Totals
- Total revenue
- $27,082,665
- Total expenses
- $26,474,469
- Contributions and grants received
- $22,736,289
- Grants paid
- $0
- Program service revenue
- $4,161,680
- Investment income
- $135,305
- Other revenue
- $49,391
- Total assets, end of year
- $19,225,332
- Total liabilities, end of year
- $2,434,215
- Net assets or fund balances, end of year
- $16,791,117
- Program services expenses (Part IX)
- $24,785,008
- Management and general expenses
- $1,458,031
- Fundraising expenses
- $231,430
- Program service expenses (Part III)
- $24,785,008
Program services were 93.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$12,534,621
-
1f · All other contributions, gifts and grants
$10,201,668
-
2a · Program service revenue: HOUSING REVENUE
total $3,955,336 · related or exempt $3,955,336
-
2b · Program service revenue: PROGRAM INCOME
total $105,000 · related or exempt $105,000
-
2c · Program service revenue: CONSERVATION STRATEGIES
total $101,344 · related or exempt $101,344
-
3 · Investment income
total $135,305 · excluded $135,305
-
6a · Gross rents
real property $47,413
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $47,413
-
6d · Net rental income or loss
total $47,413 · related or exempt $47,413
-
11a · Other revenue: NONCONTROLLING INT IN SUBSID
total $1,978 · related or exempt $1,978
-
11e · Other revenue, total
$1,978
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $654,429 · program services $193,437 · management and general $368,794 · fundraising $92,198
-
7 · Other salaries and wages
total $3,295,957 · program services $2,661,246 · management and general $560,066 · fundraising $74,645
-
8 · Pension plan contributions
total $95,326 · program services $82,015 · management and general $8,633 · fundraising $4,678
-
9 · Other employee benefits
total $602,889 · program services $453,189 · management and general $106,912 · fundraising $42,788
-
10 · Payroll taxes
total $297,781 · program services $216,941 · management and general $68,673 · fundraising $12,167
-
11c · Fees: accounting
total $87,049 · program services $69,639 · management and general $17,410
-
13 · Office expenses
total $47,509 · program services $24,661 · management and general $22,683 · fundraising $165
-
14 · Information technology
total $182,275 · program services $145,820 · management and general $36,455
-
16 · Occupancy
total $288,334 · program services $229,467 · management and general $58,387 · fundraising $480
-
22 · Depreciation, depletion and amortization
total $96,725 · program services $71,239 · management and general $21,177 · fundraising $4,309
-
23 · Insurance
total $212,491 · program services $169,993 · management and general $42,498
-
24a · Other expenses: MATERIALS EXPENSE
total $17,549,743 · program services $17,549,743
-
24b · Other expenses: HEALTH & SAFETY WEATHER
total $1,470,118 · program services $1,470,118
-
24c · Other expenses: LABOR OF MATERIALS
total $796,784 · program services $796,784
-
24d · Other expenses: SERVICE CONTRACTS
total $469,471 · program services $375,577 · management and general $93,894
-
24e · All other expenses
total $327,588 · program services $275,139 · management and general $52,449
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,544,716 · end of year $2,956,254
-
3 · Pledges and grants receivable
beginning of year $4,019,499 · end of year $5,516,543
-
4 · Accounts receivable
beginning of year $965,384 · end of year $965,000
-
8 · Inventories for sale or use
beginning of year $3,846,861 · end of year $4,302,936
-
10a · Land, buildings and equipment: cost or other basis
$1,526,684
-
10b · Land, buildings and equipment: accumulated depreciation
$1,009,163
-
10c · Land, buildings and equipment, net
beginning of year $516,104 · end of year $517,521
-
15 · Other assets
beginning of year $7,620,984 · end of year $4,967,078
-
17 · Accounts payable and accrued expenses
beginning of year $1,717,595 · end of year $1,549,497
-
18 · Grants payable
beginning of year $627,872 · end of year $14,438
-
19 · Deferred revenue
end of year $43,200
-
23 · Secured mortgages and notes payable
beginning of year $835,589 · end of year $827,080
-
27 · Net assets without donor restrictions
beginning of year $12,891,602 · end of year $13,308,740
-
28 · Net assets with donor restrictions
beginning of year $3,440,890 · end of year $3,482,377
Mission and programs · 2024
Mission
OUR MISSION IS TO IMPROVE THE HOUSING AND LIVING CONDITIONS OF ELDERLY, DISABLED, AND LOW-INCOME PERSONS IN THE RICHMOND AND SURROUNDING LOCALITIES.
Activities or mission (Part I)
OUR MISSION IS TO IMPROVE THE HOUSING AND LIVING CONDITIONS OF ELDERLY, DISABLED, AND LOW-INCOME PERSONS IN RICHMOND AND SURROUNDING LOCALITIES.
-
ENERGY CONSERVATION: PROVIDE WEATHERIZATION SERVICES AND EMERGENCY HOME REPAIRS TO ELDERLY AND LOW-TO-MODERATE INCOME INDIVIDUALS.
Expenses $12,620,880 · Revenue $13,887,225
-
AFFORDABLE HOUSING PROGRAM: HOUSING REHABILITATION AND NEIGHBORHOOD REVITALIZATION AND EMERGENCY HOME REPAIR AS WELL AS CONSTRUCTION OF NEW ENERGY-EFFICIENT HOMES.
Expenses $5,813,361 · Revenue $4,663,105
-
HOME REHABILITATION PROGRAM: COMPREHENSIVE HOME REHABILITATION-PROVIDES HOME REPAIRS TO LOW INCOME INDIVIDUALS.
Expenses $5,723,810 · Revenue $6,562,530
-
VOLUNTEER SERVICES: RENEW CREW VOLUNTEERS, COMPLETED HOME REPAIRS, AND ACCESSIBILITY MODIFICATIONS FOR SENIOR AND DISABLED HOMEOWNERS.
Expenses $626,957 · Revenue $711,108
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dana BallengerDANA BALLENGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Art BowenART BOWEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan FrankJONATHAN FRANK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Anne GarrettANNE GARRETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Aretha HarrisARETHA HARRIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca McNamaraREBECCA MCNAMARA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Hunter SnellingsHUNTER SNELLINGS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Patricia TrottaPATRICIA TROTTA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Barbara VaughanBARBARA VAUGHAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Steven A Benham SrSTEVEN A BENHAM SR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John TullJOHN TULL
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
John ThanielJOHN THANIEL
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Billy TriggBILLY TRIGG
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Lee HouseholderLEE HOUSEHOLDER
EXECUTIVE DIRECTOR
- Total calculated
- $245,416
- From this org
- $225,695
- From related orgs
- $0
- Other
- $19,721
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $225,695
- Bonus
- $0
- Other
- $0
- Deferred
- $9,129
- Nontaxable benefits
- $10,592
- Filer's total
- $245,416
-
Shelia WaltersSHELIA WALTERS
CHIEF FINANCIAL OFFICER - ENDED 5/25
- Total calculated
- $180,480
- From this org
- $163,226
- From related orgs
- $0
- Other
- $17,254
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $163,226
- Bonus
- $0
- Other
- $0
- Deferred
- $6,604
- Nontaxable benefits
- $10,650
- Filer's total
- $180,480
-
Marion CakeMARION CAKE
VP AFFORDABLE HOUSING
- Total calculated
- $169,352
- From this org
- $152,576
- From related orgs
- $0
- Other
- $16,776
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $152,576
- Bonus
- $0
- Other
- $0
- Deferred
- $6,184
- Nontaxable benefits
- $10,592
- Filer's total
- $169,352
-
Bryan BurrisBRYAN BURRIS
VP ENERGY CONSERVATION
- Total calculated
- $154,469
- From this org
- $138,306
- From related orgs
- $0
- Other
- $16,163
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $138,306
- Bonus
- $0
- Other
- $0
- Deferred
- $5,571
- Nontaxable benefits
- $10,592
- Filer's total
- $154,469
-
Matt HinkleMATT HINKLE
VP OPERATIONS
- Total calculated
- $140,892
- From this org
- $119,811
- From related orgs
- $0
- Other
- $21,081
- Hours/week
- 40
-
Matt MorganMATT MORGAN
DIRECTOR OF AFFORDABLE HOU
- Total calculated
- $130,377
- From this org
- $114,994
- From related orgs
- $0
- Other
- $15,383
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
PROJECT HOMES PROPERTIES II LLC
VA · income -$51 · assets $2,739
-
2100 BAINBRIDGE MM LLC
VA · income $0 · assets $0
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
WILLIAM BYRD II
RELATED · INVESTMENT · VA · 99.99% owned · share of assets $488,939 · general or managing partner
-
PORT CITY II MANAGING MEMBER LLC
RELATED · INVESTMENT · VA · 10% owned · share of income -$51 · share of assets $2,739 · general or managing partner
-
PROJECT HOMES PROPERTIES IV
RELATED · INVESTMENT · VA · 75% owned · share of income $1,978 · share of assets $2,262,694 · general or managing partner
-
2100 BAINBRIDGE LLC
RELATED · INVESTMENT · VA · 1% owned · general or managing partner
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CONSERVATION STRATEGIES INC
C · SUPPLIER · VA · 100% owned · share of income -$49,875 · share of assets $115,526
-
ELDER PROPERTIES INC
C · RENTAL · VA · 100% owned · share of income $1,293 · share of assets $473,695
-
ELDER PROPERTIES II INC
C · INVESTMENT · VA · 100% owned
-
ELDER PROPERTIES III INC
C · INVESTMENT · VA · 100% owned · share of income -$115,526 · share of assets $478,991
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 27 January 2026
- IRS schema version
- 2024v5.5
- Source object
- 202610309349300741
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.