WEST VIRGINIA COAL ASSOCIATION

EIN: 550307050

CHARLESTON, WV

Total Revenue
$1,298,358
Total Expenses
$1,393,986
Total Assets
$439,202
Net Assets
$282,183
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
WV
Principal Officer
CHRIS HAMILTON
Phone
3043424153
Tax Period
2024-01-01 to 2024-12-31

WEST VIRGINIA COAL ASSOCIATION, founded in 2000, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

TO HAVE A UNIFIED VOICE REPRESENTING THE COAL INDUSTRY IN WEST VIRGINIA AND THE NATION AND TO INCREASE EMPHASIS ON COAL AS A RELIABLE ENERGY SOURCE IN ORDER TO HELP THE NATION ACHIEVE ENERGY INDEPENDENCE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,298,358
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,298,358

Expense Breakdown

Grants Paid $19,850
Salaries & Benefits $628,686
Fundraising Expenses $0
Program Expenses $1,284,156
Other Expenses $745,450
TOTAL EXPENSES $1,393,986

Year-over-Year Comparison

2024 2023 Change
Revenue $1,298,358 $1,401,660 -0.1%
Expenses $1,393,986 $1,336,600 +0.0%
Net Income $-95,628 $65,060 -2.5%
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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Governance

Voting Members
12
Independent Members
12
Employees
3
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
4
$483,040
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDAL ATKINS BOARD MEMBER 0.50
Director
$0 $0 $0
RUSSELL BOLYARD TREASURER 0.50
Officer Director
$0 $0 $0
RANDY CHEETHAM BOARD MEMBER 0.50
Director
$0 $0 $0
MICHAEL DAY BOARD MEMBER 0.50
Director
$0 $0 $0
JAY JUSTICE BOARD MEMBER 0.50
Director
$0 $0 $0
JESS PARRISH BOARD MEMBER 0.50
Director
$0 $0 $0
JOHN SCHRODER BOARD MEMBER 0.50
Director
$0 $0 $0
GREG WOOTEN SECRETARY 0.50
Officer Director
$0 $0 $0
EVAN MIDLER BOARD MEMBER 0.50
Director
$0 $0 $0
DENNIS WATSON BOARD MEMBER 0.50
Director
$0 $0 $0
CHUCK CHILDERS BOARD MEMBER 0.50
Director
$0 $0 $0
MITCH POTTER BOARD MEMBER 0.50
Director
$0 $0 $0
CHRIS R HAMILTON PRESIDENT 50.00
Officer
$224,276 $37,125 $261,401
JASON BOSTIC VICE-PRESIDENT 50.00
Officer
$203,963 $17,676 $221,639
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 $1,298,358 $1,393,986 $439,202 $-95,628
2023 $1,401,660 $1,336,600 $650,578 $65,060
2022 $1,298,517 $1,331,829 $326,667 $-33,312
2021 $1,220,464 $1,305,015 $368,709 $-84,551
2020 $1,474,127 $1,587,843 $469,007 $-113,716
2019 $1,822,509 $1,970,571 $635,871 $-148,062
2018 $1,891,821 $1,791,383 $767,617 $100,438
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