2026-09-15T14:09:10-05:00 2025-12-31 540504608 BROWN EDWARDS & COMPANY LLP 3906 ELECTRIC ROAD ROANOKE VA 24018 990 2025-01-01 471045682 RESTORATION HOUSING INC REST 9178879840 1116 MAIN STREET STEB ROANOKE VA 24015 ISABEL THORNTON EXECUTIVE DIRECTOR 9178879840 2026-09-12 1 RICHARD HEDLEY P00936170 5403450936 2026-09-04 2025 ISABEL THORNTON 1116 MAIN STREET STE B ROANOKE VA 24015 1961698 0 X RESTORATIONHOUSING.ORG X 2014 VA OUR MISSION IS TO CREATE AND ASSIST IN DEVELOPMENT PROJECTS WITH A FOCUS ON HISTORIC PRESERVATION OF ARCHITECTURAL RESOURCES. OUR PROJECTS ARE INTENDED TO BOTH ADDRESS THE NEEDS OF LIMITED INCOME FAMILIES AND TO STRENGTHEN THE COMMUNITY BY REDUCING BLIGHT AND VACANCY 10 10 5 102 0 0 1021609 1705031 170142 114500 245 4385 -10743 110697 1181253 1934613 0 0 0 0 151305 169746 0 0 70683 117362 282269 268667 452015 912586 1482598 3685787 5147456 472148 454434 3213639 4693022 X OUR MISSION IS TO CREATE AND ASSIST IN DEVELOPMENT PROJECTS WITH A FOCUS ON HISTORIC PRESERVATION OF ARCHITECTURAL RESOURCES. OUR PROJECTS ARE INTENDED TO BOTH ADDRESS THE NEEDS OF LIMITED INCOME FAMILIES AND TO STRENGTHEN THE COMMUNITY BY REDUCING BLIGHT AND VACANCY 0 0 232667 245162 IN 2025, RESTORATION HOUSING COMPLETED THE NINE-MONTH LONG REHABILITATION OF THE GROVE ON PATTERSON, WHICH IS A SIXTEEN BED RESIDENTIAL TREATMENT FACILITY FOR PREGNANT AND POST PARTUM WOMEN AND THEIR NEWBORN INFANTS. WE ALSO STARTED CONSTRUCTION ON "TRINITY COMMONS", WHICH IS AN ADAPTIVE REUSE OF THE HISTORIC ANNEX OF TRINITY UNITED METHODIST CHURCH INTO FIFTEEN UNITS OF ELDERLY AFFORDABLE HOUSING. PROGRAM GROWTH HAS SUBSEQUENTLY INCREASED SUBSTANTIALLY AND THE ORGANIZATION MANAGED THAT GROWTH THROUGHOUT THE YEAR WHILE ALSO BEGINNING PRE-DEVELOPMENT WORK FOR TWO HISTORIC HOME REHABS THAT ARE IN THE PIPELINE FOR 2026 AND 2027. WE CONTINUED TO OWN AND MANAGE OUR INVENTORY OF HISTORIC HOMES THAT OPERATE AS AFFORDABLE HOUSING, WHICH INVOLVES SUBSTANTIAL MAINTENANCE AND OPERATIONAL SUPPORT. 232667 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 0 1 1 X ISABEL THORNTON 9178879840 1116 MAIN STREET STE B ROANOKE VA 24015 CAROL TUNING PRESIDENT 1.00 X X 0 0 0 JOHN CORNTHWAIT VICE PRESIDENT 1.00 X X 0 0 0 RICHARD HEDLEY TREASURER 1.00 X X 0 0 0 KELLY JONES SECRETARY 1.00 X X 0 0 0 JONATHAN RICHARDSON BOARD MEMBER 1.00 X 0 0 0 NALLIENE CHAVEZ RIVERA BOARD MEMBER 1.00 X 0 0 0 ALISON JORGENSEN BOARD MEMBER 1.00 X 0 0 0 KEITH MCKENNA BOARD MEMBER 1.00 X 0 0 0 MOLLY ROBERTS BOARD MEMBER 1.00 X 0 0 0 ALLISON OAKEY BOARD MEMBER 1.00 X 0 0 0 ISABEL THORNTON EXECUTIVE DIRECTOR 40.00 X 66788 0 0 66788 0 0 0 0 0 0 0 78787 565250 1060994 22813 1705031 REAL ESTATE MANAGEMENT 900099 114500 114500 114500 107 107 130662 0 130662 130662 130662 4278 0 4278 4278 4278 6247 78787 27085 -20838 -20838 OTHER INCOME 900099 1245 1245 PARTNERSHIP INCOME 900099 -372 -372 873 1934613 245162 0 -15580 66788 33394 13358 20036 90896 45448 18179 27269 12062 5066 2895 4101 28000 28000 2079 2079 18000 18000 12383 12383 1621 1621 5205 1735 1735 1735 2900 2900 52624 17541 17541 17542 1929 1929 500 500 12492 12492 65071 65071 49477 37108 12369 OTHER EXPENSES 27637 27637 BANK FEES 2351 2351 452015 232667 148665 70683 289462 129612 160267 147264 1425250 2185580 2394 2512823 323679 1250767 2189144 15113 0 528217 481938 16711 11524 3685787 5147456 100710 145460 266180 272644 105258 36330 472148 454434 X 3213639 4693022 3213639 4693022 3685787 5147456 1482598 -3215 0 X X 0 1 X 1 0 X 416275 333838 568089 1021609 1075031 3414842 21550 42514 36600 170142 114500 385306 437825 376352 604689 1191751 1189531 3800148 0 0 0 3800148 4 54 177 45410 130769 176414 4 54 177 45410 130769 176414 1245 1245 437829 376406 604866 1237161 1321545 3977807 0.95530 0.98520 0.04430 0.01480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2779 2779 2489177 318830 2170347 8875 1137 7738 11992 3712 8280 2189144 INVESTMENT IN 820 DALE AVE LLC 3719 F INVESTMENT IN 920 STEWART AVE LLC 61664 F INVESTMENT IN 930 STEWART AVENUE 110288 F INVESTMENT IN TRINITY COMMONS 276267 F INVESTMENT IN 319 DALE 30000 F 481938 OPERATING LEASE LIABILITY 11535 DEVELOPER FEE PAYABLE 24795 36330 PRESERVE LUNCHEON 84686 78439 6247 525 9546 17014 PARTNERSHIP DAY & OTHER 348 348 2 85034 78787 6247 525 9546 17014 27085 -20838 FORM 990, PART VI, SECTION A, LINE 2 ISABEL THORNTON, EXECUTIVE DIRECTOR, IS THE SPOUSE OF LUCAS THORNTON WHO HAS AN OWNERSHIP PERCENTAGE IN ONE PROPERTY. LUCAS THORNTON IS THE 98% OWNER IN 820 DALE AVENUE WHICH THE ORGANIZATION DEVELOPED AND NOW OVERSEES. FORM 990, PART VI, SECTION B, LINE 11B AT THE END OF THE FISCAL YEAR, AN OUTSIDE CPA WILL PREPARE THE ANNUAL RETURN FOR ORGANIZATION EXEMPT FROM INCOME TAX (IRS FORM 990). THE RETURN WILL BE PRESENTED TO THE EXECUTIVE DIRECTOR, THE BOARD FINANCE COMMITTEE, AND THE BOARD CHAIR FOR THEIR REVIEW AND APPROVAL. THE FINANCE COORDINATOR WILL THEN FILE THE RETURN WITH THE INTERNAL REVENUE SERVICE BY THE ANNUAL DEADLINE. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S PERFORMANCE ANNUALLY AND ESTABLISHES THE SALARY. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 1729 PATTERSON AVENUE LLC 1116 MAIN STREET STE B ROANOKE VA 24015 LOW INCOME HOUSING VA 410 BULLITT AVENUE LLC 1116 MAIN STREET STE B ROANOKE VA 24015 LOW INCOME HOUSING VA 530 DAY LLC 1116 MAIN STREET STE B ROANOKE VA 24015 LOW INCOME HOUSING VA 1018 PATTERSON LLC 1116 MAIN STREET STE B ROANOKE VA 24015 LOW INCOME HOUSING VA VILLA HEIGHTS REC CENTER LLC 1116 MAIN STREET STE B ROANOKE VA 24015 LOW INCOME HOUSING VA DALE AVENUE PSH LLC 1116 MAIN STREET STE B ROANOKE VA 24015 LOW INCOME HOUSING VA 820 DALE AVENUE LLC 1116 MAIN STREET STE B ROANOKE VA 24015 844336836 LOW INCOME HOUSING VA N/A RENTAL -72 3406 0 1 0.01000 920 STEWART AVENUE LLC 1116 MAIN STREET STE B ROANOKE VA 24015 853475238 LOW INCOME HOUSING VA N/A RENTAL -196 6357 0 1 0.02000 930 STEWART AVENUE LLC 1116 MAIN STREET STE B ROANOKE VA 24015 883384593 LOW INCOME HOUSING VA N/A RENTAL -104 3728 0 1 0.01000 TRINITY COMMONS LLC 1116 MAIN STREET STE B ROANOKE VA 24015 933288650 LOW INCOME HOUSING VA N/A RENTAL 19940 0 1 0.01000 319 DALE AVENUE LLC 1116 MAIN STREET STE B ROANOKE VA 24015 994529931 LOW INCOME HOUSING VA N/A RENTAL -5190 59605 0 1 0.01000 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 820 DALE AVENUE LLC D 275080 CASH 920 STEWART AVENUE LLC D 262758 CASH 930 STEWART AVENUE LLC D 271062 CASH 319 DALE AVENUE LLC D 34680 CASH TRINITY COMMONS LLC D 1342000 CASH