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  5. Virginia Beach economic development organizations

Virginia Beach economic development organizations

There are 45economic development organizations in the greater Virginia Beachmetro area, including the cities of Virginia Beach, Hampton, Newport News, Norfolk, and Portsmouth. Combined, these Virginia Beach metro economic development organizationsemploy 110 people, earn more than $19 million in revenue each year, and have assets of $18 million.
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Types of economic development organizations in Virginia Beach

Nonprofit typeNumberRevenues
Economic development organizations
45
$19,229,340
Urban development organizations
24
$7,805,817
Showing 2 of 2categories

Job trends for Virginia Beach economic development organizations

Employees per organizationNumber of organizations
0
6
1-10
8
11-25
3
26-100
1
101 to 1,000
0
1,000+
0
Key takeaways for employment stats:

Sizes of economic development organizations in Virginia Beach

Revenues per organizationNumber of organizations
< $250k
13
$250k to $1M
9
$1M to $5M
4
$5M to $25M
1
$25M to $100M
0
$100M+
0
Key takeaways for revenue stats:

Directory of economic development organizations in Virginia Beach

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1-20 of 45

VisitNorfolk

VisitNorfolk is an economic development organization in Norfolk, VA whose mission is: To improve the economic vitality of the city of Norfolk Virginia.
Revenue
$5.5m
Assets
$2.6m
Employees
44
EIN
31-1678153
IRS type
501(c)(6)

Downtown Norfolk Council (DNC)

We are committed to being a leader, an advocate and a resource for Downtown's continuing development as an attractive, dynamic and economically vital place.
Revenue
$2.4m
Assets
$2.2m
Employees
11
EIN
54-1122850
IRS type
501(c)(6)

Greater Williamsburg Chamber and Tourism Alliance

Promotes & serves businesses in Williamsburg, James City County & the Bruton District of York County through advocacy & collaboration.
Revenue
$1.1m
Assets
$1.2m
Employees
10
EIN
54-0482313
IRS type
501(c)(6)

Hampton Roads Economic Development Alliance (HREDA)

HREDA serves as the region's lead economic development and marketing organization for promoting and recruiting new business to locations in Hampton Roads. Their efforts are paying off.
Revenue
$3.9m
Assets
$4.5m
Employees
16
EIN
54-0600387
IRS type
501(c)(3)

Black BRAND

Black BRAND is a Black Chamber of Commerce in Norfolk, VA promoting group economics through professional development and community empowerment.
Revenue
$1.3m
Assets
$245.0k
Employees
7
EIN
81-3953180
IRS type
501(c)(3)

Reinvent Hampton Roads

RHR generates high-paying jobs and supports collaboration among municipalities, educational institutions, and businesses in Virginia's GO Region 5.
Revenue
$822.6k
Assets
$406.6k
Employees
4
EIN
81-0938538
IRS type
501(c)(3)

757 Proud

757 Proud is an urban development organization in Virginia BCH, VA that was founded in 2021.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
85-4189733
IRS type
501(c)(3)

Central Business District Association

CBD Association promotes growth and development of Virginia Beach's Pembroke area through developing a high-quality mixed-use urban environment.
Revenue
$645.1k
Assets
$577.6k
Employees
1
EIN
54-1384692
IRS type
501(c)(6)

Oakmont Community Development Corp

Oakmont CDC hosts programs for community betterment, self-employment, and social and economic well-being. Located in Norfolk, VA.
Revenue
$164.1k
Assets
$113.4k
Employees
N/A
EIN
54-1884569
IRS type
501(c)(3)

One Love Fest 757

One Love Fest 757 is an urban development organization in Chesapeake, VA that was founded in 2024.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
99-3208170
IRS type
501(c)(3)

One Stop Essentials

One Stop Essentials is an urban development organization in Moyock, NC that was founded in 2016.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
81-2574736
IRS type
501(c)(3)

Namel Prince Foundation

Namel Prince Foundation is an economic development organization in Portsmouth, VA that was founded in 2019.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
84-2569632
IRS type
501(c)(3)

Virginia Water Tourism Corporation

Virginia Water Tourism Corporation is an economic development organization in Chesapeake, VA that was founded in 2017.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
82-1299164
IRS type
501(c)(3)

Franklin-Southampton Area Chamber Foundation

Supports and assists Franklin-Southampton Area Chamber of Commerce with community development activities, attracting business and industry.
Revenue
$13.1k
Assets
$88.7k
Employees
N/A
EIN
27-0595028
IRS type
501(c)(3)

Downtown Hampton Development Partnership

Dhdp is a 501(c)(3) not-for-profit organization dedicated to improving the economic health and quality of life in Downtown Hampton.
Revenue
$743.3k
Assets
$1.1m
Employees
9
EIN
54-1792945
IRS type
501(c)(3)

Williams Family Foundation for Africa

Williams Family Foundation for Africa is an economic development organization in Norfolk, VA that was founded in 2016.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
47-4508761
IRS type
501(c)(3)

Williamsburg Downtown District

A nonprofit that enhances economic vitality in downtown Williamsburg by uniting businesses and organizations through various programs.
Revenue
$88.7k
Assets
$123.6k
Employees
N/A
EIN
85-4208333
IRS type
501(c)(3)

National Community Development Organization

National Community Development Organization is an economic development organization in Hampton, VA that was founded in 2007.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
87-0790558
IRS type
501(c)(3)

People of Purpose Minstries

People of Purpose Minstries is an economic development organization in Hampton, VA that was founded in 2017.
Revenue
N/A
Assets
N/A
Employees
N/A
EIN
81-3069909
IRS type
501(c)(3)

Central Business District Foundation

CBDA Foundation supports local nonprofits and provides scholarships to high school seniors participating in the Annual Internship Day Program.
Revenue
$8,141
Assets
$2,507
Employees
0
EIN
81-2509880
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "S30: Economic Development" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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