CSCharityScored
85

Norfolk Convention & Visitors Bureau Inc

Community Development · Norfolk, Virginia

232 East Main Street, Norfolk, VA 23510-1711

EIN: 311678153· Founded: Jun 2000· 26 years active· Filing Year: 2023

Annual Revenue

$5.5M

Total Expenses

$5.6M

Total Assets

$2.6M

Program Spending

87%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$224K

4.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$2.0M

Total Payroll

$2.2M

40% of total expenses

Where the Money Goes

87%
Programs: 87%
Payroll: 40%
Other overhead: 14%
Program Revenue$4.8M (88%)
Total Expenses$5.6M (100%)
Payroll$2.2M (40%)
Overhead (non-program)14%

Trust Score Breakdown

Program Spending Ratio

87% of expenses go to programs

40%

Revenue & Stability

$5.5M annual revenue

15%

Executive Compensation

$224K total officer comp (4.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$2.6M in assets

10%

Similar Community Development Nonprofits in Virginia

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