SOUTHSIDE COMMUNITY DEVELOPMENT AND HOUSING CORPORATION

EIN: 541480544 501(c)(3) Housing & Shelter

RICHMOND, VA

Total Revenue
$5,559,126
Total Expenses
$3,357,931
Total Assets
$15,474,832
Net Assets
$8,551,349
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
VA
Principal Officer
DIANNA BOWSER
Phone
8042314449
Tax Period
2024-07-01 to 2025-06-30

SOUTHSIDE COMMUNITY DEVELOPMENT AND HOUSING CORPORATION, founded in 1988, is a community nonprofit in the Housing & Shelter sector that reported $5.4M in total revenue in fiscal year 2017. Revenue decreased 20% compared to the prior year. Expenses of $5.2M left a modest 4% surplus.

Mission

Southside Community Development and Housing Corporation is a nonprofit, tax-exempt organization established in March 1988. SCDHC's mission is to use a holistic approach to create viable, thriving, and sustainable communities. Our purpose is to provide quality residential and commercial development, supportive resources, services and programs throughout the Central Virginia region.

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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 $4,361,224
Program Service Revenue $-176,012
Investment Income $0
Other Revenue $1,373,914
TOTAL REVENUE $5,559,126

Expense Breakdown

Grants Paid $0
Salaries & Benefits $890,973
Fundraising Expenses $0
Program Expenses $2,599,565
Other Expenses $2,466,958
TOTAL EXPENSES $3,357,931

Year-over-Year Comparison

2024 2023 Change
Revenue $5,559,126 $6,502,554 -0.1%
Expenses $3,357,931 $6,105,608 -0.5%
Net Income $2,201,195 $396,946 +4.5%
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
12
Independent Members
10
Employees
20
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
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LORETTA WILLIAMSON Director 2.00
Director
$0 $0 $0
TWANDRA LOMAX-BROWN Chairperson 4.00
Officer Director
$0 $0 $0
CAROLINE E BROWDER Treasurer 2.00
Officer Director
$0 $0 $0
DR SHAWNWELL BLACKWELL Director 2.00
Director
$0 $0 $0
CHRIS SNEAD Director 2.00
Officer Director
$0 $0 $0
COREY MARTIN Secretary 2.00
Officer Director
$0 $0 $0
LAWRENCE D WILDER JR Vice Chair 2.00
Officer Director
$0 $0 $0
WILLIE FOBBS III Director 2.00
Director
$0 $0 $0
DAVID J WHITE JR Director 2.00
Director
$0 $0 $0
DIANNA BOWSER President & CEO 40.00
Director
$0 $0 $0
ANTIONE GREEN Director 2.00
Director
$0 $0 $0
CLEARANCE SAILOR Director 2.00
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 $5,559,126 $3,357,931 $15,474,832 $2,201,195
2024 No data No data No data No data
2024 $6,502,554 $6,105,608 $12,492,801 $396,946
2023 $2,622,291 $2,348,895 $13,339,943 $273,396
2022 $4,453,510 $5,410,560 $10,938,625 $-957,050
2022 $4,453,510 $5,410,560 $10,938,625 $-957,050
2021 $4,748,314 $5,482,803 $9,298,460 $-734,489
2020 $4,270,430 $3,995,936 $9,925,143 $274,494
2019 $4,123,515 $3,540,744 $10,391,667 $582,771
2018 $5,401,567 $5,171,548 $9,960,106 $230,019
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