Civic Intelligence

Petersburg Housing Corporation

EIN 54-1636146 • 501(c)3 • Petersburg, VA

Profile

Assist in obtaining housing for economically disadvantaged families

PO Box 311Petersburg, VA 23803

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

47th percentile

0.01x

Higher debt load relative to revenue than 47% of similar nonprofits.

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

Net Margin

99th percentile

99%

Higher net margin than 99% 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

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $2,595 (-100%) from 2023

Liabilities

Down

$6,680

Down $691,270 (-99%) from 2023

Net Assets

Up

-$6,680

Up $688,675 (+99%) from 2023

Operations
Liabilities / Revenue47th percentileNet Margin99th percentile

Revenue

Up

$694,773

Up $694,773 from 2023

Expenses

Down

$6,098

Down $32,888 (-84%) from 2023

Net Income

Up

$688,675

Up $727,661 (+1866%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth2nd percentile

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

$1.0M$500K$0-$500K-$1.0MAssets 2011: $51,196Liabilities 2011: $633,5872011Assets 2012: $50,579Liabilities 2012: $635,4902012Assets 2013: $38,187Liabilities 2013: $637,5992013Assets 2014: $33,894Liabilities 2014: $639,945Net Assets 2014: -$606,0512014Assets 2015: $32,659Liabilities 2015: $662,678Net Assets 2015: -$630,0192015Assets 2016: $32,521Liabilities 2016: $665,761Net Assets 2016: -$633,2402016Assets 2017: $32,468Liabilities 2017: $669,445Net Assets 2017: -$636,9772017Assets 2018: $32,713Liabilities 2018: $675,562Net Assets 2018: -$642,8492018Assets 2019: $35,316Liabilities 2019: $681,357Net Assets 2019: -$646,0412019Assets 2020: $32,468Liabilities 2020: $679,709Net Assets 2020: -$647,2412020Assets 2021: $32,468Liabilities 2021: $685,333Net Assets 2021: -$652,8652021Assets 2022: $32,468Liabilities 2022: $688,837Net Assets 2022: -$656,3692022Assets 2023: $2,595Liabilities 2023: $697,950Net Assets 2023: -$695,3552023Assets 2024: $0Liabilities 2024: $6,680Net Assets 2024: -$6,6802024

Highlighted filing

2024

Assets$0
Liabilities$6,680
Net Assets-$6,680
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $0Expenses 2011: $9,328Net Income 2011: -$9,3282011Revenue 2012: $0Expenses 2012: $2,520Net Income 2012: -$2,5202012Revenue 2013: $325Expenses 2013: $2,568Net Income 2013: -$2,2432013Revenue 2014: $50Expenses 2014: $6,689Net Income 2014: -$6,6392014Revenue 2015: $0Expenses 2015: $6,044Net Income 2015: -$6,0442015Revenue 2016: $0Expenses 2016: $3,221Net Income 2016: -$3,2212016Revenue 2017: $2Expenses 2017: $3,739Net Income 2017: -$3,7372017Revenue 2018: $0Expenses 2018: $5,872Net Income 2018: -$5,8722018Revenue 2019: $0Expenses 2019: $3,192Net Income 2019: -$3,1922019Revenue 2020: $0Expenses 2020: $1,200Net Income 2020: -$1,2002020Revenue 2021: $0Expenses 2021: $5,624Net Income 2021: -$5,6242021Revenue 2022: $0Expenses 2022: $3,504Net Income 2022: -$3,5042022Revenue 2023: $0Expenses 2023: $38,986Net Income 2023: -$38,9862023Revenue 2024: $694,773Expenses 2024: $6,098Net Income 2024: $688,6752024

Highlighted filing

2024

Revenue$694,773
Expenses$6,098
Net Income$688,675
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$0
Liabilities
$6,680
Net assets
-$6,680
Revenue
$694,773
Expenses
$6,098
Net income
$688,675
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.07$0.07$6.95$0.06$6.89
2023Detailed filing. Detailed filing data is available for this year.$0.03$6.98$6.95$0.00$0.39$0.39
2022Detailed filing. Detailed filing data is available for this year.$0.32$6.89$6.56$0.00$0.04$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.32$6.85$6.53$0.00$0.06$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.32$6.80$6.47$0.00$0.01$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.35$6.81$6.46$0.00$0.03$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.33$6.76$6.43$0.00$0.06$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.32$6.69$6.37$0.00$0.04$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.33$6.66$6.33$0.00$0.03$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.33$6.63$6.30$0.00$0.06$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.34$6.40$6.06$0.00$0.07$0.07
2013Summary only. Only limited summary data is available for this year.$0.38$6.38$0.00$0.03$0.02
2012Summary only. Only limited summary data is available for this year.$0.51$6.35$0.00$0.03$0.03
2011Summary only. Only limited summary data is available for this year.$0.51$6.34$0.00$0.09$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$694,773
Mission and Program Overview

Mission

Assist in obtaining housing for economically disadvantaged families

Assist with securing housing for low and moderate income individuals and families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,595$0▼ $2,595
Total Assets$2,595$0▼ $2,595
Liabilities
Other Liabilities$434,945$0▼ $434,945
Unsecured Notes Loans Payable$254,379--
Accounts Payable and Accrued Expenses$8,626$6,680▼ $1,946
Total Liabilities$697,950$6,680▼ $691,270
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-695,355$-6,680▲ $688,675
Total Net Assets Fund Balance$-695,355$-6,680▲ $688,675
Total Liabilities and Net Assets / Fund Balance$2,595$0▼ $2,595
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Robert S JonesPresident
Carole MatthewsDirector
LAWERENCE McLAUGHLINDirector
Moses LongDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$694,773
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$688,675
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,098
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$5,448$0$0$5,448
Fees for Services Accounting$650$0$0$650
Total Functional Expenses$6,098$0$0$6,098
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
Payable to Related Party$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Petersburg Housing Corporation
EIN
54-1636146
Phone
8047484649
Address
PO BOX 311, PETERSBURG, VA 23803

Signing Officer

Name
Latysha Carpenter
Title
Executive Director
Phone
8047484649
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Latysha Carpenter
Formed
2002
Legal Domicile
Va
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Dooley & Vicars Certified Public
Address
1100 BOULDERS PARKWAY, NORTH CHESTERFIELD, VA 23225
Preparer
Thomas E Turner CPA
Phone
8043552808
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“THERE ARE NO EMPLOYEES”

Raw XML Appendix269 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.

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ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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