2024-05-13T09:34:23-05:00 2023-06-30 540504608 BROWN EDWARDS & COMPANY LLP 810 SOUTHPARK BLVD 2ND FLOOR COLONIAL HEIGHTS VA 23834 990 2022-07-01 540420455 VIRGINIA PRESS ASSOCIATION INC VIRG 8045217570 4860 COX ROAD SUITE 150 GLEN ALLEN VA 23060 BETSY W EDWARDS EXECUTIVE DIRECTOR 8045217570 2024-05-13 1 BETSY EDWARDS XXX-XX-XXXX 0 M JAMES HARTSON JR CPA P00590214 8047335566 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BETSY W EDWARDS 4860 COX ROAD SUITE 150 GLEN ALLEN VA 23060 990751 0 X WWW.VPA.NET X 1881 VA TO SUPPORT OUR MEMBERSHIP THROUGH RESPONSIVE SERVICES AND RESOURCES. WE CHAMPION THE COMMON INTERESTS OF VIRGINIA NEWSPAPERS AND THE IDEALS OF A FREE PRESS IN A DEMOCRATIC SOCIETY. 12 12 0 60 0 0 0 0 158942 184456 85018 92518 594185 207329 838145 484303 3070 40700 0 0 197761 227089 0 0 0 251085 287484 451916 555273 386229 -70970 6291489 6553301 3120639 3368235 3170850 3185066 TO SUPPORT OUR MEMBERSHIP THROUGH RESPONSIVE SERVICES AND RESOURCES. WE CHAMPION THE COMMON INTERESTS OF VIRGINIA NEWSPAPERS AND THE IDEALS OF A FREE PRESS IN A DEMOCRATIC SOCIETY. 0 0 CONFERENCES: TO PROMOTE AND DEVELOP INTERACTION BETWEEN NEWSPAPERS IN VIRGINIA THROUGH PROFESSIONAL DEVELOPMENT AND AWARDS RECOGNITION. LEGISLATION: TO REPRESENT NEWSPAPER INTEREST IN THE GENERAL ASSEMBLY THROUGH LOBBYING EFFORTS. WORKSHOPS: TO OFFER RELEVANT EDUCATION AND TRAINING OPPORTUNITIES. 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 5 0 1 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 0 0 X BETSY W EDWARDS 8045217570 4860 COX ROAD SUITE 150 GLEN ALLEN VA 23060 BETSY EDWARDS EXECUTIVE DIRECTOR 25.00 25.00 X X 64596 58765 0 JIM MAXWELL PRESIDENT 0.00 X X 0 0 0 DENNIS BRACK VICE PRESIDENT 0.00 X X 0 0 0 CHAD HARRISON IMMEDIATE PAST PRESIDENT 0.00 X X 0 0 0 JEAN BOONE DIRECTOR 0.00 X 0 0 0 ANN ADAMS DIRECTOR 0.00 X 0 0 0 CHRIS COATES DIRECTOR 0.00 X 0 0 0 LISA WATSON MCCARTY DIRECTOR 0.00 X 0 0 0 NORMAN STYER SECRETARY 0.00 X X 0 0 0 WENDI CRAIG DIRECTOR 0.00 X 0 0 0 SHARI KEYES DIRECTOR 0.00 X 0 0 0 ALAN LEVENSTEIN DIRECTOR 0.00 X 0 0 0 KALEA CLARK TREASURER 0.00 X X 0 0 0 64596 58765 0 0 0 0 0 0 MEMBERSHIP DUES 900099 106972 106972 MEETINGS & CONFERENCES 611710 32170 32170 CONTEST INCOME 900099 24033 24033 WEBSITE REVENUE 611710 20516 20516 PUBLICATIONS INCOME 611710 765 765 184456 75785 75785 523181 506448 16733 16733 16733 INCOME FROM SUBSIDIARY 900099 201329 201329 OTHER INCOME 900099 6000 6000 207329 484303 391785 0 92518 X 40700 73612 118067 7126 12613 15671 419 39461 18457 82960 141 8086 10003 2192 3409 47540 1822 2351 SERVICES TO MEMEBERS 44112 CONTEST EXPENSE 10405 PUBLICATIONS 7863 COMMITTEE EXPENSE 7090 1173 555273 79895 69666 33312 32843 3249 6847 15026 8542 8305 6484 2350885 2420289 3815843 4017172 6291489 6553301 17811 13409 3102828 3354826 3120639 3368235 X 3170850 3185066 3170850 3185066 6291489 6553301 -70970 85186 0 X X 0 1 X 1 0 0 0 0 106972 11661 11661 10879 782 595592 32866 628458 649050 -3958 49500 595592 926134 27785 304869 649050 15026 8542 6484 6484 INVESTMENT IN SUBSIDIARY 4017172 C 4017172 DUE TO AFFILIATE 3354826 3354826 X PART X, LINE 2: THE ASSOCIATION FOLLOWS GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REGARDING "ACCOUNTING FOR UNCERTAIN TAX POSITIONS". THIS STANDARD PROVIDES DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN THE ASSOCIATION'S CONSOLIDATED FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE ASSOCIATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2023 AND 2022. THE TAX YEARS OF 2020 TO 2022 REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. THE ASSOCIATION INCLUDES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES IN OPERATING EXPENSES. THE ORGANIZATION DID NOT HAVE PENALTIES AND INTEREST EXPENSES FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. 1 VIRGINIA PRESS FOUNDATION 4860 COX ROAD SUITE 150 GLEN ALLEN VA 23060 463930801 501(C)(3) 40700 0 CHARITABLE 1 FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION HAS THE FOLLOWING TYPES OF MEMBERS: ACTIVE, ASSOCIATE, AFFILIATE, SUSTAINING, COLLEGE, AND EDUCATIONAL. FORM 990, PART VI, SECTION A, LINE 7A EACH ACTIVE MEMBER SHALL HAVE ONE VOTE IN THE AFFAIRS OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7B POLICY DECISIONS ARE SUBJECT TO APPROVAL BY THE ASSOCIATION'S MEMBERS. EACH ACTIVE MEMBER HAS ONE VOTE.. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY STATEMENT IS SENT ANNUALLY TO OFFICERS, DIRECTORS, TRUSTEES, AND EMPLOYEES ASKING THEM TO DISCLOSE BUSINESS RELATIONSHIPS WITH INTERESTED PARTIES. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS SETS AND APPROVES THE COMPENSATION FOR THE EXECUTIVE DIRECTOR ANNUALLY. APPROPRIATE COMPENSATION IS DETERMINED BY USING COMPARISONS WITH SIMILAR ORGANIZATIONS AND PUBLISHED COMPENSATION DATA. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE ON THE ASSOCIATION'S WEBSITE (WWW.VPA.NET). THE ASSOCIATION COMPLIES WITH ALL LAWS WITH RESPECT TO PUBLIC INSPECTION OF FORMS 1023 AND 990, AS WELL AS WITH ANY OTHER APPLICABLE STATE OF FEDERAL DOCUMENT DISCLOSURE LAWS. FORM 990, PART IX, LINE 11G BANK FEES 4,126. LEGISLATIVE 78,834. FORM 990, PART XII, LINE 2C: THE PROCESSS HAS NOT CHANGED FROM THE PRIOR YEAR. VIRGINIA PRESS SERVICES INC 4860 COX ROAD SUITE 150 GLEN ALLEN VA 23060 540575571 ADVERTISING VA N/A C 1092487 4790669 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 VIRGINIA PRESS SERVICES INC O 227088 SALARY ALLOCATIONS