Overview

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Est.

1990

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Virginia's New River Valley Economic Development Alliance Inc is dedicated to economic development, with a mission to attract and retain world-class jobs, investment, and talent in Virginia's New River Valley. With an operating budget of $595.8K and total revenue of $575.1K for the filing year 2025, the organization is significantly supported by major funders, including Carilion New River Valley Medical Center, which contributes $2.3M.

Mission Statement

THE ORGANIZATION'S MISSION IS TO ATTRACT AND RETAIN WORLD CLASS JOBS, INVESTMENT AND TALENT IN VIRGINIAS NEW RIVER VALLEY.
Revenues
$575.1K
Expenses
$595.8K
Net Income:
-$20.6K
Assets
$406.4K
Liabilities
$1.4K
Net Assets:
+$404.9K
Operating Budget
$595.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$25K
Largest grant received
$25K
K
Kathleen Boswell
Board Member
J
John Gardner
Board Member
C
Cora Gnegy
Board Member

Frequently Asked Questions

What is VIRGINIA'S NEW RIVER VALLEY ECONOMIC DEVELOPMENT ALLIANCE INC’s budget?
In 2025, VIRGINIA'S NEW RIVER VALLEY ECONOMIC DEVELOPMENT ALLIANCE INC reported an annual operating budget of around $596 thousand. More detailed financial information is available to registered users.
What causes does VIRGINIA'S NEW RIVER VALLEY ECONOMIC DEVELOPMENT ALLIANCE INC support?
VIRGINIA'S NEW RIVER VALLEY ECONOMIC DEVELOPMENT ALLIANCE INC supports work in Economic development.
Where does VIRGINIA'S NEW RIVER VALLEY ECONOMIC DEVELOPMENT ALLIANCE INC operate?
VIRGINIA'S NEW RIVER VALLEY ECONOMIC DEVELOPMENT ALLIANCE INC is headquartered in Blacksburg, VA.
Who funded VIRGINIA'S NEW RIVER VALLEY ECONOMIC DEVELOPMENT ALLIANCE INC recently?
In 2023, VIRGINIA'S NEW RIVER VALLEY ECONOMIC DEVELOPMENT ALLIANCE INC received grants from Carilion New River Valley Medical Center, Carilion New River Valley Medical Center, and Carilion New River Valley Medical Center. More information on this organization’s funders is available to registered users.
What is the largest grant VIRGINIA'S NEW RIVER VALLEY ECONOMIC DEVELOPMENT ALLIANCE INC received in 2023?
The largest grant to VIRGINIA'S NEW RIVER VALLEY ECONOMIC DEVELOPMENT ALLIANCE INC in 2023 exceeds $25 thousand.
What is VIRGINIA'S NEW RIVER VALLEY ECONOMIC DEVELOPMENT ALLIANCE INC’s reliance on government grants?
VIRGINIA'S NEW RIVER VALLEY ECONOMIC DEVELOPMENT ALLIANCE INC relied on government grants for more than 35% of their total revenue in 2025.