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Nonprofit · EIN 52-1258679

VIRGINIA UNITED METHODIST HOUSING DEVELOPMENT CORPORATION

Tax-exempt · ALEXANDRIA, VA 22303

Financials

$8.1M$2.9M2023$4.9M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of VIRGINIA UNITED METHODIST HOUSING DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,945,778$1,259,161$3,686,617$30,139,967$10,898,195$19,241,772
December 31, 2023990$8,114,342$2,869,188$5,245,154$25,817,007$10,245,281$15,571,726
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,003,584
Investment income
$1,942,194
Net gain from sales of assets
$1,455,680
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$29,791
Other salaries and wages
$145,139
Salaries, compensation and benefits (total)
$212,076
Professional fundraising fees
$0
Legal fees
$95,960
Accounting fees
$75,499
Travel
$5,499
Depreciation
$183,500
Program services (functional)
$805,325
Management and general (functional)
$453,836

Balance sheet and other

Total assets, start of year
$25,817,007
Total assets, end of year
$30,139,967
Total liabilities, end of year
$10,898,195
Net assets, end of year
$19,241,772
Land, buildings and equipment
$5,383,784
Net assets without donor restrictions
$19,241,772
Gross receipts
$10,890,098
Employees
1
Volunteers
0
Year formed
1982
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 / weekCompensation
Larry DickensonPresident
Trustee or director, Officer
24$60,000
Rev Ernest Herndon JrSecretary
Trustee or director, Officer
1$7,200
Dr James G O'QuinnVice President
Trustee or director, Officer
1$3,600
W Randolph SpearsTreasurer
Trustee or director, Officer
12$0
David DommisseDirector
Trustee or director
1$0
Harold E White SrDirector
Trustee or director
1$0
Joe ThieleckeDirector
Trustee or director
1$0
Kathy LutmanDirector
Trustee or director
1$0
Lawrence JulihnDirector
Trustee or director
1$0
Monty CoxDirector
Trustee or director
1$0
Sue BoltzDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
Larry DickensonPresident
Trustee or director, Officer
24$60,000
Rev Ernest Herndon JrSecretary
Trustee or director, Officer
1$7,200
Dr James G O'QuinnVice President
Trustee or director, Officer
1$3,600
W Randolph SpearsTreasurer
Trustee or director, Officer
12$0
David DommisseDirector
Trustee or director
1$0
Harold E White SrDirector
Trustee or director
1$0
Joe ThieleckeDirector
Trustee or director
1$0
Kathy LutmanDirector
Trustee or director
1$0
Lawrence JulihnDirector
Trustee or director
1$0
Monty CoxDirector
Trustee or director
1$0
Sue BoltzDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
2311 HUNTINGTON AVE, ALEXANDRIA, VA 22303-1529
Principal officer (990 for 2024)
Michael Pruell, 2311 Huntington Avenue, Alexandria, VA 22303
Signed the 990
Michael Pruell, CFO
Phone
(540) 344-6861
Return prepared by
Forvis Mazars LLP

Mission

the mission of the virginia united methodist housing development corporation ("vumhdc") is to serve low to moderate income persons in virginia by developing, owning, operating and sustaining quality affordable housing communities and to partner with and assist others seeking to engage in that mission.

990 for the year ended December 31, 2024

Program accomplishments

  • vumhdc owns and operates sixteen affordable properties and partners in eighteen other affordable properties in partnership with other private market developers. These properties offer approximately 1,962 housing units that are classified as "affordable" through various programs sponsored by HUD and VHDA. these properties are open to any and all people who qualify under the applicable affordable housing programs.
    Expenses $805,325 · revenue $4,459,264

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
52-1258679
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$30,139,967
Income (IRS master file)
$10,890,098

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,945,778$1,259,161$30,139,967XML
990December 2023$8,114,342$2,869,188$25,817,007XML
990December 2022$2,437,468$2,712,629$27,721,106IRS
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 52-1258679).

Questions about VIRGINIA UNITED METHODIST HOUSING DEVELOPMENT CORPORATION

What is the EIN of VIRGINIA UNITED METHODIST HOUSING DEVELOPMENT CORPORATION?
The employer identification number (EIN) of VIRGINIA UNITED METHODIST HOUSING DEVELOPMENT CORPORATION is 52-1258679.
Is VIRGINIA UNITED METHODIST HOUSING DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1982.
Are donations to VIRGINIA UNITED METHODIST HOUSING DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does VIRGINIA UNITED METHODIST HOUSING 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 VIRGINIA UNITED METHODIST HOUSING 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 VIRGINIA UNITED METHODIST HOUSING 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 VIRGINIA UNITED METHODIST HOUSING DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names Michael Pruell.
Who are the officers and directors of VIRGINIA UNITED METHODIST HOUSING DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 11 people; 3 received compensation from the organization, the highest $60,000 (Larry Dickenson, President).
How much revenue does VIRGINIA UNITED METHODIST HOUSING DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,945,778, expenses of $1,259,161 and total assets of $30,139,967 at year end.

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