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Virginia · Nonprofit

TRUE GROUND HOUSING PARTNERS INC

TRUE GROUND HOUSING PARTNERS INC (Virginia) receives grants from 51 organizations whose IRS filings report $5,192,528 to it, the largest being ARLINGTON COMMUNITY FOUNDATION ($1,722,296). 22 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$39M
Funders on record
51
Grants received
$5.2M
Net assets
$126M
22/51 repeat funderspeak grant-dependency 14%
01What it does

What True Ground Housing Partners Inc does

Mission

We exist to provide quality affordable housing and resident-centered programming to help our residents make the most of their home.

As stated on its FY2024 Form 990.

Program

  1. Tgh provides 2,527 units to low to moderate income housing and 306 market rate units for families and individuals. Tgh provides its low-income households with programs and services to promote financial stability, health and wellness, educational and workforce success, and civic engagement.

    $16,202,365 spent$18,390,092 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $16,202,365.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended.

100 = 20192019 Revenue 100 ($27M) Expenses 100 ($3.9M) Net assets 100 ($61M)2020 Revenue 55 ($15M) Expenses 125 ($4.9M) Net assets 116 ($71M)2021 Revenue 61 ($16M) Expenses 142 ($5.5M) Net assets 129 ($79M)2022 Revenue 75 ($20M) Expenses 192 ($7.5M) Net assets 174 ($106M)2023 Revenue 91 ($24M) Expenses 261 ($10M) Net assets 195 ($119M)2024 Revenue 147 ($39M) Expenses 451 ($18M) Net assets 207 ($126M)
201920202021202220232024
Revenue (147)Expenses (451)Net assets (207)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $108M to $164M (+51%).

$85M
$99M
$108M
$164M
$181M
$216M
201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 1% · 2021 3% · 2022 11% · 2023 2% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$23M
’19
$9.8M
’20
$11M
’21
$13M
’22
$14M
’23
$22M
’24
12
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Carmen Romero

President / director / CEO

Board chair

Rich Jordan

Chair / director

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2020 and FY2021 filings.

201920202021202220232024
Listed303236343337
Joined·+6+7+7+4+4
No longer listed·43950
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 9 funders to 14 funders, grant income rose $133k → $571k.

17 of 51 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 54% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of TRUE GROUND HOUSING PARTNERS INC’s funders (the co-funder graph). Top 30 of 51 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

TRUE GROUND HOUSING PARTNERS INC has a broad base — no single funder exceeds 33% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

89% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TRUE GROUND HOUSING PARTNERS INC.

33%
largest funder
52%
top three
~7
effective funders

Largest funder’s share by year: 2017 26% · 2018 22% · 2019 21% · 2020 67% · 2021 19% · 2022 42% · 2023 53% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

40% of TRUE GROUND HOUSING PARTNERS INC's funders are still giving 3 years after their first grant; 43% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

54% of TRUE GROUND HOUSING PARTNERS INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2.4M that is directly attributable, 76% of it comes from funders outside Virginia, across 10 states.

IL
NY
CA
VA
MD
DE
NC
DC
GA
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $2.8M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding TRUE GROUND HOUSING PARTNERS INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $7.0M on record.

Federal$7.0M
grants $7.0Mcontracts $0
22
23
24
Top agencies
  • Department of the Treasury$5.0M
  • Department of Housing and Urban Development$2.0M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like TRUE GROUND HOUSING PARTNERS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 7%Fundraising 0%

Governance

23
board members
96%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

94%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 5 states

WA
VA
MD
DC
FL

Part of a family of 107 related entities

  • Apah Acquisitons LLC · disregarded
  • Apah Avonlea Phase I LLC · disregarded
  • Apah Avonlea Phase II LLC · disregarded
  • Apah Braddock Road LLC · disregarded
  • Apah Commercial LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for TRUE GROUND HOUSING PARTNERS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TRUE GROUND HOUSING PARTNERS INC?
TRUE GROUND HOUSING PARTNERS INC (Virginia) receives grants from 51 organizations whose IRS filings report $5,192,528 to it, the largest being ARLINGTON COMMUNITY FOUNDATION ($1,722,296). 22 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does TRUE GROUND HOUSING PARTNERS INC have?
IRS filings report 51 organizations giving $5,192,528 in grants to TRUE GROUND HOUSING PARTNERS INC, 22 of which have funded it in more than one year.
Who is the largest funder of TRUE GROUND HOUSING PARTNERS INC?
ARLINGTON COMMUNITY FOUNDATION is the largest funder on record, with $1,722,296 in grants. The full list of funders is on this page.
How can an organization like TRUE GROUND HOUSING PARTNERS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds True Ground Housing Partners →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 51 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing