Hampton Roads Housing Assistants Inc is located in Chesapeake, VA. The organization was established in 2018. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hampton Roads Housing Assistants Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ASSISTANCE TO FIRST TIME HOME BUYERS TO OBTAIN HOMEOWNERSHIP AND PROVIDE A SECOND CHANCE FOR PEOPLE WHO LOST THEIR HOME OR DESIRE TO PURCHASE A SECOND HOME BY ASSISTING WITH THE DOWN PAYMENT, CLOSING COSTS, AND GUIDANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTANCE TO FIRST TIME HOME BUYERS FOR OBTAINING HOMEOWNERSHIP AND PROVIDING A SECOND CHANCE FOR PEOPLE WHO LOST THEIR HOME OR DESIRE TO PURCHASE A SECOND HOME BY ASSISTING WITH THE DOWN PAYMENT, CLOSING COSTS, AND GUIDANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vonda Merrill Secretary | Officer | 0 | $0 |
Charlie Simmons Vice Chair | Officer | 0 | $0 |
Anthony Horner President | Officer | 0 | $0 |
Freda Marshall Director | Trustee | 0 | $0 |
Sheila Kearney Director | Trustee | 0 | $0 |
Daryl Mann Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $1,030,750 |
Investment income | $0 |
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 | $1,030,750 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $3,500 |
Fees for services: Legal | $4,766 |
Fees for services: Accounting | $1,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $872,656 |
Advertising and promotion | $403 |
Office expenses | $584 |
Information technology | $635 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $548 |
All other expenses | $1,681 |
Total functional expenses | $888,669 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,139 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $135,942 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $169,727 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $311,808 |
Accounts payable and accrued expenses | $0 |
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 | $169,727 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $169,727 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $142,081 |
Total liabilities and net assets/fund balances | $311,808 |
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Eastern West Virginia Community Action Inc Moorefield, WV | $1,421,827 | $4,960,389 |
Dhic Inc Raleigh, NC | $31,965,470 | $6,009,696 |
Habitat For Humanity International Leesburg, VA | $1,817,454 | $3,499,520 |
Housing Initiative Partnership Inc Hyattsville, MD | $6,736,869 | $3,837,345 |
National Community Stabilization Trust Llc Washington, DC | $3,856,254 | $2,826,968 |
Promise Development Corporation Memphis, TN | $5,823,077 | $3,033,896 |
Habitat For Humanity International Inc Fredericksburg, VA | $1,919,221 | $2,299,173 |
Housing Oriented Ministries Established For Services Inc Whitesburg, KY | $4,625,979 | $1,907,969 |
Crossroads Corp For Affordable Housing And Community Dev Inc Charlotte, NC | $3,590,675 | $1,496,977 |
Rebuilding Together Montgomery County Inc Gaithersburg, MD | $841,323 | $1,634,994 |
Millbrook Homes Inc Winstonsalem, NC | $1,657,494 | $820,182 |
Hampton Roads Housing Assistants Inc Chesapeake, VA | $311,808 | $1,030,750 |