2026-08-03T12:15:12+00:00 2025-09-30 440160260 FORVIS MAZARS LLP ONE OAK ST SUITE 300 ASHEVILLE NC 28801 990 2024-10-01 521257779 NEW RIVER HOUSE INC NEWR 5405529176 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 MOLLY NEVITT CFO 2026-08-03 true true AMY BIBBY P00445891 8282542254 2026-07-14 2024 2025-03-06 01:10:19Z WILLIAM LESTER 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 606991 false X WWW.RETIRE.ORG X 1982 VA HOUSING FOR ELDERLY AND HANDICAPPED. 16 16 0 0 0 3693 5432 619396 600223 216 -11077 837 1095 624142 595673 0 0 0 0 0 0 0 0 710379 741056 710379 741056 -86237 -145383 692882 757018 1623416 1832935 -930534 -1075917 HOUSING FOR ELDERLY AND HANDICAPPED. false false 335795 600223 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 42 UNITS. 335795 true true false 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 false false true false false false false true 2 0 true 0 false false false false false false false false false false false false X 16 16 false false false false false false false true true false false false false true true true true true false false false false VA X MOLLY NEVITT 5404433403 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 ALLAN BOOKOUT VICE CHAIRMAN / TREASURER 0.5 4.0 X X 0 0 0 ED SPENCER CHAIR 0.5 4.0 X X 0 0 0 HING-HAR LO SECRETARY 0.5 4.0 X X 0 0 0 TOMMY MCDEARIS VICE CHAIRMAN 0.5 4.0 X X 0 0 0 CHARLES JOHNSON DIRECTOR 0.5 4.0 X 0 0 0 HEATHER DUCOTE DIRECTOR 0.5 4.0 X 0 0 0 JASON POSPICHAL DIRECTOR 0.5 4.0 X 0 0 0 KAREN HANKS DIRECTOR 0.5 4.5 X 0 0 0 KATHERINE ALLEN DIRECTOR 0.5 4.0 X 0 0 0 MEG STONE DIRECTOR 0.5 4.0 X 0 0 0 MIKE SPEARS DIRECTOR 0.5 4.5 X 0 0 0 PAMELA TEASTER DIRECTOR 0.5 4.0 X 0 0 0 RICHARD SHEPHERD DIRECTOR 0.5 4.5 X 0 0 0 SAVANNA DYER DIRECTOR 0.5 4.5 X 0 0 0 THOMAS PIERCE DIRECTOR 0.5 4.5 X 0 0 0 WILLIAM PRICE DIRECTOR 0.5 4.0 X 0 0 0 MOLLY NEVITT CFO 0.5 39.5 X 0 154380 12433 WILLIAM LESTER PRESIDENT AND CEO 0.5 39.5 X 0 199560 23000 ALISON TRIGG SHOWALTER ADMINISTRATOR 0.5 39.5 X 0 115908 4645 JOSHUA TONEY RN ADMINISTRATOR WARM HEARTH AT HOME 0.5 39.5 X 0 114922 0 TAMBRA DIXON VP OF PHILANTHROPY 0.5 39.5 X 0 123507 8341 WALTER WILLIAMS DIRECTOR OF NETWORK SERVICES 0.5 39.5 X 0 117066 9649 WILLIAM JONES KHCC ADMINISTRATOR 0.5 39.5 X 0 119899 3615 0 945242 61683 0 false true false 0 5432 5432 TENANT ASSISTANCE PAYMENT 623000 322275 322275 TENANT RENT PAYMENTS 623000 190424 190424 CORPORATE OFFICE SUBLEASE 623000 37380 37380 UTILITY PAYMENTS 623000 36589 36589 HUD SERVICE COORDINATOR 623000 13555 13555 0 0 0 0 600223 241 241 0 0 11318 0 -11318 -11318 -11318 1095 0 0 1095 1095 595673 600223 0 -9982 X 1065 1065 7384 7384 422703 96951 325752 0 1355 1355 50648 6840 43808 20514 20514 45992 41900 4092 3559 2594 965 30479 30479 92988 92988 15628 15628 FOOD 26006 26006 SUPPLIES 18737 18411 326 REPAIRS & MAINTENANCE 3998 3998 0 0 0 0 741056 335795 405261 0 79183 141856 62911 0 19413 22501 0 0 0 0 2346750 1824881 531375 521869 0 0 0 70792 692882 757018 47094 48172 3274 2758 0 0 893550 850205 679498 931800 1623416 1832935 X -930534 -1075917 -930534 -1075917 692882 757018 -145383 0 X X false true true false X 3818 275 1741 3693 5432 14959 0 0 517328 609737 583336 619396 600223 2930020 0 521146 610012 585077 623089 605655 2944979 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2944979 9 10 106 216 241 582 0 9 10 106 216 241 582 0 0 0 313 837 1095 2245 521155 610022 585496 624142 606991 2947806 0.99904 0.99947 0 0 X SCHEDULE A, PART III, LINE 12 OTHER INCOME DESCRIPTION - OTHER INCOME, COLUMN A - , COLUMN B - , COLUMN C - 313.0, COLUMN D - 837.0, COLUMN E - 1095.0, COLUMN F - 2245.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 59197 59197 1903968 1518878 385090 20534 16381 4153 363051 289622 73429 521869 RESERVE FOR REPLACEMENTS 43490 RESIDUAL RECEIPTS ACCOUNT 10685 TENANT SECURITY DEPOSITS 16617 70792 FEDERAL INCOME TAXES DUE TO AFFILIATES 915184 SECURITY DEPOSITS 16616 931800 X 595673 0 0 595673 0 0 595673 741056 0 0 741056 0 0 741056 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 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THAT 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 AT SEPTEMBER 30, 2025 AND 2024. false false false false false false true false false WILLIAM LESTER PRESIDENT AND CEO 0 180572 0 18988 0 0 0 23000 0 0 0 222560 0 0 MOLLY NEVITT CFO 0 135580 0 18800 0 0 0 12433 0 0 0 166813 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 10 ORGANIZATIONS. IT IS PAID THROUGH WARM HEARTH, INC. FORM 990, PART VI, LINE 15 WARM HEARTH, A RELATED ORGANIZATION, COMPENSATES THE 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 REGULARLY 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 INTEREST 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 REELECTION 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 OTHER REVENUE - TOTAL REVENUE: 1095, RELATED OR EXEMPT FUNCTION REVENUE: , UNRELATED BUSINESS REVENUE: , REVENUE EXCLUDED FROM TAX UNDER SECTIONS 512, 513, OR 514: 1095; FORM 990, PART IX, LINE 11G OTHER FEES CONTRACTED & CONSULTING - TOTAL EXPENSE: 62815, PROGRAM SERVICE EXPENSE: 53094, MANAGEMENT AND GENERAL EXPENSES: 9721, FUNDRAISING EXPENSES: ; SHARED SERVICES - TOTAL EXPENSE: 359888, PROGRAM SERVICE EXPENSE: 43857, MANAGEMENT AND GENERAL EXPENSES: 316031, FUNDRAISING EXPENSES: ; FORM 990, PART XII, LINE 2C CHANGE OF OVERSIGHT PROCESS OR SELECTION PROCESS THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FOUNDERS FOREST INC 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 541185224 HOUSING VA 501(C)(4) NA false NEW CENTURY HOUSING INC 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 311788636 HOUSING VA 501(C)(4) 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 TROLINGER HOUSE INC 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 521224684 HOUSING VA 501(C)(3) 10 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 WARM HEARTH INC 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 237378013 HOUSING VA 501(C)(3) 10 NA false WARM HEARTH AT HOME HOSPICE 2607 WARM HEARTH DRIVE SUITE 100 BLACKSBURG VA 24060 334483856 HEALTH CARE VA 501(C)(3) 10 NA false false false true false true false false false false true false false false true true true false false false