Nonprofit · EIN 76-0771679
CVBBA
Also known as CAROLINA VIRGINIA BUSINESS BROKERS
Tax-exempt · RALEIGH, NC 27614
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $157,712 | $159,410 | -$1,698 | $127,296 | – | $127,296 |
| December 31, 2024 | 990-EZ | $161,317 | $131,912 | $29,405 | $128,995 | – | $128,995 |
| December 31, 2023 | 990-EZ | $131,159 | $115,874 | $15,285 | $99,591 | – | $99,591 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $143,285
- Program service revenue
- $14,427
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $27,283
- Printing, publications and postage
- $277
- Other expenses
- $131,850
Balance sheet and other
- Total assets, start of year
- $128,994
- Total assets, end of year
- $127,296
- Total liabilities, end of year
- –
- Net assets, end of year
- $127,296
- Cash, savings and investments
- $127,296
- Gross receipts
- $157,712
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VAN DAUGHTRY | PRESIDENT | 3 | $0 |
| AJ RAMSEY | VICE PRESIDE | 2 | $0 |
| JOE MOORMAN | TREASURER | 3 | $0 |
| BEN SHAW | SECRETARY | 2 | $0 |
| RICK CHESS | PAST PRESIDE | 1 | $0 |
| JOE DIGGS | DIRECTOR | 1 | $0 |
| ROBERT FISHER | DIRECTOR | 1 | $0 |
| MIKE KEEN | DIRECTOR | 1 | $0 |
| MIKE METZGER | DIRECTOR | 1 | $0 |
| HEATHER VALERI | DIRECTOR | 1 | $0 |
990-EZ for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VAN DAUGHTRY | PRESIDENT | 3 | $0 |
| AJ RAMSEY | VICE PRESIDE | 2 | $0 |
| JOE MOORMAN | TREASURER | 3 | $0 |
| BEN SHAW | SECRETARY | 2 | $0 |
| RICK CHESS | PAST PRESIDE | 1 | $0 |
| JOE DIGGS | DIRECTOR | 1 | $0 |
| ROBERT FISHER | DIRECTOR | 1 | $0 |
| MIKE KEEN | DIRECTOR | 1 | $0 |
| MIKE METZGER | DIRECTOR | 1 | $0 |
| HEATHER VALERI | DIRECTOR | 1 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD CHESS | PRESIDENT | 0 | $0 |
| VAN DAUGHTRY | VICE PRESIDE | 0 | $0 |
| LANAYAH MCCULLOUCH | SECRETARY | 0 | $0 |
| JOE MOORMAN | TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 10911 RAVEN RIDGE RD STE 103 PMB 80, RALEIGH, NC 27614-8363
- In care of
- % FRANK CHEBALO
- Mailing address (990-N for 2021)
- 4445 Corporation Lane - Suite 248, Virginia Beach VA 23462
- Principal officer (990-N for 2021)
- Frank Chebalo, 4445 Corporate Lane - Suite 248, Virginia Beach VA 23462
- Signed the 990-EZ
- JOE MOORMAN, TREASURER
- Phone
- (646) 573-7014
- Website
- HTTPS://WWW.CVBBA.COM/
- Return prepared by
- ACCOUNTING MANAGEMENT SOLUTIONS LLC
Mission
A NON-PROFIT CORPORATION CREATED TO UNITE THOSE ENGAGED IN THE SALE OF BUSINESS OPPORTUNITIES IN NORTH CAROLINA, SOUTH CAROLINA AND VIRGINIA FOR THE FOLLOWING PURPOSES: MAXIMIZE AND ENHANCE PUBLIC AWARENESS OF THE BUSINESS TRANSITION PROFESSION AND ASSOCIATION MEMBERS. PROMOTE THE PROFESSIONAL DEVELOPMENT OF MEMBERS THROUGH EDUCATIONAL OPPORTUNITIES AND NETWORKING. SUPPORT AN EFFICIENT MARKET FOR THE TRANSFER OF BUSINESS OWNERSHIP. DEVELOP AND ENCOURAGE A CODE OF ETHICS AMONG ITS MEMBERS TO SET HIGH STANDARDS OF CONDUCT AND PROFESSIONALISM.
Program accomplishments
- TO UNITE THOSE ENGAGED IN THE SALE OF BUSINESS OPPORTUNITIES IN NORTH CAROLINA, SOUTH CAROLINA AND VIRGINIA
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 76-0771679
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $127,296
- Income (IRS master file)
- $157,712
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $157,712 | $159,410 | $127,296 | XML |
| 990-EZ | December 2024 | $161,317 | $131,912 | $128,995 | XML |
| 990-EZ | December 2023 | $131,159 | $115,874 | $99,591 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Frank Chebalo | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: FRANK CHEBALO | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: FRANK CHEBALO | December 31, 2019 | ≤ $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 76-0771679).
Questions about CVBBA
- What is the EIN of CVBBA?
- The employer identification number (EIN) of CVBBA is 76-0771679.
- Is CVBBA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2008.
- Are donations to CVBBA tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CVBBA 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 CVBBA due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CVBBA last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of CVBBA?
- The 990-N for 2021 names Frank Chebalo.
- Who are the officers and directors of CVBBA?
- The 990-EZ for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does CVBBA have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $157,712, expenses of $159,410 and total assets of $127,296 at year end.
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All nonprofits in RALEIGH · North Carolina · Community improvement and capacity building