2025-10-30T16:45:52-05:00 2024-12-31 943108253 NOVOGRADAC & COMPANY LLP 1144 HOOPER AVENUE SUITE 203 TOMS RIVER NJ 08753 990 2024-01-01 050631880 EDGEMONT ELMS HOUSING INC EDGE 9196831551 423 MORRIS STREET SUITE 200 DURHAM NC 27701 RALPH STALEY CFO 9196831551 2025-10-30 1 1 RICHARD M LARSEN P01233142 7326492800 2024 2025-03-06 01:10:19Z RALPH STALEY 423 MORRIS STREET SUITE 200 DURHAM NC 27701 672309 0 X DURHAMHOUSINGAUTHORITY.ORG X 2007 NC DEVELOPMENT OF LOW INCOME HOUSING. 7 7 0 5 11822 0 0 0 590769 660427 0 11822 0 60 590769 672309 0 0 0 0 104974 88326 0 0 0 549851 678485 654825 766811 -64056 -94502 1538197 1341599 903425 815587 634772 526012 EDGEMONT ELMS IS A NON-PROFIT ENTITY WHOSE MISSION IS TO ACQUIRE, CONSTRUCT, DEVELOP AND MAINTAIN AFFORDABLE HOUSING, AND TO REVITALIZE COMMUNITIES AND NEIGHBORHOODS WITHIN DURHAM, NORTH CAROLINA. 0 0 606461 660487 EDGEMONT ELMS IS A NON-PROFIT ENTITY WHOSE MISSION IS TO ACQUIRE, CONSTRUCT, DEVELOP AND MAINTAIN AFFORDABLE HOUSING, AND TO REVITALIZE COMMUNITIES AND NEIGHBORHOODS WITHIN DURHAM, NORTH CAROLINA. IT CURRENTLY OPERATES EDGEMONT ELMS TOWNHOMES, WHICH IS COMPRISED OF FIFTY-EIGHT (58) APARTMENT UNITS INCLUDING SIXTEEN (16) PUBLIC HOUSING UNITS. EDGEMONT ELMS WAS COMPLETED IN 1990 AND IS LOCATED NEAR DOWNTOWN DURHAM. THIS 58 UNIT COMPLEX SERVES AS PART OF A REDEVELOPMENT PLAN FOR THE EDGEMONT COMMUNITY. 606461 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 NC X RALPH STALEY 9196831551 423 MORRIS STREET SUITE 200 DURHAM NC 27701 ROBERT BO GLENN DIRECTOR 0.25 7.25 X 0 0 0 DANIEL C HUDGINS DIRECTOR 0.25 7.25 X 0 0 0 PEBBLES LUCAS DIRECTOR 0.25 7.25 X 0 0 0 ANGELA HOLMES DIRECTOR 0.25 7.25 X 0 0 0 CARL RIST CITY LIAISON 0.25 7.25 X 0 0 0 MAYME WEBB-BLEDSOE DIRECTOR 0.25 7.25 X 0 0 0 TORRELL ARMSTRONG DIRECTOR 0.25 7.25 X 0 0 0 S NICOLE DIGGS DIRECTOR 0.50 7.50 X 0 0 0 WILLIAM B CLARK CHAIR 0.25 7.25 X 0 0 0 ANTHONY SCOTT CHIEF EXECUTIVE OFFICER 0.25 39.75 X 0 209607 0 DENITA JOHNSON CHIEF OPERATING OFFICER 0.25 39.75 X 0 33846 0 RALPH STALEY CHIEF FINANCIAL OFFICER 0.25 39.75 X 0 125797 0 ANTHONY SNELL DIRECTOR OF DEVELOPMENT 0.25 39.75 X 0 162584 0 ASHANTI BROWN CHIEF OPERATING OFFICER 0.25 39.75 X 0 132128 0 KAREN LADO DURHAM CHOICE PROJECT MANAGER 0.25 39.75 X 0 156188 0 CARLA WALTON DIRECTOR OF ADMINISTRATION 0.25 39.75 X 0 120142 0 ERIC SMITH CNI COMMUNITY LIAISON 0.25 39.75 X 0 132106 0 0 1072398 0 0 0 1 0 0 TENANT RENTAL REVENUE 531110 658978 658978 OTHER TENANT REVENUE 531390 1449 1449 660427 11822 11822 OTHER REVENUE 900099 60 60 60 672309 660487 11822 0 62972 5780 57192 25354 1324 24030 32916 32916 2072 2072 43654 43654 97330 97330 9788 9788 108168 108168 13920 13920 MAINTENANCE 182137 182137 BAD DEBT 169676 169676 TENANT SERVICES 18338 18338 OTHER EXPENSES 486 486 766811 606461 160350 0 504973 510515 142401 149188 3243 0 5446036 4764140 887580 681896 1538197 1341599 252662 80686 39270 28988 11651 22207 599842 534333 0 149373 903425 815587 X 634772 526012 634772 526012 1538197 1341599 -94502 -14258 0 X X 0 1 X 0 0 X 435211 338161 504942 590769 660427 2529510 435211 338161 504942 590769 660427 2529510 0 150220 99425 110264 98125 80670 538704 150220 99425 110264 98125 80670 538704 1990806 12 11822 11834 12 11822 11834 435223 338161 504942 590769 672249 2541344 0.78340 0.71520 0.00470 0.00110 X 0 1 X 101500 101500 3068850 3068850 0 2234380 1653984 580396 41306 41306 0 681896 DUE TO HOUSING AUTHORITY 149373 149373 672309 0 672309 0 672309 766811 0 766811 0 766811 PART IV, LINE 2B: THE ORGANIZATION ALSO HOLDS TENANT SECURITY DEPOSITS IN ESCROW. THESE AMOUNTS BELONG TO THE INDIVIDUAL TENANTS. 0 0 0 0 0 0 0 0 0 ANTHONY SCOTT CHIEF EXECUTIVE OFFICER 0 209607 0 0 0 0 0 0 0 0 0 209607 0 0 ANTHONY SNELL DIRECTOR OF DEVELOPMENT 0 162584 0 0 0 0 0 0 0 0 0 162584 0 0 KAREN LADO DURHAM CHOICE PROJECT MANAGER 0 156188 0 0 0 0 0 0 0 0 0 156188 0 0 PART I, LINE 3 ALL EMPLOYEES ARE EMPLOYED BY THE DURHAM HOUSING AUTHORITY. THERE ARE NO DIRECT EMPLOYEES OF THIS ORGANIZATION. SALARIES FOR THE OFFICERS OF THE DURHAM HOUSING AUTHORITY ARE DETERMINED BY THE BOARD OF THE DURHAM HOUSING AUTHORITY. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE CFO REVIEWS THE RETURN UPON SIGNING. A FULL COPY OF THE FORM 990 IS SHARED WITH THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT, BUT BOARD MEMBERS ARE NOT REQUIRED. THE POLICY WAS ADOPTED IN 2008. THE STAFF HAS BEEN TRAINED ON COMPLIANCE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PART XI, PAGE 12, LINE 8 THE -14,258 IS A RESULT OF THE PY AUDIT BEING FINALIZED AFTER THE TAX RETURN IN 2023. FORM 990, PART IX, LINES 7-9 EDGEMONT ELMS DOES NOT EMPLOY ANY INDIVIDUALS; HOWEVER, AMOUNTS HAVE BEEN REPORTED ON FORM 990 PART IX, LINES 7-9 RELATED TO WAGES AND BENEFITS. THE AMOUNTS REPORTED ON THESE LINES TO PART IX CORRESPOND TO ACTUAL AMOUNTS REIMBURSED TO IT'S PARENT ORGANIZATION, DURHAM HOUSING AUTHORITY, WHO EMPLOYS THE INDIVIDUALS WORKING ON BEHALF OF EDGEMONT ELMS. EDGEMONT ELMS WAS NOT CHARGED FOR ANY SALARIES OR BENEFITS FOR THOSE WORKING IN THE CAPACITY OF AN OFFICER DURING 2024. DURHAM HOUSING AUTHORITY 423 MORRIS STREET SUITE 200 DURHAM NC 27701 566003147 LOW INCOME HOUSING NC 501(C)(1) LINE 6 N/A 0 DEVELOPMENT VENTURES INC 423 MORRIS STREET SUITE 200 DURHAM NC 27701 561461066 LOW INCOME HOUSING NC 501(C)(3) LINE 10 DURHAM HOUSING AUTHORITY 0 LEARNING ASSISTANCE INC 423 MORRIS STREET SUITE 200 DURHAM NC 27701 561585479 LOW INCOME HOUSING NC 501(C)(3) PF DURHAM HOUSING AUTHORITY 0 PREISS-STEELE PLACE HOUSING INC 423 MORRIS STREET SUITE 200 DURHAM NC 27701 743196122 LOW INCOME HOUSING NC 501(C)(3) LINE 10 DURHAM HOUSING AUTHORITY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0