Virginia Automatic Merchandising Association In
- Assets
- $393.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cary, NC
- Founding
- 10/1970
- Data as of
- 12/2022
- EIN
- 54-0803620
Organization Overview
Virginia Automatic Merchandising Association In is located in Cary, NC. The organization was established in 1970. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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 Automatic Merchandising Association In 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 12/2022, Virginia Automatic Merchandising Association In generated $60.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $39.2k during the year ending 12/2022. While expenses have increased by 3.4% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Kiser Director | 0 | $0 | |
Scott Halloran Director | 0 | $0 | |
Karen Harlow Past Preside | 0 | $0 | |
Shane Spikes Director | 0 | $0 | |
Mike Frye Director | 0 | $0 | |
Mark Matthews Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $35,912 |
| Membership dues | $20,500 |
| Investment income | $3,697 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,109 |
| 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 | $37,672 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,546 |
| Total expenses | $39,218 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $393,275 |
| Other assets | $0 |
| Total assets | $393,275 |
| Total liabilities | $0 |
| Net assets or fund balances | $393,275 |
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|---|---|---|
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