Rva Community Development Corporation
- Assets
- $110.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- Data as of
- 12/2023
- EIN
- 84-3568966
Organization Overview
Rva Community Development Corporation is located in Richmond, VA. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rva Community 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 12/2023, Rva Community Development Corporation generated $84.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $30.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (14.6%) per year over the past 3 years. 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
2023
Describe the Organization's Program Activity:
Part 3
RVA COMMUNITY DEVELOPMENT CORPORATION COLLABORATES WITH COMMUNITY MEMBERS AND NONPROFIT ORGANIZATIONS TO IDENTIFY PROMISING PROJECTS TO BUILD SOCIAL CAPITAL AND OPPORTUNITIES TO BUILD HEALTH AND FINANCIAL WELLNESS, WITH A FOCUS ON COMMUNITY-LED PROJECTS. RVA COMMUNITY DEVELOPMENT CORPORATION CONVENES PARTNERS, ASSESSES OPPORTUNITIES, AND RAISES FUNDING TO SUPPORT THE WORK.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawson Wijesooriya President & Director | 1 | $0 | |
Danielle Wyatt Secretary & Director | 4 | $0 | |
Neil Kessler Treasurer & Director | 1 | $0 | |
Donald Coleman Director | 1 | $0 | |
Dee Ann Remo Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,075 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,992 |
| Total Revenue | $84,075 |
| 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 | $12,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,265 |
| Total expenses | $30,015 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,587 |
| Other assets | $0 |
| Total assets | $110,587 |
| Total liabilities | $32,338 |
| Net assets or fund balances | $78,249 |