Virginia Retired Teachers Association
- Assets
- $146.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fincastle, VA
- Founding
- 03/2010
- Data as of
- 06/2022
- EIN
- 54-1005876
Organization Overview
Virginia Retired Teachers Association is located in Fincastle, VA. The organization was established in 2010. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Virginia Retired Teachers Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Virginia Retired Teachers Association generated $37.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $43.8k during the year ending 06/2022. While expenses have increased by 3.5% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PULICATION OF NEWSLETTER TO INFORM MEMBERS OF STATE NEWS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Marrow President | 1 | $0 | |
Karen Whetzel President-Elect | 1 | $0 | |
Glenn C Pair Sr Immediate Past President | 1 | $0 | |
Mabel Scott Vice President | 1 | $0 | |
Reba Evans Secretary | 1 | $0 | |
Weldon Martin Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $32,580 |
| Investment income | $198 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $161 |
| Other Revenue | $0 |
| Total Revenue | $37,939 |
| 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 | $630 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $12,393 |
| Other expenses | $26,540 |
| Total expenses | $43,813 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $146,775 |
| Other assets | $0 |
| Total assets | $146,775 |
| Total liabilities | $0 |
| Net assets or fund balances | $146,775 |