2024-11-14T21:43:04-06:00 2023-12-31 BDO USA 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990PF 2023-01-01 203209538 Building Hope Real Estate % LANCE HELMING CF0 BUIL 2024571999 1776 Eye St NW Suite 200 Washington DC 20006 LANCE HELMING CFO 2024571999 2024-11-12 true true JACOB COOK P01240455 7038930600 2024-11-12 2023 2024-10-15 13:58:12Z X 145589475 X 0 X 192399 192399 0 6687744 0 6687744 6880143 192399 6687744 1772598 20063 1752536 0 1928570 11526 1917044 0 640939 5370 635569 0 47291 946 46345 0 153181 7678 145502 0 469186 9384 459803 0 2185291 0 2185291 0 92967 0 92967 0 950740 19015 931726 133766 2675 131090 0 324796 6496 318300 0 23160 463 22697 0 1563116 41506 1521608 0 10285601 125122 10160478 0 0 0 10285601 125122 10160478 0 -3405458 67277 21820623 13166849 13166849 18322059 18048162 18322059 18322059 0 89405 70422 70422 56090587 2243796 47543092 53846791 53846791 22300456 60183354 60183354 109801738 145589475 145589475 2663657 16814228 82830 226716 58193641 79941958 49449591 36090002 110389719 133072904 X 12344682 12516571 12344682 12516571 122734401 145589475 12344682 -3405458 3577347 12516571 12516571 935 935 935 0 0 X 56 991 false false false true false false false true true DC false true false true false true WWW.BUILDINGHOPE.ORG LANCE HELMING CF0 2024571999 1776 EYE ST NW SUITE 200 WASHINGTON DC 20006 false false false false true false false false false false false false false false false false false false false false false false DRU DAMICO 1776 Eye St NW Suite 200 WASHINGTON DC 20006 PRESIDENT 50.0 503145 22162 0 LANCE HELMING 1776 Eye St NW Suite 200 WASHINGTON DC 20006 CFO/TREASURER 44.0 282231 19917 0 MICHAEL D'ALESSANDRO 1776 Eye St NW Suite 200 WASHINGTON DC 20006 SECRETARY 45.0 186386 10622 0 JERRY ZAYETS 1776 Eye St NW Suite 200 WASHINGTON DC 20006 VP RE DEVELOPMENT 50.0 344115 16380 0 WILLIAM Hansen 1776 Eye St NW Suite 200 WASHINGTON DC 20006 CHAIR 21.0 219936 12141 0 ROBIN ODLAND 1776 Eye St NW Suite 200 WASHINGTON DC 20006 DIRECTOR 1.0 0 0 0 RICHARD MORENO 1776 Eye St NW Suite 200 WASHINGTON DC 20006 DIRECTOR 2.0 22302 994 0 S JOSEPH BRUNO 1776 Eye St NW Washington DC 20006 CHAIR (THRU 06/2023) 22.0 214483 6013 0 ELIZABETH J BARLOW GUPTA 1776 I STREET NW WASHINGTON DC 20006 DIR. OF REAL ESTATE 40.0 182118 22500 0 VANESSA ROWAN 1776 I STREET NW WASHINGTON DC 20006 VP OF FINANCE 40.0 191812 11270 0 BRADY HUTCHINS 1776 I STREET NW WASHINGTON DC 20006 DIR OF CONSTR OPS 40.0 202369 0 ILIYA KRUTKO 1776 I STREET NW WASHINGTON DC 20006 DIR, IMPACT INVEST. 40.0 159142 5738 JUSTIN LITTLE 1776 I STREET NW WASHINGTON DC 20006 DIR, REAL ESTATE 40.0 157904 3598 8 Bartlett Cocke General Contractor 8706 LOCKWAY SAN ANTONIO TX 78217 CONSTRUCTION 1023348 OA PETERSON CONSTRUCTION CO INC PO BOX 106 MONTCLAIR NJ 07042 CONSTRUCTION 8785188 MCN BUILD 1214 28TH STREET NW WASHINGTON DC 20007 CONSTRUCTION 6024709 STUDIO 27 ARCHITECTURE 805 15TH ST NW STE 430 WASHINGTON DC 20005 CONSTRUCTION 1147749 AD MORGAN 716 NORTH RENELLE DRIVE TAMPA FL 33609 CONSTRUCTION 1379020 41 SEE PART VI-A, LINE 2 EXPLANATION. 10285601 0 17778181 0 17778181 0 17778181 266673 17511508 875575 X 0 0 3842690 0 0 3842690 X 0 503889 389071 175007 1067967 0 428306 330710 148756 907772 3842690 6410553 6283775 5185099 21722117 3842690 6410553 6283775 5185099 21722117 125793214 107543578 98399961 79641522 411378275 112626365 85722955 79116855 70813212 348279387 0 0 0 0 X LEASE-TYPE SALES 1902749 PROJECT MANAGEMENT FEE INCOME 2804270 SCHOOL LEASE INCOME 1973504 MISCELLANEOUS 1346 14 192399 ALLOCATED INCOME 01 5875 198274 6681869 6880143 1A LEASE-TYPE SALES 1B PROJECT MANAGEMENT FEE INCOME 1C SCHOOL LEASE INCOME 1D MISCELLANEOUS INCOME false false false false false false false false false false AUDIT FEES 153181 7678 145502 0 Building Hope supported the development and successful operation of schools and other educational organizations across the nation, including charter and other grade schools, colleges, and universities, with a particular focus on regions inhabited by low-income, minority, or other historically disadvantaged groups, by (a) providing grants, program-related investments, and credit enhancements/guarantees to schools and other educational organizations; (b) helping schools and other educational organization through the management and deployment of grant programs, program-related investments from philanthropic organizations, and other funders, including state and federal programs; (c) helping school and other educational organizations with site selection, building design, lease/purchase negotiations, financial consultation, construction management, back-office accounting, payroll and human resource support, and other operational services to help them develop, build, operate, and maintain their school facilities; (d) conducting programs and performing outreach to improve academic achievement, stimulate economic development, and improve access to higher education for students at the schools; and (e) acquiring, financing, developing, constructing, and/or leasing facilities for/to schools and other educational organizations, for academic and administrative purposes, as well as community development facilities and organizations (including affordable housing, medical centers, community centers, student housing, workforce low-income housing, training and certification organizations, all in furtherance of section 501(c)(3) charitable purposes, including to advance education, lessen the burdens of government, relieve poverty, eliminate prejudice, reduce neighborhood tension, and combat community deterioration. the state does not accept a copy of the filing. LEGAL FEES 47291 946 46345 0 PNC REAL ESTATE 8231881 5400000 2018-10 2023-03 5.75 EAGLE REAL ESTATE 8621838 2000000 2018-10 NOTE DUE ON DEMAND 7. CITY FIRST REAL ESTATE 4619275 1400000 2018-10 2024-10 3. BANK OF AMERICA MARKET STREET 8376374 0 2019-01 2022-06 3.646 VECTRAZIONS WINDSOR HILL 10489446 12955773 2021-03 2026-03 3.75 BLUE HUB WINDSOR HILL 2784676 2788098 2021-03 2026-03 6.5 CLI CAPITAL ALMEDA GENOA 2800000 0 2021-03 2023-04 6.5 RAZA DEV FUND INC BETTY LANE 6903152 9642052 2021-03 2026-03 5.75 RAZA DEV FUND INC SIEGEN LANE 2137956 17583558 2022-08 2026-09 5.2 CITY NATIONAL BANK CONGRESS AVE 4480000 4344477 2022-09 2027-09 6.17 NJCC NOTE A PENN AVE 9768200 9768200 2022-12 2030-06 4.684 PNC NOTE A PENN AVE 2134200 2134200 2022-12 2030-06 4.684 NJCC NOTE B PENN AVE 3231800 3231800 2022-12 2052-12 4.684 PNC NOTE B PENN AVE 865800 865800 2022-12 2052-12 4.684 BHF AUSTRALIAN 4800000 4800000 2022-05 2027-05 6.5 VECTRA ZIONS WEST ANTHONY 3028000 3028000 2023-12 2028-12 DEFERRED RENT 1887017 32052129 32052129 DUE FROM AFFILIATE 17519968 22040056 22040056 PREDEVELOPMENT COSTS 1200638 4771776 4771776 DEFERRED FINANCING 1098774 903955 903955 OTHER ASSETS 415559 315438 315438 SECURITY DEPOSITS 178500 100000 100000 MARKETING 194308 0 194308 0 GUARANTEE FEES 134040 0 134040 0 INSURANCE 116033 0 116033 0 LICENSES & MEMBERSHIPS 112965 0 112965 0 FACILITIES MANAGEMENT 8726 0 8726 0 ALLOCATED EXPENSES 88231 0 88231 0 REAL ESTATE DEVELOPMENT 71069 0 71069 0 IT 37930 0 37930 0 SUPPLIES 27962 0 27962 0 TELEPHONE & TELECOMMUNICATIONS 25794 0 25794 0 BANK FEES 23117 0 23117 0 MEMBERSHIPS 11787 0 11787 0 BAD DEBT 620550 0 620550 0 MISCELLANEOUS 90604 41506 49096 0 LEASE-TYPE SALES 1902749 0 1902749 PROJECT MANAGEMENT FEES 2804270 0 2804270 SCHOOL LEASE INCOME 1973504 0 1973504 ALLOCATED INCOME 5875 0 5875 MISCELLANEOUS 1346 0 1346 OTHER ADJUSTMENT 630300 UNREALIZED GAIN 2947047 DUE TO AFFILIATE 48112784 34629538 SECURITY DEPOSITS 253000 273000 OTHER LIABILITIES 1083807 1187464 IT FEES 48898 0 48898 0 PAYROLL SERVICE FEES 16489 0 16489 0 OTHER 403799 9384 394416 0 REAL ESTATE TAXES 92967 0 92967 0