Hampton Roads Association for Commercial Real Estate logo

Hampton Roads Association for Commercial Real Estate

501(c)(6) organization Virginia Beach, VA EIN: 54-1648222 Website

To educate and inform the commercial real estate industry and other interested parties of important timely real estate issues.

Hampton Roads Association for Commercial Real Estate at a glance

In short: Hampton Roads Association for Commercial Real Estate gave $16K across 1 grant in 2024 (avg $16K), mostly in Virginia. Source: 2024 IRS Form 990.

Annual giving (2024)
$16,199
+4.0% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$16,199
+4.0% vs 2023
Median grant
$16,199
Total assets
$413,755
+18.4% vs 2023
Primary geography
Virginia (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated October 2026.

Who Hampton Roads Association for Commercial Real Estate funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Hracre Reach Foundation Inc: $16KHracre Reach Foundation Inc$16K

The largest 2024 recipient was Hracre Reach Foundation Inc ($16K).

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Virginia Beach

How Hampton Roads Association for Commercial Real Estate gives

  • Giving held roughly steady from 2021 to 2024 (−1%). Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30KTotal only2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $200 (2020) to $26K (2022). In 2024 it made 1 grant totaling $16K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Hracre Reach Foundation Inc Virginia Beach, VAPromote education and career initiatives within the hampton roads, Virginia area.$16,199
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$413,755$392,839$327,622$16,1991$10,521
2023$349,341$312,633$342,563$15,5741$6,266
2022$376,268$390,491$319,126$26,0311$444
2021$305,100$315,700$268,649$16,3991$254
2020$258,474$226,469$193,491$200Total only$445

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About Hampton Roads Association for Commercial Real Estate

Based on IRS filings

Hampton Roads Association for Commercial Real Estate is a public charity, based in Virginia Beach, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $414K in total assets. In 2024, it awarded 1 grant totaling $16K. Net investment income was $11K.

Leadership & Key People

Officers and directors from IRS filings

Hampton Roads Association for Commercial Real Estate is led by Bret Underwood, President since 2024 (on filings since 2021); none of the 35 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Bret Underwood

    President

    Secretary → President-Elect, 2023

    President-Elect → President, 2024

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Alvin J Owens

    Board Member

    Treasurer → Board Member, 2023

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Andrew Stein

    Board Member

    On filings since 2020

    2 hrs/week

    No compensation reported

  • James E. Toups

    Board Member

    Vice President → President, 2022

    President → Board Member, 2023

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Mark G. Rinaldi

    Board Member

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Mary S. Long

    Board Member

    President → Immediate Past President, 2021

    Immediate Past President → Board Member, 2022

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Robert Orlando

    Board Member

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Thomas E. Snyder

    Board Member

    On filings since 2020

    2 hrs/week

    No compensation reported

  • William L. Nusbaum Atty

    Board Member

    President - Elect → President, 2023

    President → Board Member, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Bonnie Stretz

    Treasurer

    Board Member → Treasurer, 2023

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Jeffrey Harris

    Board Member

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Kate Cerone

    Board Member

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Craig Read

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Kelli Fox

    President Elect

    Board Member → Secretary, 2023

    Secretary → President Elect, 2024

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Leonard Provost

    Secretary

    Board Member → Secretary, 2024

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Michael Allen

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Robert Sult

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Steve Romine

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Brian Wilson

    Board Member

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Chris Devine

    Board Member

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Curtis Cobert

    Board Member

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Darian Fisher

    Board Member

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Kristina Townsend

    Board Member

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Matthew Baumgarten

    Board Member

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Nicole Campbell

    Board Member

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Yisroel Stein

    Board Member

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Bill Pollard

    Board Member

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Endicott Parks

    Board Member

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Hobie Ritzel

    Board Member

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Jan Hall

    Board Member

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Joseph Bushey

    Board Member

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Kristi Barker

    Board Member

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Matt Sheely

    Board Member

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Michael Zarpas

    Board Member

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Sam Rapoport

    Board Member

    New on the 2024 filing

    2 hrs/week

    No compensation reported

Former officers (30)
  • Former: Angela Bezik (2020–2023) — Board Member
  • Former: Stewart Sacks (2020–2023) — Board Member
  • Former: Thomas Atherton (2020–2023) — Board Member
  • Former: Mike Zarpas (2021–2023) — Board Member
  • Former: Crystal Rivernbark (2022–2023) — Board Member
  • Former: Jennifer Coradi (2022–2023) — Board Member
  • Former: Chanda Chann (2023) — Board Member
  • Former: Bonnie Holt (2020–2022) — Board Member
  • Former: Edward Denton (2020–2022) — Board Member
  • Former: Eric Keplinger (2020–2022) — Board Member
  • Former: Krista J. Costa (2020–2022) — Board Member
  • Former: Michael A. Inman (2020–2022) — Board Member
  • Former: Thomas A. O'Grady (2020–2022) — Board Member
  • Former: Jeremy Starkey (2021–2022) — Board Member
  • Former: Brandon Shewbridge (2022) — Board Member
  • Former: Zachary Miller (2022) — Board Member
  • Former: Donald H. Britt CPA (2020–2021) — Board Member
  • Former: Hugh D. Cohen (2020–2021) — Board Member
  • Former: Janice M. Hall Cpsm Leed Ap Bdc (2020–2021) — Board Member
  • Former: Jennifer Belman (2020–2021) — Board Member
  • Former: Teresa C. Peters Cpm (2020–2021) — Board Member
  • Former: Craig Cope (2021) — Board Member
  • Former: Christopher T. Aebel Pe Cdt Env Sp (2020) — Board Member
  • Former: Daniel E. Beck (2020) — Board Member
  • Former: Erica Viola (2020) — Board Member
  • Former: F. Craig Read (2020) — Board Member
  • Former: Joan Larock (2020) — Board Member
  • Former: Kenneth E. Rodman Jr Pe (2020) — Immediate Past President
  • Former: Michael Berry (2020) — Board Member
  • Former: Stephen R. Romine (2020) — Board Member

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Hampton Roads Association for Commercial Real Estate

How much does Hampton Roads Association for Commercial Real Estate give each year?

Hampton Roads Association for Commercial Real Estate gave $16K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $16K across 1 grant.

How large is Hampton Roads Association for Commercial Real Estate?

Hampton Roads Association for Commercial Real Estate reported $414K in total assets on its 2024 IRS Form 990. Its revenue that year was $393K.

Where does Hampton Roads Association for Commercial Real Estate operate?

Hampton Roads Association for Commercial Real Estate has awarded grants in Virginia.

What is Hampton Roads Association for Commercial Real Estate's EIN?

Hampton Roads Association for Commercial Real Estate's EIN (Employer Identification Number) is 54-1648222. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 11, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS October 24, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Hampton Roads Association for Commercial Real Estate's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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