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Nonprofiteer
← VB HOME NOW INC

Form 990 for tax year 2024

Filed by VB HOME NOW INC.

Totals

Total revenue
$257,063
Total expenses
$145,656
Contributions and grants received
$269,272
Grants paid
$142,414
Program service revenue
$0
Investment income
$5,685
Other revenue
-$17,894
Total assets, end of year
$723,250
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$723,250
Program services expenses (Part IX)
$142,414
Management and general expenses
$2,113
Fundraising expenses
$1,129
Program service expenses (Part III)
$142,414

Program services were 97.8% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $86,084

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $183,188

  • 1g · Noncash contributions included above

    $0

  • 3 · Investment income

    total $5,685 · related or exempt $5,685 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: gross income

    $19,360

  • 8a · Fundraising events: contributions included on line 1c

    $86,084

  • 8b · Fundraising events: direct expenses

    $37,254

  • 8c · Net income from fundraising events

    total -$17,894 · unrelated business $0 · excluded -$17,894

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $142,414 · program services $142,414

  • 12 · Advertising and promotion

    total $1,129 · fundraising $1,129

  • 13 · Office expenses

    total $1,038 · management and general $1,038

  • 23 · Insurance

    total $450 · management and general $450

  • 24a · Other expenses: Filing Fees

    total $625 · program services $0 · management and general $625

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $15,929

  • 2 · Savings and temporary cash investments

    beginning of year $611,843 · end of year $707,321

  • 27 · Net assets without donor restrictions

    beginning of year $535,500 · end of year $522,715

  • 28 · Net assets with donor restrictions

    beginning of year $76,343 · end of year $200,535

Mission and programs · 2024

Mission

The Organization's mission is to mobilize the local community to help the neediest among us by supporting and enhancing the community system of services, programs, and facilities that work to prevent and make homelessness rare, brief and nonrecurring. The mission is accomplished through fund raising and providing resources into the community.

Activities or mission (Part I)

The Organization's mission is to mobilize the local community to help the neediest among us by supporting and enhancing the community system of services, programs, and facilities that work to prevent and make homelessness rare, brief and nonrecurring. The mission is accomplished through fund raising and providing these resources into the community.

  • The Organization provided a grant to the Judeo-Christian Outreach Center. to provide financial assistance to people participating in the emergency shelter and rapid rehousing programs. This funding assisted 31 adult individuals with move-in and rental assistance to secure permanent housing.

    Expenses $10,000 · Grants $10,000

  • The Organization provided a grant to the Virginia Beach Education Foundation in partnership with VBCPS to be used to supply "beach bags" weekly during the school year (35 weeks) to students identified as homeless and/or needy. Each bag contains 10 shelf stable food items to sustain the students over weekends and school breaks. In total, these contributed funds were a part of the overall funding that provided over 47,000 beach bags to students that had been identified as homeless and experiencing food insecurity.

    Expenses $12,500 · Grants $12,500

  • The organization provided funds to the Housing Resource Center ("HRC") and the Virginia Beach Department of Housing and Neighborhood Preservation to provide deposits for homeless persons to obtain housing, prevention of persons being evicted from their homes and becoming homeless, landlord recruitment to obtain housing for homeless persons, and various supplies utilized by residents at HRC. Specifically, $50,130 was used to pay apartment complexes and property owners to prevent needy persons from being evicted from their homes; $25 was used to provide security deposits and rent to obtain housing for persons that were homeless; $1,167 were paid to landlords for recruitment of housing options for needy homeless persons; and $7,621 was spent to upgrade the family shelter facilities at HRC. The HRC is a one-stop shop of services for families and individuals experiencing homelessness or a housing crisis. In the prior year HRC celebrated its five-year anniversary. When it opened in 2018, it became the first facility of its kind in South Hampton Roads, Virginia to integrate and co-locate shelter, housing and ancillary homeless support services in one building. The HRC provides 29 one-bedroom efficiency apartments; 10 motel-style family shelter rooms (40 beds); 55 single shelter beds; day services that include showers, laundry, mail and housing support; a dining hall providing meals to day services and HRC shelter participants; a comprehensive primary care health center; and various homeless and human services. During this five-year period, 829 adults were provided shelter in the singles shelter at HRC; 2,200 unsheltered adults were provided day services; 438 individuals (adults and children) were provided shelter in the family shelter at HRC; approximately 140,000 meals were served; and 3,944 patients were served at the health center. The HRC and the Department of Housing and Neighborhood Preservation received over 12,000 referrals for prevention services. In addition to the housing provided by HRC, over 2,200 households were prevented from becoming homeless, and 368 homeless households were diverted to alternative housing opportunities.

    Expenses $58,943 · Revenue $182,488

  • Other service accomplishments include funds for providing feminine hygiene kits to women experiencing homelessness; funds for bus and rideshare transportation, move-in kits, cookware, and basic household essentials, utility costs and resource materials for homeless persons. Provide funds for youth (up to 24 years of age) to maintain their emergency shelter program. Direct homeless individuals to a wide range of mental, physical and behavioral health services, fitness and nutrition programs, housing support financial services, and deposit and rental assistance and landlord engagement.

    Expenses $60,971 · Grants $56,700 · Revenue $700

As filed on the 2024 return.

Listed in Part VII

  • Raymond Bjorkman

    President

    Total calculated
    $0
    Hours/week
    5
  • Deborah Baisden

    Vice President

    Total calculated
    $0
    Hours/week
    3
  • Theodore Salter

    Treasurer

    Total calculated
    $0
    Hours/week
    2
  • Joshua Coe

    Secretary

    Total calculated
    $0
    Hours/week
    3
  • John Edwards

    Director

    Total calculated
    $0
    Hours/week
    1
  • Mary Donnan Harrison

    Director

    Total calculated
    $0
    Hours/week
    1
  • Steve Kelly

    Director

    Total calculated
    $0
    Hours/week
    1
  • George MacDonald

    Director

    Total calculated
    $0
    Hours/week
    2
  • John Olivieri

    Director

    Total calculated
    $0
    Hours/week
    1
  • Sherry Pitsilidies

    Director

    Total calculated
    $0
    Hours/week
    1
  • James Walrod

    Director

    Total calculated
    $0
    Hours/week
    1
  • Andrew Friedman

    Director

    Total calculated
    $0
    Hours/week
    1

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

  • Virginia Beach Department of Housing and Neighborhood Preservation

    $58,943

    Prevent and make homelessness rare, brief, and nonrecurring. See Part III 4c for further information

  • To provide funding for meals to homeless and needy school students. See part III 4b for further details

  • The funding of this grant will provide financial assistance to people participating in emergency shelter and rapid rehousing programs. See Part III, 4a for further details

  • Provide funding to assist youth ageing out of foster care transition to permanent housing. The funding provided assistance for 11 persons aging out of foster care with move-in expenses, rent, utilities and transportation. The funding also provides emergency shelter for at-risk youth until permanent safe housing is obtained

  • Provide funding to maintain the Youth Emergency Shelter Program. With the funding, Stand Up for Kids covered the cost (for 26 weeks) of 4 emergency shelter (hotel) rooms. This program gets youth that are homeless off the streets and gives them a safe place to have their most basic needs met

  • To provide funding that will minimize the effects of homelessness by providing necessary household essentials like linens, toiletries, and cleaning supplies to individuals and families as they transition to independent living. Specifically, the funding provided 143 move-in kits and more than 800 hygiene kits to persons transitioning to permanent housing. The organization also partners with several local shelters that provide emergency housing for individuals and families experiencing homelessness.

  • Provides funding for between 8-12 homeless people a week at the Housing Resource Center for the organization's Uplift program, which provides mentoring and counseling for people with substance abuse issues.

Provenance

Return type
form_990
Tax year
2024
Filed
19 August 2025
IRS schema version
2024v5.0
Source object
202512319349301711

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