2013-05-14T10:37:28-05:00 2012-12-31 540565834 MITCHELL WIGGINS & COMPANY LLP 100 FLANK ROAD PETERSBURG VA 238059152 990 2012-01-01 030376726 BOAZ AND RUTH INC BOAZ 8043294900 3030 MEADOWBRIDGE ROAD RICHMOND VA 23222 MARTHA F ROLLINS 8043294900 2013-05-10 1 M JAMES HARTSON JR CPA P00590214 8047335566 2012 2016-02-24 21:20:13Z MARTHA F ROLLINS 3030 MEADOWBRIDGE ROAD RICHMOND VA 23222 2116746 0 X WWW.BOAZANDRUTH.COM X 2002 VA REBUILDING LIVES AND COMMUNITIES THROUGH ECONOMIC REVITALIZATION, JOB TRAINING AND RELATIONSHIPS 16 15 90 160 0 0 793654 1052514 1160335 1032703 0 0 0 0 1953989 2085217 0 0 0 0 1107849 908664 48936 41956 53715 825225 688660 1982010 1639280 -28021 445937 3480419 3865637 1708650 1837931 1771769 2027706 TO ENABLE UNEMPLOYED INDIVIDUALS TO BECOME PRODUCTIVE MEMBERS OF SOCIETY. 0 0 1447050 1032703 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. 1447050 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 18 0 1 90 1 0 0 0 0 0 1 1 0 0 0 0 X 16 15 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 MARTHA ROLLINS 60.00 X X 24000 0 0 CARLOS BROWN 1.00 X X 0 0 0 ANNIE KASPER 1.00 X X 0 0 0 BARBARA LEE 1.00 X X 0 0 0 YVONNE HAYNES 1.00 X X 0 0 0 CHARLES SUMMERS 1.00 X 0 0 0 MARILYN WAYLAND 1.00 X 0 0 0 THOMAS EDMONDS 1.00 X 0 0 0 JOSEPH BARTHOLOMEW III 1.00 X 0 0 0 KIM ZEE MCCALL 1.00 X 0 0 0 REV LARRY MILES 1.00 X 0 0 0 CORELL HALSEY MOORE 1.00 X 0 0 0 OMEGA WILSON 1.00 X 0 0 0 MICHAEL GORDON 1.00 X 0 0 0 JO WHITE 1.00 X 0 0 0 DIANNA PAGE-LOFTON 1.00 X 0 0 0 24000 0 0 0 0 0 0 0 56711 70300 925503 1052514 ON JOB TRAINING PAY 900099 685614 685614 HOUSING 900099 122430 122430 ESTATE/FURNITURE SALES 900099 116768 116768 CATERING, FOOD, OTHER 900099 107891 107891 1032703 31529 56711 31529 0 2085217 1032703 0 0 24000 22167 1833 792867 751217 41650 4789 4789 87008 82377 4631 3193 3193 46611 7214 39397 41956 41956 7714 7714 10309 1801 4357 4151 25923 14563 7863 3497 15685 9253 3966 2466 124525 113209 11066 250 66920 62444 4476 83277 81471 1806 145938 139034 6548 356 PROGRAM EXPENSES 165629 165629 BAD DEBT EXPENSE 18596 18596 MISCELLANEOUS 10245 9780 15 450 JOB TRAINING 7951 7951 -43856 -44445 589 1639280 1447050 138515 53715 52517 173362 101096 185950 98314 43916 6675 8202 3001136 362369 2602219 2638767 612817 604459 6781 210981 3480419 3865637 152484 123651 4401 1556166 1650019 0 59860 1708650 1837931 X 1368069 1746852 403700 280854 1771769 2027706 3480419 3865637 445937 -190000 0 X X 0 1 X 1 0 X 1301860 885144 664256 793654 1052514 4697428 1165642 1162104 1332223 1160335 1032703 5853007 2467502 2047248 1996479 1953989 2085217 10550435 0 0 0 10550435 2467502 2047248 1996479 1953989 2085217 10550435 1.00000 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 364124 364124 2565882 291567 2274315 71130 70802 328 2638767 INVESTMENT IN HP FIREHOUSE LP 604459 C 604459 OTHER ASSETS 19900 CONSTRUCTION IN PROGRESS 126288 LOAN COSTS, NET OF ACCUMULATED AMORTIZATION 4933 PREPAID EXPENSES, LESS CURRENT PORTION 59860 210981 DEFERRED REVENUE, LESS CURRENT PORTION 59860 59860 X DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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 2009 TO 2011 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, 2012 AND 2011. X X X X X 1 HOLLER NONPROFIT SERVICES LLC 11442 CARUTHERS WAY GLEN ALLEN VA 23059 FUND DEVELOPMENT 0 982214 27020 982214 AMANDA WINGER 1509 YEARDLEY DRIVE RICHMOND VA 23225 FUND DEVELOPMENT 0 982214 10118 982214 1964428 37138 1964428 VA GALA/AUCTION 84408 52938 31470 31471 LONG WALK 706 647 59 58 2 3126 3126 88240 56711 31529 31529 31529 0 X 1 94000 APPRAISED VALUE X CAPITALIZED ARCHITECTURAL FEES 1 30470 VALUE OF SERVICES RENDERED AT NO CHARGE 0 0 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. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BOAZ & RUTH COMMUNITY DEVELOPMENT CORPORATION 3030 MEADOWBRIDGE ROAD RICHMOND VA 23222 261490004 DEVELOPMENT VA 3600 617594 BOAZ AND RUTH INC 1213 GILES LLC 3030 MEADOWBRIDGE ROAD RICHMOND VA 23222 260657213 RENOVATION VA 448450 BOAZ AND RUTH INC HP FIREHOUSE LP 3030 MEADOWBRIDGE ROAD RICHMOND VA 23222 208463869 RENTAL REAL ESTATE DE BOAZ & RUTH DEVELOPMENT CORPORATION RELATED -7879 616342 0 1 0.84620 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0