Nonprofit · EIN 54-1998119
HENRICO INC
Tax-exempt · VIRGINIA BCH, VA 23464
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,100,000 | $798,930 | $301,070 | $13,116,748 | $4,801,098 | $8,315,650 |
| June 30, 2024 | 990 | $1,100,000 | $736,493 | $363,507 | $13,024,823 | $3,910,242 | $9,114,581 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $1,100,000
- Other revenue
- $1,100,000
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $798,517
- Program services (functional)
- $798,930
Balance sheet and other
- Total assets, start of year
- $13,024,823
- Total assets, end of year
- $13,116,748
- Total liabilities, end of year
- $4,801,098
- Net assets, end of year
- $8,315,650
- Land, buildings and equipment
- $13,115,067
- Net assets without donor restrictions
- $8,315,650
- Gross receipts
- $1,100,000
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2001
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Louis Isakoff | President Officer | 0 | $0 | $401,478 | $43,841 |
990 for the year ended June 30, 2024: 1 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Louis Isakoff | President Officer | 0 | $0 | $392,077 | $43,103 |
Address and contacts
- Address (IRS master file)
- 1000 REGENT UNIVERSITY DR, VIRGINIA BCH, VA 23464-5037
- In care of
- % REGENT UNIVERSITY
- Principal officer (990 for 2024)
- Louis Isakoff, 1000 Regent University Drive, Virginia Beach, VA 23464
- Signed the 990
- Louis Isakoff, President
- Phone
- (757) 352-4059
Mission
Title holding company
Program accomplishments
- Wholly owned title holding company.Expenses $798,930 · revenue $1,100,000
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
- 54-1998119
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B114)
- Assets (IRS master file)
- $13,116,748
- Income (IRS master file)
- $1,100,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,100,000 | $798,930 | $13,116,748 | IRS |
| 990 | June 2024 | $1,100,000 | $736,493 | $13,024,823 | XML |
| 990 | June 2023 | $1,100,000 | $746,331 | $13,046,831 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 54-1998119).
Questions about HENRICO INC
- What is the EIN of HENRICO INC?
- The employer identification number (EIN) of HENRICO INC is 54-1998119.
- Is HENRICO INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2001.
- Are donations to HENRICO INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does HENRICO 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 HENRICO 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 HENRICO 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 HENRICO INC?
- The 990 for the year ended June 30, 2025 names Louis Isakoff.
- Who are the officers and directors of HENRICO INC?
- The 990 for the year ended June 30, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does HENRICO INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,100,000, expenses of $798,930 and total assets of $13,116,748 at year end.
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