Virginia Petroleum And Convenience Marketers Association Inc

Association

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

EIN: 540494733 ✦ Richmond, VA ✦ Designated as a 501(c)(6)

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Overview

What is Virginia Petroleum And Convenience Marketers Association Inc?

Virginia Petroleum And Convenience Marketers Association Inc, operating under the name "Association," is a nonprofit organization located in Richmond, Virginia. With just two employees, this organization serves to keep its members informed about current events and regulations impacting the petroleum and convenience store industries. By distributing relevant information and providing training, the Association aims to help its members navigate the complex regulatory landscape of these industries, ensuring their continued success and compliance.


Official website here: www.vpcga.com

Is Virginia Petroleum And Convenience Marketers Association Inc legitimate?

Virginia Petroleum And Convenience Marketers Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Virginia Petroleum And Convenience Marketers Association Inc 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: $215,437
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,993

For more financial information, click here


Official website here: www.vpcga.com

What is the mission statement of Virginia Petroleum And Convenience Marketers Association Inc?

The Virginia Petroleum and Convenience Marketers Association Inc was established with a mission to keep its members updated on the latest developments and regulations impacting the petroleum and convenience store industries. The organization's primary activity involves distributing information and conducting training sessions, ensuring its members stay informed about the industry's current events and regulatory changes. By doing so, the association aims to foster a supportive environment where its members can navigate the challenges and opportunities in the petroleum and convenience store sectors effectively.


Official website here: www.vpcga.com

Who is the CEO of Virginia Petroleum And Convenience Marketers Association Inc?

Michael O'Connor is the President of Virginia Petroleum And Convenience Marketers Association Inc.


Official website here: www.vpcga.com

What is the revenue of Virginia Petroleum And Convenience Marketers Association Inc?

Virginia Petroleum And Convenience Marketers Association Inc's revenue in 2022 was $516,545.


Official website here: www.vpcga.com

Who are the executives of Virginia Petroleum And Convenience Marketers Association Inc and what are their salaries?

The average compensation at Virginia Petroleum And Convenience Marketers Association Inc during 2022 was $131,215. There are 2 employees and 14 volunteers at Virginia Petroleum And Convenience Marketers Association Inc.


Here are 15 key members and their salaries:


Michael O'Connor (President)
  • Compensation: $207,080
  • Related: $0
  • Other: $8,357
Corey Russell (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Anderson (First Vice C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Koontz (Second Vice)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Sutton (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Fannon (Immed. Past)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monty Berhane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Mcclenahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Prewitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Claytor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Terhune (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Gray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Mccormick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lewis Wall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vpcga.com

Where can I find the form 990 for Virginia Petroleum And Convenience Marketers Association Inc?

Virginia Petroleum And Convenience Marketers Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vpcga.com

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

Mission Statement of Virginia Petroleum And Convenience Marketers Association Inc

Virginia Petroleum And Convenience Marketers Association Inc was established with a mission to keep its members informed about the current events and regulations affecting the petroleum and convenience store industries. This nonprofit organization dedicates its efforts to distributing relevant information and providing training to its members, ensuring they stay updated on the regulations and trends shaping their industry. By doing so, Virginia Petroleum And Convenience Marketers Association Inc aims to empower its members to navigate the complex landscape of the petroleum and convenience store industries with confidence and expertise.

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Impact




October, 2024

Virginia Petroleum and Convenience Marketers Association Inc significantly impacts the petroleum and convenience store industries by providing crucial information and training on current events and regulations. By keeping members informed, the organization helps businesses navigate the complexities of compliance and operational standards, ultimately enhancing their ability to serve customers effectively.

The association's focus on education fosters a more informed workforce, empowering members to adapt to changing market conditions and regulatory environments. This proactive approach not only cultivates an informed community but also promotes best practices that lead to improved safety and environmental standards within the industry.

Additionally, its commitment to community improvement reinforces local economies, as well-informed businesses can operate more efficiently and responsibly. As a result, the organization plays a vital role in strengthening the petroleum and convenience store sectors in Virginia, ensuring that they remain competitive and responsive to both industry challenges and consumer needs.




This information is meant to be a general summary of Virginia Petroleum And Convenience Marketers Association Inc. 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
$516,545 (2022)
Expenses
$481,715 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $49,697
  • Program Service Revenue: $335,225
  • Gross Receipts: $1,562,931

Assets and Liabilities:

  • Total Assets: $1,118,594
  • Total Liabilities: $328,725
  • Net Assets: $789,869

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$190,054

CONVENTIONS

Revenue

$89,544

TRADE SHOWS

Revenue

$37,164

MANAGEMENT FEES

Revenue

$10,388

PUBLICATIONS

Revenue

$8,075

Organization Details

Founding Year

1948

Principal Officer

Michael O'Connor

Main Address

7275 GLEN FOREST DR STE 204, RICHMOND, VA, 23226

NTEE Category

Code: S41 - Community improvement

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