Daffy

New River Valley Development Corporation

New River Valley Development Corporation

Radford, VA 24141
Tax ID54-1247459

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$402,186

Expenses

$488,842

Website

nrvdc.org

Mission

Small Business Expansion/Economic Development

About

The Corporation runs small business incubator to assist business development in the New River Valley of Virginia

Interesting data from their 2020 990 filing

The purpose of the non-profit is outlined in the filing as “Small business expansion/economic development”.

When discussing its operations, they were defined as: “Small business expansion/economic development”.

  • The state where the non-profit operates has been legally reported as VA.
  • The filing indicates that the non-profit's address in 2020 is located at 6580 Valley Center Drive Box 1, Radford, VA, 24141.
  • The non-profit has reported 0 employees on their form as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is -$86,656.
  • The CEO compensation structure within the organization is not based on a review and approval from an impartial entity.
  • The organization has 7 independent voting members.
  • The organization was formed in 1982.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.