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Nonprofit · EIN 84-3642025

CENTRAL VIRGINIA BUSINESS COALITION

Tax-exempt · LYNCHBURG, VA 24502

Financials

$333K$452K2022$277K$313K2023$295K$326K2024
Revenue Expenses · by fiscal year end
Financials of CENTRAL VIRGINIA BUSINESS COALITION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$295,335$325,705-$30,370$1,044,689$2,391$1,042,298
September 30, 2024990$277,072$312,937-$35,865$991,102$3,326$987,776
September 30, 2023990$332,573$451,702-$119,129$850,213$2,089$848,124
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$204,061
Membership dues
$72,535
Program service revenue
$26,221
Investment income
$65,053
Net gain from sales of assets
$40,657
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$85,500
Other salaries and wages
$17,965
Salaries, compensation and benefits (total)
$112,732
Professional fundraising fees
$0
Legal fees
$1,394
Accounting fees
$3,558
Occupancy
$56,598
Travel
$11,612
Program services (functional)
$198,488
Management and general (functional)
$115,943
Fundraising (functional)
$11,274

Balance sheet and other

Total assets, start of year
$991,102
Total assets, end of year
$1,044,689
Total liabilities, end of year
$2,391
Net assets, end of year
$1,042,298
Land, buildings and equipment
$1
Net assets without donor restrictions
$1,042,298
Gross unrelated business income
$26,221
Gross receipts
$342,277
Employees
0
Volunteers
0
Year formed
2020
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
HEATHER ALTOSECRETARY/EXECUTIVE DIRECT
Trustee or director, Officer
40$92,250
MARC A SCHEWELPRESIDENT
Trustee or director, Officer
1$0
DANNY GIVENSVICE PRESIDENT
Trustee or director, Officer
1$0
MICHAEL BRADFORDTREASURER
Trustee or director, Officer
1$0
W BRADLEY WEAVERDIRECTOR
Trustee or director
1$0
DAVID SOMERSDIRECTOR
Trustee or director
1$0
JENNIFER ADAMCZYKDIRECTOR
Trustee or director
1$0
ABE LOPERDIRECTOR
Trustee or director, Officer
1$0
CAM WARRENDIRECTOR
Trustee or director
1$0
990 for the year ended September 30, 2024: 8 people
NameTitleHours / weekCompensation
HEATHER ALTOSECRETARY/EXECUTIVE DIRECTOR
Trustee or director, Officer
40$83,046
MARC A SCHEWELPRESIDENT
Trustee or director, Officer
1$0
DANNY GIVENSVICE PRESIDENT
Trustee or director, Officer
1$0
MICHAEL BRADFORDTREASURER
Trustee or director, Officer
1$0
W BRADLEY WEAVERDIRECTOR
Trustee or director
1$0
MIKE NORFIELDDIRECTOR
Trustee or director
1$0
JENNIFER ADAMCZYKDIRECTOR
Trustee or director
1$0
DAVID SOMERSDIRECTOR
Trustee or director, Officer
1$0
990 for the year ended September 30, 2023: 9 people
NameTitleHours / weekCompensation
HEATHER ALTOEXECUTIVE DIRECTOR
Trustee or director, Officer
40$90,677
W BRADLEY WEAVERPRESIDENT/ DIRECTOR
Trustee or director, Officer
1$0
DANNY GIVENSVICEC PRESIDENT/ DIRECTOR
Trustee or director, Officer
1$0
MARC A SCHEWELTREASURER/ DIRECTOR
Trustee or director, Officer
1$0
DAVID SOMERSDIRECTOR
Trustee or director
1$0
RAYNER V SNEAD JRDIRECTOR
Trustee or director
1$0
MICHAEL BRADFORDDIRECTOR
Trustee or director
1$0
MICHAEL NORFIELDDIRECTOR
Trustee or director
1$0
DIANNE ERBDIRECTOR OF SPECIAL EVENTS
Trustee or director, Officer
40$0

Address and contacts

Address (IRS master file)
147 MILL RIDGE ROAD 209, LYNCHBURG, VA 24502-4341
Mailing address (990-N for 2019)
147 MILL RIDGE ROAD, LYNCHBURG VA 24502
Principal officer (990 for 2024)
HEATHER ALTO, 147 MILL RIDGE ROAD 209, LYNCHBURG, VA 24502
Principal officer (990-N for 2019)
DEBBIE MONTGOMERY, 147 MILL RIDGE ROAD, LYNCHBURG VA 24502
Signed the 990
HEATHER ALTO, EXECUTIVE DIRECTOR
Phone
(434) 528-1732
Return prepared by
DAVIDSON DOYLE & HILTON LLP

Mission

TO PROMOTE LOCALLY OWNED RETAIL ESTABLISHMENTS AND SERVICE PROVIDERS.

990 for the year ended September 30, 2025

Program accomplishments

  • CVBC OFFERS MEMBERSHIP AND OPERATES A PROGRAM TO PROMOTE GROWTH AND NETWORKING FOR SMALL BUSINESSES IN THE CENTRAL VIRGINIA AREA.
    Expenses $171,025 · revenue $40,217
  • CVBA HOSTS A NUMBER OF COMMUNITY EVENTS SUCH AS BEDFORD CENTERFEST, WOMEN'S EMPOWER LEADSHIP AND WHERE'S WALDO - A CHILDRENS' SCAVENGER HUNT THROUGHOUT LOCAL SMALL BUSINESSES.
    Expenses $27,463 · revenue $32,318
  • SPONSORSHIP OF EVENTS.

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
84-3642025
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2020
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,044,689
Income (IRS master file)
$342,277

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$295,335$325,705$1,044,689XML
990September 2024$277,072$312,937$991,102XML
990September 2023$332,573$451,702$850,213XML
990September 2022$394,800$364,390$910,332IRS
990September 2021–––IRS
990-N for 2019
Officer: DEBBIE MONTGOMERY
September 30, 2020≤ $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 84-3642025).

Questions about CENTRAL VIRGINIA BUSINESS COALITION

What is the EIN of CENTRAL VIRGINIA BUSINESS COALITION?
The employer identification number (EIN) of CENTRAL VIRGINIA BUSINESS COALITION is 84-3642025.
Is CENTRAL VIRGINIA BUSINESS COALITION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2020.
Are donations to CENTRAL VIRGINIA BUSINESS COALITION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CENTRAL VIRGINIA BUSINESS COALITION 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 VIRGINIA BUSINESS COALITION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CENTRAL VIRGINIA BUSINESS COALITION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of CENTRAL VIRGINIA BUSINESS COALITION?
The 990 for the year ended September 30, 2025 names HEATHER ALTO.
Who are the officers and directors of CENTRAL VIRGINIA BUSINESS COALITION?
The 990 for the year ended September 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $92,250 (HEATHER ALTO, SECRETARY/EXECUTIVE DIRECT).
How much revenue does CENTRAL VIRGINIA BUSINESS COALITION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $295,335, expenses of $325,705 and total assets of $1,044,689 at year end.

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