ALEXANDRIA HOUSING DEVELOPMENT CORPORATION: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- ALEXANDRIA HOUSING DEVELOPMENT CORPORATION (EIN 84-1650039)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202203199349308220
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T10:35:49-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 205991824 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SC&H GROUP INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 910 RIDGEBROOK ROAD | AddressLine1Txt |
| City | SPARKS | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21152 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 841650039 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALEXANDRIA HOUSING DEVELOPMENT | BusinessNameLine1Txt |
| Business Name Line2 | CORPORATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ALEX | BusinessNameControlTxt |
| Phone | 7037397775 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 E ABINGDON DRIVE 210 | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22314 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JONATHAN FREDERICK | PersonNm |
| Person Title | PRESIDENT AND CEO | PersonTitleTxt |
| Phone | 7037397775 | PhoneNum |
| Signature | 2022-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JONATHAN | PersonFirstNm |
| Person Last | FREDERICK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TRAVIS DANIEL | PreparerPersonNm |
| PTIN | P01289276 | PTIN |
| Phone | 4104031500 | PhoneNum |
| Preparation | 2022-11-12 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JONATHAN FREDERICK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 E ABINGDON DRIVE 210 | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22314 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $8,689,601 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.HOUSINGALEXANDRIA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2004 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO DEVELOP AND PRESERVE AFFORDABLE HOUSING IN THE CITY OF ALEXANDRIA, VA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 12 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,207,664 | PYContributionsGrantsAmt |
| CY Contributions Grants | $925,594 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,834,196 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $7,763,038 | CYProgramServiceRevenueAmt |
| PY Investment Income | $11,374 | PYInvestmentIncomeAmt |
| CY Investment Income | $969 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $10,053,234 | PYTotalRevenueAmt |
| CY Total Revenue | $8,689,601 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,023 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $530 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,635,789 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,806,512 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $11,454,763 | PYOtherExpensesAmt |
| CY Other Expenses | $11,657,570 | CYOtherExpensesAmt |
| PY Total Expenses | $13,094,575 | PYTotalExpensesAmt |
| CY Total Expenses | $13,464,612 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$3,041,341 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$4,775,011 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $129,845,902 | TotalAssetsBOYAmt |
| Total Assets EOY | $129,711,642 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $119,850,682 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $124,491,325 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $9,995,220 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,220,317 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO DEVELOP AND PRESERVE AFFORDABLE HOUSING IN THE CITY OF ALEXANDRIA, VA. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $11,109,390 | ExpenseAmt |
| Revenue | $7,168,803 | RevenueAmt |
| Desc | THE ORGANIZATION ACQUIRED PARKSTONE ALEXANDRIA APARTMENTS ON JANUARY 28, 2020. THE ORGANIZATION OWNS AND OPERATES THIS 326-UNIT APARTMENT COMPLEX LOCATED IN ALEXANDRIA, VIRGINIA. AHDC IS THE SOLE MEMBER AND DEVELOPER FOR AHDC PC DR, LLC. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,020,271 | ExpenseAmt |
| Grant | $530 | GrantAmt |
| Revenue | $254,693 | RevenueAmt |
| Desc | THE ORGANIZATION EXISTS TO DEVELOP AND PRESERVE AFFORDABLE HOUSING IN THE CITY OF ALEXANDRIA, VA. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $378,145 | ExpenseAmt |
| Revenue | $324,345 | RevenueAmt |
| Desc | THE ORGANIZATION ACQUIRED ELLSWORTH APARTMENTS ON SEPTEMBER 5, 2019. THE ORGANIZATION OWNS AND OPERATES THIS 20-UNIT APARTMENT COMPLEX LOCATED IN ALEXANDRIA, VIRGINIA. AHDC IS THE SOLE MEMBER AND DEVELOPER FOR AHDC ELLSWORTH, LLC. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenue | $15,197 | RevenueAmt |
| Desc | THE ORGANIZATION HAS ACQUIRED A RESIDENTIAL UNIT FOR THE PURPOSE OF PROVIDING RENTAL HOUSING, AT NO COST, TO A RETIRED CITY OF ALEXANDRIA POLICE OFFICER. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Revenue | $15,197 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $12,507,806 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 15 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 12 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JONATHAN FREDERICK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7037397775 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 E ABINGDON DRIVE SUITE 210 | AddressLine1Txt |
| City | ALEXANDRIA | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22314 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| DANIEL ABRAMSON | |||||||
| CHAIR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ROBERT BURNS | |||||||
| VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CATHERINE PHARIS | |||||||
| TREASURER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOHN CORRADO | |||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MICHAEL CAISON | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MEGAN GLASHEEN | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ALYSON MILLER | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES PITTMAN | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JOE RESENDE | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTINA STACY | |||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JON FREDERICK | |||||||
| EXECUTIVE DIRECTOR | 40.00 | Yes (X) | $193,757 | $0 | $19,155 | ||
| AARON REMOLONA | |||||||
| PROJECT MANAGER | 40.00 | $129,078 | $0 | $9,522 | Yes (X) | ||
| GARTH ROBINSON | |||||||
| VP, PROPERTY & ASSET MANAGEMENT | 40.00 | $104,611 | $0 | $11,192 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $427,446 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $39,869 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DAVIS CARTER SCOTT LTD | |||||
| 8614 WESTWOOD CENTER DRIVE SUITE 8 | TYSONS | VA | 22182 | ARCHITECTURE | $284,588 |
| ADVANCED PROJECT MANAGEMENT INC | |||||
| 4530 WALNEY ROAD SUITE 202 | CHANTILLY | VA | 20151 | PROJECT MANAGEMENT | $213,435 |
| CLIFTON LARSON ALLEN LLP | |||||
| 901 NORTH GLEBE ROAD | ARLINGTON | VA | 22203 | ACCOUNTING SERVICES | $167,929 |
| CITY OF ALEXANDRIA | |||||
| 301 KING STREET | ALEXANDRIA | VA | 22314 | PRE-DEVELOPMENT | $161,638 |
| HOLLAND KNIGHT LLP | |||||
| PO BOX 864084 | ORLANDO | FL | 32886 | LEGAL SERVICES | $146,691 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $740,253 | GovernmentGrantsAmt |
| All Other Contributions | $185,341 | AllOtherContributionsAmt |
| Total Contributions | $925,594 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RENTAL REVENUE | 531110 | $6,338,443 | $6,338,443 |
| TENANT CHARGES | 531110 | $860,249 | $860,249 |
| PROGRAM INTEREST INCOM | 531390 | $187,554 | $187,554 |
| PARKING | 531110 | $174,011 | $174,011 |
| MISCELLANEOUS REVENUE | 531390 | $134,622 | $134,622 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $68,159 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $68,159 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $7,763,038 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $969 | TotalRevenueColumnAmt |
| Exclusion | $969 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,689,601 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,763,038 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $969 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $530 | TotalAmt |
| Program Services | $530 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $212,912 | TotalAmt |
| Program Services | $161,004 | ProgramServicesAmt |
| Management And General | $51,908 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,348,357 | TotalAmt |
| Program Services | $1,172,728 | ProgramServicesAmt |
| Management And General | $175,629 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,455 | TotalAmt |
| Program Services | $31,281 | ProgramServicesAmt |
| Management And General | $6,174 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,921 | TotalAmt |
| Program Services | $104,129 | ProgramServicesAmt |
| Management And General | $9,792 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,867 | TotalAmt |
| Program Services | $85,908 | ProgramServicesAmt |
| Management And General | $7,959 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $291,196 | TotalAmt |
| Management And General | $291,196 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,272 | TotalAmt |
| Program Services | $7,579 | ProgramServicesAmt |
| Management And General | $5,693 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $210,240 | TotalAmt |
| Management And General | $210,240 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,135 | TotalAmt |
| Management And General | $42,135 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,107 | TotalAmt |
| Program Services | $56,405 | ProgramServicesAmt |
| Management And General | $7,702 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,182 | TotalAmt |
| Program Services | $148,100 | ProgramServicesAmt |
| Management And General | $25,082 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,372,098 | TotalAmt |
| Program Services | $7,372,098 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,366 | TotalAmt |
| Management And General | $2,366 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,332 | TotalAmt |
| Program Services | $12,494 | ProgramServicesAmt |
| Management And General | $838 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,960 | TotalAmt |
| Management And General | $74,960 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,985,917 | TotalAmt |
| Program Services | $2,985,917 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,520 | TotalAmt |
| Program Services | $28,373 | ProgramServicesAmt |
| Management And General | $9,147 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| BAD DEBTS | $105,781 | $105,781 | $0 |
| RENT | $99,246 | $75,050 | $24,196 |
| OTHER RENT EXPENSES | $71,049 | $71,049 | $0 |
| MISCELLANEOUS TAXES AND | $57,142 | $47,300 | $9,842 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,027 | TotalAmt |
| Program Services | $42,080 | ProgramServicesAmt |
| Management And General | $1,947 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,464,612 | TotalAmt |
| Program Services | $12,507,806 | ProgramServicesAmt |
| Management And General | $956,806 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $939,810 | BOYAmt |
| EOY | $1,789,009 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,730 | BOYAmt |
| EOY | $17,748 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $208,150 | BOYAmt |
| EOY | $346,119 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,796,370 | BOYAmt |
| EOY | $8,377,626 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,755 | BOYAmt |
| EOY | $84,722 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $111,939,651 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,691,709 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,902,437 | BOYAmt |
| EOY | $106,247,942 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,893,650 | BOYAmt |
| EOY | $12,848,476 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $129,845,902 | BOYAmt |
| EOY | $129,711,642 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,015,798 | BOYAmt |
| EOY | $4,516,054 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,847,222 | BOYAmt |
| EOY | $4,680,556 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,041 | BOYAmt |
| EOY | $186,574 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $112,322,280 | BOYAmt |
| EOY | $114,538,372 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $521,341 | BOYAmt |
| EOY | $569,769 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,850,682 | BOYAmt |
| EOY | $124,491,325 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,995,220 | BOYAmt |
| EOY | $5,220,317 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,995,220 | BOYAmt |
| EOY | $5,220,317 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $129,845,902 | BOYAmt |
| EOY | $129,711,642 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$4,775,011 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $108 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $327,580 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $361,044 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $389,845 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,207,664 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $925,594 | CurrentTaxYearAmt |
| Total | $3,211,727 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $327,580 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $361,044 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $389,845 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,207,664 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $925,594 | CurrentTaxYearAmt |
| Total | $3,211,727 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $3,211,727 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,356 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,958 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,500 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,374 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $969 | CurrentTaxYearAmt |
| Total | $34,157 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $3,245,884 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $27,821,092 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.98950 | PublicSupportCY170Pct |
| Public Support PY170 | 0.98550 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $24,093,047 | OtherCostOrOtherBasisAmt |
| Book Value | $24,093,047 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $87,304,142 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,464,021 | DepreciationAmt |
| Book Value | $81,840,121 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $542,462 | OtherCostOrOtherBasisAmt |
| Depreciation | $227,688 | DepreciationAmt |
| Book Value | $314,774 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $106,247,942 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (10 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| LOAN INTEREST RECEIVABLE | $1,415,882 |
| SECURITY DEPOSIT | $14,067 |
| DEVELOPER FEE RECEIVABLE | $6,916,681 |
| INVESTMENT IN SUBSIDIARY | -$564 |
| PRE DEVELOPMENT | $2,991,559 |
| CONSTRUCTION IN PROGRESS | $26,078 |
| REPLACEMENT RESERVES | $1,010,347 |
| OTHER ESCROW & RESERVES | $301,549 |
| TENANT SECURITY DEPOSITS | $163,045 |
| DELIVERY FEE RECEIVABLE | $9,832 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $12,848,476 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| RENT ASSISTANCE PAYMENT PAYABLE | $42,076 |
| DEVELOPER FEE PAYABLE | $368,067 |
| RPO REPLACEMENT RESERVE | $2,950 |
| PREPAID REVENUE | $156,676 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $569,769 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $14,706,067 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $6,378,953 | OtherRevenueAmt |
| Revenue Not Reported | $6,378,953 | RevenueNotReportedAmt |
| Revenue Subtotal | $8,327,114 | RevenueSubtotalAmt |
| Other Revenues Not Included | $362,487 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $362,487 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $8,689,601 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $22,939,455 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $9,858,531 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $9,858,531 | ExpensesNotReportedAmt |
| Expenses Subtotal | $13,080,924 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $383,688 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $383,688 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $13,464,612 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THE AMOUNT OF $186,574 ON THE ACCOMPANYING BALANCE SHEET REPRESENTS FUNDS DEPOSITED IN A SAVINGS ACCOUNT WITH A BALANCE WHICH SHOULD BE AT LEAST EQUAL TO THE TENANTS' SECURITY DEPOSITS. VIRGINIA RENT ESCROW LAW REQUIRES THE CORPORATION TO MAINTAIN A SEPARATE ACCOUNT FOR DEPOSITS PAID BY THE TENANTS, AND TO CREDIT THE DEPOSITS ANNUALLY WITH INTEREST AT 1% BELOW THE CURRENT FEDERAL RATE. TENANT SECURITY DEPOSITS ARE HELD IN A FEDERALLY INSURED BANK. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | ELIMINATION OF AFFILIATES' REVENUES 6,378,953. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | ELIMINATION OF INTERCOMPANY TRANSACTIONS 256,706. RECLASSIFICATION OF BAD DEBT EXPENSE 105,781. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | ELIMINATION OF AFFILIATES' EXPENSES 9,858,531. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | ELIMINATION OF INTERCOMPANY TRANSACTIONS 277,907. RECLASSIFICATION OF BAD DEBT EXPENSE 105,781. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JON FREDERICK | PersonNm |
| Title | EXECUTIVE DIRECTOR | TitleTxt |
| Base Compensation Filing Org | $193,757 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $6,560 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $12,595 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $212,912 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | AHDC RPO UNIT #1, LLC IS MANAGED BY EQUITY MANAGEMENT II, LLC, AN UNRELATED PARTY, PURSUANT TO THE TERMS OF A MANAGEMENT AGREEMENT DATED JANUARY 1, 2012. THE AGREEMENT IS FOR ONE YEAR AND WILL REMAIN IN EFFECT ON A MONTH-TO-MONTH BASIS UNLESS TERMINATED PURSUANT TO THE AGREEMENT. THE FEE IS $85 PER MONTH AND IS PAYABLE QUARTERLY. FOR THE YEAR ENDED DECEMBER 31, 2021, PROPERTY MANAGEMENT FEES OF $1,020 WERE INCURRED AND PAID. AHDC ELLSWORTH, LLC IS MANAGED BY S.L. NUSBAUM REALTY CO., AN UNRELATED PARTY, PURSUANT TO THE TERMS OF A MANAGEMENT AGREEMENT DATED AUGUST 1, 2019. THE AGREEMENT IS FOR ONE YEAR AND WILL REMAIN IN EFFECT ON AN ANNUAL BASIS UNLESS TERMINATED PURSUANT TO THE AGREEMENT. THE FEE IS COMPUTED AT 4.5% OF RENT COLLECTIONS FOR THE PRECEDING MONTH, AS DEFINED. FOR THE YEAR ENDED DECEMBER 31, 2021, PROPERTY MANAGEMENT FEES OF $14,142 WERE INCURRED AND PAID. AHDC PC DR, LLC IS MANAGED BY JBGS/TRS, L.L.C., AN UNRELATED PARTY, PURSUANT TO THE TERMS OF A MANAGEMENT AGREEMENT DATED JANUARY 28, 2020. THE AGREEMENT IS FOR AN INITIAL TWO-YEAR TERM AND WILL REMAIN IN EFFECT ON AN ANNUAL ONE-YEAR TERM BASIS UNLESS TERMINATED PURSUANT TO THE AGREEMENT. THE FEE IS COMPUTED AT 4% OF GROSS RECEIPT COLLECTIONS. FOR THE YEAR ENDED DECEMBER 31, 2021, PROPERTY MANAGEMENT FEES OF $277,054 WERE INCURRED AND $46,163 REMAINS PAYABLE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE DRAFT IS REVIEWED BY THE EXECUTIVE DIRECTOR, TREASURER, AND THE ACCOUNTANTS. THE DRAFT IS COMPARED TO THE PRIOR YEAR'S RETURN AND THE FINANCIAL STATEMENTS. THE EXECUTIVE DIRECTOR OR THE TREASURER GIVES THE APPROVAL FOR THE FINAL VERSION OF THE FORM 990 TO BE CREATED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION'S CONFLICT OF INTEREST POLICY REQUIRES THAT EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF BOARD OF DIRECTORS OR APPROPRIATE COMMITTEE WITH DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICT-OF-INTEREST POLICY B. HAS READ AND UNDERSTANDS THE POLICY C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THAT ALEXANDRIA HOUSING DEVELOPMENT CORPORATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. |
| FORM 990, PART VI, SECTION B, LINE 15 | ALEXANDRIA HOUSING DEVELOPMENT CORPORATION (AHDC) BOARD OF DIRECTORS EMPLOYED A COMPENSATION SPECIALIST TO ANALYZE THE COMPENSATION PACKAGE FOR THE AHDC'S PRESIDENT, JONATHAN D FREDERICK. AHDC'S PRESIDENT USED INDUSTRY REPORTS, NAMELY A LOCAL AFFORDABLE HOUSING REGIONAL NETWORK REPORT, TO ENSURE SALARIES FOR KEY EMPLOYEES WERE CONSTANT WITH THE MARKET FOR LIKE JOB DESCRIPTIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE DURING REGULAR BUSINESS HOURS OR UPON REQUEST. |
| FORM 990, PART IX, LINE 16 OCCUPANCY EXPENSE: | UTILITIES $801,090 REAL ESTATE TAXES 906,197 REPAIRS & MAINTENANCE 560,770 PROPERTY INSURANCE 367,433 MORTGAGE INTEREST 4,736,608 TOTAL OCCUPANCY EXPENSE $7,372,098 |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| AHDC RPO UNIT #1 LLC | |||||||||
| 1201 E ABINGDON DRIVE SUITE 210 | ALEXANDRIA | VA | 22314 | 273390388 | PROVIDE A RESIDENTIAL POLICE OFFICER UNIT FOR A MEMBER OF THE ALEXANDRIA PD | VA | $15,197 | $350,186 | ALEXANDRIA HOUSING DEVELOPMENT CORPORATION |
| AHDC ELLSWORTH LLC | |||||||||
| 1201 E ABINGDON DRIVE SUITE 210 | ALEXANDRIA | VA | 22314 | 842277440 | AFFORDABLE HOUSING | VA | $324,249 | $4,259,287 | ALEXANDRIA HOUSING DEVELOPMENT CORPORATION |
| AHDC PC DR LLC | |||||||||
| 1201 E ABINGDON DRIVE SUITE 210 | ALEXANDRIA | VA | 22314 | 844059118 | AFFORDABLE HOUSING | VA | $7,335,470 | $103,898,576 | ALEXANDRIA HOUSING DEVELOPMENT CORPORATION |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ALEXANDRIA POTOMAC STATION LIMITED PARTNERSHIP | |||||||||||||
| 1201 E ABINGDON DRIVE SUITE 210 | ALEXANDRIA | VA | 22314 | 208564728 | AFFORDABLE HOUSING | VA | AHDC POTOMAC STATION INC | RELATED | -$786,352 | $6,414,808 | 0 | Yes (1) | 0.00010 |
| ALEXANDRIA TRILOGY PROPERTIES LIMITED PARTNERSHIP | |||||||||||||
| 1201 E ABINGDON DRIVE SUITE 210 | ALEXANDRIA | VA | 22314 | 462293850 | AFFORDABLE HOUSING | VA | AHDC ALL PROPERTIES INC | RELATED | -$62 | $1,555,375 | 0 | Yes (1) | 0.00010 |
| ALEXANDRIA GATEWAY LIMITED PARTNERSHIP | |||||||||||||
| 1201 E ABINGDON DRIVE SUITE 210 | ALEXANDRIA | VA | 22314 | 811594439 | AFFORDABLE HOUSING | VA | AHDC GATEWAY INC | RELATED | $1,501,267 | 0 | Yes (1) | 0.00010 | |
| ALEXANDRIA LACY COURT LIMITED PARTNERSHIP | |||||||||||||
| 1201 E ABINGDON DRIVE SUITE 210 | ALEXANDRIA | VA | 22314 | 823219866 | AFFORDABLE HOUSING | VA | AHDC LACY COURT INC | RELATED | $1,657,997 | 0 | Yes (1) | 0.00010 | |
| ALEXANDRIA NORTH HENRY LIMITED PARTNERSHIP | |||||||||||||
| 1201 E ABINGDON DRIVE SUITE 210 | ALEXANDRIA | VA | 22314 | 820989497 | AFFORDABLE HOUSING | VA | AHDC NORTH HENRY INC | RELATED | -$146 | $4,134,732 | 0 | Yes (1) | 0.00010 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AHDC POTOMAC STATION INC | ||||||||||||
| 1201 E ABINGDON DRIVE SUITE 210 | ALEXANDRIA | VA | 22314 | 208564608 | AFFORDABLE HOUSING | VA | ALEXANDRIA HOUSING DEVELOPMENT CORPORATION | C | -$786,352 | -$1,915,416 | 1.00000 | Yes (1) |
| AHDC ALL PROPERTIES INC | ||||||||||||
| 1201 E ABINGDON DRIVE SUITE 210 | ALEXANDRIA | VA | 22314 | 462273579 | AFFORDABLE HOUSING | VA | ALEXANDRIA HOUSING DEVELOPMENT CORPORATION | C | -$62 | -$507 | 1.00000 | Yes (1) |
| AHDC GATEWAY INC | ||||||||||||
| 1201 E ABINGDON DRIVE SUITE 210 | ALEXANDRIA | VA | 22314 | 811549141 | AFFORDABLE HOUSING | VA | ALEXANDRIA HOUSING DEVELOPMENT CORPORATION | C | 1.00000 | Yes (1) | ||
| AHDC LACY COURT INC | ||||||||||||
| 1201 E ABINGDON DRIVE SUITE 210 | ALEXANDRIA | VA | 22314 | 823219536 | AFFORDABLE HOUSING | VA | ALEXANDRIA HOUSING DEVELOPMENT CORPORATION | C | 1.00000 | Yes (1) | ||
| AHDC NORTH HENRY INC | ||||||||||||
| 1201 E ABINGDON DRIVE SUITE 210 | ALEXANDRIA | VA | 22314 | 820988724 | AFFORDABLE HOUSING | VA | ALEXANDRIA HOUSING DEVELOPMENT CORPORATION | C | -$146 | -$525 | 1.00000 | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| AHDC LACY COURT INC | ||
| D | $279,605 | FAIR MARKET VALUE |
| ALEXANDRIA NORTH HENRY LIMITED PARTNERSHIP | ||
| D | $1,600,000 | FAIR MARKET VALUE |