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Nonprofit · EIN 54-1384692

CENTRAL BUSINESS DISTRICT ASSOCIATION

Tax-exempt · VIRGINIA BCH, VA 23462

Financials

$671K$629K2023$644K$624K2024
Revenue Expenses · by fiscal year end
Financials of CENTRAL BUSINESS DISTRICT ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$644,482$624,108$20,374$699,894$88,612$611,282
December 31, 2023990$671,440$629,140$42,300$700,291$109,383$590,908
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$604,147
Investment income
$3,926
Net income from fundraising events
$36,409
Other revenue
$36,409

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$121,276
Salaries, compensation and benefits (total)
$130,697
Professional fundraising fees
$0
Accounting fees
$13,595
Occupancy
$13,223
Program services (functional)
$550,454
Management and general (functional)
$12,670
Fundraising (functional)
$60,984

Balance sheet and other

Total assets, start of year
$700,291
Total assets, end of year
$699,894
Total liabilities, end of year
$88,612
Net assets, end of year
$611,282
Net assets without donor restrictions
$611,282
Gross receipts
$722,761
Employees
1
Volunteers
50
Year formed
1986
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 / weekCompensation
JEANNE EVANS COXEXECUTIVE DI
Highest-paid employee
–$121,276
RYAN ARCESEDIRECTOR
Trustee or director
–$0
MATT ASTRINEXECUTIVE
Trustee or director
–$0
LISA BAEHREDIRECTOR
Trustee or director
–$0
MIKE BARNEYEXECUTIVE
Trustee or director
–$0
DAVID BASTIAANSDIRECTOR
Trustee or director
–$0
CHRIS BEALEDIRECTOR
Trustee or director
–$0
BERNIE BOONEDIRECTOR
Trustee or director
–$0
JACOB CARASELLADIRECTOR
Trustee or director
–$0
ADAM CARROLLDIRECTOR
Trustee or director
–$0
SAM ESTEPEXECUTIVE
Trustee or director
–$0
CLAYTON FORBESDIRECTOR
Trustee or director
–$0
ERIC FOXDIRECTOR
Trustee or director
–$0
DAVE FRANCEVICE PRESIDE
Trustee or director
–$0
RICKY FRANTZDIRECTOR
Trustee or director
–$0
35 more people on this return
NameTitleHours / weekCompensation
RONNIE JOHNSONDIRECTOR
Trustee or director
–$0
EVAN KALFUSDIRECTOR
Trustee or director
–$0
YELENA LARATTADIRECTOR
Trustee or director
–$0
WILLIAM LASCARADIRECTOR
Trustee or director
–$0
JAMES MCCUNEDIRECTOR
Trustee or director
–$0
DAVE PARADISEDIRECTOR
Trustee or director
–$0
KATE PHILLEODIRECTOR
Trustee or director
–$0
KEVIN RACKEXECUTIVE
Trustee or director
–$0
JEFF ROBERTSONDIRECTOR
Trustee or director
–$0
TYLER ROSAEXECUTIVE
Trustee or director
–$0
AMELIA ROSS-HAMMONDDIRECTOR
Trustee or director
–$0
KIMBERLY SHEPHERDDIRECTOR
Trustee or director
–$0
HOWARD SYKESDIRECTOR
Trustee or director
–$0
BRIAN P WINFIELDDIRECTOR
Trustee or director
–$0
MIKE ZEIDERSDIRECTOR
Trustee or director
–$0
BENNETT ZIERDIRECTOR
Trustee or director
–$0
TONY CORTINASEXECUTIVE
Officer
–$0
GERALD S DIVARISFOUNDING MEM
Officer
–$0
MICHAEL B DIVARISDIRECTOR
Officer
–$0
TONY DIVARISSECRETARY
Officer
–$0
DARIAN FISHERVICE PRESIDE
Officer
–$0
ALI GUNBEYITREASURER
Officer
–$0
DANIEL HEATWOLEPRESIDENT
Officer
–$0
SCOTT KRYSTINIAKPRESIDENT
Officer
–$0
STEPHEN J MCNULTYIMMEDIATE PA
Officer
–$0
MARIANNE MELEEXECUTIVE
Officer
–$0
KATHY OWENSEXECUTIVE
Officer
–$0
ALBERT POOLEEXECUTIVE
Officer
–$0
RONALD C RIPLEYEXECUTIVE
Officer
–$0
LUCAS SALVAGEEXECUTIVE
Officer
–$0
BURRELL F SAUNDERSDIRECTOR
Officer
–$0
JOASH SCHULMANDIRECTOR
Officer
–$0
MARK E SLAUGHTEREXECUTIVE
Officer
–$0
FREDERICK J NAPOLITANO SRFOUNDING MEM
Officer
–$0
DANIJEL VELICKIEXECUTIVE
Officer
–$0
990 for the year ended December 31, 2023: 53 people
NameTitleHours / weekCompensation
MATT ASTRINDIRECTOR
Trustee or director
–$0
LISA BAEHREDIRECTOR
Trustee or director
–$0
MIKE BARNEYDIRECTOR
Trustee or director
–$0
C MAXWELL BARTHOLOMEWDIRECTOR
Trustee or director
–$0
ELWOOD BOONEDIRECTOR
Trustee or director
–$0
MATTHEW BRADYDIRECTOR
Trustee or director
–$0
STEVE BURKEDIRECTOR
Trustee or director
–$0
LISA CAFFERTYDIRECTOR
Trustee or director
–$0
ADAM CARROLLDIRECTOR
Trustee or director
–$0
LISA DECOSTEDIRECTOR
Trustee or director
–$0
MICHAEL B DIVARISDIRECTOR
Trustee or director
–$0
NATHAN DRORYDIRECTOR
Trustee or director
–$0
SAM ESTEPDIRECTOR
Trustee or director
–$0
ERIC FOXDIRECTOR
Trustee or director
–$0
DAVE FRANCEDIRECTOR
Trustee or director
–$0
JEFFREY GRAYDIRECTOR
Trustee or director
–$0
BRYAN HICKMANDIRECTOR
Trustee or director
–$0
KRISTEN HUBERDIRECTOR
Trustee or director
–$0
KEITH IRELANDDIRECTOR
Trustee or director
–$0
STEPHEN JONESDIRECTOR
Trustee or director
–$0
KRISTEN JURJEVICHCBDX PHILANT
Trustee or director
–$0
EVAN KALFUSDIRECTOR
Trustee or director
–$0
ANDREA KILMERDIRECTOR
Trustee or director
–$0
JAMES B LONERGANDIRECTOR
Trustee or director
–$0
JEFF MCWATERSDIRECTOR
Trustee or director
–$0
MIKE MOLZAHNDIRECTOR
Trustee or director
–$0
SUSAN MURPHYDIRECTOR
Trustee or director
–$0
DAVE PARADISEDIRECTOR
Trustee or director
–$0
MEAGAN PARKERDIRECTOR
Trustee or director
–$0
CHRIS PERRYDIRECTOR
Trustee or director
–$0
DANIEL PETERSONDIRECTOR
Trustee or director
–$0
HARRIS PEZZELLADIRECTOR
Trustee or director
–$0
SUSAN RALSTONDIRECTOR
Trustee or director
–$0
ERICA RORRERDIRECTOR
Trustee or director
–$0
TYLER ROSADIRECTOR
Trustee or director
–$0
BURRELL F SAUNDERSDIRECTOR
Trustee or director
–$0
HOWARD SYKESDIRECTOR
Trustee or director
–$0
MARIANNA WALKERDIRECTOR
Trustee or director
–$0
BRIAN P WINFIELDDIRECTOR
Trustee or director
–$0
CHAS WRIGHTDIRECTOR
Trustee or director
–$0
MIKE ZEIDERSDIRECTOR
Trustee or director
–$0
KAITLIN BURKETCBDX PRESIDE
Officer
–$0
GERALD S DIVARISFOUNDING MEM
Officer
–$0
LOUIS S HADDADEXECUTIVE
Officer
–$0
SHELLY HAMPTONVICE PRESIDE
Officer
–$0
DANIEL HEATWOLEEXECUTIVE
Officer
–$0
STEPHEN J MCNULTYTREASURER
Officer
–$0
KATHY OWENSEXECUTIVE
Officer
–$0
ALBERT POOLEEXECUTIVE
Officer
–$0
RONALD C RIPLEYEXECUTIVE
Officer
–$0
JOASH SCHULMANIMMED PAST P
Officer
–$0
MARK E SLAUGHTERSECRETARY
Officer
–$0
FREDERICK J NAPOLITANO SRFOUNDING MEM
Officer
–$0

Address and contacts

Address (IRS master file)
1 COLUMBUS CTR STE 611, VIRGINIA BCH, VA 23462-7837
Principal officer (990 for 2024)
JEANNE EVANS COX, 1 COLUMBUS CENTER, SUITE 611, VIRGINIA BEACH, VA 23462
Signed the 990
JEANNE EVANS COX, EXECUTIVE DIRECTOR
Phone
(757) 490-7812
Return prepared by
JONES CPA GROUP PC

Mission

THE CENTRAL BUSINESS DISTRICT ASSOCIATION OF VIRGINIA BEACH IS COMMITTED TO THE PURSUIT OF THE DEVELOPMENT AND IMPLEMENTATION OF A HIGH QUALITY MIXED-USE URBAN ENVIRONMENT FOR THE CENTRAL BUSINESS DISTRICT IN THE CITY OF VIRGINIA BEACH. THE MISSION OF THE ORGANIZATION WILL BE TO: 1) BUILD PUBLIC AWARENESS OF THE BENEFITS RESULTING FROM DEVELOPMENT OF THE CENTRAL BUSINESS DISTRICT AS THE CENTER FOR FINANCIAL, COMMERCIAL, PROFESSIONAL AND CULTURAL ACTIVITIES IN VIRGINIA BEACH. 2) STRENGTHEN THE VIRGINIA BEACH ECONOMIC BASE THROUGH THE EXPANSION OF EXISTING BUSINESSES IN AND THE ATTRACTION OF NEW BUSINESSES TO THE CENTRAL BUSINESS DISTRICT. 3 CREATE PUBLIC SPACES SUCH AS PARK AREAS WITHIN THE CENTRAL BUSINESS DISTRICT FOR COMMUNITY USE AND ENJOYMENT IN A SAFE AND CLEAN ENVIRONMENT. 4) CREATE NETWORKING OPPORTUNITIES FOR ITS MEMBERS TO ENHANCE THE ECONOMIC VITALITY OF ITS CONSTITUENCY 5) WORK WITH THE CITY TO SAFELY INTEGRATE ALL THE COMPONENT AREAS OF THE CENTRAL BUSINESS DISTRICT WITH EA

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION WAS CREATED TO PROMOTE THE GROWTH AND DEVELOPMENT OF THE PEMBROKE AREA OF VIRGINIA BEACH.
    revenue $604,147
  • THE ORGANIZATION WAS CREATED TO PROMOTE THE GROWTH AND DEVELOPMENT OF THE PEMBROKE AREA OF VIRGINIA BEACH.
    Expenses $550,454

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
54-1384692
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1986
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$699,894
Income (IRS master file)
$722,761

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$644,482$624,108$699,894IRS
990December 2023$671,440$629,140$700,291XML
990December 2022$645,096$428,089$577,608IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

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 54-1384692).

Questions about CENTRAL BUSINESS DISTRICT ASSOCIATION

What is the EIN of CENTRAL BUSINESS DISTRICT ASSOCIATION?
The employer identification number (EIN) of CENTRAL BUSINESS DISTRICT ASSOCIATION is 54-1384692.
Is CENTRAL BUSINESS DISTRICT ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1986.
Are donations to CENTRAL BUSINESS DISTRICT ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CENTRAL BUSINESS DISTRICT ASSOCIATION 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 CENTRAL BUSINESS DISTRICT ASSOCIATION 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 CENTRAL BUSINESS DISTRICT ASSOCIATION 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 CENTRAL BUSINESS DISTRICT ASSOCIATION?
The 990 for the year ended December 31, 2024 names JEANNE EVANS COX.
Who are the officers and directors of CENTRAL BUSINESS DISTRICT ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 50 people; 1 received compensation from the organization, the highest $121,276 (JEANNE EVANS COX, EXECUTIVE DI).
How much revenue does CENTRAL BUSINESS DISTRICT ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $644,482, expenses of $624,108 and total assets of $699,894 at year end.

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