Nonprofit · EIN 45-0583218
VERMONT AVENUE BAPTIST CHURCH DEVELOPMENT CORPORATION
Tax-exempt · WASHINGTON, DC 20009
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $187,894 | $170,802 | $17,092 | $742,418 | $1,053,368 | -$310,950 |
| December 31, 2023 | 990 | $172,883 | $186,182 | -$13,299 | $768,192 | $1,096,234 | -$328,042 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $187,894
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,432
- Occupancy
- $87,916
- Depreciation
- $32,491
- Program services (functional)
- $170,802
Balance sheet and other
- Total assets, start of year
- $768,192
- Total assets, end of year
- $742,418
- Total liabilities, end of year
- $1,053,368
- Net assets, end of year
- -$310,950
- Land, buildings and equipment
- $715,725
- Gross receipts
- $187,894
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2007
- State of legal domicile
- DC
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rahman A Stringfield | President Trustee or director, Officer | 1 | $0 |
| Alfred A Martin | Secretary Trustee or director, Officer | 1 | $0 |
| Betty J Holden | Treasurer Trustee or director, Officer | 1 | $0 |
| Sabina M Lofty | Registered Agent Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rahman A Stringfield | President Trustee or director, Officer | 1 | $0 |
| Alfred A Martin | Secretary Trustee or director, Officer | 1 | $0 |
| Betty J Holden | Treasurer Trustee or director, Officer | 1 | $0 |
| Sabina M Lofty | Registered Agent Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1630 VERMONT AVE NW, WASHINGTON, DC 20009-4332
- Mailing address (990-N for 2011)
- 1630 Vermont Avenue NW, Washington DC DC 20009
- Principal officer (990 for 2024)
- Rahman Stringfield, 1630 Vermont Avenue NW, Washington, DC 20009
- Principal officer (990-N for 2011)
- Donna J Dean, 1630 Vermont Avenue NW, Washington DC DC 20009
- Signed the 990
- Alfred Martin, Director/Secretary
- Phone
- (202) 667-1078
Mission
The VABC Development Corporation was organized to combat community deterioration by assisting, promoting, and encouraging development of affordable and senior housing and revitalization of blighted areas to enhance, enrich, and promote the quality of life in the community and improve human and educational opportunities of residents, and provide workforce and skills development, job training, employment opportunities and entrepreneurial development for socially and economically disadvantaged persons.
Program accomplishments
- As the sole member limited liability company wholly owned and controlled by the VABC Development Corporation, the activities of the John H. Brooks, LLC, are considered activities/program services related to the Development Corporation. One program of the LLC is to acquire, own, develop, redevelop, construct, manage, lease, operate, finance, refinance, and, when and if appropriate, sell real and personal property, or interests therein, for its own account or together with others, located at 1207 Q Street, NW, Washington, DC. The property is located within the Washington Neighborhood Investment Fund Logan Circle target area, which was established to finance economic development and neighborhood revitalization. The property is a multi-family residential building that is rented at reasonable market rates.Expenses $170,802 · revenue $187,894
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 | Not 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
- 45-0583218
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P80)
- Assets (IRS master file)
- $742,418
- Income (IRS master file)
- $187,894
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $187,894 | $170,802 | $742,418 | XML |
| 990 | December 2023 | $172,883 | $186,182 | $768,192 | XML |
| 990 | December 2022 | $162,226 | $171,896 | $804,907 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2011 Officer: Donna J Dean | December 31, 2011 | ≤ $50,000 receipts | – | – | e-Postcard |
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 45-0583218).
Questions about VERMONT AVENUE BAPTIST CHURCH DEVELOPMENT CORPORATION
- What is the EIN of VERMONT AVENUE BAPTIST CHURCH DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of VERMONT AVENUE BAPTIST CHURCH DEVELOPMENT CORPORATION is 45-0583218.
- Is VERMONT AVENUE BAPTIST CHURCH DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to VERMONT AVENUE BAPTIST CHURCH DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VERMONT AVENUE BAPTIST CHURCH DEVELOPMENT CORPORATION 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 VERMONT AVENUE BAPTIST CHURCH DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VERMONT AVENUE BAPTIST CHURCH DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of VERMONT AVENUE BAPTIST CHURCH DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names Rahman Stringfield.
- Who are the officers and directors of VERMONT AVENUE BAPTIST CHURCH DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does VERMONT AVENUE BAPTIST CHURCH DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $187,894, expenses of $170,802 and total assets of $742,418 at year end.
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