Nonprofit · EIN 54-1740455
COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY INC
Tax-exempt · CHRISTIANSBRG, VA 24068
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,966,037 | $1,717,878 | $2,248,159 | $19,824,904 | $45,863 | $19,779,041 |
| December 31, 2023 | 990 | $2,382,979 | $1,355,911 | $1,027,068 | $16,710,869 | $32,857 | $16,678,012 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,726,819
- of which government grants
- $466,186
- Program service revenue
- $0
- Investment income
- $1,239,218
- Net gain from sales of assets
- $508,946
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,073,959
- Compensation of officers, directors and key employees
- $96,400
- Other salaries and wages
- $186,374
- Salaries, compensation and benefits (total)
- $344,811
- Professional fundraising fees
- $0
- Accounting fees
- $32,171
- Occupancy
- $29,407
- Travel
- $3,652
- Program services (functional)
- $1,563,807
- Management and general (functional)
- $98,984
- Fundraising (functional)
- $55,087
Balance sheet and other
- Total assets, start of year
- $16,710,869
- Total assets, end of year
- $19,824,904
- Total liabilities, end of year
- $45,863
- Net assets, end of year
- $19,779,041
- Land, buildings and equipment
- $30,000
- Publicly traded securities
- $18,786,245
- Net assets without donor restrictions
- $218,469
- Net assets with donor restrictions
- $19,560,572
- Gross receipts
- $8,042,803
- Employees
- 5
- Year formed
- 1994
- State of legal domicile
- VA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAT HYER | PRESIDENT Trustee or director, Officer | 2 | $0 |
| KATHY KRENDL | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAVID RIGGAN | TREASURER Trustee or director, Officer | 2 | $0 |
| F BRAD DENARDO | SECRETARY Trustee or director, Officer | 1 | $0 |
| PAULA ALSTON | BOARD MEMBER Trustee or director | 1 | $0 |
| NANCY ARTIS | BOARD MEMBER Trustee or director | 1 | $0 |
| ERIC CHAPMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| CATHERINE COTRUPI | BOARD MEMBER Trustee or director | 1 | $0 |
| LAURA DUDLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| WILLIAM ELLENBOGEN | BOARD MEMBER Trustee or director | 1 | $0 |
| ROB GRAHAM | BOARD MEMBER Trustee or director | 1 | $0 |
| ANGELA JOYNER | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMIE MCREYNOLDS | BOARD MEMBER Trustee or director | 1 | $0 |
| KAREN ELEY SANDERS | BOARD MEMBER Trustee or director | 1 | $0 |
| ROGER SLUSHER | BOARD MEMBER Trustee or director | 1 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JILL WILLIAMS | BOARD MEMBER Trustee or director | 1 | $0 |
| JESSICA WIRGAU | CEO Trustee or director, Highest-paid employee | 45 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAT HYER | PRESIDENT Trustee or director, Officer | 2 | $0 |
| KATHY KRENDL | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAVID RIGGAN | TREASURER Trustee or director, Officer | 2 | $0 |
| F BRAD DENARDO | SECRETARY Trustee or director, Officer | 1 | $0 |
| PAULA ALSTON | BOARD MEMBER Trustee or director | 1 | $0 |
| NANCY ARTIS | BOARD MEMBER Trustee or director | 1 | $0 |
| ERIC CHAPMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| WILLIAM ELLENBOGEN | BOARD MEMBER Trustee or director | 1 | $0 |
| CATHERINE COTRUPI | BOARD MEMBER Trustee or director | 1 | $0 |
| ANGELA JOYNER | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMIE MCREYNOLDS | BOARD MEMBER Trustee or director | 1 | $0 |
| LAUREN DUDLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| KAREN ELEY SANDERS | BOARD MEMBER Trustee or director | 1 | $0 |
| ROGER SLUSHER | BOARD MEMBER Trustee or director | 1 | $0 |
| ROB GRAHAM | BOARD MEMBER Trustee or director | 1 | $0 |
| JILL WILLIAMS | BOARD MEMBER Trustee or director | 1 | $0 |
| LINDA MILLSAPS | BOARD MEMBER Trustee or director | 1 | $0 |
| SARAH TOLBERT-HURYSZ | BOARD MEMBER Trustee or director | 1 | $0 |
| JESSICA WIRGAU | CEO Trustee or director, Highest-paid employee | 45 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 6009, CHRISTIANSBRG, VA 24068-6009
- In care of
- % LINDSAY WEST
- Principal officer (990 for 2024)
- Patricia B Hyer, 1900 Kraft Drive STE 2200, Blacksburg, VA 24060
- Signed the 990
- Patricia B Hyer, Board Chair
- Phone
- (540) 381-8999
- Website
- www.cfnrv.org
- Return prepared by
- Ledford Accounting Team Inc
Mission
THE MISSION OF THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY IS TO ENRICH OUR COMMUNITY BY PROVIDING PROFESSIONAL MANAGEMENT SERVICES TO DONORS FOR THEIR CHARITABLE CAUSES, AWARDING VISIONARY GRANTS AND SCHOLARSHIPS, AND NURTURING COLLABORATIONS IN OUR COMMUNITY.
Program accomplishments
- THE CFNRV AWARDS GRANTS/SCHOLARSHIPS TO LOCAL CHARITIES, CHURCHES, SCHOOLS AND INDIVIDUALS WORKING TO IMPROVE THE QUALITY OF LIFE FOR RESIDENTS OF THE NRV OF SW VIRGINIA. THE CFNRV ALSO PROVIDES WORKSHOPS AND TRAINING FOR VARIOUS NON-PROFIT ORGANIZATIONS AND INDIVIDUALS, AS WELL AS COLLABORATIVE INITIATIVES WITH OTHER LOCAL LEADERS.Expenses $1,563,807
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1740455
- 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
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $19,824,904
- Income (IRS master file)
- $8,042,803
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,966,037 | $1,717,878 | $19,824,904 | XML |
| 990 | December 2023 | $2,382,979 | $1,355,911 | $16,710,869 | XML |
| 990 | December 2022 | $1,353,005 | $1,048,248 | $14,334,385 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
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 54-1740455).
Questions about COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY INC
- What is the EIN of COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY INC?
- The employer identification number (EIN) of COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY INC is 54-1740455.
- Is COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY INC 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 COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY INC 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 COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY INC 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 COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY INC?
- The 990 for the year ended December 31, 2024 names Patricia B Hyer.
- Who are the officers and directors of COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY INC?
- The 990 for the year ended December 31, 2024 lists 17 people; 0 received compensation from the organization.
- How much revenue does COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,966,037, expenses of $1,717,878 and total assets of $19,824,904 at year end.
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All nonprofits in CHRISTIANSBRG · Virginia · Philanthropy, voluntarism and grantmaking foundations