Virginia Sheriffs Institute Inc
- Assets
- $2.7m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 11/1977
- Data as of
- 06/2024
- EIN
- 54-1063932
Organization Overview
Virginia Sheriffs Institute Inc is located in Richmond, VA. The organization was established in 1977. According to its NTEE Classification (I60) the organization is classified as: Law Enforcement, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Sheriffs Institute 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 06/2024, Virginia Sheriffs Institute Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.3m during the year ending 06/2024. While expenses have increased by 3.2% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
VSI PROVIDES TRAINING AND EDUCATION TO VIRGINIA SHERIFFS AND THEIR STAFF AND TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VSI PROVIDED INFORMATIONAL BULLETINS, EMAILS AND EDUCATIONAL NOTICES TO SHERIFFS AND THEIR STAFF. VSI PROVIDED A LAWFUL EMPLOYMENT PRACTICES FOR LAW ENFORCEMENT PERSONNEL PROGRAM AND AN EXECUTIVE MANAGEMENT TRAINING PROGRAM. VSI SPONSORED MANY LAW ENFORCEMENT RELATED NON-PROFITS. VSI PROVIDED REPORTS AND STATISTICS TO SUPPORTERS REGARDING CRIME AND CRIMINAL JUSTICE IN VIRGINIA THROUGH DIRECT MAIL, EMAIL AND ON VSI'S WEBSITE.
THE VIRGINIA SHERIFFS' INSTITUTE (VSI), IN COOPERATION WITH THE VIRGINIA SHERIFFS' ASSOCIATION (VSA), THE PERFORMANCE MANAGEMENT GROUP AT THE L. DOUGLAS WILDER SCHOOL OF GOVERNMENT AND PUBLIC AFFAIRS AT VIRGINIA COMMONWEALTH UNIVERSITY (VCU) AND THE VIRGINIA CENTER FOR POLICING INNOVATION (VCPI), HAS DEVELOPED THE VSI CERTIFICATION PROGRAM TO PROMOTE, RECOGNIZE AND ELEVATE THE CONTINUED INDIVIDUAL PROFESSIONAL DEVELOPMENT FOR VIRGINIA'S SHERIFFS AND DEPUTIES.
THE INSTITUTE PROVIDES A QUARTERLY NEWSLETTER THAT GOES TO ITS MEMBERS FROM THE SHERIFFS THAT CONTAINS INFORMATION ON NEW VIRGINIA LAWS, CRIME PREVENTION TOPICS, AND TRAINING AND EDUCATION UPDATES.
THE VIRGINIA SHERIFFS' SCHOLARSHIP PROGRAM WAS ESTABLISHED IN 1981 TO PROVIDE AN OPPORTUNITY FOR YOUNG PEOPLE ACROSS VIRGINIA TO PURSUE AN EDUCATIONAL CURRICULUM IN CRIMINAL JUSTICE. SCHOLARSHIPS ARE PROVIDED TO STUDENTS THROUGHOUT VIRGINIA WHO MAJOR IN CRIMINAL JUSTICE AT A VIRGINIA COLLEGE OR UNIVERSITY. VSI PAID FOR 50 SCHOLARSHIPS FOR 2023-24 TO VIRGINIA'S YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Fleming Board Member | Trustee | 1 | $0 |
Alisa Gregory Board Member | Trustee | 1 | $0 |
Eric B Hess Board Member | Trustee | 1 | $0 |
Darrell Hodges Board Member | Trustee | 1 | $0 |
Jj Mclaughlin Jr Vice Preside | OfficerTrustee | 1 | $0 |
Karl S Leonard Past Preside | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $233,473 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $745,940 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $979,413 |
| Total Program Service Revenue | $197,009 |
| Investment income | $54,710 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $185,930 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,417,062 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $109,000 |
| Grants and other assistance to domestic individuals. | $47,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $275,201 |
| Fees for services: Legal | $8,265 |
| Fees for services: Accounting | $25,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $103,939 |
| Fees for services: Investment Management | $19,670 |
| Fees for services: Other | $106,954 |
| Advertising and promotion | $7,500 |
| Office expenses | $94,098 |
| Information technology | $22,435 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,230 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $134,260 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,703 |
| All other expenses | $35,369 |
| Total functional expenses | $1,290,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,070 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,528,866 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,670,936 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $2,385,636 |
| Net assets with donor restrictions | $285,300 |
| 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 | $2,670,936 |
Grants Awarded
Over the last fiscal year, Virginia Sheriffs Institute Inc has awarded $109,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL LAW ENFORCEMENT OFFICERS M PURPOSE: PROVIDE SUPPORT | $75,000 |
ROANOKE CITY SHERIFFS OFFICE PURPOSE: PROVIDE SUPPORT | $20,000 |
VIRGINIA PUBLIC SAFETY FOUNDATION PURPOSE: PROVIDE SUPPORT | $14,000 |