Piedmont Housing Alliance Incorporated

Organization Overview

Piedmont Housing Alliance Incorporated is located in Charlottesville, VA. The organization was established in 1985. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Piedmont Housing Alliance Incorporated employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Piedmont Housing Alliance Incorporated 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 06/2022, Piedmont Housing Alliance Incorporated generated $6.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $4.1m during the year ending 06/2022. While expenses have increased by 8.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CREATE HOUSING AND COMMUNITY DEVELOPMENT OPPORTUNITIES FOR VERY LOW TO MODERATE INCOME FAMILIES AND INDIVIDUALS, TEACH FINANCIAL LITERACY AND MANAGEMENT, HOMEBUYING AND HOMEOWNERSHIP SKILLS, AND ADVOCATES FOR AFFORDABLE HOUSING POLICIES AND PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ASSIST LOW INCOME INDIVIDUALS WITH AFFORDABLE HOUSING.


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Board, Officers & Key Employees

Name (title)Compensation
Sunshine Mathon
Executive Di
$146,227
Charlene Green
Deputy Direc
$112,773
William Bush
CFO
$86,891
Ken Shevlin
Treasurer
$0
Roxanne Carter-Johnston
Vice Preside
$0
Crystal H Napier
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $748,553
All other contributions, gifts, grants, and similar amounts not included above$3,155,741
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,904,294
Total Program Service Revenue$1,465,544
Investment income $242,546
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$12,123
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 $6,545,967

Grants Recieved

Over the last fiscal year, we have identified 16 grants that Piedmont Housing Alliance Incorporated has recieved totaling $5,982,266.

Awarding OrganizationAmount
Charlottesville Area Community Foundation

Charlottesville, VA

PURPOSE: THE PREMIER CIRCLE REDEVELOPMENT PROJECT

$4,250,000
Charlottesville Area Community Foundation

Charlottesville, VA

PURPOSE: THE FRIENDSHIP COURT COMMUNITY RESOURCE CENTER INCLUDING THE EARLY LEARNING CENTER

$500,000
New Venture Fund

Washington, DC

PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY

$330,000
Charlottesville Area Community Foundation

Charlottesville, VA

PURPOSE: RECOVERABLE GRANT IN SUPPORT OF RCDF

$250,000
Charlottesville Area Community Foundation

Charlottesville, VA

PURPOSE: FOR RENOVATIONS AT 405 PREMIER CIRCLE

$200,000
Charlottesville Area Community Foundation

Charlottesville, VA

PURPOSE: GRANT TO PHA FROM UVA FOR PREMIER CIRCLE PROJECT

$200,000
View Grant Recipient Profile

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