West Virginia Press Association Inc
- Assets
- $74.9k
- Revenue
- $285.9k
- Investments
- $10.1k
- Employees
- 0
- Location
- Charleston, WV
- Founding
- 08/1955
- Data as of
- 06/2020
- EIN
- 55-0395401
Organization Overview
West Virginia Press Association Inc is located in Charleston, WV. The organization was established in 1955. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Virginia Press 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 06/2020, West Virginia Press Association Inc generated $285.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $249.2k during the year ending 06/2020. While expenses have increased by 0.1% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL & INFORMATIONAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATE AND PROVIDE INFORMATION IN JOURNALISM.
EDUCATE AND PROVIDE INFORMATION IN JOURNALISM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Buzzerd Vice Preside | OfficerTrustee | 0.5 | $0 |
David Hedges Treasurer | OfficerTrustee | 0.5 | $0 |
Randy Mooney Vp-Dailies | OfficerTrustee | 0.5 | $0 |
Jim Spanner President | OfficerTrustee | 0.5 | $0 |
Don Smith Executive Di | Officer | 2 | $0 |
James Mcgoldrick Director/pas | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,000 |
| Investment income | $1,170 |
| 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 | $285,923 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $9,000 |
| 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 to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $18,000 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $69,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $44,011 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,400 |
| Advertising and promotion | $705 |
| Office expenses | $5,277 |
| Information technology | $8,447 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,362 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $908 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $249,219 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,765 |
| 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 | $44,843 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $18,151 |
| Investments—other securities | $10,113 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $74,872 |
| Accounts payable and accrued expenses | $4,833 |
| Grants payable | $0 |
| Deferred revenue | $35,487 |
| 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 | $40,320 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $34,552 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that West Virginia Press Association Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Aarp Washington, DC PURPOSE: Sponsorship of various programs | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
News Media Alliance Arlington, VA | $20,710,538 | $7,719,219 |
American Association Of Museums Arlington, VA | $11,405,115 | $9,674,597 |
Educational Theatre Association Cincinnati, OH | $4,547,140 | $4,060,084 |
American Press Institute Inc Arlington, VA | $55,812,695 | $5,259,956 |
National Art Education Association Alexandria, VA | $5,332,373 | $7,206,215 |
Architectural Woodwork Institute Potomac Falls, VA | $9,021,141 | $4,703,574 |
Americas Public Television Stations Arlington, VA | $4,157,249 | $3,714,943 |
National Association Of Black Journalists College Park, MD | $7,758,303 | $4,417,067 |
Fine Arts Association Willoughby Willoughby, OH | $5,808,862 | $1,634,832 |
Global Investigative Journalism Network Silver Spring, MD | $3,169,029 | $1,897,351 |
Fells Point Creative Alliance Inc Baltimore, MD | $8,640,477 | $4,159,263 |
Association For Computational Linguistics Inc Stroudsburg, PA | $5,328,100 | $2,432,156 |