COASTAL VIRGINIA BUILDING INDUSTRY ASSOCIATION

EIN: 540609866 Community Improvement

VIRGINIA BEACH, VA

Total Revenue
$1,141,909
Total Expenses
$1,138,998
Total Assets
$1,854,698
Net Assets
$1,029,358
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
VA
Principal Officer
REAGAN GROHLER
Phone
7574202434
Tax Period
2024-01-01 to 2024-12-31

COASTAL VIRGINIA BUILDING INDUSTRY ASSOCIATION, founded in 1953, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2024.

Mission

PROMOTING COOPERATION BETWEEN ALL BRANCHES OF THE HOME BUILDING INDUSTRY.

Program Service Accomplishments

Program 1

THE ASSOCIATION OPERATES FOR THE BENEFIT OF BUILDERS AND THOSE ENGAGE IN ALLIED TRADES, INDUSTRIES, BUSINESSES, AND PROFESSIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $44,926
Program Service Revenue $1,054,605
Investment Income $132
Other Revenue $42,246
TOTAL REVENUE $1,141,909

Expense Breakdown

Grants Paid $0
Salaries & Benefits $404,624
Fundraising Expenses $0
Other Expenses $734,374
TOTAL EXPENSES $1,138,998

Year-over-Year Comparison

2024 2023 Change
Revenue $1,141,909 $1,191,097 0.0%
Expenses $1,138,998 $1,188,720 0.0%
Net Income $2,911 $2,377 +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
79
Independent Members
79
Employees
6
Volunteers
79

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
$122,762
Total Directors
79
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN MCLELLON PRESIDENT 0.00
Officer Director
$0 $0 $0
COLBY RAYMOND VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
MATTHEW ABBITT TREASURER 0.00
Officer Director
$0 $0 $0
FRED NAPOLITANO III SECRETARY 0.00
Officer Director
$0 $0 $0
ROD ADKINS DIRECTOR 0.00
Director
$0 $0 $0
JEFF BRUZZESI DIRECTOR 0.00
Director
$0 $0 $0
BARBARA EWELL DIRECTOR 0.00
Director
$0 $0 $0
ROSS MORGAN DIRECTOR 0.00
Director
$0 $0 $0
PAUL WALLACE DIRECTOR 0.00
Director
$0 $0 $0
ADAM CARROLL DIRECTOR 0.00
Director
$0 $0 $0
BOB EVANS DIRECTOR 0.00
Director
$0 $0 $0
GRACE GILLESPIE DIRECTOR 0.00
Director
$0 $0 $0
FRANK HRUSKA DIRECTOR 0.00
Director
$0 $0 $0
STEPHEN QUICK DIRECTOR 0.00
Director
$0 $0 $0
JOHN BARNES DIRECTOR 0.00
Director
$0 $0 $0
MATT BENSON DIRECTOR 0.00
Director
$0 $0 $0
DONNIE CROSS DIRECTOR 0.00
Director
$0 $0 $0
VINCENT NAPOLITANO II DIRECTOR 0.00
Director
$0 $0 $0
DON WEEKS DIRECTOR 0.00
Director
$0 $0 $0
LAURIE ARCAND DIRECTOR 0.00
Director
$0 $0 $0
GREG HARRELL DIRECTOR 0.00
Director
$0 $0 $0
MELISSA QUEENEY DIRECTOR 0.00
Director
$0 $0 $0
TOMMY SALAS DIRECTOR 0.00
Director
$0 $0 $0
COLE TROWER DIRECTOR 0.00
Director
$0 $0 $0
ADAM BROWN DIRECTOR 0.00
Director
$0 $0 $0
CHRIS MORIN DIRECTOR 0.00
Director
$0 $0 $0
SHIRLEY SASSER DIRECTOR 0.00
Director
$0 $0 $0
TROY SMITH JR DIRECTOR 0.00
Director
$0 $0 $0
DIANE STEIN DIRECTOR 0.00
Director
$0 $0 $0
CLAY TOURAULT DIRECTOR 0.00
Director
$0 $0 $0
ROBERT CRINER DIRECTOR 0.00
Director
$0 $0 $0
STEVE CUNNINGHAM DIRECTOR 0.00
Director
$0 $0 $0
STEVE LAWSON DIRECTOR 0.00
Director
$0 $0 $0
BOB DEACON DIRECTOR 0.00
Director
$0 $0 $0
BILL DESTEPH DIRECTOR 0.00
Director
$0 $0 $0
BRENDA REID DIRECTOR 0.00
Director
$0 $0 $0
JOHN OLIVIERI DIRECTOR 0.00
Director
$0 $0 $0
RYAN ROSE DIRECTOR 0.00
Director
$0 $0 $0
CHARLIE GUNTER DIRECTOR 0.00
Director
$0 $0 $0
KELLY SCHNEIDER DIRECTOR 0.00
Director
$0 $0 $0
TIMOTHY O TRANT II DIRECTOR 0.00
Director
$0 $0 $0
KIM CURTIS DIRECTOR 0.00
Director
$0 $0 $0
RACHEAL DEMBITZ DIRECTOR 0.00
Director
$0 $0 $0
KERRI WOODWARD DIRECTOR 0.00
Director
$0 $0 $0
JEFF AINSLIE DIRECTOR 0.00
Director
$0 $0 $0
JOHN AINSLIE DIRECTOR 0.00
Director
$0 $0 $0
JOHN NAPOLITANO DIRECTOR 0.00
Director
$0 $0 $0
VINCENT A NAPOLITANO DIRECTOR 0.00
Director
$0 $0 $0
MICHAEL NEWSOME DIRECTOR 0.00
Director
$0 $0 $0
FREDERICK NAPOLITANO SR DIRECTOR 0.00
Director
$0 $0 $0
ROBIN NEWHOUSE DIRECTOR 0.00
Director
$0 $0 $0
MIKE RASHKIND DIRECTOR 0.00
Director
$0 $0 $0
BOB WIDENER DIRECTOR 0.00
Director
$0 $0 $0
PATRICK REYNOLDS DIRECTOR 0.00
Director
$0 $0 $0
JENNY EDGERTON DIRECTOR 0.00
Director
$0 $0 $0
TUCK BOWIE DIRECTOR 0.00
Director
$0 $0 $0
RAY BREEDEN DIRECTOR 0.00
Director
$0 $0 $0
SAM COHEN DIRECTOR 0.00
Director
$0 $0 $0
RICKY EDGERTON DIRECTOR 0.00
Director
$0 $0 $0
WILLIAM FANNEY DIRECTOR 0.00
Director
$0 $0 $0
RICHARD GUY DIRECTOR 0.00
Director
$0 $0 $0
LARRY HILL DIRECTOR 0.00
Director
$0 $0 $0
DOYLE HULL DIRECTOR 0.00
Director
$0 $0 $0
CHIP IULIANO DIRECTOR 0.00
Director
$0 $0 $0
PETE A KOTARIDES DIRECTOR 0.00
Director
$0 $0 $0
RANDY LENZ DIRECTOR 0.00
Director
$0 $0 $0
JOHN PETERSON DIRECTOR 0.00
Director
$0 $0 $0
DOUG SMITH DIRECTOR 0.00
Director
$0 $0 $0
JEFF WERMERS DIRECTOR 0.00
Director
$0 $0 $0
LYLE WERMERS DIRECTOR 0.00
Director
$0 $0 $0
ERIN WIDENER MCCONNELL DIRECTOR 0.00
Director
$0 $0 $0
DON WILLIAMS DIRECTOR 0.00
Director
$0 $0 $0
BOB LAWSON DIRECTOR 0.00
Director
$0 $0 $0
PAUL CRINER DIRECTOR 0.00
Director
$0 $0 $0
FRED NAPOLITANO II DIRECTOR 0.00
Director
$0 $0 $0
TU RITTER DIRECTOR 0.00
Director
$0 $0 $0
DAVID BLALOCK DIRECTOR 0.00
Director
$0 $0 $0
ERIC SASSER DIRECTOR 0.00
Director
$0 $0 $0
SCOTT GANDY DIRECTOR 0.00
Director
$0 $0 $0
REAGAN GROHLER CHIEF EXECUTIVE OFFICER 1.00
Officer
$117,309 $5,453 $122,762
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
2024 $1,141,909 $1,138,998 $1,854,698 $2,911
2023 $1,191,097 $1,188,720 $1,997,226 $2,377
2022 $1,212,799 $1,226,034 $2,013,619 $-13,235
2021 $1,216,454 $1,202,868 $1,740,767 $13,586
2019 $2,306,426 $1,852,979 $1,881,385 $453,447
2018 $1,731,364 $1,745,582 $1,013,069 $-14,218
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