2020-11-13T13:19:11-06:00 2019-12-31 560574444 CHERRY BEKAERT LLP 222 CENTRAL PARK AVE STE 1400 VIRGINIA BEACH VA 23462 990 2019-01-01 540600387 HAMPTON ROADS ECONOMIC DEVELOPMENT ALLIANCE HAMP 7576272315 500 E MAIN STREET NO 1300 NORFOLK VA 23510 DOUGLAS L SMITH PRESIDENT & CEO 7576272315 2020-11-11 1 BARBARA SMITH P00632224 7574562400 70.174.75.197 2020-11-11 13:50:05 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9E789C369DA0114332A36430996983BB13702E05 2019 2021-01-29 14:40:06Z DOUGLAS L SMITH 500 E MAIN STREET NO 1300 NORFOLK VA 23510 2688093 0 X HAMPTONROADSALLIANCE.COM X 1997 VA THE MISSION OF THE HAMPTON ROADS ECONOMIC DEVELOPMENT ALLIANCE IS BUSINESS ATTRACTION--MARKETING VIRGINIA'S HAMPTON ROADS REGION AS THE PREFERRED LOCATION FOR BUSINESS INVESTMENT AND EXPANSION. ALL HREDA INITIATIVES ARE DESIGNED TO SECURE VISITS WITH QUALIFIED BUSINESS PROSPECTS. 30 30 17 75 0 0 2096976 2673798 5030 4679 4616 9616 0 0 2106622 2688093 0 0 0 0 1235006 1046026 63943 147000 169177 1013696 1157139 2312645 2350165 -206023 337928 2464385 2882254 35529 115470 2428856 2766784 X THE MISSION OF THE HAMPTON ROADS ECONOMIC DEVELOPMENT ALLIANCE IS BUSINESS ATTRACTION--MARKETING VIRGINIA'S HAMPTON ROADS REGION AS THE PREFERRED LOCATION FOR BUSINESS INVESTMENT AND EXPANSION. ALL HREDA INITIATIVES ARE DESIGNED TO SECURE VISITS WITH QUALIFIED BUSINESS PROSPECTS. 0 0 1745957 4679 THE ORGANIZATION PROMOTES ECONOMIC INVESTMENT AND BUSINESS EXPANSION IN THE HAMPTON ROADS AREA AND THROUGHOUT THE WORLD THROUGH MARKETING. 64584 THE ORGANIZATION PROVIDES RESEARCH RESOURCES THAT PROVIDE MATERIAL ABOUT THE HAMPTON ROADS REGION. 104609 THE ORGANIZATION IS INVOLVED WITH ATTRACTING AND RETAINING INVESTORS THROUGH INVESTOR RELATIONS INITIATIVES. 1915150 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 0 0 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 0 1 1 1 1 0 VA X X THE CORPORATE OFFICERS 7576222312 500 E MAIN STREET SUITE 700 NORFOLK VA 23510 BRIAN SKINNER CHAIR 1.00 X X 0 0 0 CHARLES MCPHILLIPS TREASURER 1.00 X X 0 0 0 JOSEPH WITT SECRETARY 1.00 X X 0 0 0 WILLIAM E KING VP INVESTOR RELATIONS 1.00 X X 0 0 0 CHUCK RIGNEY VP ECONOMIC DEVELOPMENT 1.00 X X 0 0 0 C GRIGSBY SCIFRES IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 C MAX BARTHOLOMEW JR DIRECTOR 0.30 X 0 0 0 R RANDOLPH COOK DIRECTOR 0.30 X 0 0 0 MARK DREYFUS DIRECTOR 0.30 X 0 0 0 ROBERT DYER DIRECTOR 0.30 X 0 0 0 GEORGE FAATZ DIRECTOR 0.30 X 0 0 0 LARRY CHIP FILER DIRECTOR 0.30 X 0 0 0 CAREY FREEMAN DIRECTOR 0.30 X 0 0 0 RICHARD DICK LEE GRICE DIRECTOR 0.30 X 0 0 0 SUSAN JACOBS DIRECTOR 0.30 X 0 0 0 LINDA JOHNSON DIRECTOR 0.30 X 0 0 0 HOWARD KERN DIRECTOR 0.30 X 0 0 0 BUDDY LEAGUE DIRECTOR 0.30 X 0 0 0 MCKINLEY PRICE DDS DIRECTOR 0.30 X 0 0 0 FRANK RABIL DIRECTOR 0.30 X 0 0 0 CYNTHIA D ROHLF DIRECTOR 0.30 X 0 0 0 JOHN ROWE JR DIRECTOR 0.30 X 0 0 0 MARTIN THOMAS JR DIRECTOR 0.30 X 0 0 0 DONNIE TUCK DIRECTOR 0.30 X 0 0 0 RICHARD WEST DIRECTOR 0.30 X 0 0 0 SHAWN AVERY EX-OFFICIO 0.30 X 0 0 0 HUGH PATTERSON EX-OFFICIO 0.30 X 0 0 0 JOHN REINHART EX-OFFICIO 0.30 X 0 0 0 HOBIE RITZEL EX-OFFICIO 0.30 X 0 0 0 JIM SPORE EX-OFFICIO 0.30 X 0 0 0 ROBERT HERBERT INTERIM PRESIDENT & CEO THRU 8/30/19 37.50 X 136160 0 695 DOUGLAS SMITH PRESIDENT & CEO START 9/9/19 37.50 X 96769 0 190 232929 0 885 1 0 0 0 0 1444688 1229110 2673798 ANNUAL MEETING 900099 4659 4659 20 20 4679 9616 9616 2688093 4679 0 9616 233813 197980 35833 669082 566541 102541 24647 20986 3661 49909 35627 14282 68575 58048 10527 2488 2488 8200 8200 147000 147000 21600 21600 193163 193163 59112 45294 13818 100528 87459 13069 35717 27035 8682 9301 4522 4779 11645 10149 1496 10870 2500 8370 PROGRAMS 566481 566481 EQUIPMENT SERVICES 51008 43723 7285 PROFESSIONAL DEVELOPMEN 22177 22177 MIS SERVICES 20500 11716 8784 44349 43926 423 2350165 1915150 265838 169177 556637 820500 1848291 1756626 13834 245793 16909 29796 316208 286669 28714 29539 2464385 2882254 35529 81803 33667 35529 115470 X 2428856 2766784 2428856 2766784 2464385 2882254 337928 0 X 0 1 X 1 0 X 2673798 2673798 2673798 2673798 46332 2627466 9616 9616 2683414 4679 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21346 21346 0 266990 237451 29539 27872 27872 0 29539 X 2688093 0 2688093 0 2688093 2350165 0 2350165 0 2350165 PART X, LINE 2: THE ALLIANCE WAS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE IRC THROUGH MARCH 24, 2019. AS OF MARCH 25, 2019, THE ALLIANCE OBTAINED EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE IRC. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE ALLIANCE HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2019. GERMANY 0 0 PROGRAM SERVICES INVESTMENT PROMOTION SUPPORT SERVICES IN EUROPE 119754 0 0 0 0 0 0 119754 0 119754 0 0 0 0 0 0 PART III ACCOUNTING METHOD: X 1 CONVERGENT NONPROFIT SOLUTIONS 2451 CUMBERLAND PARKWAY SUITE 367 ATLANTA GA 30339 CAMPAIGN MANAGEMENT 0 67500 147000 -79500 67500 147000 -79500 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY SCHEDULE G, PART I, LINE 2B, COLUMN (V) OUT-OF-POCKET EXPENSES INCURRED BY CONVERGENT, ITS AGENTS, CONTRACTORS, OR AFFILIATES WILL BE REIMBURSED BY HAMPTON ROADS EDA UPON SUBMISSION OF A REGULAR EXPENSE REPORT AND APPROPRIATE SUPPORTING DOCUMENTATION. CONVERGENT WILL COMPILE A SUMMARY OF EXPENSES AND SUBMIT MONTHLY STATUS REPORTS. SUCH EXPENSES WILL INCLUDE TRAVEL, LODGING, TRANSPORTATION, AND $51 PER DIEM (OR WHATEVER THE CURRENT FEDERAL RATE IS). NO EXPENDITURES WILL BE MADE WITHOUT THE ORGANIZATION'S PRIOR APPROVAL. THE ORGANIZATION WILL PAY DIRECTLY FOR ANY OTHER NECESSARY AND MUTUALLY AGREED UPON CAMPAIGN-RELATED EXPENSES IF NEEDED, INCLUDING ON-SITE ADMINISTRATIVE SUPPORT, OFFICE SUPPLIES, POSTAGE, PRINTING, EVENTS, COLLATERAL PRODUCTION, ETC. DURING 2019, CONVERGENT INCURRED $22,001 OF EXPENSES THAT THE ORGANIZATION REIMBURSED THEM FOR WHICH IS SEPARATE FROM THE $147,000 OF PROFESSIONAL FUNDRAISING SERVICES LISTED IN PART I. 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 VI, SECTION B, LINE 11B THE ORGANIZATION HAS CREATED A COMMITTEE RESPONSIBLE FOR REVIEWING FORM 990 PRIOR TO ITS FILING. THE DRAFT FORM 990 WAS ALSO UPLOADED TO GUIDESTAR AND THE EMAIL WAS SENT NOTIFIYING THE BOARD MEMBERS THAT IT WAS AVAILABLE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 PRESIDENTS'S COMPENSATION IS APPROVED BY THE OFFICERS COMMITTEE MADE UP OF THE CHAIR, CHAIR-ELECT, SECRETARY & TREASURER. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION MAKES GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. HAMPTON ROADS CHAMBER FOUNDATION 101 WEST MAIN STREET STE 800 NORFOLK VA 23510 510284315 ECONOMIC DEVELOPMENT VA 501(C)(3) 509(A)(1) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 HAMPTON ROADS CHAMBER FOUNDATION C 6500 COST ALLOCATION