Wesley Housing Development Corporation of Northern Virginia
Wesley Housing Development Corporation of Northern Virginia reported $13.4 million in revenue and $13.7 million in expenses for calendar year 2024. Of every $100 it spent, $92.15 went to program services, $6.82 to management and general costs and $1.03 to fundraising. Its largest source of revenue was contributions and grants: 43.8% of the total. Government grants made up 33.6%. The highest compensation it reported for one person was $298,768 (PRESIDENT, CEO). 9 people received more than $100,000 in reportable compensation. Revenue rose 27% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $14MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $13MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.2% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.8% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 43.8% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 33.6% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 40.6% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $298,768 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.18% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 9 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 22.4 | 10.0 |
| Independent voting board members Part VI 1a–1b | 12 of 13 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseThrough ownership and management in affordable housing projects, the corporation provided affordable housing to low income individuals, seniors, and persons with disabilities. The corporation also provided tenant services to these individuals. The corporation currently owns, invests in and operates approximately 2,300 affordable units in northern virginia and washington, d.c., with another 70 units under development and another 450 units in pre-development
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT, CEO Director/trustee, officer, 40.00 hrs/week | $270,674 | $0 | $28,094 | $298,768 |
| CFO Officer, 40.00 hrs/week | $209,160 | $0 | $18,495 | $227,655 |
| COO, DIRECTOR OF EXTERNAL Key employee, 40.00 hrs/week | $188,785 | $0 | $17,712 | $206,497 |
| VP OF REAL ESTATE Key employee, 40.00 hrs/week | $195,325 | $0 | $8,796 | $204,121 |
| VP, ASSET MANAGEMENT Key employee, 40.00 hrs/week | $164,571 | $0 | $25,817 | $190,388 |
| PRESIDENT, PROPERTY MANAGE Key employee, 40.00 hrs/week | $163,221 | $0 | $20,394 | $183,615 |
| VP, PROPERTY MANAGEMENT Highest compensated employee, 40.00 hrs/week | $141,812 | $0 | $15,505 | $157,317 |
| VP, HUMAN RESOURCES Highest compensated employee, 40.00 hrs/week | $136,692 | $0 | $15,375 | $152,067 |
9 people received more than $100,000 in reportable compensation from Wesley Housing Development Corporation of Northern Virginia (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.3M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b13 · 12 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5131
- Volunteers Part I, line 620
Private foundation grants it received
9 private foundations reported grants to Wesley Housing Development Corporation of Northern Virginia totaling $330K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Wesley Housing Development Corporation of Northern Virginia's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Wesley Housing Development Corporation of Northern Virginia, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Wesley Housing Development Corporation of Northern Virginia spent in 2024, $92.15 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Alameda Affordable Housing CorporationAlameda, CA · revenue $13M · programs 57.1% · FY2025
- Avesta Housing Development CorporationPortland, ME · revenue $13M · programs 100.0% · 2024
- Fort Worth Area Habitat for HumanityFort Worth, TX · revenue $13M · programs 80.5% · 2025
- Fresno Rescue MissionFresno, CA · revenue $13M · programs 70.4% · FY2025
- Indian River County Habitat for HumanityVero Beach, FL · revenue $13M · programs 94.0% · FY2025
All housing & shelter charities · Largest charities in Virginia
Questions people ask
How much of Wesley Housing Development Corporation of Northern Virginia's spending goes to programs?
In calendar year 2024, Wesley Housing Development Corporation of Northern Virginia reported that 92.2% of its $13.7 million in expenses went to program services, 6.8% to management and general and 1.0% to fundraising (Form 990, Part IX).
How much does Wesley Housing Development Corporation of Northern Virginia pay its top executive?
The largest total compensation Wesley Housing Development Corporation of Northern Virginia reported for one person in calendar year 2024 was $298,768, for the role of PRESIDENT, CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Wesley Housing Development Corporation of Northern Virginia get its money?
Of $13.4 million in revenue in calendar year 2024, 43.8% came from contributions and grants (including 33.6% from government grants) and 40.6% from program service revenue (Form 990, Part VIII).
Is Wesley Housing Development Corporation of Northern Virginia a registered charity?
The IRS lists EIN 51-0155779 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513219349312411 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443189349304584 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303199349323605 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233139349304458 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113169349308261 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013169349301431 · read the filing
All filings for EIN 51-0155779: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.