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Venice Community Housing Corporation

Venice, CA · EIN 95-4200761 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Venice Community Housing Corporation reported $39.9 million in revenue and $16.8 million in expenses for calendar year 2024. Of every $100 it spent, $91.36 went to program services, $5.43 to management and general costs and $3.21 to fundraising. Its largest source of revenue was contributions and grants: 94.3% of the total. Government grants made up 79.4%. The highest compensation it reported for one person was $159,220 (CO-EXECUTIVE DIRECTOR). 7 people received more than $100,000 in reportable compensation. Revenue rose 759% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $17M

For 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 $40M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 933 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
91.4%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
5.4%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
3.2%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
94.3%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
79.4%1.0%
Program service revenue share
Part VIII 2g ÷ 12
5.3%66.2%
Highest reported compensation
Part VII-A, columns D–F
$159,220$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.95%1.57%
People paid over $100,000
Part VII, line 2
75
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
26.110.0
Independent voting board members
Part VI 1a–1b
10 of 10100.0%

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 expense
$10M expenses · 67.3% of program spending · revenue $2.2M

Affordable housing:vchc currently owns 346 units of affordable and supportive housing in 19 properties, of which 66 units are held directly by vchc, and operates an additional 28 units of short-term housing for families and transition aged youth experiencing homelessness. Vchc provides the property management and maintenance services for all properties, and works to preserve and expand housing opportunities through new construction and rehabilitation opportunities

$3.9M expenses · 25.2% of program spending

Resident services:vchc provides trauma-informed resources and supports that tenants and program participants need to secure and maintain housing, improve health, enhance education, and thrive in their communities. Services and resources include one-on-one case management and counseling, health and mental health supports, food and transportationassistance, and many more

$1.2M expenses · 7.5% of program spending

Youth development programs:vchc provides comprehensive educational, job training and leadership development opportunities for youth ages 18 - 24, including an on-site high school. Vchc's study lounge program provides academic-focused after school activities including tutoring, mentoring, and recreation for children ages 6-12

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CO-EXECUTIVE DIRECTOR
Officer, 40.00 hrs/week
$155,401$0$3,819$159,220
FORMER CO-EXECUTIVE DIRECTOR
Officer, 40.00 hrs/week
$132,033$0$17,520$149,553
CO-EXECUTIVE DIRECTOR
Officer, 40.00 hrs/week
$139,710$0$6,500$146,210
SR. DIRECTOR OF PROPERTY MANAGEMENT
Highest compensated employee, 40.00 hrs/week
$141,311$0$3,981$145,292
DIRECTOR OF FINANCE
Highest compensated employee, 40.00 hrs/week
$124,379$0$5,200$129,579
OPERATIONS DIRECTOR
Highest compensated employee, 40.00 hrs/week
$116,269$0$7,154$123,423
DIRECTOR OF RESIDENT SERVICES
Highest compensated employee, 40.00 hrs/week
$118,166$0$1,192$119,358

7 people received more than $100,000 in reportable compensation from Venice Community Housing Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $455K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$40M$17M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$40M$17M91.4%$37M$159,220
2023 ⓘ$17M$13M90.3%$14M$154,501
2022 ⓘ$8.4M$8.4M90.0%$10M$153,212
2021 ⓘ$9.1M$5.1M79.9%$7.4M$150,328
2020 ⓘ$5.9M$5.1M78.6%$3.5M$121,526
2019 ⓘ$4.7M$4.8M79.3%$2.7M$101,445

Governance 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–1b10 · 10 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 4Yes
  • 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 576
  • Volunteers Part I, line 625

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
DREYFUSS CONSTRUCTION
General contracting and construction man
$4,692,889
ICON NATIONAL
General contracting and construction man
$2,121,844
MID CONSTRUCTION GROUP INC
General contracting and construction man
$692,691
THE ARCHITECTS COLLECTIVE
Multi-unit housing project design
$378,019
MARMS CONSTRUCTION COMPANY INC
General contracting and construction man
$336,306

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

5 private foundations reported grants to Venice Community Housing Corporation totaling $17,720 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 Venice Community Housing Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Venice Community Housing Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All housing & shelter charities · Largest charities in California

Questions people ask

How much of Venice Community Housing Corporation's spending goes to programs?

In calendar year 2024, Venice Community Housing Corporation reported that 91.4% of its $16.8 million in expenses went to program services, 5.4% to management and general and 3.2% to fundraising (Form 990, Part IX).

How much does Venice Community Housing Corporation pay its top executive?

The largest total compensation Venice Community Housing Corporation reported for one person in calendar year 2024 was $159,220, for the role of CO-EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Venice Community Housing Corporation get its money?

Of $39.9 million in revenue in calendar year 2024, 94.3% came from contributions and grants (including 79.4% from government grants) and 5.3% from program service revenue (Form 990, Part VIII).

Is Venice Community Housing Corporation a registered charity?

The IRS lists EIN 95-4200761 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 202533149349303598 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202423189349309247 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303189349309775 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202212929349301246 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103169349304840 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043159349305669 · read the filing

All filings for EIN 95-4200761: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.