Virginia Episcopal Real Estate Partners Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
VEREP EMPOWERS CONGREGATIONS TO DISCERN, DEVELOP, AND STEWARD MISSION- DRIVEN USES OF THEIR REAL ESTATE. THROUGH COACHING, TECHNICAL GUIDANCE, AND ACCESS TO FUNDING, WE HELP CHURCHES TRANSFORM UNDERUSED BUILDINGS AND LAND INTO VIBRANT COMMUNITY HUBS FOR: HOUSING, HEALTHCARE, SUPPORTIVE SERVICES, CHILDCARE AND EDUCATION, FOOD SECURITY AND COMMUNITY PROGRAMS AND MORE. WE ENVISION A DIOCESE WHERE EVERY PARISH BOLDLY REIMAGINES ITS PROPERTY AS A RESOURCE FOR GODS MISSION - SERVING NEIGHBORS, STRENGTHENING DISCIPLESHIP, AND RENEWING COMMUNITIES ACROSS VIRGINIA.
- Income
- $195,354
- Spending
- $155,611
- Spent on programs
- 89%
- Reserves
- 72.6 months of spending
- Largest source of income
- donations and private grants, 77%
- Employees
- 0
- Volunteers
- 17
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 87% of charities in its peer group (human services, under $250k).
Reserves
35 of 35Spendable reserves would cover 72.6 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 20% of income.
Income trend
15 of 15Income rose 478% on the year before.
Spending floor
15 of 1589% of spending went to programs and raising each dollar of donations cost 2 cents.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 81 out of 100. Higher than 70% of charities in its peer group (human services, under $250k).
Independent board
25 of 2515 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $138,089 spent. VIRGINIA EPISCOPAL REAL ESTATE PARTNERS MADE GREAT PROGRESS IN 2025 IN ITS EFFORTS TO POSITION ITSELF AS A RESOURCE FOR CONGREGATIONS SEEKING TO REVIEW THE USE OF THEIR PROPERTY FOR MISSIONAL PURPOSES. HIGHLIGHTS INCLUDE: SECURED EXTERNAL FUNDING FROM TRINITY NYC TO STRENGTHEN ITS CORE MISSION AND TO ASSIST INDIVIDUAL CONGREGATIONS. RECEIVED PREPLANNING GRANTS FROM VIRGINIA HOUSING FOR TRINITY CHURCH ARLINGTON AND IGLESIA DE SANTA MARIA FAIRFAX IN ADDITION TO LAST YEARS GRANT TO CHRIST ASCENSION RICHMOND. WITH THE PERMISSION OF THE BISHOP, VEREP HAS EXTENDED ITS ACTIVITIES INTO THE DIOCESE OF SOUTHERN VIRGINIA, WORKING WITH BISHOP SUSAN HAYNES. WENT LIVE WITH A NEW WEB SITE ( WWW.VEREP.ORG) THAT PROVIDES SUBSTANTIAL INFORMATION RESOURCES FOR CHURCHES CONSIDERING HOW BEST TO USE THEIR PROPERTY ASSETS FOR HOUSING, RENTAL, CHILD CARE AND OTHER MISSION REAL ESTATE OPPORTUNITIES. SECURED ADDITIONAL EXPERT RESOURCES THROUGH NEW BOARD MEMBERS AND AN EXPANDED ROSTER OF CONSULTANTS AND STRENGTHENED ITS ADMINISTRATIVE CAPABILITIES AND ON-LINE CAPABILITIES ACTIVELY WORKING WITH OVER TEN INDIVIDUAL PARISHES ON PROJECTS FOR EDUCATION, HOUSING AND OTHER MISSIONS. ADVOCATED FOR GREATER ATTENTION TO AFFORDABLE HOUSING NEEDS AT STATE AND NATIONAL LEVELS. VIRGINIA EPISCOPAL REAL ESTATE PARTNERS MADE GREAT PROGRESS IN 2025 IN ITS EFFORTS TO POSITION ITSELF AS A RESOURCE FOR CONGREGATIONS SEEKING TO REVIEW THE USE OF THEIR PROPERTY FOR MISSIONAL PURPOSES. HIGHLIGHTS INCLUDE: SECURED EXTERNAL FUNDING FROM TRINITY NYC TO STRENGTHEN ITS CORE MISSION AND TO ASSIST INDIVIDUAL CONGREGATIONS. RECEIVED PREPLANNING GRANTS FROM VIRGINIA HOUSING FOR TRINITY CHURCH ARLINGTON AND IGLESIA DE SANTA MARIA FAIRFAX IN ADDITION TO LAST YEARS GRANT TO CHRIST ASCENSION RICHMOND. WITH THE PERMISSION OF THE BISHOP, VEREP HAS EXTENDED ITS ACTIVITIES INTO THE DIOCESE OF SOUTHERN VIRGINIA, WORKING WITH BISHOP SUSAN HAYNES. WENT LIVE WITH A NEW WEB SITE ( WWW.VEREP.ORG) THAT PROVIDES SUBSTANTIAL INFORMATION RESOURCES FOR CHURCHES CONSIDERING HOW BEST TO USE THEIR PROPERTY ASSETS FOR HOUSING, RENTAL, CHILD CARE AND OTHER MISSION REAL ESTATE OPPORTUNITIES. SECURED ADDITIONAL EXPERT RESOURCES THROUGH NEW BOARD MEMBERS AND AN EXPANDED ROSTER OF CONSULTANTS AND STRENGTHENED ITS ADMINISTRATIVE CAPABILITIES AND ON-LINE CAPABILITIES ACTIVELY WORKING WITH OVER TEN INDIVIDUAL PARISHES ON PROJECTS FOR EDUCATION, HOUSING AND OTHER MISSIONS. ADVOCATED FOR GREATER ATTENTION TO AFFORDABLE HOUSING NEEDS AT STATE AND NATIONAL LEVELS.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1984.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.