Somerset Court Apartments Inc
Donations deductibleRevenue
$322k
year to 31 December 2024
Expenses
$363k
year to 31 December 2024
Total assets
$670k
$1.1m liabilities
Net assets
Minus $428k
assets less liabilities
Directors and trustees
9
6.4 years on average
Staff
0
employees, year to 31 December 2024
Chair observed
≥6 yrs
Racquel Reddie
Left since last filing
0
no seats appear to have opened
Somerset Court Apartments Inc's network
9 peoplei9 people on this map.The large node is the subject of this page. Solid lines are what the register itself records (9). Form 990 filings give names without a person identifier; SEC insider filings carry a CIK.The board
9 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 9 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Charles Famuliner Chair | Past Chair | 2018 | 8 yrs |
| Racquel Reddie Chair | Board Chair | 2018 | 8 yrs |
| ANA Castilla (also filed as Ana Castilla) | Vice Chair | 2018 | 8 yrs |
| Deborah Sherman Lee | Member | 2024 | 2 yrs |
| Harold Nassau | Member | 2024 | 2 yrs |
| John Randolph | Member | 2018 | 8 yrs |
| Nathan Kerr | Member | 2024 | 2 yrs |
| Shawn McMahon | Member | 2018 | 8 yrs |
| Susan Sisk | Member | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
12 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Andy Hall | Chief Operations Officer | since 2020 |
| Angie Roberts-Dobbins | Vice President | 2019 |
| David Schultz | Vice President | 2019 |
| Dianna Mastroianni | Vice President | 2019 |
| J Andy Hall | COO | since 2018 |
| Janaka Casper | Chief Executive Officer | since 2018 |
| Jeffrey K Reed | President/Treasurer | since 2018 |
| Karen Turner | Chief Administrative Officer | 2018 |
| Kirsten Anderson | Vice President | 2019 |
| Lance Sutherland | Vice President | since 2019 |
| Mark Jackson | Vice President | 2019 |
| Samantha Brown | Assistant Vice President | 2019 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Ana Castilla | Vice Chair | 1 | $0 | ||
| Charles Famuliner | Past Chair | 1 | $0 | ||
| Deborah Sherman Lee | Member | 1 | $0 | ||
| Harold Nassau | Member | 1 | $0 | ||
| John Randolph | Member | 1 | $0 | ||
| Nathan Kerr | Member | 1 | $0 | ||
| Racquel Reddie | Board Chair | 1 | $0 | ||
| Shawn McMahon | Member | 1 | $0 | ||
| Susan Sisk | Member | 1 | $0 | ||
| J Andy Hall | COO | 1 | $0 | $344k | $40k |
| Jeffrey Reed | CEO/President | 1 | $0 | $445k | $60k |
| Lance Sutherland | EVP / CFO | 1 | $0 | $278k | $62k |
About
- Legal name
- Somerset Court Apartments Inc
- EIN
- 371746430
- Address
- 448 Depot St Ne, Christiansbrg, VA, 24073-2050
- State
- Virginia
- Mission
- Low Income Housing (as filed on the Form 990)
- Activity (NTEE)
- L20 Housing and shelter
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Housing & Shelter
- Size band
- 5 (IRS master file code)
- Formed
- 2013
- IRS ruling date
- 1 October 2015
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 5, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Related organisations (Schedule R)
RelatedLOW-INCOME HOUSINGBelford Commons CorporationRelatedLOW-INCOME HOUSINGCity Light Development CorpRelatedLOW-INCOME HOUSINGCoastal Housing CorporationRelatedLOW-INCOME HOUSINGCommunity Housing Partners Corporation
Longest observed on the filings
≥8years on the filingsCharles Famuliner
≥8years on the filingsRacquel Reddie
≥8years on the filingsANA Castilla
≥8years on the filingsJohn Randolph
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $670k
- Total liabilities
- $1.1m
- Net assets or fund balances
- Minus $428k
- Contributions and grants received
- $0
- Program service revenue
- $320k
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $322k | $363k | Deficit $42k |
As filed on the IRS Form 990. US dollars.