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Nonprofit · EIN 45-3951598

CHESEAPEAKE-VIRGINIA BEACH ACHIEVEMENT FOUNDATION

Also known as Chesapeake- Virginia Beach Achievement Foundation

Tax-exempt (reinstated) · CHESAPEAKE, VA 23320

Financials

$16K$62K2022$27K$41K2023$65K$55K2024
Revenue Expenses · by fiscal year end
Financials of CHESEAPEAKE-VIRGINIA BEACH ACHIEVEMENT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$65,099$54,834$10,265$48,788$0$48,788
December 31, 2023990$27,398$40,587-$13,189$43,625$0$43,625
December 31, 2022990$16,304$61,867-$45,563$64,859$8,045$56,814
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$85,205
Program service revenue
$0
Investment income
$3
Net income from fundraising events
-$20,109
Other revenue
-$20,109

Expenses

Grants and similar amounts paid
$49,674
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$50,122
Management and general (functional)
$4,712

Balance sheet and other

Total assets, start of year
$43,625
Total assets, end of year
$48,788
Total liabilities, end of year
$0
Net assets, end of year
$48,788
Net assets without donor restrictions
$48,788
Gross receipts
$85,208
Employees
0

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ELEGEAR PRIMUSEXECUTIVE DI
Officer
–$0
JOHN W MAYER JRVICE DIRECTO
Officer
–$0
GERMAINE WILLIAMSCFO
Officer
–$0
ANDRE THERCYFUNDRAISING
Trustee or director
–$0
BRIAN WARRENSECRETARY
Officer
–$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
ELEGEAR PRIMUSEXECUTIVE DI
Officer
1$0
JOHN W MAYER JRVICE DIRECTO
Officer
4$0
GERMAINE WILLIAMSCFO
Officer
2$0
ANDRE THERCYFUNDRAISING
Trustee or director
1$0
BRIAN WARRENSECRETARY
Officer
1$0
990 for the year ended December 31, 2022: 5 people
NameTitleHours / weekCompensation
ELEGEAR PRIMUSEXECUTIVE DI
Officer
1$0
JOHN W MAYER JRVICE DIRECTO
Officer
4$0
GERMAINE WILLIAMSCFO
Officer
1$0
EUGENE JOHNSON IIIFUNDRAISING
Trustee or director
1$0
LARRY NORMANSECRETARY
Officer
1$0

Address and contacts

Address (IRS master file)
109 GAINSBOROUGH SQ STE G, CHESAPEAKE, VA 23320-1757
In care of
% DERRICK WALKER
Mailing address (990-N for 2013)
600 22nd St Suite 402, Virginia Beach VA 23451
Principal officer (990 for 2024)
ELEGEAR PRIMUS, 5017 ORIOLE DRIVE, CHESAPEAKE, VA 233211294
Principal officer (990-N for 2013)
Derrick Walker, 600 22nd St Suite 402, Virginia Beach VA 23451
Signed the 990
ELEGEAR PRIMUS, EXECUTIVE DIRECTOR
Phone
(757) 620-4023
Return prepared by
THOMAS A SMITH JR CPA PC

Mission

THE ORGANIZATION SERVES AS THE FUNDRAISING ARM OF THE CHAPTER THAT SUPPORTS THE CHARITABLE EFFORTS TO PROVIDE SCHOLARSHIPS, MENTORING, AND COMMUNITY PROGRAMS TO SUPPORT THE DEVELOPMENT OF YOUNG MEN. CVBAF WITHOUT LIMITATION, IS IMPROVING THE DEVELOPMENT, PROMOTION AND SUPPORT OF ACTIVITIES, PROGRAMS, AND ORGANIZATIONS THAT IMPROVE THE HEALTH, WELFARE, AND EDUCATION OF THE YOUTH OF HAMPTON ROADS COMMUNITY, WITH A PRIMARY EMPHASIS IN THE DEVELOPMENT OF LEADERSHIP SKILLS, SOCIAL OUTREACH AND HELPING PROVIDING INFORMATION AND KNOWLEDGE SKILLS, TRAINING, FINANCIAL LITERACY, LOANS FOR EDUCATION, AND OTHER REQUIRED FIELDS OF ENDEAVOR. OUR CONTINUING MISSION IS TO AFFECT THE SOCIAL DEVELOPMENT, EMOTIONAL MATURITY, AND ACADEMIC ACHIEVEMENT OF PARTICIPANTS. THE CVBAF BROTHERS' PERFORM THIS BY PROVIDING POSITIVE PROFESSIONAL MENTORS TO TEACH THE YOUTH OF HAMPTON ROADS COMMUNITY IN THE FOLLOWING AREAS: PAYING FOR COLLEGE, DRESSING FOR SUCCESS, CHOOSING THE RIGHT COLLEGE, FINANCIAL LITERACY AND INV

990 for the year ended December 31, 2024

Program accomplishments

  • OUR MISSION WAS AND CONTINUES TO BE TO AFFECT THE SOCIAL DEVELOPMENT, EMOTIONAL MATURITY, AND ACADEMIC ACHIEVEMENT OF PARTICIPANTS. THE CVBAF BROTHERS' SERVED THIS OVERALL SET OF OBJECTIVES BY PROVIDING POSITIVE PROFESSIONAL MENTORS TO TEACH THE YOUTH OF HAMPTON ROADS COMMUNITY IN THE FOLLOWING AREAS: PAYING FOR COLLEGE, DRESSING FOR SUCCESS, CHOOSING THE RIGHT COLLEGE, FINANCIAL LITERACY AND INVESTING, CREATING AN ACADEMIC AND PROFESSIONAL RESUME, HOW TO PROCURE DONATIONS AND RAISE FUNDS, LEADERSHIP FUNDAMENTALS, AFRICAN-AMERICAN HEALTH ISSUES, DRUG ABUSE AWARENESS, HOW TO INTERACT WITH LAW ENFORCEMENT, PERSONAL MANAGEMENT, AND PUBLIC SPEAKING. THE ORGANIZATION AWARDED SCHOLARSHIPS AT THEIR ANNUAL PRESENTATION EVENT TO TO THE YOUNG MEN WHO EXEMPLIFIED THE VALUES ENCOURAGED AND DEVELOPED DURING THE COURSE OF THEIR MENTORSHIP EXPERIENCES.
  • OUR MISSION WAS AND CONTINUES TO BE TO AFFECT THE SOCIAL DEVELOPMENT, EMOTIONAL MATURITY, AND ACADEMIC ACHIEVEMENT OF PARTICIPANTS. THE CVBAF BROTHERS' SERVED THIS OVERALL SET OF OBJECTIVES BY PROVIDING POSITIVE PROFESSIONAL MENTORS TO TEACH THE YOUTH OF HAMPTON ROADS COMMUNITY IN THE FOLLOWING AREAS: PAYING FOR COLLEGE, DRESSING FOR SUCCESS, CHOOSING THE RIGHT COLLEGE, FINANCIAL LITERACY AND INVESTING, CREATING AN ACADEMIC AND PROFESSIONAL RESUME, HOW TO PROCURE DONATIONS AND RAISE FUNDS, LEADERSHIP FUNDAMENTALS, AFRICAN-AMERICAN HEALTH ISSUES, DRUG ABUSE AWARENESS, HOW TO INTERACT WITH LAW ENFORCEMENT, PERSONAL MANAGEMENT, AND PUBLIC SPEAKING. THE ORGANIZATION AWARDED SCHOLARSHIPS AT THEIR ANNUAL PRESENTATION EVENT TO THE YOUNG MEN WHO EXEMPLIFIED THE VALUES ENCOURAGED AND DEVELOPED DURING THE COURSE OF THEIR MENTORSHIP EXPERIENCES.
    Expenses $50,122 · grants $49,674

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-3951598
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$48,788
Income (IRS master file)
$85,208

Revocation and reinstatement

Exemption revoked
May 15, 2017
Posted by the IRS
August 16, 2017
Reinstated
Effective May 15, 2017

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$65,099$54,834$48,788XML
990December 2023$27,398$40,587$43,625XML
990December 2022$16,304$61,867$64,859XML
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990-N for 2013
Officer: Derrick Walker
December 31, 2013≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-3951598).

Questions about CHESEAPEAKE-VIRGINIA BEACH ACHIEVEMENT FOUNDATION

What is the EIN of CHESEAPEAKE-VIRGINIA BEACH ACHIEVEMENT FOUNDATION?
The employer identification number (EIN) of CHESEAPEAKE-VIRGINIA BEACH ACHIEVEMENT FOUNDATION is 45-3951598.
Is CHESEAPEAKE-VIRGINIA BEACH ACHIEVEMENT FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2017 and reinstated it effective May 15, 2017.
Are donations to CHESEAPEAKE-VIRGINIA BEACH ACHIEVEMENT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CHESEAPEAKE-VIRGINIA BEACH ACHIEVEMENT FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CHESEAPEAKE-VIRGINIA BEACH ACHIEVEMENT FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHESEAPEAKE-VIRGINIA BEACH ACHIEVEMENT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CHESEAPEAKE-VIRGINIA BEACH ACHIEVEMENT FOUNDATION?
The 990 for the year ended December 31, 2024 names ELEGEAR PRIMUS.
Who are the officers and directors of CHESEAPEAKE-VIRGINIA BEACH ACHIEVEMENT FOUNDATION?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does CHESEAPEAKE-VIRGINIA BEACH ACHIEVEMENT FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $65,099, expenses of $54,834 and total assets of $48,788 at year end.

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