Public Charity

Vessel Disposal and Reuse Foundation

Vessel Disposal and Reuse Foundation is a Public Charity headquartered in Virginia Beach, VA. Financial data from the 2024 filing: $572K revenue, $504K expenses, $114K total assets. 2 publicly reported grants to this organization, totaling roughly $25K, appear in IRS filings.

EIN: 873911643 Virginia Beach, VA Latest filing: 2024
Total Revenue$572K
Total Expenses$504K
Total Assets$114K
Grant Records2
Funding Total$25K
Filing Years2022–2024

Mission

Help waterways achieve sustainable health through removal of and disposal of abandoned, derelict, and at-risk vessels, public outreach, and education.

Officers & Directors

Secretary Carl Polvinale
Vice President Catherine Byrd Jeydel
Executive Dir. Michael Provost
President Ross Leeberg

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO PROVIDE SUPPORT TO LOCAL ORGANIZATIONS.
$25,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $572K $504K $114K
2023 $148K $131K $51K
2022 $170K $145K $29K

Between 2022 and 2024, reported annual revenue grew from $170K to $572K (+237%), with total assets most recently reported at $114K.

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

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