Virginia Nursery & Landscape Assoc
- Assets
- $873.7k
- Revenue
- $334.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Henrico, VA
- Founding
- 08/1972
- Data as of
- 12/2022
- EIN
- 54-0891591
Organization Overview
Virginia Nursery & Landscape Assoc is located in Henrico, VA. The organization was established in 1972. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, 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 Nursery & Landscape Assoc 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 Nursery & Landscape Assoc generated $334.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $220.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 6 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE AND PROMOTE VIRGINIA'S NURSERY AND LANDSCAPE INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERMANENT RESEARCH TRUST FUND, HORTICULTURE RESEARCH INSTITUTE, CURRENT RESEARCH AT VA TECH AND HAMPTON ROADS, STATE FAIR EXHIBITS, CERTIFICATION PROGRAM MANUALS, NEWSLETTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shellie Archer Executive Di | Officer | 40 | $88,250 |
Seana Ankers Past Preside | OfficerTrustee | 3 | $0 |
Jeff Howe President | OfficerTrustee | 3 | $0 |
Chris Dowdy Vice Preside | OfficerTrustee | 3 | $0 |
Jason Stern Secretary | OfficerTrustee | 1 | $0 |
Laurie Fox Ph D Ex-Officio | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $32,175 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,175 |
| Total Program Service Revenue | $295,390 |
| Investment income | $15,770 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$8,410 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $334,925 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,250 |
| 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 | $7,451 |
| Payroll taxes | $6,551 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,122 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,525 |
| Fees for services: Other | $3,660 |
| Advertising and promotion | $4,467 |
| Office expenses | $3,512 |
| Information technology | $20,152 |
| Royalties | $0 |
| Occupancy | $10,190 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,559 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,880 |
| All other expenses | $1,241 |
| Total functional expenses | $220,685 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356,508 |
| Savings and temporary cash investments | $93,493 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $976 |
| 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 | $7,262 |
| Net Land, buildings, and equipment | $1,483 |
| Investments—publicly traded securities | $413,344 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $663 |
| Total assets | $873,729 |
| Accounts payable and accrued expenses | $7,374 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $780 |
| Total liabilities | $8,154 |
| Net assets without donor restrictions | $865,575 |
| 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 | $873,729 |