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.
Public Charity
FCHC VIRGINIA COMMUNITY DEVELOPMENT CORPORATION
FCHC VIRGINIA COMMUNITY DEVELOPMENT CORPORATION, of FALLS CHURCH, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.7M in revenue, $1.8M in expenses, $7.4M in total assets. IRS filings disclose 6 grants awarded by this foundation, totaling roughly $70K.
EIN: 521253695
FALLS CHURCH, VA
Low-Income & Subsidized Rental Housing
NTEE: L21
Latest filing: 2024
Total Revenue$1.7M
Total Expenses$1.8M
Total Assets$7.4M
Grants Given6
Grant Total$70K
Filing Years2019–2024
Where $100 goes at Fchc Virginia Community Development Corporation
How Fchc Virginia Community Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$81
Programs
the work itself
$19
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 $81 for programs
$61
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…
$20
The corporation provides pre-development/acquisition/bridge loans to foster the development of affordable housing properties in the washington d.C
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.
Sample Grants Given
AFFORDABLE HOUSING SYMPOSIUM EVENT.
$15,000
AFFORDABLE HOUSING SYMPOSIUM EVENT.
$15,000
CITY OF FALLS CHURCH
HOUSING INTERNS TO SUPPORT OVERALL HOUSING ACTIVITIES IN THE CITY OF FALLS CHURCH.
$10,000
CITY OF FALLS CHURCH
HOUSING INTERN TO SUPPORT OVERALL HOUSING ACTIVITIES IN THE CITY OF FALLS CHURCH.
$10,000
CITY OF FALLS CHURCH
HOUSING INTERN TO SUPPORT OVERALL HOUSING ACTIVITIES IN THE CITY OF FALLS CHURCH.
$10,000
Showing up to 5 of 6 total records — full history available with membership.
Officers & Directors
TREASURER AND CAO
Alla Eleon
BOARD MEMBER
Dong Bui
SENIOR VICE PRESIDENT
Frederick Mitchell
VICE PRESIDENT
Joseph P Wiedorfer
PRESIDENT
Richard F Burns
VICE PRESIDENT
Stephen M Green
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.7M | $1.8M | $7.4M |
| 2023 | $1.9M | $1.8M | $7.6M |
| 2022 | $1.6M | $1.8M | $7.6M |
| 2020 | $1.5M | $1.6M | $8.3M |
| 2019 | $1.5M | $1.8M | $8.3M |
Between 2019 and 2024, reported annual revenue grew from $1.5M to $1.7M (+13%), with total assets most recently reported at $7.4M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in NY, VA.
NYVA
Full geographic grant map with state-by-state breakdown available with membership.