Civic Intelligence

Rappahannock Economic Development Corporation

990 • Fiscal year 2019 • EIN 54-1389463

Oct 01, 2018 to Sep 30, 2019 • Filed on Feb 27, 2020

Organization ProfileWWW.REDCO504.ORG
1125 Jefferson Davis Highway 420Fredericksburg, VA 22401

(540) 373-2897

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.22x

Higher debt load relative to assets than 83% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

85th percentile

0.26x

Higher debt load relative to revenue than 85% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Source year 2019

Net Margin

40th percentile

-0.6%

Higher net margin than 40% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Source year 2019

Top Officer Pay

99th percentile

$149,704

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 39.9% of source-year revenue.

2019 filings • 501(c)4 • <$500k nonprofits • Source year 2019

Asset Growth

79th percentile

19%

Faster asset growth than 79% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

74th percentile

13%

Faster revenue growth than 74% of similar nonprofits.

2019 filings • 501(c)4 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$434,948

Up $70,520 (+19%) from 2018

Net Assets

Down

$338,046

Down $2,355 (-0.7%) from 2018

Liabilities

Up

$96,902

Up $72,875 (+303%) from 2018

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin40th percentile

Revenue

Up

$375,293

Up $44,529 (+13%) from 2018

Expenses

Up

$377,648

Up $40,890 (+12%) from 2018

Net Income

Up

-$2,355

Up $3,639 (+61%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$800K$600K$400K$200K$0Assets 2011: $475,014Liabilities 2011: $29,387Net Assets 2011: $445,6272011Assets 2012: $449,028Liabilities 2012: $24,330Net Assets 2012: $424,6982012Assets 2013: $429,157Liabilities 2013: $20,535Net Assets 2013: $408,6222013Assets 2014: $452,544Liabilities 2014: $12,323Net Assets 2014: $440,2212014Assets 2015: $383,471Liabilities 2015: $26,130Net Assets 2015: $357,3412015Assets 2016: $346,962Liabilities 2016: $14,642Net Assets 2016: $332,3202016Assets 2017: $361,361Liabilities 2017: $14,966Net Assets 2017: $346,3952017Assets 2018: $364,428Liabilities 2018: $24,027Net Assets 2018: $340,4012018Assets 2019: $434,948Liabilities 2019: $96,902Net Assets 2019: $338,0462019Assets 2020: $483,122Liabilities 2020: $49,371Net Assets 2020: $433,7512020Assets 2021: $656,629Liabilities 2021: $173,380Net Assets 2021: $483,2492021Assets 2022: $549,871Liabilities 2022: $71,836Net Assets 2022: $478,0352022Assets 2023: $620,046Liabilities 2023: $129,745Net Assets 2023: $490,3012023Assets 2024: $613,702Liabilities 2024: $113,609Net Assets 2024: $500,0932024

Highlighted filing

2019

Assets$434,948
Liabilities$96,902
Net Assets$338,046
Open 2019 Filing

Operations Trend

Revenue Growth74th percentile

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

$1.0M$500K$0-$500KExpenses 2011: $287,2482011Expenses 2012: $299,6622012Expenses 2013: $306,9372013Revenue 2014: $295,518Expenses 2014: $263,919Net Income 2014: $31,5992014Revenue 2015: $236,826Expenses 2015: $319,706Net Income 2015: -$82,8802015Revenue 2016: $332,483Expenses 2016: $357,504Net Income 2016: -$25,0212016Revenue 2017: $371,955Expenses 2017: $357,880Net Income 2017: $14,0752017Revenue 2018: $330,764Expenses 2018: $336,758Net Income 2018: -$5,9942018Revenue 2019: $375,293Expenses 2019: $377,648Net Income 2019: -$2,3552019Revenue 2020: $507,587Expenses 2020: $411,882Net Income 2020: $95,7052020Revenue 2021: $608,606Expenses 2021: $559,108Net Income 2021: $49,4982021Revenue 2022: $637,675Expenses 2022: $642,889Net Income 2022: -$5,2142022Revenue 2023: $728,607Expenses 2023: $716,341Net Income 2023: $12,2662023Revenue 2024: $702,011Expenses 2024: $692,219Net Income 2024: $9,7922024

Highlighted filing

2019

Revenue$375,293
Expenses$377,648
Net Income-$2,355
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Feb 27, 2020
Return Version
2018v3.2
Gross Receipts
$375,293
Mission and Program Overview

Mission

To promote economic development and growth of the small business community within the commonwealth of virginia. To promote and increase private sector investment in long-term fixed assets, which will increase productivity, create or retain employment opportunities and increase the local tax base in the area of operations. In summary, it is the intent of the rappahannock economic development corporation to provide a positive economic impact within its community, or meet a public policy goal of the small business administration (sba).

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$355,590$252,420▼ $103,170
Savings and Temporary Cash Investments-$177,949-
Accounts Receivable$5,640--
Land, Buildings, and Equipment, Net$3,198$3,453▲ $255
Prepaid Expenses and Deferred Charges-$1,126-
Total Assets$364,428$434,948▲ $70,520
Liabilities
Deferred Revenue-$76,473-
Accounts Payable and Accrued Expenses$24,027$20,429▼ $3,598
Total Liabilities$24,027$96,902▲ $72,875
Net Assets / Fund Balance
Unrestricted Net Assets$340,401$338,046▼ $2,355
Total Net Assets Fund Balance$340,401$338,046▼ $2,355
Total Liabilities and Net Assets / Fund Balance$364,428$434,948▲ $70,520

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,453$25,875$29,328
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Joe DistefanoPresidentFT$149,704$149,704

Board Members and Trustees

NameTitle
Jeff RouseChair
Mike KennisonPast Chair
Brenda HisghmanVice Chair
Ben KeddieDirector
Blanton Massey JdDirector
Curry RobertsDirector
Don NewlinDirector
Jim HowardDirector
Matt KellyDirector
Steven ApicellaDirector
Bill OetersAssistant Se
Brian BakerSecretary
Ralph SuttonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$349,883
Investment Income
$25,410
Other Revenue
$0
Change in Net Assets
$-2,355

Audited Revenue Reconciliation

Revenue per Audited Statements
$375,293
Total Revenue per Audited Statements
$375,293
Total Revenue per Form 990
$375,293
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$263,950
Other Expenses$113,698
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$142,219$7,485-$149,704
Other Salaries and Wages$60,239$3,171-$63,410
Other Employee Benefits$33,170$1,746-$34,916
Payroll Taxes$15,124$796-$15,920
Occupancy$12,831$675-$13,506
Fees for Services Accounting$11,450--$11,450
Travel$8,611--$8,611
Insurance-$8,363-$8,363
Conferences and Meetings$8,104--$8,104
Fees for Services Other$7,500--$7,500
Office Expenses$6,229--$6,229
All Other Expenses$3,922--$3,922
Other Expenses$3,785--$3,785
Advertising$1,770--$1,770
Depreciation Depletion$1,259$66-$1,325
Fees for Services Legal$938--$938
Total Functional Expenses$355,346$22,302$0$377,648

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$377,648
Total Expenses per Audited Statements$377,648
Total Expenses per Form 990$377,648
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The organization has general members.”

Form 990, Page 6, Part VI, Line 7A

“The general members elect the board members.”

Form 990, Page 6, Part VI, Line 11B

“Rfca submits the draft 990 to the treasurer for review. Copies are kept for the board to review if they please.”

Form 990, Page 6, Part VI, Line 12C

“There is a written conflict of interest policy for employees in the employee handbook and a form that employees must complete yearly.”

Form 990, Page 6, Part VI, Line 19

“The organization makes documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Rappahannock Economic Development
EIN
54-1389463
Phone
5403732897
Address
1125 JEFFERSON DAVIS HIGHWAY 420, FREDERICKSBURG, VA 22401

Signing Officer

Name
Joe Distefano
Title
President
Phone
5403732897
Signed
2020-02-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ralph Sutton
Formed
1983
Legal Domicile
Va
Voting Board Members
13
Independent Board Members
13
Employees
2

Preparer

Firm
Robinson Farmer Cox Associates
Address
530 WESTFIELD RD, CHARLOTTESVILLE, VA 22901-1726
Preparer
Andrew P Grossnickle
Phone
4349738314
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To promote economic development and growth of the small business community within the commonwealth of virginia. To promote and increase private sector investment in long-term fixed assets, which will increase productivity, create or retain employment opportunities and increase the local tax base in the area of operations. In summary, it is the intent of the rappahannock economic development corporation to provide a positive economic impact within its community, or meet a public policy goal of the small business administration (sba).”

Financial Statement Notes

Schedule D, Page 3, Part X

“Redco is a not-for-profit organization that is exempt from income taxes under section 501(c)(4) of the internal revenue code. Management evaluated the organization's tax positions and determined that the organization has no uncertain tax positions that require adjustment to, or disclosure in, the financial statements. The organization files information returns in the u.s. Federal jurisdiction.”

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IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0340401
IRS990/NetAssetsOrFundBalancesEOYAmt0338046
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0675
IRS990/OccupancyGrp/ProgramServicesAmt012831
IRS990/OccupancyGrp/TotalAmt013506
IRS990/OfficeExpensesGrp/ProgramServicesAmt06229
IRS990/OfficeExpensesGrp/TotalAmt06229
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01746
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt033170
IRS990/OtherEmployeeBenefitsGrp/TotalAmt034916
IRS990/OtherExpensesGrp/Desc0CLOSING COSTS
IRS990/OtherExpensesGrp/Desc1SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2TELEPHONE, INTERNET, FAX
IRS990/OtherExpensesGrp/Desc3WEBSITE DEVELOPMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt025000
IRS990/OtherExpensesGrp/ProgramServicesAmt18354
IRS990/OtherExpensesGrp/ProgramServicesAmt24841
IRS990/OtherExpensesGrp/ProgramServicesAmt33785
IRS990/OtherExpensesGrp/TotalAmt025000
IRS990/OtherExpensesGrp/TotalAmt18354
IRS990/OtherExpensesGrp/TotalAmt24841
IRS990/OtherExpensesGrp/TotalAmt33785
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03171
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt060239
IRS990/OtherSalariesAndWagesGrp/TotalAmt063410
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0796
IRS990/PayrollTaxesGrp/ProgramServicesAmt015124
IRS990/PayrollTaxesGrp/TotalAmt015920
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01126
IRS990/PrincipalOfficerNm0RALPH SUTTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541100
IRS990/ProgramServiceRevenueGrp/BusinessCd1541100
IRS990/ProgramServiceRevenueGrp/BusinessCd2541100
IRS990/ProgramServiceRevenueGrp/BusinessCd3541100
IRS990/ProgramServiceRevenueGrp/Desc0SERVICING FEES
IRS990/ProgramServiceRevenueGrp/Desc1LOAN PROCESSING FEES
IRS990/ProgramServiceRevenueGrp/Desc2CLOSING ATTORNEY COSTS
IRS990/ProgramServiceRevenueGrp/Desc3LATE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0202283
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1120356
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt225000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32244
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0202283
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1120356
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt225000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32244
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt019592
IRS990/PYOtherExpensesAmt075837
IRS990/PYProgramServiceRevenueAmt0311172
IRS990/PYRevenuesLessExpensesAmt0-5994
IRS990/PYSalariesCompEmpBnftPaidAmt0260921
IRS990/PYTotalExpensesAmt0336758
IRS990/PYTotalRevenueAmt0330764
IRS990/ReconcilationRevenueExpnssAmt0-2355
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0177949
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt03453
IRS990ScheduleD/EquipmentGrp/DepreciationAmt025875
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt029328
IRS990ScheduleD/ExpensesSubtotalAmt0377648
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt0375293
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0REDCO IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO, OR DISCLOSURE IN, THE FINANCIAL STATEMENTS. THE ORGANIZATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03453
IRS990ScheduleD/TotalExpensesPerForm990Amt0377648
IRS990ScheduleD/TotalRevenuePerForm990Amt0375293
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0375293
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0377648
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROMOTE ECONOMIC DEVELOPMENT AND GROWTH OF THE SMALL BUSINESS COMMUNITY WITHIN THE COMMONWEALTH OF VIRGINIA. TO PROMOTE AND INCREASE PRIVATE SECTOR INVESTMENT IN LONG-TERM FIXED ASSETS, WHICH WILL INCREASE PRODUCTIVITY, CREATE OR RETAIN EMPLOYMENT OPPORTUNITIES AND INCREASE THE LOCAL TAX BASE IN THE AREA OF OPERATIONS. IN SUMMARY, IT IS THE INTENT OF THE RAPPAHANNOCK ECONOMIC DEVELOPMENT CORPORATION TO PROVIDE A POSITIVE ECONOMIC IMPACT WITHIN ITS COMMUNITY, OR MEET A PUBLIC POLICY GOAL OF THE SMALL BUSINESS ADMINISTRATION (SBA).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS GENERAL MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GENERAL MEMBERS ELECT THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RFCA SUBMITS THE DRAFT 990 TO THE TREASURER FOR REVIEW. COPIES ARE KEPT FOR THE BOARD TO REVIEW IF THEY PLEASE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE IS A WRITTEN CONFLICT OF INTEREST POLICY FOR EMPLOYEES IN THE EMPLOYEE HANDBOOK AND A FORM THAT EMPLOYEES MUST COMPLETE YEARLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0364428
IRS990/TotalAssetsEOYAmt0434948
IRS990/TotalAssetsGrp/BOYAmt0364428
IRS990/TotalAssetsGrp/EOYAmt0434948
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt022302
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0355346
IRS990/TotalFunctionalExpensesGrp/TotalAmt0377648
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt024027
IRS990/TotalLiabilitiesEOYAmt096902
IRS990/TotalLiabilitiesGrp/BOYAmt024027
IRS990/TotalLiabilitiesGrp/EOYAmt096902
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0340401
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0338046
IRS990/TotalProgramServiceExpensesAmt0355346
IRS990/TotalProgramServiceRevenueAmt0349883
IRS990/TotalReportableCompFromOrgAmt0149704
IRS990/TotalRevenueGrp/ExclusionAmt025410
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0349883
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0375293
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0364428
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0434948
IRS990/TravelGrp/ProgramServicesAmt08611
IRS990/TravelGrp/TotalAmt08611
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0340401
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0338046
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.REDCO504.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOE DISTEFANO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05403732897
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAPPAHANNOCK ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0RAPP
ReturnHeader/Filer/EIN0541389463
ReturnHeader/Filer/PhoneNum05403732897
ReturnHeader/Filer/USAddress/AddressLine1Txt01125 JEFFERSON DAVIS HIGHWAY 420
ReturnHeader/Filer/USAddress/CityNm0FREDERICKSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022401
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09ABF4A4CD9073D44961EDDFBB9D4FC555C086CE7
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09ABF4A4CD9073D44961EDDFBB9D4FC555C086CE7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.77.77.25
ReturnHeader/FilingSecurityInformation/IPDt02020-03-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm010:30:34
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541896113
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBINSON FARMER COX ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0530 WESTFIELD RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$434,948
Liabilities
$96,902
Net assets
$338,046
Revenue
$375,293
Expenses
$377,648
Net income
-$2,355
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.14$1.14$5.00$7.02$6.92$0.10
2023Detailed filing. Detailed filing data is available for this year.$6.20$1.30$4.90$7.29$7.16$0.12
2022Detailed filing. Detailed filing data is available for this year.$5.50$0.72$4.78$6.38$6.43$0.05
2021Detailed filing. Detailed filing data is available for this year.$6.57$1.73$4.83$6.09$5.59$0.49
2020Detailed filing. Detailed filing data is available for this year.$4.83$0.49$4.34$5.08$4.12$0.96
2019Detailed filing. Detailed filing data is available for this year.$4.35$0.97$3.38$3.75$3.78$0.02
2018Detailed filing. Detailed filing data is available for this year.$3.64$0.24$3.40$3.31$3.37$0.06
2017Detailed filing. Detailed filing data is available for this year.$3.61$0.15$3.46$3.72$3.58$0.14
2016Detailed filing. Detailed filing data is available for this year.$3.47$0.15$3.32$3.32$3.58$0.25
2015Detailed filing. Detailed filing data is available for this year.$3.83$0.26$3.57$2.37$3.20$0.83
2014Detailed filing. Detailed filing data is available for this year.$4.53$0.12$4.40$2.96$2.64$0.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.29$0.21$4.09$3.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.49$0.24$4.25$3.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.75$0.29$4.46$2.87