Form 990 for tax year 2024
Filed by VIRGINIA SOCIETY OF ASSOCIATION EXECUTIVES INC.
Totals
- Total revenue
- $691,522
- Total expenses
- $646,463
- Contributions and grants received
- $203,587
- Grants paid
- $0
- Program service revenue
- $452,281
- Investment income
- $49,004
- Other revenue
- -$13,350
- Total assets, end of year
- $749,572
- Total liabilities, end of year
- $242,731
- Net assets or fund balances, end of year
- $506,841
- Program services expenses (Part IX)
- $512,032
- Management and general expenses
- $134,431
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 79.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$159,975
-
1c · Fundraising events
$42,597
-
1f · All other contributions, gifts and grants
$1,015
-
1g · Noncash contributions included above
$42,597
-
2a · Program service revenue: OTHER INCOME
total $123,415 · related or exempt $123,415
-
2b · Program service revenue: ANNUAL CONFERENCE
total $120,149 · related or exempt $120,149
-
2c · Program service revenue: FALL CONFERENCE AND EXPO
total $101,513 · related or exempt $101,513
-
2d · Program service revenue: CONFERENCES & MEETINGS
total $77,384 · related or exempt $77,384
-
2e · Program service revenue: CEO RETREAT
total $29,820 · related or exempt $29,820
-
3 · Investment income
total $34,183 · excluded $34,183
-
7a · Gross sales of assets other than inventory
securities $148,860
-
7b · Less cost or other basis and sales expenses
securities $134,039
-
7c · Gain or loss
securities $14,821
-
7d · Net gain or loss
total $14,821 · related or exempt $14,821
-
8a · Fundraising events: gross income
$20,145
-
8a · Fundraising events: contributions included on line 1c
$42,597
-
8b · Fundraising events: direct expenses
$42,947
-
8c · Net income from fundraising events
total -$22,802 · excluded -$22,802
-
11a · Other revenue: CAREER HQ/MISC.
total $9,452 · related or exempt $9,452
-
11e · Other revenue, total
$9,452
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $472,822 · program services $379,194 · management and general $93,628
-
11c · Fees: accounting
total $10,550 · management and general $10,550
-
11f · Fees: investment management
total $6,312 · management and general $6,312
-
13 · Office expenses
total $7,060 · program services $269 · management and general $6,791
-
14 · Information technology
total $13,400 · program services $11,750 · management and general $1,650
-
17 · Travel
total $973 · program services $973
-
19 · Conferences, conventions and meetings
total $98,891 · program services $98,891
-
23 · Insurance
total $2,817 · management and general $2,817
-
24a · Other expenses: NEWSLETTER AND DIRECTORY
total $17,351 · program services $17,351
-
24b · Other expenses: OTHER
total $12,683 · management and general $12,683
-
24c · Other expenses: OTHER EXPENSES
total $3,604 · program services $3,604
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $121,579 · end of year $92,937
-
4 · Accounts receivable
beginning of year $1,836 · end of year $1,700
-
9 · Prepaid expenses and deferred charges
beginning of year $2,963 · end of year $3,012
-
11 · Investments: publicly traded securities
beginning of year $593,245 · end of year $651,923
-
17 · Accounts payable and accrued expenses
beginning of year $60,453 · end of year $156
-
19 · Deferred revenue
beginning of year $219,404 · end of year $242,575
-
27 · Net assets without donor restrictions
beginning of year $439,766 · end of year $506,841
Mission and programs · 2024
Mission
VSAE PROMOTES THE EDUCATION, RECOGNITION AND INTERACTION AMONG ASSOCIATION EXECUTIVES IN VIRGINIA TO ENSURE THEIR EFFECTIVENESS AND PROFESSIONALISM.
-
VSAE PRODUCES AN EDUCATIONAL SYMPOSIUM & EXPO EACH YEAR WHICH PROVIDES MEMBERS WITH EDUCATIONAL SEMINARS. THE EXPO ALSO PROVIDES AN OPPORTUNITY FOR MEMBERS TO INTERACT WITH VENDORS THAT PROVIDE SERVICES TO THE ASSOCIATION INDUSTRY.
-
THE ASSOCIATION PROVIDES MONTHLY NEWSLETTERS AND ANNUAL DIRECTORY WITH INDUSTRY INFORMATION.
-
SEMINARS AND MEETINGS PROVIDE SPEAKERS THAT ENABLE ASSOCIATION EXECUTIVES TO DEVELOP AND ENHANCE MANAGEMENT ASSOCIATION SKILLS AS WELL AS AN OPPORTUNITY TO LEARN MORE ABOUT NEW TRENDS IN THE INDUSTRY AND EVENTS IN THE COMMONWEALTH THAT COULD AFFECT THEIR OWN ASSOCIATION MEMBERS.
As filed on the 2024 return.
Listed in Part VII
-
Stewart HinckleySTEWART HINCKLEY
PAST PRESIDE
- Total calculated
- $0
- Hours/week
- 0.75
-
Shannon McCabeSHANNON MCCABE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.75
-
Carter LyonsCARTER LYONS
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.75
-
Susan ParkSUSAN PARK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Amy SalesAMY SALES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Abby TammenABBY TAMMEN
PRESIDENT EL
- Total calculated
- $0
- Hours/week
- 0.75
-
Terry MonroeTERRY MONROE
EXECUTIVE DI
- Total calculated
- $0
- Hours/week
- 0.75
-
Bruce WhitehurstBRUCE WHITEHURST
TREASURER
- Total calculated
- $0
- Hours/week
- 0.75
-
Ann HayesANN HAYES
ASSOCIATE ME
- Total calculated
- $0
- Hours/week
- 0.5
-
Craig ToalsonCRAIG TOALSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Randy GrumbineRANDY GRUMBINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Jennifer ThomasJENNIFER THOMAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Megan WilliamsMEGAN WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kelly Ann GullKELLY ANN GULL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tom HardimanTOM HARDIMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Michelle RungeMICHELLE RUNGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Chrissy CannadayCHRISSY CANNADAY
DEPUTY EXECU
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 23 April 2025
- IRS schema version
- 2024v5.0
- Source object
- 202501159349301305
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