2023-05-01T10:03:11-07:00 2022-12-31 541950231 DOOLEY & VICARS 21 S SHEPPARD ST RICHMOND VA 23221 990 2022-01-01 541997025 URBAN HOPE INC URBA 8043962198 P O Box 23171 Richmond VA 23223 Sarah Hale Executive Director 8043962198 2023-04-25 true Sarah Hale 000000000 true Michael H Vicars P01470822 8043552808 2023-05-01 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Sarah Hale P O Box 23171 Richmond VA 23223 1561697 false X www.urbanhoperva.org X 2000 VA The primary focus of Urban Hope is to partner with families who seek affordable rental housing and/or home ownership. 6 6 5 79 0 0 879798 1327283 178299 234349 62 65 0 1058159 1561697 0 0 275994 365358 0 78173 335434 561783 611428 927141 446731 634556 3532054 4846547 2411918 3091856 1120136 1754691 The primary focus of Urban Hope is to partner with families who seek affordable rental housing and/or home ownership. false false 657717 0 1561632 Highlights of Urban Hope's program accomplishments for 2022: By the end of 2022, Urban Hope provided 31 units of rental housing, with over 86 tenants living in stable, safe, affordable housing. With tremendous community support, 99% of our tenants stably and safely housed throughout the last year. Several of our clients moved from unstable circumstances and escaped displacement by transitioning into our rentals. Urban Hope completed its second mortgage refinancing of a multi- family property, completed construction on its first four-bedroom single-family home, purchased an abandoned church building with a vision to renovate into Urban Hope's headquarters and four affordable rental units. Urban Hope maintained partnership with 48 private lenders, which supported the purchase and renovation of properties. Urban Hope launched two pilot homeownership programs (Lease to Own and Opportunity House). Urban Hope launched a pilot financial cohort program, successfully graduating nine members and matching their savings 5:1. We continued offering financial health to the public as well. Despite difficult health problems and job loss, our clients and tenants demonstrated great resilience and reliance on one another to continue pursuing their financial goals. UH helped many tenants secure rental relief for their pandemic hardships. Urban Hope made great strides towards our mission of making home a cornerstone of opportunity by keeping it affordable. 657717 true true false false false false false false false false true false false true false false true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 34 0 true 5 true false false false false false false false false false false false false X 6 6 false false false false false false false true true false false true true true true false true false false false X Urban Hope 8043962198 1111 N 25th 2 Richmond VA 23223 Sarah Hale President 40.00 X 86400 0 0 Dontrese Brown Vice President 1.00 X X 0 0 0 Shawn Maida Treasurer 1.00 X X 0 0 0 Caitie Rountree-Chan Secretary 1.00 X X 0 0 0 Tom Mitchell Director 1.00 X 0 0 0 Nelson Reveley Director 1.00 X 0 0 0 Iesha Williams Director 1.00 X 0 0 0 86400 0 0 false false false 1327283 1327283 Program Rental Income 531110 233964 0 0 Program Management Fee 531310 385 0 0 234349 65 0 0 1561697 234414 0 0 86400 39744 31104 15552 220808 101572 79491 39745 35128 16159 12646 6323 23022 10590 8288 4144 18400 18400 0 0 15940 0 15940 0 20806 0 20806 0 14632 0 7197 7435 14000 6440 5040 2520 4686 4686 0 0 61543 61543 0 0 69575 69575 0 0 28248 24724 3524 0 Operating Expense 13123 5070 6069 1984 Program Expense 15207 15207 0 0 Property Expense 213468 213468 0 0 Software 7518 5902 1146 470 64637 64637 0 0 927141 657717 191251 78173 X 712668 1058386 25040 14235 3904863 152528 2782893 3752335 11453 21591 3532054 4846547 6792 328428 579574 2083490 2505490 2411918 3091856 X 1021919 1597804 98217 156887 1120136 1754691 3532054 4846547 X 634556 X X false true X true false X 0 145741 229822 474897 879798 1327283 3057541 0 0 145741 229822 474897 879798 1327283 3057541 0 3057541 126444 178361 234414 539219 0 0 3596760 0.85010 0.85820 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 795164 795164 2927152 150339 2776813 10579 2189 8390 171968 171968 3752335 Mortgage Escrows and Reserves 14091 Deposits 7500 21591 1561697 1561697 1561697 927142 927142 927142 Pt VI, Line 11b The form 990 is distributed electronically to the Governing body for review prior to filing. Pt VI, Line 12c The Board of Directors perform an annual review. Pt VI, Line 19 Documents are made upon request. Pt XI Prior Period Adjustment of $3,215 for change in beginning depreciation amount. Pt X Prior to 2021, the opportunity lender notes were classified as secured and held on line 23. During 2021 we have moved these to unsecured on line 24. Pt XII, Line 1 The Organization uses the cash hybrid method of accounting. Urban Hope Properties LLC PO Box 23171 Richmond VA 23223 541997025 Affordable Housing VA Urban Hope Inc 0.00000 Cox Church Hill LLC PO Box 23171 Richmond VA 23223 464029951 Affordable Housing VA Urban Hope Inc 0.00000 Church Hill Phoenix LLC PO Box 23171 Richmond VA 23223 465740512 Affordable Housing VA Urban Hope Inc 0.00000 Housing Hope LLC PO Box 23171 Richmond VA 23223 273295056 Affordable Housing VA Urban Hope Inc 0.00000 1003 N 20th Street LLC PO Box 23171 Richmond VA 23223 541997025 Affordable Housing VA Urban Hope Inc 0.00000 1300 N 38th Street LLC PO Box 23171 Richmond VA 23223 541997025 Affordable Housing VA Urban Hope Inc 0.00000 Shalom Housing LLC PO Box 23171 Richmond VA 23223 472361200 Affordable Housing VA Urban Hope Inc 0.00000 Jubilee LLC PO Box 23171 Richmond VA 23223 300885310 Affordable Housing VA Urban Hope Inc 0.00000 Hillkeepers LLC PO Box 23171 Richmond VA 23223 824171642 Affordable Housing VA Urban Hope Inc 0.00000 1701 N 21st Street LLC PO Box 23171 Richmond VA 23223 824171642 Affordable Housing VA Urban Hope Inc 0.00000 false false false false false false false false false false false false false false false false false false false