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 12/2023, Virginia Automatic Merchandising Association In generated $86.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $47.0k during the year ending 12/2023. While expenses have increased by 3.3% 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.
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 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $60,231 |
Membership dues | $21,100 |
Investment income | $7,668 |
Gain or Loss | -$2,172 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $86,827 |
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 | $37,358 |
Occupancy, rent, utilities, and maintenance | $250 |
Printing, publications, postage, and shipping | $32 |
Other expenses | $6,391 |
Total expenses | $47,031 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $439,745 |
Other assets | $0 |
Total assets | $439,745 |
Total liabilities | $0 |
Net assets or fund balances | $439,745 |