Virginia Supportive Housing
- Assets
- $30.8m
- Revenue
- $11.4m
- Investments
- $0.0
- Employees
- 178
- Location
- Richmond, VA
- Founding
- 07/1988
- Data as of
- 12/2021
- EIN
- 54-1444564
Organization Overview
Virginia Supportive Housing is located in Richmond, VA. The organization was established in 1988. 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 12/2021, Virginia Supportive Housing employed 178 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Supportive Housing 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, Virginia Supportive Housing generated $11.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $11.1m during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE END HOMELESSNESS BY PROVIDING PERMANENT HOUSING AND SUPPORTIVE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VSH'S SUPPORTIVE SERVICES FOR VETERAN FAMILIES (SSVF) PROGRAM PROVIDES HOMELESSNESS PREVENTION AND RAPID RE-HOUSING ASSISTANCE TO VETERAN HOUSEHOLDS IN THE CHARLOTTESVILLE, CENTRAL VIRGINIA, AND BALANCE OF STATE REGIONS IN VIRGINIA. IN 2021, THE PROGRAM SERVED 251 UNIQUE VETERAN HOUSEHOLDS CONSISTING OF 389 PERSONS CONTINUING THE TREND OF INCREASED NEED DUE TO THE COVID-19 PANDEMIC. IN 2021 THE VA PROVIDED AN ADDITIONAL CARES GRANT AND BEGAN THE SHALLOW SUBSIDY PROGRAM WHICH PROVIDES LONGER-TERM RENTAL ASSISTANCE TO HOUSEHOLDS THAT IT WOULD BENEFIT. IN 2021, THESE CHANGES ASSISTED 245 HOUSEHOLDS IN EXITING TO PERMANENT HOUSING.
VSH SCATTERED SITE PROGRAMS PROVIDE RENTAL ASSISTANCE AND HOUSING STABILIZATION SUPPORTIVE SERVICES FOR FORMERLY CHRONICALLY HOMELESS INDIVIDUALS WHO RESIDE WITH THIRD-PARTY LANDLORDS IN OUR COMMUNITIES. RICHMOND HOUSING FIRST IS VSH'S LARGEST SCATTERED-SITE PSH PROGRAM AND IN 2021, SERVED 125 HOUSEHOLDS CONSISTING OF 157 PEOPLE. 99% SERVED DID NOT RETURN TO HOMELESSNESS AND OF THE 12 EXITS, 4 WERE TO PERMANENT HOUSING. RICHMOND HOUSING FIRST IS FUNDED THROUGH THREE HUD CONTINUUM OF CARE (COC) COMPETITIVE GRANTS (RHF1, RHF2, AND RHF3) AND RECEIVES ADDITIONAL FUNDING THROUGH A RICHMOND NON-DEPARTMENTAL GRANT, HUD HOPWA FUNDING FOR HOUSEHOLDS WITH A POSITIVE HIV/AIDS DIAGNOSIS, AND MEDICAID REIMBURSEMENT THROUGH THE VSH INTENSIVE COMMUNITY TREATMENT (ICT) TEAM THAT PROVIDES SPECIALIZED CARE FOR HOUSEHOLDS WITH MORE NEEDS TO REMAIN PERMANENTLY HOUSED.
HOMELINK IS VSH'S SECOND SCATTERED-SITE PERMANENT HOUSING PROGRAM SERVING CHRONICALLY HOMELESS HOUSEHOLDS IN RICHMOND. IT IS FUNDED THROUGH A SINGLE CONSOLIDATED HUD CONTINUUM OF CARE (COC) GRANT AND HAS BEEN PERMANENTLY EXPANDED TO SERVE 90 HOUSEHOLDS THOUGH IN 2021 IT SERVED 110 HOUSEHOLDS CONSISTING OF 114 INDIVIDUALS. HOMELINK WAS HEAVILY IMPACTED BY THE PANDEMIC IN 2021: OF THE 12 EXITS THIS YEAR, 7 WERE DUE TO DEATH AND 5 WENT INTO LONG-TERM CARE. THE REMAINING HOUSEHOLDS HOWEVER DID MOVE ON TO OTHER PERMANENT HOUSING DESTINATIONS EVEN WITH THE AFFORDABLE HOUSING INVENTORY IN RICHMOND BEING HEAVILY IMPACTED.
VSH MANAGES MANY OTHER PROGRAMS THAT SUPPORT THE ORGANIZATIONS GOAL OF ENDING HOMELESSNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Bogdanovic Executive Director | Officer | 40 | $155,000 |
Jacqueline Williams Pmh Nurse Practitioner | 40 | $130,000 | |
Jennifer Tiller Director Of Services | 40 | $111,000 | |
Sheila Parker Director Of Property Management | 40 | $111,000 | |
Julie Anderson Director Of Real Estate Development | 40 | $110,000 | |
Julie Lang Controller | 40 | $103,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Arbor Pointe Apts Llc Rents | 12/30/20 | $170,163 |
The Apartments Of Merrimac Llc Rents | 12/30/20 | $144,957 |
Southwood Apartments Llc Rents | 12/30/20 | $506,860 |
Sewells Park Apartments Llc Rents | 12/30/20 | $174,491 |
Ashton Square Apartments Llc Rents | 12/30/20 | $137,693 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,292,080 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,049,024 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,341,104 |
| Total Program Service Revenue | $1,783,145 |
| Investment income | $320,114 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,444,363 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,941,183 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $552,559 |
| Payroll taxes | $357,152 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $21,157 |
| Office expenses | $30,610 |
| Information technology | $76,509 |
| Royalties | $0 |
| Occupancy | $93,449 |
| Travel | $90,224 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,018 |
| Interest | $11,674 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $115,708 |
| Insurance | $74,356 |
| All other expenses | $0 |
| Total functional expenses | $11,114,973 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,212 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,441,868 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $88,575 |
| Net Land, buildings, and equipment | $664,588 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,496,778 |
| Total assets | $30,778,021 |
| Accounts payable and accrued expenses | $137,593 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $2,346,207 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,435,391 |
| Total liabilities | $3,919,191 |
| Net assets without donor restrictions | $26,773,866 |
| Net assets with donor restrictions | $84,964 |
| 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 | $30,778,021 |
Grants Recieved
Over the last fiscal year, we have identified 22 grants that Virginia Supportive Housing has recieved totaling $745,723.
| Awarding Organization | Amount |
|---|---|
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $131,000 |
Sentara Healthcare Norfolk, VA PURPOSE: END HOMELSSNESS BY PROVIDING PERMANENT HOUSING | $121,000 |
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $114,100 |
United Way Of South Hampton Roads Norfolk, VA PURPOSE: GRANTS AWARDED | $65,358 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $63,908 |
Annabella R Jenkins Foundation Richmond, VA PURPOSE: PROJECT SUPPORT: SUPPORTIVE SERVICES FOR CLIENTS WITH MENTAL HEALTH CONDITIONS OR SUBSTANCE USE DISORDERS - RVA 2021 | $50,000 |
Endowment Analysis
| Beg. Balance | $110,870 |
| Earnings | $33,252 |
| Admin Expense | $1,400 |
| Ending Balance | $142,722 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Enterprise Community Development Inc Columbia, MD | $150,433,261 | $43,987,858 |
Skill Creations Inc Goldsboro, NC | $13,834,048 | $44,435,808 |
Renewal Housing Inc North Bethesda, MD | $14,557,789 | $3,551,240 |
Habitat For Humanity International Inc Raleigh, NC | $48,704,094 | $32,190,331 |
Montage Living Charlotte, NC | $133,680,991 | $23,940,845 |
Washington Housing Conservancy Inc Washington, DC | $420,260,184 | $21,973,797 |
Ahc Inc Arlington, VA | $252,147,992 | $33,394,070 |
Habitat For Humanity International Inc Charlotte, NC | $71,967,554 | $27,686,341 |
Frontline Community Services Inc Beltsville, MD | $6,957,560 | $20,985,182 |
Montgomery Housing Partnership Inc Silver Spring, MD | $117,127,971 | $17,924,784 |
Enterprise Community Loan Fund Inc Columbia, MD | $332,804,742 | $25,996,753 |
Shelter House Inc Reston, VA | $6,743,159 | $14,877,410 |