Wisconsin Housing Preservation Corp
Wisconsin Housing Preservation Corp reported $85.3 million in revenue and $78.2 million in expenses for calendar year 2025. Of every $100 it spent, $89.45 went to program services, $10.55 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 92.1% of the total. The highest compensation it reported for one person was $408,187 (COO/PRESIDENT (START APR 2025)). 18 people received more than $100,000 in reportable compensation. Revenue rose 43% between 2019 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $78MFor 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
Calendar year 2025 · Form 990, Part VIII · total revenue $85MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.4% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.6% | 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 | 2.5% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.5% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 92.1% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $408,187 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.52% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 18 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 25.3 | 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
2025 · Form 990, Part III · the three largest programs by expenseWhpc acquired 98 additional housing units in 2025. The total of leasable units in the whpc portfolio is 9,448 at december 31, 2025, and the total number of projects is 158, in which whpc had full ownership or a limited interest in. At december 31, 2025, there are 5,914 units, or 98 projects, that are 100% owned by whpc. This form 990 submission includes the operating activity of 98 projects. Four other projects with 64 units owned by 3 individual entities file separate forms 990. Whpc has an ownership interest and is the managing member of another 3,534 units, or 56 projects, which are…
Highest reported compensation
2025 · 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 |
|---|---|---|---|---|
| COO/PRESIDENT (START APR 2025) Officer, 40.00 hrs/week | $372,928 | $0 | $35,259 | $408,187 |
| CHIEF FINANCIAL & INFORMATION OFFICER Officer, 40.00 hrs/week | $308,083 | $0 | $34,290 | $342,373 |
| SENIOR VP & GENERAL COUNSEL Officer, 40.00 hrs/week | $308,356 | $0 | $18,971 | $327,327 |
| SENIOR VP OF ASSET MANAGEMENT Highest compensated employee, 40.00 hrs/week | $198,162 | $0 | $22,007 | $220,169 |
| VP OF REAL ESTATE FINANCE Highest compensated employee, 40.00 hrs/week | $183,352 | $0 | $36,052 | $219,404 |
| VP OF DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $169,356 | $0 | $26,620 | $195,976 |
| DIRECTOR OF ACCOUNTING Highest compensated employee, 40.00 hrs/week | $154,241 | $0 | $34,354 | $188,595 |
| VP OF CONSTRUCTION Highest compensated employee, 40.00 hrs/week | $163,076 | $0 | $25,211 | $188,287 |
18 people received more than $100,000 in reportable compensation from Wisconsin Housing Preservation Corp (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · 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 15aYes
- 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 4Yes
- 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
Largest outside contractors
2025 · Form 990, Part VII, Section B · businesses only| MCGANN CONSTRUCTION Construction services | $32,071,758 |
| ICONICA INC Construction services | $8,394,436 |
| ACC MANAGEMENT GROUP INC Property management | $3,314,159 |
| GIERTSEN COMPANY OF WISCONSIN Construction services | $2,747,492 |
| MERIDIAN GROUP Property management | $1,832,059 |
Individuals listed as contractors are left out. 56 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Wisconsin Housing Preservation Corp's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Wisconsin Housing Preservation Corp, you can publish a response that is linked from this page.
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Of every $100 Wisconsin Housing Preservation Corp spent in 2025, $89.45 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- AlliesHamilton, NJ · revenue $85M · programs 86.5% · FY2025
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- Horizon Development PropertiesCharlotte, NC · revenue $84M · programs 98.1% · 2024
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All housing & shelter charities · Largest charities in Wisconsin
Questions people ask
How much of Wisconsin Housing Preservation Corp's spending goes to programs?
In calendar year 2025, Wisconsin Housing Preservation Corp reported that 89.4% of its $78.2 million in expenses went to program services, 10.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Wisconsin Housing Preservation Corp pay its top executive?
The largest total compensation Wisconsin Housing Preservation Corp reported for one person in calendar year 2025 was $408,187, for the role of COO/PRESIDENT (START APR 2025) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Wisconsin Housing Preservation Corp get its money?
Of $85.3 million in revenue in calendar year 2025, 2.5% came from contributions and grants (including 2.5% from government grants) and 92.1% from program service revenue (Form 990, Part VIII).
Is Wisconsin Housing Preservation Corp a registered charity?
The IRS lists EIN 30-0002040 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202622379349301347 · read the filing
- 2024: Form 990 for calendar year 2024, object 202531749349300538 · read the filing
- 2023: Form 990 for calendar year 2023, object 202412149349300826 · read the filing
- 2022: Form 990 for calendar year 2022, object 202302069349301000 · read the filing
- 2021: Form 990 for calendar year 2021, object 202221929349301857 · read the filing
- 2020: Form 990 for calendar year 2020, object 202102569349301460 · read the filing
- 2019: Form 990 for calendar year 2019, object 202041889349301509 · read the filing
All filings for EIN 30-0002040: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.