Southwest Virginia Chapter Of The Community Association Institute is located in Roanoke, VA. The organization was established in 1979. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Southwest Virginia Chapter Of The Community Association Institute 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, Southwest Virginia Chapter Of The Community Association Institute generated $10.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $13.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
THIS LOCAL CHAPTER OF THE NATIONAL COMMUNITY ASSOCIATION INSTITUTE ORGANIZATION WAS ESTABLISHED TO EDUCATE COMMON INTEREST COMMUNITIES, MANAGERS, BUSINESS AFFILIATES, AND VOLUNTEERS WHO SERVE THEM.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Sottolano President | 0 | $0 | |
Toshia Guthrie Secretary | 2 | $0 | |
Tanya Cannaday Treasurer | 0 | $0 | |
Christina Greene Director | 2 | $0 | |
Mike Short Director | 2 | $0 | |
Ginny Peebles Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,669 |
| Membership dues | $6,821 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,397 |
| Total Revenue | $10,889 |
| 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 | $7,277 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $241 |
| Other expenses | $5,842 |
| Total expenses | $13,360 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,034 |
| Other assets | $0 |
| Total assets | $16,034 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,034 |