VIRGINIA HIGHLANDS SOCIETY INC

EIN: 546052948 Recreation & Sports

ABINGDON, VA

Total Revenue
$35,100
Total Expenses
$34,298
Total Assets
$2,237
Net Assets
$2,237
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Financial Trends

Organization Details

Formation Year
1954
Legal Domicile
VA
Principal Officer
CAMERON S BELL
Tax Period
2024-01-01 to 2024-12-31

VIRGINIA HIGHLANDS SOCIETY INC, founded in 1954, is a micro nonprofit in the Recreation & Sports sector that reported $23K in total revenue in fiscal year 2018. Revenue decreased 12% compared to the prior year. Expenses of $21K left a modest 8% surplus.

Mission

THE ORGANIZATION WAS FORMED TO ACTIVELY PROMOTE THE COMMUNITY WELL-BEING AND PRE-EMINENCE OF THE TOWN OF ABINGDON, VIRGINIA, WASHINGTON COUNTY, VIRGINIA, AND THE SURROUNDING COUNTIES AS AN EDUCATIONAL, CULTURAL, SOCIAL AND RECREATIONAL CENTER, AND TO PROVIDE AN ORGANIZATION THROUGH WHICH MEMBERS, BY THEIR ASSOCIATION TOGETHER AND JOINT ENTERPRISE, CAN EXEMPLIFY THE HIGHER STANDARDS OF LIFE WITHIN THE COMMUNITY.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $33,400
Program Service Revenue $0
Investment Income $0
Other Revenue $1,700
TOTAL REVENUE $35,100

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $33,894
Other Expenses $34,298
TOTAL EXPENSES $34,298

Year-over-Year Comparison

2024 2023 Change
Revenue $35,100 $28,895 +0.2%
Expenses $34,298 $28,809 +0.2%
Net Income $802 $86 +8.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
N/A

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
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD BUDDINGTON DIRECTOR N/A
Director
$0 $0 $0
ROBERT CARNEAL DIRECTOR N/A
Director
$0 $0 $0
TODD CREASY DIRECTOR N/A
Director
$0 $0 $0
CHARLES R HITCH II DIRECTOR N/A
Director
$0 $0 $0
FRANK GOODPASTURE IV DIRECTOR N/A
Director
$0 $0 $0
RAMESH MURTHY THIRD VP N/A
Director
$0 $0 $0
LAKE WAGNER DIRECTOR N/A
Director
$0 $0 $0
JOE WATERS DIRECTOR N/A
Director
$0 $0 $0
TRENT BALES DIRECTOR N/A
Officer
$0 $0 $0
CAMERON S BELL SEC/TREASURE N/A
Officer
$0 $0 $0
JOSHUA CUMBOW EX-OFFICIO N/A
Officer
$0 $0 $0
CARL GREEAR PRESIDENT N/A
Officer
$0 $0 $0
TAYLOR Y LINDSEY SECOND VP N/A
Officer
$0 $0 $0
HANK RAINERO FIRST VP N/A
Officer
$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 No data No data No data No data
2024 $35,100 $34,298 $2,237 $802
2023 $28,895 $28,809 $1,435 $86
2022 $29,620 $28,638 $1,349 $982
2021 $23,525 $23,679 $367 $-154
2020 $23,185 $24,654 $521 $-1,469
2019 $23,445 $27,255 $1,990 $-3,810
2018 $23,395 $21,498 $5,800 $1,897
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