VIRGINIA SOCIETY OF ASSOCIATION EXECUTIVES

EIN: 541150511

RICHMOND, VA

Total Revenue
$669,142
Total Expenses
$660,971
Total Assets
$811,695
Net Assets
$565,694
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
VA
Principal Officer
ABBY TAMMEN
Phone
8047474971
Tax Period
2025-01-01 to 2025-12-31

VIRGINIA SOCIETY OF ASSOCIATION EXECUTIVES, founded in 1949, is a small nonprofit that reported $558K in total revenue in fiscal year 2018.

Mission

VSAE PROMOTES THE EDUCATION, RECOGNITION AND INTERACTION AMONG ASSOCIATION EXECUTIVES IN VIRGINIA TO ENSURE THEIR EFFECTIVENESS AND PROFESSIONALISM.

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Trantor Score

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $217,550
Program Service Revenue $436,971
Investment Income $39,702
Other Revenue $-25,081
TOTAL REVENUE $669,142

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $660,971
TOTAL EXPENSES $660,971

Year-over-Year Comparison

2025 2024 Change
Revenue $669,142 $691,522 0.0%
Expenses $660,971 $646,463 +0.0%
Net Income $8,171 $45,059 -0.8%
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
N/A
Volunteers
60

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
6
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANNON MCCABE PAST PRESIDE 0.75
Officer Director
$0 $0 $0
CARTER LYONS TREASURER 0.75
Officer Director
$0 $0 $0
ABBY TAMMEN PRESIDENT 0.75
Officer Director
$0 $0 $0
TERRY MONROE EXECUTIVE DI 40.00
Officer
$0 $0 $0
BRUCE WHITEHURST PRESIDENT EL 0.75
Officer Director
$0 $0 $0
JAMIE RAWLS ASSOCIATE ME 0.50
Director
$0 $0 $0
CRAIG TOALSON SECRETARY 0.75
Director
$0 $0 $0
RANDY GRUMBINE DIRECTOR 0.50
Director
$0 $0 $0
JENNIFER THOMAS DIRECTOR 0.50
Director
$0 $0 $0
MEGAN WILLIAMS DIRECTOR 0.50
Director
$0 $0 $0
KELLY ANN GULL DIRECTOR 0.50
Director
$0 $0 $0
TOM HARDIMAN DIRECTOR 0.50
Director
$0 $0 $0
GORDON DIXON DIRECTOR 0.50
Director
$0 $0 $0
WHITNEY PERKINS DIRECTOR 0.50
Director
$0 $0 $0
BAILEY KASTEN DIRECTOR 0.50
Director
$0 $0 $0
DAVID WALSH EXECUTIVE DI 40.00
Officer
$0 $0 $0
MICHELLE RUNGE DIRECTOR 0.50
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
2025 $669,142 $660,971 $811,695 $8,171
2024 $691,522 $646,463 $749,572 $45,059
2023 $654,354 $631,172 $719,623 $23,182
2022 $603,413 $620,362 $586,129 $-16,949
2021 $543,611 $552,852 $713,765 $-9,241
2020 $542,804 $543,672 $651,016 $-868
2019 $617,913 $593,652 $796,642 $24,261
2018 $558,248 $577,819 $660,599 $-19,571
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