Civic Intelligence

Virginia Beach Community Development Corporation

990 • Fiscal year 2020 • EIN 54-1378797

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 25, 2021

Organization ProfileWWW.VBCDC.ORG

View Organization Page

2400 Potters RdVirginia Beach, VA 23462

(757) 463-9516

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

81st percentile

0.69x

Higher debt load relative to assets than 81% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

3.84x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

16th percentile

-12%

Higher net margin than 16% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

16th percentile

$122,786

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

17th percentile

-2.5%

Faster asset growth than 17% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

54th percentile

4.3%

Faster revenue growth than 54% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$30,804,049

Down $778,562 (-2.5%) from 2019

Net Assets

Down

$9,664,551

Down $653,877 (-6.3%) from 2019

Liabilities

Down

$21,139,498

Down $124,685 (-0.6%) from 2019

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin16th percentile

Revenue

Up

$5,509,223

Up $225,973 (+4.3%) from 2019

Expenses

Up

$6,165,812

Up $86,171 (+1.4%) from 2019

Net Income

Up

-$656,589

Up $139,802 (+18%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2011: $28,921,711Liabilities 2011: $13,819,415Net Assets 2011: $15,102,2962011Assets 2012: $30,282,574Liabilities 2012: $15,061,664Net Assets 2012: $15,220,9102012Assets 2013: $31,556,727Liabilities 2013: $16,313,591Net Assets 2013: $15,243,1362013Assets 2014: $31,124,849Liabilities 2014: $16,349,566Net Assets 2014: $14,775,2832014Assets 2015: $30,176,245Liabilities 2015: $15,724,006Net Assets 2015: $14,452,2392015Assets 2016: $29,168,100Liabilities 2016: $16,060,840Net Assets 2016: $13,107,2602016Assets 2017: $33,560,164Liabilities 2017: $21,535,508Net Assets 2017: $12,024,6562017Assets 2018: $32,683,650Liabilities 2018: $21,571,913Net Assets 2018: $11,111,7372018Assets 2019: $31,582,611Liabilities 2019: $21,264,183Net Assets 2019: $10,318,4282019Assets 2020: $30,804,049Liabilities 2020: $21,139,498Net Assets 2020: $9,664,5512020Assets 2021: $35,859,352Liabilities 2021: $20,753,939Net Assets 2021: $15,105,4132021Assets 2022: $35,346,329Liabilities 2022: $20,152,631Net Assets 2022: $15,193,6982022Assets 2023: $35,715,518Liabilities 2023: $20,471,664Net Assets 2023: $15,243,8542023Assets 2024: $33,954,192Liabilities 2024: $19,973,272Net Assets 2024: $13,980,9202024

Highlighted filing

2020

Assets$30,804,049
Liabilities$21,139,498
Net Assets$9,664,551
Open 2020 Filing

Operations Trend

Revenue Growth54th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $4,204,102Expenses 2011: $4,278,795Net Income 2011: -$74,6932011Revenue 2012: $4,953,543Expenses 2012: $4,838,787Net Income 2012: $114,7562012Revenue 2013: $4,546,849Expenses 2013: $4,519,985Net Income 2013: $26,8642013Revenue 2014: $4,880,013Expenses 2014: $5,349,616Net Income 2014: -$469,6032014Revenue 2015: $5,664,088Expenses 2015: $5,988,456Net Income 2015: -$324,3682015Revenue 2016: $5,311,988Expenses 2016: $6,662,769Net Income 2016: -$1,350,7812016Revenue 2017: $5,220,845Expenses 2017: $6,297,645Net Income 2017: -$1,076,8002017Revenue 2018: $5,559,154Expenses 2018: $6,470,604Net Income 2018: -$911,4502018Revenue 2019: $5,283,250Expenses 2019: $6,079,641Net Income 2019: -$796,3912019Revenue 2020: $5,509,223Expenses 2020: $6,165,812Net Income 2020: -$656,5892020Revenue 2021: $8,715,709Expenses 2021: $7,335,260Net Income 2021: $1,380,4492021Revenue 2022: $7,614,457Expenses 2022: $7,404,821Net Income 2022: $209,6362022Revenue 2023: $7,936,723Expenses 2023: $7,809,624Net Income 2023: $127,0992023Revenue 2024: $7,136,805Expenses 2024: $8,268,321Net Income 2024: -$1,131,5162024

Highlighted filing

2020

Revenue$5,509,223
Expenses$6,165,812
Net Income-$656,589
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 25, 2021
Return Version
2019v5.2
Gross Receipts
$5,509,223
Mission and Program Overview

Mission

To assist the city of virginia beach by partnering with the public and private sectors to provide quality afforable housing opportunities to low and moderate income people.

To provide housing for low and moderate income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$25,719,129$24,673,298▼ $1,045,831
Other Notes and Loans Receivable, Net$2,872,075$2,991,947▲ $119,872
Cash and Non-Interest-Bearing Accounts$804,319$942,280▲ $137,961
Accounts Receivable$813,967$722,854▼ $91,113
Savings and Temporary Cash Investments$0$428,564▲ $428,564
Investments in Publicly Traded Securities$446,239$127,871▼ $318,368
Pledges and Grants Receivable$48,543$61,528▲ $12,985
Prepaid Expenses and Deferred Charges$600$10,417▲ $9,817
Investments Other Securities$0$0→ $0
Total Assets$31,582,611$30,804,049▼ $778,562
Other Assets Total$877,739$845,290▼ $32,449
Liabilities
Mortgage Notes Payable Secured by Investment Property$20,970,622$20,722,617▼ $248,005
Accounts Payable and Accrued Expenses$144,243$238,202▲ $93,959
Other Liabilities$149,318$174,643▲ $25,325
Deferred Revenue$0$4,036▲ $4,036
Total Liabilities$21,264,183$21,139,498▼ $124,685
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,318,428$9,664,551▼ $653,877
Total Net Assets Fund Balance$10,318,428$9,664,551▼ $653,877
Total Liabilities and Net Assets / Fund Balance$31,582,611$30,804,049▼ $778,562

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,802,598$15,607,127$31,409,725
Land$8,838,960-$8,838,960
Other Land Buildings$1,252$66,558$67,810
Equipment$30,488$1,605$32,093
Compensation and Service Providers
Top Officer Pay16th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jessica GuglielmoChief Executive OfficerPT$120,336$2,450$122,786

Board Members and Trustees

NameTitle
Wanda CooperPresident
Courtney LalondeVice President
Brandon HutchinsExecutive Committee
Andrew FriedmanFinance Committee
Jeremy C JohnnsonFormer Project Development Committee
Frank MckinneyFunds Development Committee
Christopher L BrownPersonnel Committee
Robert EwellProject Development Committee
Tim MccarthyProject Development Committee
Worth RemickSecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
For Kids INCSsvf Subcontractor4200 COLLEY AVE, Norfolk, VA 23508$147,543
Revenue and Support

Revenue Composition

Contributions and Grants
$1,370,179
Program Service Revenue
$3,977,940
Investment Income
$132,356
Other Revenue
$28,748
All Other Contributions
$21,735
Change in Net Assets
$-656,589
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,214,094
Salaries, Compensation, and Employee Benefits$1,433,149
Grants and Similar Amounts Paid$518,569
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$930,732$164,247-$1,094,979
Depreciation Depletion$1,052,943$24,982-$1,077,925
Interest$918,250--$918,250
Grants to Domestic Individuals$518,569--$518,569
Other Employee Benefits$163,290$28,816-$192,106
Other Expenses$175,847$41,255-$175,847
Insurance$137,206$11,177-$148,383
Current Officers, Directors, Trustees, and Key Employees$124,154$21,910-$146,064
Information Technology$67,142$22,381-$89,523
Fees for Services Legal$47,663$15,888-$63,551
Fees for Services Accounting$6,000$49,086-$55,086
All Other Expenses$42,905$5,056-$47,961
Occupancy$36,576--$36,576
Fees for Services Other$23,321$6,788-$30,109
Conferences and Meetings$15,858$5,287-$21,145
Office Expenses$6,511$12,412-$18,923
Travel-$12,956-$12,956
Advertising$3,420$1,129-$4,549
Total Functional Expenses$5,742,442$423,370$0$6,165,812
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$174,643
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The annual form 990 is reviewed by the chief financial officer and chief executive officer. The form 990 is also submitted to the organization's independent auditors and is presented to the board of directors for approval.”

Form 990, Part VI, Section B, Line 12C

“Officers and directors are required annually to disclose all real estate holdings and dealings to the city of virginia beach city council. In addition, each board member must read and sign the vbcdc code of conduct. The code of conduct delineates the responsibilities of board members while in and out of sessions and includes requirements to declare any conflicts of interest that may arise. Enforcement of the code of conduct is clearly spelled out in the document and includes steps to be taken if any board member appears to be in violation of the code.”

Form 990, Part VI, Section B, Line 15A

“The personnel committee of the vbcdc board of directors annually reviews the compensation for the chief executive officer and makes recommendations to the board regarding retention and compensation. Factors such as performance, budget, and comparable salaries are used to make a decision. All decisions are substantiated by meeting minutes.”

Form 990, Part VI, Section C, Line 18

“UPON REQUEST.”

Form 990, Part VI, Section C, Line 19

“The organization made its governing documents, conflict of interest policy, and financial statements available to the public using a "public file" established for inspection at the office upon request.”

Filing and Contact Details

Filer

Filer Name
Virginia Beach Community Development
EIN
54-1378797
Phone
7574639516
Address
2400 POTTERS RD, VIRGINIA BEACH, VA 23462

Signing Officer

Name
Jessica Guglielmo
Title
CEO
Phone
7574639516
Signed
2021-03-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jessica Guglielmo
Formed
1985
Legal Domicile
Va
Voting Board Members
10
Independent Board Members
10
Employees
37
Volunteers
21

Preparer

Firm
Wall Einhorn & Chernitzer Pc
Address
150 W MAIN ST SUITE 1200, NORFOLK, VA 23510
Preparer
John M Waters
Phone
7576254700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Vbcdc is a nonprofit organization exempt from federal and state income tax under section 501(c)(3) of the internal revenue code and tax statutes of the commonwealth of virginia; accordingly, the accompanying consolidated financial statements do not reflect a provision or liability for federal and state income taxes.”

Raw XML AppendixShowing 400 of 599 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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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE COMMITTEE
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IRS990/GrantAmt0518569
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0518569
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0518569
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05509223
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt022381
IRS990/InformationTechnologyGrp/ProgramServicesAmt067142
IRS990/InformationTechnologyGrp/TotalAmt089523
IRS990/InsuranceGrp/ManagementAndGeneralAmt011177
IRS990/InsuranceGrp/ProgramServicesAmt0137206
IRS990/InsuranceGrp/TotalAmt0148383
IRS990/InterestGrp/ProgramServicesAmt0918250
IRS990/InterestGrp/TotalAmt0918250
IRS990/InvestmentIncomeGrp/ExclusionAmt0132356
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0132356
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0446239
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0127871
IRS990/IRPDocumentCnt050
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt015675290
IRS990/LandBldgEquipBasisNetGrp/BOYAmt025719129
IRS990/LandBldgEquipBasisNetGrp/EOYAmt024673298
IRS990/LandBldgEquipCostOrOtherBssAmt040348588
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ASSIST THE CITY OF VIRGINIA BEACH BY PARTNERING WITH THE PUBLIC AND PRIVATE SECTORS TO PROVIDE QUALITY AFFORABLE HOUSING OPPORTUNITIES TO LOW AND MODERATE INCOME PEOPLE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt020970622
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt020722617
IRS990/NetAssetsOrFundBalancesBOYAmt010318428
IRS990/NetAssetsOrFundBalancesEOYAmt09664551
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02712
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt010318428
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt09664551
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt036576
IRS990/OccupancyGrp/TotalAmt036576
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012412
IRS990/OfficeExpensesGrp/ProgramServicesAmt06511
IRS990/OfficeExpensesGrp/TotalAmt018923
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0877739
IRS990/OtherAssetsTotalGrp/EOYAmt0845290
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt028816
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0163290
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0192106
IRS990/OtherExpensesGrp/Desc0PROPERTY MAINTENANCE
IRS990/OtherExpensesGrp/Desc1SUBGRANTEES
IRS990/OtherExpensesGrp/Desc2ASSOCIATION FEES
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt041255
IRS990/OtherExpensesGrp/ProgramServicesAmt01054398
IRS990/OtherExpensesGrp/ProgramServicesAmt1232443
IRS990/OtherExpensesGrp/ProgramServicesAmt2185214
IRS990/OtherExpensesGrp/ProgramServicesAmt3175847
IRS990/OtherExpensesGrp/TotalAmt01054398
IRS990/OtherExpensesGrp/TotalAmt1273698
IRS990/OtherExpensesGrp/TotalAmt2185214
IRS990/OtherExpensesGrp/TotalAmt3175847
IRS990/OtherLiabilitiesGrp/BOYAmt0149318
IRS990/OtherLiabilitiesGrp/EOYAmt0174643
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt028748
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt028748
IRS990/OtherRevenueTotalAmt028748
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0164247
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0930732
IRS990/OtherSalariesAndWagesGrp/TotalAmt01094979
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02872075
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02991947
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt048543
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt061528
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0600
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010417
IRS990/PrincipalOfficerNm0JESSICA GUGLIELMO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03906639
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt171301
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03906639
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt171301
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01254084
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0284154
IRS990/PYOtherExpensesAmt04443739
IRS990/PYOtherRevenueAmt058352
IRS990/PYProgramServiceRevenueAmt03686660
IRS990/PYRevenuesLessExpensesAmt0-796391
IRS990/PYSalariesCompEmpBnftPaidAmt01635902
IRS990/PYTotalExpensesAmt06079641
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05283250
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-656589
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04006688
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0428564
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2016 AMOUNT: $ 1,200. 2017 AMOUNT: $ 585. 2018 AMOUNT: $ 58,352. 2019 AMOUNT: $ 28,748.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01370179
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01254084
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt013305439
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01860777
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02201219
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt019991698
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0132356
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0126139
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0116243
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0158329
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0103881
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0636948
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt018255814
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt028748
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt058352
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0585
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01200
IRS990ScheduleA/OtherIncome170Grp/TotalAmt088885
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96500
IRS990ScheduleA/PublicSupportPY170Pct00.93200
IRS990ScheduleA/PublicSupportTotal170Amt019991698
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01370179
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01254084
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt013305439
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01860777
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02201219
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt019991698
IRS990ScheduleA/TotalSupportAmt020717531
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt015802598
IRS990ScheduleD/BuildingsGrp/DepreciationAmt015607127
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt031409725
IRS990ScheduleD/EquipmentGrp/BookValueAmt030488
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01605
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt032093
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt08838960
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt08838960
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01252
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt066558
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt067810
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0174643
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0VBCDC IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA; ACCORDINGLY, THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024673298
IRS990ScheduleD/TotalLiabilityAmt0174643
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0518569
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0INDIVIDUAL ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0216
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0VBCDC FOLLOWS PROGRAM GUIDELINES TO MONITOR USE OF GRANT FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,804,049
Liabilities
$21,139,498
Net assets
$9,664,551
Revenue
$5,509,223
Expenses
$6,165,812
Net income
-$656,589
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.0$20.0$14.0$7.14$8.27$1.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.7$20.5$15.2$7.94$7.81$0.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.3$20.2$15.2$7.61$7.40$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.9$20.8$15.1$8.72$7.34$1.38
2020Detailed filing. Detailed filing data is available for this year.$30.8$21.1$9.66$5.51$6.17$0.66
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.6$21.3$10.3$5.28$6.08$0.80
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.7$21.6$11.1$5.56$6.47$0.91
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.6$21.5$12.0$5.22$6.30$1.08
2016Detailed filing. Detailed filing data is available for this year.$29.2$16.1$13.1$5.31$6.66$1.35
2015Detailed filing. Detailed filing data is available for this year.$30.2$15.7$14.5$5.66$5.99$0.32
2014Summary only. Only limited summary data is available for this year.$31.1$16.3$14.8$4.88$5.35$0.47
2013Summary only. Only limited summary data is available for this year.$31.6$16.3$15.2$4.55$4.52$0.03
2012Summary only. Only limited summary data is available for this year.$30.3$15.1$15.2$4.95$4.84$0.11
2011Summary only. Only limited summary data is available for this year.$28.9$13.8$15.1$4.20$4.28$0.07