2025-08-08T08:37:14+00:00 2024-09-30 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-10-01 521224684 Trolinger House Inc TROL 5405529176 2607 WARM HEARTH DRIVE NO 100 Blacksburg VA 24060 MOLLY J NEVITT CFO 2025-08-08 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 1333271 false X WWW.RETIRE.ORG X 1980 VA Housing for elderly and handicapped. 17 17 0 0 0 0 6299 7387 1288252 1324877 425 807 471 200 1295447 1333271 0 0 0 0 0 0 0 0 0 1449607 1519623 1449607 1519623 -154160 -186352 1744603 1584516 3117976 3144241 -1373373 -1559725 Housing for elderly and handicapped. false false 1216728 1324877 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 102 units. 1216728 true true false false false false false false false true false false true 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 6 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 J Nevitt 5404433403 2607 Warm Hearth Drive 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 7387 7387 Tenant Assistance Payments 623000 790635 790635 Tenant Rent Payments 623000 417716 417716 Cable TV and Phone Service 623000 84903 84903 Service Coordinator Revenue 623000 31148 31148 Damages & Cleaning Fees 623000 475 475 0 0 0 0 1324877 807 807 0 0 0 0 200 0 0 200 200 1333271 1324877 0 1007 543 543 14561 14561 97565 81855 15710 0 2190 2190 101079 60386 40693 22265 22265 122457 113001 9456 6879 5906 973 63944 63944 238497 238497 36881 36881 Shared Services 736350 539846 196504 Food 61453 61453 Repairs and Maintenance 14959 14959 0 0 0 0 1519623 1216728 302895 0 97256 46739 25231 22148 0 0 5751870 4377814 1494890 1374056 0 0 127226 141573 1744603 1584516 95766 97027 9178 7297 0 1872295 1788526 1140737 1251391 3117976 3144241 X -1373373 -1559725 -1373373 -1559725 1744603 1584516 -186352 0 X X false true X true true true X 8049 6259 916 6299 7387 28910 0 0 1181287 1166129 1228177 1288252 1324877 6188722 0 1189336 1172388 1229093 1294551 1332264 6217632 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6217632 148 62 32 425 807 1474 0 148 62 32 425 807 1474 0 0 0 0 0 0 0 1189484 1172450 1229125 1294976 1333071 6219106 0.9998 0.9998 0 0.0002 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 118932 118932 4682262 3638966 1043296 326367 253646 72721 624309 485202 139107 1374056 Reserve for replacements 101103 Security deposits 40470 141573 Due to affiliates 1210921 Tenants' Security Deposits 40470 1251391 X 1333271 0 0 1333271 0 0 1333271 1519623 0 0 1519623 0 0 1519623 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 Accounts for Uncertainty in Income Taxes. Management believes 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 of 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 organization's 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 regular 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 interests 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 re-election 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: 200, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 200; Form 990, Part XII, Line 2c Change of oversight process or selection process The process has not changed from the prior year. Warm Hearth Inc 2607 Warm Hearth Drive Suite 100 Blacksburg VA 24060 237378013 Housing VA 501(c)(3) 10 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 New River House Inc 2607 Warm Hearth Drive Suite 100 Blacksburg VA 24060 521257779 Housing VA 501(c)(3) 10 NA false New Century Housing Inc 2607 Warm Hearth Drive Suite 100 Blacksburg VA 24060 311788636 Housing VA 501(c)(4) 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 Founders Forest Inc 2607 Warm Hearth Drive Suite 100 Blacksburg VA 24060 541185224 Housing VA 501(c)(4) NA false false false true false true false false false false false true false false true true true false false false