Skip to main content

Nonprofit · EIN 31-1788400

VIRGINIA AFFORDABLE HOUSING LOAN FUND

Tax-exempt · CHARLOTTESVLE, VA 22903

Financials

$32K$10K2023$101K$39K2024
Revenue Expenses · by fiscal year end
Financials of VIRGINIA AFFORDABLE HOUSING LOAN FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$101,192$38,930$62,262$738,584$637,349$101,235
December 31, 2023990-EZ$31,853$10,264$21,589$404,314$362,740$41,574
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$80,225
Program service revenue
$1,692
Investment income
$19,275
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,935
Program services (functional)
$20,953
Management and general (functional)
$17,977

Balance sheet and other

Total assets, start of year
$404,314
Total assets, end of year
$738,584
Total liabilities, end of year
$637,349
Net assets, end of year
$101,235
Net assets without donor restrictions
$101,235
Gross receipts
$101,192
Employees
0
Volunteers
0
Year formed
2006
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Donald L RitenourChairperson
Trustee or director, Officer
1$0
Bob AdamsDirector
Trustee or director
1$0
Tim AkersDirector
Trustee or director
1$0
Charlie FrankfortDirector
Trustee or director
1$0
Linda MeltonDirector
Trustee or director
1$0
Esi OkesanyaDirector
Trustee or director
1$0
Earline PowellDirector
Trustee or director
1$0
Michele WatsonDirector
Trustee or director
1$0
Jason TickleDirector
Trustee or director
1$0
Russell DoveDirector
Trustee or director
1$0
Jayne JohnsonDirector
Trustee or director
1$0
990-EZ for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
DONALD RITENOURPRESIDENT4$0
BOB ADAMSDIRECTOR2$0
TIM AKERSDIRECTOR2$0
CHARLIE FRANKFORTDIRECTOR2$0
LINDA MELTONDIRECTOR2$0
ESI OKESANYADIRECTOR2$0
EARLENE POWELLDIRECTOR2$0
MICHELLE WATSONDIRECTOR2$0

Address and contacts

Address (IRS master file)
1710 GORDON AVE, CHARLOTTESVLE, VA 22903-1920
In care of
% LAURA DUPUY
Principal officer (990 for 2024)
DONALD RITENOUR, 1710 Gordon Ave, CHARLOTTESVILLE, VA 22905
Signed the 990
DONALD RITENOUR, PRESIDENT
Phone
(757) 869-7311
Return prepared by
DOOLEY & VICARS CERTIFIED PUBLIC

Mission

Housing loans to lower income persons

990 for the year ended December 31, 2024

Program accomplishments

  • To market and find qualified borrowers for the loan fund which is designed to increase affirdabilty and access to credit for lower income persons.
    Expenses $20,953 · revenue $81,917

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
31-1788400
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$738,584
Income (IRS master file)
$101,192

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$101,192$38,930$738,584XML
990-EZDecember 2023$31,853$10,264$404,314XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1788400).

Questions about VIRGINIA AFFORDABLE HOUSING LOAN FUND

What is the EIN of VIRGINIA AFFORDABLE HOUSING LOAN FUND?
The employer identification number (EIN) of VIRGINIA AFFORDABLE HOUSING LOAN FUND is 31-1788400.
Is VIRGINIA AFFORDABLE HOUSING LOAN FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to VIRGINIA AFFORDABLE HOUSING LOAN FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VIRGINIA AFFORDABLE HOUSING LOAN FUND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VIRGINIA AFFORDABLE HOUSING LOAN FUND due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VIRGINIA AFFORDABLE HOUSING LOAN FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of VIRGINIA AFFORDABLE HOUSING LOAN FUND?
The 990 for the year ended December 31, 2024 names DONALD RITENOUR.
Who are the officers and directors of VIRGINIA AFFORDABLE HOUSING LOAN FUND?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does VIRGINIA AFFORDABLE HOUSING LOAN FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $101,192, expenses of $38,930 and total assets of $738,584 at year end.

Other nonprofits in CHARLOTTESVLE

All nonprofits in CHARLOTTESVLE · Virginia · Community improvement and capacity building