PRESERVATION FREEHOLD COMPANY
1500 WATERS RIDGE DRIVE NO 100, LEWISVILLE, TX 75057

Total Revenue
$2,648,072
Total Expenses
$3,043,446
Net Assets
$-2,505,437

Organizations Filed Purposes: PRESERVATION 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 CIVIC NEEDS OF THE ELDERLY, WHILE PROMOTING THE CONTINUED DIGNITY AND WELL-BEING OF ITS RESIDENTS. THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. WITHIN THE SCOPE OF THE FOREGOING PURPOSES, BUT NOT BY WAY OF LIMITATION THEREOF, THE CORPORATION SHALL CARRY OUT THESE PURPOSES PRIMARILY BY OWNING AND OPERATING, EITHER DIRECTLY OR THROUGH AFFILIATED ENTITIES, NONPROFIT HEALTH CARE FACILITIES AND SENIOR LIVING COMMUNITIES.

RELIEVING THE DISTRESSED THROUGH THE PROVISION OF HOUSING DESIGNED SPECIFICALLY TO ACCOMMODATE AND ADDRESS CERTAIN PHYSICAL, SOCIAL, AND CIVIC NEEDS OF THE ELDERLY, WHILE PROMOTING THE CONTINUED DIGNITY AND WELL-BEING OF ITS RESIDENTS. THE ORGANIZATION CARRIES OUT THESE PURPOSES BY OWNING AND OPERATING, EITHER DIRECTLY OR THROUGH AFFILIATED ENTITIES, NONPROFIT HEALTH CARE FACILITIES AND SENIOR LIVING COMMUNITIES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
John Paul TaylorDIRECTOR (LEFT 10/2019)1$0
John F TaylorDIRECTOR (LEFT 10/2019)1$0
Thomas StibalDIRECTOR (LEFT 4/2019)1$0
Darrel McgeheeDIRECTOR (START 10/2019)1$0
Ken McdowellDIRECTOR (LEFT 4/2019)1$0
Jim FisherDIRECTOR (LEFT 10/2019)1$0
Dana ArnetteDIRECTOR (START 10/2019)1$0
Thomas E LangdonSECRETARY/TREASURER1$0
James ChancePRESIDENT/CEO (START 10/2019)1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013219349303586_public.xml