Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
EIN 31-1639517 • 501(c)3 • Petersburg, VA
Profile
The mission of ROPCDC is: To redevelop & revitalize the human & physical capital of the Halifax Community of Petersburg, VA through housing rentals, housing development, economic development, employment
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
24th percentile
Higher net margin than 24% of similar nonprofits.
Top Officer Pay
55th percentile
Higher top officer pay than 55% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
47th percentile
Faster asset growth than 47% of similar nonprofits.
Revenue Growth
28th percentile
Faster revenue growth than 28% of similar nonprofits.
Assets
Up$816,367
Up $15,686 (+2.0%) from 2023
Liabilities
Down$489,148
Down $2,863 (-0.6%) from 2023
Net Assets
Up$327,219
Up $18,549 (+6.0%) from 2023
Revenue
Down$179,488
Down $14,813 (-7.6%) from 2023
Expenses
Down$196,929
Down $13,828 (-6.6%) from 2023
Net Income
Down-$17,441
Down $985 (-6.0%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
The mission of ROPCDC is: To redevelop & revitalize the human & physical capital of the Halifax Community of Petersburg, VA through housing rentals, housing development, economic development, employment
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $285,129 | $319,919 | ▲ $34,790 |
| Other Notes and Loans Receivable, Net | $248,715 | $248,715 | → $0 |
| Savings and Temporary Cash Investments | $130,000 | $130,000 | → $0 |
| Land, Buildings, and Equipment, Net | $135,805 | $116,701 | ▼ $19,104 |
| Prepaid Expenses and Deferred Charges | $932 | $932 | → $0 |
| Total Assets | $800,681 | $816,367 | ▲ $15,686 |
| Other Assets Total | $100 | $100 | → $0 |
| Liabilities | |||
| Other Liabilities | $260,216 | $260,216 | → $0 |
| Deferred Revenue | $222,224 | $222,224 | → $0 |
| Accounts Payable and Accrued Expenses | $9,571 | $6,708 | ▼ $2,863 |
| Total Liabilities | $492,011 | $489,148 | ▼ $2,863 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $160,290 | $178,839 | ▲ $18,549 |
| Net Assets With Donor Restrictions | $148,380 | $148,380 | → $0 |
| Total Net Assets Fund Balance | $308,670 | $327,219 | ▲ $18,549 |
| Total Liabilities and Net Assets / Fund Balance | $800,681 | $816,367 | ▲ $15,686 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $23,341 | $70,050 | - |
| Other Land Buildings | $9,117 | $34,902 | - |
| Land | $84,243 | - | - |
| Equipment | $0 | $65,063 | - |
| Leasehold Improvements | $0 | $0 | - |
| Name | Title |
|---|---|
| Robert Diggs | Board Member |
| Treva Gordon | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $133,832 |
| Other Expenses | $63,097 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $124,192 | $0 | $0 | $124,192 |
| All Other Expenses | $38,165 | $0 | $0 | $38,165 |
| Payroll Taxes | $9,640 | $0 | $0 | $9,640 |
| Depreciation Depletion | $0 | $8,804 | $0 | $8,804 |
| Fees for Services Legal | $0 | $3,576 | $0 | $3,576 |
| Fees for Services Accounting | $0 | $2,590 | $0 | $2,590 |
| Insurance | $2,119 | $0 | $0 | $2,119 |
| Information Technology | $40 | $0 | $0 | $40 |
| Total Functional Expenses | $181,959 | $14,970 | $0 | $196,929 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Advances from Tabernacle Baptist Church | $260,216 |
“Exec Director reviews in detail with independent CPA preparer.Copies are available to Board members upon request.”
“Policies are included in Policies & Procedures Manual and regularly reviewed by Board members & Exec Dir.”
“Copies of organizations financial statements and Form 990 are available to the public upon request.”
“For the position of Exec Dir, compensation is based on qualifications of the individual and pay scale of comparable-sized organizations in the Petersburg area. Increases are based on performance as determined in annual review.”
“The Exec director was the only compensated position in the organization. The Exec director left the position in early 2019. The position remains unfilled at 12/31/2023.”
“Copies of organizations Form 990 and unaudited financial statements are available to the public upon request.”
“Unidentified difference.”
“Bank charges 2303. 2303. 0. 0.”
“Licenses & fees 134. 134. 0. 0.”
“Grounds Upkeep 1600. 1600. 0. 0.”
“Repairs & maintenance 6889. 6889. 0. 0.”
“Supplies (Teaching, etc) 10294. 10294. 0. 0.”
“Property Taxes 240. 240. 0. 0.”
“Payroll service fees 2761. 2761. 0. 0.”
“Field Trip Expense 2956. 2956. 0. 0.”
“Training & Education 600. 600. 0. 0.”
“Van Expenses 6239. 6239. 0. 0.”
“Other Program Expenses 3797. 3797. 0. 0.”
“Other Miscellaneous Expenses 352. 352. 0. 0.”
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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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | ROPCDC entered into an agreement with Better Housing Coalition of Petersburg to develop Claiborne Square, a senior housing/living facility in the Halifax community. The project is built on land owned by ROPCDC. BHC advanced $250,000 in the form of a note receivable to ROPCDC related to a ground lease of this land. The note is stated at the present value of the estimated fair value of rent, discounted at 4.64%, and will be amortized as rent income on a straight-line basis over 75 years. Deferred rent is $224,246, net, at 12/31/2022 and rental income is $12,000 for the year. |
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| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | 7 blighted properties consisting of vacant lots and delapidated buildings were sold in 2024 for a total selling price of $85,360. The total original cost of these properties was $132,900 for a net loss of ($47,540). |
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| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 15900 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 82267 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 164911 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 190142 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 173243 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 200000 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 224166 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 952462 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 22117 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 9900 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 14200 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 20150 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 15900 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 82267 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.06540 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.04620 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.93460 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.95380 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 1176417 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 164911 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 190142 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 351478 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 245603 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 224283 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 1176417 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 1258684 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 23341 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 70050 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 93391 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 65063 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 65063 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 84243 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 84243 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 0 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 9117 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 34902 |
| IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 44019 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 260216 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Advances from Tabernacle Baptist Church |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 116701 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 260216 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Exec Director reviews in detail with independent CPA preparer.Copies are available to Board members upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Policies are included in Policies & Procedures Manual and regularly reviewed by Board members & Exec Dir. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Copies of organizations financial statements and Form 990 are available to the public upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | For the position of Exec Dir, compensation is based on qualifications of the individual and pay scale of comparable-sized organizations in the Petersburg area. Increases are based on performance as determined in annual review. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | The Exec director was the only compensated position in the organization. The Exec director left the position in early 2019. The position remains unfilled at 12/31/2023. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Copies of organizations Form 990 and unaudited financial statements are available to the public upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Unidentified difference. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Bank charges 2303. 2303. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Licenses & fees 134. 134. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Grounds Upkeep 1600. 1600. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Repairs & maintenance 6889. 6889. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Supplies (Teaching, etc) 10294. 10294. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Property Taxes 240. 240. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Payroll service fees 2761. 2761. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Field Trip Expense 2956. 2956. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Training & Education 600. 600. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | Van Expenses 6239. 6239. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 17 | Other Program Expenses 3797. 3797. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 18 | Other Miscellaneous Expenses 352. 352. 0. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt VI, Line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Pt VI, Line 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Pt VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Pt XI |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 17 | Form 990, Part IX, Line 24e |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 18 | Form 990, Part IX, Line 24e |
| IRS990ScheduleR/AssetExchangeInd | 0 | false |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | false |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | false |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | false |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | Tabernacle Baptist Church |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 540956534 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | VA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | Church |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 444 Halifax Street |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | Petersburg |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 23803 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | false |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | false |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | false |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | false |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | false |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | true |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | false |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 0 | Market rate |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 0 | Tabernacle Baptist Church |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 0 | 1k |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | false |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | VA |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
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