South Carolina Vending Association
- Assets
- $241.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, SC
- Founding
- 04/1979
- Data as of
- 12/2021
- EIN
- 57-0674732
Organization Overview
South Carolina Vending Association is located in Columbia, SC. The organization was established in 1979. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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. South Carolina Vending Association 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 12/2021, South Carolina Vending Association generated $29.6k 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 (13.4%) each year. All expenses for the organization totaled $38.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lance Roper Treasurer | 1 | $0 | |
Gaye Tankersley Vice President | 1 | $0 | |
Mike Mitchell Assoc Director | 1 | $0 | |
Kanesa Hopkins Director | 1 | $0 | |
John Ripley Jr President | 1 | $0 | |
Donna Trego Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $8,200 |
| Membership dues | $12,300 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,095 |
| Total Revenue | $29,595 |
| 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 | $19,475 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $34 |
| Other expenses | $18,256 |
| Total expenses | $38,765 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $241,594 |
| Other assets | $0 |
| Total assets | $241,594 |
| Total liabilities | $5,000 |
| Net assets or fund balances | $236,594 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Surplus Lines Association Of North Carolina Raleigh, NC | $12,949,553 | $5,323,982 |
Georgia Highway Contractors Association Inc Alpharetta, GA | $1,405,091 | $1,643,875 |
Council For Quality Growth Inc Atlanta, GA | $1,449,992 | $1,248,012 |
Myrtle Beach Regional Economic Development Corp Conway, SC | $2,366,684 | $1,152,019 |
Steel Erectors Association Of America Inc Winston Salem, NC | $258,392 | $857,819 |
Carolinas Ready Mixed Concrete Association Inc Charlotte, NC | $1,282,555 | $1,169,552 |
North Carolina Trucking Assn Inc Raleigh, NC | $1,182,341 | $1,018,389 |
Greater Greensboro Builders Association Greensboro, NC | $756,548 | $819,396 |
Georgia Association Of Convenience Stores Inc Dallas, GA | $2,009,909 | $924,047 |
Guilford Merchants Association Inc Greensboro, NC | $290,434 | $699,366 |
Carolina Asphalt Pavement Assn Inc Raleigh, NC | $1,361,344 | $779,094 |
South Carolina Asphalt Pavement Association Inc Columbia, SC | $1,014,133 | $710,829 |