Nonprofit · EIN 54-1866278
SOUTHERN VIRGINIA HIGHER EDUCATION FOUNDATION INC
Tax-exempt · SOUTH BOSTON, VA 24592
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,840,388 | $1,614,806 | $225,582 | $18,646,831 | $304,265 | $18,342,566 |
| June 30, 2024 | 990 | $1,108,803 | $1,161,276 | -$52,473 | $18,438,663 | $321,679 | $18,116,984 |
| June 30, 2023 | 990 | $1,052,798 | $1,408,718 | -$355,920 | $18,486,837 | $462,120 | $18,024,717 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $485,500
- Program service revenue
- $1,080,489
- Investment income
- $274,399
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $242,682
- Salaries, compensation and benefits (total)
- $242,682
- Professional fundraising fees
- $0
- Depreciation
- $599,966
- Program services (functional)
- $1,098,097
- Management and general (functional)
- $392,190
- Fundraising (functional)
- $124,519
Balance sheet and other
- Total assets, start of year
- $18,438,663
- Total assets, end of year
- $18,646,831
- Total liabilities, end of year
- $304,265
- Net assets, end of year
- $18,342,566
- Land, buildings and equipment
- $14,887,741
- Publicly traded securities
- $2,757,939
- Net assets without donor restrictions
- $17,231,694
- Net assets with donor restrictions
- $1,110,872
- Gross receipts
- $1,840,388
- Employees
- 2
- Year formed
- 1997
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THE HON WW TED BENNETT | DIRECTOR Trustee or director | – | $0 |
| BRIAN BURTON | SECRETARY Trustee or director, Officer | – | $0 |
| JOHN R CANNON | DIRECTOR Trustee or director | – | $0 |
| NED COVINGTON | DIRECTOR Trustee or director | – | $0 |
| JEFF DAVIS | TREASURER Trustee or director, Officer | – | $0 |
| STERLING EDMUNDS | DIRECTOR Trustee or director | – | $0 |
| JAYNE PENNINGTON ELLIOTT | DIRECTOR Trustee or director | – | $0 |
| MONICA HODGES | CHAIRMAN Trustee or director, Officer | – | $0 |
| BEN J DAVENPORT JR | DIRECTOR Trustee or director | – | $0 |
| DAWN MILLER | DIRECTOR Trustee or director | – | $0 |
| LINDA OWEN | DIRECTOR Trustee or director | – | $0 |
| EDWARD OWENS | DIRECTOR Trustee or director | – | $0 |
| HUBERT PANNELL | DIRECTOR Trustee or director | – | $0 |
| REBECCA SAUNDERS | DIRECTOR Trustee or director | – | $0 |
| DARDEN SMITH | DIRECTOR Trustee or director | – | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATRICIA WALKER | VICE CHAIRMA Trustee or director, Officer | – | $0 |
| DENNIS WITT | DIRECTOR Trustee or director | – | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THE HON WW TED BENNETT | DIRECTOR Trustee or director | – | $0 |
| BRIAN BURTON | SECRETARY Trustee or director, Officer | – | $0 |
| JOHN R CANNON | DIRECTOR Trustee or director | – | $0 |
| NED COVINGTON | DIRECTOR Trustee or director | – | $0 |
| JEFFREY L DAVIS | TREASURER Trustee or director, Officer | – | $0 |
| STERLING EDMUNDS | DIRECTOR Trustee or director | – | $0 |
| JAYNE PENNINGTON ELLIOTT | DIRECTOR Trustee or director | – | $0 |
| KRISTY JOHNSON | DIRECTOR Trustee or director | – | $0 |
| BEN J DAVENPORT JR | DIRECTOR Trustee or director | – | $0 |
| DAWN MILLER | DIRECTOR Trustee or director | – | $0 |
| LINDA OWEN | DIRECTOR Trustee or director | – | $0 |
| EDWARD OWENS | DIRECTOR Trustee or director | – | $0 |
| HUBERT PANNELL | DIRECTOR Trustee or director | – | $0 |
| MONICA POUNDS | PRESIDENT Trustee or director, Officer | – | $0 |
| REBECCA SAUNDERS | DIRECTOR Trustee or director | – | $0 |
| DARDEN SMITH | DIRECTOR Trustee or director | – | $0 |
| PATRICIA WALKER | VICE PRESIDE Trustee or director, Officer | – | $0 |
| DENNIS WITT | DIRECTOR Trustee or director | – | $0 |
990 for the year ended June 30, 2023: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THE HON WW TED BENNETT | DIRECTOR Trustee or director | – | $0 |
| BRIAN BURTON | SECRETARY Trustee or director, Officer | – | $0 |
| JOHN R CANNON | DIRECTOR Trustee or director | – | $0 |
| NED COVINGTON | DIRECTOR Trustee or director | – | $0 |
| JEFF DAVIS | TREASURER Trustee or director, Officer | – | $0 |
| MONICA EDMONDS | CHAIRMAN Trustee or director, Officer | – | $0 |
| STERLING EDMUNDS | DIRECTOR Trustee or director | – | $0 |
| JAYNE PENNINGTON ELLIOTT | DIRECTOR Trustee or director | – | $0 |
| KRISTY JOHNSON | DIRECTOR Trustee or director | – | $0 |
| BEN J DAVENPORT JR | DIRECTOR Trustee or director | – | $0 |
| DAWN MILLER | DIRECTOR Trustee or director | – | $0 |
| LINDA OWEN | DIRECTOR Trustee or director | – | $0 |
| EDWARD OWENS | DIRECTOR Trustee or director | – | $0 |
| HUBERT PANNELL | DIRECTOR Trustee or director | – | $0 |
| REBECCA SAUNDERS | DIRECTOR Trustee or director | – | $0 |
| DARDEN SMITH | DIRECTOR Trustee or director | – | $0 |
| PATRICIA WALKER | VICE CHAIRMA Trustee or director, Officer | – | $0 |
| DENNIS WITT | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 820 BRUCE ST, SOUTH BOSTON, VA 24592-3815
- Principal officer (990 for 2024)
- MONICA HODGES
- Signed the 990
- MONICA HODGES, CHAIRMAN
- Return prepared by
- ROBINSON FARMER COX ASSOCIATES
Mission
TO PROMOTE AND ENHANCE CONTINUING EDUCATIONAL OPPORTUNITIES FOR THE CITIZENS OF HALIFAX COUNTY, VA AND THE SURROUNDING AREAS.
Program accomplishments
- MAINTENANCE, PURCHASE, ADMINISTRATION AND OTHER EXPENSES FOR THE OPERATION OF THE BUILDINGS AND GROUNDS LEASED TO THE SOUTHERN VIRGINIA HIGHER EDUCATION CENTER TO ENHANCE AND PROMOTE EDUCATIONAL OPPORTUNITIES. PROGRAM ACCOMPLISHMENTS INCLUDE GRANTS/DONATION OF EQUIPMENT TO THE SOUTHERN VIRGINIA HIGHER EDUCATION CENTER.Expenses $1,098,097
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1866278
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $18,646,831
- Income (IRS master file)
- $1,840,388
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,840,388 | $1,614,806 | $18,646,831 | IRS |
| 990 | June 2024 | $1,108,803 | $1,161,276 | $18,438,663 | IRS |
| 990 | June 2023 | $1,052,798 | $1,408,718 | $18,486,837 | XML |
| 990 | June 2022 | $501,304 | $1,483,455 | $18,790,348 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 54-1866278).
Questions about SOUTHERN VIRGINIA HIGHER EDUCATION FOUNDATION INC
- What is the EIN of SOUTHERN VIRGINIA HIGHER EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of SOUTHERN VIRGINIA HIGHER EDUCATION FOUNDATION INC is 54-1866278.
- Is SOUTHERN VIRGINIA HIGHER EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to SOUTHERN VIRGINIA HIGHER EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOUTHERN VIRGINIA HIGHER EDUCATION FOUNDATION INC 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 SOUTHERN VIRGINIA HIGHER EDUCATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTHERN VIRGINIA HIGHER EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SOUTHERN VIRGINIA HIGHER EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names MONICA HODGES.
- Who are the officers and directors of SOUTHERN VIRGINIA HIGHER EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 0 received compensation from the organization.
- How much revenue does SOUTHERN VIRGINIA HIGHER EDUCATION FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,840,388, expenses of $1,614,806 and total assets of $18,646,831 at year end.
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