Preservation Freehold Company

Housing & shelter organization based in Lewisville, TX. 5,587 employees. Exempt under §501(c)(3).

MissionSEE SCHEDULE O FOR THE ORGANIZATION'S DEFINED MISSION STATEMENTPRESERVATION FREEHOLD COMPANY IS A PUBLIC CHARITY ORGANIZED FOR THE PURPOSE OF RELIEVING THE DISTRESSED THROUGH THE PROVISION OF HOUSING DESIGNED SPECIFICALLY TO ACCOMMODATE AND ADDRESS CERTAIN PHYSICAL, SOCIAL, AND

Financial snapshot · TY 2024

$215.3M
Total revenue
$222.1M
Total expenses
$561.0M
Net assets

Financial health · TY 2024

41
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-2.2 months of expenses
Program efficiency
98
89.1% spent on programs
Revenue diversity
9
Mix of program fees, grants & contributions

Leadership compensation

Lee Sudbeck
FACILITY EMPLOYEE
$304,450
82th percentile vs. peers
Gibson Vernon
FACILITY EMPLOYEE
$264,754
82th percentile vs. peers
Edward Fosam
FACILITY EMPLOYEE
$252,541
82th percentile vs. peers
Selina Mensah
FACILITY EMPLOYEE
$221,813
82th percentile vs. peers
John Fonang
FACILITY EMPLOYEE
$197,682
82th percentile vs. peers

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Preservation Freehold Company Executive Compensation | 990 Data | DoubleNine