Mof - Preservation of Affordability Corp
DEVELOP AND OPERATE LOW-MODERATE INCOME HOUSING NATIONWIDE AS A PART OF THE PARENT'S CHARITABLE OUTREACH/SOCIAL SERVICES PLAN
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$56.4M
+6.6% YoY
Revenue
$20.2M
-65.9% YoY
Net Investment Income
$147K
-99.6% YoY
Expenses
$17.2M
+9.2% YoY
About Mof - Preservation of Affordability Corp
Based on IRS filings
Mof - Preservation of Affordability Corp is a nonprofit organization focused on Housing & Shelter, based in CORDOVA, TN. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $56.4M in total assets. Net investment income was $147K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $56,421,307 | $52,907,364 | $98,746,932 |
| Revenue | $20,242,196 | $59,402,793 | $61,495,964 |
| Expenses | $17,154,262 | $15,704,784 | $49,825,036 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $147,365 | $35,039,490 | $46,333,591 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2023
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2023.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD HAMLET | PRESIDENT | 25 | — |
| PHILIP ROBERTS | DIRECTOR | 1 | — |
| THOMAS STOVALL | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mof - Preservation of Affordability Corp?
Mof - Preservation of Affordability Corp is a nonprofit organization focused on Housing & Shelter, based in CORDOVA, TN. It holds $56.4M in total assets as of 2023.
How large is Mof - Preservation of Affordability Corp?
As of 2023, Mof - Preservation of Affordability Corp holds $56.4M in total assets with $20.2M in annual revenue.
Where does Mof - Preservation of Affordability Corp operate?
Mof - Preservation of Affordability Corp has awarded grants in Tennessee.
What is Mof - Preservation of Affordability Corp's EIN?
Mof - Preservation of Affordability Corp's EIN (Employer Identification Number) is 56-2444917. IRS Form 990 filing data is available on this page for 2020–2023.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.