2023-11-14T08:34:53-06:00 2022-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 222 CENTRAL PARK AVE STE 1400 VIRGINIA BEACH VA 23462 990 2022-01-01 510284315 HAMPTON ROADS CHAMBER FOUNDATION HAMP 7576222312 101 WEST MAIN STREET 800 NORFOLK VA 23510 SYLVIA HAINES SECRETARY 7576222312 2023-11-06 1 SYLVIA HAINES 999009999 0 BARBARA SMITH P00632224 7574562400 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z SYLVIA HAINES 101 WEST MAIN STREET 800 NORFOLK VA 23510 4630 0 X N/A X 1984 VA THE PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED ARE TO SOLICIT, RECEIVE, MANAGE AND DISTRIBUTE ASSETS AND FUNDS TO FURTHER THE WELFARE AND DEVELOPMENT OF THE HAMPTON ROADS VIRGINIA COMMUNITIES THROUGH PROGRAMS AND ACTIVITIES WHICH ARE EXCLUSIVELY CHARITABLE, SCIENTIFIC AND EDUCATIONAL IN PURPOSE, INCLUDING THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS WHICH QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE IRS CODE. 5 3 0 14 0 0 0 3003 0 1600 10 27 0 0 10 4630 2500 0 0 0 0 0 0 0 0 3675 7223 6175 7223 -6165 -2593 147516 164320 7483 26880 140033 137440 X THE PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED ARE TO SOLICIT, RECEIVE, MANAGE AND DISTRIBUTE ASSETS AND FUNDS TO FURTHER THE WELFARE AND DEVELOPMENT OF THE HAMPTON ROADS VIRGINIA COMMUNITIES THROUGH PROGRAMS AND ACTIVITIES WHICH ARE EXCLUSIVELY CHARITABLE, SCIENTIFIC AND EDUCATIONAL IN PURPOSE, INCLUDING THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS WHICH QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE IRS CODE. 0 0 FIFTEEN JURISDICTIONS IN SOUTHEASTERN VIRGINIA TO MARKET THE REGION NATIONALLY AND INTERNATIONALLY IN CONJUNCTION WITH THE RESOURCES ANDINVESTMENT OF THE BUSINESS COMMUNITY. THE MISSION OF THE HAMPTON ROADSECONOMIC DEVELOPMENT ALLIANCE IS BUSINESS ATTRACTION - MARKETINGVIRGINIA'S HAMPTON ROADS REGION AS THE PREFERRED LOCATION FOR BUSINESS INVESTMENT AND EXPANSION. LEAD HAMPTON ROADS -THE MISSION OF LEAD HAMPTON ROADS (LHR) IS TO BUILD AND STRENGTHEN REGIONAL LEADERSHIP THROUGH EDUCATION, PARTNERSHIPS AND NETWORKING ACROSS TRADITIONAL BOUNDARIES FOR THE PURPOSE OF IMPROVING THE QUALITY OF LIFE IN GREATER HAMPTON ROADS. LHR TAKES AN HONEST LOOK AT THE SOCIAL, ECONOMIC, POLITICAL AND EDUCATIONAL NEEDS WITHIN THE COMMUNITY AND THEN PUTS OUR LEADERS TO WORK. OUR PARTICIPANTS ARE PROVIDED THE OPPORTUNITY TO GAIN HANDS ON COMMUNITY DEVELOPMENT EXPERIENCE AND ARE ENCOURAGED TO TAKE CONSTRUCTIVE ACTION WHERE IT IS NEEDED MOST. 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 VA X X THE CORPORATE OFFICERS 7576222312 101 WEST MAIN STREET 800 NORFOLK VA 23510 X BRYAN K STEPHENS PRESIDENT 1.00 40.00 X X 0 280400 19182 SYLVIA M HAINES SECRETARY 1.00 40.00 X X 0 100000 14015 STEPHEN R ROMINE CHAIRMAN 1.00 1.00 X X 0 0 0 JIM BIBBS TREASURER 1.00 1.00 X X 0 0 0 CHRISTOPHER M STONE DIRECTOR 1.00 1.00 X 0 0 0 0 380400 33197 0 0 1 0 0 3003 3003 1600 1600 1600 27 27 4630 1600 0 27 3935 3935 60 60 HRSSA EXPENSES 3003 3003 TAXES 225 225 7223 0 7223 0 44775 61552 102741 102768 147516 164320 7483 26880 7483 26880 X 126383 123790 13650 13650 140033 137440 147516 164320 -2593 0 X 0 1 X 1 0 X 45500 11500 90000 0 3003 150003 45500 11500 90000 3003 150003 73485 76518 103 95 25 10 27 260 150263 0.50920 0.37310 X 0 X 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, 2022 AND 2021. 1 SCHOLARSHIPS N/A N/A PART I, LINE 2: ALL HAMPTON ROADS CHAMBER FOUNDATION FUNDS ARE USED TO FURTHER THE WELFARE AND DEVELOPMENT OF HAMPTON ROADS VIRGINIA COMMUNITIES. THE ORGANIZATION DOES NOT HAVE FORMAL MONITORING PROCEDURES, HOWEVER HAMPTON ROADS CHAMBER OF COMMERCE DOES THE ADMINISTRATION OF THEIR FINANCIAL ACTIVITIES AND THE CHAMBER'S PRESIDENT SITS ON THE HRCF EXECUTIVE COMMITTEE AND BOARD. X 0 0 0 0 0 0 0 0 0 BRYAN K STEPHENS PRESIDENT 0 275000 0 0 0 5400 0 17535 0 1647 0 299582 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE CHAIR AND THE SECRETARY 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 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. HAMPTON ROADS CHAMBER OF COMMERCE 101 WEST MAIN STREET SUITE 800 NORFOLK VA 23510 541252997 BUSINESS PROMOTION VA 501(C)(6) N/A YES 0 HAMPTON ROADS ECONOMIC DEVELOPMENT ALLIANCE 3 COMMERCIAL PLACE SUITE 1320 NORFOLK VA 23510 540600387 ECONOMIC DEVELOPMENT VA 501(C)(3) N/A NO 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0