VCDC Revenue

Investment Management • Richmond, Virginia, United States • 51-100 Employees

VCDC revenue & valuation

Annual revenue	$7,785,505
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Investment Management industry and current estimated revenues	$25,000,000
Total funding	$894,900

Key Contact at VCDC

Chris Sterling

President & Chief Executive Officer

Mobile @vacdc.org

Company overview

Headquarters	1840 W Broad St, Richmond, VA 23220, US
Phone number	+18043431200
Website	vibrantcommunities.us
NAICS	5231
SIC	581
Keywords	Community Development, Affordable Housing, Low Income Housing Tax Credits, New Markets Tax Credits, Historic Tax Credits
Founded	1989
Employees	51-100
Socials

VCDC Email Formats

VCDC uses 3 email formats. The most common is {first initial}{last name} (e.g., jdoe@vacdc.org), used 61.1% of the time.

Format	Example	Percentage
{first initial}{last name}	jdoe@vacdc.org	66.7%
{first name}{last name}	johndoe@vacdc.org	33.3%

About VCDC

As a Virginia-based, 501(c)(3) nonprofit corporation, VCDC is able to bring statewide resources to local community housing needs, play a leadership role in the development of statewide housing policy, and provide expertise required for the development of affordable housing and access to Low-Income Housing Tax Credits (LIHTC), Historic Rehabilitation Tax Credits and New Markets Tax Credits. VCDC is Virginia’s largest nonprofit investor in LIHTC properties. Special services include early training and technical support to help “grow” community-based affordable housing developers. All projects funded by VCDC have financial strength based on adequate capital reserves for each project, as well as at the fund level, and within the parent corporation. Reserves are set aside to assist properties and project sponsors and to safeguard fund investments. To date, VCDC has raised over $450 Million in capital which has been invested in a portfolio of 21 funds comprised of 178 projects of approximately 6,800 housing units.

Employees by Management Level

Total employees: 51-100

Seniority

Employees

Entry

Manager

Director

Employees by Department

VCDC has 31 employees across 12 departments.

Departments

Number of employees

Funding Data

Explore VCDC's funding history, including investment rounds, total capital raised, and key backers.

Funding Date	Round	Amount	Link to Article
2023-05-10	9	$894,900

Funding Insights

$894,900

Total funding amount

$894,900

Most recent funding amount

Number of funding rounds

VCDC Tech Stack

Discover the technologies and tools that power VCDC's digital infrastructure, from frameworks to analytics platforms.

Modernizr

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reCAPTCHA

Security

Microsoft 365

Cloudflare

CDN

jQuery

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Stimulus

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HSTS

Security

Emotion

Development

Squarespace Commerce

Ecommerce

GoDaddy

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core-js

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cdnjs

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Frequently asked questions

VCDC is located in Richmond, Virginia, US.

You can reach VCDC at +18043431200.

VCDC generates an estimated annual revenue of $7,785,505. This revenue figure reflects the company's market position and business performance in its industry.

VCDC has an estimated valuation of $25,000,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

VCDC was founded in 1989, making it 37 years old. The company has established itself as a significant player in its industry over this time.

VCDC has approximately 51-100 employees. The company continues to grow its workforce to support its business operations and expansion.

VCDC has raised a total of $894,900 across 1 funding rounds. This investment has helped the company grow and expand its operations.

Key Contact at VCDC

Chris Sterling

President & Chief Executive Officer

Mobile @vacdc.org

4.8

40,000 users