Mission
Help waterways achieve sustainable health through removal of and disposal of abandoned, derelict, and at-risk vessels, public outreach, and education.
Small Public Charity
Vessel Disposal and Reuse Foundation
Vessel Disposal and Reuse Foundation is a Small Public Charity headquartered in Virginia Beach, VA. Financial data from the 2025 filing: $182K revenue, $204K expenses, $115K total assets. 2 publicly reported grants to this organization, totaling roughly $25K, appear in IRS filings.
EIN: 873911643
Virginia Beach, VA
Environment N.E.C.
NTEE: C99
Latest filing: 2025
Total Revenue$182K
Total Expenses$204K
Total Assets$115K
Grant Records2
Funding Total$25K
Filing Years2022–2025
Where $100 goes at Vessel Disposal and Reuse Foundation
How Vessel Disposal and Reuse Foundation divides every $100 it spends, from its own Form 990-EZ filings, averaged across 4 years.
$81
Programs
the work itself
$19
Everything else
operations and overhead
Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.
Inside the $81 for programs
$81
VDRF has now removed 97 abandoned, derelict, and at-risk vessels in Virginia
Source: Form 990-EZ 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 Received
TO PROVIDE SUPPORT TO LOCAL ORGANIZATIONS.
$10,000
TO PROVIDE SUPPORT TO LOCAL ORGANIZATIONS.
$15,000
Showing up to 5 of 2 total records — full history available with membership.
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
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $182K | $204K | $115K |
| 2024 | $572K | $504K | $114K |
| 2023 | $148K | $131K | $51K |
| 2022 | $170K | $145K | $29K |
Between 2022 and 2025, reported annual revenue grew from $170K to $182K (+7%), with total assets most recently reported at $115K.
Interactive year-over-year charts and full filing details available with membership.