Virginia Spirits Association is located in Moseley, VA. The organization was established in 2013. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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 Spirits Association 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 12/2021, Virginia Spirits Association generated $68.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $52.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SPONSORED QUARTERLY MEETINGS FOR MEMBERS TO DISCUSS ISSUES THAT IMPACT THE SPIRITS INDUSTRY IN VIRGINIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bob Kovalcheck President | 1 | $0 | |
Reed Davis Treasurer | 1 | $0 | |
Don Tierney Executive Director | 1 | $0 | |
Roy Stisher Director | 1 | $0 | |
Shawn Golden Director | 1 | $0 | |
David Spisak Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $68,000 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $68,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $24,000 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $28,604 |
Total expenses | $52,604 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $159,631 |
Other assets | $0 |
Total assets | $159,631 |
Total liabilities | $0 |
Net assets or fund balances | $159,631 |
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