2014-05-14T07:59:02-05:00 2013-12-31 540565834 MITCHELL WIGGINS & COMPANY LLP 100 FLANK ROAD PETERSBURG VA 238059152 990 2013-01-01 030376726 BOAZ AND RUTH INC BOAZ 8043294900 3030 MEADOWBRIDGE ROAD RICHMOND VA 23222 MEGAN ROLLINS PRESIDENT/CEO 8043294900 2014-05-08 1 M JAMES HARTSON JR CPA P00590214 8047335566 2013 2015-11-30 17:44:51Z MEGAN ROLLINS 3030 MEADOWBRIDGE ROAD RICHMOND VA 23222 913989 0 X WWW.BOAZANDRUTH.COM X 2002 VA REBUILDING LIVES AND COMMUNITIES THROUGH ECONOMIC REVITALIZATION, JOB TRAINING AND RELATIONSHIPS 15 14 50 160 0 0 1052514 550596 1032703 339581 0 0 0 0 2085217 890177 0 0 0 0 908664 456343 41956 44865 53341 688660 641821 1639280 1143029 445937 -252852 3865637 3488655 1837931 1806997 2027706 1681658 TO ENABLE UNEMPLOYED INDIVIDUALS TO BECOME PRODUCTIVE MEMBERS OF SOCIETY. 0 0 975746 339581 PROVIDES JOB TRAINING, LIFE SKILLS TRAINING AND EDUCATIONAL OPPORTUNITIES THAT ENABLE UNEMPLOYED AND UNDEREMPLOYED INDIVIDUALS TO BECOME PRODUCTIVE MEMBERS OF SOCIETY. THE TRAINING OPPORTUNITIES ARE IN SOCIAL ENTERPRISES THAT CONTRIBUTE TO THE NORMALIZATION; RESTORATION AND SAFETY OF THE HIGHLAND PARK NEIGHBORHOOD. THESE ENTERPRISES PROMOTE OPPORTUNITIES TO PROMOTE ECONOMIC AND RACIAL DIVERSITY AND INCLUSION INTO THE SOCIAL FABRIC OF RICHMOND. ADDITIONALLY B&R PROVIDES LOW INCOME HOUSING FOR FORMERLY HOMELESS OR LOW INCOME INDIVIDUALS. 975746 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 10 0 1 50 1 0 0 0 0 0 1 1 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 1 0 0 VA X THE ORGANIZATION 8043294900 3030 MEADOWBRIDGE ROAD RICHMOND VA 23222 MEGAN ROLLINS PRESIDENT/CEO 60.00 X X 52000 0 0 CARLOS BROWN CHAIR 1.00 X X 0 0 0 ANNIE KASPER VICE-CHAIR 1.00 X X 0 0 0 BARBARA LEE TREASURER 1.00 X X 0 0 0 YVONNE HAYNES SECRETARY 1.00 X X 0 0 0 CHARLES SUMMERS BOARD MEMBER 1.00 X 0 0 0 MARILYN WAYLAND BOARD MEMBER 1.00 X 0 0 0 THOMAS EDMONDS BOARD MEMBER 1.00 X 0 0 0 KIM ZEE MCCALL BOARD MEMBER 1.00 X 0 0 0 REV LARRY MILES BOARD MEMBER 1.00 X 0 0 0 CORELL HALSEY MOORE BOARD MEMBER 1.00 X 0 0 0 OMEGA WILSON BOARD MEMBER 1.00 X 0 0 0 MICHAEL GORDON BOARD MEMBER 1.00 X 0 0 0 JO WHITE BOARD MEMBER 1.00 X 0 0 0 DIANNA PAGE-LOFTON BOARD MEMBER 1.00 X 0 0 0 52000 0 0 0 0 0 0 0 113962 20000 416634 17638 550596 HOUSING 900099 138547 138547 CATERING, FOOD, OTHER 900099 88828 88828 ESTATE/FURNITURE SALES 900099 75309 75309 ON JOB TRAINING PAY 900099 36897 36897 339581 23812 113962 23812 0 890177 339581 0 0 52000 49865 2135 350792 336366 14426 6840 4560 2280 46711 44782 1929 3190 637 2553 75886 25517 50369 44865 44865 2651 2529 122 13963 3944 6931 3088 14260 5821 5821 2618 164307 151363 12944 66606 64561 2045 95734 92981 2753 56292 55671 621 PROGRAM EXPENSES 127609 127609 MISCELLANEOUS 14626 12979 1647 TELEPHONE 11535 2304 6923 2308 BAD DEBT EXPENSE 7756 7756 -12594 -13499 443 462 1143029 975746 113942 53341 173362 82403 185950 9400 43916 40562 8202 13952 3754548 544271 2638767 3210277 604459 210981 132061 3865637 3488655 123651 142296 4401 4555 1650019 1604841 59860 55305 1837931 1806997 X 1746852 1597914 280854 83744 2027706 1681658 3865637 3488655 X -252852 -93196 X X 0 1 X 1 0 X 885144 664256 793654 1052514 550596 3946164 1162104 1332223 1160335 1032703 339581 5026946 2047248 1996479 1953989 2085217 890177 8973110 0 0 0 8973110 2047248 1996479 1953989 2085217 890177 8973110 1.00000 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 427964 427964 3255454 473141 2782313 71130 71130 0 3210277 DEFERRED REVENUE, LESS CURRENT PORTION 55305 55305 X PART X, LINE 2: THE ORGANIZATION ADOPTED THE ACCOUNTING STANDARD REGARDING "ACCOUNTING FOR UNCERTAIN TAX POSITIONS". THIS STANDARD PROVIDES DETAILED GUIDANCE FOR CONSOLIDATED FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE CONSOLIDATED FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE ADOPTION OF THIS STANDARD HAD NO MATERIAL EFFECT ON THE ORGANIZATION'S CONSOLIDATED FINANCIAL POSITION, RESULTS OF OPERATIONS, OR CASH FLOW. THE TAX YEARS OF 2010 TO 2012 REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. THE ORGANIZATION INCLUDES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES IN OPERATING EXPENSES. THE ORGANIZATION DID NOT HAVE PENALTIES AND INTEREST EXPENSE FOR THE YEARS ENDED DECEMBER 31, 2013 AND 2012. X X X X X 1 GRETA KIDD 8204 KINGSDOWN COURT HENRICO VA 23229 FUND DEVELOPMENT 0 532596 24760 532596 AMANDA WINGER 1509 YEARDLEY DRIVE RICHMOND VA 23225 FUND DEVELOPMENT 0 532596 16375 532596 1065192 41135 1065192 VA GALA/AUCTION 63790 45661 18129 18129 10TH ANNIVERSARY BREAKFAST DONATION 16457 10961 5496 5496 57527 57340 187 187 137774 113962 23812 23812 23812 0 FORM 990, PART VI, SECTION B, LINE 11 ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 - A DRAFT OF THE ORGANIZATION'S FORM 990 IS EMAILED TO THE FINANCE AND BUDGET COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION PROCESS FOR TOP OFFICIAL - THE SALARY OF THE CEO IS DETERMINED BY THE EXECUTIVE COMMITTEE THAT MEETS TO DISCUSS STANDARDS, JOB DESCRIPTION AND CEO EVALUATION. RESEARCH IS DONE TO COMPARE TO LOCAL AND NATIONAL STANDARDS FOR COMPARABLE BUDGET AND ORGANIZATION COMPLEXITY. THE EXECUTIVE COMMITTEE RECOMMENDS SALARY TO THE BOARD OF DIRECTORS. THE BOARD VOTES ON SALARY IN EXECUTIVE SESSION WITHOUT CEO PRESENT. (SALARY IS WELL BELOW OTHER ORGANIZATIONS OF COMPARABLE BUDGET.) FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATIONS' 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION - GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE POSTED UNDER "BOARD" ON THE ORGANIZATION'S WEBSITE. FINANCIAL STATEMENTS ARE POSTED UNDER "NEWS/DOCUMENTS" ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: ACQUISTION OF NON-CONTROLLING INTEREST IN HP FIREHOUSE-LP -93,196. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BOAZ & RUTH COMMUNITY DEVELOPMENT CORPORATION 3030 MEADOWBRIDGE ROAD RICHMOND VA 23222 261490004 DEVELOPMENT VA 1800 659990 BOAZ AND RUTH INC 1213 GILES LLC 3030 MEADOWBRIDGE ROAD RICHMOND VA 23222 260657213 RENOVATION VA 433979 BOAZ AND RUTH INC HP FIREHOUSE LP 3030 MEADOWBRIDGE ROAD RICHMOND VA 23222 208463869 RENTAL REAL ESTATE DE BOAZ & RUTH DEVELOPMENT CORPORATION RELATED -12286 0 1 0.84620 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0