2020-05-21T06:41:36-05:00 2019-12-31 BDO USA LLP 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2019-01-01 541479059 Better Housing Coalition % THE ORGANIZATION BETT 8046440546 PO BOX 12117 RICHMOND VA 23241 JULIE HOVERMALE VICE PRESIDENT & CFO 8046440546 2020-05-18 true MARC BERGER P01871563 7038930600 173.79.216.230 54621820201425000011 2020-05-21 P 368DAC767300C917309A1065AAAF2394A888D225 651D255A1A915A1FDEE8CC96D476D00223E3EE33 2019 2020-11-19 02:30:22Z JULIE HOVERMALE PO BOX 12117 RICHMOND VA 23241 4995937 false X BETTERHOUSINGCOALITION.ORG X 1988 VA TO DEVELOP AFFORDABLE HOUSING COMMUNITIES IN THE RICHMOND, VIRGINIA METROPOLITAN AREA. 18 18 88 59 0 0 3763081 4373662 1073772 344916 -81993 45986 95709 176914 4850569 4941478 732781 407030 0 0 1938880 1866284 0 0 121743 554640 583085 3226301 2856399 1624268 2085079 12946943 16090545 225967 1284490 12720976 14806055 THE BETTER HOUSING COALITION CHANGES LIVES AND TRANSFORMS COMMUNITIES THROUGH QUALITY AFFORDABLE HOUSING. false false 2247661 407030 344916 DEVELOPMENT AND/OR RENOVATION FOR AFFORDABLE HOUSING AND ASSISTANCE OF COMMUNITY HOUSING ORGANIZATION. 2247661 true true false false false false false false false false true false false true false 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 false true false true 57 0 true 88 true false false false false false false false false false false false false X 18 18 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 X Greta Harris President & CEO 40.0 0.0 X 242500 0 26594 Julie Hovermale Vice President & CFO 40.0 0.0 X 148125 0 16351 Monique Johnson Vice President & COO 25.0 0.0 X 98165 0 5802 Neil Amin Director 2.0 0.0 X 0 0 0 Regina Chaney 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 Gwen Corley Creighton Director 2.0 0.0 X 0 0 0 Richard Dickinson Treasurer & Secretary 2.0 0.0 X 0 0 0 Jane Ferrara Director 2.0 0.0 X 0 0 0 Veronica Fleming Director 2.0 0.0 X 0 0 0 Randy Gonzalez Vice-chair 2.0 0.0 X X 0 0 0 Barrett Hardiman Director 2.0 0.0 X 0 0 0 Atma Iyer Director 2.0 0.0 X 0 0 0 R Wheatley McDowell Chair 2.0 0.0 X X 0 0 0 Rachel Meyer Director 2.0 0.0 X 0 0 0 Carolyn Rewane Director 2.0 0.0 X 0 0 0 Paul Sheehy Director 2.0 0.0 X 0 0 0 Maria Tedesco Director 2.0 0.0 X 0 0 0 R Scott Ukrop Director 2.0 0.0 X 0 0 0 Todd Waldo Director 2.0 0.0 X 0 0 0 488790 0 48747 2 false true false Partnership for Housing Affordabili 8975 Three Chipt Road RICHMOND VA 23229 CONSULTING SERVICES 100350 1 37500 1401695 1047349 1887118 29811 4373662 DEVELOPMENT FEES 531110 75000 75000 0 0 ACCOUNTING AND OFFICE 531110 95000 95000 0 0 MANAGEMENT FEES 531110 113228 113228 0 0 RESIDENT SERVICES 531110 61688 61688 0 0 344916 47054 47054 0 0 0 0 0 1068 -1068 -1068 -1068 222122 53391 168731 168731 0 0 0 0 0 0 MISCELLANEOUS INCOME 531110 8183 0 0 8183 8183 4941478 344916 0 222900 397355 397355 9675 9675 0 0 534914 401186 106983 26745 0 937817 703363 187563 46891 189790 142343 37958 9489 81385 61038 16278 4069 122378 91784 24476 6118 0 49780 37335 9956 2489 22215 16661 4443 1111 0 0 0 144154 108116 28831 7207 27238 20429 5448 1361 39045 29284 7809 1952 18994 14246 3799 949 0 146707 110030 29341 7336 18556 13917 3711 928 0 58134 43601 11627 2906 0 0 5265 3949 1053 263 23220 17415 4644 1161 RESIDENT SERVICES 14404 14404 0 0 FINANCIAL EXPENSES 12085 9064 2417 604 OTHER 3288 2466 658 164 2856399 2247661 486995 121743 3010250 2189229 338092 1365059 39920 19920 69260 271991 0 0 0 0 0 0 0 0 14114 10520 903643 254609 654299 649034 35105 66289 0 0 739854 738786 0 0 8046049 10779717 12946943 16090545 36957 158179 0 0 89010 126311 0 0 0 0 0 0 0 0 100000 1000000 0 0 225967 1284490 X 12029997 14018452 690979 787603 12720976 14806055 12946943 16090545 2085079 X X false true X true false X 2543804 2541540 3382281 3763081 4373662 16604368 0 0 2543804 2541540 3382281 3763081 4373662 16604368 106233 16498135 97353 39351 101408 72454 47054 357620 49611 87584 168732 305927 2018 1483 644 8125 8183 20453 17288368 3531050 0.95429 0.93110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 640000 640000 9874 9357 517 214398 205881 8517 39371 39371 0 649034 CASH - DONOR RESTRICTED 440971 MISCELLANEOUS OTHER ASSETS 4783 A/R - RELATED PARTIES 105069 N/R - RELATED PARTIES 10218894 OTHER ASSETS 10000 10779717 0 0 X 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 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 income taxes. 30TH ANNIVERSAR 157758 0 157758 0 0 13662 13020 13356 3373 STAY HOME RVA 33260 0 33260 0 0 0 0 0 2461 1 26105 0 26105 1000 0 0 0 0 3933 217123 0 217123 1000 0 13662 13020 13356 9767 50805 166318 true RICHMOND AFFORDABLE HOUSING PO BOX 12117 RICHMOND VA 23241 541860225 501(C)(3) 360340 SEE PART IV 1 SCHOLARSHIPS 8 9675 PART I, LINE 2: BETTER HOUSING COALITION AWARDED ASSISTANCE ONLY TO ITS RELATED PARTIES WHO HAVE THE SAME MISSION TO PROVIDE AFFORDABLE HOUSING. SCHOLARSHIPS ARE AWARDED DIRECTLY TO THE EDUCATIONAL INSTITUTION. PART II, COLUMN H, LINES 1: PURPOSE OF GRANT: TO PROVIDE AFFORDABLE HOUSING X X X false true false false false false false false false Greta Harris President & CEO 236250 0 6250 0 0 0 19430 0 7164 0 269094 0 0 0 Julie Hovermale Vice President & CFO 145000 0 3125 0 0 0 10446 0 5905 0 164476 0 0 0 PART I, LINE 4B: THE PRESIDENT & CEO PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. DURING 2019 THERE WERE $2,840 IN CONTRIBUTIONS. X 6 29811 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. RICHMOND AFFORDABLE HOUSING INC PO BOX 12117 RICHMOND VA 23241 541860225 see part vii VA 501(c)(3) LINE 7 BHC false AFFORDABLE RESIDENCES IN CHESTERFIELD PO BOX 12117 RICHMOND VA 23241 541864802 see part vii VA 501(c)(3) LINE 10 BHC false AFFORDABLE RESIDENCES IN CHESTERFIELD II PO BOX 12117 RICHMOND VA 23241 541842960 see part vii VA 501(c)(3) LINE 10 BHC false BHC MANAGEMENT COMPANY PO BOX 12117 RICHMOND VA 23241 511904250 see part vii VA 501(c)(4) N/A BHC false RICHMOND URBAN SENIOR HOUSING INC PO BOX 12117 RICHMOND VA 23241 541983838 see part vii VA 501(c)(3) LINE 10 BHC false MARKET SQUARE HOUSING V LLC PO BOX 12117 RICHMOND VA 23241 832287158 RENTAL REALES VA NA false false 1617-1621 GROVE AVENUE LIMITED PARTNERSH PO BOX 12117 RICHMOND VA 23241 541791251 RENTAL REALES VA RAH INC false false AFFORDABLE HISTORIC RESIDENCES OF RICHMO PO BOX 12117 RICHMOND VA 23241 541931767 RENTAL REALES VA RAH INC false false MARKET SQUARE ELDERLY HOUSING LP PO BOX 12117 RICHMOND VA 23241 541886910 RENTAL REALES VA RAH INC false false MRKT SQUARE ELDERLY HOUSING PHASE IILLC PO BOX 12117 RICHMOND VA 23241 542060052 RENTAL REALES VA RAH INC false false MRKT SQUARE ELDERLY HOUSING PHASE III PO BOX 12117 RICHMOND VA 23241 200765968 RENTAL REALES VA RAH INC false false NINE MILE ROAD LLC PO BOX 12117 RICHMOND VA 23241 383674789 RENTAL REALES VA NA false false NINE MILE ROAD LLC II PO BOX 12117 RICHMOND VA 23241 202383951 RENTAL REALES VA NA false false 300 RANDOLPH PLACE LLC PO BOX 12117 RICHMOND VA 23241 204225961 RENTAL REALES VA NA false false 4101 NORTH AVENUE LLC PO BOX 12117 RICHMOND VA 23241 261807652 RENTAL REALES VA NA false false 4101 NORTH AVENUE II LLC PO BOX 12117 RICHMOND VA 23241 264408293 RENTAL REALES VA NA false false CLAIBORNE SQUARE LLC PO BOX 12117 RICHMOND VA 23241 270339981 RENTAL REALES VA NA false false BECKSTOFFER LOFTS LLC PO BOX 12117 RICHMOND VA 23241 275198498 RENTAL REALES VA NA false false NORTH OAK LLC PO BOX 12117 RICHMOND VA 23241 800747272 RENTAL REALES VA NA false false 1208 NORTH 28TH ST LLC PO BOX 12117 RICHMOND VA 23241 800762090 RENTAL REALES VA NA false false RICHMOND SCATTERED SITES EAST LLC PO BOX 12117 RICHMOND VA 23241 454733064 RENTAL REALES VA NA false false RICHMOND SCATTERED SITES WEST LLC PO BOX 12117 RICHMOND VA 23241 454732978 RENTAL REALES VA NA false false 2230 VENABLE STREET LLC PO BOX 12117 RICHMOND VA 23241 811084653 RENTAL REALES VA NA false false MS IV LLC PO BOX 12117 RICHMOND VA 23241 822189375 RENTAL REALES VA NA false false false true true true false false false false false false false true false true true false true false false RICHMOND AFFORDABLE HOUSING B 360340 AMOUNT PAID RICHMOND AFFORDABLE HOUSING L 95000 AMOUNT PAID AFFORDABLE RESIDENCES IN CHESTERFIELD II C 1150000 AMOUNT PAID RICHMOND URBAN SENIOR HOUSING INC O 30844 AMOUNT PAID AFFORDABLE RESIDENCES IN CHESTERFIELD O 30844 AMOUNT PAID BHC MANAGEMENT COMPANY C 197000 AMOUNT PAID PART II, COLUMN B, LINES 1-5: PRIMARY ACTIVITY: PROVIDE AFFORDABLE HOUSING