CSCharityScored
78

Virginia Beach Community Development Corporation

Community Development · Virginia Bch, Virginia

2400 Potters Rd, Virginia Bch, VA 23454-4322

EIN: 541378797· Founded: Aug 1987· 39 years active· Filing Year: 2023

Annual Revenue

$7.9M

Total Expenses

$7.8M

Total Assets

$35.7M

Program Spending

66%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$167K

2.1% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.6M

Total Payroll

$1.8M

23% of total expenses

Where the Money Goes

66%
Programs: 66%
Payroll: 23%
Other overhead: 34%
Program Revenue$5.2M (65%)
Total Expenses$7.8M (98%)
Payroll$1.8M (23%)
Overhead (non-program)34%

Trust Score Breakdown

Program Spending Ratio

66% of expenses go to programs

40%

Revenue & Stability

$7.9M annual revenue

15%

Executive Compensation

$167K total officer comp (2.1% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$35.7M in assets

10%

Similar Community Development Nonprofits in Virginia

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.