Better Housing Coalition FY2023 filing

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To develop affordable Housing communities in the richmond, virginia metropolitan area.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$887K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $4.2M a year · 40% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$887K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
19 mo
of spending, in cash
Looks good: 18.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
24
named funders · $3.9M
Looks good: 24 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$17.2M
36% of total assets
Looks good: liabilities are 36% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.4M
+0.8% vs prior year
Spent
$5.2M
To programs
85%
Net assets
$31.1M
By yearFY2020–FY2025
Revenue
$7.4M
FY2023▲ +0.8%
Tap a bar for its year
Revenue by fiscal year
FY2020$7.0M
FY2021$8.8M
FY2022$7.4M
FY2023$7.4M
FY2024$12.0M
FY2025$20.1M
Expenses
$5.2M
FY2023▲ +43%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.2M
FY2021$3.9M
FY2022$3.7M
FY2023$5.2M
FY2024$9.0M
FY2025$12.7M
Net assets
$31.1M
FY2023▲ +11%
Tap a bar for its year
Net assets by fiscal year
FY2020$18.6M
FY2021$23.5M
FY2022$27.9M
FY2023$31.1M
FY2024$34.2M
FY2025$42.7M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1988.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $4.4M Management & general 12% · $648K Fundraising 3% · $162K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

25 people listed on the 990; $887K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$339,050Pt VII · Sec A
Vice President & CFO
$199,285Pt VII · Sec A
VP of Property Management
$137,539Pt VII · Sec A
VP of Resource Develop.
$112,144Pt VII · Sec A
Director of Multi-Family Devel
$98,911Pt VII · Sec A
Immediate Past Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Greta Harris’s $374K as President & CEO is at the 88th percentile of top reported officer pay among 676 $10–100M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Greta Harris$374,232$355,493$339,050$311,491$272,356$260,490
Alana Gonzalez$236,233$217,382————
Julie Hovermale$231,560$211,748$199,285$187,481$167,740$157,060
Lee Alford$144,135$132,613$98,911$105,937——
Matt Scaparro—$132,547$137,539$126,916$121,816$120,374
Monique Johnson————$126,576$87,837
John Bolton—————$116,897
Kathie Fors$113,348—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Better Housing Coalition executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops and renovates affordable housing communities and supports local housing organizations in the Richmond, Virginia metropolitan area.

Questions for Better Housing Coalition

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1 program · $4.4M · in their own filed words · FY2023
01

Development AND/OR renovation for affordable housing and assistance of community housing organization.

$4.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 24 funders →
Grants paid · 8 grants · $9.4M · 2020–2025
Richmond Affordable HousingVA · FY2025$8,692,400
Richmond Affordable HousingVA · FY2022$237,133
Unitemized GrantFY2022$211,300
Unitemized GrantFY2022$24,485
Unitemized GrantFY2022$5,047
Richmond Affordable HousingVA · FY2021$68,891
Unitemized GrantFY2021$5,928
Richmond Affordable HousingVA · FY2020$128,885

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Dec 2024 · $1.9M federal money spent
Coronavirus State and Local Fiscal Recovery FundsDepartment of the Treasury · ALN 21.027 · Through City of Richmond$1.8M
Community Development Block Grants/Entitlement GrantsDepartment of Housing and Urban Development · ALN 14.218 · Direct$86K

The auditor reported no findings.

Year ending Dec 2023 · $1.6M federal money spent
Home Investment Partnerships ProgramDepartment of Housing and Urban Development · ALN 14.157 · Direct$1.6M

The auditor reported no findings.

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$7.4M
Ln 12
Gifts and grantsLn 1h$7.8M
Fees for servicesLn 2g$161K
Investment incomeLn 3$137K
Money outPt IX
$5.2M
Ln 25
Programscol B$4.4M
Managementcol C$648K
Fundraisingcol D$162K
Owns and owesPt X
$31.1M
net assets · Ln 32
Cash and savingsLn 1–2$8.2M
Total assetsLn 16$48.2M
LiabilitiesLn 26$17.2M
PeoplePt VI, VII
25
listed · VII A
PaidVII A5
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.8M
Government grantsLn 1e$3.5M
Fees for servicesLn 2g$161K
Investment incomeLn 3$137K
Gains on assetsLn 7−$777K
Total revenueLn 12$7.4M
Assets in detailPt X, end of year
CashLn 1$5.8M
SavingsLn 2$2.4M
Cash and savings togetherLn 1–2$8.2M
Pledges and grants receivableLn 3$16K
Accounts receivableLn 4$324K
Prepaid expenses and deferred chargesLn 9$67K
Land, buildings, equipmentLn 10c$716K
InvestmentsLn 11–13$3.9M
Other assetsLn 15$35.0M
Total assetsLn 16$48.2M
LiabilitiesLn 26$17.2M
Net assetsLn 32$31.1M
OperationsPt I, VI
EmployeesI 5101
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$7.0M$8.2M
InvestmentsLn 11–13$970K$3.9M
Land, buildings, equipmentLn 10c$1.5M$716K
Total assetsLn 16$35.7M$48.2M
LiabilitiesLn 26$7.8M$17.2M
Net assetsLn 32$27.9M$31.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.0M$2.0M
Grants to domestic individualsLn 2$9K$9K
Other salaries and wagesLn 7$1.9M$1.4M$371K$93K
Pension plan contributionsLn 8$81K$61K$16K$4K
Other employee benefitsLn 9$182K$136K$36K$9K
Payroll taxesLn 10$122K$92K$24K$6K
Legal feesLn 11b$1K$945$252$63
Accounting feesLn 11c$27K$20K$5K$1K
Other fees for servicesLn 11g$139K$104K$28K$7K
Advertising and promotionLn 12$134K$101K$27K$7K
Office expensesLn 13$51K$38K$10K$3K
Information technologyLn 14$25K$19K$5K$1K
OccupancyLn 16$195K$147K$39K$10K
TravelLn 17$19K$14K$4K$960
Conferences, conventions and meetingsLn 19$32K$24K$6K$2K
Depreciation, depletion and amortizationLn 22$42K$32K$8K$2K
InsuranceLn 23$36K$27K$7K$2K
Other expenses (24a–d)Ln 24$207K$157K$40K$10K
All other expensesLn 24e$101K$76K$20K$5K
Total functional expensesLn 25$5.2M$4.4M$648K$162K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 22, 2026 $20.1M$12.7M$7.4M$42.7M 990 PDF
FY2024Filed with the IRS May 20, 2025 $12.0M$9.0M$2.9M$34.2M 990 PDF
FY2023 ViewingFiled with the IRS May 28, 2024 $7.4M$5.2M$2.2M$31.1M 990 PDF
FY2022Filed with the IRS May 24, 2023 $7.4M$3.7M$3.7M$27.9M 990 PDF
FY2021Filed with the IRS May 18, 2022 $8.8M$3.9M$4.9M$23.5M 990 PDF
FY2020Filed with the IRS May 25, 2021 $7.0M$3.2M$3.8M$18.6M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $7,436,643 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,097,058$7,782,314
I-9 Program service revenuePrior year $228,000$160,688
I-10 Investment incomePrior year $7,218−$639,231
I-11 Other revenuePrior year $48,855$132,872
I-12 Total revenuePrior year $7,381,131$7,436,643
I-13 Grants and similar amounts paidPrior year $482,721$1,983,338
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,317,231$2,237,612
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $861,664$1,011,094
I-18 Total expensesPrior year $3,661,616$5,232,044
I-19 Revenue less expensesPrior year $3,719,515$2,204,599
Part VI · Governance 20 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $7,436,643 across 10 lines filed
VIII-1d Related organizations$488,375
VIII-1e Government grants$3,542,944
VIII-1f All other contributions, gifts and grants$3,750,995
VIII-1h Total contributions, gifts and grants$7,782,314
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$160,688
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$137,276
VIII-7 Net gain or loss on sales of assetsRelated to mission −$776,507 · Unrelated business $0 · Excluded from tax $0−$776,507
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $119,597$119,597
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $13,275 · Unrelated business $0 · Excluded from tax $0$13,275
VIII-12 Total revenueRelated to mission −$465,268 · Unrelated business $0 · Excluded from tax $119,597$7,436,643
Part IX · Statement of functional expenses $5,232,044 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $1,974,182$1,974,182
IX-2 Grants to domestic individualsPrograms $9,156$9,156
IX-7 Other salaries and wagesPrograms $1,389,848 · Management $370,626 · Fundraising $92,657$1,853,131
IX-8 Pension plan contributionsPrograms $60,580 · Management $16,155 · Fundraising $4,039$80,774
IX-9 Other employee benefitsPrograms $136,269 · Management $36,338 · Fundraising $9,085$181,692
IX-10 Payroll taxesPrograms $91,511 · Management $24,403 · Fundraising $6,101$122,015
IX-11b Legal feesPrograms $945 · Management $252 · Fundraising $63$1,260
IX-11c Accounting feesPrograms $20,423 · Management $5,446 · Fundraising $1,362$27,231
IX-11g Other fees for servicesPrograms $104,368 · Management $27,832 · Fundraising $6,958$139,158
IX-12 Advertising and promotionPrograms $100,743 · Management $26,865 · Fundraising $6,716$134,324
IX-13 Office expensesPrograms $38,319 · Management $10,218 · Fundraising $2,555$51,092
IX-14 Information technologyPrograms $18,579 · Management $4,954 · Fundraising $1,239$24,772
IX-16 OccupancyPrograms $146,611 · Management $39,096 · Fundraising $9,774$195,481
IX-17 TravelPrograms $14,405 · Management $3,841 · Fundraising $960$19,206
IX-19 Conferences, conventions and meetingsPrograms $24,093 · Management $6,425 · Fundraising $1,606$32,124
IX-22 Depreciation, depletion and amortizationPrograms $31,833 · Management $8,489 · Fundraising $2,122$42,444
IX-23 InsurancePrograms $26,676 · Management $7,114 · Fundraising $1,778$35,568
IX-24 Other expenses (24a–d)Programs $157,001 · Management $40,050 · Fundraising $10,012$207,063
IX-24e All other expensesPrograms $76,028 · Management $20,274 · Fundraising $5,069$101,371
IX-25 Total functional expensesPrograms $4,421,570 · Management $648,378 · Fundraising $162,096$5,232,044
Part X · Balance sheet $48,245,699 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $5,975,189$5,774,641
X-2 Savings and temporary cash investmentsStart of year $984,059$2,449,258
X-3 Pledges and grants receivableStart of year $25,000$15,750
X-4 Accounts receivableStart of year $225,358$323,738
X-9 Prepaid expenses and deferred chargesStart of year $48,379$66,940
X-10c Land, buildings and equipment, netStart of year $1,467,323$715,607
X-11 Publicly traded securitiesStart of year $234,275$248,705
X-13 Program-related investmentsStart of year $735,694$3,636,919
X-15 Other assetsStart of year $26,016,214$35,014,141
X-16 Total assetsStart of year $35,711,491$48,245,699
X-17 Accounts payable and accrued expensesStart of year $98,370$40,279
X-19 Deferred revenueStart of year $62,280$263,215
X-24 Unsecured notes and loans payableStart of year $7,453,333$16,700,393
X-25 Other liabilitiesStart of year $188,368$152,234
X-26 Total liabilitiesStart of year $7,802,351$17,156,121
X-27 Net assets without donor restrictionsStart of year $25,270,642$27,687,138
X-28 Net assets with donor restrictionsStart of year $2,638,498$3,402,440
X-32 Total net assets or fund balancesStart of year $27,909,140$31,089,578
X-33 Total liabilities and net assetsStart of year $35,711,491$48,245,699
Part XI · Reconciliation of net assets $31,089,578 net assets at year end
XI-1 Total revenue$7,436,643
XI-2 Total expenses$5,232,044
XI-3 Revenue less expenses$2,204,599
XI-4 Net assets at start of year$27,909,140
XI-9 Other changes in net assets$975,839
XI-10 Net assets at end of year$31,089,578

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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