Public Charity

Virginia Affordable Housing Loan Fund

Virginia Affordable Housing Loan Fund is a Public Charity headquartered in CHARLOTTESVILLE, VA. Financial data from the 2024 filing: $101K revenue, $39K expenses, $739K total assets. 2 publicly reported grants to this organization, totaling roughly $126K, appear in IRS filings.

EIN: 311788400 CHARLOTTESVILLE, VA Community & Neighborhood Development NTEE: S20 Latest filing: 2024
Total Revenue$101K
Total Expenses$39K
Total Assets$739K
Grant Records2
Funding Total$126K
Filing Years2020–2024

Mission

Housing loans to lower income persons

Where $100 goes at Virginia Affordable Housing Loan Fund

How Virginia Affordable Housing Loan Fund divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$60 Programs the work itself
$40 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $60 for programs

$60
To market and find qualified borrowers for the loan fund which is designed to increase affirdabilty and access to credit for lower income persons
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Bob Adams
Director Charlie Frankfort
Chairperson Donald L Ritenour
Director Earline Powell
Director Esi Okesanya
Director Jason Tickle

Officer compensation and complete director data available with membership.

Top Grant Purposes

Housing & Homelessness
$10,000 1 grant
Unspecified
$115,566 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $101K $39K $739K
2023 $32K $10K $404K
2022 $28K $9K $275K
2021 $6K $4K $224K
2020 $133K $3K $17K

Between 2020 and 2024, reported annual revenue declined from $133K to $101K (-24%), with total assets most recently reported at $739K.

Interactive year-over-year charts and full filing details available with membership.

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