2025-12-19T20:43:10-08:00 2024-12-31 451677144 Denise B Webb CPA Consulting 8383 Cardova Road Richmond VA 23227 990 2024-01-01 311639517 Restoration of Petersburg Community Development Corp REST 8047336541 418 Halifax Street Petersburg VA 23803 Treva Gordon Treasurer 8047336541 2025-11-01 true true Denise B Webb P01449680 8043070017 2025-12-19 X 2024 2025-03-06 01:10:19Z Shauna Mayo 418 Halifax Street Petersburg VA 23803 312388 false X www.ropcdc.org X 1999 VA The mission of ROPCDC is: To redevelop & revitalize the human & physical capital of the Halifax Community of Petersburg, VA through housing rentals, housing development, economic development, employment 2 1 7 0 0 0 0 189831 164911 -5741 -46873 10211 61450 194301 179488 0 0 136053 133832 0 0 74704 63097 210757 196929 -16456 -17441 800681 816367 492011 489148 308670 327219 The mission of ROPCDC is: To redevelop & revitalize the human & physical capital of the Halifax Community of Petersburg, VA through housing rentals, housing development, economic development, employment false false 179364 40000 164911 Operate Little Angels Childcare Center, a world-class childcare & learning center, serving children ranging in age from 2 1/2 to 5 years. Enrollment at 12/31/2024 is 30 children (full time, part time & after school care) with a staff of 6, including 1 director. 2595 0 9450 Acquisition and maintenance costs related to the purchase of land within the Halifax community of Petersburg, Virginia (taxes, repairs & maintenance, utilities) 0 0 12000 ROPCDC entered into an agreement with Better Housing Coalition of Petersburg to develop Claiborne Square, a senior housing/living facility in the Halifax community. The project is built on land owned by ROPCDC. BHC advanced $250,000 in the form of a note receivable to ROPCDC related to a ground lease of this land. The note is stated at the present value of the estimated fair value of rent, discounted at 4.64%, and will be amortized as rent income on a straight-line basis over 75 years. Deferred rent is $224,246, net, at 12/31/2022 and rental income is $12,000 for the year. 181959 true false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false true 0 0 true 7 true false false false false false false false false false false X 2 1 false false false false false false false true true false false false true true true true true true true false VA X ROPCDC 8047337625 418 Halifax Street Petersburg VA 23803 X Treva Gordon Treasurer 2.00 X X 0 0 0 Robert Diggs Board Member 1.00 X 0 0 0 false false false Tuition income 624410 164911 0 0 164911 667 0 0 21450 21450 21450 21450 85360 132900 -47540 -47540 -47540 0 0 Miscellaneous Revenue 999999 40000 40000 0 0 40000 179488 179488 0 0 124192 124192 0 0 9640 9640 0 0 3576 0 3576 0 2590 0 2590 0 40 40 0 0 8804 0 8804 0 2119 2119 0 0 Utilities & telephone 466 466 0 0 Cleaning & Maintenance 300 300 0 0 Daycare Food Expense 7037 7037 0 0 Daycare fundraising 0 0 0 0 38165 38165 0 0 196929 181959 14970 0 285129 319919 130000 130000 248715 248715 932 932 286716 170015 135805 116701 100 100 800681 816367 9571 6708 222224 222224 260216 260216 492011 489148 X 160290 178839 148380 148380 308670 327219 800681 816367 X -17441 35990 X true X false true false X 0 0 117 45603 178235 0 0 223955 224166 200000 173243 190142 164911 952462 0 0 224283 245603 351478 190142 164911 1176417 0 0 0 1176417 15900 20150 14200 9900 22117 82267 15900 20150 14200 9900 22117 82267 1258684 0.93460 0.95380 0.06540 0.04620 X Other Addl Info 7 blighted properties consisting of vacant lots and delapidated buildings were sold in 2024 for a total selling price of $85,360. The total original cost of these properties was $132,900 for a net loss of ($47,540). 84243 84243 93391 70050 23341 0 0 0 65063 65063 0 44019 34902 9117 116701 Advances from Tabernacle Baptist Church 260216 260216 Pt VI, Line 11b Exec Director reviews in detail with independent CPA preparer.Copies are available to Board members upon request. Pt VI, Line 12c Policies are included in Policies & Procedures Manual and regularly reviewed by Board members & Exec Dir. Pt VI, Line 19 Copies of organizations financial statements and Form 990 are available to the public upon request. Pt VI, Line 15a For the position of Exec Dir, compensation is based on qualifications of the individual and pay scale of comparable-sized organizations in the Petersburg area. Increases are based on performance as determined in annual review. Pt VI, Line 15b The Exec director was the only compensated position in the organization. The Exec director left the position in early 2019. The position remains unfilled at 12/31/2023. Pt VI, Line 19 Copies of organizations Form 990 and unaudited financial statements are available to the public upon request. Pt XI Unidentified difference. Form 990, Part IX, Line 24e Bank charges 2303. 2303. 0. 0. Form 990, Part IX, Line 24e Licenses & fees 134. 134. 0. 0. Form 990, Part IX, Line 24e Grounds Upkeep 1600. 1600. 0. 0. Form 990, Part IX, Line 24e Repairs & maintenance 6889. 6889. 0. 0. Form 990, Part IX, Line 24e Supplies (Teaching, etc) 10294. 10294. 0. 0. Form 990, Part IX, Line 24e Property Taxes 240. 240. 0. 0. Form 990, Part IX, Line 24e Payroll service fees 2761. 2761. 0. 0. Form 990, Part IX, Line 24e Field Trip Expense 2956. 2956. 0. 0. Form 990, Part IX, Line 24e Training & Education 600. 600. 0. 0. Form 990, Part IX, Line 24e Van Expenses 6239. 6239. 0. 0. Form 990, Part IX, Line 24e Other Program Expenses 3797. 3797. 0. 0. Form 990, Part IX, Line 24e Other Miscellaneous Expenses 352. 352. 0. 0. Tabernacle Baptist Church 444 Halifax Street Petersburg VA 23803 540956534 Church VA false false false false false false false false false false false true false false false false false false false false Tabernacle Baptist Church 1k Market rate