2024-11-12T08:11:15-06:00 2024-06-30 541631262 KEITER STEPHENS HURST GARY & SHREAVES 4401 DOMINION BLVD GLEN ALLEN VA 23060 990 2023-07-01 541595851 ELDERHOMES CORPORATION ELDE 8042332827 88 CARNATION STREET RICHMOND VA 23225 LEE HOUSEHOLDER EXECUTIVE DIRECTOR 8042332827 2024-11-11 1 1 JAYME MIKA P00852731 8047470000 2023 2024-10-15 13:58:12Z PROJECT HOMES LEE HOUSEHOLDER 88 CARNATION STREET RICHMOND VA 23225 25889049 0 X WWW.PROJECTHOMES.ORG X 1992 VA OUR MISSION IS TO IMPROVE THE HOUSING AND LIVING CONDITIONS OF ELDERLY, DISABLED, AND LOW-INCOME PERSONS IN RICHMOND AND SURROUNDING LOCALITIES. 13 13 65 1000 0 0 19344640 22025334 4129637 3690611 70940 121842 28437 51262 23573654 25889049 0 0 0 0 4324766 4489721 0 0 209618 18349265 20547663 22674031 25037384 899623 851665 17850876 19513548 2276929 3181056 15573947 16332492 X OUR MISSION IS TO IMPROVE THE HOUSING AND LIVING CONDITIONS OF ELDERLY, DIABLED, AND LOW-INCOME PERSONS IN THE RICHMOND AND SURROUNDING LOCALITIES. 0 0 11657637 12639683 WEATHERIZATION PROGRAM: PROVIDE ENERGY CONSERVATION WEATHERIZATION SERVICES AND EMERGENCY HOME REPAIR TO ELDERLY & LOW INCOME INDIVIDUALS. 5437418 2213035 AFFORDABLE HOUSING PROGRAM: HOUSING REHABILITATION AND NEIGHBORHOOD REVITALIZATION AND EMERGENCY HOME REPAIR AS WELL AS CONSTRUCTION OF NEW ENERGY-EFFICIENT HOMES. 4784991 5367535 HOME REHABILITATION PROGRAM: COMPREHENSIVE HOME REHABILITATION-PROVIDES HOME REPAIRS TO LOW INCOME INDIVIDUALS. 1464627 1095823 VOLUNTEER SERVICES: RENEW CREW VOLUNTEERS, COMPLETED HOME REPAIRS, AND ACCESSIBILITY MODIFICATIONS FOR SENIOR AND DISABLED HOMEOWNERS. 1464627 1095823 23344673 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 79 0 1 65 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X X CORPORATE OFFICE 8042332827 88 CARNATION STREET RICHMOND VA 23225 DANA BALLENGER BOARD MEMBER 1.00 X 0 0 0 ART BOWEN BOARD MEMBER 1.00 X 0 0 0 JONATHAN FRANK BOARD MEMBER 1.00 X 0 0 0 ANNE GARRETT BOARD MEMBER 1.00 X 0 0 0 ARETHA HARRIS BOARD MEMBER 1.00 X 0 0 0 REBECCA MCNAMARA BOARD MEMBER 1.00 X 0 0 0 HUNTER SNELLINGS BOARD MEMBER 1.00 X 0 0 0 PATRICIA TROTTA BOARD MEMBER 1.00 X 0 0 0 BARBARA VAUGHAN BOARD MEMBER 1.00 X 0 0 0 CAROLYN CHAMPION BOARD MEMBER 1.00 X 0 0 0 JOHN TULL CHAIRMAN 1.00 X X 0 0 0 JOHN THANIEL VICE CHAIR 1.00 X X 0 0 0 BILLY TRIGG SECRETARY/TREASURER 1.00 X X 0 0 0 LEE HOUSEHOLDER EXECUTIVE DIRECTOR 40.00 X 223678 0 19677 SHELIA WALTERS FINANCE OFFICER 40.00 X 160200 0 17166 MARION CAKE VP AFFORDABLE HOUSING 40.00 X 150460 0 16742 BRYAN BURRIS VP ENERGY CONSERVATION 40.00 X 118132 0 14735 MATT HINKLE VP OPERATIONS 40.00 X 116975 0 15367 MATT MORGAN DIRECTOR OF AFFORDABLE HOUSING DEV. 40.00 X 105574 0 14940 875019 0 98627 6 0 1 0 HOME PERFORMANCE INC 2507 MAGNOLIA ROAD RICHMOND VA 23223 WEATHERIZATION AND ENERGY EFFICIENCY 5055057 QUALITY BLDG PRODUCTS 5123 GLEN ALDEN DRIVE HENRICO VA 23238 WEATHERIZATION AND ENERGY EFFICIENCY 3155734 OPTIMUM PERFORMANCE PO BOX 293 GUM SPRING VA 23065 WEATHERIZATION AND ENERGY EFFICIENCY 916176 SUSTAINABLE BUILDING ELEMENTS 16 SWANNEE LANE ASHLAND VA 23005 WEATHERIZATION AND ENERGY EFFICIENCY 707625 CASCANTE CONTRACTING 3329 BROAD ROCK BLVD RICHMOND VA 23224 HOME REPAIRS TO INCLUDE SIDING AND ROOFI 669081 28 11218469 10806865 22025334 HOUSING REVENUE 900099 3413251 3413251 CONSERVATION STRATEGIES 900099 140023 140023 PROGRAM INCOME 900099 137337 137337 3690611 121842 121842 30000 0 30000 30000 30000 NONCONTROLLING INT IN SUBSID 900099 21262 21262 21262 25889049 3741873 0 121842 423819 423819 3199592 3035046 130076 34470 866310 758648 98630 9032 80351 75529 4018 804 82108 77182 4105 821 78425 73720 3921 784 221147 207879 11057 2211 MATERIALS EXPENSE 12392788 11649221 619639 123928 EHC MATERIALS 3936262 3936262 0 0 HEALTH & SAFETY WEATHER 1634360 1536298 81718 16344 LABOR OF MATERIALS 896427 842642 44821 8964 1225795 1152246 61289 12260 25037384 23344673 1483093 209618 1905804 2544716 3560414 4019499 966085 965384 4021716 3846861 1605276 1089172 401522 516104 6995335 7620984 17850876 19513548 1453457 1717595 7872 627872 15600 800000 835589 2276929 3181056 X 15573947 16332492 15573947 16332492 17850876 19513548 X 851665 -71858 -21262 X 0 1 X 1 1 1 X 10857454 10612183 16717863 19344640 22025334 79557474 10857454 10612183 16717863 19344640 22025334 79557474 9414930 70142544 50492 48624 19099 709400 151842 979457 21262 21262 80558193 21507966 0.87070 0.82250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 442176 108790 333386 283802 194408 89394 879298 785974 93324 516104 INVESTMENT IN BERMUDA ESTATES 559895 INVESTMENT IN SUBSIDIARY 1204178 INVESTMENT IN ELDER PROPERTIES -45446 DUE FROM SUBSIDIARY 1787484 INVESTMENT IN CONSERVATION STRATEGIES 106116 WORK IN PROGRESS 2375484 LAND HELD FOR INVESTMENT 495624 EHC DEVELOPER FEES RECEIVABLE 1078807 INVESTMENT IN SUBSIDIARY 107889 INVESTMENT IN BAINBRIDGE -49047 7620984 X PART X, LINE 2: THE ORGANIZATION FOLLOWS FASB GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ORGANIZATION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED "WHEN CHALLENGED OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX EXPENSE AND LIABILITY IN THE CURRENT YEAR. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE ORGANIZATION IS NOT CURRENTLY UNDER AUDIT BY ANY TAX JURISDICTION. 0 0 0 0 0 0 0 0 0 LEE HOUSEHOLDER EXECUTIVE DIRECTOR 223678 0 0 0 0 0 9045 0 10632 0 243355 0 0 0 SHELIA WALTERS FINANCE OFFICER 160200 0 0 0 0 0 6534 0 10632 0 177366 0 0 0 MARION CAKE VP AFFORDABLE HOUSING 150460 0 0 0 0 0 6110 0 10632 0 167202 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 AN ELECTRONIC COPY OF FORM 990 IS PROVIDED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICS POLICY CONSTANT MONITORING OF POLICIES BY MANAGEMENT, DEPARTMENT HEADS, STAFF AND REVIEW BY GRANTORS. EMPLOYEE ASSIGNED SPECIFICIALLY TO PROVIDE COMPLIANCE MONITORING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIAL REVIEW, PERFORMANCE, AND DETERMINATION BY COMMITTEE CONSISTING OF BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NONCONTROLLING INTEREST IN BERMUDA ESTATES -21,262. PROJECT HOMES PROPERTIES II LLC 88 CARNATION STREET RICHMOND VA 23225 VA N/A 2100 BAINBRIDGE MM LLC 88 CARNATION STREET RICHMOND VA 23225 VA N/A 2100 BAINBRIDGE LLC 88 CARNATION STREET RICHMOND VA 23225 VA -24073 1786057 N/A WILLIAM BYRD II 88 CARNATION ROAD RICHMOND VA 23225 542052384 INVESTMENT VA RELATED 488939 0 1 0.99990 PORT CITY II MANAGING MEMBER LLC 205 N 19TH STREET SUITE LL2 RICHMOND VA 23223 843518877 INVESTMENT VA RELATED 17970 2886089 0 1 0.10000 PROJECT HOMES PROPERTIES IV 88 CARNATION ROAD RICHMOND VA 23225 852310096 INVESTMENT VA RELATED 18843 1876374 0 1 0.75000 CONSERVATION STRATEGIES INC 88 CARNATION ROAD RICHMOND VA 23225 541742526 SUPPLIER VA C -76632 166862 1.00000 0 ELDER PROPERTIES INC 88 CARNATION ROAD RICHMOND VA 23225 541821751 RENTAL VA C -85041 631658 1.00000 0 ELDER PROPERTIES II INC 88 CARNATION ROAD RICHMOND VA 23225 542052383 INVESTMENT VA C 1.00000 0 ELDER PROPERTIES III INC 88 CARNATION ROAD RICHMOND VA 23225 800110557 INVESTMENT VA C -140791 594517 1.00000 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 CONSERVATION STRATEGIES INC O 140023 ACTUAL REIMBURSEMENT CONSERVATION STRATEGIES INC H 75377 PURCHASES ELDER PROPERTIES INC D 337994 OUTSTANDING LOAN BALANCE ELDER PROPERTIES INC J 165552 PERCENTAGE OF ACTUAL EXP ELDER PROPERTIES INC O 132000 ACTUAL REIMBURSEMENT SCHEDULE R - ADDITIONAL INFORMATION ELDERHOMES CORPORATION OWNS 100% INTEREST IN PROJECT: HOMES PROPERTIES II, LLC (A DISREGARDED ENTITY). HOMES PROPERTIES II, LLC OWNS A 10% INTEREST IN PORT CITY II MANAGING MEMBER LLC, WHICH IS ELECTING NOT TO BE TREATED AS AN EXEMPT ENTITY.