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Nonprofiteer
← HOUSING TRUST FUND OF NORTHERN VIRGINIA INC

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

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.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202543179349309189

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