Virginia's New River Valley Economic Development Alliance Inc

Onward New River Valley

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 541545804 ✦ Blacksburg, VA ✦ Designated as a 501(c)(6)

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Overview

What is Virginia's New River Valley Economic Development Alliance Inc?

Virginia's New River Valley Economic Development Alliance Inc, operating under the name Onward New River Valley, is a nonprofit organization based in Blacksburg, Virginia. With a team of four dedicated individuals, their primary mission is to stimulate economic growth in the region by attracting and retaining top-tier jobs, investments, and talent. They achieve this by showcasing the New River Valley as an appealing place to live, work, and conduct business, while fostering collaborative partnerships that bolster the region's economic vitality. Their strategies primarily involve local marketing and outreach initiatives, aimed at positioning the New River Valley as a competitive, thriving economic landscape.


Official website here: www.onwardnrv.org

Is Virginia's New River Valley Economic Development Alliance Inc legitimate?

Virginia's New River Valley Economic Development Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Virginia's New River Valley Economic Development Alliance Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $91,200
Professional Fundraising Fees: $137,464
Other Salaries and Wages: $112,225

For more financial information, click here


Official website here: www.onwardnrv.org

What is the mission statement of Virginia's New River Valley Economic Development Alliance Inc?

Virginia's New River Valley Economic Development Alliance Inc aims to attract and retain high-quality jobs, investments, and talent in the region. They accomplish this by marketing the area as an excellent place to live, work, and conduct business. The alliance builds collaborative partnerships to promote economic growth and vitality in the region, utilizing local economy development strategies through marketing and regional outreach.


Official website here: www.onwardnrv.org

Who is the CEO of Virginia's New River Valley Economic Development Alliance Inc?

Kathleen Boswell is the Executive Di of Virginia's New River Valley Economic Development Alliance Inc.


Official website here: www.onwardnrv.org

What is the revenue of Virginia's New River Valley Economic Development Alliance Inc?

Virginia's New River Valley Economic Development Alliance Inc's revenue in 2023 was $549,735.


Official website here: www.onwardnrv.org

Who are the executives of Virginia's New River Valley Economic Development Alliance Inc and what are their salaries?

The average compensation at Virginia's New River Valley Economic Development Alliance Inc during 2023 was $50,856. There are 4 employees and 31 volunteers at Virginia's New River Valley Economic Development Alliance Inc.


Here are 32 key members and their salaries:


Kathleen Boswell (Executive Di)
  • Compensation: $91,200
  • Related: $0
  • Other: $0
Brian Alexander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Bennett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Blankenship (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
April Demotts (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Dudley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Eaton-Mcdaniel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Gardner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cora Gnegy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hamilton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vince Hatcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hicks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Holliday (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trip Kellam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Lawrence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Millsaps (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Owens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Parrent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grayson Patterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Provo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Quesenberry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Repass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mark Rowh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Walters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Lee Wheeler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Whitlock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abram Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Wingfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Woolwine (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.onwardnrv.org

Where can I find the form 990 for Virginia's New River Valley Economic Development Alliance Inc?

Virginia's New River Valley Economic Development Alliance Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.onwardnrv.org

Learn more at the official website: www.onwardnrv.org

Mission Statement of Virginia's New River Valley Economic Development Alliance Inc

Virginia's New River Valley Economic Development Alliance Inc is committed to attracting and retaining high-caliber jobs, investments, and talent in the New River Valley region. The organization achieves this mission by marketing the region as an attractive destination for living, working, and conducting business. By fostering collaborative partnerships that promote economic vitality, Virginia's New River Valley Economic Development Alliance Inc plays a pivotal role in the development of the local economy through strategic marketing and outreach initiatives. The Alliance's primary objective is to enhance the region's economic growth and prosperity, ultimately contributing to a stronger and more vibrant community.

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Impact




October, 2024

Virginia's New River Valley Economic Development Alliance Inc. plays a crucial role in enhancing the local economy by actively working to attract and retain high-quality jobs, investment, and talent in the New River Valley. Through strategic marketing and regional outreach, the organization positions the New River Valley as a premier destination for living, working, and doing business.

By fostering collaborative partnerships, the Alliance promotes economic vitality, ensuring that the region can compete effectively in the broader economy. This commitment not only benefits local businesses and job seekers but also enhances the overall quality of life in the area, contributing to community improvement and sustainable growth. The impact of their initiatives can be seen in increased investment opportunities, revitalized communities, and a strengthened local workforce.




This information is meant to be a general summary of Virginia's New River Valley Economic Development Alliance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$549,735 (2023)
Expenses
$650,615 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $15
  • Program Service Revenue: $39,109
  • Gross Receipts: $549,735

Assets and Liabilities:

  • Total Assets: $442,228
  • Total Liabilities: $6,730
  • Net Assets: $435,498

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FTZ APPLICATION FEES

Revenue

$20,000

INVESTOR RELATIONS EVENTS

Revenue

$11,725

OTHER REVENUE

Revenue

$7,384

Organization Details

Founding Year

1990

Principal Officer

Kathleen Boswell

Main Address

2020 KRAFT DRIVE SUITE 2000, BLACKSBURG, VA, 24060

NTEE Category

Code: S30 - Community improvement

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