Overview
What is Virginia Ship Repair Association?
The Virginia Ship Repair Association (VSRA) is a strategic nonprofit organization situated in Norfolk, Virginia. Its primary mission is to elevate the recognition of the significant impact of the ship repair industry within the local, state, and federal realms, as well as the broader community. The VSRA aims to highlight the industry's national implications, not just as an essential economic foundation for the Hampton Roads area, but also as a vital national security asset. In addition, the association focuses on addressing workforce needs, showcasing diverse career paths, and promoting various training and credentialing opportunities available within the ship repair sector. The VSRA serves as a coordinating body for resources, addressing issues, challenges, and opportunities facing the ship repair industry in Virginia and beyond. The organization boasts a modest team of 10 dedicated individuals.
Official website here: www.virginiashiprepair.org
Is Virginia Ship Repair Association legitimate?
Virginia Ship Repair Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Virginia Ship Repair 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: $210,426
Professional Fundraising Fees: $0
Other Salaries and Wages: $314,132
For more financial information, click here
Official website here: www.virginiashiprepair.org
What is the mission statement of Virginia Ship Repair Association?
The Virginia Ship Repair Association serves as a coordinating body for resources related to issues, challenges, and opportunities in the ship repair industry, not just in Virginia but nationwide. Their mission is to maintain focus and provide resources to address and resolve these issues facing the industry.
One of the strategic objectives of the Virginia Ship Repair Association (VSRA) is to raise awareness of the impact of the ship repair industry among local, state, and federal entities, as well as the community at large. They aim to make the public and lawmakers aware of the significance and national implications of ship repair, beyond its role as a vital economic foundation for certain areas, but also as a critical national security asset.
Another strategic goal of the VSRA is to ensure continuous public awareness of the industry's workforce needs, diverse career paths, and the numerous training and credentialing opportunities available in the ship repair industry. The association actively works towards highlighting these aspects to promote growth and development within the industry.
Official website here: www.virginiashiprepair.org
Who is the CEO of Virginia Ship Repair Association?
William Crow is the President/Ceo of Virginia Ship Repair Association. The CEO's salary of Virginia Ship Repair Association is $186,480 and their total compensation is $210,426.
Official website here: www.virginiashiprepair.org
What is the revenue of Virginia Ship Repair Association?
Virginia Ship Repair Association's revenue in 2022 was $1,225,008.
Official website here: www.virginiashiprepair.org
Who are the executives of Virginia Ship Repair Association and what are their salaries?
The average compensation at Virginia Ship Repair Association during 2022 was $52,456. There are 10 employees and 15 volunteers at Virginia Ship Repair Association.
Here are 16 key members and their salaries (Virginia Ship Repair Association's CEO's salary is $186,480 and their total compensation is $210,426):
- Compensation: $186,480
- Related: $0
- Other: $23,946
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.virginiashiprepair.org
Where can I find the form 990 for Virginia Ship Repair Association?
Virginia Ship Repair Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.virginiashiprepair.org
Learn more at the official website: www.virginiashiprepair.org
Mission Statement of Virginia Ship Repair Association
The Virginia Ship Repair Association, a nonprofit trade association, is committed to maintaining focus and coordinating resources to address and resolve the issues, challenges, and opportunities facing the ship repair industry not only in Virginia but also nationwide. Their mission involves continuous efforts to raise awareness of the impact of the ship repair industry in Virginia among local, state, and federal entities, as well as the community at large. The association aims to make the public and lawmakers aware of the significance and national ramifications of ship repair, not just as a vital economic foundation for the Hampton Roads area, but also as a critical national security asset.
Furthermore, the Virginia Ship Repair Association sets out strategic goals to ensure public awareness of the industry workforce needs, diverse career paths, and numerous training and credentialing opportunities available in the ship repair industry. The association recognizes the importance of promoting the significance of the ship repair industry and its impact on the workforce, which is essential for the nation's security and economic growth. By raising awareness and providing resources, the Virginia Ship Repair Association works towards supporting and strengthening the ship repair industry both in Virginia and across the nation.
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Impact
October, 2024
The Virginia Ship Repair Association (VSRA) plays a vital role in the ship repair industry within Virginia and beyond, effectively addressing the challenges and opportunities that this sector faces. By coordinating resources and facilitating communication among industry stakeholders, VSRA enhances the industry's capacity to navigate complex issues, ensuring its sustained growth and operational efficiency.
A key impact of the VSRA is its advocacy for the ship repair industry, promoting awareness among local, state, and federal entities regarding the economic significance of ship repair in the Hampton Roads area. This advocacy not only emphasizes its contribution to the local economy but also highlights its importance as a national security asset, crucial for maintaining a robust maritime infrastructure.
Additionally, the VSRA is committed to workforce development, consistently raising awareness about the industry's diverse career paths and training opportunities. By fostering public understanding of the workforce needs, the association cultivates interest in the ship repair sector, ensuring that a skilled labor pool is available to meet current and future demands. Through these initiatives, the VSRA strengthens both the economic foundation and the community, contributing significantly to regional and national interests.
This information is meant to be a general summary of Virginia Ship Repair 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 2022.
- Investment Income: $6,730
- Program Service Revenue: $1,156,978
- Gross Receipts: $1,225,008
Assets and Liabilities:
- Total Assets: $2,069,863
- Total Liabilities: $1,055,409
- Net Assets: $1,014,454
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$762,625
SEMINARS
Revenue
$394,353
Organization Details
Founding Year
1981
Phone
(757) 233-7034Principal Officer
William Crow
Main Address
101 W Main Street Suite 5500, Norfolk, VA, 23510
Website
www.virginiashiprepair.orgNTEE Category
Code: S41 - Community improvement
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