Virginia Cooperative Council Inc
- Assets
- $259.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 12/1963
- Data as of
- 12/2022
- EIN
- 54-0733714
Organization Overview
Virginia Cooperative Council Inc is located in Richmond, VA. The organization was established in 1963. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Cooperative Council Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Virginia Cooperative Council Inc generated $55.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $51.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 4 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 |
|---|---|---|---|
Brad Brown President | 1 | $0 | |
Adam Shiflett Vice-President | 1 | $0 | |
Jessica Harris Recording Secretary | 1 | $0 | |
Mary Howell Executive Secretary | 15 | $24,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $44,120 |
| Investment income | $5,069 |
| Gain or Loss | $680 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,000 |
| Total Revenue | $55,869 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $13,672 |
| Salaries, other compensation, and employee benefits | $24,000 |
| Professional fees and other payments to independent contractors | $200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $309 |
| Other expenses | $13,607 |
| Total expenses | $51,788 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $259,548 |
| Other assets | $0 |
| Total assets | $259,548 |
| Total liabilities | $0 |
| Net assets or fund balances | $259,548 |