Carolina Virginia Telephone Membership Assn Inc
- Assets
- $434.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Montgomery, AL
- Founding
- 05/1962
- Data as of
- 06/2022
- EIN
- 56-6060469
Organization Overview
Carolina Virginia Telephone Membership Assn Inc is located in Montgomery, AL. The organization was established in 1962. According to its NTEE Classification (Y99) the organization is classified as: Mutual & Membership Benefit N.E.C., under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is the central organization for a national or regional group of organizations. Carolina Virginia Telephone Membership Assn Inc 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 06/2022, Carolina Virginia Telephone Membership Assn Inc generated $110.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $62.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.2%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE EDUCATION AND INFORMATION TO MANAGERS AND DIRECTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Howard Director | 1 | $0 | |
Shelby Quesenberry Director | 1 | $0 | |
Rc Mitchell Director | 1 | $0 | |
Keith Holden Director | 1 | $0 | |
William Franklin Director | 1 | $0 | |
Richie Parker Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,229 |
| Total Program Service Revenue | $0 |
| Membership dues | $107,262 |
| Investment income | $157 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $110,648 |
| 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 | $62,412 |
| Total expenses | $62,412 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $428,199 |
| Other assets | $0 |
| Total assets | $434,128 |
| Total liabilities | $0 |
| Net assets or fund balances | $434,128 |
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