Central Business District Association

Fiscal year ending 2024. Filed on November 5, 2025.

1 Columbus Center Suite 611
Suite 611
Virginia Beach, Virginia 23462

Central Business District Association (EIN: 54-1384692) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Central Business District Association, a 501(c)(6) business league, reported compensation for 20 employees. Among the employees shown here, the average compensation is $121,276. The highest compensated employee at Central Business District Association is Jeanne Evans Cox with fiscal year 2024 compensation of $121,276.

Revenue, expenses, and employee compensation

Revenue

$644,482

Expenses

$624,108

Employee compensation

$130,697

Reported Compensated Employees

$121,276 from orgNo related compNo other comp

Frederick J Napolitano Sr

Non-Employee Board Members

Mission Statement

THE CENTRAL BUSINESS DISTRICT ASSOCIATION OF VIRGINIA BEACH IS COMMITTED TO THE PURSUIT OF THE DEVELOPMENT AND IMPLEMENTATION OF A HIGH QUALITY MIXED-USE URBAN ENVIRONMENT FOR THE CENTRAL BUSINESS DISTRICT IN THE CITY OF VIRGINIA BEACH. THE MISSION OF THE ORGANIZATION WILL BE TO: 1) BUILD PUBLIC AWARENESS OF THE BENEFITS RESULTING FROM DEVELOPMENT OF THE CENTRAL BUSINESS DISTRICT AS THE CENTER FOR FINANCIAL, COMMERCIAL, PROFESSIONAL AND CULTURAL ACTIVITIES IN VIRGINIA BEACH. 2) STRENGTHEN THE VIRGINIA BEACH ECONOMIC BASE THROUGH THE EXPANSION OF EXISTING BUSINESSES IN AND THE ATTRACTION OF NEW BUSINESSES TO THE CENTRAL BUSINESS DISTRICT. 3 CREATE PUBLIC SPACES SUCH AS PARK AREAS WITHIN THE CENTRAL BUSINESS DISTRICT FOR COMMUNITY USE AND ENJOYMENT IN A SAFE AND CLEAN ENVIRONMENT. 4) CREATE NETWORKING OPPORTUNITIES FOR ITS MEMBERS TO ENHANCE THE ECONOMIC VITALITY OF ITS CONSTITUENCY 5) WORK WITH THE CITY TO SAFELY INTEGRATE ALL THE COMPONENT AREAS OF THE CENTRAL BUSINESS DISTRICT WITH EA