Virginia Bus Association Inc
- Assets
- $100.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brookneal, VA
- Founding
- 03/1993
- Data as of
- 09/2022
- EIN
- 54-1147461
Organization Overview
Virginia Bus Association Inc is located in Brookneal, 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 09/2022, Virginia Bus Association Inc generated $82.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $104.9k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
PROMOTE MOTORCOACH ACTIVITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Grice Director | 0 | $0 | |
Roddy Mitchell President | 5 | $0 | |
Andre Ferriera Director | 0 | $0 | |
Blake Hackett Director | 0 | $0 | |
Jimmy Hall Director | 0 | $0 | |
Casey Newton Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $40,174 |
| Membership dues | $35,700 |
| Investment income | $5,354 |
| Gain or Loss | $880 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,108 |
| 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 | $1,280 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $344 |
| Other expenses | $103,229 |
| Total expenses | $104,853 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $81,431 |
| Other assets | $0 |
| Total assets | $100,282 |
| Total liabilities | $6,299 |
| Net assets or fund balances | $93,983 |
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