Virginia Governmental Employees Association

EIN: 540794625

Midlothian, VA

Total Revenue
$402,890
Total Expenses
$354,662
Total Assets
$55,801
Net Assets
$55,801
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
VA
Principal Officer
Rhonda Bowles
Phone
8043553120
Tax Period
2023-01-01 to 2023-12-31

Virginia Governmental Employees Association, founded in 1959, is a small nonprofit that reported $403K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $355K left a modest 12% surplus.

Mission

The Virginia Governmental Employees Association is a voluntary, non-partisan membership organization whose mission is to voice the concerns of active and retired public employees and to advocate solutions which promote individual dignity, equitable compensation, professionalism, and safe working conditions to the Governor and General Assembly of Virginia.

Program Service Accomplishments

Program 1

The VGEA has approximately 3000 members and has been instrumental in obtaining benefits for state employees such as salary increases and retirement benefits

Program 2

The VGEA publishes a newsletter that is distributed quarterly to its members to keep them informed of legislative news and other information of interest to state employees

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $402,849
Investment Income $41
Other Revenue $0
TOTAL REVENUE $402,890

Expense Breakdown

Grants Paid $1,000
Salaries & Benefits $172,733
Fundraising Expenses $0
Other Expenses $180,929
TOTAL EXPENSES $354,662

Year-over-Year Comparison

2023 2022 Change
Revenue $402,890 $293,726 +0.4%
Expenses $354,662 $347,071 +0.0%
Net Income $48,228 $-53,345 -1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
3
Volunteers
13

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$70,080
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
J Marshall Terry Executive Dir. 40.00
Officer
$70,080 $0 $70,080
Gale Grant Past President 1.00
Director
$0 $0 $0
J Lynwood Butner 2nd Vice Pres. 3.00
Director
$0 $0 $0
James Headley Director 1.00
Director
$0 $0 $0
Tracy Jones Director 1.00
Director
$0 $0 $0
Kara Pfaff Director 1.00
Director
$0 $0 $0
Jarin Cornish Director 1.00
Director
$0 $0 $0
Dee Esser Director 1.00
Director
$0 $0 $0
Dana Ratliffe-Walker Director 1.00
Director
$0 $0 $0
Cynthia Brittain President 3.00
Officer Director
$0 $0 $0
Sandra Davis Vice President 2.00
Officer Director
$0 $0 $0
Rhonda Bowles Treasurer 4.00
Officer Director
$0 $0 $0
Brenda J Neal Secretary 2.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $402,890 $354,662 $55,801 $48,228
2022 $293,726 $347,071 $7,573 $-53,345
2021 $311,185 $338,104 $72,925 $-26,919
2020 $340,696 $302,421 $91,785 $38,275
2019 $368,979 $452,789 $54,737 $-83,810
2018 $390,439 $464,706 $133,512 $-74,267
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