Civic Intelligence

Hampton Roads Development Corporation

EIN 54-1549785 • 501(c)3 • Chesapeake, VA

Profile

To provide affordable low income housing to residents of the Hampton Roads area.

PO Box 16426Chesapeake, VA 23328-6426

n/A

Siviq Scores

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

Liabilities / Assets

74th percentile

0.31x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

2.35x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

6th percentile

-54%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

70th percentile

$108,000

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 56.9% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

14th percentile

-12%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

80th percentile

41%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$1,459,581

Down $205,122 (-12%) from 2023

Liabilities

Down

$445,729

Down $618 (-0.1%) from 2023

Net Assets

Down

$1,013,852

Down $204,504 (-17%) from 2023

Operations
Liabilities / Revenue94th percentileNet Margin6th percentile

Revenue

Up

$189,965

Up $55,704 (+41%) from 2023

Expenses

Up

$291,784

Up $27,135 (+10%) from 2023

Net Income

Up

-$101,819

Up $28,569 (+22%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $488,624Liabilities 2010: $1,274,3042010Assets 2011: $3,097,788Liabilities 2011: $35,820Net Assets 2011: $3,061,9682011Assets 2012: $3,074,166Liabilities 2012: $189,690Net Assets 2012: $2,884,4762012Assets 2013: $2,966,691Liabilities 2013: $170,052Net Assets 2013: $2,796,6392013Assets 2014: $3,170,605Liabilities 2014: $557,901Net Assets 2014: $2,612,7042014Assets 2015: $2,897,803Liabilities 2015: $517,684Net Assets 2015: $2,380,1192015Assets 2016: $2,684,862Liabilities 2016: $515,759Net Assets 2016: $2,169,1032016Assets 2017: $2,507,963Liabilities 2017: $448,000Net Assets 2017: $2,059,9632017Assets 2018: $2,350,194Liabilities 2018: $424,468Net Assets 2018: $1,925,7262018Assets 2019: $2,185,703Liabilities 2019: $421,543Net Assets 2019: $1,764,1602019Assets 2020: $2,058,026Liabilities 2020: $411,835Net Assets 2020: $1,646,1912020Assets 2021: $1,879,940Liabilities 2021: $400,830Net Assets 2021: $1,479,1102021Assets 2022: $1,688,970Liabilities 2022: $414,019Net Assets 2022: $1,274,9512022Assets 2023: $1,664,703Liabilities 2023: $446,347Net Assets 2023: $1,218,3562023Assets 2024: $1,459,581Liabilities 2024: $445,729Net Assets 2024: $1,013,8522024

Highlighted filing

2024

Assets$1,459,581
Liabilities$445,729
Net Assets$1,013,852
Open 2024 Filing

Operations Trend

Revenue Growth80th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $43,042Expenses 2010: $216,860Net Income 2010: -$173,8182010Revenue 2011: $4,221,767Expenses 2011: $374,119Net Income 2011: $3,847,6482011Revenue 2012: $121,727Expenses 2012: $299,219Net Income 2012: -$177,4922012Revenue 2013: $494,354Expenses 2013: $582,191Net Income 2013: -$87,8372013Revenue 2014: $576,751Expenses 2014: $760,686Net Income 2014: -$183,9352014Revenue 2015: $105,166Expenses 2015: $337,751Net Income 2015: -$232,5852015Revenue 2016: $116,757Expenses 2016: $327,773Net Income 2016: -$211,0162016Revenue 2017: $208,283Expenses 2017: $317,423Net Income 2017: -$109,1402017Revenue 2018: $167,776Expenses 2018: $302,013Net Income 2018: -$134,2372018Revenue 2019: $151,791Expenses 2019: $313,357Net Income 2019: -$161,5662019Revenue 2020: $197,616Expenses 2020: $315,585Net Income 2020: -$117,9692020Revenue 2021: $153,577Expenses 2021: $320,658Net Income 2021: -$167,0812021Revenue 2022: $110,120Expenses 2022: $314,279Net Income 2022: -$204,1592022Revenue 2023: $134,261Expenses 2023: $264,649Net Income 2023: -$130,3882023Revenue 2024: $189,965Expenses 2024: $291,784Net Income 2024: -$101,8192024

Highlighted filing

2024

Revenue$189,965
Expenses$291,784
Net Income-$101,819
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,459,581
Liabilities
$445,729
Net assets
$1,013,852
Revenue
$189,965
Expenses
$291,784
Net income
-$101,819
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.46$0.45$1.01$0.19$0.29$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.66$0.45$1.22$0.13$0.26$0.13
2022Detailed filing. Detailed filing data is available for this year.$1.69$0.41$1.27$0.11$0.31$0.20
2021Detailed filing. Detailed filing data is available for this year.$1.88$0.40$1.48$0.15$0.32$0.17
2020Detailed filing. Detailed filing data is available for this year.$2.06$0.41$1.65$0.20$0.32$0.12
2019Detailed filing. Detailed filing data is available for this year.$2.19$0.42$1.76$0.15$0.31$0.16
2018Detailed filing. Detailed filing data is available for this year.$2.35$0.42$1.93$0.17$0.30$0.13
2017Detailed filing. Detailed filing data is available for this year.$2.51$0.45$2.06$0.21$0.32$0.11
2016Detailed filing. Detailed filing data is available for this year.$2.68$0.52$2.17$0.12$0.33$0.21
2015Detailed filing. Detailed filing data is available for this year.$2.90$0.52$2.38$0.11$0.34$0.23
2014Detailed filing. Detailed filing data is available for this year.$3.17$0.56$2.61$0.58$0.76$0.18
2013Detailed filing. Detailed filing data is available for this year.$2.97$0.17$2.80$0.49$0.58$0.09
2012Summary only. Only limited summary data is available for this year.$3.07$0.19$2.88$0.12$0.30$0.18
2011Summary only. Only limited summary data is available for this year.$3.10$0.04$3.06$4.22$0.37$3.85
2010Summary only. Only limited summary data is available for this year.$0.49$1.27$0.04$0.22$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 6, 2025
Return Version
2024v5.2
Gross Receipts
$369,952
Mission and Program Overview

Mission

To provide affordable low income

To provide affordable low income housing to residents of the Hampton Roads area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$857,308$817,441▼ $39,867
Investments in Publicly Traded Securities$787,967$624,849▼ $163,118
Cash and Non-Interest-Bearing Accounts$15,795$17,291▲ $1,496
Prepaid Expenses and Deferred Charges$3,633$0▼ $3,633
Total Assets$1,664,703$1,459,581▼ $205,122
Liabilities
Mortgage Notes Payable Secured by Investment Property$439,857$431,559▼ $8,298
Accounts Payable and Accrued Expenses$6,490$14,170▲ $7,680
Total Liabilities$446,347$445,729▼ $618
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,218,356$1,013,852▼ $204,504
Total Net Assets Fund Balance$1,218,356$1,013,852▼ $204,504
Total Liabilities and Net Assets / Fund Balance$1,664,703$1,459,581▼ $205,122

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$514,924$420,334$401,800
Equipment$4,047$137,401$141,448
Land$298,470-$100,266
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseTotal
H Scott HardisonManaging DirectorFT$108,000$108,000

Board Members and Trustees

NameTitle
Matthew HardisonPresident
James ResoluteVice President
Scott GravesSec/Treas.
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$68,069
Investment Income
$99,312
Other Revenue
$22,584
Change in Net Assets
$-101,819
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$175,522
Salaries, Compensation, and Employee Benefits$116,262
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$75,600$32,400$0$108,000
All Other Expenses$32,970$36,966$0$69,936
Depreciation Depletion$31,773$8,095$0$39,868
Interest$20,753$0$0$20,753
Insurance$9,081$3,264$0$12,345
Payroll Taxes$5,782$2,480$0$8,262
Office Expenses$0$3,857$0$3,857
Other Expenses$0$2,580$0$2,580
Fees for Services Accounting$0$1,650$0$1,650
Conferences and Meetings$1,014$0$0$1,014
Travel$875$0$0$875
Advertising$0$77$0$77
Fees for Service Investment Mgmnt Fees$0$75$0$75
Total Functional Expenses$196,734$95,050$0$291,784
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Hampton Roads Development Corporation
EIN
54-1549785
Phone
7575492000
Address
PO Box 16426, Chesapeake, VA 23328-6426

Signing Officer

Name
H Scott Hardison
Title
Managing Director
Phone
7575492000
Signed
2025-10-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Hardison
Formed
1988
Legal Domicile
Va
Voting Board Members
4
Independent Board Members
3
Employees
1
Volunteers
0

Preparer

Firm
Yeager & Company CPAs PLLC
Address
445 Battlefield Blvd N, Chesapeake, VA 23320
Preparer
Timothy J Yeager CPA
Phone
7574364708
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

“President, Matthew Hardison is the son of the Managing”

Pt VI, Line 2

“Director H. Scott Hardison.”

Pt VI, Line 7A

“Current board members would select any new or replacement”

Pt VI, Line 7A

“board members”

Pt VI, Line 11B

“A copy of the 990 is available to all board members”

Pt VI, Line 12C

“Conflict of interest policy compliance is monitored and”

Pt VI, Line 12C

“enforced by making sure all directors, officers and management”

Pt VI, Line 12C

“employees are aware of the policy, aware of areas in which”

Pt VI, Line 12C

“conflict may arise and understand the nature of conflicting”

Pt VI, Line 12C

“interest. Directors, officers and management employees are”

Pt VI, Line 12C

“required to submit a Conflict of Interest Disclosure Statements.”

Form 990, Part IX, Line 24E

“Telephone expense 1672. 0. 1672. 0.”

Form 990, Part IX, Line 24E

“Charitable contributions 26750. 0. 26750. 0.”

Form 990, Part IX, Line 24E

“Dues & Subcriptions 5590. 0. 5590. 0.”

Form 990, Part IX, Line 24E

“Property Mgmt exp for rentals 50261. 50261. 0. 0.”

Form 990, Part IX, Line 24E

“Utilities for rentals 4665. 4485. 180. 0.”

Form 990, Part IX, Line 24E

“Repairs and maintenance rentals 3868. 3868. 0. 0.”

Form 990, Part IX, Line 24E

“Meals and entertainment expense 399. 0. 399. 0.”

Form 990, Part IX, Line 24E

“Less Depreciation on rental -17708. -17708. 0. 0.”

Form 990, Part IX, Line 24E

“Bank fees 126. 116. 10. 0.”

Form 990, Part IX, Line 24E

“Postage & Printing 695. 0. 695. 0.”

Form 990, Part IX, Line 24E

“Insurance Proceeds -8196. -8196. 0. 0.”

Form 990, Part IX, Line 24E

“Taxes & Licenses - Other 1814. 144. 1670. 0.”

Financial Statement Notes

Pt IV, Line 2B

“This amount represents security deposits held on rental properties.”

Raw XML AppendixShowing 400 of 445 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06490
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014170
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To provide affordable low income housing to residents of the Hampton Roads area.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt077
IRS990/AdvertisingGrp/ProgramServicesAmt00
IRS990/AdvertisingGrp/TotalAmt077
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt036966
IRS990/AllOtherExpensesGrp/ProgramServicesAmt032970
IRS990/AllOtherExpensesGrp/TotalAmt069936
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0H Scott Hardison
IRS990/BooksInCareOfDetail/PhoneNum07577243270
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 2960
IRS990/BooksInCareOfDetail/USAddress/CityNm0Chesapeake
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd023327
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt015795
IRS990/CashNonInterestBearingGrp/EOYAmt017291
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt032400
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt075600
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0108000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01014
IRS990/ConferencesMeetingsGrp/TotalAmt01014
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt099312
IRS990/CYOtherExpensesAmt0175522
IRS990/CYOtherRevenueAmt022584
IRS990/CYProgramServiceRevenueAmt068069
IRS990/CYRevenuesLessExpensesAmt0-101819
IRS990/CYSalariesCompEmpBnftPaidAmt0116262
IRS990/CYTotalExpensesAmt0291784
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0189965
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt08095
IRS990/DepreciationDepletionGrp/ProgramServicesAmt031773
IRS990/DepreciationDepletionGrp/TotalAmt039868
IRS990/Desc0Provide affordable low income housing
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0196734
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01650
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt01650
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt075
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt075
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0Matthew Hardison
IRS990/Form990PartVIISectionAGrp/PersonNm1Scott Graves
IRS990/Form990PartVIISectionAGrp/PersonNm2James Resolute
IRS990/Form990PartVIISectionAGrp/PersonNm3H Scott Hardison
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3108000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Sec/Treas.
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Managing Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt060884
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0160075
IRS990/GrossReceiptsAmt0369952
IRS990/GrossRentsGrp/RealAmt090816
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt03264
IRS990/InsuranceGrp/ProgramServicesAmt09081
IRS990/InsuranceGrp/TotalAmt012345
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt020753
IRS990/InterestGrp/TotalAmt020753
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt038428
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0787967
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0624849
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0557735
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0857308
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0817441
IRS990/LandBldgEquipCostOrOtherBssAmt01375176
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt099191
IRS990/LessRentalExpensesGrp/RealAmt080796
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt012564
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt012564
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0To provide affordable low income housing to residents of the Hampton Roads area.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0439857
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0431559
IRS990/NetAssetsOrFundBalancesBOYAmt01218356
IRS990/NetAssetsOrFundBalancesEOYAmt01013852
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt060884
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt060884
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt010020
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt010020
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-68127
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01218356
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01013852
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03857
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt03857
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0Equipment storage & rental
IRS990/OtherExpensesGrp/Desc1Auto expense
IRS990/OtherExpensesGrp/Desc2Property taxes
IRS990/OtherExpensesGrp/Desc3MLS fees
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11442
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22164
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32580
IRS990/OtherExpensesGrp/ProgramServicesAmt03568
IRS990/OtherExpensesGrp/ProgramServicesAmt15769
IRS990/OtherExpensesGrp/ProgramServicesAmt29549
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt03568
IRS990/OtherExpensesGrp/TotalAmt17211
IRS990/OtherExpensesGrp/TotalAmt211713
IRS990/OtherExpensesGrp/TotalAmt32580
IRS990/OtherRevenueTotalAmt012564
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02480
IRS990/PayrollTaxesGrp/ProgramServicesAmt05782
IRS990/PayrollTaxesGrp/TotalAmt08262
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03633
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Matthew Hardison
IRS990/PriorPeriodAdjustmentsAmt0-34558
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt030498
IRS990/PYOtherExpensesAmt0148389
IRS990/PYOtherRevenueAmt027939
IRS990/PYProgramServiceRevenueAmt075824
IRS990/PYRevenuesLessExpensesAmt0-130388
IRS990/PYSalariesCompEmpBnftPaidAmt0116260
IRS990/PYTotalExpensesAmt0264649
IRS990/PYTotalRevenueAmt0134261
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-101819
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt010020
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt068069
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt035091
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt079283
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt039530
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0153904
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt064415
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt060538
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt064693
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0189646
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0110120
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt095602
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0324238
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0529960
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt035091
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt079283
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt039530
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0153904
IRS990ScheduleA/InvestmentIncomeCYPct00.17620
IRS990ScheduleA/InvestmentIncomePYPct00.19650
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.82380
IRS990ScheduleA/PublicSupportPY509Pct00.80350
IRS990ScheduleA/PublicSupportTotal509Amt0719606
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0174535
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0156140
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0388931
IRS990ScheduleA/Total509Grp/TotalAmt0719606
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0873510
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0514924
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0420334
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0533458
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0401800
IRS990ScheduleD/EquipmentGrp/BookValueAmt04047
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0137401
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0141448
IRS990ScheduleD/LandGrp/BookValueAmt0298470
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0198204
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100266
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0This amount represents security deposits held on rental properties.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt IV, Line 2b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0817441
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0President, Matthew Hardison is the son of the Managing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Director H. Scott Hardison.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Current board members would select any new or replacement
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3board members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A copy of the 990 is available to all board members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Conflict of interest policy compliance is monitored and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6enforced by making sure all directors, officers and management
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7employees are aware of the policy, aware of areas in which
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8conflict may arise and understand the nature of conflicting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9interest. Directors, officers and management employees are
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10required to submit a Conflict of Interest Disclosure Statements.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Telephone expense 1672. 0. 1672. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Charitable contributions 26750. 0. 26750. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Dues & Subcriptions 5590. 0. 5590. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Property Mgmt exp for rentals 50261. 50261. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Utilities for rentals 4665. 4485. 180. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Repairs and maintenance rentals 3868. 3868. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Meals and entertainment expense 399. 0. 399. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Less Depreciation on rental -17708. -17708. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Bank fees 126. 116. 10. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Postage & Printing 695. 0. 695. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21Insurance Proceeds -8196. -8196. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22Taxes & Licenses - Other 1814. 144. 1670. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01664703
IRS990/TotalAssetsEOYAmt01459581
IRS990/TotalAssetsGrp/BOYAmt01664703
IRS990/TotalAssetsGrp/EOYAmt01459581
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt095050
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0196734
IRS990/TotalFunctionalExpensesGrp/TotalAmt0291784
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0446347
IRS990/TotalLiabilitiesEOYAmt0445729
IRS990/TotalLiabilitiesGrp/BOYAmt0446347
IRS990/TotalLiabilitiesGrp/EOYAmt0445729
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01218356
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01013852
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt068069
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0196734
IRS990/TotalProgramServiceRevenueAmt068069
IRS990/TotalReportableCompFromOrgAmt0108000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0189965
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0189965
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01664703
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01459581
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.