2025-05-20T12:36:11-07:00 2024-12-31 541950231 DOOLEY & VICARS CERTIFIED PUBLIC 1100 BOULDERS PARKWAY NORTH CHESTERFIELD VA 23225 990 2024-01-01 541479059 BETTER HOUSING COALITION BETT 8046440546 2108 W LABURNUM AVE RICHMOND VA 23227 JULIE HOVERMALE VICE PRESIDENT/CFO 8046440546 2025-05-20 true true Thomas E Turner CPA P01275584 8043552808 2025-05-20 2024 2025-03-06 01:10:19Z X JULIE HOVERMALE 2108 W LABURNUM AVE Richmond VA 23227 14506518 false X BETTERHOUSINGCOALITION.ORG X 1988 VA TO DEVELOP AFFORDABLE HOUSING COMMUNITIES IN THE RICHMOND, VIRGINIA METROPOLITAN AREA. 20 20 0 25 0 0 7782314 11336792 160688 170688 -639231 202692 132872 276894 7436643 11987066 1983338 5254264 0 2237612 2565345 0 187828 1011094 1218666 5232044 9038275 2204599 2948791 48245699 53411800 17156121 19253431 31089578 34158369 TO DEVELOP AFFORDABLE HOUSING COMMUNITIES IN THE RICHMOND, VIRGINIA METROPOLITAN AREA. false false 8099131 5254260 11671304 DEVELOPMENT AND/OR RENOVATION FOR AFFORDABLE HOUSING AND ASSISTANCE OF COMMUNITY HOUSING ORGANIZATION. 8099131 true true false false false false false false false false true false true true true true false true false false false false false false true false false true true true false false false false false false false false true false false false false true true true true false true 0 0 0 true false false false false false false false false false false X 20 20 false false false false false false false true true false false true true true true true true true false false VA X THE ORGANIZATION 8046440546 2108 W LABURNUM AVE RICHMOND VA 23227 GRETA HARRIS PRESIDENT & CEO 40.00 X 355493 0 61369 JULIE HOVERMALE VICE PRESIDENT & CFO 40.00 X 211748 0 15684 ALANA GONZALEZ CHIEF OPERATING OFFICER 40.00 X 217382 0 3317 MATT SCAPARRO VP OF PROPERTY MANAGEMENT 40.00 X 132547 0 23484 LEE ALFORD DIRECTOR OF MULTI-FAMILY DEVEL 40.00 X 132613 0 25780 TODD WALDO CHAIR 2.00 X X 0 0 0 KRISTIN SWANLUND VICE CHAIR 2.00 X X 0 0 0 VERONICA FLEMING SECRETARY 2.00 X X 0 0 0 RICHARD DICKINSON TREASURER 2.00 X X 0 0 0 ATMA IYER IMMEDIATE PAST CHAIR 2.00 X 0 0 0 SARAH BROOKS DIRECTOR 2.00 X 0 0 0 REV DR ROBERT DIGGS DIRECTOR 2.00 X 0 0 0 DUKE DODSON DIRECTOR 2.00 X 0 0 0 DR LORI DWYER DIRECTOR 2.00 X 0 0 0 CHERYL GROCE-WRIGHT DIRECTOR 2.00 X 0 0 0 LINDA T HINES DIRECTOR 2.00 X 0 0 0 PATRICIA BRADBY MOORE DIRECTOR 2.00 X 0 0 0 CAROLYN REWANE DIRECTOR 2.00 X 0 0 0 DAVID RING DIRECTOR 2.00 X 0 0 0 PAUL SHEEHY DIRECTOR 2.00 X 0 0 0 ZANAS TALLEY DIRECTOR 2.00 X 0 0 0 BEVERLY WALKER DIRECTOR 2.00 X 0 0 0 VIDA WILLIAMS DIRECTOR 2.00 X 0 0 0 LISSY S BRYAN PAST CHAIR 2.00 X 0 0 0 CARTER MCDOWELL CO-FOUNDER 2.00 X 0 0 0 1049783 0 129634 5 false true false BDO USA LLP PO BOX 642743 PITTSBURGH PA 15264 AUDIT & TAX SERVICES 158237 BOOTHE ENTERPRISES 3303 GAULDING LANE RICHMOND VA 23223 GENERAL CONTRACTOR 247115 HD Supply Facilities Maintenance LTD P O Box 509058 SAN DIEGO CA 92150 BUILDING SUPPLIES 249549 Checkmark Services 17501 Thornwood Ln South Chesterfie South Chesterfield VA 23803 FIRE PROTECTION 349059 Senex Law PC PO BOX 3472 HAMPTON VA 23663 LEGAL SERVICES 135902 5 929454 6307152 4100186 11336792 COMMUNITY SOCIAL WORK 531110 62688 0 0 ACCOUNTING AND OFFICE 531110 108000 0 0 170688 361911 0 0 2348000 2507219 -159219 -159219 -159219 0 0 125303 0 12233 113070 0 113070 MISCELLANEOUS INCOME 531110 163824 163824 0 0 163824 11987066 537204 0 113070 5249680 5249680 4584 4584 2141812 1606359 428362 107091 285745 214309 57149 14287 137788 103341 27558 6889 16424 12318 3285 821 45835 34376 9167 2292 199149 149362 39830 9957 56408 42306 11282 2820 85085 63814 17017 4254 31617 23713 6323 1581 201511 151133 40302 10076 38094 28570 7619 1905 74179 55634 14836 3709 46059 34544 9212 2303 48599 36449 9720 2430 RESIDENT SERVICES 27434 27434 0 0 BOARD AND COMMITTEE 40222 30167 8044 2011 OTHER 15395 11546 3079 770 FINANCIAL EXPENSES 159741 119807 31948 7986 132914 99685 26583 6646 9038275 8099131 751316 187828 X 5774641 6214913 2449258 2796782 15750 79500 323738 34350 66940 62246 1379479 197219 715607 1182260 248705 3636919 3663604 35014141 39378145 48245699 53411800 40279 108300 263215 296673 16700393 16667060 152234 2181398 17156121 19253431 X 27687138 29062666 3402440 5095703 31089578 34158369 48245699 53411800 X 2948791 120000 X X false true true false X 0 6433952 8170661 7097058 7782315 11336792 40820778 0 0 6433952 8170661 7097058 7782315 11336792 40820778 0 40820778 28375 43271 7218 137276 361911 578051 69606 39156 0 0 108762 4464 0 0 4464 41512055 0.98330 0.98390 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: OTHER 2020: 4464. 2021: 0. 2022: 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 640000 640000 435841 435841 303638 197219 106419 1182260 RELATED PARTY INVESTMENTS 3017046 C ENDOWMENT 646558 C 3663604 N/R - RELATED PARTIES 28920587 A/R - RELATED PARTIES 2110389 CASH - DONOR RESTRICTED 304175 RIGHT OF USE ASSETS 2067761 RESTRICTED CASH 37065 CONSTRUCTION IN PROGRESS 0 CAPITALIZED COSTS 419768 OTHER INVESTMENTS 5518400 39378145 LEASE LIABILITY 2171799 DEPOSITS HELD IN TRUST 5000 ACCRUED INTEREST 4599 2181398 X Pt X, Line 2 BETTER HOUSING COALITION AND ITS AFFILIATES, AFFORDABLE RESIDENCES IN CHESTERFIELD, AFFORDABLE RESIDENCES IN CHESTERFIELD II, RICHMOND AFFORDABLE HOUSING AND RICHMOND URBAN SENIOR HOUSING, ARE NONPROFIT CHARITABLE ORGANIZATIONS OTHER THAN PRIVATE FOUNDATIONS, AS DEFINED BY INTERNAL REVENUE CODE SECTION 501(C)(3) AND ARE NOT SUBJECT TO FEDERAL OR VIRGINIA INCOME TAXES. BHC MANAGEMENT COMPANY HAS BEEN GRANTED TAX EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(4). THE COALITIONS CONTROLLED LIMITED LIABILITY PARTNERSHIPS AND LIMITED LIABILITY COMPANIES ARE SUBJECT TO FEDERAL AND STATE INCOME TAXES AT THE PARTNER AND MEMBER LEVEL. BETTER HOUSING COALITION AND ITS NON-PROFIT SUBSIDIARIES NOTED ABOVE, HAVE A PARTNER OR MEMBER INTEREST IN EACH OF THESE TAXABLE ENTITIES, ACCORDINGLY, THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT PROVISION OF FEDERAL OR STATE INCOME TAXES. Pt V, Line 4 BETTER HOUSING COALITION HAS AN ENDOWMENT HELD AT THE COMMUNITY FOUNDATION. BHC RECEIVES INTEREST YEARLY THAT IS TO BE USED TOWARDS REAL ESTATE DEVELOPMENT ACTIVITIES. GINGER BREAD EVENT 67513 67513 2476 STAY HOME RVA 52790 52790 4276 5481 120303 120303 12233 12233 108070 true RICHMOND AFFORDABLE HOUSING PO BOX 12117 RICHMOND VA 23241 541860225 SEE PART IV Pt I Line 2 TO PROVIDE AFFORDABLE HOUSING false false false false false false false false false GRETA HARRIS 323993 0 31500 0 0 0 53902 0 7467 0 416862 0 0 0 JULIE HOVERMALE 194248 0 17500 0 0 0 13337 0 2526 0 227611 0 0 0 ALANA GONZALEZ 200332 0 17500 0 0 0 2021 0 1296 0 221149 0 0 0 MATT SCAPARRO 127547 0 5000 0 0 0 5534 0 17951 0 156032 0 0 0 LEE ALFORD 127613 0 5000 0 0 0 8450 0 17330 0 158393 0 0 0 Pt I Line 4b THE PRESIDENT & CEO PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. DURING 2023 THERE WERE $ IN CONTRIBUTIONS. false true false Pt X THE RETURN WILL BE PROVIDED TO THE BOARD PRIOR TO FILING WITH THE IRS. Pt VI, Line 12c ANNUALLY, INDIVIDUALS ARE REQUIRED TO MAINTAIN THAT THEY ARE ABIDING BY THE CONFLICT OF INTEREST POLICY WHICH IS MONITORED BY THE VP OF PLANNING. Pt VI, Line 15a THE COMPENSATION COMMITTEE USED A COMPENSATION SURVEY TO DETERMINE THE CEOS SALARY WHICH WAS APPROVED BY THE BOARDS COMPENSATION COMMITTEE. Pt VI, Line 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. Pt XII, Line 2c THE ORGANIZATION HAS NOT CHANGED THEIR OVERSIGHT REVIEW PROCESS REGARDING THE AUDIT AND SELECTION OF THEIR INDEPENDENT ACCOUNTANTS. Pt XI OTHER CHANGES TO NET POSITION TOTALING $975,839 CONSIST OF LAND INVESTMENT OF $1,200,000 TO WINCHESTER FOREST 2; LAND DONATION OF $1,075,000 TO HORNER APARTMENTS; EQUITY RECLASSIFICATION OF -$1,499,161 RELATED TO NEW MARKET TAX CREDITS; AND A DISTRIBUTION OF $200,000 RELATED TO THE SALE OF A PROPERTY LOCATED ON GROVE AVE. Pt VI, Line 11b THE RETURN WILL BE PROVIDED TO THE BOARD PRIOR TO FILING WITH THE IRS. Pt XI Pt XI: OTHER CHANGES TO NET POSITION TOTALING $975,839 CONSIST OF LAND INVESTMENT OF $1,200,000 TO WINCHESTER FOREST 2; LAND DONATION OF $1,075,000 TO HORNER APARTMENTS; EQUITY RECLASSIFICATION OF -$1,499,161 RELATED TO NEW MARKET TAX CREDITS; AND A DISTRIBUTION OF $200,000 RELATED TO THE SALE OF A PROPERTY LOCATED ON GROVE AVE. RICHMOND AFFORDABLE HOUSING INC 2108 W LABURNUM AVE RICHMOND VA 23227 541860225 SEE PART VII VA 501(C)(3) true AFFORDABLE RESIDENCES IN CHESTERFIELD PO BOX 12117 RICHMOND VA 23227 541864802 SEE PART VII 501(C)(3) true AFFORDABLE RESIDENCES IN CHESTERFIELD II 2108 W LABURNUM AVE RICHMOND VA 23227 541842960 SEE PART VII 501(C)(3) true BHC MANAGEMENT COMPANY 2108 W LABURNUM AVE RICHMOND VA 23227 511904250 SEE PART VII 501(C)(4) true RICHMOND URBAN SENIOR HOUSING INC 2108 W LABURNUM AVE RICHMOND VA 23227 541983838 SEE PART VII 501(C)(3) true MKT SQ HOUSNG V LLC 2108 W LABURNUM AVE RICHMOND VA 23227 832287158 RENTAL REALES 0.00000 1617-1621 GROVE AVE 2108 W LABURNUM AVE Richmond VA 23227 541791251 RENTAL REALES 0.00000 AFFORD HIST RESID 2108 W LABURNUM AVE Richmond VA 23227 541931767 RENTAL REALES 0.00000 MKT SQU ELDRLY HSNG 2108 W LABURNUM AVE Richmond VA 23227 541886910 RENTAL REALES 0.00000 MKT SQ ELDLY HSNGI 2108 W LABURNUM AVE Richmond VA 23227 542060052 RENTAL REALES 0.00000 MKTSQ ELDLY HSNGIII 2108 W LABURNUM AVE Richmond VA 23227 200765968 RENTAL REALES 0.00000 NINE MILE ROAD LLC 2108 W LABURNUM AVE Richmond VA 23227 383674789 RENTAL REALES 0.00000 NINE MILE RD LLC II 2108 W LABURNUM AVE Richmond VA 23227 202383951 RENTAL REALES 0.00000 300 RANDOLPH PL 2108 W LABURNUM AVE Richmond VA 23227 204225961 RENTAL REALES 0.00000 4101 NORTH AVE LLC 2108 W LABURNUM AVE Richmond VA 23227 261807652 RENTAL REALES 0.00000 4101 N AVE II LLC 2108 W LABURNUM AVE Richmond VA 23227 264408293 RENTAL REALES 0.00000 CLAIBORNE SQU LLC 2108 W LABURNUM AVE Richmond VA 23227 270339981 RENTAL REALES 0.00000 BECKSTOFFER LOFTS 2108 W LABURNUM AVE Richmond VA 23227 275198498 RENTAL REALES 0.00000 NORTH OAK LLC 2108 W LABURNUM AVE Richmond VA 23227 800747272 RENTAL REALES 0.00000 1208 N 28TH ST LLC 2108 W LABURNUM AVE Richmond VA 23227 800762090 RENTAL REALES 0.00000 RICH SCATTRD SITES E 2108 W LABURNUM AVE Richmond VA 23227 454733064 RENTAL REALES 0.00000 RICH SCTTRD SITES W 2108 W LABURNUM AVE Richmond VA 23227 454732978 RENTAL REALES 0.00000 2230 VENABLE ST LLC 2108 W LABURNUM AVE Richmond VA 23227 811084653 RENTAL REALES 0.00000 MS IV LLC 2108 W LABURNUM AVE Richmond VA 23227 822189375 RENTAL REALES 0.00000 CARY III 2108 W LABURNUM AVE Richmond VA 23227 541723027 RENTAL REALES 0.00000 CAMEO STREET LLC 2108 W LABURNUM AVE Richmond VA 23227 853162928 RENTAL REALES 0.00000 WINCH FOREST I LLC 2108 W LABURNUM AVE Richmond VA 23227 852992168 RENTAL REALES 0.00000 WINCH FOREST II LLC 2108 W LABURNUM AVE Richmond VA 23227 863819884 RENTAL REALES 0.00000 HORNER APARTMENTS LLC 2108 W LABURNUM AVE RICHMOND VA 23227 872879382 RENTAL REALES 0.00000 false true true true false false false false false false false true false true true false true false true RICHMOND AFFORDABLE HOUSING b 4804754 AMOUNT PAID BETTER HOUSING COALITION MANAGEMENT b 39040 AMOUNT PAID BETTER HOUSING COALITION MANAGEMENT c 330000 AMOUNT PAID MKTSQ ELDLY HSNGIII c 175000 AMOUNT PAID 300 RANDOLPH PL c 125000 AMOUNT PAID AFFORDABLE RESIDENCES IN CHESTERFIELD II c 200000 AMOUNT PAID MARKET SQUARE IV l 10000 AMOUNT PAID MARKET SQUARE V l 10000 AMOUNT PAID