PLATINUM2024

Housing Opportunities Made Equal of Virginia, Inc. (HOME)

Richmond, VA   |  www.HOMEofVA.org

Mission

HOME’s mission is to ensure equal access to housing for all people.

Ruling year info

1973

Executive Director

Thomas Okuda Fitzpatrick

Main address

626 East Broad Street, Suite 400

Richmond, VA 23219 USA

Show more contact info

Formerly known as

Housing Opportunities Made Equal of Richmond, Inc.

EIN

23-7303018

NTEE code info

Other Housing Support Services (L80)

Civil Rights, Advocacy for Specific Groups (R20)

Alliance/Advocacy Organizations (R01)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Sign in or create an account to view Form(s) 990 for 2023, 2022 and 2021.
Register now

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

HOME works to ensure equal access to housing for all people by addressing the still glaring individual instances and systemic practices of housing discrimination.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Fair Housing

HOME’s Center for Fair Housing protects
the housing choices of all people by assisting and protecting victims of
housing discrimination, investigating fair housing violations, and educating
consumers and the housing industry.

Population(s) Served
People with disabilities
Victims and oppressed people

HOME’s homeownership team helps
families become successful, long-term homeowners through group education and
individual counseling sessions that cover all aspects of buying, sustaining,
and protecting their investment. Educating families on sound money management skills
is another key component.  Additionally,
HOME’s down payment assistance helps families take an important step to
building wealth and obtaining the American dream. Since 1991, over 2,000 families have received downpayment assistance for a total local economic impact over $95,000,000. Five years after purchase, 96 percent of our homeowners have successfully maintained their mortgages.

Population(s) Served
Economically disadvantaged people

HOME’s
foreclosure prevention and intervention program is the largest and most
comprehensive program in Virginia. The level of expertise and sophistication of
our staff have also made our program the most highly respected in the state.
HOME’s trained foreclosure intervention specialists evaluate the situation of
the borrower, collect essential data on the actual condition of their mortgage
loan, and negotiate with lenders and servicers to develop an alternative to
foreclosure that leads to a performing loan and keeps the borrower in their
home. Since 1989, we have counseled more than 5,000 families. In the last five
years, 85 percent of our clients have successfully avoided foreclosure.

Population(s) Served
Adults

HOME’s research team conducts meaningful, systemic fair housing   research and presents statewide  analyses and trends. As consultants,   this team leverages HOME’s national reputation in fair housing, as well as our staff, to produce revenue for the organization while maintaining our mission focus. HOME’s policy endeavors create change in the housing systems that drive economic, educational, and social opportunities. HOME researches key housing issues and builds partnerships to help influence legislative measures at Virginia’s General Assembly.

Population(s) Served
Adults

The Move to Opportunity Program is about doing just what its name suggests: helping families with Housing Choice Vouchers move to neighborhoods with better opportunities. Where you live impacts nearly every facet of your life, including where you work, where you shop for groceries, and where your children go to school. Simply being closer to your job, or having your children enrolled in a good school, can make all the difference in your quality of life. By working closely with landlords and by empowering voucher holders with the knowledge and tools to become a good tenant, we can help ensure voucher holders find a home in a neighborhood that is right for them and their family.

Population(s) Served
Economically disadvantaged people

HOME offers education, counseling, and other assistance to those who are experiencing housing instability. Housing instability means anything that may threaten one’s ability to remain in their home, including evictions. We aim to increase engagement, awareness and knowledge of the housing stabilizing resources, rights, and protections available to the rental community. This is achieved through educational workshops, rental housing counseling, and resource supports. Housing stabilization supports include a variety of resources to qualified residents.

Population(s) Served
Low-income people

Where we work

Awards

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of homebuyers/tenants with low incomes receiving housing subsidies as a result of the nonprofit's efforts

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults

Related Program

Homeownership

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Holding steady

Context Notes

HOME's homeownership program is a rigorous curriculum designed to give homeowners the tools they need to make sound financial decisions to create and sustain wealth over the long-term.

Number of low-income families housed in affordable, well-maintained units as a result of the nonprofit's efforts

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults

Related Program

Move to Opportunity Program

Type of Metric

Input - describing resources we use

Direction of Success

Holding steady

Context Notes

HOME's Move to Opportunity Program helps participants in the Housing Choice Voucher Program rent quality housing in high-opportunity neighborhoods in the Richmond Metropoliltan area.

Hours of literacy instruction delivered

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults

Related Program

Homeownership

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

HOME's financial literacy program helps clients understand and better manage their budgets, debt, and credit.

Number of families assisted with rent or mortgage to avoid eviction

This metric is no longer tracked.
Totals By Year
Related Program

Housing Stability

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Holding steady

Number of financial literacy courses conducted

This metric is no longer tracked.
Totals By Year
Related Program

Housing Stability

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Holding steady

Context Notes

This metric is in fact the number of clients served by HOME's Housing Stability program, which provides financial literacy for those facing eviction.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

HOME's mission is to ensure equal access to housing for all people.

HOME takes direct action in the fight for housing equality with housing counselors who counsel first-time homebuyers, one-on-one, to help them navigate the homebuying process and gain access to down payment assistance for those who qualify. Our housing counselors also serve as liaisons between lenders and families with homes under the threat of foreclosure to help those families retain homeownership. We also have housing counselors who work with housing choice voucher holders who are looking to move from areas of high poverty and low opportunity to areas of lower poverty and higher opportunity.

HOME also works to tackle systemic discriminatory housing practices on a larger scale through fair housing enforcement and research, advocacy and statewide policy work. At a time when unequal access to housing and credit contributes most to the United States’ growing wealth gap, HOME’s multi-faceted approach is a powerful catalyst toward furthering fair housing.

HOME has housing counselors who are certified by the federal Department of Housing and Urban Development to counsel first-time homebuyers.

In the organization's 50 year history, HOME has made great strides in confronting systemic practices and individual incidents.

In 1982, The U.S. Supreme Court, in the landmark unanimous decision for the Havens Realty Corp. v. Coleman case, found that HOME and its testers had standing to sue in fair housing cases. This verdict set national precedent and expanded fair housing enforcement nationwide to include non-government agencies like HOME and other fair housing nonprofits. It is considered the single most important fair housing case ever decided.

In Richmond, HOME filed a lawsuit against the Nationwide Insurance Company, alleging redlining of African-American neighborhoods in 1996. The only insurance redlining case ever to go to trial, Housing Opportunities Made Equal v. Nationwide resulted in a short-lived victory for HOME. Nationwide then appealed to the Virginia Supreme Court, which overturned the verdict. HOME requested reconsideration and the Virginia Supreme Court, in a highly unusual decision, vacated its earlier opinion. HOME and Nationwide eventually settled the case for a lesser amount than the original $100.5 million settlement awarded in the first Richmond circuit court verdict. The Nationwide settlement enabled HOME to establish the Virginia Equal Housing Foundation (VEHF) in 1999.

Financials

Housing Opportunities Made Equal of Virginia, Inc. (HOME)
lock

Unlock financial insights by subscribing to our monthly plan.

Subscribe

Unlock nonprofit financial insights that will help you make more informed decisions. Try our monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights?
Learn more about GuideStar Pro.

Operations

The people, governance practices, and partners that make the organization tick.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Housing Opportunities Made Equal of Virginia, Inc. (HOME)

Board of directors
as of 03/19/2024
SOURCE: Self-reported by organization
Board chair

Sharon Stewart-Murphy

reFine Properties

Term: 2023 - 2024

Dale Batten

DARS/Commonwealth of Virginia

Michael Thorne-Begland

Altria

Chris Jefferson

Ridge Point Real Estate, Inc.

Marianne McGhee

J. Sargeant Reynolds Community College

Eric Dunn

National Housing Law Project

Carol Brown

University of Richmond

Michael Herring

McGuireWoods

Kathryn Howell

Virginia Commonwealth University

Linda Melton

Fulton Bank

Dessie Nash

Bank of America

Agustin Rodriguez

Troutman Pepper

Christy Omarzai

Hometown Realty

Mona Raza

Legal Aid Society of Roanoke Valley

Julie McConnell

University of Richmond

Elizabeth Greenfield

Homebuilders Associations

Kevin Osborne

Retired-Altria

Stephanie Theofanos

Modern Traditions Interiors

Juan Santacoloma

Chesterfield County Public Schools

Sharon Stewart-Murphy

reFine Properties

Monica Brown

Organizational demographics

SOURCE: Self-reported; last updated 1/18/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Asian/Asian American
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 03/04/2022

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.