Virginia Auctioneer Association Inc is located in Greenwood, IN. 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. Virginia Auctioneer 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 12/2021, Virginia Auctioneer Association Inc generated $57.4k 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 (4.3%) each year. All expenses for the organization totaled $36.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
RAISED FUNDS TO PROVIDE EDUCATIONAL SEMINARS ANDMATERIALS TO AUCTIONEERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Josh Puffenbarger President | 5 | $0 | |
Clyde Wilson Chairman | 5 | $0 | |
Kathy Baber Executive Director | 20 | $0 | |
Kathy Woodcock Treasurer | 5 | $0 | |
Wendy Grimm Director | 5 | $0 | |
Linford Berry Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $29,250 |
Membership dues | $27,418 |
Investment income | $724 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $57,392 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $6,483 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $26,683 |
Occupancy, rent, utilities, and maintenance | $716 |
Printing, publications, postage, and shipping | $344 |
Other expenses | $2,449 |
Total expenses | $36,675 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $167,225 |
Other assets | $0 |
Total assets | $167,225 |
Total liabilities | $24,289 |
Net assets or fund balances | $142,936 |
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