Virginia Association Of Governmental Purchasing
- Assets
- $146.7k
- Revenue
- $289.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 10/1985
- Data as of
- 12/2023
- EIN
- 52-1408988
Organization Overview
Virginia Association Of Governmental Purchasing is located in Milwaukee, WI. The organization was established in 1985. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Association Of Governmental Purchasing 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 12/2023, Virginia Association Of Governmental Purchasing generated $289.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $316.5k during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
VAGP IS STEADFASTLY DEDICATED TO ADVANCING THE FIELD OF PUBLIC PURCHASING, AND IS COMMITTED TO: PROMOTING PROFESSIONALISM IN PUBLIC PURCHASING THROUGH CONTINUED EDUCATION AND NETWORKING. STUDYING, DISCUSSING, AND RECOMMENDING LEGISLATIVE IMPROVEMENTS IN GOVERNMENTAL PURCHASING. EXCHANGING IDEAS, EXPERIENCES, AND SHARING EXPERT ADVICE ON PURCHASING PROBLEMS AND PROCEDURES. THE PROMOTION OF UNIFORM PURCHASING LAWS. DEVELOPING AND PROMOTING SIMPLIFIED STANDARDS AND SPECIFICATIONS FOR GOVERNMENTAL BUYING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FURTHER ADVANCE ITS MISSION, THE ORGANIZATION HOLDS A MULTITUDE OF PROGRAMS THROUGHOUT THE YEAR. THIS INCLUDES THE SPRING & FALL CONFERENCES, AS WELL AS SMALLER SEMINARS/WEBINARS/EVENTS THAT ARE HELD THROUGHOUT THE STATE OF VIRGINIA DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Brown President | OfficerTrustee | 5 | $0 |
Lisa Russell President-Elect | OfficerTrustee | 2 | $0 |
Andrea Philyaw Treasurer | OfficerTrustee | 2 | $0 |
Melissa Tillman Secretary | OfficerTrustee | 2 | $0 |
Elizabeth Dooley First Past President | Trustee | 1 | $0 |
Alicia Smith Director | Trustee | 1 | $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 | $123,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,000 |
| Total Program Service Revenue | $150,910 |
| Investment income | $15,861 |
| 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 | $289,771 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,700 |
| Grants and other assistance to domestic individuals. | $5,100 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $45,900 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $33,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,394 |
| Office expenses | $9,549 |
| Information technology | $4,049 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,689 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $168,715 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $794 |
| Total functional expenses | $316,491 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,563 |
| Savings and temporary cash investments | $5,403 |
| 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 | $24,266 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $78,459 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $146,691 |
| Accounts payable and accrued expenses | $2,973 |
| Grants payable | $0 |
| Deferred revenue | $39,870 |
| 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 | $0 |
| Total liabilities | $42,843 |
| Net assets without donor restrictions | $103,848 |
| 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 | $146,691 |
Grants Awarded
Over the last fiscal year, Virginia Association Of Governmental Purchasing has awarded $17,700 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BORE NO MORE LLC PURPOSE: Speaker Honoraria | $11,500 |
HEFTY WILEY & GORE PURPOSE: Speaker Honoraria | $6,200 |