Civic Intelligence

Vance Housinginc

EIN 31-1636794 • 501(c)3 • Beckley, WV

Profile

Provide housing for individuals who are chronically mentally ill.

PO Box 1780Beckley, WV 25801
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

64th percentile

0.07x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.28x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

33rd percentile

-3.4%

Higher net margin than 33% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

43rd percentile

0.6%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

-3.5%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$618,715

Down $11,169 (-1.8%) from 2022

Liabilities

Up

$43,111

Up $113 (+0.3%) from 2022

Net Assets

Down

$575,604

Down $11,282 (-1.9%) from 2022

Revenue

Up

$156,647

Up $42,554 (+37%) from 2022

Expenses

Down

$161,937

Down $8,217 (-4.8%) from 2022

Net Income

Up

-$5,290

Up $50,771 (+91%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2016: $896,729Liabilities 2016: $29,676Net Assets 2016: $867,0532016Assets 2017: $878,190Liabilities 2017: $25,026Net Assets 2017: $853,1642017Assets 2019: $711,300Liabilities 2019: $28,374Net Assets 2019: $682,9262019Assets 2020: $700,600Liabilities 2020: $31,142Net Assets 2020: $669,4582020Assets 2021: $679,248Liabilities 2021: $36,301Net Assets 2021: $642,9472021Assets 2022: $629,884Liabilities 2022: $42,998Net Assets 2022: $586,8862022Assets 2024: $618,715Liabilities 2024: $43,111Net Assets 2024: $575,6042024

Highlighted filing

2024

Assets$618,715
Liabilities$43,111
Net Assets$575,604

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100K-$200KRevenue 2016: $72,533Expenses 2016: $102,627Net Income 2016: -$30,0942016Revenue 2017: $81,428Expenses 2017: $95,317Net Income 2017: -$13,8892017Revenue 2019: $89,539Expenses 2019: $234,960Net Income 2019: -$145,4212019Revenue 2020: $116,004Expenses 2020: $129,472Net Income 2020: -$13,4682020Revenue 2021: $127,452Expenses 2021: $153,963Net Income 2021: -$26,5112021Revenue 2022: $114,093Expenses 2022: $170,154Net Income 2022: -$56,0612022Revenue 2024: $156,647Expenses 2024: $161,937Net Income 2024: -$5,2902024

Highlighted filing

2024

Revenue$156,647
Expenses$161,937
Net Income-$5,290

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 25, 2025
Return Version
2023v6.0
Gross Receipts
$156,647
Mission and Program Overview

Mission

Provide housing for individuals who are chronically mentally ill.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$574,024$561,102▼ $12,922
Cash and Non-Interest-Bearing Accounts$3,824--
Accounts Receivable$72$860▲ $788
Total Assets$614,954$618,715▲ $3,761
Other Assets Total$37,034$56,753▲ $19,719
Liabilities
Accounts Payable and Accrued Expenses$27,580$39,204▲ $11,624
Other Liabilities$4,482$3,897▼ $585
Deferred Revenue$1,998$10▼ $1,988
Total Liabilities$34,060$43,111▲ $9,051
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,053,900$1,053,900→ $0
Net Assets Without Donor Restrictions$-473,006$-478,296▼ $5,290
Total Net Assets Fund Balance$580,894$575,604▼ $5,290
Total Liabilities and Net Assets / Fund Balance$614,954$618,715▲ $3,761

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$526,141$548,965$1,075,106
Land$34,961-$34,961
Other Assets Org$8,384--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian BuchananPresident
Denita WalkerDirector
Kenneth ChittumDirector
Robert HayesDirector
Eddiena SchoolfieldSecretary-tr
Revenue and Support

Revenue Composition

Contributions and Grants
$116,129
Program Service Revenue
$40,428
Investment Income
$90
Other Revenue
$0
Change in Net Assets
$-5,290

Audited Revenue Reconciliation

Revenue per Audited Statements
$156,647
Total Revenue per Audited Statements
$156,647
Total Revenue per Form 990
$156,647
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$117,069
Salaries, Compensation, and Employee Benefits$44,868
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$57,209--$57,209
Depreciation Depletion$33,386--$33,386
Other Salaries and Wages$15,965$15,825-$31,790
Fees for Services Accounting-$10,992-$10,992
Fees for Services Management-$10,057-$10,057
Other Employee Benefits$4,837$4,795-$9,632
Office Expenses-$5,425-$5,425
Payroll Taxes$1,731$1,715-$3,446
Total Functional Expenses$113,128$48,809$0$161,937

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$161,937
Total Expenses per Audited Statements$161,937
Total Expenses per Form 990$161,937
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$3,635
Accrued Interest$262
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Beckley housing authority is the hud approved management agent. They are responsible for the financial reporting, maintaining the general ledger and the day to day operations including collection of amounts due from tenants.

Form 990, Page 6, Part VI, Line 11B

A copy of the 990 is available to the board of directors upon request.

Form 990, Page 6, Part VI, Line 19

Governing documents are available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Vance Housinginc
EIN
31-1636794
Phone
3042561772
Address
PO BOX 1780, BECKLEY, WV 25801

Signing Officer

Name
Brian Buchanan
Title
President
Phone
3042561772
Signed
2025-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Buchanan
Formed
1999
Legal Domicile
Wv
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Ellis & Ellis Pllc
Address
500 VIRGINIA ST E STE 1000, CHARLESTON, WV 25301
Preparer
Kimberly K Williams
Phone
3043424169
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0113128
IRS990/TotalFunctionalExpensesGrp/TotalAmt0161937
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034060
IRS990/TotalLiabilitiesEOYAmt043111
IRS990/TotalLiabilitiesGrp/BOYAmt034060
IRS990/TotalLiabilitiesGrp/EOYAmt043111
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0580894
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0575604
IRS990/TotalProgramServiceExpensesAmt0113128
IRS990/TotalProgramServiceRevenueAmt040428
IRS990/TotalRevenueGrp/ExclusionAmt090
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt040428
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0156647
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0614954
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0618715
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN BUCHANAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03042561772
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VANCE HOUSINGINC
ReturnHeader/Filer/BusinessNameControlTxt0VANC
ReturnHeader/Filer/EIN0311636794
ReturnHeader/Filer/PhoneNum03042561772
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1780
ReturnHeader/Filer/USAddress/CityNm0BECKLEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WV
ReturnHeader/Filer/USAddress/ZIPCd025801
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0550771644
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ELLIS & ELLIS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 VIRGINIA ST E STE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLESTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd025301
ReturnHeader/PreparerPersonGrp/PhoneNum03043424169
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIMBERLY K WILLIAMS
ReturnHeader/ReturnTs02025-05-15T15:42:50-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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