Vector Industries Inc

Organization Overview

Vector Industries Inc is located in Waynesboro, VA. The organization was established in 1970. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 12/2022, Vector Industries Inc employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vector Industries Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Vector Industries Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. While expenses have increased by 3.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO EMPLOY AND TRAIN PERSONS WITH DIVERSE DISABILITIES TO ENABLE THEM TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE COMMUNITY MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EMPLOY AND TRAIN INDIVIDUALS WITH DIVERSE DISABILITIES TO ENABLE THEM TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE COMMUNITY MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Christine Johnston
CEO
$113,774
Wendell Coleman
Director
$0
Richard Baldwin
Vice Chair
$0
Kodi Frye
Director
$0
Rob Wade
Chair
$0
Tyler Hoffman
Director
$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$12,752
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$12,752
Total Program Service Revenue$2,247,069
Investment income $284
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $50,447
Net Gain/Loss on Asset Sales $51,077
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,362,898

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Hancock County Sheltered Workshop Inc
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Foothills Industries Of Mcdowell County Inc
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Vocational Solutions Of Henderson County Inc
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Muhlenberg County Opportunity Center Inc
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Preston County Workshop Inc
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Tamarlane Industries
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Workable Industries Inc
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