Overview
What is Retail Merchants Association?
The Retail Merchants Association is a nonprofit organization situated in Richmond, Virginia. With a team of seven dedicated individuals, its primary mission is to support and bolster the retail industry in the central Virginia area. This is achieved through various means, including advocating for retail-related issues before local and state government, offering educational programs for retailers and their employees, developing services to assist retailers, and providing networking opportunities. The association's goal is to stimulate, extend, and promote the retail business in the Richmond trading area, contributing positively to the local economy.
Official website here: www.inunison.org
Is Retail Merchants Association legitimate?
Retail Merchants Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Retail Merchants Association 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: $504,981
For more financial information, click here
Official website here: www.inunison.org
What is the mission statement of Retail Merchants Association?
The Retail Merchants Association has a mission to foster, stimulate, extend, and promote the business of retail merchants. This mission is carried out by advocating for retailers on various issues at both local and state government levels, offering educational programs for retailers and their employees, developing services to assist retailers, and providing networking opportunities. The organization aims to support the retail industry in its central Virginia area, thereby contributing to its growth and success.
Official website here: www.inunison.org
Who is the CEO of Retail Merchants Association?
Nancy Thomas is the CEO of Retail Merchants Association The CEO's salary of Retail Merchants Association is $179,666 and their total compensation is $200,877.
Official website here: www.inunison.org
What is the revenue of Retail Merchants Association?
Retail Merchants Association's revenue in 2024 was $1,409,599.
Official website here: www.inunison.org
Who are the executives of Retail Merchants Association and what are their salaries?
The average compensation at Retail Merchants Association during 2024 was $84,164. There are 6 employees at Retail Merchants Association.
Here are 20 key members and their salaries (Retail Merchants Association's CEO's salary is $179,666 and their total compensation is $200,877):
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- Compensation: $179,666
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- Other: $19,075
- Compensation: $87,918
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- Other: $8,783
Official website here: www.inunison.org
Where can I find the form 990 for Retail Merchants Association?
Retail Merchants Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.inunison.org
Learn more at the official website: www.inunison.org
Mission Statement of Retail Merchants Association
The Retail Merchants Association, as an organization, is committed to fostering, motivating, expanding, and championing the business interests of retail merchants within its sphere. Its primary mission is to stimulate and promote the retail sector in the broader trading area, working tirelessly to advance the commercial interests of retailers. To achieve this goal, the Retail Merchants Association engages in various activities, such as representing retailers before local and state governments on key issues, providing educational programs for retailers and their employees, and developing services to assist retailers in their operations. Furthermore, the association offers networking opportunities, serving as a platform for retailers to connect and share insights, thereby strengthening the retail industry as a whole.
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Impact
October, 2024
The Retail Merchants Association plays a crucial role in fostering a vibrant retail environment in the Richmond area. By promoting the interests of retailers, the association works to stimulate and extend business opportunities within the community. Its efforts include advocating for retail issues at local and state government levels, ensuring that the voices of retailers are heard and represented.
Additionally, the association offers educational programs tailored for retailers and their employees, enhancing skills and knowledge vital for success in the competitive retail landscape. Through the development of various services, it provides essential support to retailers, facilitating their growth and sustainability.
Moreover, the Retail Merchants Association cultivates a strong network among business owners, creating valuable connections and collaboration opportunities that benefit the entire community. Overall, its impact is evident in the strengthened retail sector, contributing to the economic vitality of the Richmond area and improving the shopping experience for consumers.
This information is meant to be a general summary of Retail Merchants Association. 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 2024.
- Investment Income: $597,593
- Program Service Revenue: $160,658
- Gross Receipts: $1,409,599
Assets and Liabilities:
- Total Assets: $20,537,693
- Total Liabilities: $182,623
- Net Assets: $20,355,070
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATION FEES
Revenue
$110,000
MEMBERSHIP DUES
Revenue
$50,658
Organization Details
Founding Year
1906
Principal Officer
Nancy Thomas
Website
www.inunison.orgNTEE Category
Code: S41 - Community improvement
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