Association Of Vacuum Equipment Manufacturers is located in Falls Church, VA. The organization was established in 1970. 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. Association Of Vacuum Equipment Manufacturers 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 12/2022, Association Of Vacuum Equipment Manufacturers generated $44.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $51.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nick Wagner Treasurer | 1 | $0 | |
Ken Harrison Chair | 1 | $0 | |
Jr Gaines Director | 1 | $0 | |
Thomas L Murphy III Director | 1 | $0 | |
Steve Barker Director | 1 | $0 | |
Chris Malocsay Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $44,800 |
| Investment income | $139 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,939 |
| 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 | $31,196 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,124 |
| Total expenses | $51,320 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,030 |
| Other assets | $0 |
| Total assets | $18,030 |
| Total liabilities | $22,811 |
| Net assets or fund balances | -$4,781 |