WESLEY HOUSING DEVELOPMENT CORPORATION OF NORTHERN VIRGINIA

WESLEY HOUSING DEVELOPMENT CORPORATION OF NORTHERN VIRGINIA

Alexandria, VA, US
501(c)3
EIN
51-0155779

WESLEY HOUSING DEVELOPMENT CORPORATION OF NORTHERN VIRGINIA

Alexandria, VA, US
501(c)3
EIN
51-0155779

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$13,444,497

Program Services
41%
Government Grants
34%
Other
10%
Contributions
9%
Investments
6%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$13,728,219

Other
54%
Salaries & Benefits
16%
Interest
12%
Offices, Occupancy & IT
8%
Depreciation
5%
Fees to Service Providers
5%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$3,381,697
$1,242,753
-63%
Government Grants
$449,647
$4,520,963
+905%
Fundraising Events
$0
$0
-
Program Services
$4,430,676
$5,464,784
+23%
Membership Dues
$0
$0
-
Investments
$865,007
$846,030
-2%
Other
$4,845,151
$1,369,967
-72%
Total Revenues
$13,972,178
$13,444,497
-4%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,803,604
$2,246,855
-20%
Fees to Service Providers
$646,603
$642,131
-1%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$1,452,042
$1,132,269
-22%
Interest
$1,885,840
$1,612,711
-14%
Depreciation
$905,450
$721,509
-20%
Other
$7,224,372
$7,372,744
+2%
Total Expenses
$14,917,911
$13,728,219
-8%
Net income
2023
2024
Change
Net income
-$945,733
-$283,722
+70%
Functional Expenses
Summary
2023
2024
Change
Program
$13,621,181
$12,650,626
-7%
Admin
$1,052,963
$935,720
-11%
Fundraising
$243,767
$141,873
-42%
Total Expenses
$14,917,911
$13,728,219
-8%
Income Statement
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