Roanoke Valley Convention and Vis- Itors Bureau
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Roanoke Valley Convention and Vis- Itors Bureau is a 501(c)(6) organization based in Roanoke, Virginia, registered in 1990, with $4,085,893 in FY2023 revenue. CharityIndex grades it B.
101 Shenandoah Ave Ne, Roanoke, VA, 24016 EIN 54-1520963 Since 1990
Revenue (FY2023)
$4.1M
▲ 1.7% vs prior year
Expenses (FY2023)
$4.4M
Net assets
$2.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Roanoke Valley Convention and Vis- Itors Bureau— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating6 mo reserves · -8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Roanoke Valley Convention and Vis- Itors Bureau: 6 mo reserves · -8% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Roanoke Valley Convention and Vis- Itors Bureau— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Roanoke Valley Convention and Vis- Itors Bureau: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $2.6M (FY2013) to $4.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.1MNet assets $2.3M
Operating margin
-8.5%
Spent more than it raised in the latest fiscal year.
Total assets
$3.4M
Total liabilities
$1.1M
Net assets
$2.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,085,893▲1.7% | $4,431,264▲1.3% | $2,324,604▲16.3% | $3,434,563▲4.3% | 990 |
| 2022 | $4,018,675▼4.3% | $4,373,097▲27.0% | $1,998,865▼15.1% | $3,294,231▼4.2% | 990 |
| 2021 | $4,197,074▲69.9% | $3,442,291▲73.6% | $2,353,287▲47.2% | $3,438,389▲63.6% | 990 |
| 2020 | $2,470,876▼8.8% | $1,982,324▼20.1% | $1,598,504▲44.0% | $2,101,465▲34.5% | 990 |
| 2019 | $2,707,942▼15.1% | $2,480,294▼27.8% | $1,109,952▲25.8% | $1,562,151▲61.9% | 990 |
| 2018 | $3,189,697▼4.6% | $3,436,485▲14.2% | $882,304▼21.9% | $964,673▼20.6% | 990 |
| 2017 | $3,342,789▲13.9% | $3,009,318▼1.9% | $1,129,092▲41.9% | $1,214,220▲36.5% | 990 |
| 2016 | $2,935,370▲3.6% | $3,066,245▲5.0% | $795,621▼14.1% | $889,835▼9.6% | 990 |
| 2015 | $2,833,776▼1.1% | $2,919,720▲10.3% | $926,496▼8.5% | $984,874▼8.1% | 990 |
| 2014 | $2,866,001▲9.4% | $2,647,772▲9.6% | $1,012,440▲27.5% | $1,071,691▲25.7% | 990 |
| 2013 | $2,620,306 | $2,415,795▲61.0% | $794,211▲34.7% | $852,881▲30.3% | 990 |
| 2012 | — | $1,500,077 | $589,700 | $654,559 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $25K total
1 grant to Roanoke Valley Convention and Vis- Itors Bureau totaling $25K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Carilion Medical Center | Vbr twenty24 sponsorship | 2021 | $25,000 |
Frequently asked questions
- Is Roanoke Valley Convention and Vis- Itors Bureau a legitimate nonprofit?
- Yes. Roanoke Valley Convention and Vis- Itors Bureau is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 54-1520963, based in Roanoke, Virginia.
- What is Roanoke Valley Convention and Vis- Itors Bureau's EIN?
- Roanoke Valley Convention and Vis- Itors Bureau's Employer Identification Number (EIN) is 54-1520963.
- How much revenue does Roanoke Valley Convention and Vis- Itors Bureau report?
- Roanoke Valley Convention and Vis- Itors Bureau reported $4,085,893 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Roanoke Valley Convention and Vis- Itors Bureau have?
- CharityIndex grades Roanoke Valley Convention and Vis- Itors Bureau B, based on financial health (reserves and operating margin).
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Data for Roanoke Valley Convention and Vis- Itors Bureau (EIN 54-1520963) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.