Civic Intelligence

Arlington Partnership for Affordable Housing

EIN 54-1515133 • 501(c)3 • Arlington, VA

Profile

The mission of the arlington partnership for affordable housing (apah) is to develop, preserve, and own quality, affordable places to live; to promote stability and opportunity for our residents; and to advocate with the people and communities we serve.

Refreshing map…

4318 N Carlin Springs RoadArlington, VA 22203

www.apah.org

Siviq Scores

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

Liabilities / Assets

64th percentile

0.42x

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

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

85th percentile

2.29x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

93rd percentile

55%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

42nd percentile

$426,194

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

86th percentile

20%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

61%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$216,133,008

Up $52,054,361 (+32%) from 2022

Liabilities

Up

$89,818,028

Up $31,870,453 (+55%) from 2022

Net Assets

Up

$126,314,980

Up $20,183,908 (+19%) from 2022

Revenue

Up

$39,201,787

Up $19,063,274 (+95%) from 2022

Expenses

Up

$17,563,315

Up $10,071,068 (+134%) from 2022

Net Income

Up

$21,638,472

Up $8,992,206 (+71%) from 2022

Trend Graphs

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2013: $18,300,804Liabilities 2013: $10,867,560Net Assets 2013: $7,433,2442013Assets 2019: $85,402,434Liabilities 2019: $24,358,315Net Assets 2019: $61,044,1192019Assets 2020: $99,250,508Liabilities 2020: $28,453,824Net Assets 2020: $70,796,6842020Assets 2022: $164,078,647Liabilities 2022: $57,947,575Net Assets 2022: $106,131,0722022Assets 2024: $216,133,008Liabilities 2024: $89,818,028Net Assets 2024: $126,314,9802024

Highlighted filing

2024

Assets$216,133,008
Liabilities$89,818,028
Net Assets$126,314,980

Operations Trend

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

$40M$30M$20M$10M$0-$10MRevenue 2013: $3,811,386Expenses 2013: $3,812,487Net Income 2013: -$1,1012013Revenue 2019: $26,751,677Expenses 2019: $3,896,739Net Income 2019: $22,854,9382019Revenue 2020: $14,647,878Expenses 2020: $4,863,058Net Income 2020: $9,784,8202020Revenue 2022: $20,138,513Expenses 2022: $7,492,247Net Income 2022: $12,646,2662022Revenue 2024: $39,201,787Expenses 2024: $17,563,315Net Income 2024: $21,638,4722024

Highlighted filing

2024

Revenue$39,201,787
Expenses$17,563,315
Net Income$21,638,472

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$39,335,329
Mission and Program Overview

Mission

The organization was incorporated in 1989 in the commonwealth of virginia as a nonstock, nonprofit corporation. Its purpose and mission is to enhance the arlington county community by developing, preserving and advocating for quality affordable housing in arlington, and to promote opportunity for our residents through partnerships and programs. The organization derives its revenue principally from rental revenue, development fees, grants, contributions and sponsorship of special events. As of december 31, 2013, the organization sponsors 995 rental units located in arlington county. Approximately 80% of the rental units in the buildings described below are available for occupancy by residents and families whose income qualifies them for such affordable units. Fisher house - 33 unit, garden-style, four buildings, located in the westover neighborhood, purchased september 9, 1991 and june 23, 1995. Queens court - 39 unit, garden-style, three buildings, located in the rosslyn neighborhood,

We exist to provide quality affordable housing and resident-centered programming to help our residents make the most of their home.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$72,015,531$72,804,625▲ $789,094
Land, Buildings, and Equipment, Net$35,662,784$62,324,985▲ $26,662,201
Accounts Receivable$28,842,285$36,027,485▲ $7,185,200
Savings and Temporary Cash Investments$21,354,042$18,053,002▼ $3,301,040
Investments Program Related$13,846,684$10,553,553▼ $3,293,131
Prepaid Expenses and Deferred Charges$38,790$299,912▲ $261,122
Total Assets$180,558,894$216,133,008▲ $35,574,114
Other Assets Total$8,798,778$16,069,446▲ $7,270,668
Liabilities
Mortgage Notes Payable Secured by Investment Property$35,024,812$70,084,566▲ $35,059,754
Deferred Revenue$19,143,371$8,919,906▼ $10,223,465
Other Liabilities$3,984,218$6,632,636▲ $2,648,418
Accounts Payable and Accrued Expenses$3,224,668$4,180,920▲ $956,252
Total Liabilities$61,377,069$89,818,028▲ $28,440,959
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$119,181,825$126,314,980▲ $7,133,155
Total Net Assets Fund Balance$119,181,825$126,314,980▲ $7,133,155
Total Liabilities and Net Assets / Fund Balance$180,558,894$216,133,008▲ $35,574,114

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$32,387,022$3,080,343$35,467,365
Land$29,937,963-$29,937,963
Other Assets Org$1,946,531--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carmen RomeroPresident / Director / CEOFT$360,000$66,194$426,194
Michael ChiappaVice President / Senior Vice President of Real EstPT-$376,041$376,041
Kyle MccandlessAssistant Treasurer / CFOFT$234,300$34,704$269,004
Charles SimsDirector of Real Estate DeFT$218,400$30,357$248,757
Mitch CrispellDirector of Real Estate DeFT$218,400$30,164$248,564
Jesus EsquivelDirector of Asset ManagemeFT$200,000$44,506$244,506
Marquan JacksonVice President of ResidentFT$208,000$31,443$239,443
Kimberly PainterAssistant Secretary / Vice President of Talent & CFT$191,440$17,905$209,345
Kimberly PainterAssistant Secretary / Vice President-$177,500$31,845$209,345
Haley NorrisDirector of Real Estate DevelopmentFT$190,000$18,287$208,287
Garrett JacksonVice President of Philanthropy & CommunicationsFT$175,911$7,037$182,948
Garrett JacksonVice President of Philanthropy & COM-$163,100$19,848$182,948

Board Members and Trustees

NameTitle
Rich JordanChair / Director
Buzz RobertsVice Chair / Director
Michael ChiappaVice President / Senior Vice Preside
Alicia PlerhoplesDirector
Amit KulkarniDirector
Andy VanhornDirector
Colette PorterDirector
Jeanne BoothDirector
Keiva DennisDirector
Kevin YamDirector
Kyle DethomasDirector
Latasha WaddyDirector
Matt GinivanDirector
Matthew BirenbaumDirector
Nancy RaseDirector
Pam RothenbergDirector
Rita BambergerDirector
Robert RozenDirector
Tannia TalentoDirector
Ted HicksDirector
Whytni KernodleDirector
Jay HarrisOutgoing Director
John ZiegenheinOutgoing Director
Julie GouldOutgoing Director
Latasha RoweOutgoing Director
Paul HollandOutgoing Director
Randy AndersonSecretary / Director
John GreenTreasurer / Director
Revenue and Support

Revenue Composition

Contributions and Grants
$19,450,161
Program Service Revenue
$15,772,704
Investment Income
$1,495,076
Other Revenue
$2,483,846
All Other Contributions
$18,082,302
Change in Net Assets
$21,638,472
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,218,172
Salaries, Compensation, and Employee Benefits$7,345,143
Total Fundraising Expense$77,266
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,312,144$385,202$62,196$5,759,542
Interest$1,563,524$88,963-$1,652,487
All Other Expenses$1,268,637$80,671-$1,349,308
Depreciation Depletion$1,088,745$61,948-$1,150,693
Current Officers, Directors, Trustees, and Key Employees$767,681$127,874$8,988$904,543
Information Technology$701,215$39,898-$741,113
Insurance$604,022$34,368-$638,390
Payroll Taxes$457,707$33,190$5,359$496,256
Conferences and Meetings$305,480$17,381-$322,861
Office Expenses$234,378$14,301$723$249,402
Pension Plan Contributions-$184,493-$184,493
Fees for Services Other$164,053$9,334-$173,387
Fees for Services Legal-$101,075-$101,075
Fees for Services Accounting-$86,649-$86,649
Fees for Services Management$84,193--$84,193
Other Expenses$62,349$3,548-$65,897
Travel$58,368$3,321-$61,689
Other Employee Benefits-$309-$309
Total Functional Expenses$16,202,365$1,283,684$77,266$17,563,315
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$133,542
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$989,750-$133,542-
Total Events$989,750-$133,542$-133,542
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Development Fees$5,651,843
Accrued Expenses$449,998
Accrued Interest$434,550
Security Deposits Payable$41,585
Con & Dev Cost$35,439
Prepaid Rent$19,221
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Property operations are managed by an independent, third party property management company.

Form 990, Part VI, Section B, Line 11B

The board of directors passed a resolution where the finance and operations committee is appointed to review and approve the form 990. Once the form 990 is received by apah the committee will have one week (or less depending on time constraints) to issue any comments and the 990 is finalized

Form 990, Part VI, Section B, Line 12C

Each year every employee and board member is required to disclose any conflicts of interest. Any that arise during the year are handled by the chair of the finance committee.

Form 990, Part VI, Section B, Line 15

Compensation is determined by the nominations and governance committee and approved by the board of directors. The nominations and governance committee reviews salaries and benefits for executives with comparable organizations when determining salary annually.

Form 990, Part VI, Section C, Line 19

These documents are available upon request.

Filing and Contact Details

Filer

Filer Name
True Ground Housing Partners Inc
EIN
54-1515133
Phone
7032767444
Address
4318 N CARLIN SPRINGS ROAD, ARLINGTON, VA 22203

Signing Officer

Name
Kenneth Burton
Title
Assistant Treasurer / CFO
Phone
7032767444
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth Burton
Formed
1989
Legal Domicile
Va
Voting Board Members
23
Independent Board Members
22
Employees
65
Volunteers
173

Preparer

Firm
Cohnreznick Advisory LLC
Address
500 EAST PRATT STREET 4TH FLOOR, BALTIMORE, MD 21202
Preparer
Lori Rothe Yokobosky
Phone
4107834900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Gilliam retail llc distribution -150,000. Barkalow llc distribution -166,284. Eliminate investment income from barkalow, llc apah sponsor loan -14,228,913.

Election Under Internal Revenue Code Section 168(H)(6)(F)(II)

Not to be treated as a tax-exempt entity name: avonlea nine development llc ein: 92-1682457 avonlea nine development llc, located at 4318 n. Carlin springs road, arlington, va 22203, hereby elects under internal revenue code section 168(h)(6)(f)(ii) not to be treated as a tax-exempt entity for purposes of applying the rules found in i.r.c. Section 168(h)(6). This election is available to be made by an entity that is not tax-exempt, but which is controlled 50% or more by a tax-exempt entity. Avonlea nine development llc qualifies to make such an election, as it is owned 100% by true ground housing partners, inc. (ein: 54-1515133) (a tax-exempt entity). The purpose of this election is to treat the entities allocable share of depreciable property owned by avonlea nine limited partnership (ein: 92-1706500), which is owned 0.01% by avonlea nine development llc (ein: 92-1682457), as property which is not tax exempt use property.

Election Under Internal Revenue Code Section 168(H)(6)(F)(II)

Not to be treated as a tax-exempt entity name: avonlea four development llc ein: 92-1730822 avonlea four development llc, located at 4318 n. Carlin springs road, arlington, va 22203, hereby elects under internal revenue code section 168(h)(6)(f)(ii) not to be treated as a tax-exempt entity for purposes of applying the rules found in i.r.c. Section 168(h)(6). This election is available to be made by an entity that is not tax-exempt, but which is controlled 50% or more by a tax-exempt entity. Avonlea four development llc qualifies to make such an owned 100% by true election, as it is ground housing partners, inc. (ein:54-1515133) (a tax-exempt entity). The purpose of this election is to treat the entities allocable share of depreciable property owned by avonlea four limited partnership (ein: 92-1808136), which is owned 0.01% by avonlea four development llc (ein: 92-1730822), as property which is not tax exempt use property.

Financial Statement Notes

PART X, LINE 2:

Tgh and its subsidiaries, cameron commons development corporation, carlyn springs/foxcroft terrace development corporation, fisher house development corporation, queen's court development corporation, and rosslyn ridge development corporation have applied for and received a determination letter from the internal revenue service ("irs") to be treated as a taxexempt entity pursuant to section 501(c)(3) of the internal revenue code. Due to their tax-exempt status, tgh and its subsidiaries are not subject to income taxes, except for taxes on unrelated business income. Tgh did not have unrelated business income for the year ended december 31, 2024. Tgh and its subsidiaries are required to file and do file tax returns with the irs and other taxing authorities. Accordingly, these consolidated financial statements do not reflect a provision for income taxes for tgh and its exempt subsidiaries and they have no other tax positions which must be considered for disclosure. Each of the organizations except apah acquisitions, llc, apah avonlea phase i llc, apah avonlea phase ii llc, apah commercial llc, apah crystal house development llc, apah fort totten commercial llc, apah oakwood llc, apah snowden, llc, apah sterling 4 llc, apah tysons community center development llc, apah tysons north four development llc, apah tysons route 7 development llc, apah tysons south four development llc, apah westover llc, avonlea four development llc, avonlea nine development llc, avv apartments, llc, the barkalow llc, buchanan gardens ii, llc, ch3 north four development llc, crystal house six development llc, falkland north llc, gilliam place, llc, gilliam retail llc, marbella development llc, oakwood north four development llc, and oakwood south nine development llc, file separate tax returns. The following entities are single member limited liability companies, which are not recognized for federal income tax purposes: apahacquisitions, llc, apah avonlea phase i llc, apah avonlea phase ii llc, apah commercial llc, apah crystal house development llc, apah fort totten commercial llc, apah oakwood llc, apah snowden, llc, apah sterling 4 llc, apah tysons community center development llc, apah tysons north four development llc, apah tysons route 7 development llc, apah tysons south four development llc, apah westover llc, avonlea four development llc, avonlea nine development llc, avv apartments, llc, the barkalow llc, buchanan gardens ii, llc, ch3 north four development llc, crystal house six development llc, falkland north llc, gilliam place, llc, gilliam retail llc, marbella development llc, oakwood north four development llc, and oakwood south nine development llc. Apah acquisitions, llc, apah avonlea phase i llc, apah avonlea phase ii llc, apah commercial llc, apah crystal house development llc, apah fort totten commercial llc, apah oakwood llc, apah snowden llc, apah sterling 4 llc, apah tysons community center development llc, apah tysons north four development llc, tgh tysons route 7 development llc, apah tysons south nine development llc, tgh westover llc, avonlea four development llc, avonlea nine development llc, the barkalow llc, buchanan gardens ii, llc, ch3 north four development llc, crystal house six development llc, falkland north llc, gilliam place llc, gilliam retail llc, oakwood north four development llc, and oakwood south nine development llc's activities are reported on tgh's income tax return. Arna marbella gp development corporation, avv apartments llc, marbella development llc's activities are reported on rosslyn ridge development corporation's tax return. Columbia grove, inc. Is a corporation and accounts for income taxes using the asset and liability approach, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying and tax basis of assets and liabilities. A valuation allowance is recorded if, based upon the evidence available, it is

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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR / DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT / DIRECTOR / CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6OUTGOING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER / DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9OUTGOING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10OUTGOING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14OUTGOING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20OUTGOING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21SECRETARY / DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22CHAIR / DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28ASSISTANT SECRETARY / VICE PRESIDENT OF TALENT & C
IRS990/Form990PartVIISectionAGrp/TitleTxt29ASSISTANT TREASURER / CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt30VICE PRESIDENT / SENIOR VICE PRESIDENT OF REAL EST
IRS990/Form990PartVIISectionAGrp/TitleTxt31VICE PRESIDENT OF PHILANTHROPY & COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR OF REAL ESTATE DE
IRS990/Form990PartVIISectionAGrp/TitleTxt33DIRECTOR OF REAL ESTATE DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt34DIRECTOR OF ASSET MANAGEME
IRS990/Form990PartVIISectionAGrp/TitleTxt35VICE PRESIDENT OF RESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt36DIRECTOR OF REAL ESTATE DE
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