Form 990 for tax year 2024

Totals

Total revenue

$1,299,276

Total expenses

$1,020,360

Contributions and grants received

$908,102

Grants paid

$0

Program service revenue

$388,266

Investment income

$2,908

Other revenue

$0

Total assets, end of year

$1,081,237

Total liabilities, end of year

$10,772

Net assets or fund balances, end of year

$1,070,465

Program services expenses (Part IX)

$931,827

Management and general expenses

$61,322

Fundraising expenses

$27,211

Program service expenses (Part III)

$931,827

Program services were 91.3% 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.

Mission and programs · 2024

• PSA 1 - COMMUNICATIONS & OUTREACH WE BREAK DOWN COMPLEX HOUSING TOPICS INTO ACCESSIBLE CONTENT MADE FREELY AVAILABLE TO ALL. OUR TEAM SHARES EXPERTISE THROUGH BLOGS, EMAILS, AND SPEAKING ENGAGEMENTS TO KEEP THE HOUSING COMMUNITY INFORMED ON STATE, NATIONAL, AND GLOBAL INNOVATIONS. HOUSINGFORWARD VIRGINIA HAS CONTINUED TO BE A MAJOR SOURCE OF NEWS AND INFORMATION FOR VIRGINIA'S HOUSING STAKEHOLDERS. EACH THURSDAY MORNING, HFV DISTRIBUTES THE FWD TO THOUSANDS OF HOUSING PRACTITIONERS ACROSS VIRGINIA. THIS WEEKLY MICROBLOG OFFERS CONCISE PERSPECTIVES AND ANALYSIS ON A RANGE OF ISSUES, RESEARCH, AND CURRENT EVENTS THAT HELP READERS GAIN A DEEPER UNDERSTANDING OF TODAY'S AFFORDABLE HOUSING ENVIRONMENT. ALONG WITH ITS STRONG EMAIL DISTRIBUTION LIST, HFV IS ALSO ABLE TO REGULARLY LEVERAGE ITS SOCIAL MEDIA PRESENCE TO SHARE HOUSING NEWS, EVENTS, AND RESOURCES TO A WIDE AUDIENCE. IN ADDITION TO ITS REGULAR COMMUNICATIONS, HFV ALSO HOSTS WEBINARS ON INNOVATIVE TOPICS. HFV'S WEBINARS IN 2024 SOUGHT TO HELP EXPLAIN INFLATION AND ITS IMPACTS ON HOUSING, AS WELL AS INTRODUCING STAKEHOLDERS TO THE VIRGINIA RESOURCES AUTHORITY AND THE RESOURCES THEY PROVIDE TO SUPPORT HOUSING DEVELOPMENT IN VIRGINIA. IN ADDITION TO THE LIVE AND VIRTUAL EVENTS, HFV STAFF ALSO REGULARLY FULFILLED REQUESTS FROM HOUSING ORGANIZATIONS AND OTHER GROUPS TO SPEAK ON AFFORDABLE HOUSING AT VARIOUS MEETINGS AND EVENTS. THESE EVENTS STRENGTHEN HFV'S ROLE AS VIRGINIA'S GO-TO OBJECTIVE EXPERT ON HOUSING.

  Expenses $39,326

• PSA 2 - EDUCATION & RESEARCH WE CREATE DATA TOOLS AND EDUCATIONAL RESOURCES THAT HELP YOU UNDERSTAND HOUSING NEEDS IN YOUR COMMUNITY. OUR RESEARCH EXPLORES HOUSING'S CONNECTIONS TO HEALTH, EDUCATION, AND RURAL DEVELOPMENT THROUGH INTERACTIVE APPS LIKE SOURCEBOOK, PLAYBOOK, AND THE VIRGINIA ZONING ATLAS. CONSISTENT OPERATIONAL SUPPORT FROM GRANTEES ALLOWS HFV TO BUILD CORE RESOURCES THAT ARE FURTHER LEVERAGED TO DEVELOP PROGRAMMING FOR SPECIFIC REGIONAL AND ISSUE-BASED INITIATIVES. THESE ACTIVITIES-WHICH MIGHT SPAN A SINGLE YEAR OR JUST SEVERAL MONTHS-ARE MORE EASILY SUPPORTED BY TRADITIONAL PRIVATE AND PHILANTHROPIC FUNDING SOURCES. EXAMPLES OF CORE RESOURCES THAT ARE NOT POSSIBLE WITHOUT FLEXIBLE OPERATIONAL SUPPORT INCLUDE, SOURCEBOOK, AN ONLINE COMPENDIUM OF HOUSING DATA SPECIFIC TO VIRGINIA THAT HAD OVER 700 USERS IN 2023. IT COLLECTS, SUMMARIZES, AND PRESENTS DOZENS OF DIFFERENT DATA POINTS TO HELP USERS UNDERSTAND HOUSING TRENDS IN THEIR COMMUNITIES TO ADVOCATE FOR AND IMPLEMENT BETTER HOUSING SOLUTIONS. SOURCEBOOK IS REGULARLY UPDATED AS NEW DATA IS MADE AVAILABLE. HFV WILL CONTINUE SIGNIFICANT UPGRADES TO SOURCEBOOK THROUGHOUT 2024. THESE EFFORTS WILL FOCUS ON REBUILDING DASHBOARDS AND CALCULATORS TO IMPROVE USER EXPERIENCE, AS WELL AS CREATING ADDITIONAL NEW DASHBOARDS. PLAYBOOK IS BEING REDEVELOPED INTO INDIVIDUAL ISSUE DEEP DIVES. A REVAMPED PLAYBOOK WILL PROVIDE A COMPARATIVE ANALYSIS OF HOW DIFFERENT JURISDICTIONS ARE TACKLING CERTAIN HOUSING POLICIES OR STRATEGIES. IN EARLY 2025, HFV WILL RELEASE THE VIRGINIA ACCESSORY DWELLING UNIT (ADU) PLAYBOOK, WHICH WILL SHOWCASE HOW EACH JURISDICTION TREATS ACCESSORY DWELLING UNITS IN THEIR COMMUNITY.

  Expenses $103,990

• PSA 3 - FACILITATION AND CONTRACT RESEARCH WE CONVENE DIVERSE STAKEHOLDERS ACROSS VIRGINIA TO LEARN ABOUT INNOVATIVE IDEAS AND SOLUTIONS THAT ARE DRIVING THE AFFORDABLE HOUSING INDUSTRY FORWARD. WE MAKE A CONCERTED EFFORT TO BRING IN EXPERTS OUTSIDE OF HOUSING AND VIRGINIA TO BRING A FRESH PERSPECTIVE ON HOUSING. WE ALSO PROVIDE FEE-FOR-SERVICE RESEARCH AND TECHNICAL ASSISTANCE, INCLUDING HOUSING MARKET AND POLICY ANALYSIS. OUR EXPERIENCE IN VIRGINIA PROVIDES A VALUABLE PERSPECTIVE IN HOW TO IMPLEMENT STRATEGIES THAT WORK IN LOCAL COMMUNITIES. DUE TO THE INCREASINGLY SIGNIFICANT FOCUS ON THE ROLE LOCAL LAND USE REGULATIONS PLAY IN MAINTAINING OUR SHORTAGE OF AFFORDABLE HOUSING, HFV JOINED THE NATIONAL ZONING ATLAS INITIATIVE IN EARLY 2023 TO BEGIN BUILDING A VIRGINIA ZONING ATLAS (VZA). FOLLOWING PROVEN METHODS DEVELOPED BY CORNELL UNIVERSITY, HFV BEGAN COMPILING LOCAL ZONING MAPS AND ORDINANCES INTO A STANDARDIZED FORMAT TO EASILY REVEAL HOW AND WHERE DIFFERENT TYPES OF HOUSING CAN BE BUILT-OR NOT BE BUILT-ACROSS LOCAL JURISDICTIONS AND ENTIRE REGIONS. HFV HAS SINCE JOINED DOZENS OF OTHER STATES IN THE CREATION OF A STATEWIDE DATABASE FOR LOCAL ZONING REGULATIONS. HFV LAUNCHED THE VZA IN LATE 2023 AFTER COMPLETING ALL LOCALITIES IN THE HAMPTON ROADS PLANNING DISTRICT COMMISSION (HRPDC). IN SPRING 2024, THEY COMPLETED THE NORTHERN VIRGINIA REGION WITH SUPPORT FROM THE MERCATUS CENTER AT GEORGE MASON UNIVERSITY. AS PART OF NORTHERN VIRGINIA AFFORDABLE HOUSING ALLIANCE'S THOMAS P. LECKEY FORUM, HFV AND THE MERCATUS CENTER SHOWCASED THE RESULTS OF THE NORTHERN VIRGINIA ZONING ATLAS. LATER IN FALL 2024, HFV CO-HOSTED AN EVENT WITH THE UNIVERSITY OF RICHMOND AND THE PARTNERSHIP FOR HOUSING AFFORDABILITY TO SHOWCASE THE ADDITION OF THE RICHMOND REGION TO THE VZA. THIS EVENT. WHICH WAS ATTENDED BY OVER 300 INDIVIDUALS, HIGHLIGHTED THE INTERSECTION OF EDUCATIONAL OUTCOMES AND HOUSING SEGREGATION. HOUSINGFORWARD VIRGINIA CONTINUES TO ACCEPT CONTRACT WORK TO SUPPORT LOCAL GOVERNMENTS, NONPROFITS, AND OTHER ENTITIES IN ADDRESSING THEIR AFFORDABLE HOUSING NEEDS (OFTEN IN PARTNERSHIP WITH THE VIRGINIA CENTER FOR HOUSING RESEARCH AT VIRGINIA TECH (VCHR)). HFV IS A MAJOR PROVIDER OF MARKET ANALYSIS AND POLICY GENERATION FOR REGIONAL HOUSING ASSESSMENTS ACROSS VIRGINIA. IN 2024, HFV AND VCHR COMPLETED STUDIES FOR THE CENTRAL SHENANDOAH PLANNING DISTRICT COMMISSION, THE WEST PIEDMONT PLANNING DISTRICT COMMISSION, AND THE SOUTHSIDE PLANNING DISTRICT COMMISSION.

  Expenses $173,123 · Revenue $128,138

• PSA 4 GOVERNORS HOUSING CONFERENCE HFV SERVES AS FISCAL AGENT FOR THE VIRGINIA GOVERNOR'S HOUSING CONFERENCE, AN ANNUAL CONFERENCE HELD BY THE VIRGINIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT AND VIRGINIA HOUSING, HFV SERVES IN THIS ROLE THROUGH VIRGINIA GOVERNOR'S HOUSING CONFERENCE LLC, A SINGLE MEMBER LIMITED LIABILITY COMPANY FORMED ON JUNE 26, 2018 WITH HOUSING VIRGINIA CAMPAIGN INC D/B/A HOUSINGFORWARD VIRGINIA AS ITS SOLE MEMBER THEREBY GIVING THE LLC EXEMPT STATUS. ALL INCOME AND EXPENSES OF THE LLC ARE BEING REPORTED UNDER HOUSING VIRGINIA CAMPAIGN INC ON THIS 990. THE VIRGINIA GOVERNOR'S HOUSING CONFERENCE HAS A BROAD RANGE OF ATTENDEES FROM MANY PROFESSIONAL SECTORS INCLUDING NONPROFIT ORGANIZATIONS, FOUNDATIONS AND OTHER PHILANTHROPIC DONORS, AFFORDABLE HOUSING DEVELOPERS, ECONOMIC DEVELOPERS, LOCAL GOVERNMENT ELECTED OFFICIALS, DESIGN PROFESSIONALS, FINANCIAL INSTITUTIONS, GOVERNMENT AGENCIES, PRIVATE DEVELOPERS, REAL ESTATE PROFESSIONALS, EDUCATIONAL INSTITUTIONS, TRADE ORGANIZATIONS, COMMUNITY-BASED AND FAITH-BASED ORGANIZATIONS, AND PUBLIC HOUSING PROVIDERS. THE CONFERENCE CONSISTENTLY ATTRACTS MORE THAN 900 AFFORDABLE HOUSING ADVOCATES, PROVIDERS AND POLICY MAKERS TO DISCUSS A HOST OF IMPORTANT ISSUES AFFECTING ALL VIRGINIANS.

  Expenses $615,388 · Revenue $260,128

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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.

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.

Provenance

Return type

form_990

Tax year

2024

Filed

1 May 2025

IRS schema version

2024v5.0

Source object

202511219349302831

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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