VIRGINIA SOCIETY OF ASSOCIATION EX… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1949

Legal Domicile

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 $669K in total revenue in fiscal year 2025.

Mission

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

Program Service Accomplishments

Program 1

VSAE PRODUCES AN EDUCATIONAL SYMPOSIUM & EXPO EACH YEAR WHICH PROVIDES MEMBERS WITH EDUCATIONAL SEMINARS. THE EXPO ALSO PROVIDES AN OPPORTUNITY FOR MEMBERS TO INTERACT WITH VENDORS THAT PROVIDE...

VSAE PRODUCES AN EDUCATIONAL SYMPOSIUM & EXPO EACH YEAR WHICH PROVIDES MEMBERS WITH EDUCATIONAL SEMINARS. THE EXPO ALSO PROVIDES AN OPPORTUNITY FOR MEMBERS TO INTERACT WITH VENDORS THAT PROVIDE SERVICES TO THE ASSOCIATION INDUSTRY.

Program 2

THE ASSOCIATION PROVIDES MONTHLY NEWSLETTERS AND ANNUAL DIRECTORY WITH INDUSTRY INFORMATION.

Program 3

SEMINARS AND MEETINGS PROVIDE SPEAKERS THAT ENABLE ASSOCIATION EXECUTIVES TO DEVELOP AND ENHANCE MANAGEMENT ASSOCIATION SKILLS AS WELL AS AN OPPORTUNITY TO LEARN MORE ABOUT NEW TRENDS IN THE INDUSTRY...

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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%)

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

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

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

VIRGINIA SOCIETY OF ASSOCIATION EXECUTIVES