Village Development Corporation
- Assets
- $95.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 03/1983
- Data as of
- 12/2022
- EIN
- 31-1051691
Organization Overview
Village Development Corporation is located in Cincinnati, OH. The organization was established in 1983. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Village Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Village Development Corporation generated $37.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $38.7k during the year ending 12/2022. While expenses have increased by 2.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RENTED PROPERTY AT 638 EAST EPWORTH TO PROVIDE HOUSINGAND ELIMINATE BLIGHT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Rudemiler President | 2 | $0 | |
Dave Evans Treasurer | 2 | $0 | |
Brennan Mcnulty Vice President | 2 | $0 | |
Phil Murphy Trustee | 2 | $0 | |
Steven Mingus Secretary | 2 | $0 | |
Bill Carlson Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,911 |
| Total Program Service Revenue | $24,946 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,857 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,731 |
| Total expenses | $38,731 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,307 |
| Other assets | $0 |
| Total assets | $95,417 |
| Total liabilities | $36,200 |
| Net assets or fund balances | $59,217 |