PRIME COMMUNITY HOUSING AND DEVELOPMENT: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- PRIME COMMUNITY HOUSING AND DEVELOPMENT (EIN 54-1540461)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-10-31
- IRS object ID
- 202403059349300520
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-10-31T07:36:32-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 991781118 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EAG AFFORDABLE HOUSING LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4249 EASTON WAY STE 210 | AddressLine1Txt |
| City | COLUMBUS | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 43219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541540461 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PETERSBURG COMMUNITY DEVELOPMENT | BusinessNameLine1Txt |
| Business Name Line2 | CORPORATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PETE | BusinessNameControlTxt |
| Phone | 8044206458 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 S SOUTH STREET | AddressLine1Txt |
| City | PETERSBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23803 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES HENDRICKS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8044206458 | PhoneNum |
| Signature | 2024-10-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TODD FENTRESS | PreparerPersonNm |
| PTIN | P01242481 | PTIN |
| Phone | 6145281440 | PhoneNum |
| Preparation | 2024-10-29 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | PATRICK WILLIAMS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 S SOUTH STREET | AddressLine1Txt |
| City | PETERSBURG | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23803 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $233,027 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTPS://WWW.PETERSBURGCDC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1990 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | TO CULTIVATE DYNAMIC AND HEALTHY COMMUNITIES BY DEVELOPING AND OWNING AFFORDABLE HOUSING FOR FAMILIES, SENIORS, AND PEOPLE WITH DISABILITIES IN NEED OF ACCESS TO QUALITY HOUSING OPPORTUNITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 4 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 1 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $22,200 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $0 | PYInvestmentIncomeAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| PY Other Revenue | $10,000 | PYOtherRevenueAmt |
| CY Other Revenue | $233,027 | CYOtherRevenueAmt |
| PY Total Revenue | $32,200 | PYTotalRevenueAmt |
| CY Total Revenue | $233,027 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $25,000 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $25,000 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $194,335 | PYOtherExpensesAmt |
| CY Other Expenses | $367,438 | CYOtherExpensesAmt |
| PY Total Expenses | $219,335 | PYTotalExpensesAmt |
| CY Total Expenses | $392,438 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$187,135 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$159,411 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $697,855 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,068,746 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $447,962 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $749,948 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $249,893 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $318,798 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO CULTIVATE DYNAMIC AND HEALTHY COMMUNITIES BY DEVELOPING AND OWNING AFFORDABLE HOUSING FOR FAMILIES, SENIORS, AND PEOPLE WITH DISABILITIES IN NEED OF ACCESS TO QUALITY HOUSING OPPORTUNITIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $359,640 | ExpenseAmt |
| Revenue | $233,027 | RevenueAmt |
| Desc | TO ERECT OR REHABILITATE AFFORDABLE HOUSING AND PROVIDE ASSISTANCE IN EDUCATING HOMEOWNERS. | Desc |
| Total Program Service Expenses | $359,640 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 4 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 4 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMY BROWN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2406830300 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1375 PICCARD DRIVE SUITE 375 | AddressLine1Txt |
| City | ROCKVILLE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20850 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| JAMES R HENDRICKS | ||||||
| PRES./SEC./TREAS. | 5.00 | Yes (X) | Yes (X) | $10,000 | $0 | $0 |
| ALAN YELLOWITZ | ||||||
| DIRECTOR | 2.00 | Yes (X) | $5,000 | $0 | $0 | |
| JAMIE R O'CONNOR | ||||||
| DIRECTOR | 2.00 | Yes (X) | $5,000 | $0 | $0 | |
| BETH C SILVERMAN | ||||||
| DIRECTOR | 2.00 | Yes (X) | $5,000 | $0 | $0 | |
| ALEXANDER C GRAHAM JR | ||||||
| ASSISTANT SECRETARY | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $25,000 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 531110 | BusinessCd |
| Total Revenue Column | $233,027 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $233,027 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $233,027 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $233,027 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $233,027 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,000 | TotalAmt |
| Program Services | $20,000 | ProgramServicesAmt |
| Management And General | $5,000 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,530 | TotalAmt |
| Program Services | $99,624 | ProgramServicesAmt |
| Management And General | $24,906 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GENERAL AND ADMINISTRAT | Desc |
| Total | $242,908 | TotalAmt |
| Program Services | $240,016 | ProgramServicesAmt |
| Management And General | $2,892 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $392,438 | TotalAmt |
| Program Services | $359,640 | ProgramServicesAmt |
| Management And General | $32,798 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,322 | BOYAmt |
| EOY | $12,474 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $182,014 | BOYAmt |
| EOY | $162,896 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $429,033 | BOYAmt |
| EOY | $826,514 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,486 | BOYAmt |
| EOY | $66,862 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $697,855 | BOYAmt |
| EOY | $1,068,746 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $148,209 | BOYAmt |
| EOY | $189,609 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $299,753 | BOYAmt |
| EOY | $560,339 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $447,962 | BOYAmt |
| EOY | $749,948 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $249,893 | BOYAmt |
| EOY | $318,798 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $249,893 | BOYAmt |
| EOY | $318,798 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $697,855 | BOYAmt |
| EOY | $1,068,746 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$159,411 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | $228,316 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $68,400 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $138,700 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus1 Year | $22,200 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $229,300 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $68,400 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $138,700 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus1 Year | $22,200 | CurrentTaxYearMinus1YearAmt |
| Total | $229,300 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $168,736 | SubstantialContributorsTotAmt |
| Public Support Total170 | $60,564 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,901 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $16,901 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $246,201 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $786,976 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.24600 | PublicSupportCY170Pct |
| Public Support PY170 | 0.23140 | PublicSupportPY170Pct |
| Ten Pct Facts Crcmstncs Test CY | Yes (X) | TenPctFactsCrcmstncsTestCYInd |
| Facts And Circumstances Test | THE ORGANIZATION IS ACTIVELY WORKING TO SECURE ADDITIONAL FUNDS FROM THE PUBLIC AND COMMUNITIES THEY SERVE.THE ORGANIZATION'S GOVERNING BODY CONSISTS OF LEADERS WITH AN ESTABLISHED HISTORY OF REPRESENTING AND IMPROVING THE COMMUNITIES THEY SERVE. THE GOVERNING BODY'S COMMITMENT TO REPRESENTING THE BOARD INTEREST OF THE GENERAL PUBLIC HAS BEEN PROVEN BY THEIR YEARS OF SERVICE TO THE NON-PROFIT AFFORDABLE HOUSING SECTOR AS WELL AS THEIR BACKGROUND OF SERVING A DIVERSE RANGE OF OTHER CHARITABLE ORGANIZATIONS.THE ORGANIZATION PROVIDES FACILITIES THAT ARE AVAILABLE TO LOW-INCOME FAMILIES OF THE PUBLIC. THEIR DEVELOPMENT OF FEDERALLYASSISTED AFFORDABLE HOUSING HAS BEEN PROVIDED BY THE ORGANIZATION ON A CONTINUOUS BASIS AND GREATLY BENEFITS THESE COMMUNITIES. | FactsAndCircumstancesTestTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (8 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENT IN BRANDY SPRING, LP | $125,082 | C |
| INVESTMENT IN LAKE STREET APARTMENTS, LP | $73,834 | C |
| INVESTMENT IN PARKVIEW APARTMENTS PARTNERSHIP | $43,765 | C |
| INVESTMENT IN WASHINGTON STREET APARTMENTS, LP | $84,426 | C |
| INVESTMENT IN WOODSTOCK VILLAGE LTD. | $425,145 | F |
| INVESTMENT IN CARROLLTOWNE VILLAGE DEVELOPMENT, LLC | $29 | C |
| INVESTMENT IN WRIGHT VILLAGE | $74,182 | F |
| INVESTMENT IN HENRY WILLIAMS | $51 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $826,514 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADVANCES TO DEVELOPMENT PROJECTS | Desc |
| Book Value | $66,862 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $66,862 | TotalBookValueOtherAssetsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. DUE TO ITS TAX EXEMPT STATUS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES. THE OTHER ENTITIES HAVE FILED ELECTIONS WITH THE INTERNAL REVENUE SERVICE TO NOT BE TREATED AS A TAX-EXEMPT ENTITY, AND TO FILE INCOME TAX RETURNS AS A CORPORATION. THE ORGANIZATION IS REQUIRED TO AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE ORGANIZATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. GENERALLY, INCOME TAX RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2020 REMAIN OPEN. THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THESE PROVISIONS CLARIFY THE ACCOUNTING AND RECOGNITION FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S INCOME TAX RETURNS. THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE ORGANIZATION'S POLICY WITH REGARD TO INTEREST AND PENALTIES IS TO RECOGNIZE INTEREST EXPENSE AND PENALTIES THROUGH EXPENSE. IN EVALUATING THE ORGANIZATION'S TAX PROVISIONS AND ACCRUALS, FUTURE TAXABLE INCOME, AND THE REVERSAL OF TEMPORARY DIFFERENCES, INTERPRETATIONS AND TAX PLANNING STRATEGIES ARE CONSIDERED. THE ORGANIZATION BELIEVES ITS ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES. AS OF DECEMBER 31, 2023 AND 2022, THE ORGANIZATION HAS IDENTIFIED NO UNCERTAIN INCOME TAX POSITIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | N/A - NO SUCH COMMITTEES EXISTS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY KEY MEMBERS OF THE ORGANIZATION PRIOR TO SIGNATURE AND FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | AT THE ANNUAL MEETING OF THE BOARD OF DIRECTORS, THE POLICY IS RE-AFFIRMED IN WRITING AND, IF ANYONE CANNOT SIGN OFF A DISCUSSION AS TO THE REASON ENSUES. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C | THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| PCDC DEVELOPMENT LLC | |||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 541540461 | RENTAL REAL ESTATE | VA | -$40,174 | $157,835 | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC |
| BIRCH ISLAND PCDC GP LLC | |||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 921623618 | RENTAL REAL ESTATE | VA | $0 | $0 | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC |
| TRANSFORMATIVE OPPORTUNITIES LLC | |||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 883718007 | RENTAL REAL ESTATE | VA | $0 | $0 | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (17 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BRANDY SPRING LP | ||||||||||||||
| 1375 PICCARD DRIVE SUITE 375 | ROCKVILLE | MD | 20850 | 251442810 | RENTAL REAL ESTATE | PA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | RELATED | $29,809 | $184,936 | 0 | 0 | 0.80230 | |
| CREEKSIDE APARTMENTS | ||||||||||||||
| 1375 PICCARD DRIVE SUITE 375 | ROCKVILLE | MD | 20850 | 251552219 | RENTAL REAL ESTATE | PA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | RELATED | -$24,495 | $382,060 | 0 | 0 | 0.88000 | |
| GLEN APARTMENTS LP | ||||||||||||||
| 1375 PICCARD DRIVE SUITE 375 | ROCKVILLE | MD | 20850 | 251534373 | RENTAL REAL ESTATE | PA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | RELATED | $55,673 | $179,065 | 0 | 0 | 0.88000 | |
| INDEPENDENCE APARTMENTS | ||||||||||||||
| 1375 PICCARD DRIVE SUITE 375 | ROCKVILLE | MD | 20850 | 251596249 | RENTAL REAL ESTATE | PA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | RELATED | $14,793 | $536,723 | 0 | 0 | 0.74100 | |
| KILMARNOCK VILLAGE APARTMENTS LP | ||||||||||||||
| 1375 PICCARD DRIVE SUITE 375 | ROCKVILLE | MD | 20850 | 843179740 | RENTAL REAL ESTATE | VA | 0 | Yes (1) | N/A | |||||
| LAKE STREET APARTMENTS LP | ||||||||||||||
| 1375 PICCARD DRIVE SUITE 375 | ROCKVILLE | MD | 20850 | 251731689 | RENTAL REAL ESTATE | PA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | RELATED | $68,957 | $840,601 | 0 | 0 | 0.88000 | |
| OWENS COURT LIMITED PARTNERSHIP | ||||||||||||||
| 1375 PICCARD DRIVE SUITE 375 | ROCKVILLE | MD | 20850 | 264746991 | RENTAL REAL ESTATE | VA | 0 | Yes (1) | N/A | |||||
| PARKVIEW APARTMENTS PARTNERSHIP | ||||||||||||||
| 1375 PICCARD DRIVE SUITE 375 | ROCKVILLE | MD | 20850 | 251551750 | RENTAL REAL ESTATE | PA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | RELATED | $52,599 | $38,417 | 0 | 0 | 0.74100 | |
| PINECREST PRESERVATION LLC | ||||||||||||||
| PO BOX 26405 | GREENSBORO | NC | 274046405 | 831498512 | RENTAL REAL ESTATE | VA | 0 | Yes (1) | N/A | |||||
| SCOTTDALE PLAZA APARTMENTS | ||||||||||||||
| 1375 PICCARD DRIVE SUITE 375 | ROCKVILLE | MD | 20850 | 251591477 | RENTAL REAL ESTATE | PA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | RELATED | $19,768 | $572,040 | 0 | 0 | 0.88000 | |
| SPRING SCHOOL PRESERVATION LP | ||||||||||||||
| 1375 PICCARD DRIVE SUITE 375 | ROCKVILLE | MD | 20850 | 831856020 | RENTAL REAL ESTATE | MD | 0 | Yes (1) | N/A | |||||
| SURRY VILLAGE I LP | ||||||||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 202448216 | RENTAL REAL ESTATE | VA | 0 | Yes (1) | N/A | |||||
| WASHINGTON STREET APARTMENTS LP | ||||||||||||||
| 1375 PICCARD DRIVE SUITE 375 | ROCKVILLE | MD | 20850 | 251421764 | RENTAL REAL ESTATE | PA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | RELATED | $4,990 | $220,870 | 0 | 0 | 0.80340 | |
| WOODSTOCK VILLAGE LTD | ||||||||||||||
| 1375 PICCARD DRIVE SUITE 375 | ROCKVILLE | MD | 20850 | 541238492 | RENTAL REAL ESTATE | VA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | RELATED | $50,301 | $890,039 | 0 | Yes (1) | 0.95000 | |
| WOODSTOCK VILLAGE LTD | ||||||||||||||
| 1375 PICCARD DRIVE SUITE 375 | ROCKVILLE | MD | 20850 | 541238492 | RENTAL REAL ESTATE | VA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | RELATED | -$361,006 | 0 | 0 | 0.95000 | ||
| SURRY VILLAGE INVESTORS LLC | ||||||||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 921893638 | RENTAL REAL ESTATE | VA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | RELATED | $2,950 | $965,927 | 0 | Yes (1) | 0.51000 | |
| MAGNOLIA APARTMENTS TM LLC | ||||||||||||||
| 1375 PICCARD DRIVE SUITE 375 | ROCKVILLE | MD | 20850 | 851176047 | RENTAL REAL ESTATE | VA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | RELATED | -$13 | $494,930 | 0 | Yes (1) | ||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (13 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PCDC PINECREST LLC | ||||||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 834096058 | INVESTMENT REAL ESTATE | VA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | C | -$6,035 | -$1,020 | 1.00000 | 0 |
| PCDC SPRING SCHOOL LLC | ||||||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 834631676 | INVESTMENT REAL ESTATE | MD | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | C | -$7 | $289 | 1.00000 | 0 |
| PCDC-I LLC | ||||||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 264578091 | INVESTMENT REAL ESTATE | VA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | C | -$17 | $143,531 | 1.00000 | 0 |
| KILMARNOCK PCDC GP LLC | ||||||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 854071417 | INVESTMENT REAL ESTATE | VA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | C | $26,955 | 1.00000 | 0 | |
| PCDC 1550 LLC | ||||||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 843280877 | INVESTMENT REAL ESTATE | VA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | C | -$69 | $464 | 1.00000 | 0 |
| PCDC BROOKMEADOW LLC | ||||||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 862663869 | INVESTMENT REAL ESTATE | MD | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | C | -$18 | -$2,143 | 1.00000 | 0 |
| PCDC CARROLLTOWNE LLC | ||||||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 842830593 | INVESTMENT REAL ESTATE | MD | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | C | -$11 | $24,730 | 1.00000 | 0 |
| SURRY HOUSING CORPORATION | ||||||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 320635584 | INVESTMENT REAL ESTATE | VA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | C | $1 | $34,924 | 1.00000 | 0 |
| PCDC MIDWEST HOLDINGS LLC | ||||||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 921859264 | INVESTMENT REAL ESTATE | OH | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | C | -$408 | $240,014 | 1.00000 | 0 |
| DEERFIELD PCDC GP LLC | ||||||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 921662644 | INVESTMENT REAL ESTATE | VA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | C | 1.00000 | 0 | ||
| LAWRENCEVILLE MANOR PCDC GP | ||||||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 921697646 | INVESTMENT REAL ESTATE | VA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | C | 1.00000 | 0 | ||
| PCDC MONONGAH LLC | ||||||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 880657637 | INVESTMENT REAL ESTATE | VA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | C | -$3 | $53 | 1.00000 | 0 |
| WINDSOR COURT II PCDC GP LLC | ||||||||||||
| 555 S SOUTH STREET | PETERSBURG | VA | 23803 | 921606918 | INVESTMENT REAL ESTATE | VA | PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC | C | 1.00000 | 0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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