Community Asset Preservation Corporation
Community Asset Preservation Corporation reported $10.1 million in revenue and $6.3 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $99.17 went to program services, $0.83 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 73.7% of the total. Government grants made up 7.9%. The highest compensation it reported for one person was $750,909 (PRESIDENT & CHIEF EXECUTIVE OFFICER). Revenue rose 62% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $6.3MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $10M- Contributions & grants (non-government)$5.38 $550K
- Government grants$7.83 $800K
- Program service revenue$13.66 $1.4M
- Investment income$73.13 $7.5M
Other revenue was negative: −$74,223. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 99.2% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.8% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 13.3% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 7.9% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 13.8% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $750,909 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 11.85% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 0 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.3 | 10.0 |
| Independent voting board members Part VI 1a–1b | 9 of 9 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseTo stabilize neighborhoods and protect communities. To work with municipalities, lenders, and community groups to turn foreclosed properties, vacant buildings, and abandoned homes into affordable housing. To work with lenders to acquire distressed mortgage notes and reos to prevent, or at least limit properties from becoming nuisances in communities. Work with numerous community groups, socially-minded for-profit organizations, and community development corporations to revitalize particular areas and rehabilitate homes
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CHIEF EXECUTIVE OFFICER Officer, 8.00 hrs/week | $0 | $722,475 | $28,434 | $750,909 |
| GENERAL COUNSEL & CHIEF COMPLIANCE OFFICER Officer, 9.00 hrs/week | $0 | $336,375 | $52,387 | $388,762 |
| CHIEF FINANCIAL OFFICER Officer, 9.00 hrs/week | $0 | $328,591 | $12,205 | $340,796 |
| MANAGING DIRECTOR, REAL ESTATE Key employee, 49.00 hrs/week | $0 | $259,385 | $47,414 | $306,799 |
| CHIEF HUMAN RESOURCES OFFICER Key employee, 20.00 hrs/week | $0 | $195,014 | $15,032 | $210,046 |
| DIRECTOR, CONSTRUCTION Key employee, 50.00 hrs/week | $0 | $194,334 | $6,330 | $200,664 |
| CONTROLLER Officer, 8.00 hrs/week | $0 | $166,799 | $31,891 | $198,690 |
| BROKER OF RECORD Highest compensated employee, 40.00 hrs/week | $0 | $123,799 | $42,655 | $166,454 |
0 people received more than $100,000 in reportable compensation from Community Asset Preservation Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $527K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 612
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SILVA ASSOCIATES & CONSULTING LLC Construction services | $454,038 |
| SIGMA SOLAR & ROOFING LLC Construction services | $261,940 |
| LOWENSTEIN SANDLER PC Legal services | $122,037 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Community Asset Preservation Corporation totaling $35,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Community Asset Preservation Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Community Asset Preservation Corporation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Community Asset Preservation Corporation spent in FY2025, $99.17 went to programs. The full breakdown, from its IRS Form 990:
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- Corporate Fund for HousingLong Beach, CA · revenue $10M · programs 99.6% · 2024
All housing & shelter charities · Largest charities in New Jersey
Questions people ask
How much of Community Asset Preservation Corporation's spending goes to programs?
In the fiscal year ending September 30, 2025, Community Asset Preservation Corporation reported that 99.2% of its $6.3 million in expenses went to program services, 0.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Community Asset Preservation Corporation pay its top executive?
The largest total compensation Community Asset Preservation Corporation reported for one person in the fiscal year ending September 30, 2025 was $750,909, for the role of PRESIDENT & CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Community Asset Preservation Corporation get its money?
Of $10.1 million in revenue in the fiscal year ending September 30, 2025, 13.3% came from contributions and grants (including 7.9% from government grants) and 13.8% from program service revenue (Form 990, Part VIII).
Is Community Asset Preservation Corporation a registered charity?
The IRS lists EIN 26-4008074 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202622259349300247 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202512269349300511 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202412289349302101 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202342269349301139 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202242239349300419 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202102249349300735 · read the filing
All filings for EIN 26-4008074: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.