Northern Virginia Affordable Housing Alliance

EIN: 262357268 501(c)(3) Housing & Shelter

Reston, VA

Total Revenue
$515,709
Total Expenses
$400,304
Total Assets
$394,522
Net Assets
$393,984
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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
VA
Principal Officer
Jill Norcross
Phone
7035874098
Tax Period
2024-01-01 to 2024-12-31

NORTHERN VIRGINIA AFFORDABLE HOUSING ALLIANCE, founded in 2008, is a small nonprofit in the Housing & Shelter sector that reported $232K in total revenue in fiscal year 2021. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $208K left a modest 10% surplus.

Mission

Increase supply of and equitable access to affordable housing in Northern Virginia through education, advocacy, and community partnership.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $405,282
Program Service Revenue $24,500
Investment Income $7,834
Other Revenue $78,093
TOTAL REVENUE $515,709

Expense Breakdown

Grants Paid $0
Salaries & Benefits $219,211
Fundraising Expenses $15,934
Program Expenses $330,478
Other Expenses $181,093
TOTAL EXPENSES $400,304

Year-over-Year Comparison

2024 2023 Change
Revenue $515,709 $399,405 +0.3%
Expenses $400,304 $289,843 +0.4%
Net Income $115,405 $109,562 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
2
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
5
$125,500
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jill Norcross Executive Dir. 45.00
Officer
$125,500 $0 $125,500
Nicholas Bracco President 1.00
Officer Director
$0 $0 $0
Bailey Hopple Edelson Treasurer 1.00
Officer Director
$0 $0 $0
Hilary Chapman Trustee 1.00
Director
$0 $0 $0
Dr Sylisa Lambert-Woodard Trustee 1.00
Director
$0 $0 $0
Brian McLaughlin Trustee 1.00
Director
$0 $0 $0
Shelley Murphy McCabe Trustee 1.00
Director
$0 $0 $0
Fred Selden Trustee 1.00
Director
$0 $0 $0
Michael A Spotts Trustee 1.00
Director
$0 $0 $0
Paul Bernard Trustee 1.00
Director
$0 $0 $0
Pamela Quanrud Trustee 1.00
Director
$0 $0 $0
Kitty Clark Stevenson Trustee 1.00
Director
$0 $0 $0
Laura Martin Secretary 1.00
Officer Director
$0 $0 $0
David Sisson Vice President 1.00
Officer Director
$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 No data No data No data No data
2024 $515,709 $400,304 $394,522 $115,405
2023 $399,405 $289,843 $279,178 $109,562
2022 $296,027 $227,603 $169,017 $68,424
2021 $231,820 $207,828 $100,356 $23,992
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