2026-05-06T12:41:37-05:00 2025-06-30 550538163 SUTTLE & STALNAKER PLLC 1411 VIRGINIA ST E STE 100 CHARLESTON WV 25301 990 2024-07-01 541574925 GREATER CHARLOTTESVILLE HABITAT FOR HUMANITY INC GREA 4342939066 967 2ND ST SE CHARLOTTESVILLE VA 22902 DAN ROSENSWEIG PRESIDENT/CEO 4342939066 2026-05-06 1 0 WALLACE F SUTTLE II CPA P00050161 3043434126 2026-05-06 2024 2025-03-06 01:10:19Z DAN ROSENSWEIG 967 2ND ST SE CHARLOTTESVILLE VA 22902 15162190 0 X WWW.CVILLEHABITAT.ORG X 1991 VA BRING PEOPLE TOGETHER TO BUILD HOMES AND COMMUNITIES TO PROVIDE SAFE, DECENT, AFFORDABLE HOUSING. 16 15 70 2270 0 0 7638883 8962351 12862271 2781631 -56354 70287 1493140 1943525 21937940 13757794 7500 26640 0 0 4102977 4060196 0 0 521804 18433195 10134263 22543672 14221099 -605732 -463305 41176908 42051252 17748674 19610335 23428234 22440917 X SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. HABITAT FOR HUMANITY GREATER CHARLOTTESVILLE ADHERES TO A STRICT NON-PROSELYTIZING POLICY AND WILL NOT OFFER ASSISTANCE ON THE EPRESSED OR IMPLIED CONDITION THAT PEOPLE MUST ADHERE TO OR CONVERT TO A PARTICULAR FAITH OR LISTEN AND RESPOND TO MESSAGING DESIGNED TO INDUCE CONVERSION TO A PARTICULAR FAITH. 0 0 11111763 26640 4657382 HOMEOWNERSHIP PROGRAM: FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH US. HABITAT HOUSES ARE MODESTLY SIZED. THEY ARE LARGE ENOUGH FOR THE HOMEOWNER FAMILY'S NEEDS, BUT SMALL ENOUGH TO KEEP CONSTRUCTION AND MAINTENANCE AFFORDABLE. BY USING THE LABOR OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, EMPLOYING EFFICIENT BUILDING METHODS, KEEPING HOUSE SIZES MODEST, USING DONATED CONSTRUCTION MATERIALS AND APPLIANCES, AND ISSUING NO-PROFIT LOANS, HABITAT MAKES ITS HOUSES AFFORDABLE FOR LOW-INCOME FAMILIES TO PURCHASE. AFFORDABLE HOMEOWNERSHIP HELPS CREATE THE CONDITIONS THAT FREE FAMILIES FROM INSTABILITY, STRESS AND FEAR AND ENCOURAGE SELF-RELIANCE AND CONFIDENCE. STUDIES SHOW THAT STRONG AND STABLE HOUSEHOLDS ARE FOUNDATIONAL TO CHILD DEVELOPMENT AND GROWTH. WHEN A HOME FOSTERS - INSTEAD OF HINDERS - HEALTH AND SAFETY, FAMILIES CAN FLOURISH. OWNING AN AFFORDABLE HOME ALSO ALLOWS HOMEOWNERS TO LIFT UP THEIR ENTIRE FAMILY BY SAVING FOR THEIR FUTURES AND INVESTING IN EDUCATIONAL OPPORTUNITIES, BOLSTERING JOB OPPORTUNITIES AND CAREER GROWTH. 912968 100126 NEIGHBORHOOD REVITALIZATION PROGRAM: THROUGH OUR NEIGHBORHOOD REVITALIZATIO WORK, WE TAILOR OUR EFFORTS BY PARTNERING LOCALLY WITH RESIDENTS AND COMMUNITY LEADERS AND ORGANIZATIONS TO BEST ADDRESS THE REAL CONCERNS OF THE COMMUNITY AND IMPROVE THE LIVES OF THE PEOPLE WHO LIVE THERE. USING A DATA-DRIVEN AND CUSTOMIZABLE APPROACH, WE FOCUS ON FIRST UNDERSTANDING THE CONCERNS OF THE RESIDENTS AND THEN EMPOWERING THESE RESIDENTS TO LEAD THE PROJECTS THEY WANT TO SEE. ALONGSIDE HABITAT, RESIDENTS WORK WITH CHURCHES, SCHOOLS, NEW AND LONGSTANDING NEIGHBORHOOD COALITIONS, LOCAL GOVERNMENT ENTITIES, AND OTHER COMMUNITY PARTNERS TO ACHIEVE THEIR GOALS.BECAUSE EACH NEIGHBORHOOD'S CHALLENGES AND ASPIRATIONS ARE DIFFERENT, THE FRAMEWORK ACTS AS A GUIDE THAT CAN BE TAILORED TO THE GOALS OF EACH COMMUNITY. THAT'S WHY NEIGHBORHOOD REVIALIZATION CAN LOOK LIKE ANYTHING FROM DEVELOPING PUBLIC PARKS TO ORGANIZING SAFETY MEETINGS WITH THE LOCAL POLICE DEPARTMENT TO REHABBING AND REOPENING SCHOOLS, STORES AND HOMES. 96667 400 HOME PRESERVATION PROGRAM: OUR HOME PRESERVATION PROGRAM IS AN OUTREACH INITIATIVE THAT SEEKS TO PROVIDE A WIDE RANGE OF OPPORTUNITIES FOR LOW-TO MODERATE-INCOME HOMEOWNERS, INCLUDING VETERANS AND SENIORS, WHO ARE STRUGGLING TO MAINTAIN THEIR HOMES BECAUSE OF AGE, DISABILITY OR FAMILY CIRCUMSTANCES. WE PARTNER WITH FAMILIES TO HELP THEM RECLAIM THEIR HOMES WITH PRIDE AND DIGNITY. THE PROGRAM ALLOWS FAMILIES TO STAY IN THEIR HOME AND AVOID THE UNCERTAINTY, TRAUMA AND EXPENSE OF MOVING. PROJECTS CONSIST OF INTERIOR AND/OR EXTERIOR REPAIRS INTENDED TO ALLEVIATE CRITICAL HEALTH LIFE AND SAFETY ISSUES OR CODE VIOLATIONS. VOLUNTEER TEAMS WORK ALONG WITH SUBCONTRACTORS UNDER THE DIRECTION OF HABITAT GREATER CHARLOTTESVILLE STAFF MEMBERS TO COMPLETE THE REPAIRS. 162385 AGING IN PLACE PROGRAM: WE PARTNER WITH FAMILIES, COMMUNITIES AND LOCAL ORGANIZATIONS TO HELP OLDER ADULTS IMPROVE THEIR HOMES AND THEIR QUALITY OF LIFE SO THAT THEY CAN FLOURISH WHERE THEY LIVE. TO GUIDE OUR WORK, HABITAT DEVELOPED HOUSING PLUS, A COMPREHENSIVE AGING INPLACE STRATEGY. THIS PERSON-CENTERED APPROACH USES TWO DIFFERENT ASSESSMENTS TO TAILOR THE PROCESS TO EACH HOMEOWNER'S NEEDS. THESE ASSESSMENTS, WHICH CONSIDER EVERYTHING FROM THE RESIDENT'S LIFESTYLE TO THEIR TYPE OF HOME, ALLOW US ADDRESS OLDER ADULTS' NEEDS HOLISTICALLY, IMPROVING THE LIKELIHOOD THAT THEY CAN AGE IN PLACE.FINANCIAL AND HOMEBUYER EDUCATION PROGRAMS: AS PART OF THE HOMEOWNERSHIP PROCESS, WE BELIEVE FINANCIAL EDUCATION BUILDS A MORE SOLID FOUNDATION FOR LONG-TERM PERSONAL SUCCESS AND HELPS ALLEVIATE ANY CONCERNS OR BARRIERS ON THE PATH TO HOMEOWNERSHIP. DURING THESE FINANCIAL EDUCATION CLASSES, WE COVER TOPICS SUCH AS BUDGETING; CREDIT CARDS AND CREDIT REPORTS; DEBT AND LOANS; SAVING, INVESTING AND PLANNING FOR THE FUTURE; EMERGENCY SITUATIONS; AND HABITAT HOMEOWNER MORTGAGES. A MORE IN-DEPTH UNDERSTANDING OF THESE IMPORTANT CONCEPTS IS A TOOL THAT CAN BE USED TO BUILD A BETTER FUTURE. DISASTER RESPONSE PROGRAM: THE MOST BASIC NEEDS - HEALTH, WATER, SANITATION, LIVELIHOODS, SAFETY, EDUCATION AND OTHERS - BECOME BOTH SCARCE AND DIRE IN THE EVENT OF A DISASTER. WE BELIEVE THAT SAFE, RELIABLE SHELTER PROVIDES THE FOUNDATION FROM WHICH ALL OF THESE THINGS CAN BEGIN TO REEMERGE DURING THE RELIEF AND REBUILDING PROCESS. WITH THE HELP OF VOLUNTEERS AND DONORS, WE ARE ABLE TO PROVIDE SHELTER ASSISTANCE, EDUCATION, TRAINING AND PARTNERSHIPS TO AFFECTED INDIVIDUALS WHO FIND THEMSELVES IN UNTHINKABLE SITUATIONS AFTER A DISASTER STRIKES. HABITAT GREATER CHARLOTTESVILLE IS COMMITTED TO EFFICIENCY AND TRANSPARENCY. WE COMMUNICATE WITH OUR SUPPORTERS, DONORS AND PROSPECTIVE DONORS BY EMAIL, POSTAL MAIL, PHONE AND OTHER MEANS, BOTH TO REQUEST CONTRIBUTIONS TO OUR CAUSE AND TO EDUCATE THE PUBLIC ABOUT HABITAT GREATER CHARLOTTESVILLE'S YEAR-ROUND PROGRAMS, VOLUNTEER OPPORTUNITIES AND OTHER EVENTS IN LOCAL COMMUNITIES AND AROUND THE WORLD. THESE EFFORTS HELP ADVANCE OUR MISSION TO PUT GOD'S LOVE INTO ACTION BY BRINGING PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE. AS A RESULT, IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD GUIDELINES AND INTERNAL REVENUE SERVICE GUIDANCE, HABITAT GREATER CHARLOTTESVILLE ALLOCATES A PORTION OF OUR FUNDRAISING COSTS TO PROGRAM SERVICES. AS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL TAXATION, WE ENSURE OUR DONORS'S MONEY IS SPENT AS EFFICIENTLY AS POSSIBLE. ADDITIONALLY, WE HAVE CERTAIN EXPENSES THAT CANNOT BE BILLED SEPARATELY FOR EACH FUNCTIONAL AREA. RENT, UTILITIES, INFORMATION TECHNOLOGY AND OTHER COSTS ARE GROUPED TOGETHER. WE ALLOCATE THESE COSTS IN COMPLIANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, OR GAAP, ACROSS THE PROGRAM (INCLUDING HABITAT RESTORES), MANAGEMENT AND GENERAL,AND FUNDRAISING CATEGORIES. FINALLY, SOME STAFF MEMBERS HAVE RESPONSIBILITIES THAT CROSS OVER FUNCTIONAL AREAS. TO CALCULATE THE TIME ALLOCATION, HABITAT GREATER CHALOTTESVILLE DIVIDES THE NUMBER OF HOURS SPENT ON A PROJECT OUTSIDE OF A STAFF MEMBER'S DESIGNATED EXPENSE CATEGORY BY THE TOTAL HOURS WORKED DURING THAT PERIOD AND ALLOCATES THAT PERCENTAGE OF COSTS TO THE APPROPRIATE EXPENSE CATEGORY. 162385 12283783 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0 0 0 1 76 0 1 70 1 0 0 0 0 0 1 1 0 0 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 VA X THE ORGANIZATION 4342939066 967 2ND ST SE CHARLOTTESVILLE VA 22902 ALEX URPI CHAIR 7.50 X X 0 0 0 CONNOR CHILDRESS SECRETARY 7.50 X X 0 0 0 BRAD SIMPSON TREASURER 7.50 X X 0 0 0 CASS BAILEY DIRECTOR 5.00 X 0 0 0 JOSEPH RAICHEL DIRECTOR 5.00 X 0 0 0 YOLUNDA HARRELL DIRECTOR 5.00 X 0 0 0 JOHN RAYMOND DIRECTOR 5.00 X 0 0 0 CARLOS MORENO ESQ DIRECTOR 5.00 X 0 0 0 ROB ARCHER DIRECTOR 5.00 X 0 0 0 RHONDA ROBERTS DIRECTOR 5.00 X 0 0 0 KIMBERLY SKELLY VICE CHAIR 5.00 X X 0 0 0 JOSHUA WYKLE DIRECTOR 5.00 X 0 0 0 BILLY WAYSON DIRECTOR 5.00 X 0 0 0 TERRI ALLARD DIRECTOR 5.00 X 0 0 0 DOUG TROUT DIRECTOR 5.00 X 0 0 0 WENDY HORTON DIRECTOR 5.00 X 0 0 0 DAN ROSENSWEIG PRESIDENT/CEO 40.00 X 208513 0 6263 DAVID SCHMIDT CHIEF CONSTRUCTION OFFICER 40.00 X 95113 0 9710 JANETTE MURPHY VP & CHIEF PARTNERSHIP OFFICER 40.00 X 128859 0 10765 MICHELLE WAMSLEY VP & CHIEF ADVANCEMENT OFFICER 40.00 X 166063 0 12199 MICHAEL SCHAFER CHIEF FINANCIAL OFFICER 40.00 X 64105 0 4779 662653 0 43716 3 0 1 0 FAULCONER CONSTRUCTION COMPANY INC 2496 OLD IVY RD CHARLOTESVILLE VA 22906 SITE DEVELOPMENT CONTRACTING FIRM 1711269 MARTINEZ FRAMING LLC 3061 SOUTH MAIN ST SUITE H HARRISONBURG VA 22801 GENERAL BUILDING CONTRACTOR 859380 ROUDABUSH GALE & ASSOC INC 999 2ND ST SE CHARLOTESVILLE VA 22902 LAND DEVELOPMENT CONTRACTING FIRM 686732 ALBEMARLE COUNTY SERVICE AUTHORITY 168 SPOTNAP RD CHARLOTESVILLE VA 22911 WATER DISTRIBUTION AND SEWER COLLECTION 535462 ROYAL FOUNDATIONS INC 14186 MADISON RUN RD GORDONSVILLE VA 22942 CONCRETE CONTRACTOR 404058 5 8962351 118545 8962351 HOME SALES 531390 2781631 2781631 2781631 37535 37535 1320563 1220437 100126 100126 100126 105566 401 72413 -401 33153 32752 32752 1464765 111145 1353620 1353620 PARTNER HOMEBUYER MORTGAGE PAYOFF 900099 272276 272276 DOWNPAYMENT ASSISTANCE 900099 147519 147519 CANCELLATION OF DEBT 900099 50000 50000 19984 19984 489779 13757794 4757908 0 37535 26640 26640 834932 535158 112103 187671 2474826 1964766 310419 199641 502779 379758 64184 58837 247659 187062 31616 28981 682576 381138 295932 5506 31727 31727 53855 26473 27382 164456 51460 71828 41168 452108 335566 116542 32687 24438 8249 601263 601263 89303 42865 46438 139967 139967 COST OF HOMES SALES/CON 6897539 6897539 BANK AND CREDIT CARD FE 382382 199197 183185 HOMEBUYER EXPENSES 212423 212423 COST OF REPAIRS/CONSTRU 141549 140148 1401 252428 246162 6266 14221099 12283783 1415512 521804 2272926 2660138 999698 939151 64397 35709 5352973 7381615 31357 39705 80213 124415 5599584 928750 4650345 4670834 27724999 26199685 41176908 42051252 2503510 3156832 74124 55971 9982630 12975751 3837997 1701093 1350413 1720688 17748674 19610335 X 21500898 21588779 1927336 852138 23428234 22440917 41176908 42051252 -463305 52815 -576827 0 X X 0 1 X 0 1 1 X 5835213 7577547 7457628 7638883 8962351 37471622 5835213 7577547 7457628 7638883 8962351 37471622 37471622 1346966 1380505 1358098 4085569 787172 42720 489782 1319674 42876865 26644783 0.87390 0.91640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 257504 257504 5177875 804719 4373156 164205 124031 40174 4670834 HOMES UNDER CONSTRUCTION 2399896 LAND HELD FOR DEVELOPMENT 21535216 OPERATING LEASE RIGHT-OF-USE 348876 INVESTMENT JOINT VENTURE 1915697 26199685 RETAINAGE PAYABLE 179378 DEPOSITS FROM PARTNER FAMILIES 150274 DEPOSITS FROM BUILDERS 1010345 OPERATING LEASE 380691 1720688 X 13921754 52815 52815 13868939 -111145 -111145 13757794 14332244 111145 111145 14221099 0 14221099 PART IV, LINE 2B: EXPLANATION FOR ESCROW ACCOUNTS - HABITAT BUILDS IN MANY DIFFERENT AREAS AROUND TOWN AND OUT IN THE SURROUNDING COUNTIES. IN A MAJORITY OF THE CASES, THEY ARE BUILDING HOMES IN COMMUNITIES WITH A HOMEOWNERS ASSOCIATION (HOA). TYPICALLY THESE HOAS INCLUDE A MONTHLY ESCROWED AMOUNT THAT IS SET ASIDE IN A RESERVE ACCOUNT FOR MAINTAINING THE EXTERIOR OF EACH HOME. IN THAT WAY, THE PROPERTY VALUES FOR ALL NEIGHBORS ARE PROTECTED BECAUSE RESOURCES ARE AVAILABLE TO KEEP HOMES LOOKING GOOD. HOWEVER, NOT ALL OF THE NEIGHBORHOODS THEY BUILD IN PROVIDE THIS RESOURCE, AND THEY WERE FINDING DIFFERING LEVELS OF EXTERIOR MAINTENANCE BEING PERFORMED BY THEIR HOMEOWNERS. SO, IN ORDER TO CREATE A LEVEL PLAYING FIELD ACROSS THEIR ENTIRE PROGRAM THEY INSTITUTED THE EXTERIOR UPKEEP PROGRAM AND THE CORRESPONDING ESCROW ACCOUNT. PART X, LINE 2: THE ORGANIZATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH GUIDANCE ESTABLISHED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE ORGANIZATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: COGS INVENTORY -111,145. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS INVENTORY 111,145. 0 HABITAT FOR HUMANITY INTERNATIONAL 121 HABITAT STREET AMERICUS GA 31709 911914868 501(C)(3) 26640 0 ANNUAL TITHE X 0 0 0 0 0 0 0 0 0 DAN ROSENSWEIG PRESIDENT/CEO 208513 0 0 0 0 0 6263 0 0 0 214776 0 0 0 MICHELLE WAMSLEY VP & CHIEF ADVANCEMENT OFFICER 166063 0 0 0 0 0 5311 0 6888 0 178262 0 0 0 CONNOR CHILDRESSSCOTT KRONER PLC DIRECTOR 43894 LEGAL SERVICES 0 PART IV THE ORGANIZATION PAID BOARD MEMBERS FOR LEGAL SERVICES RELATED TO CLOSING ON THE SALES OF PARTNER FAMILY HOMES AND OTHER REAL ESTATE MATTERS. THIS ARRANGEMENT WAS DISCLOSED TO THE ORGANIZATION'S EXECUTIVE COMMITTEE AND FOLLOWS THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. X MATERIALS 0 118545 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 WAS REVIEWED BY THE CEO, CFO, AND COMPLIANCE OFFICER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS REVIEW AND SIGN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. IN ADDITION, DISCLOSURE OF CONFLICTS OF INTEREST ARE INCLUDED AT THE BEGINNING OF EVERY BOARD MEETING. THE TREASURER REVIEWS ALL TRANSACTIONS WITH RELATED PARTIES TO ENSURE COMPLIANCE. STAFF MEMBERS ARE REQUIRED TO REVIEW AND SIGN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S BOARD USES COMPARABLE SALARY RATES FOR SIMILAR NON-PROFITS TO DETERMINE COMPENSATION FOR TOP MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S 1023 AND FORM 990 ARE STORED AT THE ORGANIZATION'S OFFICE AND ARE AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO FILED ANNUALLY WITH THE VIRGINIA DEPARTMENT OF AGRICULTURE, OFFICE OF CONSUMER AFFAIRS, AND IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS CAN BE DISTRIBUTED TO THE PUBLIC UPON REQUEST. IN ADDITION, THE GOVERNING DOCUMENTS ARE FILED ANNUALLY WITH THE VIRGINIA DEPARTMENT OF AGRICULTURE, OFFICE OF CONSUMER AFFAIRS, AND ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION PROCESS FOR SELECTION AND RETENTION OF INDEPENDENT AUDITORS HAS NOT CHANGED FROM THE PRIOR YEAR. SUNRISE PARK LLC 967 2ND ST SE CHARLOTTESVILLE VA 22902 541574925 CONSTRUCTION OF OPERATIONS OF SUNRISE PARK DEVELOPMENT VA 20852 749153 SOUTHWOOD CHARLOTTESVILLE LLC 967 2ND ST SE CHARLOTTESVILLE VA 22902 541574925 OPERATE SOUTHWOOD TRAILER PARK UNTIL FUTURE DEVELOPMENT VA 1072511 22753675 BELMONT COTTAGES LLC 967 2ND ST SE CHARLOTTESVILLE VA 22902 541574925 CONSTRUCTION OF BELMONT COTTAGES DEVELOPMENT VA CREATIVE HOUSING OF GREATER CHARLOTTESVILLE INC 967 2ND ST SE CHARLOTTESVILLE VA 22902 541574925 SUPPORT HABITAT FOR HUMANITY OF GREATER CHARLOTTESVILLE VA HABITAT 991 FIFTH STREET 967 2ND ST SE CHARLOTTESVILLE VA 22902 541574925 CONSTRUCTION OF FIFTH STREET DEVELOPMENT VA CARDINAL HILL CONDOMINIUMS LLC 967 2ND ST SE CHARLOTTESVILLE VA 22902 541574925 OWNER AND OPERATE SOUTHWOOD RENTAL CONDOS VA 142146 3358491 GCHFH EXTERIOR UPKEEP LLC 967 2ND ST SE CHARLOTTESVILLE VA 22902 541574925 OWNER AND OPERATE EXTERIOR UPKEEP (EXUP) PROGRAM VA 14233 HFHI NMTC LEVERAGE LENDER 2021 LLC 285 PEACHTREE CNTR AVE NE STE 2700 ATLANTA GA 30303 541574925 NEW MARKETS TAX CERDITS FACILITATION GA RELATED 1 1867311 0 0 0.08580 HABITAT CARLTON ALLIANCE LLC 1412 CARLTON AVE SUITE 1 CHARLOTTESVILLE VA 22902 994902132 AQUIRE,OWN,OPERATE,AND REDEVELOP CARLTON MOBILE PARK VA RELATED 0 48386 48386 0 0 0.50000 990 SCHEDULE R PART VI THE ORGANIZATION PARTICIPATES IN THE NEW MARKETS TAX CREDIT (NMTC) PROGRAM. NMTC PROGRAMS WERE ESTABLISHED AS PART OF THE COMMUNITY RENEWAL TAX RELIEF ACT OF 2000. THE GOAL OF NMTC PROGRAMS IS TO SPUR REVITALIZATION EFFORTS IN LOW-INCOME AND IMPOVERISHED COMMUNITIES ACROSS THE UNITED STATES AND ITS TERRITORIES BY PROVIDING TAX CREDIT INCENTIVES TO INVESTORS IN CERTIFIED COMMUNITY DEVELOPMENT ENTITIES. THE TAX CREDIT FOR INVESTORS EQUALS 39% OF THE INVESTMENT, AND INVESTORS RECEIVED THE TAX CREDIT OVER A SEVEN YEAR PERIOD. A COMMUNITY DEVELOPMENT ENTITY (CDE) IS REQUIRED TO PARTICIPATE AND HAS THE PRIMARY MISSION OF PROVIDING FINANCING FOR REVITALIZATION PROJECTS IN LOW-INCOME COMMUNITIES. NMTC FINANCING ALLOWS ORGANIZATIONS SUCH AS HABITAT FOR HUMANITY AFFILIATES TO RECEIVE LOW-INTEREST LOANS OR INVESTMENT CAPITAL FROM CDES, PRIMARLY FINANCIAL INSTITUTIONS, WHICH ALLOW THEIR INVESTORS TO RECEIVE TAX CREDITS. AS A RESULT OF PARTICIPATION IN THE NMTC PROGRAM, THE ORGANIZATION RECEIVED LOW-INTEREST LOANS. THE LOANS ARE GUARANTEED BY HABITAT INTERNATIONAL. THE LENDER PROVIDES ADMINISTRATIVE SUPPORT FOR THE NMTC PROGRAM ON BEHALF OF THE HABITAT AFFILIATES PARTICIPATING IN THE NMTC PROGRAM. IN CONNECTION WITH THE NMTC PROGRAM, THE ORGANIZATION, ALONG WITH OTHER HABITAT AFFILIATES FORMED THE LLCS LISTED ON SCHEDULE R AS JOINT VENTURES THAT ALLOW PARTICIPATING HABITAT AFFILIATES TO TAKE ADVANTAGE OF NMTC FINANCING. THE LLCS ARE ACCOUNTED FOR USING THE EQUITY METHOD IN ORDER TO PRACTICE CONSISTENT REPORTING FOR THE INVESTMENTS.