2024-05-28T11:45:35-07:00 2023-12-31 541950231 DOOLEY & VICARS 21 S SHEPPARD ST RICHMOND VA 23221 990 2023-01-01 541479059 BETTER HOUSING COALITION BETT 8046440546 PO BOX 12117 RICHMOND VA 23241 JULIE HOVERMALE VICE PRESIDENT/CFO 8046440546 2024-05-28 true JULIE HOVERMALE 000000000 true Thomas E Turner CPA P01275584 8043552808 2024-05-28 0 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z JULIE HOVERMALE PO BOX 12117 RICHMOND VA 23241 13142457 false X BETTERHOUSINGCOALITION.ORG X 1988 VA TO DEVELOP AFFORDABLE HOUSING COMMUNITIES IN THE RICHMOND, VIRGINIA METROPOLITAN AREA. 20 20 89 25 0 0 7097058 7782314 228000 160688 7218 -639231 48855 132872 7381131 7436643 482721 1983338 0 0 2317231 2237612 0 0 162096 861664 1011094 3661616 5232044 3719515 2204599 35711491 48245699 7802351 17156121 27909140 31089578 TO DEVELOP AFFORDABLE HOUSING COMMUNITIES IN THE RICHMOND, VIRGINIA METROPOLITAN AREA. false false 4421570 1983338 7956278 DEVELOPMENT AND/OR RENOVATION FOR AFFORDABLE HOUSING AND ASSISTANCE OF COMMUNITY HOUSING ORGANIZATION. 4421570 true true false false false false false false false false true false true true true true false true false false false false false false true false false true true true false false false false false false false false true false false false false true true true true false true 46 0 89 true false false false false false false false false false false X 20 20 false false false false false false false true true false false true true true true true true true false false VA X THE ORGANIZATION 8046440546 PO BOX 12117 RICHMOND VA 23241 GRETA HARRIS PRESIDENT & CEO 40.00 X 339050 0 35202 JULIE HOVERMALE VICE PRESIDENT & CFO 40.00 X 199285 0 18420 MATT SCAPARRO VP OF PROPERTY MANAGEMENT 40.00 X 137539 0 21313 LEE ALFORD DIRECTOR OF MULTI-FAMILY DEVEL 40.00 X 98911 0 22358 STACIE BIRCHETT VP OF RESOURCE DEVELOP. 40.00 X 112144 0 6394 TODD WALDO CHAIR 2.00 X X 0 0 0 KRISTIN SWANLUND VICE CHAIR 2.00 X X 0 0 0 VERONICA FLEMING SECRETARY 2.00 X X 0 0 0 RICHARD DICKINSON TREASURER 2.00 X X 0 0 0 ATMA IYER IMMEDIATE PAST CHAIR 2.00 X 0 0 0 SARAH BROOKS DIRECTOR 2.00 X 0 0 0 REV DR ROBERT DIGGS DIRECTOR 2.00 X 0 0 0 DUKE DODSON DIRECTOR 2.00 X 0 0 0 DR LORI DWYER DIRECTOR 2.00 X 0 0 0 CHERYL GROCE-WRIGHT DIRECTOR 2.00 X 0 0 0 LINDA T HINES DIRECTOR 2.00 X 0 0 0 PATRICIA BRADBY MOORE DIRECTOR 2.00 X 0 0 0 CAROLYN REWANE DIRECTOR 2.00 X 0 0 0 DAVID RING DIRECTOR 2.00 X 0 0 0 PAUL SHEEHY DIRECTOR 2.00 X 0 0 0 ZANAS TALLEY DIRECTOR 2.00 X 0 0 0 BEVERLY WALKER DIRECTOR 2.00 X 0 0 0 VIDA WILLIAMS DIRECTOR 2.00 X 0 0 0 LISSY S BRYAN PAST CHAIR 2.00 X 0 0 0 CARTER MCDOWELL CO-FOUNDER 2.00 X 0 0 0 886929 0 103687 4 false true false BDO USA LLP PO BOX 642743 PITTSBURGH PA 15264 AUDIT & TAX SERVICES 150968 BOOTHE ENTERPRISES 3303 GAULDING LANE RICHMOND VA 23223 GENERAL CONTRACTOR 349658 HD Supply Facilities Maintenance LTD P O Box 509058 SAN DIEGO CA 92150 BUILDING SUPPLIES 427289 Johnson Debris Removal & Hauling 712 E Gladstone Avenue RICHMOND VA 23222 TRASH HAULING 118110 Senex Law PC PO BOX 3472 HAMPTON VA 23663 LEGAL SERVICES 116170 6 488375 3542944 3750995 7782314 COMMUNITY SOCIAL WORK 531110 62688 0 0 ACCOUNTING AND OFFICE 531110 98000 0 0 160688 137276 0 0 4881448 5657955 -776507 -776507 -776507 0 0 167456 47859 119597 0 119597 MISCELLANEOUS INCOME 531110 13275 13275 0 0 13275 7436643 -465268 0 119597 1974182 1974182 9156 9156 1853131 1389848 370626 92657 80774 60580 16155 4039 181692 136269 36338 9085 122015 91511 24403 6101 1260 945 252 63 27231 20423 5446 1362 139158 104368 27832 6958 134324 100743 26865 6716 51092 38319 10218 2555 24772 18579 4954 1239 195481 146611 39096 9774 19206 14405 3841 960 32124 24093 6425 1606 42444 31833 8489 2122 35568 26676 7114 1778 RESIDENT SERVICES 6809 6809 0 0 BOARD AND COMMITTEE 51226 38420 10245 2561 OTHER 31162 23372 6232 1558 FINANCIAL EXPENSES 117866 88400 23573 5893 101371 76028 20274 5069 5232044 4421570 648378 162096 X 5975189 5774641 984059 2449258 25000 15750 225358 323738 48379 66940 1033353 317746 1467323 715607 234275 248705 735694 3636919 26016214 35014141 35711491 48245699 98370 40279 62280 263215 7453333 16700393 188368 152234 7802351 17156121 X 25270642 27687138 2638498 3402440 27909140 31089578 35711491 48245699 X 2204599 975839 X X false true true false X 0 4373662 6433952 8170661 7097058 7782315 33857648 0 0 4373662 6433952 8170661 7097058 7782315 33857648 0 33857648 47054 28375 43271 7218 137276 263194 168732 69606 39156 0 0 277494 8183 4464 0 0 12647 34410983 0.98390 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: OTHER 2019: 8183. 2020: 4464. 2021: 0. 2022: 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 640000 640000 9875 9875 0 383478 307871 75607 715607 RELATED PARTY INVESTMENTS 3009785 C ENDOWMENT 627134 C 3636919 N/R - RELATED PARTIES 25231828 A/R - RELATED PARTIES 1404071 CASH - DONOR RESTRICTED 404538 RIGHT OF USE ASSETS 140654 MISCELLANEOUS OTHER ASSETS 0 RESTRICTED CASH 9783 CONSTRUCTION IN PROGRESS 1923631 CAPITALIZED COSTS 381236 OTHER INVESTMENTS 5518400 35014141 LEASE LIABILITY 142635 DEPOSITS HELD IN TRUST 5000 ACCRUED INTEREST 4599 152234 X Pt X, Line 2 BETTER HOUSING COALITION AND ITS AFFILIATES, AFFORDABLE RESIDENCES IN CHESTERFIELD, AFFORDABLE RESIDENCES IN CHESTERFIELD II, RICHMOND AFFORDABLE HOUSING AND RICHMOND URBAN SENIOR HOUSING, ARE NONPROFIT CHARITABLE ORGANIZATIONS OTHER THAN PRIVATE FOUNDATIONS, AS DEFINED BY INTERNAL REVENUE CODE SECTION 501(C)(3) AND ARE NOT SUBJECT TO FEDERAL OR VIRGINIA INCOME TAXES. BHC MANAGEMENT COMPANY HAS BEEN GRANTED TAX EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(4). THE COALITION'S CONTROLLED LIMITED LIABILITY PARTNERSHIPS AND LIMITED LIABILITY COMPANIES ARE SUBJECT TO FEDERAL AND STATE INCOME TAXES AT THE PARTNER AND MEMBER LEVEL. BETTER HOUSING COALITION AND ITS NON-PROFIT SUBSIDIARIES NOTED ABOVE, HAVE A PARTNER OR MEMBER INTEREST IN EACH OF THESE TAXABLE ENTITIES, ACCORDINGLY, THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT PROVISION OF FEDERAL OR STATE INCOME TAXES. Pt V, Line 4 BETTER HOUSING COALITION HAS AN ENDOWMENT HELD AT THE COMMUNITY FOUNDATION. BHC RECEIVES INTEREST YEARLY THAT IS TO BE USED TOWARDS REAL ESTATE DEVELOPMENT ACTIVITIES. 35TH ANNIVERSARY 39965 39965 47859 OTHER MISC 15078 15078 7184 55043 55043 55043 55043 0 true RICHMOND AFFORDABLE HOUSING PO BOX 12117 RICHMOND VA 23241 541860225 501(C)(3) SEE PART IV false true false false false false false false false GRETA HARRIS 309050 0 30000 0 0 0 29098 0 6104 0 374252 0 0 0 JULIE HOVERMALE 181785 0 17500 0 0 0 11390 0 7029 0 217704 0 0 0 MATT SCAPARRO 125039 0 12500 0 0 0 5412 0 15902 0 158853 0 0 0 Pt I Line 4b THE PRESIDENT & CEO PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. DURING 2023 THERE WERE $ IN CONTRIBUTIONS. false true false Pt X THE RETURN WILL BE PROVIDED TO THE BOARD PRIOR TO FILING WITH THE IRS. Pt VI, Line 12c ANNUALLY, INDIVIDUALS ARE REQUIRED TO MAINTAIN THAT THEY ARE ABIDING BY THE CONFLICT OF INTEREST POLICY WHICH IS MONITORED BY THE VP OF PLANNING. Pt VI, Line 15a THE COMPENSATION COMMITTEE USED A COMPENSATION SURVEY TO DETERMINE THE CEO'S SALARY WHICH WAS APPROVED BY THE BOARD'S COMPENSATION COMMITTEE. Pt VI, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. Pt XII, Line 2c THE ORGANIZATION HAS NOT CHANGED THEIR OVERSIGHT REVIEW PROCESS REGARDING THE AUDIT AND SELECTION OF THEIR INDEPENDENT ACCOUNTANTS. Pt XI OTHER CHANGES TO NET POSITION TOTALING $975,839 CONSIST OF LAND INVESTMENT OF $1,200,000 TO WINCHESTER FOREST 2; LAND DONATION OF $1,075,000 TO HORNER APARTMENTS; EQUITY RECLASSIFICATION OF -$1,499,161 RELATED TO NEW MARKET TAX CREDITS; AND A DISTRIBUTION OF $200,000 RELATED TO THE SALE OF A PROPERTY LOCATED ON GROVE AVE. Pt VI, Line 11b THE RETURN WILL BE PROVIDED TO THE BOARD PRIOR TO FILING WITH THE IRS. RICHMOND AFFORDABLE HOUSING INC PO BOX 12117 RICHMOND VA 23241 541860225 SEE PART VII VA 501(C)(3) true AFFORDABLE RESIDENCES IN CHESTERFIELD PO BOX 12117 RICHMOND VA 23241 541864802 SEE PART VII 501(C)(3) true AFFORDABLE RESIDENCES IN CHESTERFIELD II PO BOX 12117 RICHMOND VA 23241 541842960 SEE PART VII 501(C)(3) true BHC MANAGEMENT COMPANY PO BOX 12117 RICHMOND VA 23241 511904250 SEE PART VII 501(C)(4) true RICHMOND URBAN SENIOR HOUSING INC PO BOX 12117 RICHMOND VA 23241 541983838 SEE PART VII 501(C)(3) true MKT SQ HOUSNG V LLC PO BOX 12117 RICHMOND VA 23241 832287158 RENTAL REALES 0.00000 1617-1621 GROVE AVE PO BOX 12117 RICHMOND VA 23241 541791251 RENTAL REALES 0.00000 AFFORD HIST RESID PO BOX 12117 RICHMOND VA 23241 541931767 RENTAL REALES 0.00000 MKT SQU ELDRLY HSNG PO BOX 12117 RICHMOND VA 23241 541886910 RENTAL REALES 0.00000 MKT SQ ELDLY HSNGI PO BOX 12117 RICHMOND VA 23241 542060052 RENTAL REALES 0.00000 MKTSQ ELDLY HSNGIII PO BOX 12117 RICHMOND VA 23241 200765968 RENTAL REALES 0.00000 NINE MILE ROAD LLC PO BOX 12117 RICHMOND VA 23241 383674789 RENTAL REALES 0.00000 NINE MILE RD LLC II PO BOX 12117 RICHMOND VA 23241 202383951 RENTAL REALES 0.00000 300 RANDOLPH PL PO BOX 12117 RICHMOND VA 23241 204225961 RENTAL REALES 0.00000 4101 NORTH AVE LLC PO BOX 12117 RICHMOND VA 23241 261807652 RENTAL REALES 0.00000 4101 N AVE II LLC PO BOX 12117 RICHMOND VA 23241 264408293 RENTAL REALES 0.00000 CLAIBORNE SQU LLC PO BOX 12117 RICHMOND VA 23241 270339981 RENTAL REALES 0.00000 BECKSTOFFER LOFTS PO BOX 12117 RICHMOND VA 23241 275198498 RENTAL REALES 0.00000 NORTH OAK LLC PO BOX 12117 RICHMOND VA 23241 800747272 RENTAL REALES 0.00000 1208 N 28TH ST LLC PO BOX 12117 RICHMOND VA 23241 800762090 RENTAL REALES 0.00000 RICH SCATTRD SITES E PO BOX 12117 RICHMOND VA 23241 454733064 RENTAL REALES 0.00000 RICH SCTTRD SITES W PO BOX 12117 RICHMOND VA 23241 454732978 RENTAL REALES 0.00000 2230 VENABLE ST LLC PO BOX 12117 RICHMOND VA 23241 811084653 RENTAL REALES 0.00000 MS IV LLC PO BOX 12117 RICHMOND VA 23241 822189375 RENTAL REALES 0.00000 CARY III PO BOX 12117 RICHMOND VA 23241 541723027 RENTAL REALES 0.00000 CAMEO STREET LLC PO BOX 12117 RICHMOND VA 23241 853162928 RENTAL REALES 0.00000 WINCH FOREST I LLC PO BOX 12117 RICHMOND VA 23241 852992168 RENTAL REALES 0.00000 WINCH FOREST II LLC PO BOX 12117 RICHMOND VA 23241 863819884 RENTAL REALES 0.00000 false true true true false false false false false false false true false true true false true false true RICHMOND AFFORDABLE HOUSING B AMOUNT PAID AFFORDABLE RESIDENCES IN CHESTERFIELD II C AMOUNT PAID RICHMOND AFFORDABLE HOUSING L AMOUNT PAID