EIN 54-1595851

Project Homes

IRS 501(c) type
501(c)(3)
Num. employees
65
Year formed
1992
Most recent tax filings
2024-06-01
Description
Project Homes enhances affordable housing by producing quality homes, providing repairs, and improving energy efficiency for low-income and disabled individuals in Richmond.
Also known as...
Elderhomes Corporation
Total revenues
$25,889,049
2024
Total expenses
$25,037,384
2024
Total assets
$19,513,548
2024
Num. employees
65
2024

Program areas at Project Homes

Weatherization program: provide energy conservation weatherization services and emergency home repair to elderly & low income individuals.
Home rehabilitation program: comprehensive home rehabilitation-provides home repairs to low income individuals.
Affordable housing program: housing rehabilitation and neighborhood revitalization and emergency home repair as well as construction of new energy-efficient Homes.
Volunteer services: renew crew volunteers, completed home repairs, and accessibility modifications for senior and disabled homeowners.

Who funds Project Homes

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Mary Morton Parsons FoundationSupport the Bermuda Estates Mobile Home Park Project$400,000
The Cameron FoundationHistoric Preservation & Cnsrvtn:program Support$157,754
Bon Secours VirginiaMission Support$155,000
...and 17 more grants received

Personnel at Project Homes

NameTitleCompensation
Lee HouseholderChief Executive Officer$223,678
Sheila WaltersChief Financial Officer$160,200
Matt HinkleVice President , Operations and Asset Management$116,975
Marion CakeVice President , Affordable Housing Development$150,460
Tori TeigDirector of Finance , Energy Conservation
...and 11 more key personnel

Financials for Project Homes

RevenuesFYE 06/2024
Total grants, contributions, etc.$22,025,334
Program services$3,690,611
Investment income and dividends$121,842
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$30,000
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$21,262
Total revenues$25,889,049

Form 990s for Project Homes

Fiscal year endingDate received by IRSFormPDF link
2024-062024-11-12990View PDF
2023-062024-01-15990View PDF
2022-062023-03-24990View PDF
2021-062021-11-10990View PDF
2020-062021-03-31990View PDF
...and 10 more Form 990s

Organizations like Project Homes

OrganizationLocationRevenue
HFCCSan Antonio, TX$11,797,343
Alamo Community GroupSan Antonio, TX$11,262,445
Merced Housing TexasSan Antonio, TX$11,389,312
The Neighborhood DevelopersChelsea, MA$8,309,577
Self-Help EnterprisesVisalia, CA$65,987,549
Central Massachusetts Housing Alliance (CMHA)Worcester, MA$24,190,226
Coachella Valley Housing Coalition (CVHC)Indio, CA$24,388,637
Affordable Homes of South TexasMcallen, TX$9,808,440
Housing Development AllianceHazard, KY$8,262,095
Capital Area Housing PartnershipLansing, MI$10,161,679
Data update history
January 5, 2025
Posted financials
Added Form 990 for fiscal year 2024
December 31, 2024
Used new vendors
Identified 2 new vendors, including , and
December 28, 2024
Used new vendors
Identified 1 new vendor, including
December 28, 2024
Updated personnel
Identified 4 new personnel
November 24, 2024
Received grants
Identified 1 new grant, including a grant for $400,000 from The Mary Morton Parsons Foundation
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
State / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
88 Carnation St
Richmond, VA 23225
Metro area
Richmond, VA
County
Richmond city, VA
Website URL
projecthomes.org/ 
Phone
(804) 233-2827
IRS details
EIN
54-1595851
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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