RESTORATION HOUSING INC
1116 MAIN STREET STE B, ROANOKE, VA 24015 restorationhousing.org

Total Revenue
$608,025
Total Expenses
$91,201
Net Assets
$723,120

Organizations Filed Purposes: OUR MISSION IS TO CREATE AND ASSIST IN DEVELOPMENT PROJECTS WITH A FOCUS ON HISTORIC PRESERVATION OF ARCHITECTURAL RESOURCES. OUR PROJECTS ARE INTENDED TO BOTH ADDRESS THE NEEDS OF LIMITED INCOME FAMILIES AND TO STRENGTHEN THE COMMUNITY BY REDUCING BLIGHT AND VACANCY

RESTORATION HOUSING ENJOYED HEALTHY MOMENTUM IN 2019, REPLETE WITH CONFERENCES, RIBBON CUTTINGS, FUNDRAISERS, AND VOLUNTEER WORKDAYS. AT THE START OF 2019, OUR ORGANIZATION STRADDLED THE TWO POSITIONS THAT IT OFTEN DOES AT THE BEGINNING OF THE YEAR- OVERSEEING CONSTRUCTION OF ONE PROJECT (IN THIS INSTANCE VILLA HEIGHTS) AND BUSILY NEGOTIATING THE COMPLEX PRE-DEVELOPMENT WORK OF OUR NEXT PROJECT IN THE PIPELINE (326 DALE AVENUE IN SOUTHEAST ROANOKE). WE WERE THRILLED TO LEARN THAT WE WERE THE RECIPIENTS OF FUNDING FROM THE STATE HOUSING TRUST FUND (ADMINISTERED THROUGH THE VIRGINIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT) FOR OUR PROJECT AT 326 DALE AVENUE. THIS AWARD MEANT THAT OUR ORGANIZATION COULD AFFORD THE SIZEABLE CONSTRUCTION COSTS WHILE KEEPING OUR RENTS AFFORDABLE FOR FORMERLY HOMELESS INDIVIDUALS, ONCE COMPLETE. BY THE LATE SPRING AND EARLY SUMMER, CONSTRUCTION AT VILLA HEIGHTS MOVED ALONG SWIFTLY. WE HOSTED OUR ANNUAL COMMUNITY PARTNERSHIP DAY AT THE NORTHWEST-BASED HOUSE, WHICH PROVED TO BE A REWARDING ENDEAVOR WITH ROUGHLY 3.5 ACRES OF PARKLAND TO WORK ON (INCLUDING A BASKETBALL COURT AND PLAYGROUND) SURROUNDING THE HOUSE. VOLUNTEERS HELPED US PLANT TREES, REMOVE DEBRIS, MULCH, WEED, AND PLANT NEW PERENNUALS THROUGHOUT. THE EFFORTS OF THIS SITE BEAUTIFICATION HELPED TO COMPLEMENT OUR RESTORATION EFFORTS OF THE HOUSE, WHICH WERE FINALIZED IN AUGUST. WE MARKED THE COMPLETION WITH A CELEBRATION AT THE PROPERTY IN HONOR OF OUR ORGANIZATION'S 5TH ANNIVERSARY, A WONDERFUL WAY TO CULMINATE THE WORK THAT HAD GONE INTO THE 200 YEAR OLD HOUSE'S TRANSFORMATION. BY FAR, THE BUSIEST TIME OF THE YEAR FOR RESTORATION HOUSING IS TYPICALLY THE FALL. IN 2019, WE HOSTED OUR SECOND ANNUAL PRESERVE LUNCHEON IN SEPTEMBER, WE BEGAN CONSTRUCTION ON 326 DALE AVENUE IN OCTOBER, WE MOVED OUR NEW TENANTS INTO VILLA HEIGHTS IN NOVEMBER, AND WE SIGNED A PURCHASE CONTRACT FOR OUR FIFTH PROPERTY IN DECEMBER.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Isabel ThorntonPRESIDENT & SECRETARY40$41,000
Richard HedleyTREASURER0$0
Nathan KerrBOARD MEMBER0$0
Carol TuningBOARD MEMBER0$0
Shirley HollandBOARD MEMBER0$0
David AllenBOARD MEMBER0$0
Daniel W MerendaBOARD MEMBER0$0
John CornthwaitBOARD MEMBER0$0
Walton RutherfoordBOARD MEMBER0$0
Lucas ThorntonBOARD MEMBER0$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202011969349303476_public.xml