Daffy

Hampton Roads Economic Development Alliance

Hampton Roads Economic Development Alliance

Norfolk, VA 23510
Tax ID54-0600387

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About this organization

Revenue

$2,106,622

Expenses

$2,312,645

Website

hreda.com

Mission

The mission of the Hampton Roads Economic Development Alliance is business attraction--marketing Virginia's Hampton Roads region as the preferred location for business investment and expansion. All HREDA initiatives are designed to secure visits with qualified business prospects.

About

The organization promotes economic investment and business expansion in the Hampton Roads area and throughout the world through marketing.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “The mission of the hampton roads economic development alliance is business attraction--marketing virginia's hampton roads region as the preferred location for business investment and expansion. all hreda initiatives are designed to secure visits with qualified business prospects.”.

When explaining its purpose, the activities were described as: “The mission of the hampton roads economic development alliance is business attraction--marketing virginia's hampton roads region as the preferred location for business investment and expansion. all hreda initiatives are designed to secure visits with qualified business prospects.”.

  • The non-profit is legally allowed to operate in the state of VA, as reported.
  • The filing provides the non-profit's address in 2020 as 500 E MAIN STREET NO 1300, NORFOLK, VA, 23510.
  • The non-profit has a total of 10 employees, as reported on their form for 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$206,023.
  • The organization has 29 independent voting members.
  • The organization was formed in 1997.
  • The organization pays $1,235,006 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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