VIRGINIA COMMUNITY CAPITAL INC
AI Summary
Virginia Community Capital Inc (EIN: 54-1754009) is a nonprofit organization dedicated to fostering housing and community development ventures, particularly in low to moderate income areas. With an operating budget of $9.6 million and total revenue of $10.8 million for the filing year 2024, VCC provides innovative and flexible financial products aimed at increasing jobs and building sustainable communities. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. More information can be found on their website at www.vacommunitycapital.org.
Mission Statement
OUR MISSION IS TO OFFER INNOVATIVE, FLEXIBLE FINANCIAL PRODUCTS DESIGNED TO SUPPORT HOUSING AND COMMUNITY DEVELOPMENT VENTURES, INCREASE JOBS AND BUILD SUSTAINABLE COMMUNITIES. VCC OFFERS LOAN CAPITAL THAT IS BROADER THAN BANK LENDING TO PROJECTS THAT HAVE A POSITIVE IMPACT IN LOW TO MODERATE INCOME COMMUNITIES IN UNDERSERVED GEOGRAPHIES AND MARKETS.
Cause Areas
2
Entrepreneurship
Business and industry
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Frequently Asked Questions
What is VIRGINIA COMMUNITY CAPITAL INC’s budget?
In 2024, VIRGINIA COMMUNITY CAPITAL INC reported an annual operating budget of around $9.6 million. More detailed financial information is available to registered users.
What causes does VIRGINIA COMMUNITY CAPITAL INC support?
VIRGINIA COMMUNITY CAPITAL INC supports work in Entrepreneurship and Business and industry.
Where does VIRGINIA COMMUNITY CAPITAL INC operate?
VIRGINIA COMMUNITY CAPITAL INC is headquartered in Christiansburg, VA.
Who funded VIRGINIA COMMUNITY CAPITAL INC recently?
In 2024, VIRGINIA COMMUNITY CAPITAL INC received grants from THE CALIFORNIA ENDOWMENT, THE COMMUNITY FOUNDATION INC, and THE ROBERT WOOD JOHNSON FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant VIRGINIA COMMUNITY CAPITAL INC received in 2024?
The largest grant to VIRGINIA COMMUNITY CAPITAL INC in 2024 exceeds $205 thousand.
What is VIRGINIA COMMUNITY CAPITAL INC’s reliance on government grants?
VIRGINIA COMMUNITY CAPITAL INC relied on government grants for more than 40% of their total revenue in 2024.