2025-08-07T10:21:21+00:00 2024-09-30 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-10-01 521257779 New River House Inc NEWR 5405529176 2607 WARM HEARTH DRIVE NO 100 BLACKSBURG VA 24060 MOLLY NEVITT CFO 2025-08-07 true true Amy Bibby P00445891 8282542254 2025-07-23 2023 2025-03-06 01:10:19Z WILLIAM LESTER 2607 WARM HEARTH DRIVE NO 100 BLACKSBURG VA 24060 624142 false X WWW.RETIRE.ORG X 1982 VA Housing for elderly and handicapped. 17 17 0 0 0 0 1741 3693 583336 619396 106 216 313 837 585496 624142 0 0 0 0 0 0 0 0 0 682339 710379 682339 710379 -96843 -86237 777942 692882 1622239 1623416 -844297 -930534 Housing for elderly and handicapped. false false 547662 619396 The corporation provides affordable housing for elderly and handicapped individuals qualifying for rental assistance under Section 8 of the National Housing Act. The facility has 42 units. 547662 true false false false false false false false false true false false false true true true true false false false false 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 true 3 0 true 0 false false false false false false false false false false false false X 17 17 false false false false false false false true true false false false true true true true true false false false VA X MOLLY NEVITT 5405529176 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 Allan Bookout Vice Chairman / Treasurer 0.5 3.5 X X 0 0 0 Ed Spencer Chair 0.5 3.5 X X 0 0 0 Hing-Har Lo Secretary 0.5 3.5 X X 0 0 0 William Price Vice Chairman 0.5 3.5 X X 0 0 0 Bridget McMahon Director 0.5 3.5 X 0 0 0 Charles Johnson Director 0.5 3.5 X 0 0 0 Heather Ducote Director 0.5 3.5 X 0 0 0 Jason Pospichal Director 0.5 3.5 X 0 0 0 Karen Hanks Director 0.5 4.0 X 0 0 0 Katherine Allen Director 0.5 3.5 X 0 0 0 Meg Stone Director 0.5 3.5 X 0 0 0 Mike Spears Director 0.5 4.0 X 0 0 0 Pamela Teaster Director 0.5 3.5 X 0 0 0 Richard Shepherd Director 0.5 3.5 X 0 0 0 Savanna Dyer Director 0.5 3.5 X 0 0 0 Thomas Pierce Director 0.5 4.0 X 0 0 0 Tommy McDearis Director 0.5 3.5 X 0 0 0 Molly Nevitt CFO 0.5 39.5 X 0 148246 3923 William Lester President and CEO 0.5 39.5 X 0 185761 5248 Alison Trigg Showalter Admin 0.5 39.5 X 0 105534 499 Kevin Sands RN Director 0.5 39.5 X 0 106749 3140 Shaunna Andrews Director of Nursing 0.5 39.5 X 0 103685 2061 Tambra Dixon VP of Philanthropy 0.5 39.5 X 0 120181 3317 Walter Williams Director of Network Services 0.5 39.5 X 0 107463 3292 0 877619 21480 0 false true false 0 3693 3693 Tenant Assistance Payment 623000 309266 309266 Tenant Rent Payments 623000 203092 203092 Corporate Office Sublease 623000 35592 35592 Utility Payments 623000 37155 37155 HUD Service Coordinator 623000 34291 34291 0 0 0 0 619396 216 216 0 0 0 0 837 0 0 837 837 624142 619396 0 1053 360 360 6471 6471 58196 50802 7394 0 1095 1095 63583 26366 37217 12829 12829 38052 38052 3241 2756 485 31933 31933 101080 101080 18413 18413 Shared Services 344515 247649 96866 Food 24292 24292 Repairs & Maintenance 6319 6319 0 0 0 0 710379 547662 162717 0 89432 79183 56488 62911 22894 19413 0 0 0 2335663 1804288 609128 531375 0 0 0 0 777942 692882 42583 47094 4815 3274 0 935442 893550 639399 679498 1622239 1623416 X -844297 -930534 -844297 -930534 777942 692882 -86237 0 X X false true X true false X 3231 3818 275 1741 3693 12758 0 0 517265 517328 609737 583336 619396 2847062 0 520496 521146 610012 585077 623089 2859820 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2859820 19 9 10 106 216 360 0 19 9 10 106 216 360 0 0 0 0 313 837 1150 520515 521155 610022 585496 624142 2861330 0.9995 0.9998 0 0.0001 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - 313.0, COLUMN E - 837.0, COLUMN F - 1150.0; 59197 59197 1890073 1498040 392033 155732 123431 32301 230661 182817 47844 531375 Due to Affiliates 663266 SECURITY DEPOSITS 16232 679498 X 624142 0 0 624142 0 0 624142 710379 0 0 710379 0 0 710379 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The purpose of the Organization is to promote charitable purposes and therefore the Organization is exempt from taxes under the provisions of Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes has been made in the accompanying financial statements. Management has evaluated the effect of the guidance provided by U.S. GAAP on accounting for uncertainty in income taxes. Management believes that the Organization continues to satisfy the requirements of a tax-exempt organization. Management has evaluated all other tax positions that could have a significant effect on the financial statements and determined the Organization had no significant uncertain income tax positions at September 30, 2024 and 2023. false false false false false false true false false William Lester President and CEO 0 171746 0 14015 0 0 0 5248 0 0 0 191009 0 0 Molly Nevitt CFO 0 129726 0 18520 0 0 0 3923 0 0 0 152169 0 0 Schedule J, Part I, Line 6b Compensation contingent on net earnings of a related organization There is a tiered bonus pool for the CEO based on the net earnings of all 9 organizations. It is paid through Warm Hearth, Inc. Form 990, Part VI, Line 15 Warm Hearth, a related organization, compensates the officers and employees. A committee of the board of directors is appointed to review the compensation levels of officers and key employees and for establishing the new pay rates of these employees. Compensation is compared with salary survey information available from national trade associations engaged in similar activities. The compensation level is determined by consensus of the committee and reported to human resources. Form 990, Part VI, Line 11b Review of form 990 by governing body A copy of the return is provided to the finance committee of the board of directors prior to filing. The finance committee discusses the 990 at their regularly scheduled meeting in May of each year. The finance committee is responsible for receiving the audit reports of the independent auditor and reviewing the Form 990 prepared by the independent accountants. The finance committee reports back to the board of directors any recommendations or findings of their study. Form 990, Part VI, Line 12c Conflict of interest policy The employee handbook has a statement of the code of conduct and the conflict of interest policy. The board member orientation materials include this information as well. The employees are asked to review this policy as a part of their annual performance review and board members are requested to update their commitment to this policy upon reelection to a new term. Form 990, Part VI, Line 19 Required documents available to the public Form 990 is available upon request. The governing documents, financial statements, and conflict of interest policy is not available for public inspection. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue miscellaneous - Total Revenue: 837, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 837; Form 990, Part XII, Line 2c Change of oversight process or selection process The process has not changed from the prior year. Founders Forest Inc 2607 Warm Hearth Drive Suite 100 Blacksburg VA 24060 541185224 Housing VA 501(c)(4) NA false New Century Housing Inc 2607 Warm Hearth Drive Suite 100 Blacksburg VA 24060 311788636 Housing VA 501(c)(4) NA false NRV Nursing Center 2607 Warm Hearth Drive Suite 100 Blacksburg VA 24060 311583073 Health Care VA 501(c)(3) 10 NA false Showalter Memorial Health Center 2607 Warm Hearth Drive Suite 100 Blacksburg VA 24060 541185223 Housing VA 501(c)(3) 10 NA false Trolinger House Inc 2607 Warm Hearth Drive Suite 100 Blacksburg VA 24060 521224684 Housing VA 501(c)(3) 10 NA false Warm Hearth at Home 2607 Warm Hearth Drive Suite 100 Blacksburg VA 24060 464213353 Home Care VA 501(c)(3) 10 NA false Warm Hearth Foundation 2607 Warm Hearth Drive Suite 100 Blacksburg VA 24060 541639629 Support VA 501(c)(3) Type I NA false Warm Hearth Inc 2607 Warm Hearth Drive Suite 100 Blacksburg VA 24060 237378013 Housing VA 501(c)(3) 10 NA false false false true false true false false false false true false false false true true true false false false