2023-08-24T10:40:42-05:00 2022-12-31 471767422 TOOLE KATZ & ROEMERSMA LLP 1911 N FORT MYER DRIVE SUITE 600 ARLINGTON VA 22209 990 2022-01-01 831866109 THE WASHINGTON HOUSING CONSERVANCY INC WASH 2024813258 1310 L STREET NW NO 325 WASHINGTON DC 20005 KIMBERLY DRIGGINS EXECUTIVE DIRECTOR 2024813258 2023-08-24 1 KIMBERLY DRIGGINS 999009999 1 ASHLEY GATES P01307540 7032489200 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KIMBERLY DRIGGINS 1310 L STREET NW NO 325 WASHINGTON DC 20005 23718775 0 X HTTPS://WASHINGTONHOUSINGCONSERVANCY.ORG/ X 2018 DC THE WASHINGTON HOUSING CONSERVANCY IS PRESERVING AFFORDABLE WORKFORCE HOUSING AND SERVING AS STEWARDS FOR LONG-TERM AFFORDABILITY IN THE WASHINGTON AREA. 14 14 0 13 0 0 2771647 887639 19190841 22811468 11309 19668 0 0 21973797 23718775 0 0 0 0 476634 720332 0 0 293440 29637759 32575498 30114393 33295830 -8140596 -9577055 420260184 482994680 417853488 490165039 2406696 -7170359 THE WASHINGTON HOUSING CONSERVANCY IS PRESERVING AFFORDABLE WORKFORCEHOUSING AND SERVING AS STEWARDS FOR LONG-TERM AFFORDABILITY IN THEWASHINGTON AREA. 0 0 1428735 PROGRAM SERVICES: ESTABLISH PROGRAMS AND SERVICES TO ENSURE ADHERENCE WITH AFFORDABILITY COVENANTS AND TO PRESERVE HOMES THAT ARE AFFORDABLE FOR RESIDENTS. IN ADDITION, WHC ASSESSES COMMUNITY NEEDS AND BUILDS PARTNERSHIPS WITH SERVICE PROVIDERS. WHC IS CREATING INCLUSIVE AND DIVERSE MIXED-INCOME COMMUNITIES FOR INDIVIDUALS AND FAMILIES. 31005297 22817090 RENTAL OPERATING: ACQUIRING AND OWNING UNITS OF AFFORDABLE HOUSING TO ACHIEVE THE GOAL OF STABILIZING RENTS, PREVENTING DISPLACEMENT, AND CREATING COMMUNITIES WHERE MODERATE TO LOW-INCOME RESIDENTS AND THEIR FAMILIES WANT TO BE. 32434032 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE WASHINGTON HOUSING CONSERVANCY 2024813258 1310 L STREET NW NO 325 WASHINGTON DC 20005 X DAVID ROODBERG CHAIR 8.00 X X 0 0 0 JOSHUA BERNSTEIN TREASURER 6.00 X X 0 0 0 DEBORAH RATNER SALZBERG VICE-CHAIR 4.00 X X 0 0 0 CHARLENE DREW JARVIS DIRECTOR 1.00 X 0 0 0 CARY HATCH DIRECTOR 1.00 X 0 0 0 CAROL THOMPSON COLE DIRECTOR 4.00 X 0 0 0 ROB STEWART DIRECTOR 1.00 X 0 0 0 JOHN GARDNER DIRECTOR 6.00 X 0 0 0 TAMARA COPELAND DIRECTOR 1.00 X 0 0 0 KEVIN CLINTON DIRECTOR 6.00 X 0 0 0 MARIA GOMEZ DIRECTOR 2.00 X 0 0 0 DAVID MARTIN DIRECTOR 4.00 X 0 0 0 ESHAUNA SMITH DIRECTOR 1.00 X 0 0 0 KIMBERLY DRIGGINS SECRETARY 10.00 X 0 0 0 0 0 0 0 0 0 0 FEDERAL CITY COUNCIL 1310 L ST NW WASHINGTON DC 20005 OFFICE RENT AND SUPPORT SERVICES 680768 CASE WESTERN RESERVE UNIVERSITY 10900 EUCLID AVE CLEVELAND OH 44106 CONTRACT CONSULTATION SERVICE 555010 BERKADIA COMMERCIAL MORTGAGE 4445 WILLARD AVE 1200 CHEVY CHASE MD 20815 214200 JBGSTRS LLC 4747 BETHESDA AVE STE 200 BETHESDA MD 20814 116520 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 ACCOUNTING SERVICES 112767 5 887639 887639 RENTAL REVENUE 531110 22811468 22811468 22811468 19668 19668 23718775 22811468 0 19668 615842 252495 160119 203228 26934 11043 7003 8888 39532 16208 10278 13046 38024 15590 9886 12548 142306 142306 215646 171986 19240 24420 10365 4250 2695 3420 5027 2061 1307 1659 36000 14760 9360 11880 311858 311858 421 173 109 139 65558 65558 RENTAL EXPENSES 31005297 31005297 OPERATING AND MAINTENAN 653720 628311 11197 14212 STRATEGIC SUPPORT 129300 129300 33295830 32434032 568358 293440 19139832 18453859 2602617 1392084 239704 333412 52353 95238 479486352 18219213 395690219 461267139 1979273 1283975 1578 5525 554608 163448 420260184 482994680 1567839 2350837 75474 56266 375204277 446504637 41005898 41253299 417853488 490165039 X 2406696 -7170359 2406696 -7170359 420260184 482994680 -9577055 0 X X 0 1 X 1 0 X 3603917 9113975 2721647 887639 16327178 48786 19190841 19239627 1807 11309 19990 33106 3603917 9164568 21923797 907629 35599911 0 0 0 35599911 3603917 9164568 21923797 907629 35599911 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 135938100 135938100 340394953 17561538 322833415 0 3153299 657675 2495624 0 461267139 PURCHASE OPTION LIABILITY 40000000 TENANT SECURITY DEPOSITS 723476 PREPAID RENT 529823 41253299 23718775 0 23718775 0 23718775 33295830 0 33295830 0 33295830 X NON INTEREST BEARING LOAN DISCOUNT 1 1372846 FMV 0 0 0 PART I, COLUMN (B): ONE LARGE MULTI-YEAR CONTRIBUTION FORM 990, PART VI, SECTION A, LINE 2 1.) KEVIN CLINTON IS EMPLOYED BY FEDERAL CITY COUNCIL AND IS A MEMBER OF THE BOARD OF DIRECTORS. 2.) WASHINGTON HOUSING CONSERVANCY, INC. PAYS OFFICE RENT AND MANAGEMENT SERVICES EXPENSES TO FEDERAL CITY COUNCIL. RENT EXPENSE - $36,000; MANAGEMENT SERVICES EXPENSES $45,000. FORM 990, PART VI, SECTION A, LINE 3 WASHINGTON HOUSING CONSERVANCY, INC. (WHC) DELEGATED MANAGEMENT CONTROLS TO FEDERAL CITY COUNCIL (FCC). FCC EMPLOYED THE EXECUTIVE DIRECTOR DURING 2022. COMPENSATION CAME FROM FCC AND WHC REIMBURSED FCC FOR THOSE EXPENSES. THE EXECUTIVE DIRECTOR DURING 2022, KIMBERLY DRIGGINS, WAS COMPENSATED A BASE SALARY OF $306,461. FORM 990, PART VI, SECTION B, LINE 11B THE ANNUAL 990 RETURN IS PREPARED BY THE ORGANIZATIONS AUDITORS WITH THE HELP OF THE DIRECTOR OF FINANCE. AFTER REVIEW BY THE EXECUTIVE DIRECTOR, TREASURER AND BOARD CHAIR, IT IS DISTRIBUTED TO THE FULL BOARD WHICH HAS AT LEAST FIVE BUSINESS DAYS TO REVIEW IT AND PROVIDE COMMENTS. AFTER APPROVAL BY THE FULL BOARD OF DIRECTORS, IT IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY AND CODE OF ETHICS IS TO BE ACKNOWLEDGED ANNUALLY BY ALL DIRECTORS, OFFICERS AND SENIOR STAFF OF WHC AND EACH OF ITS SUPPORTING CORPORATIONS. IF AN INDIVIDUAL HAS A CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST IN CONNECTION WITH ANY TRANSACTION OR MATTER PERTAINING TO WHC OR ANY OF ITS SUPPORTING CORPORATIONS, HE OR SHE MUST IMMEDIATELY NOTIFY THE EXECUTIVE DIRECTOR OF WHC OR SOME OTHER APPROPRIATE WHC REPRESENTATIVE, AND DISCLOSE ALL THE MATERIAL FACTS CONCERNING THE ACTUAL OR POTENTIAL CONFLICT OF INTEREST AND HIS OR HER RELATIONSHIP TO THE TRANSACTION OR MATTER AT ISSUE. IF THE CONFLICT OF INTEREST ARISES IN CONNECTION WITH THE ACTIVITIES OF ANY DELIBERATIVE BODY (E.G., THE BOARD OF DIRECTORS OR ANY COMMITTEE), THE CONFLICT MUST BE DISCLOSED TO OTHER MEMBERS OF THE BODY AND THE INDIVIDUAL MAY NOT PARTICIPATE IN THE CONSIDERATION OF THE TRANSACTION OR MATTER AT ISSUE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD HAS ESTABLISHED AN AUDIT COMMITTEE TO REVIEW BUDGETS AND DRAFT AUDITS, AND MAKE RECOMMENDATIONS TO THE BOARD OR ITS EXECUTIVE COMMITTEE. WHC - CRYSTAL LLC 1310 L STREET NW SUITE 325 WASHINGTON DC 20005 831866109 ACQUIRE, OPERATE, AND MAINTAIN LAND DC WASHINGTON HOUSING CONSERVANCY INC WHC - HUNTWOOD COURTS APARTMENTS 1310 L STREET NW SUITE 325 WASHINGTON DC 20005 ACQUIRE, OPERATE, AND MAINTAIN LAND DC WASHINGTON HOUSING CONSERVANCY INC WHC - LOREE GRAND 1310 L STREET NW SUITE 325 WASHINGTON DC 20005 ACQUIRE, OPERATE, AND MAINTAIN LAND DC WASHINGTON HOUSING CONSERVANCY INC HAMILTON MANOR MEZZANINE PARTNERS LLC 4747 BETHESDA AVENUE SUITE 200 BETHESDA MD 20184 863268961 RENTAL REAL ESTATE MD RENTAL -546328 835081 0 1 EARLE MANOR MEZZANINE PARTNERS LLC 4747 BETHESDA AVENUE SUITE 200 BETHESDA MD 20184 872976974 RENTAL REAL ESTATE MD RENTAL -320065 448894 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0