Southside Community Development and Housing Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Southside Community Development and Housing Corporation is a nonprofit, tax-exempt organization established in March 1988. SCDHC's mission is to use a holistic approach to create viable, thriving, and sustainable communities. Our purpose is to provide quality residential and commercial development, supportive resources, services and programs throughout the Central Virginia region.
- Income
- $7.5 million
- Spending
- $5.9 million
- Spent on programs
- 91%
- Reserves
- 2.3 months of spending
- Largest source of income
- other income, 42%
- Employees
- 19
- Highest pay
- $163,000, president & ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 65 out of 100. Higher than 52% of charities in its peer group (housing, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 2.3 months of spending.
Debt
10 of 20It owes 50% of what it owns.
Living within its means
15 of 15Income exceeded spending by 21% of income.
Income trend
15 of 15Income rose 16% on the year before.
Spending floor
15 of 1591% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 72 out of 100. Higher than 23% of charities in its peer group (housing, $1m to $10m).
Independent board
25 of 2513 of 14 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
7 of 7Has a 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.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 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)
- $5.4 million spent. Provided 1,371 clients home ownership education, pre and post purchase housing counseling, credit counseling, rental, and foreclosure prevention counseling. Provided 34 homebuyers down payment and closing cost assistance. Completed new construction of 9 single family homes for low and moderate-income first-time homebuyers in Emporia and Richmond, Virginia The Financial Opportunity Center provided Employment, Financial Literacy, Income support and Digital services to 259 clients.Launched the Eviction Diversion Program to assist residents with household income below or at 80% AMI and living in the City of Richmond to avoid eviction.Continued construction on a new mult-family apartment building containing 12 one-bedroom units to be leased to incomes under 60% AMI in Petersburg, VA.Provided 1,371 clients home ownership education, pre and post purchase housing counseling, credit counseling, rental, and foreclosure prevention counseling.Provided 34 homebuyers down payment and closing cost assistance. Completed new construction of 9 single family homes for low and moderate-income first-time homebuyers in Emporia and Richmond, Virginia The Financial Opportunity Center provided Employment, Financial Literacy, Income support and Digital services to 259 clients.Launched the Eviction Diversion Program to assist residents with household income below or at 80% AMI and living in the City of Richmond to avoid eviction.Continued construction on a new mult-family apartment building containing 12 one-bedroom units to be leased to incomes under 60% AMI in Petersburg, VA.
Source: Form 990 for the year ending June 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 November 6, 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 June 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 June 1989.
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 November 4, 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.