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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Virginia Beach Community Development Corporation

Virginia Beach Community Development Corporation

Fiscal year ending 2024. Filed on February 5, 2025.

2400 Potters Rd
Virginia Beach, Virginia 23454

Virginia Beach Community Development Corporation (EIN: 54-1378797) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Virginia Beach Community Development Corporation, a 501(c)(3) charitable organization, reported compensation for 2 out of 50 total employees. Among the employees shown here, the average compensation is $143,940. The highest compensated employee at Virginia Beach Community Development Corporation is Jessica Guglielmo with fiscal year 2024 compensation of $165,533.

Revenue, expenses, and employee compensation

Revenue

$7,136,805

Expenses

$8,268,321

Employee compensation

$2,352,299
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jessica Guglielmo
Chief Executive Officer
$165,533
$148,140 No related comp$17,393
Kristal H Davis
Employee
$122,346
$122,294 No related comp$52

Benchmark Employee Compensation

Non-Employee Board Members

Andrew Friedman
Secretary and Treasurer
Christopher L Brown
Director
Courtney Lalonde
Director
Dr Audrey B Douglas-Cooke
Vice President
Frank McKinney
Chair and President
Gary Sharpe
Director
J David Crain Jr
Director
Jeremy C Johnson
Director
Kay Ashby
Director
Kinte Smith
Director
Marshall Brice
Director
Robert Ewell
Director

Contractors

PR Landscaping
Maintenance and Repairs
$181,630

Mission Statement

TO ASSIST THE CITY OF VIRGINIA BEACH BY PARTNERING WITH THE PUBLIC AND PRIVATE SECTORS TO PROVIDE QUALITY AFFORDABLE HOUSING OPPORTUNITIES TO LOW AND MODERATE INCOME PEOPLE.

Revisions to this organization profile

February 5, 2025:
2024 Virginia Beach Community Development Corporation 990 filed
May 8, 2024:
2023 Virginia Beach Community Development Corporation 990 filed
November 21, 2022:
2022 Virginia Beach Community Development Corporation 990 filed

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