NORFOLK INNOVATION CORRIDOR: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- NORFOLK INNOVATION CORRIDOR (EIN 84-4182364)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-01-19
- IRS object ID
- 202320199349300022
- Schema version
- 2021v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-01-19T11:45:33-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 541208437 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JONES CPA GROUP PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 ATLANTIC STREET SUITE 300 | AddressLine1Txt |
| City | NORFOLK | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 235101729 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 844182364 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORFOLK INNOVATION CORRIDOR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NORF | BusinessNameControlTxt |
| Phone | 7579045753 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3224 | AddressLine1Txt |
| City | NORFOLK | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23514 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LINDA PECK | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 7579045753 | PhoneNum |
| Signature | 2023-01-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | LINDA | PersonFirstNm |
| Person Last | PECK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALI E GUNBEYI CPA | PreparerPersonNm |
| PTIN | P01379785 | PTIN |
| Phone | 7576277672 | PhoneNum |
| Preparation | 2023-01-18 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-03-07 01:45:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LINDA PECK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3224 | AddressLine1Txt |
| City | NORFOLK | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23514 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $106,324 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTPS://NORFOLKINNOVATION.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2019 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | TO ENCOURAGE GROWTH IN ENTREPRENEURSHIP AND INNOVATION BY ATTRACTING NEW TECHNOLOGY STARTUPS AND BY RETAINING A TALENTED WORKFORCE AND ATTRACTING ADDITIONAL TALENT WHILE ALSO INCREASING LOCAL JOB OPPORTUNITIES THAT WILL HELP THE UNEMPLOYED, MINORTIY AND DISADVANTAGED LIVING IN THE AREA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 46 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 46 | VotingMembersIndependentCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Total Volunteers | 35 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $31,395 | PYContributionsGrantsAmt |
| CY Contributions Grants | $39,824 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $50,750 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $66,500 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $82,145 | PYTotalRevenueAmt |
| CY Total Revenue | $106,324 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,260 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $30,105 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $50,723 | PYOtherExpensesAmt |
| CY Other Expenses | $61,719 | CYOtherExpensesAmt |
| PY Total Expenses | $51,983 | PYTotalExpensesAmt |
| CY Total Expenses | $91,824 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $30,162 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $14,500 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $48,971 | TotalAssetsBOYAmt |
| Total Assets EOY | $62,579 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,379 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $487 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $47,592 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $62,092 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE CORPORATION SHALL SUPPORT THE DEVELOPMENT, MASTER-PLANNING, PROGRAMMING, BRANDING AND MARKETING, PUBLIC AWARENESS, COMMUNITY-BUILDING AND ECONOMIC GROWTH OF THE NORFOLK INNOVATION CORRIDOR OF NORFOLK, VIRGINIA. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Revenue | $66,500 | RevenueAmt |
| Desc | THE CORPORATION SHALL SUPPORT THE DEVELOPMENT, MASTER-PLANNING, PROGRAMMING, BRANDING AND MARKETING, PUBLIC AWARENESS, COMMUNITY-BUILDING AND ECONOMIC GROWTH OF THE NORFOLK INNOVATION CORRIDOR OF NORFOLK, VIRGINIA. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $46,746 | ExpenseAmt |
| Desc | THE CORPORATION SHALL SUPPORT THE DEVELOPMENT, MASTER-PLANNING, PROGRAMMING, BRANDING AND MARKETING, PUBLIC AWARENESS, COMMUNITY-BUILDING AND ECONOMIC GROWTH OF THE NORFOLK INNOVATION CORRIDOR OF NORFOLK, VIRGINIA. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $46,746 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $46,746 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | false | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 1 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 46 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 46 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LINDA PECK | PersonNm |
| Phone | 7579045753 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3224 | AddressLine1Txt |
| City | NORFOLK | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23514 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (47 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| LINDA PECK | ||||||
| EXECUTIVE DI | 10.00 | Yes (X) | $25,000 | $0 | $0 | |
| MONIQUE ADAMS | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| ALPHONSO ALBERT | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| ROBERT ARMSTRONG | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| LARRY BERNERT | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| SAVANNAH BOLIN | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| JEFF BROOKE | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| ANDREW CARRINGTON | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| LYNN CLEMENTS | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| JEFF CONROY | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| DARIUS DAVENPORT | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| COURTNEY R DOYLE | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| NATE FENDER | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| PERRY FRAZER | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| NANCY L GRDEN | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| JENNIFER GRIFFITH | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| ALI GUNBEYI | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| NICOLE J HARRELL | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| RENEE HOWARD | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| MARJORIE MAYFIELD JACKSON | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| RYAN KING | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| PRATIK KOTHARI | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| TIM LEE | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| KEVIN LESLIE | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| SARAH LEWIS | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| EVANS MCMILLION | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| CHARLES MCPHILLIPS | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| MARY MILLER | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| WILL MORRISON | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| KATHLEEN MOZZI | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| KEVIN MURPHY | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| ERIK NEIL | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| MICHAEL NUSBAUM | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| LAVORIS PACE | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| DANIEL PETERSON | ||||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| DONNA PHANEUF | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| NANCY PRATHER-JOHNSON | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| PAUL ROBINSON | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| MARK ROSENFELD | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| CHRIS RUDDICK | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| ROBERT SHARAK | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| TIMOTHY STROMBERG | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| ULRICH THIENEL | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| BRYANT THOMAS | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| CHRISTOPHER UITERWYK | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| JOE WEAVER | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| THOMAS WHITE | ||||||
| DIRECTOR | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $25,000 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $39,824 | AllOtherContributionsAmt |
| Noncash Contributions | $39,824 | NoncashContributionsAmt |
| Total Contributions | $39,824 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| DUES - ANCHOR INSTITUTIONS | $44,000 | $44,000 |
| DUES - BUSINESS MENTORS | $22,500 | $22,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $66,500 | TotalProgramServiceRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $106,324 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $66,500 | RelatedOrExemptFuncIncomeAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,000 | TotalAmt |
| Program Services | $20,000 | ProgramServicesAmt |
| Management And General | $5,000 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,561 | TotalAmt |
| Program Services | $2,049 | ProgramServicesAmt |
| Management And General | $512 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,544 | TotalAmt |
| Program Services | $2,035 | ProgramServicesAmt |
| Management And General | $509 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,000 | TotalAmt |
| Program Services | $1,500 | ProgramServicesAmt |
| Management And General | $1,500 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,855 | TotalAmt |
| Program Services | $1,771 | ProgramServicesAmt |
| Management And General | $7,084 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $911 | TotalAmt |
| Program Services | $338 | ProgramServicesAmt |
| Management And General | $573 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36 | TotalAmt |
| Management And General | $36 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,001 | TotalAmt |
| Program Services | $1,000 | ProgramServicesAmt |
| Management And General | $1,001 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $214 | TotalAmt |
| Program Services | $107 | ProgramServicesAmt |
| Management And General | $107 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,388 | TotalAmt |
| Management And General | $1,388 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,520 | TotalAmt |
| Program Services | $5,520 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,559 | TotalAmt |
| Program Services | $779 | ProgramServicesAmt |
| Management And General | $780 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| DONATED PROF. SERVICES GA | $36,825 | $11,047 | $25,778 |
| DUES AND SUBSCRIPTIONS | $978 | $293 | $685 |
| OTHER | $207 | $207 | |
| MEMBERSHIP | $200 | $100 | $100 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25 | TotalAmt |
| Management And General | $25 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,824 | TotalAmt |
| Program Services | $46,746 | ProgramServicesAmt |
| Management And General | $45,078 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,004 | BOYAmt |
| EOY | $55,132 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,345 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $565 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,300 | BOYAmt |
| EOY | $780 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,667 | BOYAmt |
| EOY | $6,667 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,971 | BOYAmt |
| EOY | $62,579 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,123 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $256 | BOYAmt |
| EOY | $487 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,379 | BOYAmt |
| EOY | $487 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,592 | BOYAmt |
| EOY | $62,092 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,592 | BOYAmt |
| EOY | $62,092 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,971 | BOYAmt |
| EOY | $62,579 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $14,500 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $31,395 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $39,824 | CurrentTaxYearAmt |
| Total | $71,219 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $50,750 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $66,500 | CurrentTaxYearAmt |
| Total | $117,250 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $82,145 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $106,324 | CurrentTaxYearAmt |
| Total | $188,469 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $188,469 | PublicSupportTotal509Amt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $82,145 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $106,324 | CurrentTaxYearAmt |
| Total | $188,469 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 1.00000 | PublicSupportCY509Pct |
| Public Support PY509 | 1.00000 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,345 | OtherCostOrOtherBasisAmt |
| Depreciation | $565 | DepreciationAmt |
| Book Value | $780 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $780 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PAYROLL LIABILITIES | Desc |
| Amt | $487 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $487 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $106,324 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $106,324 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $106,324 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $91,824 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $91,824 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $91,824 | TotalExpensesPerForm990Amt |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $39,824 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE CORPORATION SHALL SUPPORT THE DEVELOPMENT, MASTER-PLANNING, PROGRAMMING, BRANDING AND MARKETING, PUBLIC AWARENESS, COMMUNITY-BUILDING AND ECONOMIC GROWTH OF THE NORFOLK INNOVATION CORRIDOR OF NORFOLK, VIRGINIA. |
| FORM 990, PAGE 2, PART III, LINE 4D | THE CORPORATION SHALL SUPPORT THE DEVELOPMENT, MASTER-PLANNING, PROGRAMMING, BRANDING AND MARKETING, PUBLIC AWARENESS, COMMUNITY-BUILDING AND ECONOMIC GROWTH OF THE NORFOLK INNOVATION CORRIDOR OF NORFOLK, VIRGINIA. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE TAX RETURN WAS INITIALLY REVIEWED BY THE EXECUTIVE DIRECTOR. IT WAS THEN REVIEWED AND APPROVED BY THE BOARD BEFORE IT WAS FINALIZED AND FILED. |
| FORM 990, PAGE 6, PART VI, LINE 19 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
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