2024-11-13T15:49:45-06:00 2023-12-31 541967771 CAVANAUGH NELSON PLC 999 WATERSIDE DRIVE SUITE 2250 NORFOLK VA 23510 990 2023-01-01 810938538 HAMPTON ROADS EXECUTIVE ROUNDTABLE HAMP 7579618181 3 COMMERCIAL PLACE 1320 NORFOLK VA 23510 NANCY GRDEN PRESIDENT & CEO 7579618181 2024-11-13 1 0 MARK A NELSON P00358004 7575784900 2023 2024-10-15 13:58:12Z X X NANCY GRDEN 3 COMMERCIAL PLACE 1320 NORFOLK VA 23510 1535070 0 X WWW.ROUNDTABLEHR.ORG X 2015 VA TO IMPROVE THE REGION'S TRAJECTORY OF ECONOMIC GROWTH AND COMPETITIVENESS THROUGH THOUGHT LEADERSHIP, ESTABLISHING AND MONITORING THE ECONOMIC DEVELOPMENT AND INNOVATION STRATEGY IN AN EQUITABLE MANNER, AND FOSTERING COLLABORATION AMONG ECONOMIC DEVELOPMENT PARTNERS. 37 32 4 61 0 0 822515 1535000 0 0 35 70 0 0 822550 1535070 0 0 0 0 538725 515977 0 0 0 208062 336345 746787 852322 75763 682748 406602 1720913 20624 652187 385978 1068726 X TO IMPROVE THE REGION'S TRAJECTORY OF ECONOMIC GROWTH AND COMPETITIVENESS THROUGH THOUGHT LEADERSHIP, ESTABLISHING AND MONITORING THE ECONOMIC DEVELOPMENT AND INNOVATION STRATEGY IN AN EQUITABLE MANNER, AND FOSTERING COLLABORATION AMONG ECONOMIC DEVELOPMENT PARTNERS. 0 0 517825 VIRGINIA INITIATIVE FOR GROWTH AND OPPORTUNITY: HAMPTON ROADS EXECUTIVE ROUNDTABLE SERVES AS THE SUPPORT ORGANIZATION FOR GO VA REGION 5. THE TIME COMMITTED TO FULFILL THAT ROLE INCLUDES PROCESSING AND MANAGING GRANTS AND PROVIDING STAFF SUPPORT TO THE REGIONAL COUNCIL. ONLY A PORTION OF THE COSTS INCURRED FOR STAFFING AND GRANT MANAGEMENT SUPPORT ARE RECOVERED THROUGH REMITTANCES ISSUED TO THE COMMONWEALTH OF VIRGINIA. ($ 534,731.93 WAS SPENT IN 2023 BY THE ROUNDTABLE FOR SALARIES/BENEFITS AND SPECIFIC OPERATIONAL COSTS SHARED WITH GO VA. OF THAT AMOUNT THE ROUNDTABLE WAS REIMBURSED $ 250,000). (CONTINUED ON SCHEDULE O)DEMONSTRATION SITE FOR CLEAN ENERGY TRANSITION TO GREEN HYDROGEN (HRH2): A GO VIRGINIA GRANT IN THE AMOUNT OF $ 1,497,452 WAS AWARDED TO ACCELERATE CLEAN ENERGY BASED ON THE FIELD OF GREEN HYDROGEN PRODUCTION. ACHIEVING THE OBJECTIVES OF THIS PROJECT WILL CREATE 750-800 NEW JOBS AND MOBILIZE OVER $200 MILLION IN POTENTIAL LOCAL CAPITAL INVESTMENTS IN NEW CLEAN ENERGY PROJECTS. THE ROUNDTABLE SERVES AS THE GRANTEE, WITH VIRGINIA TECH FOUNDATION AS THE SUBGRANTEE. TALENT PATHWAYS INITIATIVE (TPI): A $250,000 GRANT FUNDED A QUANTITATIVE AND QUALITATIVE SITUATIONAL ANALYSIS OF WORKFORCE NEEDS IN THE CYBERSECURITY/DATA ANALYTICS/MOD-SIM INDUSTRY CLUSTER AS WELL AS UNCREWED SYSTEMS & AEROSPACE. THE INFORMATION FROM THIS REPORT WILL BE USED TO ENSURE THE TALENT NEEDS MEETS THE FUTURE DEMAND IN THESE INDUSTRY SECTOR, WHICH ARE CURRENTLY EXPERIENCING SUBSTANTIAL GROWTH IN THE US MARKET AND THE REGION.2023 GROWTH AND DIVERSIFICATION PLAN: THE HAMPTON ROADS EXECUTIVE ROUNDTABLE AND THE GO VIRGINIA REGION 5 COUNCIL CONTRACTED WITH THE ODU DRAGAS CENTER FOR ECONOMIC ANALYSIS AND POLICY TO UPDATE THE REGION'S ECONOMIC GROWTH AND DIVERSIFICATION PLAN, AS REQUIRED BY THE STATE EVERY TWO YEARS. THE PLAN GUIDES INVESTMENTS MADE THROUGH THE GO VIRGINIA GRANT PROGRAM TO GROW THE REGIONAL ECONOMY, THROUGH TALENT/WORKFORCE DEVELOPMENT, INDUSTRY CLUSTER SCALE-UP, ASSISTING START-UPS, SITE READINESS AND INFRASTRUCTURE DEVELOPMENT. ($40,000 WAS SPENT IN 2023 TO UPDATE THE PLAN). THREE GRANTS WERE AWARDED IN 2023 TOTALING $ 1,847,452, FOR PROJECTS THAT ALIGN WITH THE PLAN.JEFFERSON LAB HIGH PERFORMANCE DATA FACILITY: THE US DEPARTMENT OF ENERGY SELECTED THOMAS JEFFERSON LAB NATIONAL ACCELERATOR FACILITY (JLAB) AS THE LEAD FOR ITS NEW HIGH PERFORMANCE DATA FACILITY HUB, IN PARTNERSHIP WITH DOE'S LAWRENCE BERKELEY NATIONAL LAB. THE HUB WILL BE A $300-$500M COMPUTING AND DATA INFRASTRUCTURE RESOURCE THAT WILL PROVIDE TRANSFORMATIONAL CAPABILITIES FOR DATA ANALYSIS, NETWORKING AND STORAGE FOR THE NATION'S RESEARCH ENTERPRISE. WHILE NO SPECIFIC MONETARY INVESTMENT WAS MADE BY THE HAMPTON ROADS EXECUTIVE ROUNDTABLE IN 2023, THIS PROJECT WILL LEAD TO FUTURE INVESTMENTS THAT WILL CAPITALIZE ON THIS UNIQUE ASSET. 517825 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 4 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 37 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 VA X X THE ORGANIZATION 7579618181 3 COMMERCIAL PLACE 1320 NORFOLK VA 23510 NANCY GRDEN PRESIDENT & CEO 40.00 X X 250000 0 0 CLIFF FLEET CO-CHAIRMAN 2.00 X X 0 0 0 DEBORAH M DICROCE DIRECTOR 2.00 X 0 0 0 G ROBERT ASTON JR DIRECTOR 2.00 X 0 0 0 THOMAS FRANTZ DIRECTOR 2.00 X 0 0 0 RONY THOMAS DIRECTOR 2.00 X 0 0 0 ALAN WITT DIRECTOR 2.00 X 0 0 0 KEVIN MURPHY DIRECTOR 2.00 X 0 0 0 JOHN LAWSON DIRECTOR 2.00 X 0 0 0 HARRY LESTER DIRECTOR 2.00 X 0 0 0 JENNIFER R BOYKIN DIRECTOR 2.00 X 0 0 0 GILBERT BLAND DIRECTOR 2.00 X 0 0 0 DENNIS MATHEIS CO-CHAIRMAN 2.00 X X 0 0 0 ROBERT CRUM DIRECTOR 2.00 X 0 0 0 JAVAUNE ADAMS-GASTON PHD DIRECTOR 2.00 X 0 0 0 FRANK BATTEN DIRECTOR 2.00 X 0 0 0 GLENN CARRINGTON DIRECTOR 2.00 X 0 0 0 GEORGE BIRDSONG DIRECTOR 2.00 X 0 0 0 BRUCE BRADLEY DIRECTOR 2.00 X 0 0 0 TOWUANNA PORTER BRANNON PHD DIRECTOR 2.00 X 0 0 0 MILES LEON DIRECTOR 2.00 X 0 0 0 DOUG SMITH DIRECTOR 2.00 X 0 0 0 BILL VAN BUREN DIRECTOR 2.00 X 0 0 0 NNEKA CHIAZOR DIRECTOR 2.00 X 0 0 0 BILL DOWNEY DIRECTOR 2.00 X 0 0 0 MARK DREYFUS DIRECTOR 2.00 X 0 0 0 ROBERT DUVALL DIRECTOR 2.00 X 0 0 0 STEPHEN A EDWARDS DIRECTOR 2.00 X 0 0 0 LOUIS HADDAD DIRECTOR 2.00 X 0 0 0 BRIAN O HEMPHILL PHD DIRECTOR 2.00 X 0 0 0 THOMAS INGLIMA DIRECTOR 2.00 X 0 0 0 JOHN MALBON DIRECTOR 2.00 X 0 0 0 JERRY MILLER DIRECTOR 2.00 X 0 0 0 VINCE MASTRACCO DIRECTOR 2.00 X 0 0 0 WILLIAM MURRARY DIRECTOR 2.00 X 0 0 0 ROBIN RAY DIRECTOR 2.00 X 0 0 0 BRUCE THOMPSON DIRECTOR 2.00 X 0 0 0 DAVID WHITE DIRECTOR 2.00 X 0 0 0 SHAWN AVERY DIRECTOR 2.00 X 0 0 0 STUART HENDERSON PHD DIRECTOR 2.00 X 0 0 0 BRYAN STEPHENS DIRECTOR 2.00 X 0 0 0 MATTHEW SWARTZ DIRECTOR 2.00 X 0 0 0 DONNNA S MORRIS EXECUTIVE VICE PRESIDENT 40.00 X 130072 0 16500 380072 0 16500 2 0 1 0 0 250000 1285000 1535000 70 70 1535070 0 0 70 451156 272308 178848 35320 21192 14128 29501 17701 11800 2089 2089 19675 19675 60381 60381 12943 6471 6472 27528 13764 13764 33860 16930 16930 1248 624 624 8545 4272 4273 2437 1218 1219 6331 3165 3166 CONTRACTED SERVICES AND 159053 159053 OTHER EXPENSES 2255 1127 1128 852322 517825 334497 0 349323 1665535 54939 46549 32065 23236 2340 8829 406602 1720913 20624 35229 0 616958 20624 652187 X 385978 1068726 385978 1068726 406602 1720913 682748 0 X 0 1 X 0 0 X 820480 827256 739106 822515 1535000 4744357 820480 827256 739106 822515 1535000 4744357 4744357 60 39 36 35 70 240 4744597 0.99990 0.99990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32065 23236 8829 8829 DUE TO SUBGRANTEE ORGANIZATIONS 616958 616958 X 1535070 0 1535070 0 1535070 852322 0 852322 0 852322 PART X, LINE 2: REINVENT HAMPTON ROADS RECEIVED A RULING FROM THE INTERNAL REVENUE SERVICE THAT IT IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND THAT BASED ON ITS ACTIVITIES IT IS CONSIDERED A PUBLIC CHARITY. ACCORDINGLY, NO PROVISION FOR INCOME OR EXCISE TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. REINVENT HAMPTON ROADS TAX RETURNS WILL BE SUBJECT TO EXAMINATION BY AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THE RETURNS ARE FILED. 0 0 0 0 0 0 0 0 0 NANCY GRDEN PRESIDENT & CEO 250000 0 0 0 0 0 0 0 0 0 250000 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B N/A FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE PROVIDED UPON REQUEST.