West Richmond Business Mens Association
- Assets
- $16.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mechanicsville, VA
- Founding
- 06/1983
- Data as of
- 06/2022
- EIN
- 52-1270411
Organization Overview
West Richmond Business Mens Association is located in Mechanicsville, VA. The organization was established in 1983. 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. West Richmond Business Mens Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, West Richmond Business Mens Association generated $48.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $61.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Metzger 1st Vice Pre | 1 | $0 | |
Aubrey Brown 2nd Vice Pre | 1 | $0 | |
Trey Hayden Director | 1 | $0 | |
Brian Workman Director | 1 | $0 | |
Walter Cornett Director | 1 | $0 | |
Suter Easley Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $8,226 |
| Membership dues | $40,312 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $30 |
| Total Revenue | $48,570 |
| 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 | $8,333 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $132 |
| Other expenses | $53,107 |
| Total expenses | $61,572 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,496 |
| Other assets | $0 |
| Total assets | $16,600 |
| Total liabilities | $14,349 |
| Net assets or fund balances | $2,251 |
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