Potomac Valley Alumnae Chapter Fund Incorporated
- Assets
- $129.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockville, MD
- Founding
- 02/1987
- Data as of
- 12/2023
- EIN
- 52-1497672
Organization Overview
Potomac Valley Alumnae Chapter Fund Incorporated is located in Rockville, MD. The organization was established in 1987. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Potomac Valley Alumnae Chapter Fund Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Potomac Valley Alumnae Chapter Fund Incorporated generated $61.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $61.8k during the year ending 12/2023. While expenses have increased by 6.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Murray Vice Chairperson | 4 | $0 | |
Lia Beth Moore Secretary | 4 | $0 | |
Latrincy Btes Director | 2 | $0 | |
Jeanette Conrad Ellis Director | 2 | $0 | |
Anna Riley Director | 4 | $0 | |
Joyelle Ogilvie Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,165 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,275 |
| Investment income | $74 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $45,920 |
| Other Revenue | $0 |
| Total Revenue | $61,434 |
| 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 | $0 |
| Other expenses | $61,771 |
| Total expenses | $61,771 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $126,307 |
| Other assets | $0 |
| Total assets | $129,023 |
| Total liabilities | $0 |
| Net assets or fund balances | $129,023 |