Virginia Association of Housing and Community Development Officials

EIN: 237149907 Housing & Shelter

Staunton, VA

Total Revenue
$248,285
Total Expenses
$280,587
Total Assets
$257,244
Net Assets
$235,294
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
VA
Principal Officer
Lance Allen
Phone
5408863413
Tax Period
2024-10-01 to 2025-09-30

Virginia Association of Housing and Community Development Officials, founded in 1971, is a small nonprofit in the Housing & Shelter sector that reported $248K in total revenue in fiscal year 2024. Expenses of $281K exceeded revenue, resulting in a 13% operating deficit.

Mission

Assist Virginias redevelopment and housing authorities and local government housing and community development departments in promoting affordable housing opportunities and vibrant communities.

Program Service Accomplishments

Program 1
Expenses: $7,000 Revenue: $11,599

Scholarships given to qualifying public housing and Housing Choice Voucher graduates

Program 2
Expenses: $267,087 Revenue: $211,880

Presentations of workshops on housing and redevelopment issues, new developments in the industry development of members including newsletters

Program 3
Expenses: $6,500 Revenue: $1,999

Contributions to conferences

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $24,800
Program Service Revenue $213,879
Investment Income $6
Other Revenue $9,600
TOTAL REVENUE $248,285

Expense Breakdown

Grants Paid $7,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $280,587
Other Expenses $273,587
TOTAL EXPENSES $280,587

Year-over-Year Comparison

2024 2023 Change
Revenue $248,285 $249,876 0.0%
Expenses $280,587 $308,603 -0.1%
Net Income $-32,302 $-58,727 -0.4%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nancy Tarketon President N/A
$0 $0 $0
Keith Viers Senior Vice President N/A
$0 $0 $0
Alisa Winston Vice President for Program Services N/A
$0 $0 $0
Michael Wong Past President N/A
$0 $0 $0
Lance Allen Treasurer N/A
$0 $0 $0
Donna Mills Vice President for Public Affairs and Membership N/A
$0 $0 $0
Carl Williamson Director of Training N/A
$0 $0 $0
Luke Tate Vice President For Housing N/A
$0 $0 $0
Lysandra M Shaw Vice President for Professional Development N/A
$0 $0 $0
Ed Ware Vice President - Public Policy N/A
$0 $0 $0
Dr Michael Hawkins Vice President At-Large N/A
$0 $0 $0
Angela Fountain Board Member N/A
$0 $0 $0
Mary Mayrose Vice President for Community Development N/A
$0 $0 $0
John Bohm Board Member Elect, At Large N/A
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $248,285 $280,587 $257,244 $-32,302
2024 $299,876 $358,603 $280,296 $-58,727
2023 $289,415 $180,353 $352,239 $109,062
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