Civic Intelligence

Virginia Community Development Fund Inc.

990 • Fiscal year 2019 • EIN 54-1914519

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

Organization ProfileN/A
1840 West Broad StRichmond, VA 23220

(804) 343-1200

Siviq Scores

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

Liabilities / Assets

51st percentile

0.09x

Higher debt load relative to assets than 51% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

75th percentile

0.37x

Higher debt load relative to revenue than 75% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

92nd percentile

53%

Higher net margin than 92% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

89th percentile

$190,839

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 23.6% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

68th percentile

11%

Faster asset growth than 68% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

94th percentile

121%

Faster revenue growth than 94% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$3,517,521

Up $337,859 (+11%) from 2018

Net Assets

Up

$3,215,788

Up $430,068 (+15%) from 2018

Liabilities

Down

$301,733

Down $92,209 (-23%) from 2018

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin92nd percentile

Revenue

Up

$808,015

Up $442,842 (+121%) from 2018

Expenses

Down

$377,947

Down $51,674 (-12%) from 2018

Net Income

Up

$430,068

Up $494,516 (+767%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $1,449,584Liabilities 2011: $310,000Net Assets 2011: $1,139,5842011Assets 2012: $1,982,255Liabilities 2012: $461,295Net Assets 2012: $1,520,9602012Assets 2013: $2,416,314Liabilities 2013: $252,865Net Assets 2013: $2,163,4492013Assets 2014: $2,302,855Liabilities 2014: $213,122Net Assets 2014: $2,089,7332014Assets 2015: $2,329,064Liabilities 2015: $390,142Net Assets 2015: $1,938,9222015Assets 2016: $2,972,915Liabilities 2016: $384,818Net Assets 2016: $2,588,0972016Assets 2017: $3,074,856Liabilities 2017: $225,051Net Assets 2017: $2,849,8052017Assets 2018: $3,179,662Liabilities 2018: $393,942Net Assets 2018: $2,785,7202018Assets 2019: $3,517,521Liabilities 2019: $301,733Net Assets 2019: $3,215,7882019Assets 2020: $4,208,744Liabilities 2020: $419,031Net Assets 2020: $3,789,7132020Assets 2021: $8,280,823Liabilities 2021: $564,689Net Assets 2021: $7,716,1342021Assets 2022: $9,002,328Liabilities 2022: $880,311Net Assets 2022: $8,122,0172022Assets 2023: $13,782,493Liabilities 2023: $1,191,372Net Assets 2023: $12,591,1212023Assets 2024: $15,822,893Liabilities 2024: $2,329,763Net Assets 2024: $13,493,1302024

Highlighted filing

2019

Assets$3,517,521
Liabilities$301,733
Net Assets$3,215,788
Open 2019 Filing

Operations Trend

Revenue Growth94th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $421,084Expenses 2011: $416,409Net Income 2011: $4,6752011Revenue 2012: $410,176Expenses 2012: $328,800Net Income 2012: $81,3762012Revenue 2013: $814,977Expenses 2013: $172,388Net Income 2013: $642,5892013Revenue 2014: $420,103Expenses 2014: $493,819Net Income 2014: -$73,7162014Revenue 2015: $307,457Expenses 2015: $458,268Net Income 2015: -$150,8112015Revenue 2016: $898,645Expenses 2016: $249,367Net Income 2016: $649,2782016Revenue 2017: $551,520Expenses 2017: $289,812Net Income 2017: $261,7082017Revenue 2018: $365,173Expenses 2018: $429,621Net Income 2018: -$64,4482018Revenue 2019: $808,015Expenses 2019: $377,947Net Income 2019: $430,0682019Revenue 2020: $1,183,825Expenses 2020: $609,900Net Income 2020: $573,9252020Revenue 2021: $4,728,316Expenses 2021: $801,895Net Income 2021: $3,926,4212021Revenue 2022: $1,320,186Expenses 2022: $914,303Net Income 2022: $405,8832022Revenue 2023: $5,575,731Expenses 2023: $1,106,627Net Income 2023: $4,469,1042023Revenue 2024: $2,374,234Expenses 2024: $1,472,214Net Income 2024: $902,0202024

Highlighted filing

2019

Revenue$808,015
Expenses$377,947
Net Income$430,068
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.1
Gross Receipts
$808,015
Mission and Program Overview

Mission

To Promote the development of affordable housing for Virginia's poorest and most underserved residents

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$601,942$1,662,301▲ $1,060,359
Cash and Non-Interest-Bearing Accounts$2,517,426$1,264,716▼ $1,252,710
Accounts Receivable$58,300$580,900▲ $522,600
Investments Program Related$1,994$2,071▲ $77
Total Assets$3,179,662$3,517,521▲ $337,859
Other Assets Total-$7,533-
Liabilities
Unsecured Notes Loans Payable$152,846$152,327▼ $519
Other Liabilities$113,717$88,317▼ $25,400
Accounts Payable and Accrued Expenses$127,379$61,089▼ $66,290
Total Liabilities$393,942$301,733▼ $92,209
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,373,005$1,786,034▲ $413,029
Net Assets Without Donor Restrictions$1,412,715$1,429,754▲ $17,039
Total Net Assets Fund Balance$2,785,720$3,215,788▲ $430,068
Total Liabilities and Net Assets / Fund Balance$3,179,662$3,517,521▲ $337,859

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$7,533--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Robert NewmanTreasurer-$190,839$190,839
Laura DupuySecretaryPT$80,150$80,150

Board Members and Trustees

NameTitle
John PSalopPresident
Karen WildsVice President
Andy KegleyBoard Member
Barry M KornblauBoard Member
David ClarkBoard Member
Neil AmimBoard Member
Philip StetsonBoard Member
Robert Newman-
Revenue and Support

Revenue Composition

Contributions and Grants
$475,000
Program Service Revenue
$324,386
Investment Income
$8,629
Other Revenue
$0
All Other Contributions
$475,000
Change in Net Assets
$430,068

Audited Revenue Reconciliation

Revenue per Audited Statements
$808,015
Total Revenue per Audited Statements
$808,015
Total Revenue per Form 990
$808,015
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$377,947
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$120,388$658$0$121,046
All Other Expenses$25,000$0$0$25,000
Interest$0$5,629$0$5,629
Total Functional Expenses$366,369$11,578$0$377,947

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$377,947
Total Expenses per Audited Statements$377,947
Total Expenses per Form 990$377,947
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
Deferred Asset Management Fee$47,484
Deferred Operating Reimbursement Fee$40,833
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Virginia Community Development Fund Inc
EIN
54-1914519
Phone
8043431200
Address
1840 West Broad St, Richmond, VA 23220

Signing Officer

Name
Robert Newman
Title
Treasurer
Phone
8043431200
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bob Newman
Formed
1996
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Dooley & Vicars
Address
21 S SHEPPARD ST, RICHMOND, VA 23221
Preparer
Thomas E TurnerCPA
Phone
8043552808
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The President and Treasurer approve the 990 before it”

Pt VI, Line 11B

“is submitted.”

Pt VI, Line 12C

“The parent corporation (VCDC) has a conflict of interest and whistle-blower policy, which also applies to VCDF.”

Pt VI, Line 15A

“The Secretary and Treasurer of VCDF were full-time staff of an affiliate, Virginia Community Development Corporation (VCDC). VCDC commissioned a comprehensive compensation (salary and benefits) survey in 2016 to assess the market for comparable compensation for all staff. In addition, VCDC obtains salary and broad benefit comparables through its membership in the National Association of State and Local Equity Funds. The VCDC CEO determines compensation for these positions using this information as reference.”

Pt VI, Line 15B

“The Secretary and Treasurer of VCDF were full-time staff of VCDC that were shared with VCDF and other affiliates. The compensation reported in this return is for the full-time salary and benefits, not for the portion of compensation allocated to VCDF.”

Pt VI, Line 7A

“VCDC appoints the Board Members.”

Pt VI, Line 7B

“VCDC can direct governance decisions.”

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IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0799386
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Program Service 2015: 290626. 2016: 182483. 2017: 219433. 2018: 355288. 2019: 386357.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0290626
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08629
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09886
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt012516
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt016162
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt021201
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt068394
IRS990ScheduleA/InvestmentIncomeCYPct00
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0355288
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0219433
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0182483
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0290626
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01434187
IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleA/PublicSupportCY170Pct00.58760
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.52160
IRS990ScheduleA/PublicSupportTotal170Amt02140485
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0475000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0355288
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0319571
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0700000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0290626
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02140485
IRS990ScheduleA/TotalSupportAmt03643066
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0377947
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07533
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Advisory Fees - Net of Amortization
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt047484
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt140833
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred Asset Management Fee
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Operating Reimbursement Fee
IRS990ScheduleD/RevenueSubtotalAmt0808015
IRS990ScheduleD/TotalBookValueOtherAssetsAmt07533
IRS990ScheduleD/TotalExpensesPerForm990Amt0377947
IRS990ScheduleD/TotalLiabilityAmt088317
IRS990ScheduleD/TotalRevenuePerForm990Amt0808015
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0808015
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0377947
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0160941
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt028898
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Robert Newman
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0189839
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The President and Treasurer approve the 990 before it
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1is submitted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The parent corporation (VCDC) has a conflict of interest and whistle-blower policy, which also applies to VCDF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Secretary and Treasurer of VCDF were full-time staff of an affiliate, Virginia Community Development Corporation (VCDC). VCDC commissioned a comprehensive compensation (salary and benefits) survey in 2016 to assess the market for comparable compensation for all staff. In addition, VCDC obtains salary and broad benefit comparables through its membership in the National Association of State and Local Equity Funds. The VCDC CEO determines compensation for these positions using this information as reference.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Secretary and Treasurer of VCDF were full-time staff of VCDC that were shared with VCDF and other affiliates. The compensation reported in this return is for the full-time salary and benefits, not for the portion of compensation allocated to VCDF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5VCDC appoints the Board Members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6VCDC can direct governance decisions.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 7b
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0VCDF Manager Inc
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0271408838
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0Support Related Organizations
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt01840 W Broad Street
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0RICHMOND
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd023220
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt2NA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt3NA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt4NA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0271408947
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1271409090
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN2271409145
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN3271409202
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN4271409246
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1VA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd2VA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd3VA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd4VA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct00.00000
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct10.00000
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct20.00000
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct30.00000
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct40.00000
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0REL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt1REL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt2REL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt3REL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt4REL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0Community Development
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1Community Development
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt2Community Development
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt3Community Development
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt4Community Development
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0VCDF Community Development 1 LLC

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,517,521
Liabilities
$301,733
Net assets
$3,215,788
Revenue
$808,015
Expenses
$377,947
Net income
$430,068
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.8$2.33$13.5$2.37$1.47$0.90
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.8$1.19$12.6$5.58$1.11$4.47
2022Detailed filing. Detailed filing data is available for this year.$9.00$0.88$8.12$1.32$0.91$0.41
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.28$0.56$7.72$4.73$0.80$3.93
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.21$0.42$3.79$1.18$0.61$0.57
2019Detailed filing. Detailed filing data is available for this year.$3.52$0.30$3.22$0.81$0.38$0.43
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.18$0.39$2.79$0.37$0.43$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.07$0.23$2.85$0.55$0.29$0.26
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.97$0.38$2.59$0.90$0.25$0.65
2015Detailed filing. Detailed filing data is available for this year.$2.33$0.39$1.94$0.31$0.46$0.15
2014Detailed filing. Detailed filing data is available for this year.$2.30$0.21$2.09$0.42$0.49$0.07
2013Detailed filing. Detailed filing data is available for this year.$2.42$0.25$2.16$0.81$0.17$0.64
2012Summary only. Only limited summary data is available for this year.$1.98$0.46$1.52$0.41$0.33$0.08
2011Summary only. Only limited summary data is available for this year.$1.45$0.31$1.14$0.42$0.42$0.00