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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Norfolk State University Research and Innovation Foundation

Norfolk State University Research and Innovation Foundation

Fiscal year ending 2024. Filed on May 15, 2025.

700 Park Avenue Bmh A-105 410
Norfolk, Virginia 23504

Norfolk State University Research and Innovation Foundation (EIN: 38-3649338) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Norfolk State University Research and Innovation Foundation, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $105,684. The highest compensated employee at Norfolk State University Research and Innovation Foundation is Hudnall R Croasdale with fiscal year 2024 compensation of $163,155.

Revenue, expenses, and employee compensation

Revenue

$6,228,181

Expenses

$5,697,619

Employee compensation

$545,311
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Hudnall R Croasdale
Board Member
$163,155
$163,155 No related compNo other comp
Cornelius Graves, Esq
EXEC Director and CEO AS of 10/1/23
$48,212
$48,212 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Bk Fulton
Board Member
Dr Doyle A Temple
Treasurer
Dr Harold Watkins
Board Member
Dr Juavaune Adams-Gaston
Board Member
Keith Basil
Secretary
Rodney Jordan
Board Member
Wayne Jones
Chair

Contractors

Brailsford & Dunlavey
Consulting
$228,866
Hudnall Croasdale
Consulting
$163,155
Green Hampton & Kelly Pllc
Legal
$139,136

Mission Statement

THE MISSION OF THE FOUNDATION IS TO PROVIDE BRANDS AND SERVICES THAT PROMOTE APPLIED RESEARCH AND TECHNOLOGICAL INNOVATIONS THAT, IN TURN, CONTRIBUTE POSITIVELY TO THE ECONOMIC STRENGTH OF THE HAMPTON ROADS REGION AND THE COMMONWEALTH OF VIRGINIA.

Revisions to this organization profile

May 15, 2025:
2024 Norfolk State University Research and Innovation Foundation 990 filed
November 13, 2023:
2023 Norfolk State University Research and Innovation Foundation 990 filed
November 9, 2022:
2022 Norfolk State University Research and Innovation Foundation 990 filed

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