Civic Intelligence

Virginia Offshore Wind Coalition

990EZ • Fiscal year 2014 • EIN 27-1295014

Jan 01, 2014 to Dec 31, 2014 • Filed on Mar 25, 2015

PO Box 6271Norfolk, VA 23508

(757) 456-5356

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

1st percentile

-661%

Higher net margin than 1% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

3rd percentile

-61%

Faster asset growth than 3% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

1st percentile

-86%

Faster revenue growth than 1% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$34,768

Down $54,530 (-61%) from 2013

Net Assets

Down

$34,768

Down $54,530 (-61%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Down

$8,250

Down $51,750 (-86%) from 2013

Expenses

Down

$62,780

Down $6,590 (-9.5%) from 2013

Net Income

Down

-$54,530

Down $45,160 (-482%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2011: $84,878Net Assets 2011: $84,8782011Assets 2012: $98,668Liabilities 2012: $0Net Assets 2012: $98,6682012Assets 2013: $89,298Liabilities 2013: $0Net Assets 2013: $89,2982013Assets 2014: $34,768Liabilities 2014: $0Net Assets 2014: $34,7682014Assets 2015: $28,363Net Assets 2015: $28,3632015Assets 2016: $34,369Net Assets 2016: $34,3692016Assets 2017: $27,919Net Assets 2017: $27,9192017

Highlighted filing

2014

Assets$34,768
Liabilities$0
Net Assets$34,768

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50K-$100KRevenue 2011: $104,375Expenses 2011: $58,890Net Income 2011: $45,4852011Revenue 2012: $92,500Expenses 2012: $78,710Net Income 2012: $13,7902012Revenue 2013: $60,000Expenses 2013: $69,370Net Income 2013: -$9,3702013Revenue 2014: $8,250Expenses 2014: $62,780Net Income 2014: -$54,5302014Revenue 2015: $14,500Expenses 2015: $20,905Net Income 2015: -$6,4052015Revenue 2016: $15,000Expenses 2016: $8,995Net Income 2016: $6,0052016Revenue 2017: $2,000Expenses 2017: $8,451Net Income 2017: -$6,4512017

Highlighted filing

2014

Revenue$8,250
Expenses$62,780
Net Income-$54,530
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Mar 25, 2015
Return Version
2014v5.0
Gross Receipts
$8,250
Mission and Program Overview

Mission

Public Education

Program Services

DescriptionGrantsExpenses
Keep membership informed on items of interest before Va Legislature and significant events involving offshore wind energy production Support supply chain development-$52,624
Advance protect and encourage the development of offshore wind energy and the supply chain hub for the Commonwealth of Virginia-$6,556
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles DeCuirChairmanPT$0--
Jeff KeeverPast ChairmanPT$0--
Jeffrey HammondTreasurerPT$0--
Scott ChierepkoSecretaryPT$0--
Molly PlautzExecutive Board Member-$0--
Amy ParkhurstExecutive Board Member-$0--
Heather WoodExecutive Board Member-$0--
Larry LombardiExecutive Board Member-$0--
Ray WhiteExecutive Board Member-$0--
George PhillipsExecutive Board Member-$0--
David SackettExecutive Board Member-$0--
John RyanExecutive Board Member-$0--
Filing and Contact Details

Filer

Filer Name
Virginia Offshore Wind Coalition
EIN
27-1295014
Address
PO Box 6271, Norfolk, VA 23508

Signing Officer

Name
Jeffrey Hammond
Title
Treasurer
Phone
7166848060
Signed
2015-03-25
Discuss with paid preparer
Yes

Preparer

Firm
Commonwealth Tax
Address
3092 Brickhouse Ct, Virginia Beach, VA 23452
Preparer
Karl Klinger RTRP
Phone
7572001040
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description Amountstate franchise fees 25rent, parking and utilities 62membership dues and fees 500public relations and recruiting 995conferences conventions meetings 2,528travel 527travel and meetings 586

Changes to governing documents Part V line 34

Section 3.1 Membership expanded to be open to all businesses, organizations and individuals investing/supporting the Mission and there will now only be one class of members, classified into four types of membership.Section 3.2 The Coalition will have 4 types of membership: (A) Stakeholder Members. (B) Association Members. (C) Industry Members & (D) Academia, Not-for-Profit, Interested Individual Members. Membership in the Coalition is voluntary, and a member may terminate membership at any time and for any reason. In addition, a member may be removed by a majority vote of the Board of Directors upon a determination that removal of the member is in the best interest of the Coalition. Section 4.1 Management - The business and affairs of the Coalition shall be directed, controlled, and managed by the Executive Committee subject to the approval of the Board of Directors.Section 4.2 The Board of Directors is responsible for overall policy and direction, The Board shall manage all of the affairs, property and funds, and shall have the duty and authority to do and perform all acts consistent with the Bylaws. Section 6.1 The Board of Directors may establish committees as deemed necessary by appropriate resolution. The Chairman shall appoint all Committee chairs. Section 6.2 The Executive Committee. The Executive Committee shall consist of at least the Chairman, Vice Chairman, Secretary, and Treasurer of the Coalition. The Executive Committee shall also include the prior Chairman of the Coalition, all Officers of the Coalition, and the chairs of active committees who are not elected Officers of the Coalition. The Executive Committee shall include at least one member of a public agency. The Executive Committee may create other committees as needed. The Executive Committee may also seek out relationships with non-member strategic allies who support the Mission of the Coalition. Section 7.1 Advisory Boards The Executive Committee was added to the Board as a group who can seek out members for an advisory board. Section 10 Resignation and termination: Members of the Board of Directors may be removed, with or without cause, at any annual, regular or special meeting of the Board of Directors by a three-fourths (3/4) vote of the Board of Directors.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Section 3.1 Membership expanded to be open to all businesses, organizations and individuals investing/supporting the Mission and there will now only be one class of members, classified into four types of membership.Section 3.2 The Coalition will have 4 types of membership: (A) Stakeholder Members. (B) Association Members. (C) Industry Members & (D) Academia, Not-for-Profit, Interested Individual Members. Membership in the Coalition is voluntary, and a member may terminate membership at any time and for any reason. In addition, a member may be removed by a majority vote of the Board of Directors upon a determination that removal of the member is in the best interest of the Coalition. Section 4.1 Management - The business and affairs of the Coalition shall be directed, controlled, and managed by the Executive Committee subject to the approval of the Board of Directors.Section 4.2 The Board of Directors is responsible for overall policy and direction, The Board shall manage all of the affairs, property and funds, and shall have the duty and authority to do and perform all acts consistent with the Bylaws. Section 6.1 The Board of Directors may establish committees as deemed necessary by appropriate resolution. The Chairman shall appoint all Committee chairs. Section 6.2 The Executive Committee. The Executive Committee shall consist of at least the Chairman, Vice Chairman, Secretary, and Treasurer of the Coalition. The Executive Committee shall also include the prior Chairman of the Coalition, all Officers of the Coalition, and the chairs of active committees who are not elected Officers of the Coalition. The Executive Committee shall include at least one member of a public agency. The Executive Committee may create other committees as needed. The Executive Committee may also seek out relationships with non-member strategic allies who support the Mission of the Coalition. Section 7.1 Advisory Boards The Executive Committee was added to the Board as a group who can seek out members for an advisory board. Section 10 Resignation and termination: Members of the Board of Directors may be removed, with or without cause, at any annual, regular or special meeting of the Board of Directors by a three-fourths (3/4) vote of the Board of Directors.
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