Virginia Beach Hotel Association

EIN: 540857374

VIRGINIA BEACH, VA

Total Revenue
$275,448
Total Expenses
$267,895
Total Assets
$503,704
Net Assets
$503,704
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
VA
Phone
7574288015
Tax Period
2024-07-01 to 2025-06-30

VIRGINIA BEACH HOTEL ASSOCIATION, founded in 1994, is a small nonprofit that reported $354K in total revenue in fiscal year 2017.

Mission

THE VIRGINIA BEACH HOTEL ASSOCIATION IS A REPRESENTATIVE TRADE ASSOCIATION SERVING THE VIRGINIA BEACH HOTEL INDUSTRY TO ADVANCE AND PROMOTE ETHICAL PRACTICES; (Continued on Schedule O)

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $16,846
Program Service Revenue $238,624
Investment Income $9,800
Other Revenue $10,178
TOTAL REVENUE $275,448

Expense Breakdown

Grants Paid $13,850
Salaries & Benefits $194,011
Fundraising Expenses $0
Program Expenses $0
Other Expenses $60,034
TOTAL EXPENSES $267,895

Year-over-Year Comparison

2024 2023 Change
Revenue $275,448 $289,825 0.0%
Expenses $267,895 $232,374 +0.2%
Net Income $7,553 $57,451 -0.9%
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

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Governance

Voting Members
15
Independent Members
15
Employees
2
Volunteers
30

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
$100,906
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE GEIST VICE PRESIDENT 1.0
Officer Director
$0 $0 $0
ELLEN RUANE SECRETARY 1.0
Officer Director
$0 $0 $0
JOHN ZIRKLE PRESIDENT 2.0
Officer Director
$0 $0 $0
VARSHID VACHHANI TREASURER 2.0
Officer Director
$0 $0 $0
AMY ZABLAN DIRECTOR 1.0
Director
$0 $0 $0
ELIZABETH WELLER DIRECTOR 1.0
Director
$0 $0 $0
HARSHAD K BAROT DIRECTOR 1.0
Director
$0 $0 $0
JAY AGUSTIN DIRECTOR 1.0
Director
$0 $0 $0
JOHN UHRIN DIRECTOR 1.0
Director
$0 $0 $0
JOSEPH DABIERO DIRECTOR 1.0
Director
$0 $0 $0
JUSTIN BEALE DIRECTOR 1.0
Director
$0 $0 $0
KRISTIN MILLESON DIRECTOR 1.0
Director
$0 $0 $0
ROB MURPHY DIRECTOR 1.0
Director
$0 $0 $0
RUSSELL LYONS DIRECTOR 1.0
Director
$0 $0 $0
WARREN ZINN DIRECTOR 1.0
Director
$0 $0 $0
TERI WILEY EXECUTIVE DIRECTOR 40.0
Officer
$96,706 $4,200 $100,906
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
2025 $275,448 $267,895 $503,704 $7,553
2024 No data No data No data No data
2023 $264,134 $311,632 $434,120 $-47,498
2022 $400,248 $446,760 $482,003 $-46,512
2021 $240,560 $242,940 $535,239 $-2,380
2020 $325,680 $317,218 $534,700 $8,462
2019 $326,688 $325,286 $526,748 $1,402
2018 $353,709 $343,810 $523,514 $9,899
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