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Nonprofit · EIN 52-1253695

FCHC VIRGINIA COMMUNITY DEVELOPMENT CORPORATION

Tax-exempt · FALLS CHURCH, VA 22046

Financials

$1.9M$1.8M2023$1.7M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of FCHC VIRGINIA COMMUNITY DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,738,696$1,796,980-$58,284$7,398,725$6,846,184$552,541
December 31, 2023990$1,880,624$1,767,885$112,739$7,597,717$6,986,892$610,825
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$922,379
of which government grants
$922,379
Program service revenue
$715,629
Investment income
$100,688
Other revenue
$0

Expenses

Grants and similar amounts paid
$15,000
Compensation of officers, directors and key employees
$248,771
Other salaries and wages
$260,793
Salaries, compensation and benefits (total)
$616,085
Professional fundraising fees
$0
Accounting fees
$22,759
Occupancy
$136,455
Depreciation
$136,698
Program services (functional)
$1,608,838
Management and general (functional)
$188,142

Balance sheet and other

Total assets, start of year
$7,597,717
Total assets, end of year
$7,398,725
Total liabilities, end of year
$6,846,184
Net assets, end of year
$552,541
Land, buildings and equipment
$3,461,116
Net assets without donor restrictions
$552,541
Gross receipts
$1,738,696
Employees
1
Volunteers
0
Year formed
1981
State of legal domicile
VA

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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
RICHARD F BURNSPRESIDENT
Trustee or director, Officer
2$0$741,061$18,993
STEPHEN M GREENVICE PRESIDENT
Officer
1$0$477,583$39,986
FREDERICK MITCHELLSENIOR VICE PRESIDENT
Officer
3$0$314,598$2,000
ALLA ELEONTREASURER AND CAO
Officer
1$0$282,955$27,560
JOSEPH P WIEDORFERVICE PRESIDENT
Officer
2$0$248,998$23,630
THOMAS G VACCARO UNTIL APRILCOO AND SECRETARY
Trustee or director, Officer
40$223,098$0$36,442
DONG BUIBOARD MEMBER
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RICHARD F BURNSPRESIDENT
Trustee or director, Officer
2$0$699,998$17,654
STEPHEN M GREENVICE PRESIDENT
Officer
1$0$530,000$37,708
JOSEPH P WIEDORFERVICE PRESIDENT
Officer
2$0$329,615$21,122
ALLA ELEONTREASURER AND CAO
Officer
1$0$324,423$24,598
THOMAS G VACCAROCOO AND SECRETARY
Trustee or director, Officer
40$273,654$0$33,896
FREDERICK MITCHELLSENIOR VICE PRESIDENT
Officer
3$0$280,000$10,435
DONG BUIBOARD MEMBER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
330-B SOUTH VIRGINA AVE STE 2, FALLS CHURCH, VA 22046-4154
Principal officer (990 for 2024)
ALLA ELEON, 122 EAST 42ND STREET SUITE 4900, NEW YORK, NY 10168
Signed the 990
ALLA ELEON, CHIEF ACCOUNTING OFFICER
Phone
(703) 241-5402
Return prepared by
NOVOGRADAC & COMPANY LLP

Mission

TO EXPAND AND IMPROVE HOUSING OPPORTUNITIES FOR LOW- AND MODERATE-INCOME HOUSEHOLDS IN THE WASHINGTON D.C. METRO AREA, INCLUDING PROVIDING LOANS FOR THE PREDEVELOPMENT AND ACQUISITION OF AFFORDABLE HOUSING PROPERTIES.

990 for the year ended December 31, 2024

Program accomplishments

  • THROUGH ITS OWNERSHIP IN WINTER HILL APARTMENTS (AS THE CONTROLLING MEMBER OF FALLS CHURCH WINTER HILL, LLC, THE OWNING ENTITY OF THE PROPERTY), THE CORPORATION PROVIDED 83 UNITS OF AFFORDABLE HOUSING FOR LOW INCOME PERSONS AND THEIR FAMILIES. THE CORPORATION PROVIDES FUNDING FOR THE RESIDENT SERVICES PROGRAMMING TO THESE INDIVIDUALS.
    Expenses $1,208,289 · revenue $683,864
  • THE CORPORATION PROVIDES PRE-DEVELOPMENT/ACQUISITION/BRIDGE LOANS TO FOSTER THE DEVELOPMENT OF AFFORDABLE HOUSING PROPERTIES IN THE WASHINGTON D.C. METRO AREA.
    Expenses $400,549 · grants $15,000 · revenue $28,765

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-1253695
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
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,398,725
Income (IRS master file)
$1,738,696

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,738,696$1,796,980$7,398,725IRS
990December 2023$1,880,624$1,767,885$7,597,717XML
990December 2022$1,593,003$1,793,181$7,630,224IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 52-1253695).

Questions about FCHC VIRGINIA COMMUNITY DEVELOPMENT CORPORATION

What is the EIN of FCHC VIRGINIA COMMUNITY DEVELOPMENT CORPORATION?
The employer identification number (EIN) of FCHC VIRGINIA COMMUNITY DEVELOPMENT CORPORATION is 52-1253695.
Is FCHC VIRGINIA COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to FCHC VIRGINIA COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FCHC VIRGINIA COMMUNITY 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 FCHC VIRGINIA COMMUNITY 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 FCHC VIRGINIA COMMUNITY 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 FCHC VIRGINIA COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names ALLA ELEON.
Who are the officers and directors of FCHC VIRGINIA COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization.
How much revenue does FCHC VIRGINIA COMMUNITY DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,738,696, expenses of $1,796,980 and total assets of $7,398,725 at year end.

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