Windy Hill Foundation Inc
- Assets
- $11.3m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 9
- Location
- Middleburg, VA
- Founding
- 11/1992
- Data as of
- 12/2021
- EIN
- 54-1244012
Organization Overview
Windy Hill Foundation Inc is located in Middleburg, VA. The organization was established in 1992. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Windy Hill Foundation Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Windy Hill Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Windy Hill Foundation Inc generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES SUBSIDIZED HOUSING AND PROGRAMS FOR LOW INCOME FAMILIES.
Describe the Organization's Program Activity:
THE ORGANIZATION PROVIDED SUBSIDIZED HOUSING AND PROGRAMS FOR LOW INCOME FAMILIES.
THE ORGANIZATION PROVIDED SUBSIDIZED HOUSING AND PROGRAMS FOR LOW INCOME FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Quinn Past President | OfficerTrustee | 5 | $0 |
Lois Johnson-Mead Director | Trustee | 3 | $0 |
Chris Patusky Treasurer | OfficerTrustee | 3 | $0 |
Robert L Banse Secretary | OfficerTrustee | 3 | $0 |
Amy Acors Director | Trustee | 1 | $0 |
Shannon Davis Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Good Works Lp Management Fee | 12/30/18 | $143,760 |
Community Living And Resident Services L Resident Services | 12/30/18 | $262,425 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,625 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $654,445 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $661,070 |
| Total Program Service Revenue | $320,271 |
| Investment income | $111,416 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $81,934 |
| Net Income from Fundraising Events | -$1,508 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,244,616 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $97,313 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $102,689 |
| Compensation of current officers, directors, key employees. | $46,210 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $90,438 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,408 |
| Fees for services: Management | $50,783 |
| Fees for services: Legal | $8,022 |
| Fees for services: Accounting | $36,809 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,376 |
| Fees for services: Other | $3,485 |
| Advertising and promotion | $0 |
| Office expenses | $35,495 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $87,710 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $135,694 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $207,143 |
| Insurance | $27,029 |
| All other expenses | $9,599 |
| Total functional expenses | $1,333,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $565,864 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,127 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,143,021 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,051 |
| Net Land, buildings, and equipment | $3,422,138 |
| Investments—publicly traded securities | $1,309,615 |
| Investments—other securities | $0 |
| Investments—program-related | $2,497,245 |
| Intangible assets | $0 |
| Other assets | $334,719 |
| Total assets | $11,300,780 |
| Accounts payable and accrued expenses | $32,806 |
| Grants payable | $0 |
| Deferred revenue | $55,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,839,163 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $40,202 |
| Total liabilities | $2,967,171 |
| Net assets without donor restrictions | $6,524,588 |
| Net assets with donor restrictions | $1,809,021 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,300,780 |