2025-09-22T09:42:18-05:00 2024-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 222 CENTRAL PARK AVE STE 1400 VIRGINIA BEACH VA 23462 990 2024-01-01 541118356 NORFOLK FESTEVENTS LTD NORF 7574412345 120 WEST MAIN STREET NORFOLK VA 23510 KEVIN BRANDAL TREASURER 7574412345 2025-09-18 1 1 BREE-ANN WEIDNER P01319397 7574562400 2024 2025-03-06 01:10:19Z JUDY BARRETT 120 WEST MAIN STREET NORFOLK VA 23510 5982383 0 X WWW.FESTEVENTS.ORG X 1979 VA TO PRODUCE AND PROMOTE PERIODIC HARBOR SHOWS AND FESTIVALS AND PRESENT EXHIBITIONS 48 48 105 150 0 0 4627314 4052516 1811718 1746917 1200 144717 -7773 30961 6432459 5975111 0 0 0 0 1628444 1814121 0 0 99949 3567882 3495967 5196326 5310088 1236133 665023 5792698 6429698 461779 433756 5330919 5995942 X THE MISSION OF NORFOLK FESTEVENTS, LTD. IS TO BE OF SERVICE TO THE CITY IN PLANNING AND COORDINATION OF CITY SPONSORED EVENTS AND PROMOTIONS, TO PROVIDE LEADERSHIP IN THE INDUSTRY ON A LOCAL, REGIONAL, AND NATIONAL LEVEL, AND SUPPORT CHARITABLE, CIVIC, AND EDUCATIONAL PROGRAMS. 0 0 3985819 1746917 HARBOR SHOWS, FESTIVALS, AND EXHIBITIONS - THE ORGANIZATION PRODUCES AND PROMOTES VARIOUS EVENTS FOR THE EDUCATION, BENEFIT AND WELFARE OF THE CITIZENS OF HAMPTON ROADS, VIRGINIA. EVENTS INCLUDE, BUT ARE NOT LIMITED TO THE FOLLOWING: NORFOLK HARBORFEST, BAYOU BOOGALOO, HOLIDAYCELEBRATIONS, MUSIC FESTIVALS AND WINE FESTIVALS. 3985819 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 83 0 1 105 1 0 0 0 0 0 0 0 0 0 0 0 0 X 48 48 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X ELLEN ADAMS 7577542657 120 W MAIN ST NORFOLK VA 23510 EDWARD W WOLCOTT JR PRESIDENT (BEGAN 2/21/24) 3.00 0.00 X X 0 0 0 PRESTON I CARRAWAY III VICE PRESIDENT (BEGAN 2/21/24) 3.00 0.00 X X 0 0 0 RADM BE TOBIN SECRETARY 3.00 0.00 X X 0 0 0 KEVIN BRANDAL TREASURER 3.00 0.00 X X 0 0 0 JUDY BARRETT IMMEDIATE PAST PRES. (BEGAN 2/21/24) 3.00 0.00 X X 0 0 0 RUDY MIDDLETON III DIRECTOR (BEGAN 2/21/24) 3.00 0.00 X 0 0 0 RAFAELLE L ALLEN BOARD MEMBER 3.00 0.00 X 0 0 0 JACK ANKERSON BOARD MEMBER 3.00 0.00 X 0 0 0 VADM DAVID ARCHITZEL BOARD MEMBER 3.00 0.00 X 0 0 0 JIM BIBBS BOARD MEMBER 3.00 0.00 X 0 0 0 BARRY C BISHOP BOARD MEMBER 3.00 0.00 X 0 0 0 BRUCE T BISHOP BOARD MEMBER 3.00 0.00 X 0 0 0 VICTOR BRANNON BOARD MEMBER 3.00 0.00 X 0 0 0 CHARLIE CHURCH BOARD MEMBER 3.00 0.00 X 0 0 0 CURTIS COLE JR BOARD MEMBER 3.00 0.00 X 0 0 0 HUNTER COMPO MEREDITH BOARD MEMBER 3.00 0.00 X 0 0 0 EARLENE COYNER BOARD MEMBER 3.00 0.00 X 0 0 0 KENNY CROFTON BOARD MEMBER 3.00 0.00 X 0 0 0 ROBERT W CROSS BOARD MEMBER 3.00 0.00 X 0 0 0 THOMAS G CROSS BOARD MEMBER 3.00 0.00 X 0 0 0 MATTHEW CROWE BOARD MEMBER 3.00 0.00 X 0 0 0 S W DAWSON BOARD MEMBER 3.00 0.00 X 0 0 0 PHILLIP DECKER BOARD MEMBER 3.00 0.00 X 0 0 0 JIM FORRESTER BOARD MEMBER 3.00 0.00 X 0 0 0 RUSTY FRIDDELL BOARD MEMBER 3.00 0.00 X 0 0 0 D BARY FRYE JR BOARD MEMBER 3.00 0.00 X 0 0 0 CHUCK GRAY BOARD MEMBER 3.00 0.00 X 0 0 0 FINN HOST BOARD MEMBER 3.00 0.00 X 0 0 0 JAY C JONES BOARD MEMBER 3.00 0.00 X 0 0 0 JERRAULD C JONES BOARD MEMBER 3.00 0.00 X 0 0 0 LEIGH KEOGH BOARD MEMBER 3.00 0.00 X 0 0 0 KURT KRAUSE BOARD MEMBER 3.00 0.00 X 0 0 0 JAN LOWRY BOARD MEMBER 3.00 0.00 X 0 0 0 WILLIAM S MAGANN BOARD MEMBER 3.00 0.00 X 0 0 0 PATTY MICHAEL BOARD MEMBER 3.00 0.00 X 0 0 0 WILLIAM SHEP MILLER BOARD MEMBER 3.00 0.00 X 0 0 0 SHURL MONTGOMERY DIRECTOR (THRU 2/21/24) 3.00 0.00 X 0 0 0 ARTHUR W MOYE JR BOARD MEMBER 3.00 0.00 X 0 0 0 MATTHEW NUSBAUM BOARD MEMBER 3.00 0.00 X 0 0 0 FRANK RABENA BOARD MEMBER 3.00 0.00 X 0 0 0 CART RIXEY REILLY BOARD MEMBER 3.00 0.00 X 0 0 0 RAYMOND ROBBINS BOARD MEMBER 3.00 0.00 X 0 0 0 ROB ROBINS BOARD MEMBER 3.00 0.00 X 0 0 0 STEPHANIE SANKER BOARD MEMBER 3.00 0.00 X 0 0 0 ANN SULLIVAN BOARD MEMBER 3.00 0.00 X 0 0 0 OLGA TORRES BAKER BOARD MEMBER 3.00 0.00 X 0 0 0 JAMES WHITE BOARD MEMBER 3.00 0.00 X 0 0 0 WALTER J WILKINS II BOARD MEMBER 3.00 0.00 X 0 0 0 ROLF ANDERS WILLIAMS BOARD MEMBER 3.00 0.00 X 0 0 0 KAREN SCHERBERGER FORMER EXECUTIVE DIRECTOR 75.00 0.00 X 261758 0 33908 COMELL TED BAROODY EXECUTIVE DIRECTOR 75.00 0.00 X 170069 0 25429 PAUL MORRISON VP SALES/OPERATIONS 50.00 0.00 X 126297 0 23904 558124 0 83241 3 0 1 0 0 3012982 1039534 4052516 ADMISSIONS 711300 1116803 1116803 EVENT CONCESSIONS AND 711300 528108 528108 OTHER EVENT INCOME 711300 102006 102006 1746917 144717 144717 15119 7272 7847 7847 ADMIN SUPPLEMENT 900099 23114 23114 23114 5975111 1746917 0 175678 491164 491164 1102888 1102888 27314 27314 89695 89695 103060 84371 18689 3484 3484 17929 17929 188297 188297 175337 126059 49278 49606 35664 13942 51129 51129 27358 27358 83295 83295 142324 102325 39999 EVENTS 2657259 2366374 290885 LOGISTICS 54892 54892 COMMUNICATIONS 45057 45057 5310088 3985819 1224320 99949 5644643 6364938 1141389 1076629 148055 64760 5792698 6429698 461779 433756 461779 433756 X 0 0 0 0 5330919 5995942 5330919 5995942 5792698 6429698 665023 0 X 0 1 X 0 0 X 2466288 3277968 4906415 4627314 4052516 19330501 2466288 3277968 4906415 4627314 4052516 19330501 34706 19295795 392 534 6376 1200 144717 153219 7847 7847 23114 23114 19514681 6278999 0.98880 0.99950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 974630 942456 32174 166759 134173 32586 64760 X 5982383 0 5982383 -7272 -7272 5975111 5262088 35295 35295 5226793 83295 83295 5310088 PART X, LINE 2: THE ORGANIZATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENT; HOWEVER, ANY PENALTIES AND INTEREST INCURRED AS A RESULT OF UNCERTAIN TAX POSITIONS WOULD BE RECORDED AS OTHER EXPENSES. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE -7,272. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 7,272. PRINCIPAL PAYMENTS MADE 28,023. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION EXPENSE 83,295. GOLF TOURNAMENT 14006 14006 664 3713 1693 880 14006 14006 664 3713 1693 880 6950 7056 X 0 0 0 0 0 0 0 0 0 KAREN SCHERBERGER FORMER EXECUTIVE DIRECTOR 261758 0 0 0 0 0 18000 0 15908 0 295666 0 0 0 COMELL TED BAROODY EXECUTIVE DIRECTOR 170069 0 0 0 0 0 13402 0 12027 0 195498 0 0 0 PAUL MORRISON VP SALES/OPERATIONS 126297 0 0 0 0 0 10927 0 12977 0 150201 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS BARRY AND BRUCE BISHOP HAVE A FAMILY RELATIONSHIP. BOARD MEMBERS JAY AND JERRAULD JONES ALSO HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE CHAIRMAN AND TREASURER OF BOARD OF DIRECTORS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS EXPLAINED WITHIN THE EMPLOYEE HANDBOOK. EMPLOYEES ARE REQUIRED TO ACKNOWLEDGE THEY HAVE READ AND AGREE WITH ALL POLICIES DETAILED WITHIN THE HANDBOOK UPON HIRE. CONFLICT OF INTEREST EVALUATIONS ARE HELD ANNUALLY DURING BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A ALL COMPENSATION IS PRESENTED TO A PERSONNEL AND COMPENSATION COMMITTEE, WHICH IS A SUB-COMMITTEE OF THE BOARD OF DIRECTORS. ALL OF THE POSITIONS' SALARY AMOUNTS HAVE BEEN DETERMINED BASED UPON EXPERIENCE & INDUSTRY AVERAGES. CHANGES IN SALARIES ARE DISCUSSED ANNUALLY DURING BOARD OF DIRECTORS' MEETINGS. COMPENSATION AMOUNTS ARE VOTED ON BY THE CURRENT MEMBERS OF THE BOARD AT THAT TIME. FORM 990, PART VI, SECTION C, LINE 19 ORGANIZATION'S DOCUMENTS ARE AVAILABLE UPON REQUEST