Virginia Loggers Association Inc
- Assets
- $219.6k
- Revenue
- $333.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Goochland, VA
- Founding
- 02/2008
- Data as of
- 12/2022
- EIN
- 20-1495134
Organization Overview
Virginia Loggers Association Inc is located in Goochland, VA. The organization was established in 2008. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Loggers Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Virginia Loggers Association Inc generated $333.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $312.5k during the year ending 12/2022. While expenses have increased by 14.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE VIRGINIA LOGGERS ASSOCIATION (VLA) IS A 501 C 6 TRADE ASSOCIATION DEDICATED TO ADVOCACY, EDUCATION, AND PROMOTION OF PROFESSIONAL VLA AND NON-VLA MEMBERS ENGAGED IN THE FOREST HARVESTING AND FOREST PRODUCTS INDUSTRY. VLA PROMOTES THE PROFESSIONAL IMAGE AND FACTUAL UNDERSTANDING OF THE FOREST PRODUCTS INDUSTRY TO LOCAL GOVERNMENT, COMMONWEALTH OF VIRGINIA POLICY MAKERS, AND CONGRESSIONAL LEADERS. VLA LOBBIES AT ALL LEVELS OF GOVERNMENT AND SEEKS TO CREATE LEGISLATIVE AWARENESS AND REPRESENTATION FOR SMALL AND FAMILY-OWNED BUSINESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VLA PROMOTES SHARING OF INFORMATION BY FACILITATING NETWORKING EVENTS AND PROVIDING EDUCATIONAL OPPORTUNITIES AMONG MEMBERS AND THE PUBLIC CONCERNING FOREST HARVESTING, PRODUCTS, PRODUCTION, REFORESTATION, AND SAFETY. VLA EDUCATES POLICY MAKERS AT THE LOCAL, STATE, AND FEDERAL GOVERNMENT REGARDING ISSUES FACED BY MEMBERS IN THE FOREST PRODUCTS INDUSTRY. VLA ENGAGES WITH STATE POLICY MAKERS DURING EACH GENERAL ASSEMBLY SESSION TO ENSURE MEMBERS' BUSINESS INTERESTS ARE REPRESENTED. VLA DISTRIBUTES FIVE MAGAZINES ANNUALLY AND MAINTAINS THE VLA WEBSITE AND FACEBOOK FOR MEMBERS AND THE PUBLIC. VLA HOLDS ONE ANNUAL CONFERENCE, LEGAL TRAININGS, AND SAFETY SEMINARS TO CREATE A PROFESSIONAL, AND WELL - INFORMED INDUSTRY WORKFORCE. VLA SPONSORS LOG A LOAD FOR KIDS IN VIRGINIA FOR THE CHILDREN'S MIRACLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Jenkins Executive Di | Officer | 40 | $107,000 |
Frank Myers President | OfficerTrustee | 1 | $0 |
Chad Shelton Vice Preside | OfficerTrustee | 0.5 | $0 |
Jeff Britt Director | Trustee | 0.5 | $0 |
Palmer Dugger Director | Trustee | 0.5 | $0 |
Thomas Evelyn Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $170,399 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $170,399 |
| Total Program Service Revenue | $162,299 |
| Investment income | $463 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $333,161 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $107,000 |
| Compensation of current officers, directors, key employees. | $10,700 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,719 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,792 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,916 |
| Office expenses | $9,380 |
| Information technology | $1,937 |
| Royalties | $0 |
| Occupancy | $14,655 |
| Travel | $10,643 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $122,595 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $610 |
| Insurance | $580 |
| All other expenses | $81 |
| Total functional expenses | $312,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,956 |
| Savings and temporary cash investments | $200,628 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $219,584 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $351 |
| Total liabilities | $351 |
| Net assets without donor restrictions | $219,233 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $219,584 |
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