GREATER RICHMOND CHAMBER OF COMMERCE

EIN: 540356742

RICHMOND, VA

Total Revenue
$3,612,717
Total Expenses
$3,632,951
Total Assets
$5,540,238
Net Assets
$2,881,231
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1922
Legal Domicile
VA
Principal Officer
ROBERT F ANDERSON CPA
Phone
8046481234
Tax Period
2025-01-01 to 2025-12-31

GREATER RICHMOND CHAMBER OF COMMERCE, founded in 1922, is a community nonprofit that reported $3.6M in total revenue in fiscal year 2025.

Mission

CHAMBERRVA IS THE TRUSTED VOICE FOR MODERN BUSINESS IN THE RICHMOND VIRGINIA REGION. WE ARE CHANGE AGENTS, RALLYING TO DO THE HARD THINGS THAT WILL CREATE A MORE CONNECTED, PROSPEROUS, HEALTH AND EQUITABLE COMMUNITY.

Program Service Accomplishments

Program 1

THE CHAMBER SERVES ITS MEMBERS THROUGH A VARIETY OF PROGRAMS AND EVENTS DESIGNED TO PROVIDE VALUE TO THEIR BUSINESSES THROUGH LEADERSHIP TRAINING AND EDUCATION, RELATIONSHIP BUILDING AND RECOGNITION...

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THE CHAMBER SERVES ITS MEMBERS THROUGH A VARIETY OF PROGRAMS AND EVENTS DESIGNED TO PROVIDE VALUE TO THEIR BUSINESSES THROUGH LEADERSHIP TRAINING AND EDUCATION, RELATIONSHIP BUILDING AND RECOGNITION PROGRAMMING.

Program 2

THE CHAMBER SERVES ITS MEMBERS THROUGH ADVOCACY ON BUSINESS ISSUES WITH ELECTED OFFICALS AND LOCAL GOVERNMENT LEADERS. THE CHAMBER ALSO LEADS THE BUSINESS AGENDA FOR THE REGION REGARDING LEGISLATIVE...

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THE CHAMBER SERVES ITS MEMBERS THROUGH ADVOCACY ON BUSINESS ISSUES WITH ELECTED OFFICALS AND LOCAL GOVERNMENT LEADERS. THE CHAMBER ALSO LEADS THE BUSINESS AGENDA FOR THE REGION REGARDING LEGISLATIVE MATTERS AT THE VIRGINIA GENERAL ASSEMBLY.

Program 3

THE CHAMBER SERVES ITS MEMBERS AND THE RICHMOND REGION COMMUNITY THROUGH SUPPORT OF REGIONAL BRANDING, ECONOMIC DEVELOPMENT, LEADERSHIP INITIATIVES, WORKFORCE DEVELOPMENT INCLUDING TALENT ATTRACTION...

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THE CHAMBER SERVES ITS MEMBERS AND THE RICHMOND REGION COMMUNITY THROUGH SUPPORT OF REGIONAL BRANDING, ECONOMIC DEVELOPMENT, LEADERSHIP INITIATIVES, WORKFORCE DEVELOPMENT INCLUDING TALENT ATTRACTION AND RETENTION, AS WELL AS PROMOTION OF EARLY CHILDHOOD DEVELOPMENT PROGRAMS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $461,244
Program Service Revenue $3,086,520
Investment Income $64,953
Other Revenue $0
TOTAL REVENUE $3,612,717

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,136,556
Fundraising Expenses $0
Other Expenses $1,496,395
TOTAL EXPENSES $3,632,951

Year-over-Year Comparison

2025 2024 Change
Revenue $3,612,717 $3,695,846 0.0%
Expenses $3,632,951 $3,719,934 0.0%
Net Income $-20,234 $-24,088 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
68
Independent Members
68
Employees
15
Volunteers
270

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$679,766
Total Directors
69
$489,236
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN ANDERSON PRESIDENT & CEO 40.00
Officer Director
$417,431 $71,805 $489,236
MITCH HADDON CHAIR 2.00
Officer Director
$0 $0 $0
JENNIFER HUNTER CHAIR ELECT 2.00
Officer Director
$0 $0 $0
KEN AMPY VICE CHAIR/TREASURER 2.00
Officer Director
$0 $0 $0
MARIA TEDESCO IMMEDIATE PAST CHAIR/DIREC 2.00
Director
$0 $0 $0
ANDY POARCH COUNCIL FORUM CHAIR 2.00
Director
$0 $0 $0
MAKOLA ABDULLAH DIRECTOR 2.00
Director
$0 $0 $0
JAYAKEERTHI JK ANAND DIRECTOR 2.00
Director
$0 $0 $0
NATHALIA ARTUS DIRECTOR 2.00
Director
$0 $0 $0
ED BAINE DIRECTOR 2.00
Director
$0 $0 $0
GREG BISHOP DIRECTOR 2.00
Director
$0 $0 $0
TAYLAN BOZKURT DIRECTOR 2.00
Director
$0 $0 $0
VICTOR BRANCH DIRECTOR 2.00
Director
$0 $0 $0
JOVAN BURTON DIRECTOR 2.00
Director
$0 $0 $0
RON CAREY DIRECTOR 2.00
Director
$0 $0 $0
SHEKAR CHALLA DIRECTOR 2.00
Director
$0 $0 $0
PAT COLLINS DIRECTOR 2.00
Director
$0 $0 $0
NICK COOPER DIRECTOR 2.00
Director
$0 $0 $0
BOBBY COWGILL DIRECTOR 2.00
Director
$0 $0 $0
ELIZABETH CREAMER DIRECTOR 2.00
Director
$0 $0 $0
ABBY CREDICOTT SMITH DIRECTOR 2.00
Director
$0 $0 $0
TIM DAVEY DIRECTOR 2.00
Director
$0 $0 $0
JILL DONALDSON DIRECTOR 2.00
Director
$0 $0 $0
CHRIS DURAND DIRECTOR 2.00
Director
$0 $0 $0
BILL FIEGE DIRECTOR 2.00
Director
$0 $0 $0
HAROLD FITRER DIRECTOR 2.00
Director
$0 $0 $0
LEAH FREMOUW DIRECTOR 2.00
Director
$0 $0 $0
REGGIE GORDON DIRECTOR 2.00
Director
$0 $0 $0
KYM GRINNAGE DIRECTOR 2.00
Director
$0 $0 $0
KARAH GUNTHER DIRECTOR 2.00
Director
$0 $0 $0
RENEE HALTOM DIRECTOR 2.00
Director
$0 $0 $0
BERNARD HARKLESS DIRECTOR 2.00
Director
$0 $0 $0
PHIL HATFIELD DIRECTOR 2.00
Director
$0 $0 $0
KEN HENRY DIRECTOR 2.00
Director
$0 $0 $0
REBECCA IVINS DIRECTOR 2.00
Director
$0 $0 $0
BRIAN JACKSON DIRECTOR 2.00
Director
$0 $0 $0
BRYAN JONES DIRECTOR 2.00
Director
$0 $0 $0
LANCE JONES DIRECTOR 2.00
Director
$0 $0 $0
CHRIS LAYNE DIRECTOR 2.00
Director
$0 $0 $0
TRINA LEE DIRECTOR 2.00
Director
$0 $0 $0
WENDY LEWIS DIRECTOR 2.00
Director
$0 $0 $0
HAKIM LUCAS DIRECTOR 2.00
Director
$0 $0 $0
KELLEY MCCALL DIRECTOR 2.00
Director
$0 $0 $0
KELSEY MCLELAND DIRECTOR 2.00
Director
$0 $0 $0
WILL MELTON DIRECTOR 2.00
Director
$0 $0 $0
PERRY MILLER DIRECTOR 2.00
Director
$0 $0 $0
ERIC MORALES DIRECTOR 2.00
Director
$0 $0 $0
PAULA PANDO DIRECTOR 2.00
Director
$0 $0 $0
TODD PARNELL DIRECTOR 2.00
Director
$0 $0 $0
JARROTT PATTESON DIRECTOR 2.00
Director
$0 $0 $0
SCOTT PERRIN DIRECTOR 2.00
Director
$0 $0 $0
MICKEY QUINONES DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL REYNOLD DIRECTOR 2.00
Director
$0 $0 $0
RHODES RITENOUR DIRECTOR 2.00
Director
$0 $0 $0
ABBY ROGERS DIRECTOR 2.00
Director
$0 $0 $0
ALLISON ROGISH DIRECTOR 2.00
Director
$0 $0 $0
LISA RUGGLES DIRECTOR 2.00
Director
$0 $0 $0
BRANDON SHAW DIRECTOR 2.00
Director
$0 $0 $0
ROB SHINN DIRECTOR 2.00
Director
$0 $0 $0
MELODY SHORT DIRECTOR 2.00
Director
$0 $0 $0
BROOKS SMITH DIRECTOR 2.00
Director
$0 $0 $0
JAYME SWAIN DIRECTOR 2.00
Director
$0 $0 $0
BRIAN TRADER DIRECTOR 2.00
Director
$0 $0 $0
MELVIN WATKINS DIRECTOR 2.00
Director
$0 $0 $0
WHITNEY WHITE DIRECTOR 2.00
Director
$0 $0 $0
LYNN WHITE DIRECTOR 2.00
Director
$0 $0 $0
MADISON WILKINS DIRECTOR 2.00
Director
$0 $0 $0
RICHARD WINSTCH DIRECTOR 2.00
Director
$0 $0 $0
RACHEL YOST DIRECTOR 2.00
Director
$0 $0 $0
ROBERT F ANDERSON CPA CFO 40.00
Officer
$159,175 $31,355 $190,530
STEPHANIE PHILLIPS MEMBER ENGAGEMENT DIRECTOR 40.00
Highest
$116,372 $36,941 $153,313
CHRISTINA MASTROIANNI CHIEF STRATEGY OFFICER 40.00
Highest
$135,956 $40,161 $176,117
MARIBETH CONRAD VP, MARKETING AND COMMUNICATIONS 40.00
Highest
$110,501 $23,447 $133,948
CHRISTY MCCURDY CORPORATE SECRETARY 40.00
Highest
$115,492 $30,161 $145,653
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,612,717 $3,632,951 $5,540,238 $-20,234
2024 $3,695,846 $3,719,934 $5,723,067 $-24,088
2023 $3,305,735 $3,618,576 $4,037,256 $-312,841
2022 $3,182,479 $3,105,544 $4,268,110 $76,935
2021 $3,217,142 $2,883,320 $4,250,981 $333,822
2020 $3,138,303 $3,325,885 $3,900,869 $-187,582
2019 $2,975,565 $2,753,027 $4,336,231 $222,538
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