Hampton Roads Shipping Association FY2020 filing

Not tax-deductible

Norfolk, VA501(c)(6)Since 1971Mutual / membership EIN 23-7241557Revenue $3.0M in FY2020Latest return filed Aug 14, 2026

On file with the IRS236 E Plume St, 23510-1726 · Norfolk, VATax-exempt since Oct 1973

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Port promotion, labor negotiations, safety program, and training of waterfr0nt labor.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$945K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $412K a year · 6% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$945K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
1 mo
of spending, in cash
Plus $29.7M in investments, Pt X · Ln 11–13
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$5.6M
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 17 voting members
Looks good: 15 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.0M
Spent
$6.0M
Net assets
$26.6M
By yearFY2020–FY2025
Revenue
$3.0M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$3.0M
FY2021$8.3M
FY2022$6.7M
FY2023$7.1M
FY2024$6.2M
FY2025$7.6M
Expenses
$6.0M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$6.0M
FY2021$6.4M
FY2022$6.9M
FY2023$7.4M
FY2024$7.5M
FY2025$7.1M
Net assets
$26.6M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$26.6M
FY2021$30.5M
FY2022$24.5M
FY2023$25.4M
FY2024$29.6M
FY2025$30.3M

From the FY2020 Form 990 (year ending September 2020) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1973.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

20 people listed on the 990; $945K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$467,784Pt VII · Sec A
Exec VP and Secretary
$163,827Pt VII · Sec A
Director, IT
$128,969Pt VII · Sec A
VP of Finance & Administration
$88,496Pt VII · Sec A
VP of Industry & Govt Affairs
$79,348Pt VII · Sec A
$5,000Pt VII · Sec A
Chairman
$5,000Pt VII · Sec A
$3,530Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Roger Giesinger$528,530$591,554————
Roger J Geisinger——$530,916$522,810——
Roger J Giesinger————$483,080$467,784
Jeremy Bridges$431,250$302,476————
Mick Drevyanko$187,250—————
Michael Drevyanko——$169,547——$128,969
David C White—————$163,827
Shwetha Sunder$138,000—$102,025———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Hampton Roads Shipping Association executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promote ports, negotiate labor, and train waterfront workers for safety.

Questions for Hampton Roads Shipping Association

Tap to ask. Hampton Roads Shipping Association sees how many people are interested.

Your first name shows with your question. Hampton Roads Shipping Association answers here, for everyone.

3 programs · in their own filed words · FY2019
01

Port Promotion / Trade Missions

Organization and participation of trade missions and other programs to grow port business and related economic development.

Pt IX · col B
02

Safety Program

Oversee the Drug and Alcohol testing, provide equipment training, and safety training for ILA employers.

Pt IX · col B
03

Dispatchers

Daily filling of labor orders and dispatch of labor to employers, and associated record keeping.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 18 grants · $1.7M · 2019–2024
VmapacFY2023$90,000
Nauticus FoundationVA · FY2023$65,000
Norfolk Festevents LtdVA · FY2023$25,000
Life Rolls on FoundationCA · FY2023$5,500
Maritime Issue CouncilFY2022$90,000
Life Rolls on FoundationCA · FY2022$5,900
Maritime Issue CouncilFY2021$67,500
Maritime Issue CouncilFY2020$90,000
Maritime Issue CouncilFY2019$70,000

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$3.0M
Ln 12
Fees for servicesLn 2g$2.1M
Investment incomeLn 3$875K
Other incomeLn 4–11$203
Money outPt IX
$6.0M
Ln 25
Owns and owesPt X
$26.6M
net assets · Ln 32
Cash and savingsLn 1–2$476K
Total assetsLn 16$32.2M
LiabilitiesLn 26$5.6M
PeoplePt VI, VII
20
listed · VII A
PaidVII A9
Voting boardVI 1a17
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.1M
Investment incomeLn 3$875K
Other incomeLn 4–11$203
Gains on assetsLn 7$158K
Total revenueLn 12$3.0M
Assets in detailPt X, end of year
CashLn 1$476K
Cash and savings togetherLn 1–2$476K
Accounts receivableLn 4$572K
Prepaid expenses and deferred chargesLn 9$367K
Land, buildings, equipmentLn 10c$1.1M
InvestmentsLn 11–13$29.7M
Total assetsLn 16$32.2M
LiabilitiesLn 26$5.6M
Net assetsLn 32$26.6M
OperationsPt I, VI
EmployeesI 512
VolunteersI 617
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$126K$476K
InvestmentsLn 11–13$27.3M$29.7M
Land, buildings, equipmentLn 10c$1.2M$1.1M
Total assetsLn 16$31.2M$32.2M
LiabilitiesLn 26$3.1M$5.6M
Net assetsLn 32$28.1M$26.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$295K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$662K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.3M
Pension plan contributionsLn 8$286K
Other employee benefitsLn 9$360K
Payroll taxesLn 10$123K
Management feesLn 11a$0
Legal feesLn 11b$203K
Accounting feesLn 11c$35K
Lobbying feesLn 11d$42K
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$208K
Other fees for servicesLn 11g$651K
Advertising and promotionLn 12$25K
Office expensesLn 13$23K
Information technologyLn 14$141K
RoyaltiesLn 15$0
OccupancyLn 16$84K
TravelLn 17$88K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$20K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$256K
InsuranceLn 23$757K
Other expenses (24a–d)Ln 24$260K
All other expensesLn 24e$128K
Total functional expensesLn 25$6.0M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Aug 14, 2026 $7.6M$7.1M$545K$30.3M 990 PDF
FY2024Filed with the IRS Aug 14, 2025 $6.2M$7.5M−$1.3M$29.6M 990 PDF
FY2023Filed with the IRS Aug 14, 2024 $7.1M$7.4M−$386K$25.4M 990 PDF
FY2022Filed with the IRS Aug 8, 2023 $6.7M$6.9M−$220K$24.5M 990 PDF
FY2021Filed with the IRS Aug 15, 2022 $8.3M$6.4M$1.9M$30.5M 990 PDF
FY2020 ViewingFiled with the IRS Aug 16, 2021 $3.0M$6.0M−$3.0M$26.6M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $2,980,206 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $12,250$0
I-9 Program service revenuePrior year $7,765,712$2,104,650
I-10 Investment incomePrior year $2,015,826$875,353
I-11 Other revenuePrior year $33,927$203
I-12 Total revenuePrior year $9,827,715$2,980,206
I-13 Grants and similar amounts paidPrior year $39,587$295,240
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,561,259$2,781,067
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $6,096,912$2,921,486
I-18 Total expensesPrior year $8,697,758$5,997,793
I-19 Revenue less expensesPrior year $1,129,957−$3,017,587
Part VI · Governance 15 of 17 board members independent, 3 to look at
VI-1a Voting members of the governing body17
VI-1b Independent voting members15
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,980,206 across 9 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,104,650$2,104,650
VIII-3 Investment incomeExcluded from tax $716,880$716,880
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax $158,473$158,473
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $203$203
VIII-12 Total revenueRelated to mission $2,104,650 · Excluded from tax $875,556$2,980,206
Part IX · Statement of functional expenses $5,997,793 across 31 lines filed
IX-1 Grants to domestic organizations$295,240
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$662,421
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$1,349,519
IX-8 Pension plan contributions$285,865
IX-9 Other employee benefits$360,226
IX-10 Payroll taxes$123,036
IX-11a Management fees$0
IX-11b Legal fees$203,483
IX-11c Accounting fees$34,950
IX-11d Lobbying fees$41,913
IX-11f Investment management fees$207,916
IX-11g Other fees for services$651,249
IX-12 Advertising and promotion$25,000
IX-13 Office expenses$23,240
IX-14 Information technology$140,859
IX-15 Royalties$0
IX-16 Occupancy$83,677
IX-17 Travel$88,106
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$20,085
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$255,910
IX-23 Insurance$757,039
IX-24 Other expenses (24a–d)$260,317
IX-24e All other expenses$127,742
IX-25 Total functional expenses$5,997,793
Part X · Balance sheet $32,200,009 assets, 30 lines filed
X-1 Cash, non-interest-bearingStart of year $126,167$475,785
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $2,296,497$572,440
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-7 Notes and loans receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $279,953$367,206
X-10c Land, buildings and equipment, netStart of year $1,194,765$1,055,650
X-11 Publicly traded securitiesStart of year $27,333,477$29,728,928
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $31,230,859$32,200,009
X-17 Accounts payable and accrued expensesStart of year $1,635,535$1,063,496
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$500
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-21 Escrow or custodial accountsStart of year $0$0
X-22 Loans from officers and insidersStart of year $0$0
X-23 Secured mortgages and notes payableStart of year $0$3,000,000
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $1,514,053$1,511,486
X-26 Total liabilitiesStart of year $3,149,588$5,575,482
X-27 Net assets without donor restrictionsStart of year $28,081,271$26,624,527
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $28,081,271$26,624,527
X-33 Total liabilities and net assetsStart of year $31,230,859$32,200,009
Part XI · Reconciliation of net assets $26,624,527 net assets at year end
XI-1 Total revenue$2,980,206
XI-2 Total expenses$5,997,793
XI-3 Revenue less expenses−$3,017,587
XI-4 Net assets at start of year$28,081,271
XI-5 Net unrealized gains (losses) on investments$1,756,077
XI-8 Prior period adjustments−$195,234
XI-10 Net assets at end of year$26,624,527

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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