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contents Vol. 31


VirginiaBusiness.com AUGUST 2016


No. 8 VIRGINIA BUSINESS PUBLICATIONS LLC


President & Publisher Bernard A. Niemeier Editor Robert C. Powell III


Managing Editor Paula C. Squires Senior Editor Jessica Sabbath


Special Projects Editor Veronica Garabelli


Contributing Writers Mason Adams Robert Burke Elizabeth Cooper Richard Foster Garry Kranz M.J. McAteer Gary Robertson Joan Tupponce


Art Director Adrienne R. Watson Contributing Illustrator Matt Brown


Contributing Photographers Rick DeBerry Steven Mantilla Jay Paul Don Petersen Mark Rhodes


Production Manager Kevin L. Dick Circulation Manager Karen Chenault Accounting Manager Ashley Henry


ADVERTISING CENTRAL VIRGINIA


1207 East Main Street, Suite 100, Richmond, VA 23219 (804) 225-9262 Fax: (804) 225-0028


Vice President of Advertising Hunter Bendall Account Manager Courtney Johnson


HAMPTON ROADS


4211 Monarch Way, Suite 104, Norfolk, VA 23508 (757) 625-4233 Fax: (757) 627-1709 Sales Manager Susan Horton


ROANOKE


210 S. Jefferson St., Roanoke, VA 24011-1702 (540) 597-2499


Sales Manager Lynn Williams


VIRGINIA BUSINESS PUBLICATIONS LLC A portfolio company of Virginia Capital Partners LLC Frederick L. Russell Jr., chairman


Virginia Business (USPS 001-387, ISSN 0888-1340) is published monthly by Virginia Business Publications, LLC, 1207 E. Main Street, Suite 100, Richmond, VA 23219. Subscriptions: U.S. and possessions: $48. Periodicals postage paid at Richmond, Va. Postmaster: Send address changes to Virginia Business, 1207 East Main Street, Suite 100, Richmond, VA 23219. Copyright 2016 Virginia Business Publications, LLC. All editorial material is fully protected and may not be reproduced in any manner without prior permission. For additional reference: SRDS #20A – Business-Metro, State and Regional


SPECIAL REPORT: Virginia CFO Awards


69 Help wanted CFOs struggle to find qualified applicants for job openings.


by Gary Robertson with profile stories by Joan Tupponce


LARGE NONPROFIT ORGANIZATIONS:


JEFFREY K. REED Community Housing Partners


77 Nonprofit’s assets, revenue soared under his leadership


SMALL NONPROFIT ORGANIZATIONS:


JULIE HOVERMALE, CPA Better Housing Coalition


79 Tough calls helped nonprofit to recover from the recession


LARGE PRIVATE COMPANIES:


RENÉ CHAZE, CPA Edelman Financial Services


81 CFO has been a leader in many key transactions


SMALL PRIVATE COMPANIES:


MIKE D. GRIFFIN Tucker Griffin Barnes PC


83 ‘Finance guy’ helps lawyers understand the bottom line


PUBLICLY-TRADED COMPANIES:


DAVE KELTNER Ferguson Enterprises Inc.


85 CFO’s strategic vision guided company growth


like us on www.facebook.com/VirginiaBiz


4 AUGUST 2016 REAL ESTATE 88 Millennials and by Richard Foster


91 Multifamily leader ‘Making a difference in


someone’s life’ by providing them with a home. by Elizabeth Cooper


92 Auction bidders bring the bacon


Historic Gwaltney home in Smithfield sells for $478,500.


by Paula C. Squires


homeownership Is the dream dead or just deferred?


COLLEGE PROFILE: NORTHERN VIRGINIA COMMUNITY COLLEGE


96 Aiming high NVCC intends to be the go-to workforce supplier for the region. by M.J. McAteer


departments


6 Letters to the Editor 7 Events calendar 9 Our View


10 Regional Views 99 Inside View 100 Index 101 Preview


@VirginiaBiz


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