2025-08-22T13:34:12+00:00 2024-12-31 440160260 Forvis Mazars LLP 4161 Piedmont Parkway Suite 310 Greensboro NC 27410 990 2024-01-01 541023025 Community Housing Partners Corporation COMM 5403822002 448 DEPOT STREET CHRISTIANSBURG VA 24073 Jeffrey Reed President 5403822002 2025-08-22 true Kevin Rayfield P00290535 3368895156 2025-08-15 2024 2025-03-06 01:10:19Z Jeffrey Reed 448 DEPOT STREET CHRISTIANSBURG VA 24073 90457452 false X WWW.COMMUNITYHOUSINGPARTNERS.ORG X 1974 VA CHP PROVIDES HOUSING OPPORTUNITIES AND RELATED SERVICES TO INDIVIDUALS OF LOW-WEALTH IN THE U.S. OUR SERVICES INCLUDE THE DEVELOPMENT, CONSTRUCTION, PRESERVATION, WEATHERIZATION AND/OR MANAGEMENT OF HEALTHY AND SUSTAINABLE, AFFORDABLE HOUSING STOCK. CHP ALSO DELIVERS HOMEOWNERSHIP AND RESIDENT SERVICES THAT PROMOTE FINANCIAL LITERACY AND SUSTAINABILITY. IN ADDITION, WE OFFER EDUCATION AND TRAINING IN ENERGY AND CONSERVATION PRACTICES, WEATHERIZATION AND GREEN BUILDING. CHP WORKS EACH YEAR WITH THOUSANDS OF INDIVIDUALS AND FAMILIES, BUILDING PROFESSIONALS, HOMEOWNERS, AND OTHER PEOPLE IN NEED OF ASSISTANCE. 9 9 534 2442 0 22900425 26276726 59486937 61617629 2217222 2227695 26809 163801 84631393 90285851 0 0 21854499 22705489 0 300712 65777407 71264144 87631906 93969633 -3000513 -3683782 205088010 219120501 107419226 123920566 97668784 95199935 X CHP'S MISSION IS TO CREATE HOMES AND COMMUNITIES THAT ARE HEALTHY, SUSTAINABLE, AND AFFORDABLE. false false 35212198 22939844 CHP PROVIDES WEATHERIZATION OF HOMES, EMERGENCY HOME REPAIRS, AND EMERGENCY HEATING AND COOLING ASSISTANCE TO VERY LOW-INCOME INDIVIDUALS AND FAMILIES ACROSS VIRGINIA. CHP'S ENERGY SOLUTIONS RESEARCH AND TRAINING CENTER PROVIDES TRAINING AND CERTIFICATION IN HEATING AND COOLING SERVICE AND INSTALLATION, DIAGNOSTIC TESTING AND CONSERVATION METHODS TO INDIVIDUALS, TECHNICIANS AND ORGANIZATIONS THAT SERVE LOW INCOME INDIVIDUALS ACROSS THE U.S. IN 2024, CHP PROVIDED WEATHERIZATION SERVICES FOR 3,207 HOUSEHOLDS AND SERVED 805 UNIQUE INDIVIDUALS IN WEATHERIZATION AND ENERGY CONSERVATION THROUGH OUR CHP ENERGY SOLUTIONS RESEARCH AND TRAINING CENTER. 32103937 28918913 CHP OWNS OR MANAGES 6,182 UNITS OF MULTIFAMILY HOUSING SERVING LOW AND MODERATE-INCOME RESIDENTS. THE PORFOLIO MANAGED BY CHP INCLUDES HOUSING FOR SENIOR AND DISABLED, FORMERLY HOMELESS, SINGLE FEMALE HEADS-OF-HOUSEHOLD AND OTHER INDIVIDUALS AND FAMILIES OF LOW-INCOME. CHP'S SERVICES ALSO INCLUDE THE PROVISION OF RESIDENT SERVICES SUCH AS AFTER SCHOOL PROGRAMS, FINANCIAL LITERACY EDUCATION, JOB READINESS SKILLS BUILDING AND LEADERSHIP OPPORTUNITIES. IN 2024, CHP SUPPORTIVE SERVICE COORDINATORS AND OUR PARTNERS DELIVERED 74,125 UNITS OF PROGRAMMING TO OUR RESIDENTS. IN ADDITION, CHP IS A LICENSED REAL ESTATE COMPANY SERVING LOW TO MODERATE INCOME HOMEBUYERS. OUR CONTINUUM OF SERVICES INCLUDES SALES, ACCESS TO BELOW MARKET MORTGAGES, HOMEBUYER EDUCATION AND HOMEOWNERSHIP COUNSELING. IN 2024, CHP PROVIDED HOMEOWNERSHIP TRAINING TO 71 HOUSEHOLDS AND PROVIDED ACCESS TO DOWN PAYMENT ASSISTANCE AND MORTGAGES TO 2 FAMILIES. CHP REALTY SOLD 2 HOMES. 11480849 9079178 CHP WORKS WITH PUBLIC AND PRIVATE PARTNERS TO PRESERVE AND CONSTRUCT AFFORDABLE RENTAL HOUSING FOR LOW-INCOME INDIVIDUALS AND HOUSEHOLDS ACROSS THE SOUTHEAST AND MID-ATLANTIC U.S. In 2024, CHP completed four rehabilitation projects. One was a 72 unit in Galax, Virginia, two were 80 senior housing units across the eastern shore of Virginia, and the last one was a 32 senior housing unit in Independence, Virginia. Also, in 2024 CHP started construction of a 52 unit project in Chapel Hill, NC. This project should be placed in service by year end 2025. 679694 679694 78796984 true true false false false false false false false false true false true true true true false 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 false true true true false true false true 467 0 true 534 true false false false false false false false false X 9 9 false false false false false false false true true false false false true true true true true true true true false false VA X Jeffrey Reed 5403822002 448 DEPOT STREET CHRISTIANSBURG VA 24073 Ana Castilla Vice Chair 1.0 X 0 0 0 Charles Famuliner Past Chair 1.0 X 0 0 0 Deborah Sherman Lee Member 1.0 X 0 0 0 Harold Nassau Member 1.0 X 0 0 0 John Randolph Member 1.0 X 0 0 0 Nathan Kerr Member 1.0 X 0 0 0 Racquel Reddie Board Chair 1.0 X 0 0 0 Shawn McMahon Member 1.0 X 0 0 0 Susan Sisk Member 1.0 X 0 0 0 J Andy Hall Chief Operating Officer 40.0 X 343506 0 39583 Jeffrey Reed CEO/President 40.0 X 445371 0 59710 Lance Sutherland EVP/CFO 40.0 X 278113 0 62425 Andy Davenport Vice President 40.0 X 236276 0 26310 Mark Jackson Vice President 40.0 X 215183 0 53464 Shaun Rai Senior Vice President 40.0 X 185524 0 50928 Angie Roberts Dobbins Vice President 40.0 X 173753 0 24497 Eric Chapman General Counsel 40.0 X 202764 0 51520 Kim Strahm Vice President 40.0 X 166545 0 23372 Laura Croft Vice President 40.0 X 163744 0 33428 Todd Collins Assistant Vice President 40.0 X 171352 0 29790 2582131 0 455027 48 true true false Quick AC Quote 14501 Aldengate Rd Midlothian VA 23114 Contractor 4219288 RMGP Inc PO Box 13409 Richmond VA 232259998 Contractor 1955332 Dave's Diversified Services 803B North Royal Avenue Front Royal VA 22630 Contractor 1674178 J & W Contractor LLC 2400 Courtland Richmond VA 23234 Contractor 1666265 HT Bowling Inc 6629 Hickman Cemetery Road Radford VA 24141 Contractor 1538763 53 25576177 700549 26276726 Rental Income 531110 24924988 24924988 Utility Programs 531390 20891834 20891834 Rehabilitation Fees 531390 9201081 9201081 Other Program Service Revenues 531110 3698064 3698064 Property Management Fees 531110 2901662 2901662 0 0 0 0 61617629 2108981 2108981 0 0 290315 171601 0 118714 118714 118714 0 163802 163801 163801 0 0 0 0 0 90285851 64009125 0 0 1703974 636983 1066991 15876498 11560214 4116580 199704 1032233 652980 365214 14039 2551031 1907355 622958 20718 1541753 1154042 372283 15428 98556 25874 72682 60513 60513 0 0 0 0 43495 27477 11823 4195 115844 94596 21237 11 14078776 14078776 2996986 2751926 245060 6257926 5644568 613358 587260 287901 299359 Energy Services 20364384 20364384 Construction & Rehab 9384795 9384795 Miscellaneous Program 8525505 8525505 Miscellaneous Admin 6788122 6742948 45174 1961982 1699608 260931 1443 93969633 78796984 14871937 300712 19279853 11089561 9997512 7862004 0 0 0 0 4187314 7487906 4369109 5919442 7053218 7970863 206927172 101853769 104664564 105073403 3204812 3780616 37972205 55320488 8500 8000 14350923 14608218 205088010 219120501 2890743 4525784 0 287459 32927547 41025203 0 0 65545407 66707809 0 4200000 6055529 7174311 107419226 123920566 95548462 93904028 2120322 1295907 97668784 95199935 205088010 219120501 X -3683782 1214933 X false true true true true X 7689180 21772708 17018345 22900425 26276726 95657384 0 0 7689180 21772708 17018345 22900425 26276726 95657384 0 95657384 676190 1173599 3109438 2217222 2227695 9404144 0 0 0 0 0 0 0 105061528 266804275 0.91049 0.91025 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11902945 11902945 181583783 92356701 89227082 9469586 7170747 2298839 3970858 2326321 1644537 105073403 LONG TERM MORTGAGES 55320488 C 55320488 INVESTMENT IN AFFILIATES 5196129 TAX & INSURANCE ESCROW 2627374 SECURITY DEPoSITS 1194715 RESTRICTED CASH 558332 REPLACEMENT RESERVE 5031668 Contract Assets 0 14608218 0 Federal Income Taxes 0 Accrued Annual Leave 1514870 TENANT SECURITY DEPOSITS 1147261 ACCRUED INTEREST 211727 PREPAID RENT 255677 DEFERRED COMPENSATION 3780616 Other Liabilties 264160 7174311 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote CHPC is a not-for-profit corporation pursuant to section 501(c)(3) of the internal revenue code, and accordingly, is exempt from federal and state income taxes. as a result, the accompanying consolidated financial statements do not reflect a provision or liability under federal and state income taxes. X X X X X false false false false false false false true false Jeffrey Reed CEO/President 403831 0 40508 0 1032 0 40922 0 18788 0 505081 0 0 0 J Andy Hall Chief Operating Officer 310923 0 31551 0 1032 0 38323 0 1260 0 383089 0 0 0 Lance Sutherland EVP/CFO 250476 0 27397 0 240 0 36282 0 26143 0 340538 0 0 0 Andy Davenport Vice President 225899 0 10052 0 325 0 15039 0 11271 0 262586 0 0 0 Mark Jackson Vice President 192606 0 21753 0 824 0 30436 0 23028 0 268647 0 0 0 Shaun Rai Senior Vice President 166224 0 18637 0 663 0 24949 0 25979 0 236452 0 0 0 Eric Chapman General Counsel 181945 0 20640 0 179 0 25482 0 26038 0 254284 0 0 0 Angie Roberts Dobbins Vice President 156988 0 16463 0 302 0 23418 0 1079 0 198250 0 0 0 Todd Collins Assistant Vice President 145902 0 21694 0 3756 0 28582 0 1208 0 201142 0 0 0 Laura Croft Vice President 147763 0 15701 0 280 0 22307 0 11121 0 197172 0 0 0 Kim Strahm Vice President 150650 0 15711 0 184 0 22307 0 1065 0 189917 0 0 0 Schedule J, Part I, Line 7 Non-fixed payments BONUSES ARE BASED UPON A NET INCOME AMOUNT ADJUSTED FOR VARIOUS EXPENSES AND INCOME ITEMS, INCLUDING A REDUCTION FOR DONATIONS AND CONTRIBUTIONS. IF THE ADJUSTED NET INCOME IS POSITIVE, THEN THE BOARD IS ALLOWED TO DESIGNATE UP TO 25% OF THE RESULT AS A BONUS POOL TO BE ALLOCATED AMONG OFFICERS, MANAGEMENT, AND STAFF. BONUSES ARE CALCULATED AS A PERCENTAGE OF SALARY RANGING FROM 20% TO 2.5% BASED ON THE TIER/SALARY GRADE OF THE EMPLOYEE. THE PERCENTAGE IS DILUTED BASED ON THE SIZE OF THE AVAILABLE BONUS POOL COMPARED TO THE AMOUNT NEEDED FOR FULL POTENTIAL PAYOUTS FOR ALL TIERS ABOVE THE 2.5% LEVEL. THE 2.5% LEVEL TIER IS FUNDED IN FULL BEFORE COMPUTING THE POOL AMOUNT AVAILABLE FOR REMAINING TIERS. INDIVIDUAL EVALUATION AGAINST PERFORMANCE PLANS AND ASSESSMENTS ALSO FACTORS INTO THE FINAL BONUS PERCENT PAID AT THE EMPLOYEE LEVEL. Schedule J, Part I, Line 3 THE BOARD APPROVES COMPENSATION FOR THE EXECUTIVE LEVEL EMPLOYEES. A TRIENNIAL 3RD PARTY COMPENSATION STUDY OF OTHER LIKE ORGANIZATIONS IS CONDUCTED IN SUPPORT OF THE PROCESS. Form 990, Part III, Line 4d Description of other program services (Expenses $ including grants of $)(Revenue $ 679,694) Form 990, Part VI, Line 11b Review of form 990 by governing body THE BOARD IS PROVIDED A COPY OF THE 990 BEFORE IT IS FILED. Form 990, Part VI, Line 12c Conflict of interest policy ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES SIGN A CONFLICT OF INTEREST STATEMENT EACH YEAR. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE BOARD APPROVES COMPENSATION FOR THE EXECUTIVE LEVEL EMPLOYEES. A TRIENNIAL 3RD PARTY COMPENSATION STUDY OF OTHER LIKE ORGANIZATIONS IS CONDUCTED IN SUPPORT OF THE PROCESS. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST Form 990, Part XI, Line 9 Other changes in net assets or fund balances Investment Capital Contributions (Net) - 1214933; BOWLING GREEN LEE ST TOWNHOUSES 448 DEPOT STREET CHRISTIANSBURG VA 24073 541023025 LOW-INCOME HOUSING VA COMMUNITY HOUSING PARTNERS CORPORATION Braxton Manor Apartments LLC 448 DEPOT STREET CHRISTIANSBURG VA 24073 811043126 lOW-INCOME HOUSING VA COMMUNITY HOUSING PARTNERS CORPORATION Cambria House LLC 448 DEPOT STREET CHRISTIANSBURG VA 24073 541023025 LOW-INCOME HOUSING VA COMMUNITY HOUSING PARTNERS CORPORATION CHARLOTTE ASHBROOK TOWNHOMES LLC 448 DEPOT STREET CHRISTIANSBURG VA 24073 208133427 LOW-INCOME HOUSING VA COMMUNITY HOUSING PARTNERS CORPORATION CHP Afton LLC 448 DEPOT STREET CHRISTIANSBURG VA 24073 541023025 LOW-INCOME HOUSING VA COMMUNITY HOUSING PARTNERS CORPORATION CHP Battleground LLC 448 DEPOT STREET CHRISTIANSBURG VA 24073 541023025 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Apartments Corporation O 23852 Salaries Paid Ephphatha Village Inc O 11288 Salaries Paid Farmville-Parkview Gardens LLC O 153055 Salaries Paid Galax Community Apartments Corp O 20688 Salaries Paid Giles Community Apartments Corp O 73469 Salaries Paid Grayson Manor Apartments LLC O 53091 Salaries Paid Highland Avenue LLC O 121479 Salaries Paid Hilltop Homes LLC O 35237 Salaries Paid Holly Court Senior Apartments LLC O 61658 Salaries Paid Hunting Hills Apartments LLC O 19032 Salaries Paid Kippax Place Apartments LLC O 111434 Salaries Paid Langston Park Apartments LLC O 108647 Salaries Paid Laurel Woods Apartments LLC O 85612 Salaries Paid Lexington Hilltop Historic LLC O 82203 Salaries Paid Mt Sterling Main Cross LLC O 94197 Salaries Paid Newport News Warwick SRO LP O 238754 Salaries Paid Northway Family LLC O 149201 Salaries Paid Planters Woods South Hill LLC O 62120 Salaries Paid Primrose Place Apartments LLC O 226137 Salaries Paid Smithfield-Church Manor LP O 79969 Salaries Paid Smoke Ridge LLC O 95361 Salaries Paid SUL Tranquility Lakes LLC O 69892 Salaries Paid The Apartments at Overlook Terrace LLC O 130008 Salaries Paid The Apartments of Rivermont LLC O 213117 Salaries Paid Townsquare at Dumfries LLC O 384766 Salaries Paid Van Story Branch Apartments LLC O 693728 Salaries Paid Virginia Beach-Friendship Village LLC O 264955 Salaries Paid Wellesley Commons Apartments LLC O 75650 Salaries Paid Williamsburg-Lafayette Square LLC O 140060 Salaries Paid Williamsburg-Lafayette Village Elderly LLC O 40173 Salaries Paid Williamsburg-Lafayette Village Family LLC O 153436 Salaries Paid Wytheville Community Apts Corp O 23853 Salaries Paid Bettie Davis LLC R 30102 Short Term AP Blue Ridge Commons LLC R 1975490 Short Term AP CHP of Florida (all inclusive) R 895446 Short Term AP Grayson Manor Apartments LLC R 191553 Short Term AP Highland Avenue LLC R 100956 Short Term AP Hilltop Homes LLC R 50203 Short Term AP Holly Court Senior Apartments LLC R 32429 Short Term AP Hunting Hills Apartments LLC R 61941 Short Term AP Kippax Place Apartments LLC R 875347 Short Term AP Langston Park Apartments LLC R 1029782 Short Term AP Northway Family LLC R 1432031 Short Term AP Powell Valley Jonesville Apartments LLC R 93720 Short Term AP The Apartments of Rivermont LLC R 213069 Short Term AP Trinity Court Redevelopment LLC R 29940 Short Term AP Van Story Branch Apartments LLC R 986622 Short Term AP Wellesley Commons Apartments LLC R 342219 Short Term AP Williamsburg-Lafayette Village Family LLC R 166414 Short Term AP