2026-02-25T17:56:18-06:00 2025-06-30 541953476 DAVIDSON DOYLE & HILTON LLP PO BOX 800 LYNCHBURG VA 245050800 990 2024-07-01 541509522 NELSON COUNTY COMMUNITY DEVELOPMENT FOUNDATION NELS 4342638074 PO BOX 57 LOVINGSTON VA 22949 MARGARET CLAIR EXECUTIVE DIRECTOR 4342638074 2026-02-21 1 1 AMY A GALLAGHER CPA P00884747 4348467611 2024 2025-03-06 01:10:19Z MARGARET CLAIR PO BOX 57 LOVINGSTON VA 22949 898976 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. 9 8 6 10 0 0 498421 718721 268995 64474 0 3567 0 61345 767416 848107 0 0 0 0 169104 149614 0 0 5696 402354 413867 571458 563481 195958 284626 3330559 3385968 486618 268658 2843941 3117310 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 465387 125819 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. 465387 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 20 0 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 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 79176 0 0 NORA SCOTT DIRECTOR 3.00 X 0 0 0 PEGGY WHITEHEAD SECRETARY 3.00 X 0 0 0 CONNIE BRENNAN DIRECTOR 3.00 X 0 0 0 SHARON HUDSON DIRECTOR 3.00 X 0 0 0 STEVE STOKES DIRECTOR 3.00 X 0 0 0 WOODY GREENBERG VICE PRESIDENT 3.00 X 0 0 0 VINCENT VALENTINO PRESIDENT 3.00 X 0 0 0 VICTOR MONTI TREASURER 3.00 X 0 0 0 79176 0 0 0 0 0 0 0 407169 311552 718721 LOAN INCOME 624100 37274 37274 MANAGEMENT FEES 624100 19992 19992 PROGRAM FEES 624100 7208 7208 64474 3567 3567 112214 50869 61345 61345 61345 848107 125819 0 3567 79176 60660 16521 1995 60857 46625 12698 1534 9581 7340 1999 242 4996 4996 26400 26400 850 850 1837 56 1781 5059 3793 1266 19272 9636 9636 3761 3761 48281 48281 12587 12587 COST OF PROGRAM 240576 240576 UNCOLLECTABLE LOAN EXPE 46602 46602 TELEPHONE 1928 964 964 MISCELLANEOUS 855 655 56 144 863 255 608 563481 465387 92398 5696 695446 325486 493 466873 476363 428957 9444 7931 1894652 452519 1402835 1442133 745978 714588 3330559 3385968 10208 12549 183282 183282 293128 72827 486618 268658 X 2693761 2617056 150180 500254 2843941 3117310 3330559 3385968 284626 -11257 0 X 0 1 X 0 0 X 244026 525041 327617 396683 718721 2212088 244026 525041 327617 396683 718721 2212088 2212088 2888 4797 3504 3505 3567 18261 2230349 0.99180 0.98700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 222743 222743 1498138 445036 1053102 7865 7483 382 165906 165906 1442133 INVESTMENT IN NELSON CENTER 662959 OPERATING LEASE RIGHT-OF-USE ASSET 51629 714588 FISCAL AGENT DEPOSITS 12935 SECURITY DEPOSITS 8263 OPERATING LEASE OBLIGATIONS 51629 72827 887719 39612 39612 848107 0 848107 614350 50869 50869 563481 0 563481 PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN (LOSS) ON INVESTMENT RENTAL PROPERTY EXPENSE PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL PROPERTY EXPENSE 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.