2024-03-05T08:31:14-06:00 2023-06-30 440160260 FORVIS LLP 901 EAST CARY STREET SUITE 1000 RICHMOND VA 23219 990 2022-07-01 541963797 VIRGINIA EQUAL HOUSING FOUNDATION VIRG 8043540641 626 E BROAD STREET SUITE 400 RICHMOND VA 23219 THOMAS OKUDA FITZPATRICK EXECUTIVE DIRECTOR 8043540641 2024-02-29 1 THOMAS OKUDA FITZPATRICK 999009999 1 LAKRISHA J CASTLEBERRY P01677333 8042827636 2024-02-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z THOMAS OKUDA FITZPATRICK 626 E BROAD STREET SUITE 400 RICHMOND VA 23219 1700886 0 X N/A X 1999 VA THE VIRGINIA EQUAL HOUSING FOUNDATION WAS FORMED FOR THE BENEFIT OF ITS RELATED PARTY, HOUSING OPPORTUNITIES MADE EQUAL OF VIRGINIA, INC., A 501(C)(3) TAX-EXEMPT ORGANIZATION. THE MISSION FOR BOTH ORGANIZATIONS IS TO ENSURE EQUAL ACCESS TO HOUSING. 7 7 0 9 0 0 0 0 0 0 330766 242581 0 0 330766 242581 337618 499662 0 0 0 0 0 0 0 57170 51354 394788 551016 -64022 -308435 10036787 10111560 609442 234857 9427345 9876703 TO PROVIDE LONG-TERM PROGRAM SUPPORT FOR HOUSING OPPORTUNITIES MADE EQUAL OF VIRGINIA, INC. 0 0 499662 499662 GENERAL PROGRAM SUPPORT FOR HOUSING OPPORTUNITES MADE EQUAL OF VIRGINIA, INC. 499662 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 VA X ANDREW J HAUGH CPA 8043540641 626 E BROAD STREET SUITE 400 RICHMOND VA 23219 X MEGHAN F HARRIS CHAIR 1.00 1.00 X X 0 0 0 AGUSTIN E RODRIGUEZ CHAIR - DEC 2022 1.00 1.00 X X 0 0 0 CHRISTY OMARZAI SECRETARY 1.00 1.00 X X 0 0 0 ELIZABETH GREENFIELD TREASURER 1.00 1.00 X X 0 0 0 ADAM NORTHUP DIRECTOR 1.00 1.00 X 0 0 0 MARIANNE S MCGHEE DIRECTOR 1.00 1.00 X 0 0 0 DESSIE B NASH DIRECTOR 1.00 1.00 X 0 0 0 SHARON STEWART-MURPHY DIRECTOR 1.00 1.00 X 0 0 0 0 0 0 0 0 0 0 0 236369 236369 1464517 1458305 6212 6212 6212 242581 0 0 242581 499662 499662 48260 48260 3069 3069 CORP REGISTRATION FEE 25 25 551016 499662 51354 0 614935 149218 9421852 9962342 10036787 10111560 609442 234857 609442 234857 X 9427345 9876703 9427345 9876703 10036787 10111560 -308435 757793 0 X X 0 1 X 1 0 X X 1 HOUSING OPPORTUNITIES MADE EQUAL INC 237303018 7 1 499662 0 1 499662 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA; ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. 1 HOUSING OPPORTUNITIES MADE EQUAL OF VIRGINIA INC 626 E BROAD STREET SUITE 400 RICHMOND VA 23219 237303018 501(C)(3) 499661 0 TO ENSURE EQUAL ACCESS TO HOUSING 1 PART I, LINE 2: FUNDING FOR HOUSING OPPORTUNITES MADE EQUAL, INC. (H.O.M.E) IS APPROVED EVERY YEAR DURING THE BUDGET PROCESS. THE CFO TRACKS HOW MUCH FUNDS ARE GIVEN TO HOME ON A MONTHLY BASIS. IF H.O.M.E REQUIRES ADDITIONAL FUNDS, THE BOARD MUST APPROVE THE INCREASE. THE VEHF BOARD APPROVED AN ENDOWMENT SPENDING POLICY IN JUNE 2013 IN ORDER TO PRESERVE THE FOUNDATION RESOURCES. THE POLICY ESTABLISHES SUSTAINABLE DRAW-DOWN'S CONSISTENT WITH THE OVERALL RISK TOLERANCE OF THE FOUNDATION. THE GOAL IS TO PROVIDE ANNUAL SUPPORT TO HOME THAT DOES NOT EXCEED 5% OF A 3 YEAR MOVING AVERAGE OF THE ENDOWMENT MARKET VALUE BEGINNING IN FISCAL YEAR 2016 AND BEYOND. FORM 990, PART VI, SECTION A, LINE 7A THE DIRECTORS OF VEHF ARE APPOINTED BY THE BOARD OF DIRECTORS OF HOUSING OPPORTUNITIES MADE EQUAL AND VACANCIES IN THE BOARD OF DIRECTORS MAY BE FILLED AT ANY TIME BY THE BOARD OF DIRECTORS OF HOUSING OPPORTUNITIES MADE EQUAL. FORM 990, PART VI, SECTION A, LINE 7B THE DIRECTORS OF VEHF ARE APPOINTED BY THE BOARD OF DIRECTORS OF HOUSING OPPORTUNITIES MADE EQUAL AND VACANCIES IN THE BOARD OF DIRECTORS MAY BE FILLED AT ANY TIME BY THE BOARD OF DIRECTORS OF HOUSING OPPORTUNITIES MADE EQUAL. DIRECTORS MAY BE REMOVED, WITH OR WITHOUT CAUSE, AT ANY TIME BY THE BOARD OF DIRECTORS OF HOUSING OPPORTUNITIES MADE EQUAL. FORM 990, PART VI, SECTION A, LINE 8B VIRGINIA EQUAL HOUSING FOUNDATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B VIRGINIA EQUAL HOUSING FOUNDATION'S ANNUAL TAX RETURN IS PREPARED BY AN INDEPENDENT CPA FIRM WITH ASSISTANCE FROM THE FINANCE STAFF. A DETAILED REVIEW OF THE 990 IS MADE BY THE OFFICERS OF THE VEHF BOARD. THEREAFTER, THE 990 IS MADE AVAILABLE TO THE FULL BOARD IN SUFFICIENT TIME TO ALLOW FOR COMMENT OR ADJUSTMENT, IF NECESSARY. THE RETURN IS THEN SIGNED BY THE EXECUTIVE DIRECTOR AND ELECTRONICALLY SENT TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C VIRGINIA EQUAL HOUSING FOUNDATION REQUIRES ALL BOARD MEMBERS TO SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT, WHICH SETS OUT THE POLICY IN DETAIL AND HOW IT IS APPLIED. FORM 990, PART VI, SECTION C, LINE 19 VIRGINIA EQUAL HOUSING FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION CHANGED NEITHER ITS AUDIT OVERSIGHT PROCESS NOR ITS CPA SELECTION PROCESS DURING THE YEAR. HOUSING OPPORTUNITIES MADE EQUAL OF VIRGINIA INC 626 E BROAD STREET SUITE 400 RICHMOND VA 23219 237303018 TO ENSURE EQUAL ACCESS TO HOUSING VA 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0