2024-07-11T12:40:07-04:00 2023-12-31 208779390 BAS PARTNERS LLC 15800 PINES BLVD Pompano Beach FL 33076 990 2023-01-01 263516121 PURPLE HEART HOMES INC PURP 755 WASHINGTON AVE Statesville NC 28687 JOHN GALLINA CEO 7048384044 2024-05-12 false JOHN GALLINA true Audley Porter P01614049 9542888450 2024-07-11 0 00 AAL2 IAL1 2023 2023-04-26 12:10:37Z JOHN GALLINA 7643824 false X PURPLEHEARTHOMESUSA.ORG X 2008 NC TO HONOR THOSE WHO SERVED BY PROVIDING HOUSING SOLUTIONS AND EMPLOYMENT OPPORTUNITIES TO QUALIFIED VETERANS. 17 17 33 567 0 0 5515839 5514043 352316 384643 -28963 197056 186223 1100672 6025415 7196414 0 0 1608087 1817577 0 1054223 4587444 5649609 6195531 7467186 -170116 -270772 4674096 4146453 783824 526953 3890272 3619500 TO HONOR THOSE WHO SERVED BY PROVIDING HOUSING SOLUTIONS AND EMPLOYMENT OPPORTUNITIES TO QUALIFIED VETERANS. false false 4275180 SEE SCHEDULE O 1165356 SEE SCHEDULE O. 1165356 5440536 true true false false false false false false false true true false false true true false true false false false false false false false true false false false false false false false false false false false false false true false false false false false false false false true 77 0 33 true false false false false false true true false false false false false false false false false false false X 17 17 false false false false false false true false false false false true true true true true true true true false AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY X X TIM MANGUM 7048384044 755 WASHINGTON AVENUE Statesville NC 28687 JOHN GALLINA CEO 40.00 0.00 X 127000 0 0 TIM MANGUM CAO 40.00 0.00 X 99000 0 0 ANTHONY P COCKERHAM CDO 40.00 0.00 X 83000 0 0 KERRY LAWING COO 40.00 0.00 X 82000 0 0 JACK BORDERS EVP-DONOR REL 40.00 0.00 X 73000 0 0 TIM PARKER EVP 40.00 0.00 X 28000 0 0 SANDI VANWORMER CHIEF LEGALHRO 40.00 0.00 X 22000 0 0 MICHAEL LENNON DIRECTOR 10.00 0.00 X 0 0 0 JESSICA MILLMAN DIRECTOR 10.00 0.00 X 0 0 0 LAURA FORREST DIRECTOR 10.00 0.00 X 0 0 0 JOSH GISI DIRECTOR 10.00 0.00 X 0 0 0 DANIEL SOLIMAN DIRECTOR 10.00 0.00 X 0 0 0 SHERRY YASKIN DIRECTOR 10.00 0.00 X 0 0 0 CRISTINA MOORE DIRECTOR 10.00 0.00 X 0 0 0 SUSAN IFILL DIRECTOR 10.00 0.00 X 0 0 0 RUSSELL RAUCH SECRETARY 10.00 0.00 X 0 0 0 DANICA COIT TREASURER 10.00 0.00 X 0 0 0 DAVE STERNBERG CHAIRMAN 10.00 0.00 X 0 0 0 ESTEBAN MCMAHAN VICE-CHAIR 10.00 0.00 X 0 0 0 CHARLIE EADIE DIRECTOR 10.00 0.00 X 0 0 0 HALA FARID DIRECTOR 10.00 0.00 X 0 0 0 CJ BANNISTER DIRECTOR 10.00 0.00 X 0 0 0 ROBERT BANUELOS DIRECTOR 10.00 0.00 X 0 0 0 514000 0 0 1 false false false 139980 500000 4874063 1276435 5514043 PROJECT MANAGEMENT FEES 624100 384556 384556 E-STORE 624100 18 18 MORTGAGE LATE FEES 624100 69 69 384643 54704 54704 26823 26823 26823 26823 589762 447410 142352 142352 142352 139980 OTHER REVENUE 624100 1073849 1073849 1073849 7196414 1682371 0 0 1817577 942419 459428 415730 311726 7919 1404 302403 116805 9530 69020 38255 108828 39262 24374 45192 11830 303 11435 92 50738 15130 35608 65197 46970 8342 9885 SPECIFIC ASSISTANCE 3666823 3666249 574 COMMUNITY OUTREACH 314000 291028 3967 19005 CONTRACT SERVICES 152221 13469 18409 120343 PROFESSIONAL SERVICES 306792 64282 195082 47428 544649 343975 144784 55890 7467186 5440536 972427 1054223 1542405 327465 77745 276355 146887 160876 31952 456473 1618616 251662 1204420 1366954 60953 69602 1609734 1488728 4674096 4146453 400349 161728 364717 351225 18758 14000 783824 526953 X 3163390 3368572 726882 250928 3890272 3619500 4674096 4146453 -270772 0 X false true X true false X 4508175 3213132 4927771 5515839 5515043 23679960 4508175 3213132 4927771 5515839 5515043 23679960 1862000 21817960 700 66 1225 1605 86768 90364 135500 92327 90722 142352 460901 24231225 0.90040 0.98520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60953 14000 -5241 -110 69602 220 72519 -11040 -526 60953 1052 64317 8743 -541 72519 1082 52000 12817 -500 64317 1000 1.00000 false false 221500 221500 1151054 139809 1011245 246062 111853 134209 1366954 ENDOWMWNT FUNDS 69602 F 69602 SALES TAX 13106 OTHER RECEIVABLES 1034 PURCHASE MONEY MORTGAGE 348097 REAL ESTATE INVENTORY 1034801 MORTGAGE LOAN RECEIVABLE 77690 ROU - OPERATING LEASES 14000 1488728 OPERATING LEASE LIABILITIES 14000 14000 7196414 7196414 7196414 7467186 7467186 7467186 1 189042 189042 49062 189042 189042 49062 49062 139980 X 1 1900 FAIR VALUE X 1 9000 FAIR VALUE X 1 112640 FAIR VALUE X MATERIALS 1 768637 FAIR VALUE 3 false false false Governing body decisions Part VI line 7b THERE ARE GOVERNANCE DECISIONS OF THE ORGANIZATION RESERVED TO MANAGEMENT. Governing body meeting documentation Part VI line 8a THE GOVERNING BODY DOCUMENTS MEETING HELD. Committee meeting documentation Part VI line 8b THE COMMITTEE MEETING ARE DOCUMENTED. Form 990 governing body review Part VI line 11 FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING. Conflict of interest policy compliance Part VI line 12c THE ORGANIZATION DOCUMENTS ITS CONFLICT OF INTEREST POLICIES. CEO executive director top management comp Part VI line 15a THE CEO, EXECUTIVE DIRECTOR AND TOP MANAGEMENT COMPESATION ARE DETERMINED BY THE GOVERNING BOARD OF DIRECTORS. Other officer or key employee compensation Part VI line 15b MANAGEMENT AND BOARD OF DIRECTORS APPROVES COMPENSATION OF KEY EMPLOYEES. Governing documents etc available to public Part VI line 19 FORM 990 , THE AUDITED FINANCIAL STATEMENTS AND ANNUAL REPORT ARE PUBLISHED ON THE ORGANIZATIONS WEBSITE. OTHER GOVERNING DOCUMENTS ARE AVAILABLE ON REQUEST. General explanation attachment FORM 990, PART III, LINE B - PROGRAM SERVICE ACCOMPLISHMENTSVAIP - VETERANS AGING IN PLACEFOR SERVICE-CONNECTED DISABLED VETERANS WHO CURRENTLY OWN A HOME THAT NO LONGER MEETS THEIR PHYSICAL NEEDS, PURPLE HEART HOMES PARTNERS WITH LOCAL VOLUNTEERS IN THE COMMUNITY WITH INTENT OF RESTORING DIGNITY AND QUALITY OF LIFE BY CREATING A SAFE, BARRIER-FREE LIVING ENVIRONMENT. RENOVATIONS ARE PROVIDED AT NO COST TO THE VETERAN. FORM 990, PART III, LINE 4A - PROGRAM SERVICE ACCOMPLISHMENTSCHAPTERS (VAIP)PHH SHIFTED AWAY FROM A STAND-ALONE EIN MODEL AND ABSORBED ITS CHAPTERS INTO PHH HQ. WE WILL STILL HAVE A SIMILAR CHAPTER FOOTPRINT AS YEARS PAST, AND WE WILL CONTINUE TO CREATE NEW CHAPTERS IN TARGET CITIES IN THE UNITED STATES. THE CHAPTERS WILL HAVE THE BACK-OFFICE SUPPORT OF HQ MOVING FORWARD. FORM 990, PART III, LINE 4B - PROGRAM SERVICE ACCOMPLISHMENTSVHOP - VETERANS HOME OPPORTUNITY PROGRAMVHOP IS FOR VETERANS WHO ARE PREPARED TO ACCEPT THE RESPONSIBILITY OF HOMEOWVNERSHIP. THE PROGRAMS PURPOSE IS TO PROVIDE PHH VETERANS WITH NEWLY RENOVATED AND/OR MODIFIED HOMES THAT HAVE BEEN DONATED FROM VARIOUS SOURCES SPECIFICALLY FOR THE VHOP. QUALIFIED VETERANS WILL HAVE THE OPPORTUNITY TO OBTAIN A MORTGAGE AND OWN ONE OF THESE HOMES AT NO MORE THAN 50% OF THE FINAL APPRAISED VALUE OF THE HOME. FORM 990, PART III, LINE 4B - PROGRAM SERVICE ACCOMPLISHMENTSVETERAN TINY HOMES (VHOP)VETERAN TINY HOMES WILL ADDRESS VETERAN HOUSING INSECURITY AND EVEN HOMELESSNESS. PURPLE HEART HOMES IS EXPLORING OTHER OPTIONS TO NOT ONLY USE THESE TINY HOMES TO PPROVIDE HOUSING SOLUTIONS TO SERVE - CONNECTED DISABLED AND AGING VETERANS, BUT TO ALSO COORDINATE WITH STATE CONTINUUM OF CARE TO ADDRESS THE GREATER HOMELESSNESS ISSUE. WE ARE EXPLORING COMMERCIAL SALES OPTIONS THROUGH A MANUFACTURING PARTNERSHIP. THIS WILL BE ANOTHER ORGANIZATIONAL SUSTAINABILITY MEASURE THROUGH WHICH A REVENUE STREAM WILL BE GENERATED FOR PHH. FORM 990, PART III, LINE 4B - PROGRAM SERVICE ACCOMPLISHMENTSRENTAL PROGRAM (VHOP)PURPLE HEART HOMES DEVELOPED A RENTAL PROGRAM FOR THOSE VETERANS WHO MIGHT BE IN A TRANSITIONAL PHASE IN LIFE OR COMING OUT OF A CONGREGATE LIVING ENVIRONMENT AND NOT QUITE READY FOR HOMEOWNERSHIP, BUT ARE READY FOR INDEPENDENT LIVING. THE RENTAL PROGRAM WILL ALSO PROVIDE A RECURRING REVENUE STREAM TO PHH THAT WILL ALLOW THE PROGRAM TO BE SELF-SUSTAINING AND ALLOW PHH TO SERVE MORE VETERANS.