2025-04-18T09:50:22+00:00 2024-06-30 440160260 Forvis Mazars LLP 120 E Palmetto Park Road Suite 403 Boca Raton FL 33432 990 2023-07-01 541749303 Greater Richmond Partnership Inc GREA 8046433227 800 E CANAL STREET SUITE 925 RICHMOND VA 23219 JENNIFER WAKEFIELD PRESIDENT/CEO 2025-04-18 true April Arnold P01559426 5612991820 2023-12-12 2023 2025-03-06 01:10:19Z JENNIFER WAKEFIELD 800 E CANAL STREET SUITE 925 RICHMOND VA 23219 3390495 false X WWW.GRPVA.COM X 1994 VA GRP'S PURPOSE IS TO PROMOTE THE ECONOMIC DEVELOPMENT OF THE RICHMOND METROPOLITAN AREA IN COOPERATION WITH MEMBER LOCAL GOVERNMENTS. MORE SPECIFICALLY, GRP'S PURPOSE IS TO (I) ATTRACT NEW BUSINESSES AND INDUSTRIES WITHIN THE JURISDICTION OF THE MEMBER LOCAL GOVERNMENTS, (II) RETAIN EXISTING BUSINESSES AND INDUSTRIES WITHIN THE JURISDICTIONS OF THE MEMBER LOCAL GOVERNMENTS AND (III) FACILITATE THE LOCATION OF NEW BUSINESSES AND INDUSTRIES, AND THE EXPANSION AND REDEVELOPMENT OF EXISTING BUSINESSES AND INDUSTRIES, WITHIN THE JURISDICTIONS OF THE MEMBER LOCAL GOVERNMENTS. 16 16 15 19 0 0 2936427 2743901 0 0 42384 230501 1392 680 2980203 2975082 0 0 0 0 1518935 1798054 0 0 179795 1185360 1506345 2704295 3304399 275908 -329317 5567234 5245256 1475736 1420425 4091498 3824831 GRP's mission is to aggressively generate economic opportunities that create quality jobs for residents in the region and increase the tax base for needed community services. false false 2525314 0 0 The Greater Richmond Partnership impacts the region through wealth creation, direct, indirect, and induced jobs, and direct, indirect, and induced wages. 2525314 true true false false false false false false false true false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 13 0 true 15 true false false false false false false false false false false false false X 16 16 false false false false true true false true true false false true true true true true true true true false VA X JENNIFER WAKEFIELD 8046433227 800 E CANAL STREET SUITE 925 RICHMOND VA 23219 Bobby Ukrop Chair Elect 5.0 X X 0 0 0 Charlene Whitfield Chair 5.0 X X 0 0 0 Cynthia Newbille Immediate Past Chair 1.0 X X 0 0 0 Jody Rogish Vice Chair 5.0 X X 0 0 0 Patricia O'Bannon Outgoing Vice Chair 5.0 X X 0 0 0 Chris Winslow Outgoing Director 1.0 X 0 0 0 Christina McClung Director 1.0 X 0 0 0 Christine Chmura Director 1.0 X 0 0 0 Jeff Wright Director 1.0 X 0 0 0 Jim Holland Director 1.0 X 0 0 0 Joe Casey Director 1.0 X 0 0 0 John Asbury Director 1.0 X 0 0 0 John Budesky Director 1.0 X 0 0 0 John Vithoulkas Director 1.0 X 0 0 0 Lincoln Saunders Director 1.0 X 0 0 0 Matt Conrad Director 1.0 X 0 0 0 Salvatore Mancuso Director 1.0 X 0 0 0 Shawn Davis Director 1.0 X 0 0 0 Anita Saunders Corp. Secretary/VP of Operations 40.0 X 109869 0 26002 Jennifer Wakefield President/CEO/CFO 40.0 X 312637 0 63158 Angela Oakes VP of Strategy 40.0 X 112900 0 21942 Charles Peterson VP of Research 40.0 X 125979 0 32544 Michael Ivey VP of Marketing and Communications 40.0 X 114953 0 23303 776338 0 166949 5 false true false 0 1732486 1011415 2743901 0 0 0 0 0 81724 81724 0 0 562546 1644 415413 147133 1644 148777 148777 miscellaneous income 561499 680 680 0 0 0 0 680 2975082 0 0 231181 556822 413661 143161 841958 641655 118069 82234 80318 60777 11314 8227 218800 167573 35073 16154 100156 75721 18146 6289 34175 34175 13227 13227 4407 0 4407 0 72834 29134 40787 2913 102752 102752 42864 21432 10716 10716 76872 38436 19218 19218 17679 7072 9900 707 Domestic Business Development 404499 404499 Marketing Support 315641 315641 Research Support Activities 209849 209849 International Business Development 89069 89069 122477 50795 38345 33337 3304399 2525314 599290 179795 1335184 1589033 85289 68260 1477538 824086 879 1823 0 0 0 0 89983 48465 682088 179815 558061 502273 1253936 1501893 0 0 766364 709423 5567234 5245256 320126 354764 0 0 1155610 1065661 1475736 1420425 X 4040347 3780489 51151 44342 4091498 3824831 5567234 5245256 -329317 62650 0 X X false true X true false X 1958307 2119614 3654717 2936427 2743901 13412966 0 0 1958307 2119614 3654717 2936427 2743901 13412966 135399 13277567 17568 12151 16997 41846 81724 170286 0 3571 811 307 1392 680 6761 13590013 0 0.9770 0.9858 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 3571.0, COLUMN B - 811.0, COLUMN C - 307.0, COLUMN D - 1392.0, COLUMN E - 680.0, COLUMN F - 6761.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 419495 69916 349579 144141 76797 67344 118452 33102 85350 502273 Security Deposits 7428 right of use asset operating lease, net 701995 709423 operating lease liability 1065661 1065661 X 3256841 62650 232336 0 294986 2961855 13227 0 13227 2975082 3523508 232336 0 232336 3291172 13227 0 13227 3304399 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote Greater Richmond Partnership, Inc. is exempt from income tax under the Internal Revenue Code Section 501(c)(3) and the tax statutes of the Commonwealth of Virginia. The accompanying financial statements do not reflect a provision or liability for federal and state income taxes. X X X X false false false false false false false false false Jennifer Wakefield President/CEO/CFO 274505 0 37524 0 608 0 37516 0 25642 0 375795 0 0 0 Charles Peterson VP of Research 119808 0 5918 0 253 0 15117 0 17427 0 158523 0 0 0 Form 990, Part VI, Line 15a & 15B - Process to Establish Compensation THE ORGANIZATION DETERMINES COMPENSATION FOR ALL EMPLOYEES, INCLUDING THE PRESIDENT, USING COMPARABILITY DATA. SUCH PROCESS IS CONTEMPORANEOUSLY DOCUMENTED AND INCLUDES A REVIEW AND APPROVAL BY THE CEO, AND IN THE CASE OF THE PRESIDENT, THE BOARD OF DIRECTORS. Form 990, Part VI, Line 6 Classes of members or stockholders There shall be one class of Members. The Members of the Corporation shall be the City of Richmond, Virginia, and the Counties of Chesterfield, Hanover, and Henrico, Virginia. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body Each locality (4) decides who, from their agency, will serve as their representative board member and as an alternate. Form 990, Part VI, Line 11b Review of form 990 by governing body AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE FORM 990 BASED UPON DATA AND SCHEDULES PREPARED BY THE STAFF. THE PRESIDENT/CEO AND CHIEF FINANCIAL OFFICER REVIEW THE COMPLETED FORM 990 AND ALL REQUIRED SCHEDULES. ANY QUESTIONS OR CONCERNS ARE ADDRESSED AND ANY NECESSARY CHANGES ARE MADE. THE FORM 990 WITH ALL REQUIRED SCHEDULES IS THEN PROVIDED TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. ANY BOARD MEMBER HAVING KNOWLEDGE OF ANY VIOLATION OF THIS POLICY SHALL PROMPTLY REPORT SUCH VIOLATION TO THE BOARD CHAIRMAN OR THE PRESIDENT. BOARD MEMBERS ARE REQUIRED TO REVIEW THIS POLICY AND INDICATE COMPLIANCE WITH THE POLICY ON AN ANNUAL BASIS. IF A CONFLICT DOES EXIST, THE BOARD MEMBER IS REMOVED FROM THE DISCUSSION AND/OR VOTE ON THE TRANSACTION. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XII, Line 2c Change of oversight process or selection process The process has not changed from the prior year.