Form 990 for tax year 2024
Filed by HOUSING TRUST FUND OF NORTHERN VIRGINIA INC.
Totals
- Total revenue
- $1,300,234
- Total expenses
- $1,315,783
- Contributions and grants received
- $1,165,008
- Grants paid
- $313,630
- Program service revenue
- $64,295
- Investment income
- $68,971
- Other revenue
- $1,960
- Total assets, end of year
- $2,150,724
- Total liabilities, end of year
- $329,108
- Net assets or fund balances, end of year
- $1,821,616
- Program services expenses (Part IX)
- $1,070,163
- Management and general expenses
- $88,877
- Fundraising expenses
- $156,743
- Program service expenses (Part III)
- $1,070,163
Program services were 81.3% 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.
-
1c · Fundraising events
$330,330
-
1f · All other contributions, gifts and grants
$834,678
-
1g · Noncash contributions included above
$313,630
-
2a · Program service revenue: Project fee income
total $64,295 · related or exempt $64,295
-
3 · Investment income
total $70,278 · excluded $70,278
-
7b · Less cost or other basis and sales expenses
other assets $1,307
-
7c · Gain or loss
other assets -$1,307
-
7d · Net gain or loss
total -$1,307 · excluded -$1,307
-
8a · Fundraising events: gross income
$168,499
-
8a · Fundraising events: contributions included on line 1c
$330,330
-
8b · Fundraising events: direct expenses
$168,499
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: Merchandise sales
total $1,960 · related or exempt $1,960
-
11e · Other revenue, total
$1,960
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $297,392 · program services $297,392
-
2 · Grants to domestic individuals
total $16,238 · program services $16,238
-
5 · Compensation of officers, directors and key employees
total $184,166 · program services $144,776 · management and general $22,739 · fundraising $16,651
-
7 · Other salaries and wages
total $345,726 · program services $293,450 · management and general $16,461 · fundraising $35,815
-
9 · Other employee benefits
total $28,004 · program services $23,336 · management and general $1,867 · fundraising $2,801
-
10 · Payroll taxes
total $35,112 · program services $30,724 · management and general $1,755 · fundraising $2,633
-
11f · Fees: investment management
total $365 · management and general $365
-
11g · Fees: other
total $60,952 · program services $26,574 · management and general $22,952 · fundraising $11,426
-
12 · Advertising and promotion
total $39,823 · program services $18,432 · management and general $358 · fundraising $21,033
-
13 · Office expenses
total $31,104 · program services $22,281 · management and general $6,662 · fundraising $2,161
-
17 · Travel
total $6,777 · program services $3,482 · management and general $281 · fundraising $3,014
-
19 · Conferences, conventions and meetings
total $25,886 · program services $3,046 · management and general $1,092 · fundraising $21,748
-
22 · Depreciation, depletion and amortization
total $11,189 · program services $4,262 · fundraising $6,927
-
24a · Other expenses: Project costs - Shelter
total $197,128 · program services $170,940 · management and general $853 · fundraising $25,335
-
24b · Other expenses: Bank and credit card fe
total $13,533 · program services $11,758 · fundraising $1,775
-
24c · Other expenses: Professional developmen
total $8,450 · program services $100 · management and general $7,545 · fundraising $805
-
24d · Other expenses: Dues and subscriptions
total $6,901 · management and general $2,989 · fundraising $3,912
-
24e · All other expenses
total $7,037 · program services $3,372 · management and general $2,958 · fundraising $707
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $678,699 · end of year $602,982
-
2 · Savings and temporary cash investments
beginning of year $1,324,728 · end of year $1,388,304
-
3 · Pledges and grants receivable
end of year $95,000
-
4 · Accounts receivable
beginning of year $7,016 · end of year $2,656
-
9 · Prepaid expenses and deferred charges
beginning of year $37,865 · end of year $31,489
-
10a · Land, buildings and equipment: cost or other basis
$52,518
-
10b · Land, buildings and equipment: accumulated depreciation
$22,225
-
10c · Land, buildings and equipment, net
beginning of year $42,789 · end of year $30,293
-
17 · Accounts payable and accrued expenses
beginning of year $33,476 · end of year $55,500
-
19 · Deferred revenue
end of year $204,580
-
25 · Other liabilities
beginning of year $34,626 · end of year $69,028
-
27 · Net assets without donor restrictions
beginning of year $2,022,995 · end of year $1,821,616
Mission and programs · 2024
Mission
HomeAid National Capital Region (HANCR) builds new lives for families and individuals experiencing homelessness or at risk of experiencing homelessness.
Activities or mission (Part I)
We build new lives for families and individuals experiencing homelessness through housing and community outreach.
-
Non-Profit Projects: HomeAid National Capital Region (HANCR or HomeAid) leverages the relationships and resources of the homebuilding industry to build and renovate housing facilities owned and operated by non-profit service providers. HANCR connects non-profit service providers with builders who generously offer their experience, time and resources to create beautifully renovated spaces or in some cases, build brand new spaces. The organizations served typically include specialized counseling and job training to achieve self-sufficiency along with housing those families struggling with homelessness. Because the builders are donating their time and materials, the non-profit partners are able to stretch their funds and focus on programs and services rather than on building projects. The renovations range in scope and can include adding storage space and shelving, installing new flooring, painting, improving accessibility into the facilities, updating kitchens and bathrooms and providing furnishings for living spaces. HomeAid's goal is to provide living spaces which improve the physical living situation of the clients as well as add efficiency and safety at a significant cost savings to the non-profit service providers. Thanks to the generosity of our builder captions and trade partners, HomeAid can achieve a cost savings of 30-100% to our shelter partners.
Expenses $801,396 · Grants $297,392 · Revenue $66,255
-
Shelter Services: The Shelter Services Program fills in the gaps by providing donations of household goods to recently completed projects. For the last few years HomeAid has implemented an outreach program by having a diaper and baby wipe drive. The diapers and wipes are then delivered to non-profits which they then can distribute to clients as necessary.
Expenses $128,592 · Grants $16,238
-
Turnover Program: The Turnover program was initiated in 2018 and is designed to help shelter partners quickly prepare units for new tenants by painting and replacing flooring. HomeAid connects with builders and shelter partners for rapid turnover of a space from one tenant to the next. Typically, the non-profit partners are participating in a voucher rental assistance program. Once a space is vacant non-profit partners can lose the voucher rental assistance they received when the unit was occupied, which is a source of income for the them to support their programs. Having a very specific scope of only flooring and paint, HomeAid can fund the program and pay the trades required to do the work allowing the space to be readied in a short amount of time giving a new family the opportunity to find stability and safety; as well as help the non-profit partners maintain the rental assistance they receive. The number of turnovers completed in a year can vary widely as it is dependent on how frequently a space is vacated. HomeAid has completed between 2 and 9 per year since the program began.
Expenses $140,175
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Tom Twomey
President
- Total calculated
- $0
- Hours/week
- 1
-
Lauren Vanni Kinard
Immediate Past President
- Total calculated
- $0
- Hours/week
- 1
-
Bryan Guidash
Vice President/President Elect
- Total calculated
- $0
- Hours/week
- 1
-
Rick Cole
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
John Darvish
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
John Buhl Jr
Director
- Total calculated
- $0
- Hours/week
- 1
-
Alicia Skoug
Director
- Total calculated
- $0
- Hours/week
- 1
-
Bruce Rahmani
Director
- Total calculated
- $0
- Hours/week
- 1
-
Bryant Cruzado
Director
- Total calculated
- $0
- Hours/week
- 1
-
Charlie Schulz
Director
- Total calculated
- $0
- Hours/week
- 1
-
Chip Helme
Director
- Total calculated
- $0
- Hours/week
- 1
-
Curt Anderson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Donald Knutson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Doug Horne
Director
- Total calculated
- $0
- Hours/week
- 1
-
Eric Dunn
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gary Chandler
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jason McDonough
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jerry Berman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kevin Canary
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kevin Washington
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mark King
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mike Sandkuhler
Director
- Total calculated
- $0
- Hours/week
- 1
-
Russ Rosenberger
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sal A Migliore
Director
- Total calculated
- $0
- Hours/week
- 1
-
Thomas Hyde
Director
- Total calculated
- $0
- Hours/week
- 1
-
Worth Jenkins
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kristyn Burr
Executive Director
- Total calculated
- $184,167
- From this org
- $159,827
- From related orgs
- $0
- Other
- $24,340
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $159,827
- Bonus
- $0
- Other
- $0
- Deferred
- $15,000
- Nontaxable benefits
- $9,340
- Filer's total
- $184,167
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
-
$0
To provide for construction and improvement services
-
To provide for construction and improvement services
-
To provide for construction and improvement services
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.
-
Northern Virginia Building Industry Association
501(C) · Trade association serving the building industry · VA
-
501(C) · Housing for homeless children and families · CA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543179349309189
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