Civic Intelligence

Old Dominion University Community Development

EIN 20-5748480 • 501(c)3 • Norfolk, VA

Profile

The mission of old dominion university community development corporation is to revitalize the communities, develop the human and physical capital of the neighborhoods, improve the lives of the residents of the neighborhoods, and support the community development interests of old dominion university.

4417 Monarch Way 4th FloorNorfolk, VA 23529

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

1st percentile

-3255169%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $423,172 (-100%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

Down

$0

Down $423,172 (-100%) from 2017

Operations
Liabilities / Revenue62nd percentileNet Margin1st percentile

Revenue

Down

$13

Down $86,807 (-100%) from 2017

Expenses

Up

$423,185

Up $311,369 (+278%) from 2017

Net Income

Down

-$423,172

Down $398,176 (-1593%) from 2017

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $551,142Liabilities 2011: $10,550Net Assets 2011: $540,5922011Assets 2012: $385,048Liabilities 2012: $6,270Net Assets 2012: $378,7782012Assets 2013: $334,699Liabilities 2013: $39,287Net Assets 2013: $295,4122013Assets 2014: $255,289Liabilities 2014: $157Net Assets 2014: $255,1322014Assets 2015: $468,118Liabilities 2015: $2,516Net Assets 2015: $465,6022015Assets 2016: $448,168Liabilities 2016: $0Net Assets 2016: $448,1682016Assets 2017: $423,172Liabilities 2017: $0Net Assets 2017: $423,1722017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0
Open 2018 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$500K$0-$500KExpenses 2011: $145,7962011Expenses 2012: $210,5422012Expenses 2013: $154,8072013Revenue 2014: $166,742Expenses 2014: $207,022Net Income 2014: -$40,2802014Revenue 2015: $466,499Expenses 2015: $256,029Net Income 2015: $210,4702015Revenue 2016: $125,523Expenses 2016: $142,957Net Income 2016: -$17,4342016Revenue 2017: $86,820Expenses 2017: $111,816Net Income 2017: -$24,9962017Revenue 2018: $13Expenses 2018: $423,185Net Income 2018: -$423,1722018

Highlighted filing

2018

Revenue$13
Expenses$423,185
Net Income-$423,172
Open 2018 Filing

Filings

Most recent year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$13
Expenses
$423,185
Net income
-$423,172
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$4.23$4.23
2017Detailed filing. Detailed filing data is available for this year.$4.23$0.00$4.23$0.87$1.12$0.25
2016Detailed filing. Detailed filing data is available for this year.$4.48$0.00$4.48$1.26$1.43$0.17
2015Detailed filing. Detailed filing data is available for this year.$4.68$0.03$4.66$4.66$2.56$2.10
2014Detailed filing. Detailed filing data is available for this year.$2.55$0.00$2.55$1.67$2.07$0.40
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$0.39$2.95$1.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.85$0.06$3.79$2.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.51$0.11$5.41$1.46
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Sep 26, 2018
Return Version
2017v2.3
Gross Receipts
$13
Mission and Program Overview

Mission

The mission of old dominion university community development corporation is to revitalize the communities, develop the human and physical capital of the neighborhoods, improve the lives of the residents of the neighborhoods, and support the community development interests of old dominion university.

Program Services

DescriptionGrantsExpenses
TO IMPROVE THE LIVES OF THE RESIDENTS-$401,013
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PRESIDENT JOHN BRODERICKEx-Officio-$0--
ALONZO C BRANDONExecutive Director(Ex-Officio)-$0--
ROBERT JENKINSDirector-$0--
LAURIE CHAPMANDirector-$0--
SHURL MONTGOMERYVice Chair-$0--
DALE RYDERTreasurer-$0--
SHERIDAN NELSONDirector-$0--
ULYSSES TURNERDirector-$0--
EDITH WHITESecretary-$0--
ALECIA FISHERChair-$0--
MARGARET LIBBYAssistant TreasurerPT$0--
DONNA MANGLICMOTAssistant SecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Old Dominion University Community Development
EIN
20-5748480
In Care Of
% DIRECTOR OF ACCOUNTING
Phone
7576834524
Address
4417 Monarch Way 4th Floor, Norfolk, VA 23529

Signing Officer

Name
Alonzo Brandon
Title
Executive Director
Phone
7576834524
Signed
2018-09-26
Discuss with paid preparer
Yes

Preparer

Firm
Bdo USA Llp
Address
150 Boush Street Suite 1100, Norfolk, VA 23510
Preparer
James E Prince III
Phone
7576407190
Supplemental Narrative

Additional Explanations

Schedule A Part II Facts and Circumstances Public Support

“The old dominion community development corporation (odu cdc) is a grassroots partnership that includes neighborhood residents and civic leagues, government officials, business, and educational institutions. Its mission is to restore and revitalize the communities in close proximity to the campus of old dominion unitversiy (odu), improve the lives of neighborhood residents, and support the community development interests of odu. The activities of odu cdc include the construction of affordable housing for key members of the workforce (e.g., teachers, police, and firefighters), educational and recreational programs for youths, and leadership development. Odu cdc governance includes members representing a broad cross section of the views and interests of the community appointed by reason of their vision, community leadership, and knowledge and experience of the community. The directors of odu cdc include the president of odu, the former executive director of the norfolk redevelopment and housing authority, the president of the urban league of hampton roads, a representative of the highland park civic league, and other community leaders. Odu cdc is affiliated with odu pursuant to a memorandum of understanding dated march 1, 2011. Odu cdc has maintained a continuous program to solicit funds from the general public and its activities are designed to attract support from governmental units. Its fund raising activites are conducted in accordance with odu's development policies and matching gift administration policies.”

Form 990EZ Part I Line 10

“Donees name:old dominion university donees address:1 old dominion university norfolk, va 23529 relationship:related party purpose of payment:conference and film project amount:55000”

Form 990EZ Part I Line 10

“Donees name:old dominion university educational foundation donees address:4417 monarch way norfolk, va 23529 relationship:related party purpose of payment:create endowment scholarship for local community amount:346013”

Form 990EZ Part I Line 16

“Description:INSURANCE EXPENSE Amount:218”

Form 990EZ Part I Line 16

“Description:TAXES AND LICENSES Amount:25”

Form 990EZ Part I Line 16

“Description:DISTRIBUTIVE LOSS FROM JOINT VENTURE Amount:2080”

Raw XML Appendix251 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PRESIDENT JOHN BRODERICK
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EX-OFFICIO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1EXECUTIVE DIRECTOR(EX-OFFICIO)
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF OLD DOMINION UNIVERSITY COMMUNITY DEVELOPMENT CORPORATION IS TO REVITALIZE THE COMMUNITIES, DEVELOP THE HUMAN AND PHYSICAL CAPITAL OF THE NEIGHBORHOODS, IMPROVE THE LIVES OF THE RESIDENTS OF THE NEIGHBORHOODS, AND SUPPORT THE COMMUNITY DEVELOPMENT INTERESTS OF OLD DOMINION UNIVERSITY.
IRS990EZ/PrintingPublicationsPostageAmt018
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IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm0OLD DOMINION UNIV EDUCATIONAL FOUND
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IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm2OLD DOMINION UNIV EDUCATIONAL FOUND
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt04417 MONARCH WAY
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE OLD DOMINION COMMUNITY DEVELOPMENT CORPORATION (ODU CDC) IS A GRASSROOTS PARTNERSHIP THAT INCLUDES NEIGHBORHOOD RESIDENTS AND CIVIC LEAGUES, GOVERNMENT OFFICIALS, BUSINESS, AND EDUCATIONAL INSTITUTIONS. ITS MISSION IS TO RESTORE AND REVITALIZE THE COMMUNITIES IN CLOSE PROXIMITY TO THE CAMPUS OF OLD DOMINION UNITVERSIY (ODU), IMPROVE THE LIVES OF NEIGHBORHOOD RESIDENTS, AND SUPPORT THE COMMUNITY DEVELOPMENT INTERESTS OF ODU. THE ACTIVITIES OF ODU CDC INCLUDE THE CONSTRUCTION OF AFFORDABLE HOUSING FOR KEY MEMBERS OF THE WORKFORCE (E.G., TEACHERS, POLICE, AND FIREFIGHTERS), EDUCATIONAL AND RECREATIONAL PROGRAMS FOR YOUTHS, AND LEADERSHIP DEVELOPMENT. ODU CDC GOVERNANCE INCLUDES MEMBERS REPRESENTING A BROAD CROSS SECTION OF THE VIEWS AND INTERESTS OF THE COMMUNITY APPOINTED BY REASON OF THEIR VISION, COMMUNITY LEADERSHIP, AND KNOWLEDGE AND EXPERIENCE OF THE COMMUNITY. THE DIRECTORS OF ODU CDC INCLUDE THE PRESIDENT OF ODU, THE FORMER EXECUTIVE DIRECTOR OF THE NORFOLK REDEVELOPMENT AND HOUSING AUTHORITY, THE PRESIDENT OF THE URBAN LEAGUE OF HAMPTON ROADS, A REPRESENTATIVE OF THE HIGHLAND PARK CIVIC LEAGUE, AND OTHER COMMUNITY LEADERS. ODU CDC IS AFFILIATED WITH ODU PURSUANT TO A MEMORANDUM OF UNDERSTANDING DATED MARCH 1, 2011. ODU CDC HAS MAINTAINED A CONTINUOUS PROGRAM TO SOLICIT FUNDS FROM THE GENERAL PUBLIC AND ITS ACTIVITIES ARE DESIGNED TO ATTRACT SUPPORT FROM GOVERNMENTAL UNITS. ITS FUND RAISING ACTIVITES ARE CONDUCTED IN ACCORDANCE WITH ODU'S DEVELOPMENT POLICIES AND MATCHING GIFT ADMINISTRATION POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DONEES NAME:OLD DOMINION UNIVERSITY DONEES ADDRESS:1 OLD DOMINION UNIVERSITY NORFOLK, VA 23529 RELATIONSHIP:RELATED PARTY PURPOSE OF PAYMENT:CONFERENCE AND FILM PROJECT AMOUNT:55000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DONEES NAME:OLD DOMINION UNIVERSITY EDUCATIONAL FOUNDATION DONEES ADDRESS:4417 MONARCH WAY NORFOLK, VA 23529 RELATIONSHIP:RELATED PARTY PURPOSE OF PAYMENT:CREATE ENDOWMENT SCHOLARSHIP FOR LOCAL COMMUNITY AMOUNT:346013
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:INSURANCE EXPENSE Amount:218
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description:TAXES AND LICENSES Amount:25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description:DISTRIBUTIVE LOSS FROM JOINT VENTURE Amount:2080
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE A PART II FACTS AND CIRCUMSTANCES PUBLIC SUPPORT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART I LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART I LINE 10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990EZ PART I LINE 16
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