Fchc Virginia Community Development Corporation
Fchc Virginia Community Development Corporation
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About this organization
Mission
To preserve and create more affordable rental housing and provide predevelopment funding.
About
Through its ownership in Winter Hill Apartments (as the controlling member of Falls Church Winter Hill, LLC, the owning entity of the property), the corporation provided 83 units of affordable housing for low income persons and their families. The corporation provides funding for the resident services programming to these individuals.
Interesting data from their 2020 990 filing
In the filing, the mission of the non-profit is noted as “To expand and improve housing opportunities for low- and moderate-income households in washington metro area, including providing loans for the predevelopment and acquisition of affordable housing properties.”.
When referring to its responsibilities, they were outlined as: “To preserve and create more affordable rental housing and provide predevelopment funding.”.
- The state in which the non-profit is legally registered to operate is VA, as per legal records.
- The filing documents the non-profit's address in 2020 as 122 EAST 42ND STREET SUITE 4900, NEW YORK, NY, 10168.
- According to the non-profit's form, they have 1 employees on their payroll as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$407,875.
- The organization has 1 independent voting members.
- The organization was formed in 1981.
- The organization pays $702,858 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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