HOUSING OPPORTUNITIES MADE EQUAL OF VIRGINIA INC

EIN: 237303018 501(c)(3) Housing & Shelter

Richmond, VA

Total Revenue
$5,989,221
Total Expenses
$5,531,330
Total Assets
$3,579,481
Net Assets
$3,009,074
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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
VA
Principal Officer
THOMAS O FITZPATRICK
Phone
8043540641
Tax Period
2024-07-01 to 2025-06-30

HOUSING OPPORTUNITIES MADE EQUAL OF VIRGINIA INC, founded in 1971, is a community nonprofit in the Housing & Shelter sector that reported $6.0M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $5.5M left a modest 8% surplus.

Mission

HOME OF VA ENSURES EQUAL ACCESS TO HOUSING OPPORTUNITIES BY BUILDING INDIVIDUAL CAPACITY, ENSURING COMPLIANCE WITH FAIR HOUSING LAWS, AND PROMOTING EFFECTIVE PUBLIC POLICY TO ADVANCE HOUSING JUSTICE.

Program Service Accomplishments

Program 1
Expenses: $3,578,621 Revenue: $0

HOMEs Housing Counseling and Education program expands housing opportunities for individuals and families by dismantling barriers to housing and associated wealth inequality. We focus particularly on...

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HOMEs Housing Counseling and Education program expands housing opportunities for individuals and families by dismantling barriers to housing and associated wealth inequality. We focus particularly on those from communities confronting - or contending with the legacies of - housing discrimination. Our HUD-certified counselors provide counseling and education to help people gain the knowledge and financial skills necessary to access and maintain stable housing. In Fiscal Year 2024-2025, we served over one thousand clients. Our homeownership team counseled 300 clients and closed 82 loans for first-time homebuyers. Our foreclosure prevention team received intakes of over 200 people from across Virginia, and while 62% of homeowners at risk of foreclosure lose their homes, 65% of those working with HOME of VA remained in their homes. And the mobility team served 238 clients and helped 53 families relocate to areas of greater opportunity. The Housing Counseling and Education programs direct service work also provides critical touchpoints and information to our Fair Housing Advocacy program by identifying the larger, systemic barriers faced by our clients.

Program 2
Expenses: $1,768,209 Revenue: $109,525

HOMEs Fair Housing Advocacy program advocates passionately for justice in housing. We protect and advance the rights of individuals and communities facing present-day housing discrimination or the...

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HOMEs Fair Housing Advocacy program advocates passionately for justice in housing. We protect and advance the rights of individuals and communities facing present-day housing discrimination or the impacts of historic discrimination through administrative complaints, litigation, public education, and public policy. In FY2024-2025, HOME provided fair housing services to more than 260 individuals, conducted nearly 100 fair housing education and outreach workshops to various groups around the state, and filed 19 lawsuits/complaints on behalf of discrimination victims. Additionally, seven housing-related complaints were referred to outside attorneys for assistance. One case of note involves Peggy Bauckman and her sister-in-law, Pat Jaco. When Peggys mobility declined, she asked her Charlottesville landlord for reasonable accommodations like accessible parking. He refused - and evicted her for being a nuisance. Peggys sister-in-law, Pat Jaco, took her in. But Pats inaccessible house meant Peggy had to sleep in an armchair and use a portable toilet. Though Peggy eventually found accessible housing, the trauma lingered; Pat often found her crying alone. Ten months after the unlawful eviction, Peggy passed away. After the Virginia Fair Housing Office found that Peggys landlord had violated the law, HOME of VA filed a federal lawsuit and secured a settlement for Peggys family. Her case illustrates the devastating human cost when landlords choose discrimination over fair housing, and how HOME of VA holds landlords accountable. Informed by client experiences and stories, our public policy team developed an ambitious state legislative agenda. We and our community partners successfully advocated for the 2025 Virginia General Assembly to pass-most with bipartisan support -- six of HOME of VAs priority bills to expand access to housing, reduce discrimination in property appraisals and valuations, curb our high eviction rates, and improve housing conditions. HOME of VA, with the mobilization of over a hundred local residents, also advocated for housing equity at the local level. We promoted zoning reforms in Chesterfield County and property tax relief in Richmond City to increase housing access and stability.

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Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,505,636
Program Service Revenue $380,538
Investment Income $103,047
Other Revenue $0
TOTAL REVENUE $5,989,221

Expense Breakdown

Grants Paid $1,626,665
Salaries & Benefits $2,283,519
Fundraising Expenses $104,382
Program Expenses $5,346,830
Other Expenses $1,621,146
TOTAL EXPENSES $5,531,330

Year-over-Year Comparison

2024 2023 Change
Revenue $5,989,221 $5,382,513 +0.1%
Expenses $5,531,330 $6,352,753 -0.1%
Net Income $457,891 $-970,240 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
84
Volunteers
73

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$172,811
Total Directors
19
$0
Key Employees
3
$398,352
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS OKUDA FITZPATRICK EXECUTIVE DIRECTOR 35.00
Officer Highest
$151,730 $21,081 $172,811
ANDREW HAUGH DIRECTOR OF FINANCE 35.00
Key Emp
$126,460 $18,169 $144,629
BRENDA HICKS DEPUTY DRECTOR 35.00
Key Emp
$112,174 $17,551 $129,725
BRENDA CASTANNEDA DEPUTY DRECTOR 35.00
Key Emp
$117,473 $6,525 $123,998
CHRISTY OMARZAI CHAIR 1.00
Officer Director
$0 $0 $0
DALE BATTEN VICE CHAIR 1.00
Officer Director
$0 $0 $0
MONA RAZA VICE CHAIR 1.00
Officer Director
$0 $0 $0
STEPHANIE THEOFANOS VICE CHAIR 1.00
Officer Director
$0 $0 $0
ELIZABETH GREENFIELD SECRETARY 1.00
Officer Director
$0 $0 $0
MONICA BROWN TREASURER 1.00
Officer Director
$0 $0 $0
SHARON STEWART-MURPHY IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
CAROL BROWN DIRECTOR 1.00
Director
$0 $0 $0
ERIC DUNN DIRECTOR 1.00
Director
$0 $0 $0
JULIE MCCONNELL DIRECTOR 1.00
Director
$0 $0 $0
MARIANNE MCGHEE DIRECTOR 1.00
Director
$0 $0 $0
VICTOR MCKENZIE DIRECTOR 1.00
Director
$0 $0 $0
DESSIE NASH DIRECTOR 1.00
Director
$0 $0 $0
KEVIN OSBORNE DIRECTOR 1.00
Director
$0 $0 $0
AGUSTIN RODRIGUEZ DIRECTOR 1.00
Director
$0 $0 $0
JUAN SANTACOLOMA DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL THORNE-BEGLAND DIRECTOR 1.00
Director
$0 $0 $0
GRACE WASHINGTON DIRECTOR 1.00
Director
$0 $0 $0
DANIEL WATKINS DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,989,221 $5,531,330 $3,579,481 $457,891
2025 $5,989,221 $5,531,330 $3,579,481 $457,891
2024 $5,382,513 $6,352,753 $3,269,492 $-970,240
2023 $5,172,721 $5,901,079 $4,613,572 $-728,358
2022 $11,055,422 $10,391,744 $5,191,180 $663,678
2021 $5,224,528 $5,567,047 $4,194,387 $-342,519
2020 $3,606,735 $4,024,258 $4,556,622 $-417,523
2019 $3,447,462 $3,454,978 $4,645,413 $-7,516
2018 $6,786,943 $3,250,966 $4,615,031 $3,535,977
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