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Nonprofit · EIN 51-0193842

THE VIRGINIA CHAMBER FOUNDATION

Tax-exempt · RICHMOND, VA 23219

Financials

$1.7M$1.5M2023$1.6M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of THE VIRGINIA CHAMBER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,550,702$1,854,903-$304,201$596,394$351,280$245,114
December 31, 2023990$1,657,905$1,511,137$146,768$707,964$158,649$549,315
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,535,346
Program service revenue
$0
Investment income
$15,356
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$1,844,003
Management and general (functional)
$10,900

Balance sheet and other

Total assets, start of year
$707,964
Total assets, end of year
$596,394
Total liabilities, end of year
$351,280
Net assets, end of year
$245,114
Net assets without donor restrictions
$245,114
Gross receipts
$1,550,702
Employees
0
Volunteers
14
Year formed
1976
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
BARRY DUVALCHAMBER PRES
Officer
40$0$658,078$10,350
ROBERT DUVALLCHAIR
Trustee or director, Officer
1$0$0$0
LINDA STANLEYFIRST VICE C
Trustee or director, Officer
1$0$0$0
LAKSHMI WILLIAMSIMM PAST CHA
Trustee or director, Officer
1$0$0$0
CHRIS KYLETREASURER
Trustee or director
1$0$0$0
GILBERT T BLANDDIRECTOR
Trustee or director
1$0$0$0
KATHARINE BONDDIRECTOR
Trustee or director
1$0$0$0
JANICE S CRAWFORDDIRECTOR
Trustee or director
1$0$0$0
BEN J DAVENPORT JRDIRECTOR
Trustee or director
1$0$0$0
BRAD HALLDIRECTOR
Trustee or director
1$0$0$0
STEWART T LEETHDIRECTOR
Trustee or director
1$0$0$0
MIKE MELODIRECTOR
Trustee or director
1$0$0$0
THOMAS L RANSOMDIRECTOR
Trustee or director
1$0$0$0
JENNIFER SICILIANODIRECTOR
Trustee or director
1$0$0$0
ERIC SISCODIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
BARRY DUVALCHAMBER PRES
Officer
40$0$641,779$44,239
LAKSHMI WILLIAMSCHAIR
Trustee or director, Officer
1$0$0$0
ROBERT DUVALLFIRST VICE C
Trustee or director, Officer
1$0$0$0
LINDA STANLEYTREASURER
Trustee or director, Officer
1$0$0$0
FRED THOMPSONIMM PAST CHA
Trustee or director
1$0$0$0
GILBERT T BLANDDIRECTOR
Trustee or director
1$0$0$0
JANICE S CRAWFORDDIRECTOR
Trustee or director
1$0$0$0
BEN J DAVENPORT JRDIRECTOR
Trustee or director
1$0$0$0
TAMMY FINLEYDIRECTOR
Trustee or director
1$0$0$0
MARK HOURIGANDIRECTOR
Trustee or director
1$0$0$0
CHRIS KYLEDIRECTOR
Trustee or director
1$0$0$0
STEWART T LEETHDIRECTOR
Trustee or director
1$0$0$0
MIKE MELODIRECTOR
Trustee or director
1$0$0$0
JENNIFER SICILIANODIRECTOR
Trustee or director
1$0$0$0
ERIC SISCODIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
919 E MAIN ST STE 900, RICHMOND, VA 23219-4601
In care of
% BARRY E DUVAL
Mailing address (990-N for 2014)
919 E Main Street, Richmond VA 23219
Principal officer (990 for 2024)
KEITH MARTIN, 919 E MAIN ST STE 900, RICHMOND, VA 23219
Principal officer (990-N for 2014)
Barry E DuVal, 919 E Main Street, Richmond VA 23219
Signed the 990
KEITH MARTIN, INTERIM CHAMBER PRES
Phone
(804) 644-1607
Return prepared by
WELLSCOLEMAN

Mission

TO STRENGTHEN VIRGINIA'S LONG-TERM COMPETITIVENESS THROUGH IMPLEMENTATION SUPPORT FOR BLUEPRINT VIRGINIA.

990 for the year ended December 31, 2024

Program accomplishments

  • THE CHAMBER FOUNDATION TRACKS VIRGINIA'S ECONOMIC COMPETITIVENESS, CONDUCTS RESEARCH AND ANALYSIS, AND HOSTS PROGRAMS - CONNECTED TO THE PRIORITIES OF BLUEPRINT VIRGINIA 2025. THE FOUNDATION IS CURRENTLY FOCUSED ON THE FOLLOWING PROGRAMS AND STUDIES: PROGRAMS: HIRE VETS NOW AND K-12 INNOVATION CHALLENGES; AND THE FOLLOWING STUDIES: BLUEPRINT VIRGINIA 2025 DASHBOARD, THE VALUE OF FREE ENTERPRISE, THE NATIONAL RANKINGS INITIATIVE AND QUARTERLY ECONOMIC REPORTS. FOUNDATION INVESTORS PLAY A MAJOR ROLE IN IMPLEMENTING THE GOALS OUTLINED IN BLUEPRINT VIRGINIA 2025 AND STRENGTHENING VIRGINIA'S BUSINESS CLIMATE.
    Expenses $1,844,003

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
51-0193842
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1976
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$596,394
Income (IRS master file)
$1,550,702

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,550,702$1,854,903$596,394XML
990December 2023$1,657,905$1,511,137$707,964XML
990December 2022$1,076,070$1,468,394$406,441IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2014
Officer: Barry E DuVal
December 31, 2014≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0193842).

Questions about THE VIRGINIA CHAMBER FOUNDATION

What is the EIN of THE VIRGINIA CHAMBER FOUNDATION?
The employer identification number (EIN) of THE VIRGINIA CHAMBER FOUNDATION is 51-0193842.
Is THE VIRGINIA CHAMBER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
Are donations to THE VIRGINIA CHAMBER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE VIRGINIA CHAMBER FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE VIRGINIA CHAMBER FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE VIRGINIA CHAMBER FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE VIRGINIA CHAMBER FOUNDATION?
The 990 for the year ended December 31, 2024 names KEITH MARTIN.
Who are the officers and directors of THE VIRGINIA CHAMBER FOUNDATION?
The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
How much revenue does THE VIRGINIA CHAMBER FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,550,702, expenses of $1,854,903 and total assets of $596,394 at year end.

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