Nonprofit · EIN 52-1347380
RESIDENTIAL CORPORATION
Tax-exempt · NORFOLK, VA 23510
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,920,699 | $2,524,011 | $396,688 | $17,032,407 | $5,153,759 | $11,878,648 |
| June 30, 2024 | 990 | $7,409,474 | $2,231,729 | $5,177,745 | $16,756,346 | $5,277,409 | $11,478,937 |
| June 30, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SHANNON POCIASK | EXECUTIVE DIRECTOR Officer | 5 | $0 | $119,641 | $5,400 |
| ANDREW VAKOS | VICE-PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| BRYAN FOWLER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JAMES MCCUNE | TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JENNIFER HARRIS | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| ALTAY UZUN | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| PAMELA KATRANCHA | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| RICHARD C MAPP III | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| SCOTT GUIRLINGER | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SHANNON POCIASK | EXECUTIVE DIRECTOR Officer | 5 | $0 | $98,113 | $5,400 |
| CAREN LYNNE SEAGLE | FORMER EXECUTIVE DIRECTOR Former | 0 | $0 | $30,810 | $0 |
| RICHARD C MAPP III | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JENNIFER HARRIS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ALTAY UZUN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRYAN FOWLER | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SCOTT GUIRLINGER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOSHUA HARRIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PAMELA KATRANCHA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMES MCCUNE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DREW VAKOS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CAREN LYNNE SEAGLETHRU 223 | FORMER EXECUTIVE DIRECTOR Highest-paid employee | 5 | $0 | $150,208 | $18,082 |
| RICHARD C MAPP III | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ALTAY UZUN | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JENNIFER HARRIS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRYAN FOWLER | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOSHUA HARRIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PAMELA KATRANCHA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TOM MOSS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT PARKER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANNE STANDING | DIRECTOR 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
- Website
- WWW.HOPE-HOUSE.ORG
- Return prepared by
- BDO USA
Mission
TO PROVIDE SAFE AND AFFORDABLE HOUSING TO INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITES IN AN INTEGRATED COMMUNITY SETTING.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,920,699 | $2,524,011 | $17,032,407 | IRS |
| 990 | June 2024 | $7,409,474 | $2,231,729 | $16,756,346 | IRS |
| 990 | June 2023 | $1,843,221 | $1,907,145 | $11,583,099 | XML |
| 990 | June 2022 | $824,782 | $875,685 | $11,817,027 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 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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