Mission
TO PROMOTE ECONOMIC DEVELOPMENT AND ENCOURAGE INNOVATION FOR THE BENEFIT OF THE COMMUNITIES AND CITIZENS OF SOUTHERN VIRGINIA BY OFFERING IMPACTFUL PROGRAMMING FOR DIGITAL SKILLS EDUCATION AND WORKFORCE TRAINING.
Public Charity
SOVA INNOVATION HUB CORPORATION
SOVA INNOVATION HUB CORPORATION is a nonprofit organization categorized as Public Charity based in SOUTH BOSTON, VA. Its most recent IRS filing (2025) reports revenue of $716K, expenses of $749K, total assets of $2.3M. Imperigo tracks 11 reported grant relationships connected to this organization totaling approximately $2.5M.
EIN: 842208618
SOUTH BOSTON, VA
Latest filing: 2025
Total Revenue$716K
Total Expenses$749K
Total Assets$2.3M
Grant Records11
Funding Total$2.5M
Filing Years2021–2025
Sample Grants Received
CONTRIBUTION
$250,325
GENERAL SUPPORT
$92,500
CONTRIBUTION
$257,000
GENERAL SUPPORT
$108,415
CONTRIBUTION
$250,000
Showing up to 5 of 11 total records — full history available with membership.
Officers & Directors
VICE CHAIR
Jeremy Satterfield
TREASURER
Phillip Lloyd
CHAIRMAN
Thomas Deriso
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $716K | $749K | $2.3M |
| 2024 | $502K | $511K | $1.4M |
| 2023 | $716K | $750K | $1.6M |
| 2022 | $891K | $584K | $1.2M |
| 2021 | $961K | $395K | $798K |
Between 2021 and 2025, reported annual revenue declined from $961K to $716K (-25%), with total assets most recently reported at $2.3M.
Interactive year-over-year charts and full filing details available with membership.