Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 87-3807038

ROCHDALE CAPITAL CORPORATION INC

Tax-exempt · ARLINGTON, VA 22202

Financials

$1.9M$1.1M2023$2.1M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of ROCHDALE CAPITAL CORPORATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,065,451$1,884,728$180,723$7,326,732$653,865$6,672,867
December 31, 2023990$1,871,230$1,127,610$743,620$6,857,235$365,091$6,492,144
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,816,320
of which government grants
$300,000
Program service revenue
$0
Investment income
$208,562
Other revenue
$40,569

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$372,286
Other salaries and wages
$254,984
Salaries, compensation and benefits (total)
$717,357
Professional fundraising fees
$0
Legal fees
$7,738
Accounting fees
$108,661
Occupancy
$10,799
Travel
$37,514
Depreciation
$1,546
Program services (functional)
$1,558,521
Management and general (functional)
$282,413
Fundraising (functional)
$43,794

Balance sheet and other

Total assets, start of year
$6,857,235
Total assets, end of year
$7,326,732
Total liabilities, end of year
$653,865
Net assets, end of year
$6,672,867
Land, buildings and equipment
$794
Net assets without donor restrictions
$6,372,867
Net assets with donor restrictions
$300,000
Gross receipts
$2,065,451
Employees
5
Volunteers
0
Year formed
2021
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
JOHN HOLDSCLAW IVPRESIDENT & CEO
Officer
25$190,986
KLADE HARECHIEF LENDING OFFICER
Officer
40$181,299
ANDREA LEVEREBOARD CHAIR
Trustee or director, Officer
1.5$0
SHANNAN HERBERTBOARD VICE CHAIR
Trustee or director, Officer
1.2$0
VALERIA ROACHBOARD TREASURER
Trustee or director, Officer
1.2$0
CHELSEA CRUZDIRECTOR
Trustee or director
1$0
PAUL HAZENDIRECTOR
Trustee or director
1$0
DION SMITHDIRECTOR
Trustee or director
1$0
STACY PATRICKDIRECTOR
Trustee or director
1$0
CHANTAL HARTMANAGER- OPERATIONS & COMP
Officer
40$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
JOHN HOLDSCLAW IVPRESIDENT & CEO
Officer
40$178,957
KLADE HARECHIEF LENDING OFFICER
Officer
40$165,447
ANDREA LEVEREBOARD CHAIR
Trustee or director, Officer
1.5$0
SHANNAN HERBERTBOARD VICE CHAIR
Trustee or director, Officer
1.2$0
VALERIA ROACHBOARD TREASURER
Trustee or director, Officer
1.2$0
CHELSEA CRUZDIRECTOR
Trustee or director
1$0
PAUL HAZENDIRECTOR
Trustee or director
1$0
DION SMITHDIRECTOR
Trustee or director
1$0
STACY PATRICKDIRECTOR
Trustee or director
1$0
CHANTAL HARTMANAGER- OPERATIONS & COMP
Officer
40$0

Address and contacts

Address (IRS master file)
2011 CRYSTAL DR STE 800, ARLINGTON, VA 22202-3734
In care of
% ELAINE CARRINGTON
Principal officer (990 for 2024)
JOHN HOLDSCLAW IV, 2011 CRYSTAL DRIVE SUITE 800, ARLINGTON, VA 22202
Signed the 990
JOHN HOLDSCLAW IV, PRESIDENT & CEO
Phone
(202) 571-5148
Return prepared by
MITCHELL & TITUS LLP

Mission

ROCHDALE CAPITAL IS A COMMUNITY DEVELOPMENT LOAN FUND WHOSE MISSION IS TO PROMOTE COOPERATIVE AND COMMUNITY OWNERSHIP; ASSET BUILDING IN LOW WEALTH COMMUNITIES; AND BROADEN ACCESS TO CAPITAL BY OFFERING FLEXIBLE, AFFORDABLE FINANCING. WE BELIEVE THAT OWNERSHIP IS THE FOUNDATION TO VIBRANT COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • AS A NONPROFIT LOAN FUND, WE PROVIDE EQUITABLE ACCESS TO CAPITAL TO FUND COOPERATIVE ENTERPRISES, COMMUNITY FACILITIES, RENEWABLE ENERGY, COMMERCIAL SPACES, SMALL BUSINESSES AND AFFORDABLE HOUSING. THIS PROVIDES OWNERSHIP OPPORTUNITIES FOR ENTREPRENEURS, COOPERATIVES, COMMUNITY-BASED ORGANIZATIONS AND POTENTIAL HOMEOWNERS. OUR TARGET MARKET INCLUDES COMMUNITIES THAT ARE UNBANKED, UNDERBANKED AND UNDER RESOURCED; THOSE WHO HAVE BEEN TRADITIONALLY LEFT OUT OF INVESTMENT OPPORTUNITIES.
    Expenses $1,558,521 · revenue $249,131

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 on file

IRS record

EIN
87-3807038
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$7,326,732
Income (IRS master file)
$2,065,451

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,065,451$1,884,728$7,326,732XML
990December 2023$1,871,230$1,127,610$6,857,235XML
990December 2022$1,537,775$789,306$5,820,631IRS
990December 2021$5,000,055$0$5,000,055IRS

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 87-3807038).

Questions about ROCHDALE CAPITAL CORPORATION INC

What is the EIN of ROCHDALE CAPITAL CORPORATION INC?
The employer identification number (EIN) of ROCHDALE CAPITAL CORPORATION INC is 87-3807038.
Is ROCHDALE CAPITAL CORPORATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to ROCHDALE CAPITAL CORPORATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ROCHDALE CAPITAL CORPORATION INC 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 ROCHDALE CAPITAL CORPORATION INC 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 ROCHDALE CAPITAL CORPORATION INC 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 ROCHDALE CAPITAL CORPORATION INC?
The 990 for the year ended December 31, 2024 names JOHN HOLDSCLAW IV.
Who are the officers and directors of ROCHDALE CAPITAL CORPORATION INC?
The 990 for the year ended December 31, 2024 lists 10 people; 2 received compensation from the organization, the highest $190,986 (JOHN HOLDSCLAW IV, PRESIDENT & CEO).
How much revenue does ROCHDALE CAPITAL CORPORATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,065,451, expenses of $1,884,728 and total assets of $7,326,732 at year end.

Other nonprofits in ARLINGTON

All nonprofits in ARLINGTON · Virginia · Human services