Mission
TO ASSIST THE CITY OF VIRGINIA BEACH BY PARTNERING WITH THE PUBLIC AND PRIVATE SECTORS TO PROVIDE QUALITY AFFORDABLE HOUSING OPPORTUNITIES TO LOW AND MODERATE INCOME PEOPLE.
Public Charity
VIRGINIA BEACH COMMUNITY DEVELOPMENT CORPORATION
VIRGINIA BEACH COMMUNITY DEVELOPMENT CORPORATION, of VIRGINIA BEACH, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $7.1M in revenue, $8.3M in expenses, $34.0M in total assets. 9 publicly reported grants to this organization, totaling roughly $400K, appear in IRS filings.
EIN: 541378797
VIRGINIA BEACH, VA
Latest filing: 2024
Total Revenue$7.1M
Total Expenses$8.3M
Total Assets$34.0M
Grant Records9
Funding Total$400K
Filing Years2019–2024
Sample Grants Received
FINANCIAL ASSISTANCE
$300,000
To provide financial assistance for utilities such as electricity, water/sewer and/or natural gas utility bills to needy individuals and veterans and help prevent these residents from returning to homelessness. The funding is expected to assist 30 households in need.
$10,000
To provide financial assistance for utilities such as electricity, water/sewer and or natural gas utility bills to needy individuals and veterans and help prevent these residents from returning to homelessness. The funding is expected to assist at least 20 households in need.
$7,000
GRANTS AWARDED
$39,301
To provide utility and transportation assistance for Disabled and/or homeless veterans.
$7,000
Showing up to 5 of 9 total records — full history available with membership.
Officers & Directors
SECRETARY/TREASURER
Andrew Friedman
DIRECTOR
Christopher L Brown
DIRECTOR
Courtney Lalonde
VICE PRESIDENT
Dr Audrey B Douglas-Cooke
PRESIDENT/CHAIR
Frank Mckinney
DIRECTOR
Gary Sharpe
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $7.1M | $8.3M | $34.0M |
| 2023 | $7.9M | $7.8M | $35.7M |
| 2021 | $8.7M | $7.3M | $35.9M |
| 2020 | $5.5M | $6.2M | $30.8M |
| 2019 | $5.3M | $6.1M | $31.6M |
Between 2019 and 2024, reported annual revenue grew from $5.3M to $7.1M (+35%), with total assets most recently reported at $34.0M.
Interactive year-over-year charts and full filing details available with membership.