Overview
What is Vma Inc?
Vma Inc, a nonprofit organization situated in Ormond Beach, Florida, primarily serves the local manufacturing sector. Their primary objective is to offer information, education, and networking opportunities to local manufacturers. They achieve this through various events and meetings, such as plant tours, showcases of produced goods, and gatherings focused on human resources and operational excellence. Vma Inc also hosts three annual events, including an awards banquet, a golf tournament, and a Robot Brawl, which engages schools and manufacturers in a friendly competition. The Robot Brawl, held at the Jackie Robinson Baseball Field, is particularly noteworthy as it supports STEM programs in local schools and colleges through tournament funds. With a team of around 3 employees, Vma Inc is dedicated to improving and connecting the manufacturing industry in its community.
Official website here: www.vmaonline.com
Is Vma Inc legitimate?
Vma Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Vma 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: $145,931
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,296
For more financial information, click here
Official website here: www.vmaonline.com
What is the mission statement of Vma Inc?
VMA Inc's mission is centered around providing continuous improvement opportunities for its member companies. This is achieved through offering high-quality education, information, and networking in a welcoming environment. The organization's primary aim is to support local manufacturers by providing them with valuable resources. Additionally, VMA Inc hosts various events, such as annual golf tournaments, which contribute to funding STEM programs in local schools and colleges. The association also organizes plant tours and showcases products produced in the area, attracting a significant number of attendees. Furthermore, VMA Inc conducts meetings focused on human resources and operational excellence, providing a platform for industry professionals to network and share knowledge.
Official website here: www.vmaonline.com
Who is the CEO of Vma Inc?
Jessica Lovatt is the Chairman of Vma Inc. The CEO's salary of Vma Inc is $87,000 and their total compensation is $92,000.
Official website here: www.vmaonline.com
What is the revenue of Vma Inc?
Vma Inc's revenue in 2022 was $232,625.
Official website here: www.vmaonline.com
Who are the executives of Vma Inc and what are their salaries?
The average compensation at Vma Inc during 2022 was $50,409. There are 3 employees and 12 volunteers at Vma Inc.
Here are 14 key members and their salaries (Vma Inc's CEO's salary is $87,000 and their total compensation is $92,000):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $56,000
- Related: $0
- Other: $3,448
- Compensation: $87,000
- Related: $0
- Other: $5,000
Official website here: www.vmaonline.com
Where can I find the form 990 for Vma Inc?
Vma Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vmaonline.com
Learn more at the official website: www.vmaonline.com
Mission Statement of Vma Inc
Vma Inc, an association dedicated to local manufacturers, has a mission to provide continuous improvement opportunities for its member companies. It achieves this objective through high-quality education, information, and networking in a welcoming environment. The association's purpose is to serve as a platform for manufacturers to connect, share insights, and learn from one another. Vma Inc achieves this by organizing events, such as plant tours, showcases, and annual gatherings. These events not only offer networking opportunities but also serve as platforms for manufacturers to showcase their products and support STEM programs in schools and colleges. One of Vma Inc's most prominent annual events is the golf tournament, whose funds contribute to these educational initiatives. Overall, Vma Inc aims to foster a supportive and knowledge-sharing community among local manufacturers, thereby helping them to grow and thrive.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
VMA Inc significantly impacts the local manufacturing community by providing valuable information, education, and networking opportunities tailored for manufacturers. Through various events and initiatives, VMA fosters collaboration and knowledge sharing among its members, which enhances operational excellence within the sector.
Key activities such as plant tours and product showcases not only highlight local manufacturing capabilities but also encourage engagement among industry stakeholders. The organization also conducts human resource and operational excellence meetings, promoting professional development and best practices among attendees.
Annual events like the Awards Banquet, Golf Tournament, and Robot Brawl serve as crucial platforms for community engagement. The Robot Brawl, in particular, encourages student involvement by pitting student-built robots against each other, with local manufacturers sponsoring schools. This initiative not only nurtures talent and interest in STEM fields but also strengthens the connection between education and industry.
Additionally, the funds raised from events such as the Golf Tournament directly support STEM programs in local schools and colleges, reinforcing VMA's commitment to fostering education and career readiness in the community. Overall, VMA Inc plays a pivotal role in driving community improvement while enhancing the skills and knowledge of the local manufacturing workforce.
This information is meant to be a general summary of Vma 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $17
- Program Service Revenue: $138,360
- Gross Receipts: $288,009
Assets and Liabilities:
- Total Assets: $131,354
- Total Liabilities: $4,227
- Net Assets: $127,127
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$120,983
MEETINGS & SEMINARS
Revenue
$17,377
Organization Details
Founding Year
1980
Phone
(386) 310-2126Principal Officer
Jessica Lovatt
Main Address
3 BLOCKHOUSE CT, ORMOND BEACH, FL, 321743020
Website
www.vmaonline.comNTEE Category
Code: S41 - Community improvement
If you are a representative of Vma Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.