Richmond Cpcu Society Chapter
- Assets
- $177.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glen Allen, VA
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 46-4970294
Organization Overview
Richmond Cpcu Society Chapter is located in Glen Allen, VA. The organization was established in 2014. 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. Richmond Cpcu Society Chapter 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 12/2023, Richmond Cpcu Society Chapter generated $30.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (22.8%) each year. All expenses for the organization totaled $33.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (21.9%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION AND PROMTION OF INSURANCE.
Describe the Organization's Program Activity:
Part 3
PROVIDES EDUCATIONAL CLASSES/TRAINING. INCLUDES TEXTBOOKS AND EXAMS.
AN ANNUAL GOLF TOURNAMENT IS USED FOR FUNDRAISING
MEETINGS FOR THE MEMBERSHIP, INCLUDING SPEAKERS.
PROVIDING INSTRUCTORS, INCLUDING EDUCATIONAL COORDINATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Buchanan President | 1 | $0 | |
Tredessa Travers Vice President | 1 | $0 | |
Jennifer Blandford Secretary | 1 | $0 | |
Christopher Townsend Treasurer | 1 | $0 | |
Catherine Thrift Director | 1 | $0 | |
Charity Grzelecki Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,408 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,515 |
| Investment income | $2,905 |
| Gain or Loss | -$1,276 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,552 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,360 |
| Other expenses | $18,904 |
| Total expenses | $33,264 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $177,020 |
| Other assets | $0 |
| Total assets | $177,020 |
| Total liabilities | $0 |
| Net assets or fund balances | $177,020 |