Public Charity

HAMPTON ROADS SHIPPING ASSOCIATION ILA CONTAINER ROYALTY FUND

HAMPTON ROADS SHIPPING ASSOCIATION ILA CONTAINER ROYALTY FUND is a Public Charity headquartered in NORFOLK, VA. Financial data from the 2025 filing: $53.7M revenue, $37.1M expenses, $42.3M total assets.

EIN: 540852223 NORFOLK, VA Latest filing: 2025
Total Revenue$53.7M
Total Expenses$37.1M
Total Assets$42.3M
Grant Records0
Filing Years2021–2025

Mission

SEE SCHEDULE OTHE TRUST IS HEREBY CREATED FOR THE PURPOSE OF PROVIDING SUPPLEMENTAL UNEMPLOYMENT BENEFITS TO EMPLOYEES OF THE LONGSHORE INDUSTRY AND PROTECTION FROM THE DECREASE OF EMPLOYMENT OPPORTUNITIES RESULTING FROM THE USE OF CONTAINERS.

Officers & Directors

TRUSTEE Christopher Faulk
TRUSTEE Erin Maley
TRUSTEE James Michalski
TRUSTEE Jeremy Bridges
TRUSTEE Jim Ford
TRUSTEE Jonathan Coley

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $53.7M $37.1M $42.3M
2024 $34.8M $34.8M $46.1M
2023 $43.6M $43.0M $41.8M
2022 $33.7M $33.8M $43.7M
2021 $30.3M $30.2M $41.3M

Between 2021 and 2025, reported annual revenue grew from $30.3M to $53.7M (+77%), with total assets most recently reported at $42.3M.

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

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