Overview
What is Valve Manufacturers Association Of America?
The Valve Manufacturers Association of America, located in Alexandria, Virginia, serves as a nonprofit organization for industry members in the valve sector. They conduct meetings and seminars to keep their members informed about marketplace challenges, opportunities, and regulations. Their primary mission is to improve the business environment for their members, ultimately strengthening the overall valve industry. With a modest workforce of three individuals, they strive to foster a thriving environment for their member companies.
Official website here: www.vma.org
Is Valve Manufacturers Association Of America legitimate?
Valve Manufacturers Association Of America is a legitimate nonprofit organization registered as a 501(c)(6) entity. Valve Manufacturers Association Of America submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $277,116
Professional Fundraising Fees: $0
Other Salaries and Wages: $220,963
For more financial information, click here
Official website here: www.vma.org
What is the mission statement of Valve Manufacturers Association Of America?
The Valve Manufacturers Association of America's mission is to improve the business environment for its member companies and bolster the overall strength of the valve industry. This is achieved by organizing meetings and seminars that keep industry members informed about marketplace challenges, opportunities, and regulations. By doing so, the association aims to enhance the operational profitability and overall growth of its member companies, thereby strengthening the valve industry as a whole.
Official website here: www.vma.org
What is the revenue of Valve Manufacturers Association Of America?
Valve Manufacturers Association Of America's revenue in 2023 was $1,098,366.
Official website here: www.vma.org
Who are the executives of Valve Manufacturers Association Of America and what are their salaries?
The average compensation at Valve Manufacturers Association Of America during 2023 was $99,616. There are 5 employees and 14 volunteers at Valve Manufacturers Association Of America.
Here are 16 key members and their salaries:
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- Compensation: $243,430
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- Compensation: $109,283
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- Other: $12,140
Official website here: www.vma.org
Where can I find the form 990 for Valve Manufacturers Association Of America?
Valve Manufacturers Association Of America's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vma.org
Learn more at the official website: www.vma.org
Mission Statement of Valve Manufacturers Association Of America
The Valve Manufacturers Association of America, with a focus on its members, aims to improve their operational and financial environments. This organization strives to bolster the overall strength of the valve industry as a whole. To accomplish this, they organize various meetings and seminars. These events serve to keep industry members informed about challenges, prospects, regulations, and market trends that may impact their respective spheres of operation. By participating in these gatherings, members stay updated on developments that could potentially impact their businesses.
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Impact
October, 2024
The Valve Manufacturers Association of America significantly impacts the valve industry by enhancing the business climate for its members and strengthening the overall sector. Through a range of meetings and seminars, the organization helps industry members stay informed about critical issues, opportunities, and regulations that affect their operations. This proactive engagement allows businesses to navigate the marketplace effectively, fostering a collaborative environment that promotes growth and innovation. By prioritizing the profitability and sustainability of its members, the association plays a vital role in ensuring the long-term health of the valve industry. Based in Alexandria, VA, its mission is centered on community improvement and industry advancement.
This information is meant to be a general summary of Valve Manufacturers Association Of America. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $18,026
- Program Service Revenue: $1,065,271
- Gross Receipts: $1,198,509
Assets and Liabilities:
- Total Assets: $1,015,002
- Total Liabilities: $220,305
- Net Assets: $794,697
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership dues
Revenue
$757,012
Workshops and seminars
Revenue
$258,067
Education and training
Revenue
$47,997
Communications and pub
Revenue
$2,195
Organization Details
Founding Year
1982
Principal Officer
Heather Rhoderick
Website
www.vma.orgNTEE Category
Code: S41 - Community improvement
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