48
Norfolk Innovation Corridor
Community Development · Norfolk, Virginia
101 E Main St Ste 1000A, Norfolk, VA 23510-1605
EIN: 844182364· Founded: Dec 2021· 5 years active· Filing Year: 2023
Annual Revenue
$172K
Total Expenses
$159K
Total Assets
$82K
Program Spending
47%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$30K
18.8% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$6K
Total Payroll
$36K
22% of total expenses
Where the Money Goes
47%
Programs: 47%
Payroll: 22%
Other overhead: 53%
Program Revenue$75K (44%)
Total Expenses$159K (93%)
Payroll$36K (22%)
Overhead (non-program)53%
Trust Score Breakdown
Program Spending Ratio
47% of expenses go to programs
Revenue & Stability
$172K annual revenue
Executive Compensation
$30K total officer comp (18.8% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$82K in assets
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.