Civic Intelligence

Small Business Development Center of Hampton Roads Inc

990 • Fiscal year 2016 • EIN 54-1534595

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

500 E Main Street No 700Norfolk, VA 23510

(757) 664-2500

Siviq Scores

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

Liabilities / Assets

75th percentile

0.12x

Higher debt load relative to assets than 75% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

71st percentile

0.05x

Higher debt load relative to revenue than 71% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

34th percentile

-3.2%

Higher net margin than 34% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

100th percentile

$224,820

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 45.7% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

35th percentile

-4.7%

Faster asset growth than 35% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

20th percentile

-16%

Faster revenue growth than 20% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$200,349

Down $9,847 (-4.7%) from 2015

Net Assets

Down

$176,735

Down $15,518 (-8.1%) from 2015

Liabilities

Up

$23,614

Up $5,671 (+32%) from 2015

Revenue

Down

$491,537

Down $92,451 (-16%) from 2015

Expenses

Down

$507,055

Down $51,574 (-9.2%) from 2015

Net Income

Down

-$15,518

Down $40,877 (-161%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $123,347Liabilities 2010: $90,554Net Assets 2010: $32,7932010Assets 2011: $163,420Liabilities 2011: $101,801Net Assets 2011: $61,6192011Assets 2012: $228,350Liabilities 2012: $144,412Net Assets 2012: $83,9382012Assets 2013: $266,916Liabilities 2013: $164,486Net Assets 2013: $102,4302013Assets 2014: $349,199Liabilities 2014: $182,305Net Assets 2014: $166,8942014Assets 2015: $210,196Liabilities 2015: $17,943Net Assets 2015: $192,2532015Assets 2016: $200,349Liabilities 2016: $23,614Net Assets 2016: $176,7352016Assets 2017: $217,435Liabilities 2017: $39,402Net Assets 2017: $178,0332017Assets 2018: $244,080Liabilities 2018: $9,629Net Assets 2018: $234,4512018Assets 2019: $252,913Liabilities 2019: $16,033Net Assets 2019: $236,8802019Assets 2020: $292,522Liabilities 2020: $7,621Net Assets 2020: $284,9012020Assets 2021: $263,643Liabilities 2021: $6,147Net Assets 2021: $257,4962021Assets 2022: $260,544Liabilities 2022: $12,617Net Assets 2022: $247,9272022Assets 2023: $305,397Liabilities 2023: $33,181Net Assets 2023: $272,2162023Assets 2024: $355,301Liabilities 2024: $68,159Net Assets 2024: $287,1422024

Highlighted filing

2016

Assets$200,349
Liabilities$23,614
Net Assets$176,735

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $389,3092010Expenses 2011: $408,8912011Expenses 2012: $492,3872012Revenue 2013: $585,899Expenses 2013: $567,407Net Income 2013: $18,4922013Revenue 2014: $569,454Expenses 2014: $562,205Net Income 2014: $7,2492014Revenue 2015: $583,988Expenses 2015: $558,629Net Income 2015: $25,3592015Revenue 2016: $491,537Expenses 2016: $507,055Net Income 2016: -$15,5182016Revenue 2017: $469,447Expenses 2017: $468,149Net Income 2017: $1,2982017Revenue 2018: $488,908Expenses 2018: $432,490Net Income 2018: $56,4182018Revenue 2019: $407,640Expenses 2019: $405,211Net Income 2019: $2,4292019Revenue 2020: $646,848Expenses 2020: $598,827Net Income 2020: $48,0212020Revenue 2021: $580,598Expenses 2021: $608,003Net Income 2021: -$27,4052021Revenue 2022: $463,349Expenses 2022: $472,918Net Income 2022: -$9,5692022Revenue 2023: $438,323Expenses 2023: $414,034Net Income 2023: $24,2892023Revenue 2024: $545,861Expenses 2024: $530,935Net Income 2024: $14,9262024

Highlighted filing

2016

Revenue$491,537
Expenses$507,055
Net Income-$15,518
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$491,537
Mission and Program Overview

Mission

To foster small business success and grow the region's economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$116,495$149,207▲ $32,712
Cash and Non-Interest-Bearing Accounts$93,531$50,972▼ $42,559
Prepaid Expenses and Deferred Charges$170$170→ $0
Total Assets$210,196$200,349▼ $9,847
Liabilities
Accounts Payable and Accrued Expenses$17,943$23,614▲ $5,671
Total Liabilities$17,943$23,614▲ $5,671
Net Assets / Fund Balance
Unrestricted Net Assets$165,910$166,415▲ $505
Temporarily Rstr Net Assets$26,343$10,320▼ $16,023
Total Net Assets Fund Balance$192,253$176,735▼ $15,518
Total Liabilities and Net Assets / Fund Balance$210,196$200,349▼ $9,847
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SYLVIA M hainesSecretary--$95,766$95,766
James T Carroll IiiCenter DirectorFT$64,441$5,276$69,717

Board Members and Trustees

NameTitle
Martin JosephChairman
Bryan StephensPresident & CEO
Bill HolloranDirector
Dean Deborah WrightDirector
Henry MillsDirector
James W Noel JrDirector
Jeff RichardsonDirector
Michael D AustinDirector
R Patrick GomezDirector
Jody a KeenanEx Officio Member
Revenue and Support

Revenue Composition

Contributions and Grants
$491,537
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$224,480
Change in Net Assets
$-15,518
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$309,044
Other Expenses$198,011
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$205,161
Fees for Services Other---$127,605
Current Officers, Directors, Trustees, and Key Employees---$69,716
Payroll Taxes---$17,874
Office Expenses---$16,418
Travel---$14,032
Fees for Services Accounting---$9,748
Pension Plan Contributions---$8,379
Other Employee Benefits---$7,914
Occupancy---$3,372
All Other Expenses---$1,656
Insurance---$978
Other Expenses---$942
Conferences and Meetings---$662
Total Functional Expenses$0$0$0$507,055
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
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

The officers review form 990 prior to its filing and report to the board. The draft form 990 was also uploaded to guidestar and the email was sent notifying the board members that it was available for review.

Form 990, Part VI, Section C, line 19

Organization makes governing documents, conflict of interest policy, and financial statements available to the public upon request. Tax returns are also available for public inspection through guidestar.

Filing and Contact Details

Filer

Filer Name
Small Business Development Center of
EIN
54-1534595
Phone
7576642500
Address
500 E Main Street No 700, Norfolk, VA 23510

Signing Officer

Name
Sylvia Haines
Title
President
Phone
7576642500
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bryan Stephens
Formed
1990
Legal Domicile
Va
Voting Board Members
12
Independent Board Members
8
Employees
6
Volunteers
14

Preparer

Firm
Cherry Bekaert Llp
Address
222 Central Park Ave Ste 1400, Virginia Beach, VA 23462
Preparer
Barbara Smith
Phone
7574562400
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 2B:

The Hampton Roads Chamber of Commerce processes the payroll for this entity and the W-2s and 941s are filed under the Chamber of Commerce.

Form 990, Part IX, line 11G

consultant fees 127,605.

Form 990, Part XII, Line 2C:

The organization's board of directors is responsible for oversight of the audit, review of its financial statements, and selection of the independent accountant.

Financial Statement Notes

Part X, Line 2:

The Chamber and the affiliates are exempt from federal income taxes under Section 501(c)(3) or 501(c)(6) of the Internal Revenue Code; accordingly, the accompanying combined financial statements do not reflect a provision or liability for federal and state income taxes. However, income from certain activities not directly related to the Chamber's tax-exempt purpose is subject to taxation as unrelated business income. The Chamber and the affiliates have determined that it does not have any material unrecognized tax benefits or obligations as of December 31, 2016 and 2015.

Raw XML AppendixShowing 400 of 414 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt017943
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt023614
IRS990/AccountsReceivableGrp/BOYAmt0116495
IRS990/AccountsReceivableGrp/EOYAmt0149207
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO FOSTER SMALL BUSINESS SUCCESS AND GROW THE REGION'S ECONOMY.
IRS990/AllOtherContributionsAmt0224480
IRS990/AllOtherExpensesGrp/TotalAmt01656
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE CORPORATE OFFICERS
IRS990/BooksInCareOfDetail/PhoneNum07576642500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0500 E Main Street No 700
IRS990/BooksInCareOfDetail/USAddress/CityNm0Norfolk
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd023510
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt093531
IRS990/CashNonInterestBearingGrp/EOYAmt050972
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt069716
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt0662
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0491537
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0198011
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-15518
IRS990/CYSalariesCompEmpBnftPaidAmt0309044
IRS990/CYTotalExpensesAmt0507055
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0491537
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0COORDINATING AND ENCOURAGING THE DEVELOPMENT OF SMALL BUSINESSES IN THEHAMPTON ROADS AREA.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt09748
IRS990/FeesForServicesOtherGrp/TotalAmt0127605
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1137.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt911618
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1015856
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt115276
IRS990/Form990PartVIISectionAGrp/PersonNm0JAMES W NOEL JR
IRS990/Form990PartVIISectionAGrp/PersonNm1R PATRICK GOMEZ
IRS990/Form990PartVIISectionAGrp/PersonNm2Bill Holloran
IRS990/Form990PartVIISectionAGrp/PersonNm3HENRY MILLS
IRS990/Form990PartVIISectionAGrp/PersonNm4DEAN DEBORAH WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHAEL D AUSTIN
IRS990/Form990PartVIISectionAGrp/PersonNm6JEFF RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm7JODY A KEENAN
IRS990/Form990PartVIISectionAGrp/PersonNm8Martin Joseph
IRS990/Form990PartVIISectionAGrp/PersonNm9SYLVIA M haines
IRS990/Form990PartVIISectionAGrp/PersonNm10BRYAN STEPHENS
IRS990/Form990PartVIISectionAGrp/PersonNm11JAMES T CARROLL III
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1164441
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt984148
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10208964
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7EX OFFICIO MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11CENTER DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0267057
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0491537
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt0978
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO FOSTER SMALL BUSINESS SUCCESS AND GROW THE REGION'S ECONOMY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0192253
IRS990/NetAssetsOrFundBalancesEOYAmt0176735
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt03372
IRS990/OfficeExpensesGrp/TotalAmt016418
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07914
IRS990/OtherExpensesGrp/Desc0PROGRAM SERVICES
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/TotalAmt022598
IRS990/OtherExpensesGrp/TotalAmt1942
IRS990/OtherSalariesAndWagesGrp/TotalAmt0205161
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt017874
IRS990/PensionPlanContributionsGrp/TotalAmt08379
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0170
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0170
IRS990/PrincipalOfficerNm0Bryan Stephens
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0ASSISTING SMALL BUSINESSES AND INDIVIDUALS ADVERSELY AFFECTED BY REDUCTIONS IN DEFENSE SPENDING.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0583988
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0303435
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt025359
IRS990/PYSalariesCompEmpBnftPaidAmt0255194
IRS990/PYTotalExpensesAmt0558629
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0583988
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-15518
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Chamber and the affiliates are exempt from federal income taxes under Section 501(c)(3) or 501(c)(6) of the Internal Revenue Code; accordingly, the accompanying combined financial statements do not reflect a provision or liability for federal and state income taxes. However, income from certain activities not directly related to the Chamber's tax-exempt purpose is subject to taxation as unrelated business income. The Chamber and the affiliates have determined that it does not have any material unrecognized tax benefits or obligations as of December 31, 2016 and 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0200000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt013057
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt02799
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt08964
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BRYAN STEPHENS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0224820
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Hampton Roads Chamber of Commerce processes the payroll for this entity and the W-2s and 941s are filed under the Chamber of Commerce.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OFFICERS REVIEW FORM 990 PRIOR TO ITS FILING AND REPORT TO THE BOARD. THE DRAFT FORM 990 WAS ALSO UPLOADED TO GUIDESTAR AND THE EMAIL WAS SENT NOTIFYING THE BOARD MEMBERS THAT IT WAS AVAILABLE FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. TAX RETURNS ARE ALSO AVAILABLE FOR PUBLIC INSPECTION THROUGH GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3consultant fees 127,605.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT, REVIEW OF ITS FINANCIAL STATEMENTS, AND SELECTION OF THE INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part V, Line 2b:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, Line 2c:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0YES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HAMPTON ROADS CHAMBER OF COMMERCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0541252997
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0BUSINESS PROMOTION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0n/a
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0500 E Main Street 700
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NORFOLK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd023510
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0246007
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt119859
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0cost allocation
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1cost allocation
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Hampton Roads Chamber of Commerce
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1hampton Roads Chamber of Commerce
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt026343
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt010320
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0210196
IRS990/TotalAssetsEOYAmt0200349
IRS990/TotalAssetsGrp/BOYAmt0210196
IRS990/TotalAssetsGrp/EOYAmt0200349
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0491537
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/TotalAmt0507055
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017943
IRS990/TotalLiabilitiesEOYAmt023614
IRS990/TotalLiabilitiesGrp/BOYAmt017943
IRS990/TotalLiabilitiesGrp/EOYAmt023614
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0192253
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0176735
IRS990/TotalOtherCompensationAmt032750
IRS990/TotalReportableCompFromOrgAmt064441
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0491537
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt014
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0210196
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0200349
IRS990/TotReportableCompRltdOrgAmt0293112
IRS990/TransactionWithControlEntInd00
IRS990/TravelGrp/TotalAmt014032
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0165910
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0166415
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0500 E Main Street No 700
IRS990/USAddress/CityNm0Norfolk
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023510
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0HRSBDC.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SYLVIA HAINES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07576642500
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Small Business Development Center of
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Hampton Roads
ReturnHeader/Filer/BusinessNameControlTxt0SMAL
ReturnHeader/Filer/EIN0541534595
ReturnHeader/Filer/PhoneNum07576642500
ReturnHeader/Filer/USAddress/AddressLine1Txt0500 E Main Street No 700
ReturnHeader/Filer/USAddress/CityNm0Norfolk
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023510
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02A69B6315480E9823C4119CB54042E0CA9B7D756
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt040.137.115.169
ReturnHeader/FilingSecurityInformation/IPDt02017-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.55$0.68$2.87$5.46$5.31$0.15
2023Detailed filing. Detailed filing data is available for this year.$3.05$0.33$2.72$4.38$4.14$0.24
2022Detailed filing. Detailed filing data is available for this year.$2.61$0.13$2.48$4.63$4.73$0.10
2021Detailed filing. Detailed filing data is available for this year.$2.64$0.06$2.57$5.81$6.08$0.27
2020Detailed filing. Detailed filing data is available for this year.$2.93$0.08$2.85$6.47$5.99$0.48
2019Detailed filing. Detailed filing data is available for this year.$2.53$0.16$2.37$4.08$4.05$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.44$0.10$2.34$4.89$4.32$0.56
2017Detailed filing. Detailed filing data is available for this year.$2.17$0.39$1.78$4.69$4.68$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.00$0.24$1.77$4.92$5.07$0.16
2015Detailed filing. Detailed filing data is available for this year.$2.10$0.18$1.92$5.84$5.59$0.25
2014Detailed filing. Detailed filing data is available for this year.$3.49$1.82$1.67$5.69$5.62$0.07
2013Detailed filing. Detailed filing data is available for this year.$2.67$1.64$1.02$5.86$5.67$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$1.44$0.84$4.92
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$1.02$0.62$4.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.91$0.33$3.89