2024-02-02T12:35:49-06:00 2023-06-30 582676261 Rogers & Company PLLC 8300 Boone Boulevard Suite 600 Vienna VA 22182 990 2022-07-01 541060634 New Hope Housing Inc NEWH 7037992293 8407-E Richmond Highway Alexandria VA 223092426 Ashley McSwain CEO 7037992293 2024-02-01 1 Ashley McSwain XXX-XX-XXXX 1 Yong Zhang CPA P01249785 7038930300 2024-01-30 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Ashley McSwain 8407-E Richmond Highway Alexandria VA 223092426 11848049 0 X www.newhopehousing.org X 1978 VA Provides homeless individuals and families with shelter and tools to build a better life. 11 11 277 1399 0 0 3514948 3294557 8362029 8099589 280 353535 105083 7032 11982340 11754713 0 0 0 0 7029619 6723135 0 0 172166 5159669 5278640 12189288 12001775 -206948 -247062 4452442 4729478 1856631 2380729 2595811 2348749 The mission of New Hope Housing is to provide homeless families and individuals shelter and the tools to build a better life. The vision we work for is a home and bright future for every man, woman and child in our community. 0 0 10795202 8099589 New Hope Housing, Inc. is an innovative, award-winning human services agency in northern Virginia providing shelter, rapid rehousing and permanent supportive housing, support services and outreach programs for individuals experiencing homelessness. as well as prevention assistance for those at imminent risk of becoming homeless. New Hope Housing is committed to finding creative and lasting solutions to end the cycle of homelessness by offering homeless men and women the services they need to change their lives and succeed. And each individual success story contributes to a stronger, healthier community for all. New Hope Housing serves approximately 1,500 individuals each year in Arlington, Alexandria, Fairfax, and Falls Church. 10795202 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 310 0 1 277 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X X X Daphne Edwin 7037992293 8407-E Richmond Highway Alexandria VA 223092426 X Hubert Bagley President 2.00 X X 0 0 0 Ilona Birenbaum President Elect & VP (from 1/2023) 2.00 X X 0 0 0 Denise Mackie-Smith Immediate Past President 2.00 X X 0 0 0 Jim McCabe Treasurer 2.00 X X 0 0 0 Charade Estes Secretary 2.00 X X 0 0 0 Sean Clark Director 2.00 X 0 0 0 Stephanie Johnson Director 2.00 X 0 0 0 Eric Kelly Director 2.00 X 0 0 0 Paul Stanford Director 2.00 X 0 0 0 Ambreen Rizvi Director 2.00 X 0 0 0 Lianne Wang Director 2.00 X 0 0 0 Nyree Wright Director 2.00 X 0 0 0 Ashley McSwain CEO (Starting 06/23) 40.00 X 0 0 0 William Gorman Alacritas Advisors Interim Exec. Dir. (ending 06/23) 40.00 X 0 0 0 0 0 0 0 0 0 0 Alacritas Advisors LLC 1717 Pennsylvania Avenue NW Suite Washington DC 20006 Consulting 177000 DNE & Associates PLLC 7449 Fisher Drive Falls Church VA 22043 Accounting Service 122814 2 2247 164793 2353148 774369 293117 3294557 County contract services 624200 7905537 7905537 Client rents 624200 194052 194052 8099589 1419 1419 395565 43449 352116 352116 352116 2556 164793 49887 -47331 -47331 Other income 900099 54363 54363 54363 11754713 8099589 0 360567 5642170 5363922 179109 99139 71831 67405 2625 1801 568065 546011 12153 9901 441069 410515 23403 7151 188898 188898 10612 10612 91462 77647 13815 812255 150883 660438 934 18718 18718 336681 260737 25132 50812 1790 1790 2697697 2697659 38 2625 2625 101539 101539 113737 113737 Food & program supplies 366929 365429 990 510 Donated food and suppli 293117 293117 Client services 195626 195044 582 Staff training 43898 42749 1074 75 3056 941 310 1805 12001775 10795202 1034407 172166 648844 2948 654779 376492 468670 566831 928935 1867701 19075 18397 3440144 1667543 1732139 1772601 0 124508 4452442 4729478 582943 915187 1065072 1157942 146163 116931 62453 190669 1856631 2380729 X 2595811 2348749 2595811 2348749 4452442 4729478 -247062 0 X X 0 1 X 1 1 1 X 2281744 2474716 4342693 3514948 3294557 15908658 2281744 2474716 4342693 3514948 3294557 15908658 15908658 11922 2566 1128 280 1419 17315 63727 57971 301350 151514 56919 631481 16557454 38573082 0.96080 0.95760 X Schedule A, Part II, Line 10, Explanation of Other Income: Other income - 2018 Amount: $ 35,608. 2019 Amount: $ 57,971. 2020 Amount: $ 298,970. 2021 Amount: $ 149,227. 2022 Amount: $ 54,363. Fundraising income - 2018 Amount: $ 28,119. 2020 Amount: $ 2,380. 2021 Amount: $ 2,287. 2022 Amount: $ 2,556. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 695364 695364 2154423 1320179 834244 590357 347364 242993 1772601 Client funds payable 62453 Lease liabilities - office operating lease 53679 Lease liabilities - equipment operating lease 71569 Refundable Advances 2968 190669 X 11804600 49887 49887 11754713 0 11754713 12051662 49887 49887 12001775 0 12001775 Part X, Line 2: Management evaluated the Organization's tax positions and concluded that the Organization's financial statements do not include any uncertain tax positions. It is the Organization's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense. Part XI, Line 2d - Other Adjustments: Fundraising expense on line 8b 49,887. Part XII, Line 2d - Other Adjustments: Fundraising expense on line 8b 49,887. Over The Edge / Rappelling 167349 164793 2556 2556 1794 10700 34837 167349 164793 2556 2556 1794 10700 34837 49887 -47331 Alacritas Advisors see Part V 165000 0 Sch L, Part IV, Business Transactions Involving Interested Persons: (a) Name of Person: Alacritas Advisors(b) Relationships: William Gorman, Interim CEO, is a key employee ofAlacritas Advisors.(d) Description of Transaction: Alacritas Advisors performs Interim CEO management duties under the supervision of the Board. The Interim CEO duties include the hiring, firing, and supervising of personnel, and the planning and execution of budgets. X 146610 Fair market value X 884 146507 Fair market value 0 0 0 Form 990, Part VI, Section A, line 3 Alacritas Advisors and Helios HR perform various management duties under the supervision of the Board. Alacritas Advisors duties include the hiring, firing and supervising of personnel, the planning and execution of budgets. Fees paid to Alacritas Advisors for FY23 is $165,000. Form 990, Part VI, Section B, line 11b A copy of the Form 990 is first reviewed and approved by the Executive Director. Upon the Executive Director's approval, it is forwarded to the Finance Committee and the entire Board of Directors prior to submission to the IRS. Form 990, Part VI, Section B, line 12c Each director and officer is required to review a copy of the conflict of interest policy, which requires each person to disclose any relationships, position or circumstances in which he or she believes could contribute to a conflict. Form 990, Part VI, Section B, line 15 The Board directs the Director of Human Resources to conduct a comparison of market salaries in order to determine raises for executive staff. Form 990, Part VI, Section C, line 18 Form 990 is available for public inspection on the Organization's website and upon request. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.