Lynchburg Regional Shrm Inc
- Assets
- $26.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lynchburg, VA
- Founding
- 03/2015
- Data as of
- 12/2020
- EIN
- 47-2016409
Organization Overview
Lynchburg Regional Shrm Inc is located in Lynchburg, VA. The organization was established in 2015. 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. Lynchburg Regional Shrm 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 12/2020, Lynchburg Regional Shrm Inc generated $14.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (13.5%) each year. All expenses for the organization totaled $10.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (24.0%) per year over the past 2 years. 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
2020
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A FORUM FOR THE PERSONAL AND PROFESSIONAL DEVELOPMENT OF MEMBERS, AN OPPORTUNITY TO FOCUS ON CURRENT LEGISLATIVE AND CRITICAL HUMAN RESOURCE MANAGEMENT ISSUES AND TO SERVE AS A RESOURCE AND FACILITATOR FOR NATIONAL SHRM.
TO PROVIDE A FORUM FOR THE PERSONAL AND PROFESSIONAL DEVELOPMENT OF MEMBERS, AN OPPORTUNITY TO FOCUS ON CURRENT LEGISLATIVE AND CRITICAL HUMAN RESOURCE MANAGEMENT ISSUES AND TO SERVE AS A RESOURCE AND FACILITATOR FOR NATIONAL SHRM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Burns Past President | 2 | $0 | |
Paul Kopack President | 5 | $0 | |
David Brandt Director Of Finance | 2 | $0 | |
Caitlin King President-Elect | 2 | $0 | |
Lauren Anderson Chapter Secretary | 2 | $0 | |
Nate Mahanes Director Of Membership/public Relat | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,454 |
| Total Program Service Revenue | $2,640 |
| Membership dues | $2,390 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,484 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,293 |
| Total expenses | $10,143 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,701 |
| Other assets | $0 |
| Total assets | $26,701 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,701 |
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