ROSSLYN RIDGE DEVELOPMENT CORP C/O ARLINGTON PARTNERSHIP FOR AFFORDABLE

EIN: 541782087 501(c)(3) Housing & Shelter

ARLINGTON, VA

Total Revenue
$1,155,616
Total Expenses
$2,615,362
Total Assets
$3,731,683
Net Assets
$-73,229
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
VA
Principal Officer
KYLE MCCANDLESS
Phone
7032767444
Tax Period
2023-01-01 to 2023-12-31

ROSSLYN RIDGE DEVELOPMENT CORP C/O ARLINGTON PARTNERSHIP FOR AFFORDABLE, founded in 1996, is a community nonprofit in the Housing & Shelter sector that reported $3.3M in total revenue in fiscal year 2018.

Mission

TO PROVIDE QUALITY AFFORDABLE HOUSING AND RESIDENT-CENTERED PROGRAMMING TO HELP OUR RESIDENTS MAKE THE MOST OF THEIR HOME.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $695,432
Investment Income $3,243
Other Revenue $456,941
TOTAL REVENUE $1,155,616

Expense Breakdown

Grants Paid $0
Salaries & Benefits $385,483
Fundraising Expenses $0
Program Expenses $2,602,862
Other Expenses $2,229,879
TOTAL EXPENSES $2,615,362

Year-over-Year Comparison

2023 2022 Change
Revenue $1,155,616 $3,695,860 -0.7%
Expenses $2,615,362 $4,092,917 -0.4%
Net Income $-1,459,746 $-397,057 +2.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
5

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
6
$1,113,610
Total Directors
6
$359,700
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARMEN ROMERO PRESIDENT / DIRECTOR / CEO 1.00
Officer Director
$0 $24,982 $359,700
BUZZ ROBERTS TREASURER / DIRECTOR 1.00
Officer Director
$0 $0 $0
RANDY ANDERSON SECRETARY / DIRECTOR 1.00
Officer Director
$0 $0 $0
MATT BIRENBAUM DIRECTOR 1.00
Director
$0 $0 $0
KEIVA DENNIS COMMUNITY MEMBER / DIRECTO 1.00
Director
$0 $0 $0
TED HICKS COMMUNITY MEMBER / DIRECTO 1.00
Director
$0 $0 $0
MICHAEL CHIAPPA VICE PRESIDENT/SENIOR VICE PRESIDENT OF REAL ESTAT 35.00
Officer
$324,657 $14,829 $339,486
KYLE MCCANDLESS ASSISTANT TREASURER / CFO 1.00
Officer
$0 $13,883 $235,698
KIMBERLY PAINTER ASSISTANT SECRETARY/VICE PRESIDENT OF TALENT & COL 1.00
Officer
$0 $13,700 $178,726
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
2024 No data No data No data No data
2023 $1,155,616 $2,615,362 $3,731,683 $-1,459,746
2022 $3,695,860 $4,092,917 $7,498,344 $-397,057
2021 $3,678,459 $3,470,782 $26,027,615 $207,677
2020 $3,535,515 $3,386,933 $26,377,231 $148,582
2019 $3,340,587 $3,411,788 $26,268,570 $-71,201
2018 $3,274,860 $3,314,283 $26,646,555 $-39,423
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ROSSLYN RIDGE DEVELOPMENT CORP C/O ARLINGTON PARTNERSHIP FOR AFFORDABLE with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.