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Virginia Retail Federation Llc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 475247879 ✦ Richmond, VA ✦ Designated as a 501(c)(6)

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Overview

What is Virginia Retail Federation Llc?

Virginia Retail Federation Llc is a nonprofit organization based in Richmond, Virginia. With a mission to advocate for local, regional, independent, franchise, and national retailers in the Commonwealth of Virginia, they work closely with state and federal public officials and governmental agencies. Employing staff lobbyists from the Retail Merchants Association and the Retail Merchant Association of Tidewater Virginia Inc., they engage in advocacy efforts that are nonpartisan and nonsectarian, although they may endorse candidates for public office or take positions on public policy issues. The organization, with a small team of two employees, aims to support and protect the interests of retailers in Virginia.


Official website here: www.virginiaretailfederation.com

Is Virginia Retail Federation Llc legitimate?

Virginia Retail Federation Llc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Virginia Retail Federation Llc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $128,154

For more financial information, click here


Official website here: www.virginiaretailfederation.com

What is the mission statement of Virginia Retail Federation Llc?

The Virginia Retail Federation LLC serves as an advocate for local, regional, independent retailers, as well as franchise and national retailers, in Virginia. The organization operates on a non-profit basis and maintains a nonpartisan and nonsectarian stance. Although it is not partisan, the Federation may endorse candidates for public office and take positions on election issues or public policy matters. The Federation advocates for the interests of Virginia retailers with state and federal public officials and governmental agencies, utilizing lobbyists from the Virginia Retail Federation.


Official website here: www.virginiaretailfederation.com

Who is the CEO of Virginia Retail Federation Llc?

Nancy C Thomas is the Manager of Virginia Retail Federation Llc.


Official website here: www.virginiaretailfederation.com

What is the revenue of Virginia Retail Federation Llc?

Virginia Retail Federation Llc's revenue in 2022 was $143,875.


Official website here: www.virginiaretailfederation.com

Who are the executives of Virginia Retail Federation Llc and what are their salaries?

The average compensation at Virginia Retail Federation Llc during 2022 was $64,077. There are 2 employees and 20 volunteers at Virginia Retail Federation Llc.


Here are 2 key members and their salaries:


Nancy C Thomas (Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Crittenden (Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.virginiaretailfederation.com

Where can I find the form 990 for Virginia Retail Federation Llc?

Virginia Retail Federation Llc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.virginiaretailfederation.com

Learn more at the official website: www.virginiaretailfederation.com

Mission Statement of Virginia Retail Federation Llc

Virginia Retail Federation LLC, a nonprofit organization, is committed to advocating on behalf of local, regional, independent retailers, as well as franchise and national retailers, within the Commonwealth of Virginia. Their mission is to act as an intermediary between these retailers and state and federal public officials and agencies, aiming to influence policies and regulations that favor the retail industry. The Federation is not affiliated with any political party or religion, but it may endorse candidates for public office and take positions on public policy issues.

To accomplish its mission, Virginia Retail Federation LLC employs staff lobbyists. These lobbyists work diligently to advocate for the interests of Virginia retailers with both state and federal public officials and governmental agencies. This advocacy work is carried out under the banners of the Retail Merchants Association and the Retail Merchant Association of Tidewater Virginia, Inc., which are subsidiaries or partners of the Virginia Retail Federation LLC. The Federation leverages the collective strength and voice of its members to influence policy decisions that directly impact the retail industry within Virginia.

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Impact




October, 2024

Virginia Retail Federation LLC plays a significant role in shaping the retail landscape in the Commonwealth of Virginia by advocating for the interests of local, regional, and national retailers. By engaging with both state and federal officials, the Federation ensures that the voices of independent and franchise retailers are heard in policy discussions and legislative processes.

Through effective lobbying efforts, the Federation influences public policy decisions that affect the retail industry, addressing issues that are vital to the sustainability and growth of retailers. This advocacy is crucial, as it supports a diverse retail ecosystem and fosters a favorable environment for businesses to thrive. By taking positions on election issues and endorsing candidates aligned with their mission, the Federation helps to mobilize support for retail-friendly policies that can enhance economic development in Virginia.

Overall, the Virginia Retail Federation LLC's impact is seen in its commitment to representing the interests of the retail sector, contributing positively to the state's economy, and ensuring that retail concerns are prioritized in government decision-making.




This information is meant to be a general summary of Virginia Retail Federation Llc. 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.

Revenue
$143,875 (2022)
Expenses
$244,506 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $350
  • Gross Receipts: $143,875

Assets and Liabilities:

  • Total Assets: $54,926
  • Total Liabilities: $867
  • Net Assets: $54,059

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Organization Details

Founding Year

2010

Principal Officer

Nancy C Thomas

Main Address

5101 MONUMENT AVENUE, RICHMOND, VA, 23230

NTEE Category

Code: W03 - Public benefit

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