Virginia Bus Association Inc
- Assets
- $118.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Staunton, VA
- Founding
- 03/1993
- Data as of
- 09/2023
- EIN
- 54-1147461
Organization Overview
Virginia Bus Association Inc is located in Staunton, VA. The organization was established in 1993. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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 Bus Association Inc 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 09/2023, Virginia Bus Association Inc generated $93.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $118.2k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTE MOTORCOACH ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andre Ferreira Director | 0 | $0 | |
Marvin Spriggs Director | 0 | $0 | |
Henry Palmer Director | 0 | $0 | |
Fred Abott Director | 0 | $0 | |
Wayne Grice Director | 0 | $0 | |
Blake Hackett Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $62,452 |
| Membership dues | $39,150 |
| Investment income | $1,469 |
| Gain or Loss | -$9,145 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,926 |
| 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 | $1,380 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $15 |
| Other expenses | $116,760 |
| Total expenses | $118,155 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,864 |
| Other assets | $0 |
| Total assets | $118,305 |
| Total liabilities | $35,582 |
| Net assets or fund balances | $82,723 |