Nonprofits›Sova Innovation Hub Corporation
Community Improvement & Capacity Building
Sova Innovation Hub Corporation
SOUTH BOSTON, VA
Total revenue
$502K
Total expenses
$511K
Net assets
$1.1M
Grants received
$2.6M
9 grants
EIN
842208618
Tax year
2023
Mission
To promote economic development and encourage innovation for the benefit of the communities and citizens of southern virginia by offering impactful programming for digital skills education and workforce training.
Financials
FY 2023
Revenue
Contributions & grants$429K
Program service revenue$73K
Investment income—
Other revenue—
Total revenue$502K
Expenses
Grants paid$12K
Salaries & benefits—
Fundraising—
Other expenses$499K
Total expenses$511K
Total assets$1.4M
Net assets$1.1M
People
3 listed
NameRoleCompensation
THOMAS DERISO
CHAIRMAN
Board
—
1 hrs/wk
JEREMY SATTERFIELD
VICE CHAIR
Board
—
1 hrs/wk
PHILLIP LLOYD
TREASURER
Board
—
1 hrs/wk
Grants received
Showing 9 of 9
FromAmountPurposeYear
Funded by
$2.6M from 2 funders · 9 grants · 2020–2024
Mid-Atlantic Broadband Communities
$1.5M · 4 grants · 2020–2023
American Online Giving Foundation Inc
$1.1M · 5 grants · 2020–2024
Details
EIN842208618
NTEE codeS30
Subsection03
Ruling date2019-12
Formed2019
Employees0