Virginia Peninsula Chamber Foundation Inc is located in Newport News, VA. The organization was established in 1992. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Peninsula Chamber Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Virginia Peninsula Chamber Foundation Inc generated $133.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $13.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO RECEIVE AND ACCEPT,IN THE NAME OF THE FOUNDATION, DONATIONS, CONTRIBUTIONS,GIFTS,BEQUESTS,AND DEVISES OF MONIES,PROPERTIES,AND OTHER FUNDS(CONTINUED ON SCHEDULE O)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bob Mckenna Ceosecretary | 0.5 | $0 | |
Crystal Bright Member | 0.5 | $0 | |
Tom Cosgrove Chair | 0.5 | $0 | |
Stephanie Kalantarians Member | 0.5 | $0 | |
Brad Williamsburg Member | 2 | $0 | |
Eric Floyd Chair Elect | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $133,845 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $133,845 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $13,327 |
Total expenses | $13,327 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $148,147 |
Total liabilities | $27,629 |
Net assets or fund balances | $120,518 |