Virginia Zoological Society

“A draft of the completed form 990 is forwarded to the finance committee for review prior to filing.”

“The conflict of interest policy is enforced by requiring all subcontracted work to be submitted for public bid.”

“Compensation for the executive and assistant director is determined by the city of norfolk which pays their salary.”

“Key employee compensation is determined based on industry comparability reviews.”

“All documents required to be disclosed to the public are made available upon request.”

“The virginia zoological society inc (the "society") exempt from federal income tax under section 501(c)(3) of the internal revenue code. Organized on september 21, 1979, its purpose is to act as an advisory and supportive organization to advance the development of the virginia zoological park (the "zoo") in norfolk, virginia. The zoo is owned by the city of norfolk (the "city"). The objective of the society is to foster public awareness and appreciation of the zoo and to promote the conservation of the world's flora and fauna. The society provides essential program services for the zoo, as follows: zoo improvements and exhibits: significant assistance for zoo expansion, building renovations and other volunteer efforts into providing services for the zoo. Educational services: encourages an understanding of conservation to a wide variety of individuals by funding and operating all zoo education programs (including programs for the handicapped and community outreach programs); training and schedule most society staff, who provide guided school tours of the zoo and present offsite animal programs to various groups. Membership activities: encompasses the identification, cultivation, and expansion of the society's membership as the primary effort to promote public awareness and to increase public involvement in zoo activities. Conservation activities: educating the public on the importance of conservation of wild species, animals and plants. Focusing on zoo science, sustainability and community science. The society also functions in an administrative capacity to provide services necessary for zoo operations that the city does not provide, such as: supporting services: includes the functions necessary to provide coordination and articulation of the society's program strategy; marketing the zoo; secure proper administrative functions of the board of directors; manage the financial and budgetary responsibilities of the society; and management of all zoo concessions, gift shop, and train. Provides the structure necessary to encourage and secure private financial support from individuals, foundations, and corporations. From time to time, the society also agrees to raise funds to be donated to the city of norfolk for various types of capital improvements.”

“Rental expenses 191,833 inventory expenses 563,842 rental expenses -191,833 inventory expenses -563,842”