Hampton Roads Society Of Human Resource Management is located in Chesapeake, VA. The organization was established in 1997. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hampton Roads Society Of Human Resource Management is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Hampton Roads Society Of Human Resource Management generated $63.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $83.2k during the year ending 12/2023. While expenses have increased by 5.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ENGAGE, EDUCATE AND EMPOWER PROFESSIONALS TO BE LEADERS IN BUSINESS AND HUMAN RESOURCES THROUGH OPPORTUNITIES FOR LIFELONG LEARNING, COLLABORATION, AND SERVICE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Cochran President | 2 | $0 | |
Emily Hyde President-El | 2 | $0 | |
Dena Corr President Em | 2 | $0 | |
Dan Mackay Treasurer | 2 | $0 | |
Michelle Shearon Secretary | 2 | $0 | |
Sheila Balli Dir At Large | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $44,418 |
| Membership dues | $15,876 |
| Investment income | $2,742 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,036 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $977 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $82,264 |
| Total expenses | $83,241 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,378 |
| Other assets | $0 |
| Total assets | $116,045 |
| Total liabilities | $8,248 |
| Net assets or fund balances | $107,797 |