1. Directory
  2. Ohio
  3. Cleveland
  4. Village Capital Corporation
EIN 34-1704488

Village Capital Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Cleveland
State
Ohio
Year formed
1992
Most recent tax filings
2023-06-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Village Capital Corporation invests in the revitalization of Northeast Ohio's underserved communities through commercial lending and the development of minority contractors. VCC builds and strengthens these neighborhoods by providing capital to strategic real estate development projects that serve as a catalyst for revitalization. Their loans are deployed to projects that... and they are located in Cleveland, OH.
Total revenues
$1,484,314
2023
Total expenses
$1,101,536
2023
Total assets
$24,649,319
2023
Num. employees
0
2023

Program areas at Village Capital Corporation

Village Capital Corporation (vcc) builds and strengthens underserved neighborhood in northeast Ohio by providing Capital to strategic real estate development projects that serve as a catalyst for revitalization. Our loans Capital is deployed to projects that: eliminate blight, provide quality housing and commercial assets, create jobs, foster economic diversity and inclusion, and promote positive social outcomes for residents.

Grants made by Village Capital Corporation

GranteeGrant descriptionAmount
Dna RisingUs Bank Black Women's Business Accelerator$10,000

Who funds Village Capital Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Dollar Bank FoundationCommunity Development$25,000
The Rockefeller FoundationFor General Support of Its Mission$25,000
Global Philanthropy Partnership (GPP)Gi Exchange$13,750

Personnel at Village Capital Corporation

NameTitleCompensation
Tania MenessePresident and Chief Executive Officer$0
Jeff VerespejChief Operating Officer
Melodie SandersSenior Vice President of Finance$0
Edward StockhausenSenior Vice President of Advocacy and External Relations
Kc PetraitisVice President of Real Estate
...and 22 more key personnel

Financials for Village Capital Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$920,000
Program services$522,351
Investment income and dividends$41,963
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,484,314

Form 990s for Village Capital Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-03990View PDF
2022-062023-05-15990View PDF
2021-062022-05-13990View PDF
2020-062021-05-18990View PDF
2019-062021-05-11990View PDF
...and 10 more Form 990s

Organizations like Village Capital Corporation

OrganizationLocationRevenue
Landmarks Community Capital CorporationPittsburgh, PA$2,614,691
Community Development Financial Institution - Tohono O'odham NationSells, AZ$755,697
I2eOklahoma City, OK$6,662,200
Midwest Minnesota Community Development CorporationDetroit Lakes, MN$6,318,095
Mountain AssociationBerea, KY$6,043,653
Redec Relending CorporationPainted Post, NY$400,791
Community Capital AdvisorsPhiladelphia, PA$721,900
Boc Capital CorporationBrooklyn, NY$5,105,426
Cooperative Fund of the NortheastWatertown, MA$4,768,332
Legacy Redevelopment CorporationMilwaukee, WI$1,699,010
Data update history
August 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 23, 2024
Updated personnel
Identified 1 new personnel
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $13,750 from Global Philanthropy Partnership (GPP)
April 19, 2024
Used new vendors
Identified 1 new vendor, including
January 3, 2024
Received grants
Identified 1 new grant, including a grant for $25,000 from The Rockefeller Foundation
Nonprofit Types
Business and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
11327 Shaker Blvd Suite 500w
Cleveland, OH 44104
Metro area
Cleveland-Elyria, OH
County
Cuyahoga County, OH
Website URL
clevelandnp.org/vcc/ 
Phone
(216) 830-2770
IRS details
EIN
34-1704488
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Central organization
Free account sign-up

Want updates when Village Capital Corporation has new information, or want to find more organizations like Village Capital Corporation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy