Virginia Nonproit Housing Coalition

Organization Overview

Virginia Nonproit Housing Coalition is located in Richmond, VA. The organization was established in 1990. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants 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 Nonproit Housing Coalition 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 12/2021, Virginia Nonproit Housing Coalition generated $15.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.7% each year . All expenses for the organization totaled $12.0m during the year ending 12/2021. While expenses have increased by 24.2% 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.

Since 2014, Virginia Nonproit Housing Coalition has awarded 557 individual grants totaling $32,783,897. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

TO CONTINUE THE DEVELOPMENT ACTIVITIES OF EIGHTEEN LOW-INCOME HOUSING PROJECTS AND SEVEN MODERATE-INCOME HOUSING PROJECTS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $83,395
Dividends & Interest $2,739,808
Net Rental Income$1,231,271
Net Gain on Sale of Assets $4,433,125
Capital Gain Net Income $4,433,125
Net ST Capital Gain $164,655
Income Modifications $0
Profit on Inventory Sales $0
Other Income $2,507,985
Total Revenue $15,806,787

Grants Awarded

Over the last fiscal year, Virginia Nonproit Housing Coalition has awarded $6,349,007 in support to 101 organizations.

Grant RecipientAmount

PROJECT HOMES

PURPOSE: CAPACITY BUILDING AND ADMINISTRATIVE ADDITIONS

$300,000

RICHMOND METRO HABITAT FOR HUMANITY

PURPOSE: DOUBLE THE NUMBER OF HOMES PER YEAR

$254,000

PROJECT HOMES

PURPOSE: CAPACITY BUILDING AND ADMINISTRATIVE ADDITIONS

$251,640

JAMES RIVER ASSOCIATION

Org PageRecipient Profile

Richmond, VA

PURPOSE: ENVIRONMENTAL ED CENTER AT LOCKS

$250,000

UNITED WAY OF GREATER RICHMOND & PETERSBURG

Org PageRecipient Profile

Richmond, VA

PURPOSE: GENERAL OPERATING

$210,000

SACRED HEART CENTER

Org PageRecipient Profile

Richmond, VA

PURPOSE: NEW DIRECTOR OF ADMINISTRATION

$200,000
View Grant Profile

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