2025-11-17T11:23:34-05:00 2024-12-31 AAL PC 8230 Old Courthouse Road Vienna VA 22182 990 2024-01-01 203583045 Highland Community Builders Inc % Lisa Shaffer HIGH 3046366495 PO Box 1579 Elkins WV 26241 LISA SHAFFER President 3047046282 2025-11-17 false true SHAD AHMAD P01463778 7038939644 2025-11-17 2024 2025-03-06 01:10:19Z Lisa Shaffer PO Box 1579 Elkins WV 26241 177076 false X http://www.hcbwv.org X 2005 WV The mission of Highland Community Builders is to build opportunities for housing, workforce development, and supportive services that will allow individuals and families to work, live, and prosper. 5 5 0 0 0 92969 56186 175743 120890 0 0 268712 177076 2500 0 0 4207 0 0 316784 247895 319284 252102 -50572 -75026 561458 346026 832968 692562 -271510 -346536 The mission of Highland Community Builders is to build opportunities for housing, workforce development, and supportive services that will allow individuals and families to work, live, and prosper. false false 219250 202467 SEE SCHEDULE O, SEC 08 219250 true true false false false false false false false false true false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false false false false false false false false false false X 5 5 false false false false false false false true false false false true true true true true true true true false WV X The Corporation 3046356495 PO Box 1579 Elkins WV 26241 X Dustin Smith Director 0.50 0.00 X 0 0 0 Kate Somers Director 0.50 0.00 X 0 0 0 Mandy Weirich Director 0.50 0.00 X 0 0 0 Raymond Godwin Vice-Presient 0.50 0.00 X 0 0 0 Lisa Shaffer President 0.50 0.00 X X 0 0 0 0 0 0 0 false false false 41601 14585 56186 Contracted Services 531390 202467 202467 Loss sale of Homes 230000 -99577 -99577 Debt Forgiveness 221000 18000 18000 120890 0 177076 120890 0 0 X 4207 4207 15906 15906 603 603 1479 1479 2241 2241 7664 7664 Contracted Services 65984 65984 Repairs & Maintenance 4738 4738 Contracted work expenses 136800 136800 Taxes & Licenses 6918 6918 5562 5562 252102 219250 32852 0 X 24440 8503 10823 83255 479249 207322 57929 11197 46732 46732 214 214 561458 346026 159682 221655 529286 344907 144000 126000 832968 692562 X -271510 -346536 -271510 -346536 561458 346026 -75026 0 X false X true X true false X 70789 279608 203900 92969 56186 703452 70789 279608 203900 92969 56186 703452 164210 539242 703452 939568 0.76660 0.82920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 46732 46732 11197 11197 46732 notes Payable 126000 126000 177076 177076 177076 252102 252102 252102 Committee meeting documentation Part VI line 8b Form 990, Part VI, Section A, Line 8b:The governing body acts as a whole and does not have any committees. Form 990 governing body review Part VI line 11 Form 990, Part VI, Section B, Line 11b:Form 990 is approved by the governing body and signed by one of the board members before filing with the IRS. Conflict of interest policy compliance Part VI line 12c Every member, director, officer or employee is required to declare if there exists any conflict of interest in a transaction and s/he is a part of that transaction. CEO executive director top management comp Part VI line 15a The Board of Directors determines the compensation. Other officer or key employee compensation Part VI line 15b The Board of Directors determines the compensation. Governing documents etc available to public Part VI line 19 All governing documents and financial statements are made available for review upon request at the corporate office during regular business hours. List of other expenses Part IX line 24e Other general expenses incurred for normal operations of the Organization. General explanation attachment Form 990, Part X, Section Assets & Liabilities:The organization has invested as General Partner in First Ward Delmonte LP (FWD), who has been allocated low-income housing tax credits persuant to Internal Revenue Code Section 42, which regulates the use of the project as to occupant eligibility and unit gross rent, among other requirements. FWD provides 16 units of senior housing in a historic rehabiliated school building. The project must meet the provisions of these regulations during each of 15 consecutive years in order to continue to qualify to receive the tax credits. Failure to comply with occupant eligibility and/or unit gross rent or to correct noncompliance within a specified time period could result in recapture of previously taken low-income housing tax credits plus interest. 2024 Accomplishments:2024 was marked by a transition in leadership as a new President/CEO was appointed, and a Chief Operating Officer was hired. In 2024 Highland Community Builders received the Goodwill Giveback Grant which supported the Youthbuild and Supportive Service Department participants. HCB also secured 1 LISC Capacity Building grant to obtain technical support for property management. Two West Virginia Housing Development Fund grants were secured, providing technical assistance for training and consulting, and permanent gap home ownership support for Highland Meadows development. HCB further fulfilled its mission of supporting the programs of the Housing Authority by helping to fundraise for the YouthBuild program. The property management department provided consultation services for a LIHTC project in Rupert, WV, onboarded a new HOME unit in Elkins, WV, and managed a Housing Preservation Grant project to rehab rental properties. The Property Management staff continued their education with a number of training certifications. Finally, 1 home was sold at Highland Meadows to a buyer below 80% of area medium income and predevelopment began for a single-family, new construction home to be built at Highland Meadows in conjunction with RCHAs YouthBuild program.