Nonprofit · EIN 38-2150470
VIRGINIA PARK COMMUNITY INVESTMENT ASSOCIATES INC
Tax-exempt · DETROIT, MI 48206
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $358,103 | $318,322 | $39,781 | $728,803 | $11,581 | $717,222 |
| December 31, 2024 | 990 | $357,592 | $381,978 | -$24,386 | $635,282 | $8,706 | $626,576 |
| December 31, 2023 | 990 | $344,287 | $328,517 | $15,770 | $659,668 | $8,706 | $650,962 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $358,103
- Other revenue
- $358,103
Expenses
- Grants and similar amounts paid
- $11,000
- Compensation of officers, directors and key employees
- $14,000
- Salaries, compensation and benefits (total)
- $14,000
- Professional fundraising fees
- $0
- Legal fees
- $5,040
- Accounting fees
- $9,600
- Depreciation
- $2,340
- Program services (functional)
- $300,714
- Management and general (functional)
- $17,608
Balance sheet and other
- Total assets, start of year
- $635,282
- Total assets, end of year
- $728,803
- Total liabilities, end of year
- $11,581
- Net assets, end of year
- $717,222
- Land, buildings and equipment
- $427,462
- Net assets without donor restrictions
- $717,222
- Gross receipts
- $358,103
- Employees
- 0
- Year formed
- 1970
- State of legal domicile
- MI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Maude Freeman | President Trustee or director, Officer | 7 | $3,600 |
| Diane Winn | Chairman of the Board Trustee or director | 2 | $3,000 |
| Janet Hollis | Secretary Trustee or director, Officer | – | $2,700 |
| Angela Polk | Treasurer Trustee or director, Officer | 5 | $2,400 |
| Free Lovie Bland | Board Member Trustee or director | – | $1,200 |
| William Thompson | Board Member Trustee or director | 2 | $1,100 |
| Aaron Moore | Board Member Trustee or director | 5 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Maude Freeman | President Trustee or director | 7 | $3,600 |
| Diane Winn | Chairman of the Board Trustee or director | 2 | $3,000 |
| Janet Hollis | Secretary Trustee or director | – | $2,700 |
| Angela Polk | Treasurer Trustee or director | 2 | $2,400 |
| William Thompson | Board Member Trustee or director | 2 | $1,200 |
| Free Lovie Bland | Board Member Trustee or director | – | $900 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Maude Freeman | President Trustee or director | 7 | $3,600 |
| Diane Winn | Chairman of the Board Trustee or director | 2 | $3,000 |
| Janet Hollis | Secretary Trustee or director | – | $2,700 |
| Alfonzo Hunter | Board Member Trustee or director | – | $2,400 |
| Angela Polk | Treasurer Trustee or director | 2 | $2,400 |
| Free Lovie Bland | Board Member Trustee or director | – | $1,000 |
| William Thompson | Board Member Trustee or director | 2 | $750 |
Address and contacts
- Address (IRS master file)
- 8671 ROSA PARKS BLVD, DETROIT, MI 48206-2201
- Principal officer (990 for 2025)
- Angela Polk, 8671 Rosa Parks Blvd, Detroit, MI 48206
- Signed the 990
- Angela Polk, Ttreasurer
- Phone
- (313) 361-2441
- Return prepared by
- Pilot Management Group LLC
Mission
The organization operates a shopping center in an urban city and provides investment training to community members.
Program accomplishments
- Operation of shipping center for use by the general public.Expenses $289,714 · revenue $358,101
- College scholarship program.Expenses $11,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 38-2150470
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1983
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S200)
- Assets (IRS master file)
- $728,803
- Income (IRS master file)
- $358,103
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $358,103 | $318,322 | $728,803 | IRS |
| 990 | December 2024 | $357,592 | $381,978 | $635,282 | XML |
| 990 | December 2023 | $344,287 | $328,517 | $659,668 | XML |
| 990 | December 2022 | $531,337 | $876,617 | $643,896 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-2150470).
Questions about VIRGINIA PARK COMMUNITY INVESTMENT ASSOCIATES INC
- What is the EIN of VIRGINIA PARK COMMUNITY INVESTMENT ASSOCIATES INC?
- The employer identification number (EIN) of VIRGINIA PARK COMMUNITY INVESTMENT ASSOCIATES INC is 38-2150470.
- Is VIRGINIA PARK COMMUNITY INVESTMENT ASSOCIATES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to VIRGINIA PARK COMMUNITY INVESTMENT ASSOCIATES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VIRGINIA PARK COMMUNITY INVESTMENT ASSOCIATES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VIRGINIA PARK COMMUNITY INVESTMENT ASSOCIATES INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VIRGINIA PARK COMMUNITY INVESTMENT ASSOCIATES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of VIRGINIA PARK COMMUNITY INVESTMENT ASSOCIATES INC?
- The 990 for the year ended December 31, 2025 names Angela Polk.
- Who are the officers and directors of VIRGINIA PARK COMMUNITY INVESTMENT ASSOCIATES INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 6 received compensation from the organization, the highest $3,600 (Maude Freeman, President).
- How much revenue does VIRGINIA PARK COMMUNITY INVESTMENT ASSOCIATES INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $358,103, expenses of $318,322 and total assets of $728,803 at year end.
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