2025-10-10T02:41:34-05:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2024-01-01 461215609 BALTIMORE REGIONAL HOUSING PARTNERSHIP INC BALT 6672072140 100 N CHARLES STREET 2ND FLOOR BALTIMORE MD 21201 ADRIA CRUTCHFIELD EXECUTIVE DIRECTOR 6672072140 2025-10-08 1 1 LORI ROTHE YOKOBOSKY P01273422 4107834900 2024 2025-03-06 01:10:19Z ADRIA CRUTCHFIELD 100 N CHARLES STREET 2ND FLOOR BALTIMORE MD 21201 103860836 0 X WWW.BRHP.ORG X 2012 MD EXPANDS HOUSING CHOICES OF LOW-INCOME FAMILIES IN SAFE & ECONOMICALLY VIBRANT COMMUNITIES. 19 19 90 19 0 0 90585225 98891991 4648102 4727372 256209 241473 0 0 95489536 103860836 85521535 93846677 0 0 4604980 5527622 0 0 0 1674333 1929769 91800848 101304068 3688688 2556768 28173803 30222295 4015977 3507701 24157826 26714594 THE BALTIMORE REGIONAL HOUSING PARTNERSHIP EXPANDS HOUSING CHOICES FOR LOW-INCOME FAMILIES WHO HAVE HISTORICALLY BEEN EXCLUDED FROM HOUSING IN WELL-RESOURCED AREAS. 0 0 98242924 93666677 4727372 BRHP IS THE 3RD LARGEST HCV ADMINISTRATOR IN THE REGION, SERVING OVER 4,300 HOUSEHOLDS THROUGH THE NATIONALLY-RECOGNIZED HOUSING MOBILITY PROGRAM THAT COMBINES RENTAL ASSISTANCE & COUNSELING SUPPORTS TO EMPOWER FAMILIES WITH LIFE-CHANGING CHOICE. BRHP'S FAMILIES, THE MAJORITY OF WHOM HAVE YOUNG CHILDREN, CHOOSE TO MOVE FROM SOME OF THE MOST IMPOVERISHED AREAS IN BALTIMORE TO SOME OF THE REGION'S BEST. THESE TRANSITIONS HAVE BEEN SHOWN TO HAVE LONG-LASTING POSITIVE EFFECTS ON CHILDREN & DRASTIC HEALTH AND EARNINGS POTENTIAL IMPROVEMENTS ON ADULTS. FOR EACH OF THE LAST 7 YEARS, APPROXIMATELY 98% OF EXPENDITURES GO DIRECTLY TO EMPOWERING FAMILIES WITH TOOLS TO MAKE INFORMED RESIDENTIAL CHOICES. 180000 180000 BRHP ADMINISTERS AN AFFORDABLE HOUSING DEVELOPMENT PROGRAM FOCUSED ON INCREASING THE AVAILABILITY OF UNITS IN NON-IMPACTED AREAS THROUGHOUT THE BALTIMORE REGION. THE PROGRAM USES A RANGE OF TOOLS TO INCREASE THE AVAILABILITY OF UNITS INCLUDING LOANS, LONG-TERM PROJECT BASED VOUCHER RENTAL SUBSIDIES AND A HOMEOWNERSHIP PROGRAM. 98422924 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2256 0 1 90 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X ALISON JAMES 6672072142 100 N CHARLES STREET 2ND FLOOR BALTIMORE MD 21201 ABHIJEET BHUTRA OUTGOING BOARD MEMBER 1.00 X 0 0 0 BILL TAMBURRINO BOARD MEMBER 1.00 X 0 0 0 CAYLIN YOUNG BOARD MEMBER 1.00 X 0 0 0 CHERYL BOYER BOARD MEMBER 1.00 X 0 0 0 COURTNEY MCKENNEY BOARD MEMBER 1.00 X 0 0 0 DWIGHT MCTIZIC BOARD MEMBER 1.00 X 0 0 0 IRIS BRADFORD BOARD MEMBER 1.00 X 0 0 0 JOSHUA CIVIN PRESIDENT 3.00 X X 0 0 0 KRIS MARSH OUTGOING BOARD MEMBER 1.00 X 0 0 0 KRYSTAL BILLUPS BOARD MEMBER 1.00 X 0 0 0 MATT HILL BOARD MEMBER 1.00 X 0 0 0 MEGAN HABERLE BOARD MEMBER 1.00 X 0 0 0 MICHAEL OPPENHEIMER BOARD MEMBER 1.00 X 0 0 0 MONICA RHODES OUTGOING BOARD MEMBER 1.00 X 0 0 0 RACHEL THORNTON VICE CHAIR 1.00 X X 0 0 0 RYAN DOWNER BOARD MEMBER 1.00 X 0 0 0 SONYA BRAITHWAITE SECRETARY 1.00 X X 0 0 0 STEVEN CLARK BOARD MEMBER 1.00 X 0 0 0 TOM COALE BOARD MEMBER 1.00 X 0 0 0 TRENT WILLIAMS TREASURER 3.00 X X 0 0 0 ZELDA TALLY BOARD MEMBER 1.00 X 0 0 0 ADRIA CRUTCHFIELD EXECUTIVE DIRECTOR 40.00 X 195015 0 15354 ALISON JAMES FINANCIAL OPERATIONS DIR 40.00 X 141285 0 22768 FASHAUNDA COX-WALTON HCV DIRECTOR 40.00 X 118757 0 13255 JOAN ODOGWU DEPUTY FINANCE DIRECTOR 40.00 X 107940 0 8838 PETER CIMBOLIC MANAGING DIRECTOR 40.00 X 129869 0 21618 692866 0 81833 5 0 1 0 0 98860789 31202 98891991 ADMINISTRATIVE FEE REVENUE 561000 4505582 4505582 SERVICE CONTRACT REVENUE 561000 221790 221790 4727372 241473 241473 103860836 4727372 0 241473 93846677 93846677 374422 239290 135132 4170177 2664584 1505593 98923 63335 35588 515900 330304 185596 368200 234838 133362 77094 77094 60567 44149 16418 39092 39092 274191 123581 150610 239971 172563 67408 486085 349544 136541 261088 187747 73341 104232 74953 29279 19925 14328 5597 141051 141051 21381 21381 BANK FEE 106805 4061 102744 PROFESSIONAL DEVELOPMEN 80028 57548 22480 DUES AND SUBSCRIPTIONS 10100 7263 2837 BAD DEBTS EXPENSES 8159 8159 101304068 98422924 2881144 0 14306851 12442082 252549 253993 796922 1228723 6891756 7751342 1498871 338548 1295050 1160323 2758796 5659487 1871879 1726345 28173803 30222295 548564 700874 475488 2991925 2806827 4015977 3507701 X 6230116 6935819 17927710 19778775 24157826 26714594 28173803 30222295 2556768 0 X 0 1 X 1 1 1 X 77948184 83041289 84254331 90585225 98891991 434721020 77948184 83041289 84254331 90585225 98891991 434721020 434721020 28336 4231 140133 256209 241473 670382 33679 9601 43280 435434682 21892058 0.99840 0.99870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1441269 294805 1146464 57602 43743 13859 1160323 LEASE LIABILITY 2806827 2806827 X 103860836 0 103860836 0 103860836 101304068 0 101304068 0 101304068 PART X, LINE 2: BRHP IS EXEMPT FROM FEDERAL TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE A PROVISION FOR FEDERAL AND STATE INCOME TAXES. BRHP RECOGNIZES INTEREST EXPENSE AND PENALTIES ON INCOME TAXES RELATED TO UNCERTAIN TAX POSITIONS IN MANAGEMENT AND GENERAL ADMINISTRATION EXPENSES ON THE STATEMENTS OF ACTIVITIES AND CHANGE IN NET ASSETS AND ACCOUNTS PAYABLE AND ACCRUED EXPENSES ON THE STATEMENTS OF FINANCIAL POSITION. THERE IS NO PROVISION IN THESE FINANCIAL STATEMENTS FOR PENALTIES AND INTEREST ON INCOME TAXES RELATED TO UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. BRHP IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2021. 1 HOUSING ASSISTANCE PAYMENTS 4700 91149427 ACTIVITIES FOR CHILD ENRICHMENT STIPENDS 3553 1831232 SECURITY DEPOSIT ASSISTANCE 311 600377 GAIN PROGRAM 62 48350 SCHOOL SUPPLIES 710 23726 BOOK BACKPACKS, BOOKS, FOLDERS, PAPER, PENS ETC MOVING SUPPORT 65 6500 PART I, LINE 2: THE BALTIMORE REGIONAL HOUSING PARTNERSHIP (BRHP) MONITORS THE USE OF HOUSING ASSISTANCE PAYMENTS BY ADHERING TO ALL FEDERAL STATUTES AND REGULATIONS RELATED TO THE HOUSING CHOICE VOUCHER PROGRAM. BRHP CONDUCTS MONTHLY FINANCIAL MONITORING THROUGH THE USAGE OF THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT'S VOUCHER MANAGEMENT SYSTEM (VMS) AND AS A RECIPIENT OF FEDERAL FUNDS, ALSO PARTICIPATES IN AN A-133 COMPLIANCE AUDIT. BRHP RECERTIFIES FAMILY INCOME REGULARLY AND ENSURES THAT PAYMENTS ON BEHALF OF PARTICIPANTS IN THE HCV PROGRAM ARE ACCURATE. BRHP ALSO HAS IMPLEMENTED AN INTERNAL QUALITY CONTROL SYSTEM TO MEASURE THE ACCURACY OF PAYMENTS. X X X 0 0 0 0 0 0 0 0 0 ADRIA CRUTCHFIELD EXECUTIVE DIRECTOR 190187 0 4600 0 228 0 6911 0 8443 0 210369 0 0 0 ALISON JAMES FINANCIAL OPERATIONS DIR 134877 0 5100 0 1308 0 2870 0 19898 0 164053 0 0 0 PETER CIMBOLIC MANAGING DIRECTOR 125081 0 4500 0 288 0 5460 0 16158 0 151487 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE 990 AND REPORTS TO THE FULL BRHP BOARD. THE FORM 990 IS AVAILABLE FOR ALL BOARD MEMBERS TO INSPECT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C WHEN AN OFFICER, DIRECTOR, OR KEY EMPLOYEE BECOMES AWARE OF A PROPOSED COVERED TRANSACTION, HE OR SHE SHALL HAVE A DUTY TO TAKE THE FOLLOWING ACTIONS: IMMEDIATELY DISCLOSE THE EXISTENCE AND CIRCUMSTANCES OF SUCH COVERED TRANSACTION TO THE CHAIR OF THE AUDIT COMMITTEE, IN THE CASE OF A COVERED TRANSACTION INVOLVING A DIRECTOR OR THE PRESIDENT, OR TO THE CORPORATION'S PRESIDENT IN ALL OTHER CASES; REFRAIN FROM USING HIS OR HER PERSONAL INFLUENCE TO ENCOURAGE THE CORPORATION TO ENTER INTO THE COVERED TRANSACTION; AND PHYSICALLY EXCUSE HIMSELF OR HERSELF FROM PARTICIPATION IN ANY DISCUSSIONS REGARDING THE COVERED TRANSACTION WITH OFFICERS, DIRECTORS, AND EMPLOYEES OF THE CORPORATION, EXCEPT TO RESPOND TO REQUESTS FOR INFORMATION. IN ORDER TO ASSIST THE CORPORATION IN IDENTIFYING POTENTIAL COVERED TRANSACTIONS, EACH OFFICER, DIRECTOR, AND KEY EMPLOYEE ANNUALLY SHALL COMPLETE AND SIGN A CONFLICT OF INTEREST DECLARATION PROVIDED BY THE CORPORATION, AND SHALL UPDATE SUCH DECLARATION AS NECESSARY TO REFLECT CHANGES DURING THE COURSE OF THE YEAR. COMPLETED DECLARATIONS SHALL BE AVAILABLE FOR INSPECTION BY THE BOARD OF DIRECTORS AND THE OFFICERS OF THE CORPORATION AND BY SUCH OTHER PERSONS AS THE AUDIT COMMITTEE OR THE PRESIDENT MAY DEEM APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION CONDUCTS SALARY SURVEYS OF SIMILAR ORGANIZATIONS FOR THE EXECUTIVE DIRECTOR POSITION, AS WELL AS OFFICERS AND KEY EMPLOYEES, AND THE BOARD OF DIRECTORS APPROVES A SALARY RANGE. APPROVED COMPENSATION ARRANGEMENTS ARE DOCUMENTED IN WRITING PRIOR TO BEING PAID. FORM 990, PART VI, SECTION C, LINE 19 BRHP'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.