2003, is a mid-sized nonprofit in the Human Services sector that reported $14.1M in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum.
PROVIDES EDUCATION AND COUNSELING TO FINANCIALLY DISTRESSED HOMEOWNERS TO PRESERVE AND PROMOTE HOMEOWNERSHIP.
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...
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.
GENERAL COUNSELING: HPF PROVIDES COMPREHENSIVE HOMEOWNER EDUCATION AND CONFIDENTIAL FORECLOSURE PREVENTION COUNSELING AT NO COST TO HOMEOWNERS THROUGH THE HOMEOWNER'S 995HOPE HOTLINE. CERTIFIED...
GENERAL 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 8-10 PM EST, F 8-8 PM EST AND SATURDAY 9-6 PM EST WITH CALLBACK SERVICE AVAILABLE OUTSIDE OF LIVE OPERATING HOURS. THE HOMEOWNER'S 995HOPE HOTLINE HAS RECEIVED MORE THAN NINE MILLION CALLS AND HAS COUNSELED OVER TWO MILLION HOMEOWNERS SINCE 2007. THE HOTLINE RECEIVED MORE THAN 97,000 CALLS FROM HOMEOWNERS NAVIGATING FINANCIAL HARDSHIPS AND STRESS IN 2023. 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.
POST 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...
POST 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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $14,063,939 | $10,640,592 | +0.3% |
| Expenses | $13,663,982 | $10,256,218 | +0.3% |
| Net Income | $399,957 | $384,374 | +0.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CAREY PACHLA | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHELLE GREENE | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANTHONY ZAMBELLI | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| WILLIAM RICHARDS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN FIRTH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRUCE GOTTSCHALL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE LAFEIR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSHUA SLEDGE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHAWN STEWART | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JANE SYDLOWSKI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KRISTEN HOLT | PRESIDENT & CEO | 2.00 |
Officer
|
$0 | $29,468 | $536,466 |
| RICHARD T HOLLIS | CHIEF FINANCIAL OFFICER | 5.00 |
Officer
|
$0 | $28,779 | $312,903 |
| SIREESHA MANDAVA | CHIEF INFORMATION OFFICER | 6.00 |
Key Emp
|
$0 | $26,536 | $354,422 |
| RODERICK MCGINNISS | SVP - BUSINESS DEVELOPMENT | 40.00 |
Highest
|
$0 | $28,240 | $216,295 |
| JENNIFER FRASER | DIRECTOR OF STAKEHOLDER ENGAGEMENT & CCO | 20.00 |
Highest
|
$0 | $33,499 | $228,831 |
| RICHARD BIALOBRZESKI | CHIEF BUSINESS DEVELOPMENT OFFICER | 2.00 |
Highest
|
$0 | $28,466 | $309,992 |
| MICHAEL SHINKONIS | DIRECTOR OF FINANCE AND ACCOUNTING | 2.00 |
Highest
|
$0 | $23,368 | $201,820 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $14,063,939 | $13,663,982 | $11,041,312 | $399,957 |
| 2022 | $10,640,592 | $10,256,218 | $10,911,422 | $384,374 |
| 2021 | $7,508,104 | $6,714,487 | $9,859,367 | $793,617 |
| 2020 | $8,962,581 | $8,067,445 | $9,160,530 | $895,136 |
| 2019 | $7,152,479 | $6,666,689 | $8,036,330 | $485,790 |
| 2018 | $7,194,035 | $10,711,906 | $6,575,515 | $-3,517,871 |
Compare HOMEOWNERSHIP PRESERVATION FOUNDATION with other nonprofits in Michigan and across the country.