2023-05-24T13:37:20-05:00 2022-12-31 BDO USA LLP 150 Boush Street Suite 1100 Norfolk VA 23510 990 2022-01-01 541479059 Better Housing Coalition % THE ORGANIZATION BETT 8046440546 PO Box 12117 Richmond VA 23241 JULIE HOVERMALE VICE PRESIDENT/CFO 8046440546 2023-05-19 true JULIE HOVERMALE 999009999 Marc Berger P01871563 7576407190 2 2022 2023-04-26 12:10:37Z JULIE HOVERMALE PO Box 12117 Richmond VA 23241 7398025 false X BETTERHOUSINGCOALITION.ORG X 1988 VA TO DEVELOP AFFORDABLE HOUSING COMMUNITIES IN THE RICHMOND, VIRGINIA METROPOLITAN AREA. 14 14 94 59 0 0 8208447 7097058 232911 228000 43271 7218 266269 48855 8750898 7381131 805619 482721 0 0 2325440 2317231 0 0 157985 756726 861664 3887785 3661616 4863113 3719515 28801812 35711491 5337887 7802351 23463925 27909140 THE BETTER HOUSING COALITION CHANGES LIVES AND TRANSFORMS COMMUNITIES THROUGH QUALITY AFFORDABLE HOUSING. false false 2871686 482721 293749 DEVELOPMENT AND/OR RENOVATION FOR AFFORDABLE HOUSING AND ASSISTANCE OF COMMUNITY HOUSING ORGANIZATION. 2871686 true true false false false false false false false false true false false 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 48 0 true 94 true false false false false false false false false false false false false X 14 14 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 PO BOX 12117 RICHMOND VA 23241 GRETA HARRIS PRESIDENT & CEO 40.0 0.0 X 311491 0 43558 JULIE HOVERMALE VICE PRESIDENT & CFO 40.0 0.0 X 187481 0 18188 MATT SCAPARRO VP OF PROPERTY MANAGEMENT 40.0 0.0 X 126916 0 20547 LEE ALFORD DIRECTOR OF MULTI-FAMILY DEVEL 40.0 0.0 X 105937 0 20868 JOYCE JACKSON VICE PRESIDENT OF SERVICES 40.0 0.0 X 101447 0 21984 STACIE BIRCHETT VP OF RESOURCE DEVELOP. 40.0 0.0 X 107313 0 7198 ATMA IYER CHAIR 2.0 0.0 X X 0 0 0 TODD WALDO VICE CHAIR 2.0 0.0 X X 0 0 0 VERONICA FLEMING SECRETARY 2.0 0.0 X X 0 0 0 CAROLYN REWANE TREASURER 2.0 0.0 X X 0 0 0 PATRICIA BRADBY DIRECTOR 2.0 0.0 X 0 0 0 ANDREW CLARK DIRECTOR 2.0 0.0 X 0 0 0 DAVID CONMY DIRECTOR 2.0 0.0 X 0 0 0 RICHARD DICKINSON DIRECTOR 2.0 0.0 X 0 0 0 ROBERT DIGGS DIRECTOR 2.0 0.0 X 0 0 0 RACHEL MEYER DIRECTOR 2.0 0.0 X 0 0 0 PAUL SHEEHY DIRECTOR 2.0 0.0 X 0 0 0 CHERYL GROCE-WRIGHT DIRECTOR 2.0 0.0 X 0 0 0 LISSY BRYAN PAST BOARD CHAIR 2.0 0.0 X 0 0 0 CARTER MCDOWELL CO-FOUNDER 2.0 0.0 X 0 0 0 940585 0 132343 6 false true false 0 118889 862311 1827393 4288465 25332 7097058 DEVELOPMENT FEES 531110 130000 130000 ACCOUNTING AND OFFICE 531110 98000 98000 228000 7218 7218 0 0 0 0 0 0 0 118889 16894 -16894 -16894 0 0 0 0 0 0 RESIDENT SERVICES 531110 62688 62688 MISCELLANEOUS INCOME 531110 3061 3061 65749 7381131 293749 -9676 241889 241889 240832 240832 0 0 1237461 928095 247492 61874 498783 374087 99757 24939 0 86292 64719 17258 4315 379518 284639 75904 18975 115177 86382 23035 5760 0 5870 4403 1174 293 22710 17033 4542 1135 0 0 0 426836 320128 85367 21341 38891 29169 7778 1944 34665 25999 6933 1733 18909 14182 3782 945 0 196415 147311 39283 9821 7710 5783 1542 385 0 17867 13400 3573 894 0 0 27693 20770 5539 1384 26018 19513 5204 1301 RESIDENT SERVICES 19167 19167 OTHER 18913 14185 3782 946 3661616 2871686 631945 157985 4957212 5975189 981333 984059 59123 25000 147739 225358 0 0 0 0 0 0 0 0 19135 48379 1759051 291728 730980 1467323 206227 234275 0 0 737157 735694 0 0 20962906 26016214 28801812 35711491 38275 98370 0 0 73278 62280 0 0 0 0 0 0 0 0 5226334 7453333 0 188368 5337887 7802351 X 19213571 25270642 4250354 2638498 23463925 27909140 28801812 35711491 3719515 725700 X X false true X true false X 3763081 4373662 6433952 8170661 7097058 29838414 0 0 3763081 4373662 6433952 8170661 7097058 29838414 8721080 21117334 72454 47054 28375 43271 7218 198372 87584 168732 69606 39156 0 365078 8125 8183 4464 0 0 20772 30422636 2676191 0.69413 0.83381 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1365700 1365700 9873 9798 75 344106 242558 101548 39372 39372 0 1467323 N/R - RELATED PARTIES 21227626 A/R - RELATED PARTIES 4136317 CASH - DONOR RESTRICTED 465781 RIGHT OF USE ASSETS 181707 MISCELLANEOUS OTHER ASSETS 4783 26016214 0 LEASE LIABILITY 188368 188368 X FORM 990, SCHEDULE D, PART 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 COALITION'S 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. Form 990, SCHEDULE D, PART 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. Gingerbread 48166 48166 5039 Stay Home RVA 65723 65723 0 1 5000 5000 11855 118889 118889 16894 16894 -16894 true RICHMOND AFFORDABLE HOUSING PO BOX 12117 RICHMOND VA 23241 541860225 501(C)(3) 237133 SEE PART IV 1 SCHOLARSHIPS 8 5047 Capital One Digital Equity 12 211300 Virginia Rent Relief Program 5 24485 Form 990, SCHEDULE I, PART I, LINE 2: BETTER HOUSING COALITION AWARDED ASSISTANCE ONLY TO ITS RELATED PARTIES WHO HAVE THE SAME MISSION TO PROVIDE AFFORDABLE HOUSING. Form 990, SCHEDULE I, PART II, COLUMN H, LINE 1: PURPOSE OF GRANT: TO PROVIDE AFFORDABLE HOUSING X X false true false false false false false false false GRETA HARRIS PRESIDENT & CEO 288367 0 23124 0 0 0 34147 0 9411 0 355049 0 0 0 JULIE HOVERMALE VICE PRESIDENT & CFO 168705 0 18776 0 0 0 10584 0 7604 0 205669 0 0 0 Form 990, SCHEDULE J, PART I, LINE 4B: THE PRESIDENT & CEO PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. DURING 2022 THERE WERE $12,358 IN CONTRIBUTIONS. X 1 25332 FMV false false false FORM 990, PART VI, LINE 11B: THE RETURN WILL BE PROVIDED TO THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART 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. FORM 990, PART VI, LINE 15A: THE COMPENSATION COMMITTEE USED A COMPENSATION SURVEY TO DETERMINE THE CEO'S SALARY WHICH WAS APPROVED BY THE BOARD'S COMPENSATION COMMITTEE. FORM 990, PART VI, LINE 19: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED THEIR OVERSIGHT REVIEW PROCESS REGARDING THE AUDIT AND SELECTION OF THEIR INDEPENDENT ACCOUNTANTS. FORM 990 PART IX LINE 11G DESCRIPTION:OTHERS TOTAL FEES:309318 FORM 990 PART IX LINE 11G DESCRIPTION:EQUIPMENT TOTAL FEES:34384 FORM 990 PART IX LINE 11G DESCRIPTION:MEMBERSHIP & SUBSCRIPTION TOTAL FEES:25031 FORM 990 PART IX LINE 11G DESCRIPTION:TELEPHONE & COMMUNICATIONS TOTAL FEES:22472 FORM 990 PART IX LINE 11G DESCRIPTION:BOARD AND COMMITTEE TOTAL FEES:18464 FORM 990 PART IX LINE 11G DESCRIPTION:PAYROLL SEVICES TOTAL FEES:17167 RICHMOND AFFORDABLE HOUSING INC PO BOX 12117 RICHMOND VA 23241 541860225 see part vii VA 501(c)(3) LINE 7 BHC true AFFORDABLE RESIDENCES IN CHESTERFIELD PO BOX 12117 RICHMOND VA 23241 541864802 see part vii VA 501(c)(3) LINE 10 BHC true AFFORDABLE RESIDENCES IN CHESTERFIELD II PO BOX 12117 RICHMOND VA 23241 541842960 see part vii VA 501(c)(3) LINE 10 BHC true BHC MANAGEMENT COMPANY PO BOX 12117 RICHMOND VA 23241 511904250 see part vii VA 501(c)(4) N/A BHC true RICHMOND URBAN SENIOR HOUSING INC PO BOX 12117 RICHMOND VA 23241 541983838 see part vii VA 501(c)(3) LINE 10 BHC true MARKET SQUARE HOUSING V LLC PO BOX 12117 RICHMOND VA 23241 832287158 RENTAL REALES VA NA false false 0.99990 1617-1621 GROVE AVENUE LIMITED PARTNERSH PO BOX 12117 RICHMOND VA 23241 541791251 RENTAL REALES VA RAH INC false false 0.99990 AFFORDABLE HISTORIC RESIDENCES OF RICHMO PO BOX 12117 RICHMOND VA 23241 541931767 RENTAL REALES VA RAH INC false false 0.99990 MARKET SQUARE ELDERLY HOUSING LP PO BOX 12117 RICHMOND VA 23241 541886910 RENTAL REALES VA RAH INC false false 0.99990 MRKT SQUARE ELDERLY HOUSING PHASE IILLC PO BOX 12117 RICHMOND VA 23241 542060052 RENTAL REALES VA RAH INC false false 0.99990 MRKT SQUARE ELDERLY HOUSING PHASE III PO BOX 12117 RICHMOND VA 23241 200765968 RENTAL REALES VA RAH INC false false 0.99990 NINE MILE ROAD LLC PO BOX 12117 RICHMOND VA 23241 383674789 RENTAL REALES VA NA false false 0.99990 NINE MILE ROAD LLC II PO BOX 12117 RICHMOND VA 23241 202383951 RENTAL REALES VA NA false false 0.99990 300 RANDOLPH PLACE LLC PO BOX 12117 RICHMOND VA 23241 204225961 RENTAL REALES VA NA false false 0.99990 4101 NORTH AVENUE LLC PO BOX 12117 RICHMOND VA 23241 261807652 RENTAL REALES VA NA false false 0.99990 4101 NORTH AVENUE II LLC PO BOX 12117 RICHMOND VA 23241 264408293 RENTAL REALES VA NA false false 0.99990 CLAIBORNE SQUARE LLC PO BOX 12117 RICHMOND VA 23241 270339981 RENTAL REALES VA NA false false 0.99990 BECKSTOFFER LOFTS LLC PO BOX 12117 RICHMOND VA 23241 275198498 RENTAL REALES VA NA false false 0.99990 NORTH OAK LLC PO BOX 12117 RICHMOND VA 23241 800747272 RENTAL REALES VA NA false false 0.99990 1208 NORTH 28TH ST LLC PO BOX 12117 RICHMOND VA 23241 800762090 RENTAL REALES VA NA false false 0.99990 RICHMOND SCATTERED SITES EAST LLC PO BOX 12117 RICHMOND VA 23241 454733064 RENTAL REALES VA NA false false 0.99990 RICHMOND SCATTERED SITES WEST LLC PO BOX 12117 RICHMOND VA 23241 454732978 RENTAL REALES VA NA false false 0.99990 2230 VENABLE STREET LLC PO BOX 12117 RICHMOND VA 23241 811084653 RENTAL REALES VA NA false false 0.99990 MS IV LLC PO BOX 12117 RICHMOND VA 23241 822189375 RENTAL REALES VA NA false false 0.99990 CARY III PO BOX 12117 RICHMOND VA 23241 541723027 RENTAL REALES VA NA false false 0.99990 Cameo Street LLC PO BOX 12117 Richmond VA 23241 853162928 RENTAL REALES VA NA false false 0.99990 Winchester Forest I LLC PO BOX 12117 Richmond VA 23241 852992168 RENTAL REALES VA NA false false 0.99990 Winchester Forest II LLC PO BOX 12117 Richmond VA 23241 863819884 RENTAL REALES VA NA false false 0.99990 false true true true false false false false false false false true false true true false true false true RICHMOND AFFORDABLE HOUSING B 237133 AMOUNT PAID AFFORDABLE RESIDENCES IN CHESTERFIELD II C 750000 AMOUNT PAID RICHMOND AFFORDABLE HOUSING L 98000 AMOUNT PAID PART II, COLUMN B, LINES 1-5: PRIMARY ACTIVITY: PROVIDE AFFORDABLE HOUSING