Virginia Cooperative Council Inc

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

EIN: 540733714 ✦ Richmond, VA ✦ Designated as a 501(c)(5)

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Overview

What is Virginia Cooperative Council Inc?

Virginia Cooperative Council Inc is a nonprofit organization dedicated to enlightening Virginians about cooperatives and the cooperative business model. They offer valuable resources, such as sponsoring up to 10 students to attend out-of-state cooperative leadership conferences, held in 2019 and 2022, with the 2020 and 2021 events postponed due to the COVID-19 pandemic. Apart from these conferences, the council organizes two annual member events, featuring speakers, seminars, awards, and meals. The main event takes place in March, while the awards breakfast marks the beginning of Co-Op month celebrations in October.


Official website here: www.virginia.coop

Is Virginia Cooperative Council Inc legitimate?

Virginia Cooperative Council Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Virginia Cooperative Council Inc submitted a form 990EZ, 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.


Official website here: www.virginia.coop

What is the mission statement of Virginia Cooperative Council Inc?

The Virginia Cooperative Council Inc serves to educate and inform individuals about cooperatives and the cooperative business model. It achieves this by providing resources and opportunities. Notably, the organization offers the chance for up to 10 students to attend cooperative leadership conferences, despite cancellations in 2020 and 2021 due to Covid. Moreover, Virginia Cooperative Council hosts member events, including seminars, awards, and meals. Its annual meeting typically takes place in March, while the awards breakfast commences the Co-Op month celebration in October.


Official website here: www.virginia.coop

Who is the CEO of Virginia Cooperative Council Inc?

Brad Brown is the President of Virginia Cooperative Council Inc.


Official website here: www.virginia.coop

What is the revenue of Virginia Cooperative Council Inc?

Virginia Cooperative Council Inc's revenue in 2022 was $55,869.


Official website here: www.virginia.coop

Who are the executives of Virginia Cooperative Council Inc and what are their salaries?


Here are 4 key members and their salaries:


Brad Brown (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Shiflett (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Harris (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Howell (Executive Secretary)
  • Compensation: $24,000
  • Related: $0
  • Other: $0


Official website here: www.virginia.coop

Where can I find the form 990EZ for Virginia Cooperative Council Inc?

Virginia Cooperative Council Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.virginia.coop

Learn more at the official website: www.virginia.coop

Mission Statement of Virginia Cooperative Council Inc

Virginia Cooperative Council, a nonprofit organization, is committed to educating and enlightening Virginians about cooperatives and the cooperative business model. Its mission is to serve as a resource, providing opportunities for up to ten students to attend cooperative leadership conferences annually. These conferences are hosted by Gain in 2019 and NC in 2022, with the exception of 2020 and 2021 due to the Covid-19 pandemic. Virginia Cooperative Council also hosts two member events throughout the year, which typically include speakers, seminars, awards, and meals. One of these events takes place in March, while the other marks the beginning of Co-Op month celebrations in October with an awards breakfast. The organization's initiatives aim to promote understanding and engagement with the cooperative model, empowering individuals to contribute to and benefit from cooperative enterprises.

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Impact




October, 2024

Virginia Cooperative Council Inc plays a vital role in promoting understanding and awareness of cooperatives and the cooperative business model among Virginians. By educating the community, the organization fosters a greater appreciation for the benefits of cooperatives, which can lead to enhanced collaboration and economic empowerment.

The Council’s commitment to education is exemplified in its support for students, providing resources for up to 10 individuals to participate in out-of-state cooperative leadership conferences. This not only equips the students with valuable knowledge but also encourages the next generation of leaders in the cooperative sector.

Furthermore, the Virginia Cooperative Council facilitates essential networking and learning opportunities through its member events. These events, which include speakers, seminars, and award ceremonies, serve as platforms for sharing experiences, celebrating achievements, and discussing the future of cooperatives. The annual meeting and the awards breakfast during Co-Op month help to solidify a sense of community and recognition within the cooperative sector.

Overall, the Virginia Cooperative Council Inc significantly impacts the local community by enhancing education around cooperatives, empowering youth, and creating an engaged network of cooperative members.




This information is meant to be a general summary of Virginia Cooperative Council 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
$55,869 (2022)
Expenses
$51,788 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,069
  • Gross Receipts: $71,481

Assets and Liabilities:

  • Total Assets: $259,548
  • Total Liabilities: $0
  • Net Assets: $259,548

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Organization Details

Principal Officer

Brad Brown

Main Address

PO BOX 25202, RICHMOND, VA, 232605202

NTEE Category

Code: S40 - Community improvement

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