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VIRGINIA COMMUNITY DEVELOPMENT CORP
VIRGINIA COMMUNITY DEVELOPMENT CORP
VA · Housing · EIN 541533426
11
Executives Disclosed
$2.5M
Annual Revenue
$7.9M
Total Assets
1.5:1
Internal Pay Ratio
VIRGINIA COMMUNITY DEVELOPMENT CORP has 11 executives with disclosed compensation. The highest-paid executive, Robert L Newman (President & CEO), received peak total compensation of $284,972. The sector average for Housing executives is $229K.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Robert L Newman | President & CEO | $285K | $263K | 2016–2024 | 3.8x |
| Chris Sterling | Vice President and COO | $214K | $214K | 2016–2024 | 2.9x |
| Jeff Meyer | Director of Project Development | $187K | $157K | 2016–2024 | 2.5x |
| Russ Parrish | Treasurer/Chief Financial Officer | $185K | $189K | 2021–2024 | 2.5x |
| Bernard Rogers | Director of Equity Funds & Investor Relations | $177K | $177K | 2023–2024 | 2.4x |
| Gary Schwam | Former CFO | $165K | $165K | 2016–2018 | 2.2x |
| Steve Bleile | Director of Project Development | $160K | $160K | 2023–2024 | 2.1x |
| Steve Beile | Director of Project Development | $149K | $0 | 2021–2022 | 2x |
| Joseph Jones | Director of Equity Funds | $142K | $0 | 2016–2016 | 1.9x |
| Arild Trent | Secretary | $140K | $0 | 2016–2020 | 1.9x |
| Cindy Williams | Treasurer/Chief Financial Officer | $139K | $0 | 2019–2020 | 1.9x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 6 | $171K | $194K | $514K |
| 2017 | 5 | $176K | $225K | $528K |
| 2018 | 5 | $191K | $223K | $764K |
| 2019 | 5 | $170K | $190K | $340K |
| 2020 | 5 | $186K | $214K | $373K |
| 2021 | 5 | $197K | $219K | $394K |
| 2022 | 5 | $202K | $243K | $605K |
| 2023 | 6 | $201K | $285K | $1.0M |
| 2024 | 6 | $193K | $263K | $1.2M |
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