Civic Intelligence

Coliseum Central Business Improvement District Inc

EIN 54-1791888 • 501(c)6 • Hampton, VA

Profile

To promote, develop and market the economic development of the coliseum central business improvement district within the city of hampton, virginia.

2101 Executive Drive Suite 550Hampton, VA 23666
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

52nd percentile

0.16x

Higher debt load relative to assets than 52% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

47th percentile

0.15x

Higher debt load relative to revenue than 47% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Net Margin

39th percentile

1.2%

Higher net margin than 39% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

59th percentile

$166,919

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Asset Growth

28th percentile

-1.9%

Faster asset growth than 28% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

52nd percentile

6.2%

Faster revenue growth than 52% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,528,467

Up $328,543 (+27%) from 2022

Liabilities

Up

$345,109

Up $291,060 (+539%) from 2022

Net Assets

Up

$1,183,358

Up $37,483 (+3.3%) from 2022

Revenue

Up

$1,445,943

Up $51,664 (+3.7%) from 2022

Expenses

Up

$1,408,460

Up $140,502 (+11%) from 2022

Net Income

Down

$37,483

Down $88,838 (-70%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,158,246Liabilities 2011: $27,751Net Assets 2011: $1,130,4952011Assets 2012: $1,334,429Liabilities 2012: $30,279Net Assets 2012: $1,304,1502012Assets 2013: $1,208,391Liabilities 2013: $11,664Net Assets 2013: $1,196,7272013Assets 2014: $1,152,346Liabilities 2014: $20,905Net Assets 2014: $1,131,4412014Assets 2016: $1,346,981Liabilities 2016: $57,951Net Assets 2016: $1,289,0302016Assets 2017: $1,210,105Liabilities 2017: $50,454Net Assets 2017: $1,159,6512017Assets 2018: $963,985Liabilities 2018: $67,991Net Assets 2018: $895,9942018Assets 2019: $805,071Liabilities 2019: $34,374Net Assets 2019: $770,6972019Assets 2020: $809,098Liabilities 2020: $39,962Net Assets 2020: $769,1362020Assets 2021: $1,068,570Liabilities 2021: $49,016Net Assets 2021: $1,019,5542021Assets 2022: $1,199,924Liabilities 2022: $54,049Net Assets 2022: $1,145,8752022Assets 2023: $1,528,467Liabilities 2023: $345,109Net Assets 2023: $1,183,3582023

Highlighted filing

2023

Assets$1,528,467
Liabilities$345,109
Net Assets$1,183,358

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,134,937Expenses 2011: $907,173Net Income 2011: $227,7642011Revenue 2012: $1,107,493Expenses 2012: $933,838Net Income 2012: $173,6552012Revenue 2013: $1,085,809Expenses 2013: $992,321Net Income 2013: $93,4882013Revenue 2014: $1,050,473Expenses 2014: $1,115,759Net Income 2014: -$65,2862014Revenue 2016: $1,092,888Expenses 2016: $1,074,866Net Income 2016: $18,0222016Revenue 2017: $1,145,988Expenses 2017: $1,275,367Net Income 2017: -$129,3792017Revenue 2018: $1,160,095Expenses 2018: $1,423,752Net Income 2018: -$263,6572018Revenue 2019: $1,170,398Expenses 2019: $1,295,695Net Income 2019: -$125,2972019Revenue 2020: $1,220,005Expenses 2020: $1,221,566Net Income 2020: -$1,5612020Revenue 2021: $1,358,139Expenses 2021: $1,107,721Net Income 2021: $250,4182021Revenue 2022: $1,394,279Expenses 2022: $1,267,958Net Income 2022: $126,3212022Revenue 2023: $1,445,943Expenses 2023: $1,408,460Net Income 2023: $37,4832023

Highlighted filing

2023

Revenue$1,445,943
Expenses$1,408,460
Net Income$37,483

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.53$0.35$1.18$1.45$1.41$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.05$1.15$1.39$1.27$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.05$1.02$1.36$1.11$0.25
2020Summary only. Only limited summary data is available for this year.$0.81$0.04$0.77$1.22$1.22$0.00
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.03$0.77$1.17$1.30$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.07$0.90$1.16$1.42$0.26
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.05$1.16$1.15$1.28$0.13
2016Summary only. Only limited summary data is available for this year.$1.35$0.06$1.29$1.09$1.07$0.02
2014Summary only. Only limited summary data is available for this year.$1.15$0.02$1.13$1.05$1.12$0.07
2013Summary only. Only limited summary data is available for this year.$1.21$0.01$1.20$1.09$0.99$0.09
2012Summary only. Only limited summary data is available for this year.$1.33$0.03$1.30$1.11$0.93$0.17
2011Summary only. Only limited summary data is available for this year.$1.16$0.03$1.13$1.13$0.91$0.23
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 12, 2023
Return Version
2021v4.0
Gross Receipts
$1,394,279
Mission and Program Overview

Mission

To promote, develop and market the economic development of the coliseum central business improvement district within the city of hampton, virginia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$627,432$721,122▲ $93,690
Accounts Receivable$337,603$347,182▲ $9,579
Cash and Non-Interest-Bearing Accounts$79,937$81,413▲ $1,476
Land, Buildings, and Equipment, Net$19,528$50,207▲ $30,679
Prepaid Expenses and Deferred Charges$4,070--
Total Assets$1,068,570$1,199,924▲ $131,354
Liabilities
Accounts Payable and Accrued Expenses$49,016$54,049▲ $5,033
Total Liabilities$49,016$54,049▲ $5,033
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,019,554$1,145,875▲ $126,321
Total Net Assets Fund Balance$1,019,554$1,145,875▲ $126,321
Total Liabilities and Net Assets / Fund Balance$1,068,570$1,199,924▲ $131,354

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$50,207$155,640$205,847
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Raymond TrippExe DirectorFT$148,950$148,950
Eboni CouncilDeputy Exe DFT$119,249$119,249

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,392,975
Program Service Revenue
$0
Investment Income
$1,213
Other Revenue
$91
All Other Contributions
$32,600
Change in Net Assets
$126,321
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$813,484
Salaries, Compensation, and Employee Benefits$415,442
Grants and Similar Amounts Paid$39,032
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$196,076
Other Salaries and Wages---$177,785
Current Officers, Directors, Trustees, and Key Employees---$157,276
Occupancy---$69,684
Conferences and Meetings---$50,643
Office Expenses---$48,136
Grants to Domestic Orgs---$39,032
Other Expenses---$38,303
Pension Plan Contributions---$35,624
Payroll Taxes---$24,536
Insurance---$22,472
Other Employee Benefits---$20,221
All Other Expenses---$17,773
Fees for Services Accounting---$9,201
Depreciation Depletion---$5,104
Travel---$775
Total Functional Expenses$0$0$0$1,267,958
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Wnor-fmChesapeake, VA-Event Sponsor$10,886
J&a Racing FoundationVirginia Beach, VA501c3Event Sponsor$10,000
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
Yes
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization has member businesses from the district.

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

Members elect the board of directors.

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

Nominations for new board members must be voted on by members.

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

Form 990 is reviewed by the executive director and the office manager before filing. The completed form 990 will be presented to the governing board at the following monthly board meeting.

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

The organization does not actively monitor employee activity. However when an issue becomes known to the organization it is discussed with the employee and a verbal warning is issued. The organization would follow-up as necessary.

Form 990, Page 6, Part VI, Line 15A

A personnel committee comprised of designated members of the board of directors determines the salary, raises, and bonuses for the executive director.

Form 990, Page 6, Part VI, Line 15B

A personnel committee comprised of designated members of the board of directors determines the salary, raises, and bonuses of the key employees.

Form 990, Page 6, Part VI, Line 19

Governing documents are not made available to the public.

Filing and Contact Details

Filer

Filer Name
Coliseum Central Business
EIN
54-1791888
Phone
7578266351
Address
2101 EXECUTIVE DRIVE SUITE 550, HAMPTON, VA 23666

Signing Officer

Name
Raymond Tripp
Title
Exe Director
Phone
7578266351
Signed
2023-04-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sonya Daniels
Formed
1996
Legal Domicile
Va
Voting Board Members
18
Independent Board Members
18
Employees
5
Volunteers
10

Preparer

Firm
A Rohm Smith & Company
Address
11832 ROCK LANDING DR STE 101, NEWPORT NEWS, VA 23606-4277
Preparer
Theresa Rohm CPA
Phone
7572239602
Supplemental Narrative

Additional Explanations

Form 990

The organization does not engage in political activities on behalf of any specific candidates. It does hold a "meet the candidates" forum where all candidates running for city council are invited to answer questions and share their viewpoints.

Form 990, Page 1, Part I, Line 6

The organization uses volunteers for events such as community cleanup days, holiday parade, concert series, and neighborhood night out.

Raw XML AppendixShowing 400 of 463 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DEPUTY EXE D
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD PRESID
IRS990/Form990PartVIISectionAGrp/TitleTxt8PROXY FOR BU
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
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IRS990/MissionDesc0TO PROMOTE, DEVELOP AND MARKET THE ECONOMIC DEVELOPMENT OF THE COLISEUM CENTRAL BUSINESS IMPROVEMENT DISTRICT WITHIN THE CITY OF HAMPTON, VIRGINIA.
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IRS990/OtherExpensesGrp/Desc0IMPROVEMNT/BEAUTIFICATION
IRS990/OtherExpensesGrp/Desc1SPECIAL DISTRICT EVENTS
IRS990/OtherExpensesGrp/Desc2POLICE PTRSHIP/SECURITY
IRS990/OtherExpensesGrp/Desc3BANNERS
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IRS990/OtherExpensesGrp/TotalAmt255071
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IRS990/PensionPlanContributionsGrp/TotalAmt035624
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04070
IRS990/PrincipalOfficerNm0SONYA DANIELS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0CUSTOMER ATTRACTION - ACTIVELY MARKET TO POTENTIAL CUSTOMERS OF THE DISTRICT BUSINESSES. PROMOTE, SUPPORT, SPONSOR AND STAGE FAMILY EVENTS TO ATTRACT CUSTOMERS TO THE DISTRICT. MAINTAIN A COMMUNICATION LINK WITH THE VIRGINIA DEPARTMENT OF TRANSPORTATION TO KEEP BUSINESSES AWARE OF IMPENDING CONSTRUCTION SO IT DOES NOT HAVE HAVE AN ADVERSE EFFECT ON THE BUSINESSES IN THE DISTRICT.
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt025500
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IRS990/ReconcilationRevenueExpnssAmt0126321
IRS990/RegularMonitoringEnfrcInd0true
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IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EVENT SPONSOR
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1EVENT SPONSOR
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0J&A RACING FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1WNOR-FM
IRS990ScheduleI/RecipientTable/RecipientEIN0472437738
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03601 SHORE DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1870 GREENBRIER CIR STE 399
IRS990ScheduleI/RecipientTable/USAddress/CityNm0VIRGINIA BEACH
IRS990ScheduleI/RecipientTable/USAddress/CityNm1CHESAPEAKE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd023455
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd123320
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0A PROJECT IS DESIGNED BY THE COMPANY REQUESTING THE GRANT FUNDS AND THEN QUOTES ARE RECEIVED. THE COMPANY CHOOSES A QUOTE AND SUBMITS THE INFORMATION TO COLISEUM CENTRAL WITH THEIR GRANT APPLICATION AND MONETARY REQUEST. THE PHYSICAL IMPROVEMENTS COMMITTEE AND BOARD OF DIRECTORS MUST APPROVE THE GRANT. THE COMPANY REQUESTING THE GRANT MUST THEN COMPLETE THE PROJECT. UPON COMPLETION OF THE PROJECT AND REVIEW BY THE COMMITTEE, A REIMBURSEMENT CHECK IN THE AMOUNT OF THE GRANT IS DISBURSED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT ENGAGE IN POLITICAL ACTIVITIES ON BEHALF OF ANY SPECIFIC CANDIDATES. IT DOES HOLD A "MEET THE CANDIDATES" FORUM WHERE ALL CANDIDATES RUNNING FOR CITY COUNCIL ARE INVITED TO ANSWER QUESTIONS AND SHARE THEIR VIEWPOINTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION USES VOLUNTEERS FOR EVENTS SUCH AS COMMUNITY CLEANUP DAYS, HOLIDAY PARADE, CONCERT SERIES, AND NEIGHBORHOOD NIGHT OUT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS MEMBER BUSINESSES FROM THE DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NOMINATIONS FOR NEW BOARD MEMBERS MUST BE VOTED ON BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE OFFICE MANAGER BEFORE FILING. THE COMPLETED FORM 990 WILL BE PRESENTED TO THE GOVERNING BOARD AT THE FOLLOWING MONTHLY BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION DOES NOT ACTIVELY MONITOR EMPLOYEE ACTIVITY. HOWEVER WHEN AN ISSUE BECOMES KNOWN TO THE ORGANIZATION IT IS DISCUSSED WITH THE EMPLOYEE AND A VERBAL WARNING IS ISSUED. THE ORGANIZATION WOULD FOLLOW-UP AS NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7A PERSONNEL COMMITTEE COMPRISED OF DESIGNATED MEMBERS OF THE BOARD OF DIRECTORS DETERMINES THE SALARY, RAISES, AND BONUSES FOR THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8A PERSONNEL COMMITTEE COMPRISED OF DESIGNATED MEMBERS OF THE BOARD OF DIRECTORS DETERMINES THE SALARY, RAISES, AND BONUSES OF THE KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalAssetsGrp/BOYAmt01068570
IRS990/TotalAssetsGrp/EOYAmt01199924
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01392975

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