Chesapeake
- Assets
- $56.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chesapeake, VA
- Founding
- 09/1978
- Data as of
- 08/2023
- EIN
- 54-0843760
Organization Overview
Chesapeake is located in Chesapeake, VA. The organization was established in 1978. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Chesapeake 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 08/2023, Chesapeake generated $63.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $83.5k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 7 years. 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
PROVIDED EDUCATION, SUPPORT, AND ADVOCACY FOR EDUCATORS AND STUDENTS IN THE CITY OF CHESAPEAKE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katelyn Rittenour Secretary | 10 | $0 | |
Reagan Davis President | 10 | $0 | |
Arthur Anderson Vice President | 10 | $0 | |
Amanda Lambert Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $63,680 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,680 |
| 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 | $2,930 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $80,587 |
| Total expenses | $83,517 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,041 |
| Other assets | $0 |
| Total assets | $56,041 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,041 |