Treasurers Association Of Virginia
- Assets
- $706.2k
- Revenue
- $569.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Wise, VA
- Founding
- 09/1984
- Data as of
- 06/2023
- EIN
- 54-1253079
Organization Overview
Treasurers Association Of Virginia is located in Wise, VA. The organization was established in 1984. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Treasurers Association Of Virginia 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 06/2023, Treasurers Association Of Virginia generated $569.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $605.5k during the year ending 06/2023. While expenses have increased by 18.3% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A MEANS TO UNITE THE TREASURERS OF VIRGINIA AND PROMOTE GREATER COOPERATION AND THE STANDARDIZATION OF PROFESSIONAL PRACTICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTED EDUCATION SEMINARS, CLASSES AND MEETINGS. STRIVE TO PROVIDE THE BEST POSSIBLE SERVICE THROUGH TECHNOLOGY AND CONTINUED EDUCATION AND BY PROVIDING COMPETENCY AND PROFESSIONALISM. INCLUDED (6) TWO DAY CLASSES, (4) ONLINE CLASSES, (4) DISTRICT MEETINGS ACROSS THE STATE, (2) ONE DAY CONFERENCE MEETINGS AND (1) THREE DAY CONFERENCE EDUCATION PRESENTATIONS.
MISCELLANEOUS ACTIVITIES SUPPORTING OUR PURPOSE TO MAINTAIN COMPETENCY AND PROFESSIONALISM THROUGH EFFECTIVE COMMUNICATION THROUGHOUT THE STATE PF VIRGINIA. INCLUDES WEBSITE FEES AND LEGAL ASSISTANCE.
LEGAL EDUCATION SUPPORT PROMOTES CONSISTENT APPLICATION OF STATE AND LOCAL LAWS AND REGULATIONS. (REVENUE NOW INCLUDED IN MEMBERSHIP DUES)
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael G Stephens President | Officer | 2 | $0 |
Scott Grindstaff 2nd Vice President | Officer | 2 | $0 |
Dinah Babb Past President | Officer | 2 | $0 |
Jeff Shafer Immded Past President | Officer | 2 | $0 |
Delores W Smith Treasurer | Officer | 2 | $0 |
Sandra Stone Secretary | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $94,195 |
| 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 | $94,195 |
| Total Program Service Revenue | $452,046 |
| Investment income | $22,272 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $569,718 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $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 | $0 |
| Fees for services: Legal | $57,352 |
| Fees for services: Accounting | $400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,382 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,628 |
| All other expenses | $0 |
| Total functional expenses | $605,508 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $706,209 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $706,209 |
| 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 | $706,209 |
| 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 | $706,209 |