RAPPAHANNOCK ECONOMIC DEVELOPMENT CORPORATION
1125 JEFFERSON DAVIS HIGHWAY 420, FREDERICKSBURG, VA 22401 www.redco504.org

Total Revenue
$375,293
Total Expenses
$377,648
Net Assets
$338,046

Organizations Filed Purposes: TO PROMOTE ECONOMIC DEVELOPMENT AND GROWTH OF THE SMALL BUSINESS COMMUNITY WITHIN THE COMMONWEALTH OF VIRGINIA. TO PROMOTE AND INCREASE PRIVATE SECTOR INVESTMENT IN LONG-TERM FIXED ASSETS, WHICH WILL INCREASE PRODUCTIVITY, CREATE OR RETAIN EMPLOYMENT OPPORTUNITIES AND INCREASE THE LOCAL TAX BASE IN THE AREA OF OPERATIONS. IN SUMMARY, IT IS THE INTENT OF THE RAPPAHANNOCK ECONOMIC DEVELOPMENT CORPORATION TO PROVIDE A POSITIVE ECONOMIC IMPACT WITHIN ITS COMMUNITY, OR MEET A PUBLIC POLICY GOAL OF THE SMALL BUSINESS ADMINISTRATION (SBA).

ENABLING PARTICIPATION IN SBA LOAN PROGRAMS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Joe DistefanoPRESIDENT40$149,704
Curry RobertsDIRECTOR1$0
Don NewlinDIRECTOR1$0
Blanton Massey JdDIRECTOR1$0
Matt KellyDIRECTOR1$0
Ben KeddieDIRECTOR1$0
Jim HowardDIRECTOR1$0
Steven ApicellaDIRECTOR1$0
Mike KennisonPAST CHAIR1$0
Bill OetersASSISTANT SE1$0
Brian BakerSECRETARY1$0
Ralph SuttonTREASURER1$0
Brenda HisghmanVICE CHAIR1$0
Jeff RouseCHAIR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202030629349300413_public.xml