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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 2019. Filed on March 3, 2020.

2400 Potters Road
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 2019 IRS Form 990 filing, Virginia Beach Community Development Corporation, a 501(c)(3) charitable organization, reported compensation for 4 out of 52 total employees. Among the employees shown here, the average compensation is $111,754. The highest compensated employee at Virginia Beach Community Development Corporation is Addie Wright Thomason with fiscal year 2019 compensation of $158,028.

Revenue, expenses, and employee compensation

Revenue

$5,283,250

Expenses

$6,079,641

Employee compensation

$1,635,902
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Addie Wright Thomason
Chief Executive Officer
$158,028
$151,428 $6,600 No other comp
Jessica Guglielmo
Interim President and Chief Executive Officer
$122,178
$117,278 $4,900 No other comp
Sharon Shoff
Vice President, Development
$86,476
$83,932 $2,544 No other comp
Kim Johnson
Vice President and Chief Financial Officer
$80,332
$76,280 $4,052 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Christopher L Brown
Personnel Committee Member
Courtney Lalonde
Vice President
Eric Wray
Finance Committee Member
Jeremy C Johnnson
Project Development Committee
Myron Nahra
Funds Development/Finance Committee
Robert Ewell
Project Development Committe
Terron Rodgers
Secretary and Treasurer
Wanda Cooper
President

Contractors

For Kids Inc.
Ssvf Subcontractor
$201,831

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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