2025-11-14T11:52:50+00:00 2024-12-31 440160260 Forvis Mazars LLP 4161 Piedmont Parkway Suite 310 Greensboro NC 27410 990 2024-01-01 541525662 Coastal Housing Corporation COAS 5403822002 448 Depot Street Christiansburg VA 24073 Jeffrey Reed President 2025-11-14 true Kevin Rayfield P00290535 3368895156 2025-11-06 2024 2025-03-06 01:10:19Z JEFFREY REED 448 Depot Street Christiansburg VA 24073 900605 false X N/A X 2001 VA LOW INCOME HOUSING 9 9 0 0 0 0 782476 894292 4332 6313 0 786808 900605 0 0 185885 195719 0 0 886660 940379 1072545 1136098 -285737 -235493 1891754 1686483 447982 478204 1443772 1208279 LOW INCOME HOUSING false false 1025391 894292 THE ORGANIZATION PROVIDES 104 LOW INCOME HOUSING UNITS IN PORTSMOUTH, VirginiA UNDER SECTION 236 OF THE NATIONAL HOUSING ACT. 1025391 true false false false false false false false false false true false false true true true true true false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false false true 0 0 0 false false false false false false false false X 9 9 false false false false false false false true true false false false true true true true true true false false false false VA X JEFFREY REED 5403822002 448 Depot Street Christiansburg VA 24073 Ana Castilla Vice Chair 1.0 1.0 X 0 0 0 Charles Famuliner Past Chair 1.0 1.0 X 0 0 0 Deborah Sherman Lee Member 1.0 1.0 X 0 0 0 Harold Nassau Member 1.0 1.0 X 0 0 0 John Randolph Member 1.0 1.0 X 0 0 0 Nathan Kerr Member 1.0 1.0 X 0 0 0 Racquel Reddie Board Chair 1.0 1.0 X 0 0 0 Shawn McMahon Member 1.0 1.0 X 0 0 0 Susan Sisk Member 1.0 1.0 X 0 0 0 J Andy Hall COO 1.0 40.0 X 0 343506 39583 Jeffrey Reed CEO/President 1.0 40.0 X 0 445371 59710 Lance Sutherland EVP / CFO 1.0 40.0 X 0 278113 62425 0 1066990 161718 3 false true false 0 0 Rental Income 531110 894292 894292 0 0 0 0 894292 6313 6313 0 0 0 0 0 0 0 0 0 900605 894292 0 6313 139653 96849 42804 41387 41387 0 14679 14679 0 67903 0 67903 4322 4322 0 20018 20018 0 0 0 0 0 18037 18037 0 192455 192455 0 72724 72724 0 Operating and Maintenance 248524 248524 0 Administrative Expenses 149523 149523 0 Utilities 97949 97949 0 Taxes 68302 68302 0 622 622 0 0 1136098 1025391 110707 0 864 701 38704 26238 0 0 0 0 33608 35136 6031337 4961335 1135738 1070002 0 0 682840 554406 1891754 1686483 391256 403989 4264 19351 0 0 52462 54864 447982 478204 1443772 1208279 1443772 1208279 1891754 1686483 -235493 0 X false true true false X 0 745627 754981 779763 782476 894292 3957139 0 0 0 745627 754981 779763 782476 894292 3957139 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3957139 2327 573 668 4332 6313 14213 0 2327 573 668 4332 6313 14213 0 0 0 0 0 0 0 747954 755554 780431 786808 900605 3971352 0.99642 0.99715 0 0.0 X 268869 268869 5266752 4636833 629919 78972 78972 0 19831 19831 0 396913 225699 171214 1070002 TENANT SECURITY DEPOSITS 56031 ESCROW DEPOSITS 12679 RESIDUAL RECEIPTS reserve 237218 Replacement reserves 248478 554406 Federal Income Taxes SECURITY DEPOSIT LIABILITY 54864 54864 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Organization is exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code and the tax statutes of the Commonwealth of Virginia; accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes. false false false false false false false false false Jeffrey Reed CEO/President 0 403831 0 40508 0 1032 0 40922 0 18788 0 505081 0 0 J Andy Hall COO 0 310923 0 31551 0 1032 0 38323 0 1260 0 383089 0 0 Lance Sutherland EVP / CFO 0 250476 0 27397 0 240 0 36282 0 26143 0 340538 0 0 Schedule J, Part I, Line 3 Community Housing Partners Corporation's board COLLECTS INDEPENDENT DATA ON COMPENSATION FROM OTHER LIKE ORGANIZATIONS AND APPROVES COMPENSATION FOR THE CEO, CFO, COO, AND VICE-PRESIDENTS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE BOARD APPROVES THE 990. Form 990, Part VI, Line 12c Conflict of interest policy The Organization follows the conflict of interest policy of its parent organization. Form 990, Part VI, Line 19 Required documents available to the public Documents are available for public inspection at the main office. 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