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Nonprofit · EIN 52-1347380

RESIDENTIAL CORPORATION

Tax-exempt · NORFOLK, VA 23510

Financials

$1.8M$1.9M2022$7.4M$2.2M2023$2.9M$2.5M2024
Revenue Expenses · by fiscal year end
Financials of RESIDENTIAL CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,920,699$2,524,011$396,688$17,032,407$5,153,759$11,878,648
June 30, 2024990$7,409,474$2,231,729$5,177,745$16,756,346$5,277,409$11,478,937
June 30, 2023990$1,843,221$1,907,145-$63,924$11,583,099$5,281,907$6,301,192
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$52,150
Program service revenue
$984,679
Investment income
$40,429
Net rental income
$1,288,699
Other revenue
$1,843,441

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$431,272
Program services (functional)
$1,780,451
Management and general (functional)
$743,560

Balance sheet and other

Total assets, start of year
$16,756,346
Total assets, end of year
$17,032,407
Total liabilities, end of year
$5,153,759
Net assets, end of year
$11,878,648
Land, buildings and equipment
$13,750,402
Net assets without donor restrictions
$11,878,648
Gross unrelated business income
$41,497
Gross receipts
$2,920,699
Employees
0
Volunteers
17
Year formed
1984
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHANNON POCIASKEXECUTIVE DIRECTOR
Officer
5$0$119,641$5,400
ANDREW VAKOSVICE-PRESIDENT
Trustee or director, Officer
2$0$0$0
BRYAN FOWLERSECRETARY
Trustee or director, Officer
2$0$0$0
JAMES MCCUNETREASURER
Trustee or director, Officer
2$0$0$0
JENNIFER HARRISPRESIDENT
Trustee or director, Officer
2$0$0$0
ALTAY UZUNDIRECTOR
Trustee or director
0.2$0$0$0
PAMELA KATRANCHADIRECTOR
Trustee or director
0.2$0$0$0
RICHARD C MAPP IIIDIRECTOR
Trustee or director
0.2$0$0$0
SCOTT GUIRLINGERDIRECTOR
Trustee or director
0.2$0$0$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHANNON POCIASKEXECUTIVE DIRECTOR
Officer
5$0$98,113$5,400
CAREN LYNNE SEAGLEFORMER EXECUTIVE DIRECTOR
Former
0$0$30,810$0
RICHARD C MAPP IIIPRESIDENT
Trustee or director, Officer
1$0$0$0
JENNIFER HARRISVICE PRESIDENT
Trustee or director, Officer
1$0$0$0
ALTAY UZUNSECRETARY
Trustee or director, Officer
1$0$0$0
BRYAN FOWLERTREASURER
Trustee or director, Officer
1$0$0$0
SCOTT GUIRLINGERDIRECTOR
Trustee or director
1$0$0$0
JOSHUA HARRISDIRECTOR
Trustee or director
1$0$0$0
PAMELA KATRANCHADIRECTOR
Trustee or director
1$0$0$0
JAMES MCCUNEDIRECTOR
Trustee or director
1$0$0$0
DREW VAKOSDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CAREN LYNNE SEAGLETHRU 223FORMER EXECUTIVE DIRECTOR
Highest-paid employee
5$0$150,208$18,082
RICHARD C MAPP IIIPRESIDENT
Trustee or director, Officer
1$0$0$0
ALTAY UZUNVICE-PRESIDENT
Trustee or director, Officer
1$0$0$0
JENNIFER HARRISSECRETARY
Trustee or director, Officer
1$0$0$0
BRYAN FOWLERTREASURER
Trustee or director, Officer
1$0$0$0
JOSHUA HARRISDIRECTOR
Trustee or director
1$0$0$0
PAMELA KATRANCHADIRECTOR
Trustee or director
1$0$0$0
TOM MOSSDIRECTOR
Trustee or director
1$0$0$0
ROBERT PARKERDIRECTOR
Trustee or director
1$0$0$0
ANNE STANDINGDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
801 BOUSH ST STE 302, NORFOLK, VA 23510-1533
In care of
% KIMBERLY BLACK
Principal officer (990 for 2024)
SHANNON M POCIASK, 801 BOUSH STREET SUITE 302, NORFOLK, VA 23510
Signed the 990
SHANNON M POCIASK, EXECUTIVE DIRECTOR
Phone
(757) 625-6161
Return prepared by
BDO USA

Mission

TO PROVIDE SAFE AND AFFORDABLE HOUSING TO INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITES IN AN INTEGRATED COMMUNITY SETTING.

990 for the year ended June 30, 2025

Program accomplishments

  • THE RESIDENTIAL CORPORATION IS A 501(C)(4) NOT-FOR-PROFIT ORGANIZATION THAT PROVIDES SAFE AND AFFORDABLE HOUSING (APARTMENTS) TO APPROXIMATELY 80 ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES IN CITIES THROUGHOUT HAMPTON ROADS. MANY OF THE APARTMENTS ARE ALSO AVAILABLE TO MEMBERS OF THE COMMUNITY-AT-LARGE, MANY WHO QUALIFY AS LOW-INCOME IN ACCORDANCE WITH INCOME LIMITS PUBLISHED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
    Expenses $1,780,451 · revenue $1,025,935

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
52-1347380
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1984
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$17,032,407
Income (IRS master file)
$2,920,699

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,920,699$2,524,011$17,032,407IRS
990June 2024$7,409,474$2,231,729$16,756,346IRS
990June 2023$1,843,221$1,907,145$11,583,099XML
990June 2022$824,782$875,685$11,817,027IRS
990June 2021–––IRS
990June 2019–––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 52-1347380).

Questions about RESIDENTIAL CORPORATION

What is the EIN of RESIDENTIAL CORPORATION?
The employer identification number (EIN) of RESIDENTIAL CORPORATION is 52-1347380.
Is RESIDENTIAL CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1984.
Are donations to RESIDENTIAL CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RESIDENTIAL 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 RESIDENTIAL CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RESIDENTIAL CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of RESIDENTIAL CORPORATION?
The 990 for the year ended June 30, 2025 names SHANNON M POCIASK.
Who are the officers and directors of RESIDENTIAL CORPORATION?
The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does RESIDENTIAL CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,920,699, expenses of $2,524,011 and total assets of $17,032,407 at year end.

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