Skip to main content

Nonprofit · EIN 80-0565157

NEW CHESAPEAKE MEN FOR PROGRESS EDUCATION FOUNDATION

Tax-exempt · CHESAPEAKE, VA 23327

Financials

$118K$100K2023$179K$108K2024$187K$132K2025
Revenue Expenses · by fiscal year end
Financials of NEW CHESAPEAKE MEN FOR PROGRESS EDUCATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$187,227$132,010$55,217$316,582$0$316,582
December 31, 2024990$178,972$108,309$70,663$253,601$0$253,601
December 31, 2023990$117,834$99,936$17,898$182,938$0$182,938
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$180,058
of which government grants
$41,867
Membership dues
$2,914
Program service revenue
$0
Investment income
$7,169
Other revenue
$0

Expenses

Grants and similar amounts paid
$43,021
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$325
Accounting fees
$1,000
Program services (functional)
$43,021
Management and general (functional)
$16,703
Fundraising (functional)
$72,286

Balance sheet and other

Total assets, start of year
$253,601
Total assets, end of year
$316,582
Total liabilities, end of year
$0
Net assets, end of year
$316,582
Publicly traded securities
$39,737
Net assets without donor restrictions
$316,582
Gross receipts
$187,227
Employees
0
Year formed
2010
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM C BENNETT JR2ND VICE PRES
Trustee or director, Officer
5$0
DAVID K HAMILTON1ST VICE PRES
Trustee or director, Officer
5$0
TIMONTHY JONESSECERTARY
Trustee or director, Officer
5$0
HERMAN WARDDIRECTOR
Trustee or director
2$0
DUANE S MCNAIRTREASURER
Trustee or director, Officer
5$0
EDWARD HICKSDIRECTOR
Trustee or director
2$0
DONALD D LARRIMOREFINANCIAL SEC
Trustee or director, Officer
5$0
ERNEST LOWERYDIRECTOR
Trustee or director, Officer
2$0
ALVETTA ALEXANDERPRESIDENT
Trustee or director, Officer
10$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensation
Micah HallDirector
Trustee or director
2$0
William Clayton BennetDirector
Trustee or director
2$0
Edward R HicksDirector
Trustee or director
2$0
Herman WardDirector
Trustee or director
2$0
Ernest LoweryDirector
Trustee or director
2$0
David HamiltonDirector
Trustee or director
2$0
Alvetta AlexanderChairman of the Board
Officer
2$0
Donald D LarrimoreFinancial Secretary
Officer
2$0
George ReedSecretary
Officer
2$0
DUANE MCNAIR JRTreasurer
Officer
2$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
William Clayton BennetDirector
Trustee or director
1$0
Edward R HicksDirector
Trustee or director
1$0
Herman WardDirector
Trustee or director
1$0
Ernest LoweryDirector
Trustee or director
1$0
Micah HallDirector
Trustee or director
1$0
Alvetta AlexanderPresident
Officer
5$0
David HamiltonVice President
Officer
5$0
Donald D LarrimoreFinancial Secretary
Officer
5$0
George ReedSecretary
Officer
5$0
DUANE MCNAIR JRTreasurer
Officer
5$0

Address and contacts

Address (IRS master file)
PO BOX 1262, CHESAPEAKE, VA 23327-1262
In care of
% WILLIAM BENNETT
Principal officer (990 for 2025)
WILLIAM BENNETT, PO BOX 1262, CHESAPEAKE, VA 23327
Signed the 990
WILLIAM BENNETT, 2ND VICE PRESIDENT
Phone
(757) 650-0174
Return prepared by
H AND R BLOCK

Mission

TO PROVIDE EDUCATIONAL SCHOLARSHIPS, MENTORING, AND OTHER EDUCATIONAL PROGRAMS TO SUPPORT YOUTH IN THE CITY OF CHESAPEAKE.

990 for the year ended December 31, 2025

Program accomplishments

  • 24 COLLEGE SCHOLARSHIPS AWARDED TO CHESAPAEKE YOUTH IN THE AMOUNT OF 1000 EACH AT THE ANAUAL SCHOLARSHIP BREAKFAST
    Expenses $24,000
  • 5 SCHOLARSHIPS AWARDED TO CHESAPAEKE YOUTH FOR ART AND TRADE SCHOOL IN THE AMOUNT OF 1000 EACH
    Expenses $5,000
  • STUDENT ASSISTANCE AND BACK TO SCHOOL SUPPLIES
    Expenses $4,392
  • MENTORING
    Expenses $3,309
  • VARIOUS SCHOLARSHIPS AND AWARDS
    Expenses $3,070
  • DONATIONS TO QUALIFIED CHARTIBLE ORGANIZATIONS
    Expenses $3,250

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
80-0565157
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
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$316,582
Income (IRS master file)
$187,227

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$187,227$132,010$316,582IRS
990December 2024$178,972$108,309$253,601IRS
990December 2023$117,834$99,936$182,938XML
990December 2022$71,799$37,789$161,041IRS
990December 2021–––IRS
990December 2020–––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 80-0565157).

Questions about NEW CHESAPEAKE MEN FOR PROGRESS EDUCATION FOUNDATION

What is the EIN of NEW CHESAPEAKE MEN FOR PROGRESS EDUCATION FOUNDATION?
The employer identification number (EIN) of NEW CHESAPEAKE MEN FOR PROGRESS EDUCATION FOUNDATION is 80-0565157.
Is NEW CHESAPEAKE MEN FOR PROGRESS EDUCATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to NEW CHESAPEAKE MEN FOR PROGRESS EDUCATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW CHESAPEAKE MEN FOR PROGRESS EDUCATION 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 NEW CHESAPEAKE MEN FOR PROGRESS EDUCATION FOUNDATION 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 NEW CHESAPEAKE MEN FOR PROGRESS EDUCATION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of NEW CHESAPEAKE MEN FOR PROGRESS EDUCATION FOUNDATION?
The 990 for the year ended December 31, 2025 names WILLIAM BENNETT.
Who are the officers and directors of NEW CHESAPEAKE MEN FOR PROGRESS EDUCATION FOUNDATION?
The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does NEW CHESAPEAKE MEN FOR PROGRESS EDUCATION FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $187,227, expenses of $132,010 and total assets of $316,582 at year end.

Other nonprofits in CHESAPEAKE

All nonprofits in CHESAPEAKE · Virginia · Education