Virginia Council For Affordable And Rural Housing
- Assets
- $26.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wake Forest, NC
- Founding
- 01/1984
- Data as of
- 06/2022
- EIN
- 54-1241781
Organization Overview
Virginia Council For Affordable And Rural Housing is located in Wake Forest, NC. The organization was established in 1984. According to its NTEE Classification (L03) the organization is classified as: Professional Societies & Associations, 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. Virginia Council For Affordable And Rural Housing is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Virginia Council For Affordable And Rural Housing generated $29.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $35.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Odom Executive Director | 10 | $21,000 | |
Mackie Thompson Director | 1 | $0 | |
Ed Dallape Vice President | 1 | $0 | |
Scott Alderman Director | 1 | $0 | |
Pam Smith Director | 1 | $0 | |
Bonnie Gravitte Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sandra Lux | 6/29/19 | $6,000 |
Jill Odum | 6/29/19 | $9,484 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $16,535 |
| Membership dues | $13,350 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,885 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,000 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1 |
| Other expenses | $13,406 |
| Total expenses | $35,407 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,818 |
| Other assets | $0 |
| Total assets | $26,379 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,379 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Carolina Association Of Realtors Columbia, SC | $12,136,645 | $4,422,875 |
National Association Of Residential Property Managers Chesapeake, VA | $7,197,610 | $3,141,683 |
Greater Atlanta Home Builders Association Inc Atlanta, GA | $2,099,399 | $1,943,083 |
Nahma Inc Alexandria, VA | $1,371,765 | $1,737,919 |
Wake County Continuum Of Care Raleigh, NC | $296,436 | $1,664,133 |
National Property Management Association Atlanta, GA | $1,900,437 | $1,089,769 |
Home Builders Association Of Columbia Columbia, SC | $862,484 | $1,214,733 |
Williamson County Association Of Realtors Brentwood, TN | $3,282,079 | $1,254,397 |
Home Builders Association Of Virginia Richmond, VA | $2,262,595 | $1,140,915 |
Dulles Area Association Of Realtors Ashburn, VA | $1,053,649 | $713,181 |
Piedmont Triad Apartment Association Greensboro, NC | $230,838 | $714,934 |
Home Builders Association Of Wilmington Cape Fear Wilmington, NC | $705,267 | $811,156 |