Public Charity

HAMPTON ROADS ECONOMIC DEVELOPMENT ALLIANCE

HAMPTON ROADS ECONOMIC DEVELOPMENT ALLIANCE is a nonprofit organization categorized as Public Charity based in NORFOLK, VA. Its most recent IRS filing (2024) reports revenue of $4.1M, expenses of $4.1M, total assets of $4.2M. Imperigo tracks 10 reported grant relationships connected to this organization totaling approximately $319K.

EIN: 540600387 NORFOLK, VA Latest filing: 2024
Total Revenue$4.1M
Total Expenses$4.1M
Total Assets$4.2M
Grant Records10
Funding Total$319K
Filing Years2019–2024

Mission

THE MISSION OF THE HAMPTON ROADS ECONCOMIC 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.

Officers & Directors

DIRECTOR Aubrey Layne
TREASURER Buffy Barefoot
DIRECTOR Cullen Glass
DIRECTOR Darrell Williams
DIRECTOR Donnie Tuck
PRESIDENT & Douglas L Smith

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO FURTHER THE WELFARE AND DEVELOPMENT OF THE HAMPTON ROADS VIRGINIA COMMUNITIES.
$119,000 4 grants
ECONOMIC COMPETITIVENESS
$50,000 1 grant
OTHER
$50,000 1 grant
Sponsorship
$50,000 2 grants
GENERAL SUPPORT
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.1M $4.1M $4.2M
2023 $3.6M $4.1M $4.1M
2022 $3.9M $3.5M $4.5M
2020 $3.7M $2.9M $3.7M
2019 $2.7M $2.4M $2.9M

Between 2019 and 2024, reported annual revenue grew from $2.7M to $4.1M (+51%), with total assets most recently reported at $4.2M.

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

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