2024-11-15T13:57:30-08:00 2023-12-31 932394153 Yeager & Company CPAs PLLC 445 Battlefield Blvd N Chesapeake VA 23320 990 2023-01-01 541549785 HAMPTON ROADS DEVELOPMENT CORPORATION HAMP 7575492000 PO Box 16426 Chesapeake VA 233286426 H Scott Hardison Managing Director 7575492000 2024-11-14 true true Zoya Fuller CPA P01275543 7574364708 2024-11-15 2023 2024-10-15 13:58:12Z Matthew Hardison 1304 Laurel Ridge Lane Chesapeake VA 23322 304200 false X N/A X 1988 VA To provide affordable low income housing to residents of the Hampton Roads area. 4 3 1 0 0 0 0 64415 75824 35091 30498 10614 27939 110120 134261 0 0 140863 116260 0 0 173416 148389 314279 264649 -204159 -130388 1688970 1664703 414019 446347 1274951 1218356 To provide affordable low income housing to residents of the Hampton Roads area. false false 164227 0 75823 Provide affordable low income housing 164227 true false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 1 true false false false false false false false false false false X 4 3 true false false false false true false true true false false true true true true false false false false false X H Scott Hardison 7577243270 PO Box 2960 Chesapeake VA 23327 Matthew Hardison President 2.00 X 0 0 0 Scott Graves Sec/Treas. 2.00 X 0 0 0 James Resolute Vice President 1.00 X 0 0 0 H Scott Hardison Managing Director 40.00 X X 108004 0 0 108004 0 0 1 false false false 75824 0 0 75824 27889 0 0 96333 92185 4148 4148 4148 80363 77754 2609 2609 2609 0 0 23791 23791 0 0 23791 134261 134261 0 0 108003 75602 32401 0 8257 5780 2477 0 4125 0 4125 0 2290 0 2290 0 490 490 0 0 10021 10021 0 0 39866 31772 8094 0 11578 6690 4888 0 Equipment storage & rental 4007 4007 0 0 Auto expense 8759 7007 1752 0 Property taxes 11367 9094 2273 0 MLS fees 1859 0 1859 0 54027 13764 40263 0 264649 164227 100422 0 23140 15795 3046 3633 1375176 517868 897175 857308 765609 787967 1688970 1664703 6670 6490 407349 439857 414019 446347 X 1274951 1218356 1274951 1218356 1688970 1664703 -130388 71933 X false false false X 0 0 0 0 0 0 0 62294 64693 60538 64415 251940 84981 324238 95602 110120 614941 0 147275 388931 156140 174535 866881 0 0 0 866881 58081 39530 79283 35091 211985 58081 39530 79283 35091 211985 0 0 0 0 0 1078866 0.80350 0.78250 0.19650 0.21750 X 198204 100266 298470 533458 401800 388646 546612 141448 129222 12226 857308 Pt IV, Line 2b This amount represents security deposits held on rental properties. Pt VI, Line 2 President, Matthew Hardison is the son of the Managing Pt VI, Line 2 Director H. Scott Hardison. Pt VI, Line 7a Current board members would select any new or replacement Pt VI, Line 7a board members Pt VI, Line 11b A copy of the 990 is available to all board members Pt VI, Line 12c Conflict of interest policy compliance is monitored and Pt VI, Line 12c enforced by making sure all directors, officers and management Pt VI, Line 12c employees are aware of the policy, aware of areas in which Pt VI, Line 12c conflict may arise and understand the nature of conflicting Pt VI, Line 12c interest. Directors, officers and management employees are Pt VI, Line 12c required to submit a Conflict of Interest Disclosure Statements. Form 990, Part IX, Line 24e Telephone expense 1582. 0. 1582. 0. Form 990, Part IX, Line 24e Charitable contributions 27825. 0. 27825. 0. Form 990, Part IX, Line 24e Dues & Subcriptions 5089. 0. 5089. 0. Form 990, Part IX, Line 24e Property Mgmt exp for rentals 6218. 6218. 0. 0. Form 990, Part IX, Line 24e Utilities for rentals 4643. 4643. 0. 0. Form 990, Part IX, Line 24e Repairs and maintenance rentals 22639. 20423. 2216. 0. Form 990, Part IX, Line 24e Meals and entertainment expense 1692. 0. 1692. 0. Form 990, Part IX, Line 24e Less Depreciation on rental -15849. -17708. 1859. 0. Form 990, Part IX, Line 24e Bank fees 188. 188. 0. 0.