2025-07-11T10:44:32-05:00 2022-12-31 541953476 DAVIDSON DOYLE & HILTON LLP PO BOX 800 LYNCHBURG VA 245050800 990 2022-01-01 541509522 NELSON COUNTY COMMUNITY DEVELOPMENT FOUNDATION NELS 4342638074 PO BOX 57 LOVINGSTON VA 22949 MARGARET CLAIR EXECUTIVE DIRECTOR 4342638074 2025-02-28 1 0 AMY A GALLAGHER CPA P00884747 4348467611 2022 2025-03-06 01:10:19Z X MARGARET CLAIR PO BOX 57 LOVINGSTON VA 22949 579687 0 X HTTPS://NCCDF.ORG/ X 2001 VA TO FOSTER AND PROMOTE COMMUNITY DEVELOPMENT THAT PRIMARILY BENEFITS LOW- TO MID-INCOME CITIZENS OF NELSON COUNTY WITH HOUSING, HEALTH, WATER AND WASTEWATER, EDUCATION AND ECONOMIC DEVELOPMENT. 7 6 5 6 0 0 326441 365954 218162 236456 9089 3504 0 -26227 553692 579687 0 0 0 0 142320 160698 0 0 6636 504904 333278 647224 493976 -93532 85711 2925459 3085124 418296 411917 2507163 2673207 TO FOSTER AND PROMOTE COMMUNITY DEVELOPMENT THAT PRIMARILY BENEFITS LOW- TO MID-INCOME CITIZENS OF NELSON COUNTY WITH HOUSING, HEALTH, WATER AND WASTEWATER, EDUCATION AND ECONOMIC DEVELOPMENT. 0 0 405475 HOME CONSTRUCTION, HOMEOWNER REHABILITATION, MAINTENANCE, PLUMBING AND SEWERE REPAIRS FOR LOW AND MODERATE INCOME PERSONS AND AFFORDABLE HOUSING DEVELOPMENT FOR FIRST TIME HOMEBUYERS AND FOR RENT. 405475 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X X NELSON COUNTY COMMUNITY DEVELOPMENT FOUNDATION 4342638074 PO BOX 57 LOVINGSTON VA 22949 MARGARET CLAIR EXECUTIVE DIRECTOR 45.00 X X 53133 0 0 MARTA KEANE DIRECTOR 3.00 X 0 0 0 PEGGY WHITEHEAD DIRECTOR 3.00 X 0 0 0 CONNIE BRENNAN DIRECTOR 3.00 X 0 0 0 WOODY GREENBERG VICE PRESIDENT 3.00 X 0 0 0 CONNY ROUSSOS TREASURER 4.00 X 0 0 0 VINCENT VALENTINO PRESIDENT 4.00 X 0 0 0 53133 0 0 0 0 0 0 RENAISSANCE RIDGE LLC 270 SAWMILL CREEK DR NELLYSFORD VA 22958 165905 1 327617 38337 365954 RENTAL INCOME 624100 105044 105044 VHDA AGENT FEES 624100 104078 104078 MANAGEMENT FEES 624100 21658 21658 CLIENT RIEMBURSEMENTS 624100 3676 3676 LOAN INCOME 624100 2000 2000 236456 3504 3504 MISC REVENUE 624100 1071 1071 LATE FEES 624100 49 49 INVESTMENT IN NELSON C 624100 -27347 -27347 -26227 579687 213733 0 0 132996 101894 27751 3351 18700 14327 3902 471 9002 6897 1878 227 780 780 9655 9655 5083 5083 2126 444 1682 6458 3229 3229 20482 10241 10241 7996 7996 50321 50321 517 517 COST OF PROGRAM 154964 154964 RENTAL PROPERTY EXPENSE 51542 51542 MISCELLANEOUS ADMIN EXP 15324 7662 7662 TELEPHONE 2087 1044 1043 5943 3354 1684 905 493976 405475 81865 6636 524626 528915 14588 793 394871 375207 11531 1893056 423818 1264587 1469238 726787 699440 2925459 3085124 2311 3740 183282 183282 232703 224895 418296 411917 X 1092292 2451800 1414871 221407 2507163 2673207 2925459 3085124 85711 80333 0 X X 0 1 X 0 0 X 124862 215354 244026 525041 327617 1436900 124862 215354 244026 525041 327617 1436900 1436900 5012 7868 2888 4797 3504 24069 1460969 0.98350 0.97810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 222743 222743 1496542 416637 1079905 7865 7181 684 165906 165906 1469238 INVESTMENT IN NELSON CENTER 699440 699440 FISCAL AGENT DEPOSITS 17880 SECURITY DEPOSITS 7015 PROJECT LOAN 200000 224895 579687 0 579687 0 579687 493976 0 493976 0 493976 SCHEDULE D, PART VI, LINE E EXPENSES RELATED TO RENAISSANCE RIDGE WERE INITIALLY RECORDED AS OPERATING EXPENSES. HOWEVER, THESE COSTS WERE SUBSEQUENTLY RECLASSIFIED TO PREDEVELOPMENT COSTS, PENDING COMPLETION OF THE PROJECT. ONCE THE PROJECT IS FINISHED, THESE COSTS WILL BE FURTHER REVIEWED FOR CAPITALIZATION AS PART OF THE FIXED ASSETS. FORM 990, PART VI, SECTION B, LINE 11B BOARD MEMBERS RECEIVED EITHER A PAPER COPY OR AN EMAIL ATTACHMENT OF THE 990 DRAFT AND GIVEN OPPORTUNITY TO REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE ASKED UPON ACCEPTANCE TO THE BOARD AND ANNUALLY IF THERE ARE ANY POSSIBLE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A BOARD MEMBERS COMPARE WAGE LEVELS OF COMPARABLE NONPROFITS ALONG WITH REGIONAL WAGE INFORMATION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE EITHER ON THEIR WEBSITE OR AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 3B: PREVIOUS YEAR AUDITOR ANNOUNCED IN LATE SEPTEMBER THAT HE WOULD NOT BE DOING THE 6/23 AUDIT OR 990 FILING. NCCDF RAN INTO DIFFICULTIES IN SECURING AN AUDITOR AT SUCH LATE NOTICE.