2023-11-06T08:39:08-06:00 2022-12-31 271490692 TIDWELL GROUP LLC 4249 EASTON WAY STE 210 COLUMBUS OH 43219 990 2022-01-01 541540461 PETERSBURG COMMUNITY DEVELOPMENT CORPORATION INC PETE 8044206458 200 SOUTH 10TH STREET SUITE 1600 RICHMOND VA 23219 JAMES HENDRICKS PRESIDENT 8044206458 2023-11-01 1 JAMES HENDRICKS XXX-XX-XXXX 0 TODD FENTRESS CPA P01242481 6145281440 2023-11-01 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JAMES HENDRICKS 200 SOUTH 10TH STREET SUITE 1600 RICHMOND VA 23219 32200 0 X HTTPS://WWW.PETERSBURGCDC.COM X 1990 VA 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. 4 3 0 1 0 0 0 22200 165000 0 0 0 150768 10000 315768 32200 0 0 0 0 54000 25000 0 0 0 101853 194335 155853 219335 159915 -187135 672010 697855 234982 447962 437028 249893 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. 0 0 178428 10000 TO ERECT OR REHABILITATE AFFORDABLE HOUSING AND PROVIDE ASSISTANCE IN EDUCATING HOMEOWNERS. 178428 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 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 1 0 0 0 1 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 X AMY BROWN 2406830300 1375 PICCARD DRIVE SUITE 150 ROCKVILLE MD 20850 JAMES R HENDRICKS PRES./SEC./TREAS. 5.00 0.00 X X 10000 0 0 ALAN YELLOWITZ DIRECTOR 2.00 0.00 X 5000 0 0 JAMIE R O'CONNOR DIRECTOR 2.00 0.00 X 5000 0 0 BETH C SILVERMAN DIRECTOR 2.00 0.00 X 5000 0 0 ALEXANDER C GRAHAM JR ASSISTANT SECRETARY 2.00 0.00 X 0 0 0 25000 0 0 0 0 0 0 0 15000 7200 22200 OTHER INCOME 531110 10000 10000 10000 32200 10000 0 0 25000 20000 5000 140013 112010 28003 11552 9242 2310 GENERAL AND ADMINISTRAT 29008 23414 5594 LOSS FROM FLOW-THROUGH 13762 13762 0 219335 178428 40907 0 4463 19322 176695 182014 448218 429033 42634 67486 672010 697855 24170 148209 210812 299753 234982 447962 X 437028 249893 437028 249893 672010 697855 -187135 0 X X 0 1 X 1 0 X 50000 68400 138700 0 22200 279300 50000 68400 138700 22200 279300 209912 69388 3615 16901 0 0 0 20516 299816 553949 0.23140 0.20180 X 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENT IN BRANDY SPRING, LP 98185 F INVESTMENT IN CREEKSIDE APARTMENTS -122871 F INVESTMENT IN GLEN APARTMENTS, LP 22424 F INVESTMENT IN OWENS COURT LIMITED PARTNERSHIP 51 C INVESTMENT IN INDEPENDENCE APARTMENTS -18817 F INVESTMENT IN LAKE STREET APARTMENTS, LP 8739 F INVESTMENT IN PARKVIEW APARTMENTS PARTNERSHIP -3116 F INVESTMENT IN SCOTTDALE PLAZA APARTMENTS -13543 F INVESTMENT IN WASHINGTON STREET APARTMENTS, LP 85774 F INVESTMENT IN WOODSTOCK VILLAGE LTD. 382255 F INVESTMENT IN CARROLLTOWNE VILLAGE DEVELOPMENT, LLC 29 C INVESTMENT IN SURRY VILLAGE INVESTORS, LLC -10077 F 429033 ADVANCES TO DEVELOPMENT PROJECTS 67486 67486 X PART X, LINE 2: 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 2019 REMAIN OPEN. 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. 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