Chip Of Virginia
- Assets
- $0.0
- Revenue
- $326.5k
- Investments
- $0.0
- Employees
- 9
- Location
- Richmond, VA
- Founding
- Data as of
- 08/2017
- EIN
- 54-1683042
Organization Overview
Chip Of Virginia is located in Richmond, VA. As of 08/2017, Chip Of Virginia employed 9 individuals. Chip Of Virginia 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 08/2017, Chip Of Virginia generated $326.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (51.3%) each year. All expenses for the organization totaled $205.8k during the year ending 08/2017. As we would expect to see with falling revenues, expenses have declined by (58.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
CHIP OF VIRGINIA ADMINISTERS AND MONITORS A NETWORK OF 7 AGENCIES IN 27 VIRGINIA LOCALITIES WHO WORK WITH LOW-INCOME FAMILIES TO ASSURE THAT CHILDREN FROM BIRTH TO AGE 6 RECEIVE THE HEALTH CARE NECESSARY FOR THEM TO LEAD HEALTHY LIVES, ENTER SCHOOL READY TO LEARN, AND GET THE BEST POSSIBLE START ON A BRIGHT FUTURE. CHIP OF VIRGINIA PROVIDES TRAINING AND TECHNICAL ASSISTANCE, EVALUATION, QUALITY ASSURANCE, PUBLIC RELATIONS AND RESOURCE DEVELOPMENT TO FULFILL OUR LEGISLATIVE MANDATE TO DEVELOP, EXPAND AND OPERATE THE CHIP NETWORK OF PUBLIC-PRIVATE PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHIP OF VIRGINIA PROVIDES HEALTHCARE FOR AT-RISK CHILDREN FROM BIRTH TO AGE SIX THROUGH A RELATIONSHIP WITH OTHER HEALTHCARE AGENCIES IN THE STATE OF VA, BY MEANS OF HEALTHCARE CASE MANAGEMENT AND HOME VISITS.
CHIP OF VIRGINIA PROVIDES TRAINING, TECHNICAL ASSISTANCE AND EVALUATION SERVICES TO IT'S RELATED AGENCIES AND PROMOTES CHILD HEALTH IN VIRGINIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Weir Board Member | Trustee | 1 | $0 |
Dave Levin Board Member | Trustee | 1 | $0 |
Elizabeth Whalley Buono Chair | Trustee | 1 | $0 |
Jim Seevers Vice Chair | Trustee | 1 | $0 |
Amy Strite Board Member | Trustee | 1 | $0 |
Karin Addison Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $296,615 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,881 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $326,496 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $326,496 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $36,076 |
| Compensation of current officers, directors, key employees. | $5,308 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,176 |
| Pension plan accruals and contributions | $4,677 |
| Other employee benefits | $4,020 |
| Payroll taxes | $8,974 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $16,380 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,074 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,983 |
| Travel | $4,590 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,063 |
| All other expenses | $548 |
| Total functional expenses | $205,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Chip Of Virginia has awarded $2,733,123 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
JEFFERSON AREA CHIP PURPOSE: Payments for case management services for low-income, at risk children and pregnant women | $431,951 |
CHESAPEAKE HEALTH INVESTMENT PROGRAM PURPOSE: Payments for case management services for low-income, at risk children and pregnant women | $488,269 |
NEW RIVER COMMUNITY ACTION AGENCY PURPOSE: Payments for case management services for low-income, at risk children and pregnant women | $412,342 |
CHILDREN'S HEALTH INVOLVING PARENTS PURPOSE: Payments for case management services for low-income, at risk children and pregnant women | $460,723 |
CHILD HEALTH INVESTMENT PARTNERSHIP PURPOSE: Payments for case management services for low-income, at risk children and pregnant women | $457,672 |
PEOPLE INC OF SOUTHWEST VA PURPOSE: Payments for case management services for low-income, at risk children and pregnant women | $379,923 |