project:HOMES
88 Carnation Street
Richmond VA 23225
Mission Statement

project:HOMES (formerly ElderHomes) is dedicated to improving the quality of housing and living conditions for people in need in Central Virginia by making critical home repairs and improvements and building high quality, affordable homes. Our mission is “Improving lives by improving homes.” We help low-income and elderly remain in their homes and comfortably age in place. We improve accessibility and safety in the homes of the disabled and we help revitalize communities by building attractive, energy efficient, affordable homes. 

 The Weatherization program improves comfort and safety, reduces energy costs and utilizes innovative energy conserving techniques.

 The Rehabilitation programs improve home structure and functionality by conducting critical home repairs and improvements. 

 The Renew Crew volunteers tackle smaller home repair projects and build wheelchair ramps and other accessibility modifications.

 The Revitalization program improves neighborhoods by preserving existing homes and building new ones and setting quality standards for affordable housing for a lifetime. 

 The Conservation initiative promotes improving energy efficiency and lowering cost, encourages environmental responsibility and generates financial self-support.

Leadership
CEO/Executive Director Mr. Lee Householder
Board Chair William Poole
Board Chair Company Affiliation Retired, Chesterfield County
Contact Information
Address 88 Carnation Street
Richmond, VA 23225
Telephone 804 233-2827
Fax 804 230-0778
E-mail anne.mcneal@projecthomes.org
History and Background
Year of Incorporation 1992
Former Names
NameYear
ElderHomes Corporation2011
Financial Summary
Revenue vs Expense Bar Graph - All Years
Expense Breakdown Bar Chart - All Years
 
 
Projected Revenue $11,349,674.00
Projected Expenses $11,148,120.00
Additional Documents
Name Change letter2012View
Statements
Mission

project:HOMES (formerly ElderHomes) is dedicated to improving the quality of housing and living conditions for people in need in Central Virginia by making critical home repairs and improvements and building high quality, affordable homes. Our mission is “Improving lives by improving homes.” We help low-income and elderly remain in their homes and comfortably age in place. We improve accessibility and safety in the homes of the disabled and we help revitalize communities by building attractive, energy efficient, affordable homes. 

 The Weatherization program improves comfort and safety, reduces energy costs and utilizes innovative energy conserving techniques.

 The Rehabilitation programs improve home structure and functionality by conducting critical home repairs and improvements. 

 The Renew Crew volunteers tackle smaller home repair projects and build wheelchair ramps and other accessibility modifications.

 The Revitalization program improves neighborhoods by preserving existing homes and building new ones and setting quality standards for affordable housing for a lifetime. 

 The Conservation initiative promotes improving energy efficiency and lowering cost, encourages environmental responsibility and generates financial self-support.

Impact

project:HOMES (formerly ElderHomes) provides home repairs, accessibility modifications, and energy conserving improvements for area residents. Over the past year, project:HOMES improved the living conditions of more than 2,011 individual homeowners and family members. 

  • Rehabbed 147 homes
  • Weatherized 285 homes and 456 apartments
  • The Renew Crew’s 1,181 volunteers performed 354 critical home repairs for 275 households including building and installing 104 wheelchair ramps. And, they were able to leverage $146,045 in public funding by combining services with project:HOMES' Weatherization and Rehab programs to achieve maximum benefit for homeowners.

To further its mission, project:HOMES' Revitalization program built 16 new homes to EarthCraft energy standards and completed 2 shell-rehabilitations in historic Richmond neighborhoods. In addition, project:HOMES develops multi-family communities to provide safe and secure  apartments for 310 low-income seniors.

­­­­­­­­­­­­­­­­­­­­project:HOMES' main goals for the current year include:

  • Keeping up with demand for critical home repairs and accessibility modifications.
  • Fulfilling a growing need for wheelchair ramps with an aging population. 
  • Finding new sources of funding and volunteers to increase capacity to do the work.
  • Assuring that the public knows and understands who we are and what we do.
Needs

The biggest challenge for project:HOMES is keeping up with the demand for service needed by a rapidly-aging population. Our typical client is age 70 with a disability that prevents them from maintaining their home. Our waiting list for home repair and accessibility improvements has grown to 1,100 households with more than 100 of them waiting for a wheelchair ramp. 

Home repairs are costly. Wheelchair ramps are the most expensive part of our Renew Crew program. Many clients are in dire need of accessibility upgrades in their homes, and the Renew Crew volunteers make safety repairs and install the necessary accessibility aids including ramps. At a cost of $1,100 to $3,200 we are limited in the number of ramps we can install. 

Another challenge is keeping our revenue streams diversified in the current economy. The Renew Crew volunteer program is dependent solely on private contributions. It serves homeowners who often cannot qualify for our public funded programs. Volunteers address those issues by augmenting donations with their labor. 

Donations are declining, and even with new sources of funding we struggle to meet our revenue goals. We face the prospect of cutting back services while we continue to search out new sources of funding and additional skilled and unskilled volunteers to keep up with the accelerating need.

project:HOMES must increase capacity to fulfill with our growing waiting list. A lean Renew Crew staff of two full-time managers and two part-time assistants do as much as they can with the help of volunteers.

Background

project:HOMES was founded in 1992 as ElderHomes Corporation by the Capital Area Agency on Aging (CAAA, now Senior Connections) to expand existing housing services for seniors. Today we serve low-income families, the elderly and disabled of all ages. Since inception project:HOMES has completed over 20,000 home repair projects for nearly 13,000 homeowners throughout our service area. We are the only nonprofit agency in the region that provides a full circle of housing services year round. Projects range from raking leaves and making minor home repairs to constructing new homes to Earth Craft energy standards and developing multi-family apartment communities for low-income seniors.

Within our service circle is a distinctive triangle of home repair programs that are performed by trained staff and volunteers. They include weatherizing homes for energy efficiency, performing structural home rehabilitations, and making safety repairs and accessibility improvements including wheelchair ramps with volunteers. By working together, these three programs achieve maximum benefit for clients by combining their services and leveraging their funding streams for the repairs they perform. Over the years they have leveraged over 3.9 million dollars in work to improve the quality of life for area residents so they can live safely, affordably and independently in their own homes.

In 2013, project:HOMES received the Golden Hammer Award for “Best Residential Renovation” for preservation of homes in historic communities (for seven years running, project:HOMES had been the runner up.) We received the “Special Recognition” Golden Hammer Award from the Alliance to Conserve Old Richmond Neighborhoods for commitment to affordable housing through neighborhood revitalization, infill development and preservation in historic communities. Joe Doetzer of project:HOMES received the Richmond History Makers Award for Demonstrating Innovative Solutions through his creation of our innovative modular wheelchair ramp. project:HOMES was selected for the “Best Practices Award” in the Housing Category by the Commonwealth Council on Aging for our Modular Wheelchair Ramp Program. We received the Governor's Award as the "Best Housing Organization in the Commonwealth,” and the U.S. Department of Energy selected project:HOMES as the only nonprofit agency to win its "National Recognition Award." And, our Renew Crew volunteer program is a recipient of the “Virginia Housing Award” for the best program in the state.

Areas of Service
Areas Served
Area
Metro Richmond
Tri-cities Region
Richmond, City
Ashland
Chester
Chesterfield County
Colonial Heights, City
Dinwiddie County
Goochland County
Hanover County
Henrico County
Hopewell, City
Petersburg, City
Powhatan County
New Kent County
Prince George County
Amelia County
Other
Sussex County
Board Chair
Board Chair William Poole
Company Affiliation Retired, Chesterfield County
Term July 2017 to June 2019
Email billandkaren@mindspring.com
Board of Directors
Board Members
NameAffiliation
Dana Ballenger All About Care
Bill Brishke Capital One
Jeanne Canfield PAYCHEX
Carolyn Champion Genworth
Cora Dickerson Community Volunteer
Jonathan Frank Williams Mullen
Aretha Harris John Tyler Community College
Winfred Hayes Hayco, Inc.
Susan Hill Richmond Region Energy Alliance (RREA)
Yvette Jones City of Richmond Office on Aging & Disabilities
Rebecca McNamara Dominion Energy
Zachary Miller Virginia Housing Alliance
William Poole Community Volunteer
Marjoria (Jo) Simms Senior Connections
Mark Slack Kanawha Realty Advisors, LLC
John Thaniel VA Department of Aging & Rehabilitative Services
William Trigg Rutherfoord
John Tull Union Bank & Trust
Board Demographics - Ethnicity
African American/Black 5
Asian American/Pacific Islander 0
Caucasian 13
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Demographics - Gender
Male 9
Female 9
Unspecified 0
Governance
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100
Other Boards
The tables below contain information about other groups that advise this nonprofit on operations and projects.
Executive Director
Executive Director Mr. Lee Householder
Staff
Full Time Staff 26
Part Time Staff 6
Volunteers 1181
Plans
Organization has a Fundraising Plan? Yes
Organization has a Strategic Plan? Yes
Awards
Awards
Award/RecognitionOrganizationYear
Best Practices Award in the Housing CategoryCommonwealth Council on Aging2007
Best Housing OrganizationVirginia Housing Awards2005
National Reconition AwardU. S. Department of Energy2005
"Special Recognition" Golden Hammer Award for committment to affordable housing through neighborhood revitalization and historic preservationAlliance to Conserve Old Richmond Neighborhoods2010
Richmond History Maker for Demonstrating Innovative SolutionsValentine Richmond History Center2011
Golden Hammer Award for "Best Residential Renovation" in historic communityBetter Housing Coalition2013
"Best Program in the Commonwealth" for the volunteer programVirginia Housing Awards2004
Game Changer Award for outstanding achievement in affordable housingVirginia Housing Alliance2016
Programs
Description

The Renew Crew volunteer program provides critical home repairs and accessibility modifications, including wheelchair ramps, for low-income, elderly and disabled homeowners. The program is funded by private contributions. Work is performed by volunteers from area businesses, churches and civic groups. Typical repairs include painting, caulking, repairing walls and ceilings, replacing floors, rebuilding porches, clearing overgrown yards, demolishing unsafe out buildings and curing code violations. Accessibility work includes installing wheelchair ramps, hand railings, grab bars and ADA toilets and widening doorways. 

 

Description

Our Home Rehabilitation program provides critically needed moderate to major rehab services and emergency home repairs to allow homeowners to age in place. We hire and supervise the work of independent contractors for major repairs that focus on a home’s infrastructure and typically feature repairing or replacing roofs, plumbing, and heating and air conditioning systems; and to address structural problems leading to health and safety hazards.  

Description

Our Weatherization & Energy Conservation program improves lives by improving comfort and safety, while reducing annual utility costs by hundreds of dollars. Trained staff conduct whole house pressure testing and use advanced insulation techniques to improve overall energy efficiency. We also conduct heating and cooling safety inspections, and repair or replace antiquated or faulty systems, apply insulation, reseal doors and windows, and replace furnaces. 

Description

Our Revitalization program improves lives by helping to revive struggling communities. We set a quality standard for new development in older neighborhoods. We preserve existing housing by renovating blighted homes, and by building architecturally appropriate, affordable and energy efficient “in-fill” single family homes. We also develop multifamily housing and senior independent living facilities.

Fiscal Year
Projected Revenue $11,349,674.00
Projected Expenses $11,148,120.00
Endowment Value $0.00
Form 990s
IRS Letter of Exemption
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201620152014
Foundation and
Corporation Contributions
$522,453$334,973$293,198
Government Contributions$4,861,043$4,974,269$5,112,406
Federal------
State$1,859,532$2,179,579$2,639,378
Local$3,001,511$2,794,690$2,473,028
Unspecified------
Individual Contributions$142,856$463,968$310,441
------
$3,208,452$2,579,639$1,417,448
Investment Income, Net of Losses$33,773$14,355$71,782
Membership Dues------
Special Events------
Revenue In-Kind------
Other$298,533$44,473$37,581
Expense Allocation
Fiscal Year201620152014
Program Expense$8,249,327$7,774,566$6,943,580
Administration Expense$235,896$259,772$309,949
Fundraising Expense$22,907$21,889$20,419
Payments to Affiliates------
Total Revenue/Total Expenses1.071.041.00
Program Expense/Total Expenses97%97%95%
Fundraising Expense/Contributed Revenue0%0%0%
Assets and Liabilities
Fiscal Year201620152014
Total Assets$5,714,041$5,521,159$4,921,864
Current Assets$3,305,482$2,834,876$1,848,375
Long-Term Liabilities$457,179$1,050,730$1,048,062
Current Liabilities$1,298,453$1,071,000$829,823
Total Net Assets$3,958,409$3,399,429$3,043,979
Short Term Solvency
Fiscal Year201620152014
Current Ratio: Current Assets/Current Liabilities2.552.652.23
Long Term Solvency
Fiscal Year201620152014
Long-Term Liabilities/Total Assets8%19%21%
Capital Campaign
Currently in a Capital Campaign? No
Capital Campaign Anticipated in Next 5 Years? Yes
State Charitable Solicitaions Permit
Solicitations Permit
Solicitations Permit 11/2017View
Comments
Foundation Comments
  • Financial information provided from audit
  • Audit and Form 990 prepared by Harris, Hardy & Johnstone, PC.