Virginia Spirits Association is located in Moseley, VA. The organization was established in 2013. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Virginia Spirits 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 12/2022, Virginia Spirits Association generated $73.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $75.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE COMMON INTEREST OF DISTILLERIES,RECTIFIERS, OF DISTILLED SPIRITS AND BROKERS OF DISTILLED SPIRITS AUTHORIZED TO DO BUSINESS IN THE COMMONWEALTH OF VIRGINIA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Kovalcheck President | 1 | $0 | |
Don Tierney Executive Di | 1 | $27,500 | |
Reed Davis Treasurer | 1 | $0 | |
Katie Bogardus Secretary | 1 | $0 | |
Roy Stisher Director | 1 | $0 | |
David Spisak Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,500 |
| 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 | $68,747 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $18 |
| Other expenses | $6,515 |
| Total expenses | $75,280 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $157,851 |
| Other assets | $0 |
| Total assets | $157,851 |
| Total liabilities | $0 |
| Net assets or fund balances | $157,851 |