HOUSING OPPORTUNITIES MADE EQUAL OF VIRGINIA INC

RICHMOND, VA | Richmond City
Affordable Housing

Overview

HOUSING OPPORTUNITIES MADE EQUAL OF VIRGINIA INC
23-7303018
626 E BROAD ST STE 400
RICHMOND, VA 23219
Richmond City
(804) 354-0641

Mission Statement info

THE MISSION OF HOME IS TO ENSURE EQUAL ACCESS TO HOUSING FOR ALL PEOPLE.

Founded info
1971
Total Employees info
71
Total Volunteers info
80
CRA Category info
  • Affordable Housing
Nonprofit location info
  • LMI Census Tract
  • Opportunity Zone
Awards & Certifications info
  • HUD Counseling Agency
Nonprofit Classification (NTEE Code) info
L82

L - Housing, Shelter

Housing Expense Reduction Support

Organizations that provide home purchase or construction loans; finance new living accommodations; or pay current housing and/or utility bills for people who cannot afford to make the payments themselves and who qualify for this service on the basis of need or income.

IRS Activity Codes info
059
Other school related activities
399
Other housing activities
-
Not reported
Standard Business Classification (NAICS Code) info
624229
Other Community Housing Services

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Counseling Programs Offered info
  • Financial Management/Budget Counseling
  • Financial, Budgeting and Credit Workshops
  • Mortgage Delinquency and Default
  • Non-Delinquency Post Purchase Workshops
  • Pre-Purchase Counseling
  • Pre-Purchase Homebuyer Workshops
  • Rental Housing Counseling
  • Rental Housing Workshops
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$6.9M
Revenue
$6.8M
Assets
$4.6M
Exempt Ruling Date info
1973-07
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
VA
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
626 E BROAD ST STE 400
RICHMOND, VA 23219
Richmond City
FIPS Geocoded Address info
40060
MSA/CBSA info
51
State info
760
County info
0302.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
Richmond, VA
Combined Statistical Area info
Not located in a CSA.
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 43.85%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0302.00 Richmond City
Population
Total Population 2,527 226,622
Total Households 916 90,301
Income
Median Family Income (Census*) $45,197 $47,250
Median Family Income (2019 FFIEC) $81,600 N/A
Tract Income Percentage 60.11% N/A
Below Poverty Level 40.8% 23.2%
Unemployment Level 13.3% 6.5%
Housing
Total Housing Units 1,063 100,458
Total Owner-Occupied Units 19.8% 42.6%
Total Renter-Occupied Units 66.4% 57.4%
Total Vacant Units 13.8% 6%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

19
Total Voting Members
in Governing Body
info
19
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Monica L Jefferson
Vice President & Coo
(804) 354-0641
Principal Officer info
Heather Mullins Crislip
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.