Skip to content
Nonprofiteer
← BHC MANAGEMENT COMPANY

Form 990 for tax year 2024

Filed by BHC MANAGEMENT COMPANY.

Totals

Total revenue
$1,105,613
Total expenses
$1,178,232
Contributions and grants received
$43,544
Grants paid
$330,000
Program service revenue
$1,061,514
Investment income
$0
Other revenue
$555
Total assets, end of year
$157,592
Total liabilities, end of year
$4,697
Net assets or fund balances, end of year
$152,895
Program services expenses (Part IX)
$1,153,314
Management and general expenses
$24,918
Fundraising expenses
$0
Program service expenses (Part III)
$1,153,314

Program services were 97.9% 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.

  • 1d · Related organizations

    $43,544

  • 2a · Program service revenue: MANAGEMENT FEES

    total $1,061,514 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: gross income

    $555

  • 8c · Net income from fundraising events

    total $555 · unrelated business $0 · excluded $555

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $330,000 · program services $330,000

  • 7 · Other salaries and wages

    total $625,130 · program services $625,130 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $88,413 · program services $88,413 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $45,286 · program services $45,286 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $450 · program services $0 · management and general $450 · fundraising $0

  • 11c · Fees: accounting

    total $900 · program services $0 · management and general $900 · fundraising $0

  • 12 · Advertising and promotion

    total $1,864 · program services $1,864 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $12,679 · program services $12,679 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $15,960 · program services $15,960 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $6,786 · program services $6,786 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $5,542 · program services $5,542 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $2,431 · program services $2,431 · management and general $0 · fundraising $0

  • 24a · Other expenses: COMPUTER FEES

    total $8,806 · program services $8,806 · management and general $0 · fundraising $0

  • 24b · Other expenses: CONSULTANTS

    total $23,568 · program services $0 · management and general $23,568 · fundraising $0

  • 24c · Other expenses: TEMPORARY PERSONNEL

    total $10,417 · program services $10,417 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $125,010 · end of year $12,229

  • 10a · Land, buildings and equipment: cost or other basis

    $33,077

  • 10b · Land, buildings and equipment: accumulated depreciation

    $15,065

  • 10c · Land, buildings and equipment, net

    beginning of year $23,554 · end of year $18,012

  • 15 · Other assets

    beginning of year $81,971 · end of year $127,351

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,021 · end of year $4,697

  • 27 · Net assets without donor restrictions

    beginning of year $225,514 · end of year $152,895

Mission and programs · 2024

Mission

ACT AS MAINTENANCE AND PROPERTY MANAGEMENT FOR AFFORDABLE INCOME RENTAL PROPERTIES.

  • ACT AS MAINTENANCE AND PROPERTY MANAGEMENT FOR AFFORDABLE INCOME RENTAL PROPERTIES.

    Expenses $1,153,314 · Revenue $1,061,514

As filed on the 2024 return.

Listed in Part VII

  • REGINA CHANEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • W MARTIN WILLIAMS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOEY NOBLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ARILD TRENT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DUKE DODSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GRETA HARRIS

    PRESIDENT & CEO

    Total calculated
    $416,862
    From this org
    $0
    From related orgs
    $355,493
    Other
    $61,369

    Schedule J breakdown matched by us

    Base
    $0 + $323,993 related
    Bonus
    $0 + $31,500 related
    Other
    $0
    Deferred
    $0 + $53,902 related
    Nontaxable benefits
    $0 + $7,467 related
    Filer's total
    $0 + $416,862 related

  • JULIE HOVERMALE

    VICE PRESIDENT & CFO

    Total calculated
    $227,612
    From this org
    $0
    From related orgs
    $211,748
    Other
    $15,864

    Schedule J breakdown matched by us

    Base
    $0 + $194,248 related
    Bonus
    $0 + $17,500 related
    Other
    $0
    Deferred
    $0 + $13,337 related
    Nontaxable benefits
    $0 + $2,626 related
    Filer's total
    $0 + $227,711 related

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

None.

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

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.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Provenance

Return type
form_990
Tax year
2024
Filed
16 July 2025
IRS schema version
2024v5.2
Source object
202521979349301522

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.