Public Charity

MID-ATLANTIC BROADBAND COMMUNITIES CORPORATION

MID-ATLANTIC BROADBAND COMMUNITIES CORPORATION is a private foundation categorized as Public Charity based in SOUTH BOSTON, VA. Its most recent IRS filing (2025) reports revenue of $24.5M, expenses of $22.3M, total assets of $183.3M. Imperigo tracks 64 reported grants from this foundation totaling approximately $2.0M.

EIN: 270076588 SOUTH BOSTON, VA Rural Economic Development NTEE: S32 Latest filing: 2025
Total Revenue$24.5M
Total Expenses$22.3M
Total Assets$183.3M
Grants Given64
Grant Total$2.0M
Filing Years2021–2025

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR SOCIAL WELFARE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE, INCLUDING, BUT NOT LIMITED TO PROMOTING ECONOMIC DEVELOPMENT, LESSENING THE BURDENS OF GOVERNMENT, AND REVITALIZING ECONOMICALLY DISTRESSED RURAL AREAS BY CONSTRUCTION AND OPERATING A PUBLICLY FUNDED FIBER-OPTIC NETWORK FOR THE BENEFIT OF THE COMMUNITIES AND CITIZENS OF SOUTHERN VIRGINIA. ADDITIONALLY, THE CORPORATION IS BRIDGING THE DIGITAL DIVIDE IN RURAL AREAS WHERE COMMERCIAL PROVIDERS HAVE NOT FOUND IT TO BE ECONOMICALLY FEASIBLE TO INVEST.

Where $100 goes at Mid-Atlantic Broadband Communities Corporation

How Mid-Atlantic Broadband Communities Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$71 Programs the work itself
$29 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $71 for programs

$71
Mid-Atlantic Broadband Communities Corporation ("mbc") conducts the follwing activities with respect to the fiber optic network, optical transport services, co-location services and dark fiber leases
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

SOUTH BOSTON, VA · 2024
CONTRIBUTION
$250,325
SOUTH BOSTON, VA · 2023
CONTRIBUTION
$257,000
SOUTH BOSTON, VA · 2022
CONTRIBUTION
$250,000
CENTRAL HIGH SCHOOL
VICTORIA, VA · 2022
ROBOTICS PROGRAM
$6,500
CUMBERLAND PUBLIC SCHOOLS
CUMBERLAND, VA · 2022
ROBOTICS PROGRAM
$6,500

Showing up to 5 of 64 total records — full history available with membership.

Officers & Directors

KEY EMPLOYEE Ben Burchette
DIRECTOR Bob Picchi
DIRECTOR Bryan David
DIRECTOR Charles Majors
KEY EMPLOYEE Chase Weddle
HIGHEST CMP Christopher Coleman

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,876,014 61 grants
Education
$60,000 1 grant
Health & Medicine
$25,000 1 grant
Unspecified
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $24.5M $22.3M $183.3M
2024 $19.0M $19.9M $143.4M
2023 $17.5M $18.0M $103.8M
2022 $16.7M $17.7M $87.7M
2021 $16.7M $16.8M $86.1M

Between 2021 and 2025, reported annual revenue grew from $16.7M to $24.5M (+46%), with total assets most recently reported at $183.3M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MO, VA.

MOVA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for MID-ATLANTIC BROADBAND COMMUNITIES CORPORATION

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