VIRGINIA COMMUNITY CAPITAL INC
AI Summary
VIRGINIA COMMUNITY CAPITAL INC is a Virginia-based nonprofit focused on business and industry and entrepreneurship, providing innovative loan capital and flexible financial products to support housing and community development projects in low- to moderate-income communities and underserved markets. In filing year 2024, it reported an operating budget of $9.6M and total revenue of $10.8M, with major funding from THE COMMUNITY FOUNDATION INC, COOPERATIVE ASSISTANCE FUND INC, and THE WINSTON-SALEM FOUNDATION.
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
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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
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- 18 funders
- 91 board & team members
- 12 historic 990s & financials
- 6-year operating budget trend
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 2025, VIRGINIA COMMUNITY CAPITAL INC received grants from WEINGART FOUNDATION, THE CALIFORNIA ENDOWMENT, and THE COMMUNITY FOUNDATION INC. 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.