Downtown Norfolk Development Corporation logo

Downtown Norfolk Development Corporation

NORFOLK, VA EIN: 54-1122850 Website

THE DOWNTOWN NORFOLK COUNCIL (DNC) ENHANCES DOWNTOWN NORFOLK'S VALUE, ENERGY, AND ACTIVITY THROUGH PROVIDING ESSENTIAL CLEAN AND SAFE SERVICES, STRENGTHENING AUTHENTIC URBAN EXPERIENCES, AND FOSTERING INCLUSIVE COMMUNITY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

-11.3% YoY

Annual Giving

$40K

+35.2% YoY

Grant Count

4

+33.3% YoY

Avg Grant Size

$10K

+1.4% YoY

About Downtown Norfolk Development Corporation

Based on IRS filings

Downtown Norfolk Development Corporation is a nonprofit organization, based in NORFOLK, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 4 grants totaling $40K. Net investment income was $32K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

NorfolkVirginia Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$792K$2M$2M$3M2021202220232024
Metric202420232022
Total Assets$1,936,058$2,181,908$2,778,298
Revenue$2,497,578$2,378,826$2,621,273
Expenses$2,784,821$2,864,700$2,404,994
Qualifying Distributions
Net Investment Income$32,494$1,351$-4,108
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$14K$28K$42K$56K8 grants20210 grants20223 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

HURRAH PLAYERS$10KPRINCE INK$10KTCC REAL ESTATE FOUNDATION$10KDAS AUTOHAUS OF VB LLC$10K

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

3 open opportunities from Downtown Norfolk Development Corporation

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MARY MILLERPRESIDENT/CEO$136K

From 2024 filing

NameTitleHoursCompensation
JAMES WOFFORDIMMEDIATE PAST CHAIR1
MEL PRICECHAIR1
TOMMY LEEMANDIRECTOR1
JENNY BONSIEWICHTREASURER1
PRESTON CARRAWAYDIRECTOR1
LORRAINE CONNAUGHTONDIRECTOR1
SCOTT CAMPBELLDIRECTOR1
CHRISTIAN CONWAYDIRECTOR1
MATTHEW CROWEEXECUTIVE COMMITTEE1
PATRICK EDWARDSVICE CHAIR1
JESSE HEMPHILLDIRECTOR1
RAY KINGEXECUTIVE COMMITTEE1
MILES LEONDIRECTOR1
CHRISTY MARRONDIRECTOR1
MICHELLE NICHOLSDIRECTOR1
LACY PETERSONDIRECTOR1
JIMMY SCHOOLSDIRECTOR1
BRITTANY TREBLEDIRECTOR1
ALEC YUZHBABENKODIRECTOR1
RAFFAELE ALLENEXECUTIVE COMMITTEE1
DEAN BUCKIUSEXECUTIVE COMMITTEE1
TONY BROTHERSDIRECTOR1
DAN HANKINDIRECTOR1
PETE BURYKEXECUTIVE COMMITTEE1
AMY SAMPSONDIRECTOR1
EVA WIGGINSDIRECTOR1
MARY MILLERPRESIDENT/CEO40$135,770

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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