2025-11-17T09:40:57-08:00 2024-12-31 541950231 DOOLEY & VICARS CERTIFIED PUBLIC 1100 BOULDERS PARKWAY NORTH CHESTERFIELD VA 23225 990 2024-01-01 541997025 URBAN HOPE INC URBA 8043962198 P O Box 23171 Richmond VA 23223 Sarah Hale Executive Director 8043962198 2025-11-06 true true Michael H Vicars P01470822 8043552808 2025-11-17 2024 2025-03-06 01:10:19Z Sarah Hale P O Box 23171 Richmond VA 23223 1940201 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. 11 11 10 70 0 0 1714416 1586602 274672 353148 113 451 0 1989201 1940201 0 0 536739 506108 0 91729 534502 902991 1071241 1409099 917960 531102 5375606 6391036 2702954 3187282 2672652 3203754 The primary focus of Urban Hope is to partner with families who seek affordable rental housing and/or home ownership. false false 1070537 0 1939750 Highlights of Urban Hopes program accomplishments for 2024: By the end of 2024, Urban Hope provided 35 units of rental housing, with 104 tenants housed throughout the year and living in stable, safe, affordable housing. With tremendous community support, Urban Hope kept 90% 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 new construction project on a land bank lot awarded by the City of Richmond, hired two new staff members, completed a capital campaign for our HW renovations, and were awarded over $1M in competitive grants for the preservation of 16 of our units. Urban Hope maintained partnership with 52 private lenders, which supported the purchase and renovation of properties. Urban Hope continued its successful financial cohort program, matching their savings 5:1, and reducing client debt, helping secure a drivers license and a new car, and much more. We continued offering financial health to the public as well. Urban Hope made great strides towards our mission of making home a cornerstone of opportunity by keeping it affordable. 1070537 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 true true false false false true 83 0 true 10 true false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true true false X Urban Hope 8043962198 P O Box 23171 Richmond VA 23223 Sarah Hale President 40.00 X 113526 0 0 Dontrese Brown Board Chair 1.00 X X 0 0 0 Nelson Reveley Treasurer 1.00 X X 0 0 0 Allison Scott Secretary 1.00 X X 0 0 0 Caitie Rountree Chan Vice Chair 1.00 X 0 0 0 Angel Ampey Director 1.00 X 0 0 0 Sheri Crowell Director 1.00 X 0 0 0 Anna Danese Director 1.00 X 0 0 0 Abigail George Director 1.00 X 0 0 0 Tom Mitchell Director 1.00 X 0 0 0 LeGrand Northcutt Director 1.00 X 0 0 0 113526 0 0 1 false false false 1586602 18249 1586602 Program Rental Income 531110 353148 0 0 353148 451 0 0 1940201 353599 0 0 506108 253054 177138 75916 41364 0 41364 0 22125 11062 7523 3540 6663 3332 2332 999 111660 111660 0 0 Operating Expense 24066 14440 7701 1925 Program Expense 25153 25153 0 0 Property Expense 446768 442881 2681 1206 Software 19351 17028 1355 968 205841 191927 6739 7175 1409099 1070537 246833 91729 X 1010900 1250258 21919 5376400 336655 4286593 5039745 37051 37051 19143 63982 5375606 6391036 19166 34000 602962 813685 2080826 2339597 2702954 3187282 X 2240344 2685024 432308 518730 2672652 3203754 5375606 6391036 X 531102 X X false true X true false X 0 474897 879798 1327283 1714416 1586602 5982996 0 0 474897 879798 1327283 1714416 1586602 5982996 0 5982996 126444 178361 234414 274739 353599 1167557 0 0 7150553 0.83670 0.85040 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1114624 1114624 4152106 305369 3846737 32715 31286 1429 76955 76955 5039745 Mortgage Escrows and Reserves 39987 Deposits 11000 Loan Settlement Fees 12995 63982 1940201 1940201 1940201 1409099 1409099 1409099 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. Pt VI, Line 15a We have engaged a consultant, Fine HR Consulting, to help guide us in various areas of HR, as well as to conduct some of the HR tasks that are better handled by external professionals. One of those tasks is hiring, which includes marketplace assessments specific to the Richmond nonprofit community. In addition, we annually assess compensation data to ensure our employees are fairly paid, in accordance with their responsibilities and performance. Pt VI, Line 15b Please see 15a above. Form 990, Part IX, Line 24e Consulting 83610. 83610. 0. 0. Form 990, Part IX, Line 24e Fundraising and Marketing 13798. 966. 5657. 7175. Form 990, Part IX, Line 24e Recapitalization Project 107351. 107351. 0. 0. Form 990, Part IX, Line 24e Postage 1082. 0. 1082. 0. 1425 N 19th Street LLC P O Box 23171 Richmond VA 23223 1515 N 35th Street LLC P O Box 23171 Richmond VA 23223 1903 N 23rd Street LLC P O Box 23171 Richmond VA 23223 3516 E Richmond Road LLC P O Box 23171 Richmond VA 23223 615 N 30th Street LLC P O Box 23171 Richmond VA 23223 1325 N 27th Street LLC P O Box 23171 Richmond VA 23223 1417 N 29th Street LLC P O Box 23171 Richmond VA 23223 2300 Fairmount RVA LLC P O Box 23171 Richmond VA 23223 1318 N 28th Street LLC P O Box 23171 Richmond VA 23223 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