CSCharityScored
34

Hampton Roads Development Corporation

Other · Chesapeake, Virginia

Po Box 16426, Chesapeake, VA 23328-6426

EIN: 541549785· Founded: Jul 1990· 36 years active· Filing Year: 2023

Annual Revenue

$134K

Total Expenses

$265K

Total Assets

$1.7M

Program Spending

29%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$108K

40.8% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$108K

41% of total expenses

Where the Money Goes

29%
Programs: 29%
Payroll: 41%
Other overhead: 71%
Program Revenue$76K (56%)
Total Expenses$265K (100%)
Payroll$108K (41%)
Overhead (non-program)71%

Trust Score Breakdown

Program Spending Ratio

29% of expenses go to programs

40%

Revenue & Stability

$134K annual revenue

15%

Executive Compensation

$108K total officer comp (40.8% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$1.7M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.