Overview
What is Virginia Restaurant Lodging Travel Association?
The Virginia Restaurant Lodging Travel Association is a nonprofit organization situated in Richmond, Virginia. With seven dedicated employees, its primary mission is to serve and support its members within the hospitality industry. This is achieved by providing industry-specific information through meetings, newsletters, and field training programs. The association also offers resources to help members comply with state requirements. Additionally, the Virginia Restaurant Lodging Travel Association advocates for the legislative interests of the industry, fosters networking opportunities, and safeguards free enterprise. By doing so, it aims to create value for its members and contribute positively to the hospitality sector in Virginia.
Official website here: www.vrlta.org
Is Virginia Restaurant Lodging Travel Association legitimate?
Virginia Restaurant Lodging Travel Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Virginia Restaurant Lodging Travel 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: $140,420
Professional Fundraising Fees: $0
Other Salaries and Wages: $283,972
For more financial information, click here
Official website here: www.vrlta.org
What is the mission statement of Virginia Restaurant Lodging Travel Association?
The Virginia Restaurant Lodging Travel Association's mission is centered around creating value for its members. This is achieved by advocating for the industry's legislative interests, fostering networking opportunities, providing educational resources, and safeguarding free enterprise. The association serves its members by disseminating industry-related information through meetings and newsletters. Additionally, they offer field training programs and resources to ensure compliance with state requirements. In essence, the Virginia Restaurant Lodging Travel Association is dedicated to supporting its members in various aspects of their business operations.
Official website here: www.vrlta.org
Who is the CEO of Virginia Restaurant Lodging Travel Association?
Eric Terry is the Chair of Virginia Restaurant Lodging Travel Association.
Official website here: www.vrlta.org
What is the revenue of Virginia Restaurant Lodging Travel Association?
Virginia Restaurant Lodging Travel Association's revenue in 2022 was $1,514,879.
Official website here: www.vrlta.org
Who are the executives of Virginia Restaurant Lodging Travel Association and what are their salaries?
The average compensation at Virginia Restaurant Lodging Travel Association during 2022 was $60,627. There are 7 employees at Virginia Restaurant Lodging Travel Association.
Here are 47 key members and their salaries:
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Official website here: www.vrlta.org
Where can I find the form 990 for Virginia Restaurant Lodging Travel Association?
Virginia Restaurant Lodging Travel Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vrlta.org
Learn more at the official website: www.vrlta.org
Mission Statement of Virginia Restaurant Lodging Travel Association
The Virginia Restaurant Lodging Travel Association, in its mission, aims to create value for its members. This is achieved by promoting the legislative interests of the industry, fostering networking opportunities, and providing educational resources. Moreover, the association works tirelessly to protect free enterprise. By doing so, it strives to support its members in various aspects of their businesses, ensuring they remain compliant with state requirements. The association accomplishes this by providing industry information through regular meetings and newsletters, as well as offering field training programs and resources for compliance.
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Impact
October, 2024
The Virginia Restaurant Lodging Travel Association (VRLTA) plays a significant role in supporting the hospitality and tourism industries in Virginia. Through its advocacy efforts, the VRLTA effectively promotes the legislative interests of its members, ensuring that their voices are heard in the political arena. This advocacy not only helps shape policies that benefit the industry but also protects the principles of free enterprise, creating a more favorable business environment.
Networking opportunities facilitated by the VRLTA enable industry professionals to connect, collaborate, and share best practices. These interactions foster a sense of community and strengthen relationships among stakeholders, contributing to the overall growth of the sector.
Additionally, the association offers valuable educational resources, including meetings and newsletters, which provide vital industry information. Field training programs are also available, assisting members in compliance with state requirements and enhancing their operational effectiveness.
By focusing on these key areas—advocacy, networking, and education—the VRLTA significantly enhances the capabilities and competitiveness of its members, driving progress and improvement within the community.
This information is meant to be a general summary of Virginia Restaurant Lodging Travel 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: $1,178
- Program Service Revenue: $492,503
- Gross Receipts: $1,514,879
Assets and Liabilities:
- Total Assets: $349,457
- Total Liabilities: $125,316
- Net Assets: $224,141
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTIONS AND MEETINGS
Revenue
$373,375
GO VA
Revenue
$92,469
RESOURCES
Revenue
$14,985
PUBLICATIONS
Revenue
$11,674
Organization Details
Founding Year
1993
Phone
(804) 288-3065Principal Officer
Eric Terry
Main Address
5101 MONUMENT AVE SUITE 206, RICHMOND, VA, 23230
Website
www.vrlta.orgNTEE Category
Code: S41 - Community improvement
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