Richmond Parade Inc

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

EIN: 541694539 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

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Overview

What is Richmond Parade Inc?

Richmond Parade Inc, based in Richmond, Virginia, is a nonprofit organization that focuses on providing an enjoyable and high-quality holiday parade for the entire family in the Mid-Atlantic region. With an approximate attendance of 150,000 people and television viewership of around 71,000, the organization successfully manages to bring joy and entertainment to the community during the holiday season. The organization's mission is deeply rooted in the desire to offer a top-notch holiday parade that caters to families, creating memorable experiences and fostering a sense of community spirit. Although the information provided does not mention other initiatives, it is safe to assume that Richmond Parade Inc likely invests time and resources in organizing and executing the parade effectively, ensuring a delightful experience for all participants and spectators.

Is Richmond Parade Inc legitimate?

Richmond Parade Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richmond Parade 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,500

For more financial information, click here

What is the mission statement of Richmond Parade Inc?

Richmond Parade Inc's mission is centered around providing the Mid-Atlantic region with an enjoyable and high-quality holiday parade that caters to families as a whole. The organization strives to create a parade that is engaging and suitable for all age groups. In the past, the attendance for the parade has been approximately 150,000, and it has also garnered around 71,000 TV viewers.

Who is the CEO of Richmond Parade Inc?

Robert Kelly is the President of Richmond Parade Inc.

What is the revenue of Richmond Parade Inc?

Richmond Parade Inc's revenue in 2023 was $227,550.

Who are the executives of Richmond Parade Inc and what are their salaries?


Here are 8 key members and their salaries:


Patrick Knightly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shari Himelbloom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Marks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Kovach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Foudriat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Kelly (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Karrer (Parade Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Barrack (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Richmond Parade Inc?

Richmond Parade Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Richmond Parade Inc

Richmond Parade Inc, a notable organization, is committed to providing the Mid-Atlantic region with a high-quality and entertaining holiday parade. This parade is designed to cater to the entire family, ensuring an enjoyable experience for all. The mission of Richmond Parade Inc is to create a festive atmosphere during the holiday season, offering a memorable event that brings communities together. The success of the parade is evident in the substantial attendance of approximately 150,000 people and the significant television viewership of around 71,000. By offering a captivating parade, Richmond Parade Inc contributes to the holiday spirit in the Mid-Atlantic region, providing a festive event that families can enjoy together.

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Impact




October, 2024

Richmond Parade Inc plays a significant role in enriching community life in the Mid-Atlantic region through its quality holiday parade, creating an engaging and entertaining experience for the entire family. Drawing an impressive attendance of approximately 150,000 people, the event fosters a sense of community spirit and togetherness during the festive season. Additionally, with around 71,000 viewers tuning in via television, the parade extends its reach beyond in-person attendees, engaging a wider audience and showcasing the local culture and creativity.

By providing a vibrant and dynamic event, Richmond Parade Inc not only enhances the region's holiday celebrations but also stimulates local businesses and tourism. The parade creates opportunities for local vendors and artists, contributing to the economic vitality of Richmond, VA. Furthermore, the inclusive and family-oriented nature of the parade ensures that individuals of all ages can participate and enjoy the festivities, thereby strengthening community bonds and promoting shared memories during the holiday season.




This information is meant to be a general summary of Richmond Parade 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
$227,550 (2023)
Expenses
$244,353 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $227,550

Assets and Liabilities:

  • Total Assets: $90,734
  • Total Liabilities: $0
  • Net Assets: $90,734

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Organization Details

Founding Year

2005

Principal Officer

Robert Kelly

Main Address

5306 CALEDONIA ROAD, RICHMOND, VA, 23225

NTEE Category

Code: N52 - Recreation

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