2024-11-15T14:24:16-06:00 2023-12-31 BDO USA 300 E Main St Ste 1300 Norfolk VA 23510 990 2023-01-01 541275635 Virginia Ship Repair Association % THE ASSOCIATION VIRG 7572337034 101 W Main Street Suite 5500 Norfolk VA 23510 WILLIAM CROW PRESIDENT/CEO 7572337035 2024-11-15 true true Marc Berger P01871563 7576407190 2024-11-15 2023 2024-10-15 13:58:12Z WILLIAM CROW 101 W Main Street Suite 5500 Norfolk VA 23510 1429483 false X www.virginiashiprepair.org X 1981 VA NONPROFIT TRADE ASSOCIATION COORDINATING MEMBER RESOURCES ON ISSUES, CHALLENGES, AND OPPORTUNITIES FACING SHIP REPAIR INDUSTRY IN VIRGINIA AND ACROSS THE NATION. 17 17 9 17 0 0 61300 176480 1156978 1221575 6730 31428 0 0 1225008 1429483 0 0 0 0 649037 739033 0 0 0 559779 588105 1208816 1327138 16192 102345 2069863 2036971 1055409 920172 1014454 1116799 X TO MAINTAIN FOCUS ON AND COORDINATE RESOURCE TO ADDRESS AND RESOLVE THE ISSUES, CHALLENGES, AND OPPORTUNITIES FACING THE SHIP REPAIR INDUSTRY IN VIRGINIA ACROSS THE NATION. false false A STRATEGIC MISSION OF THE VIRGINIA SHIP REPAIR ASSOCIATION (VSRA) IS TO MAINTAIN CONTINUOUS EFFORTS TO ENSURE AWARENESS OF THE IMPACT OF THE SHIP REPAIR INDUSTRY IN VIRGINIA AMONG LOCAL, STATE, AND FEDERAL ENTITIES, AS WELL AS THE COMMUNITY AT LARGE. AMONG THE STRATEGIC GOALS OF THE VSRA IS TO MAKE THE PUBLIC, AS WELL AS LAWMAKERS, AWARE OF THE SIGNIFICANCE AND NATIONAL RAMIFICATIONS OF SHIP REPAIR, NOT JUST AS A VITAL ECONOMIC FOUNDATION FOR THE HAMPTON ROADS AREA, BUT ALSO AS A CRITICAL NATIONAL SECURITY ASSET. ADDITIONAL STRATEGIC GOALS OF THE VSRA ARE TO CONTINUOUSLY ENSURE PUBLIC AWARENESS OF THE INDUSTRY WORKFORCE NEEDS, DIVERSE CAREER PATHS, AS WELL AS MULTITUDINOUS TRAINING AND CREDENTIALING OPPORTUNITIES AVAILABLE IN THE SHIP REPAIR INDUSTRY. PUBLIC AWARENESS false false false true false false false false false true false false true true true false false false false false false false false false false false false false true false false false false false false false false false false false true false false true 7 0 true 9 true false false false false false false false false X 17 17 false false false false true true false true false false false true false true true true true false X THE ASSOCIATION 7572337034 101 W MAIN STREET SUITE 5500 NORFOLK VA 23510 WILLIAM CROW PRESIDENT/CEO 30.0 10.0 X 206856 0 25857 KEVIN TERRY CHAIRMAN 0.25 0.0 X X 0 0 0 W PERRY BINGHAM VICE-CHAIRMAN 0.25 0.0 X X 0 0 0 RAY WITTERSHEIM SECRETARY/TREASURER 0.25 0.0 X X 0 0 0 PAUL CLIFFORD DIRECTOR 0.25 0.0 X 0 0 0 RENE DOIRON DIRECTOR 0.25 0.0 X 0 0 0 DON EVERTON DIRECTOR 0.25 0.0 X 0 0 0 MICHAEL FORD DIRECTOR 0.25 0.0 X 0 0 0 THOMAS GODFREY JR DIRECTOR 0.25 0.0 X 0 0 0 TRACY GREGORIO DIRECTOR 0.25 0.0 X 0 0 0 BRIAN HOLLAND DIRECTOR 0.25 0.0 X 0 0 0 GENE HUNT DIRECTOR 0.25 0.0 X 0 0 0 MIKE JOHNSON DIRECTOR 0.25 0.0 X 0 0 0 MARK JONES DIRECTOR 0.25 0.0 X 0 0 0 CHRISTOPHER McCALLUM DIRECTOR 0.25 0.0 X 0 0 0 BRAD MOYER DIRECTOR 0.25 0.0 X 0 0 0 BRAD VAUGHN DIRECTOR 0.25 0.0 X 0 0 0 JORDAN WEBB DIRECTOR 0.25 0.0 X 0 0 0 206856 0 25857 1 false true false 0 176480 176480 MEMBERSHIP DUES 900099 808279 808279 SEMINARS 900099 413296 413296 1221575 31428 31428 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1429483 1221575 31428 0 0 0 0 232713 0 354323 69149 47205 35643 0 0 13560 0 0 0 0 37089 10075 43740 0 159686 45549 0 32432 0 0 33595 8098 GENERAL MEETING EXPENSE 82117 COURSE INSTRUCTION 77827 MEALS & ENTERTAINMENT 30571 CREDIT CARD FEES 27165 -13399 1327138 703375 811101 377577 384385 0 20476 14611 7920 0 0 0 0 0 0 0 0 0 0 340357 241146 131648 99211 0 0 0 0 0 0 0 0 842652 713878 2069863 2036971 81394 58841 0 0 145000 153825 0 0 0 0 0 0 0 0 0 0 829015 707506 1055409 920172 X 1014454 1116799 0 0 1014454 1116799 2069863 2036971 102345 X true X false true false false true false 7845 5233 2612 111929 79241 32688 220583 156672 63911 99211 RIGHT OF USE ASSET 690131 SECURITY DEPOSITS 23747 713878 0 LEASE LIABILITY 707506 707506 X SCHEDULE D, PART X, LINE 2 VSRA IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME, IF ANY, RESULTING FROM UNRELATED BUSINESS ACTIVITIES. HOWEVER, THE ORGANIZATION IS REQUIRED TO FILE INCOME TAX RETURNS. TAX YEARS BEFORE 2020 ARE NO LONGER SUBJECT TO FEDERAL OR STATE INCOME EXAMINATIONS. MANAGEMENT CONTINUALLY EVALUATES TAX POSITIONS REFLECTED IN THE ORGANIZATION'S TAX FILING AND DOES NOT BELIEVE ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST. X false false false WILLIAM CROW PRESIDENT/CEO 206856 0 0 0 0 0 25857 0 0 0 232713 0 0 0 FORM 990, PART VI, LINE 6 THE ASSOCIATION HAS MEMBERS. FORM 990, PART VI, LINE 7A THE SEVENTEEN MEMBERS OF THE GOVERNING BODY (VSRA BOARD OF DIRECTORS) EACH SERVE TWO YEAR TERMS. EACH YEAR IN THE LATE SUMMER, EARLY FALL, A NOMINATING COMMITTEE WILL MEET AND COMPILE A SLATE OF BOARD NOMINEES FOR THE UPCOMING YEAR. THIS SLATE OF DIRECTORS IS THEN PRESENTED AT A FOLLOW-ON BOARD MEETING FOR APPROVAL TO PROVIDE TO THE MEMBERSHIP AS THE RECOMMENDED BOARD OF DIRECTORS FOR THE UPCOMING YEAR. THIS SLATE IS THEN PRESENTED AT A FALL FOLLOW-ON GENERAL MEMBERSHIP MEETING FOR APPROVAL BY THE MEMBERS AS SPECIFIED BY THE ASSOCIATION BY-LAWS. FORM 990, PART VI, LINE 8B NO COMMITTEE HAS AUTHORITY TO ACT ON BEHALF OF THE GOVERNANCE BODY. FORM 990, PART VI, LINE 11B THE ASSOCIATION DISTRIBUTES A COPY OF THE 990 TO ALL BOARD OF DIRECTORS ELECTRONICALLY PRIOR TO FILING. FORM 990, PART VI, LINE 15A THE EXECUTIVE COMMITTEE, MADE UP OF THE MAJOR SHIP REPAIRER BOARD MEMBERS, REVIEWS THE PERFORMANCE OF THE PRESIDENT/CEO EACH YEAR. BASED ON PERFORMANCE AND CONTEMPORANEOUS DATA, THE COMMITTEE RECOMMENDS TO THE CHAIRMAN THE AMOUNT OF ANNUAL COMPENSATION. THE BOARD OF DIRECTORS APPROVES PRESIDENT/CEO COMPENSATION AT THE END OF EACH YEAR. FORM 990, PART VI, LINE 15B THERE ARE NO OTHER OFFICERS OR KEY EMPLOYEES OF THE ASSOCIATION. HOWEVER AS PART OF THE BUDGET PROCESS, THE FINANCE COMMITTEE REVIEWS THE PRESIDENT'S RECOMMENDATION FOR TOTAL AMOUNT OF SALARY AND WAGES OF ASSOCIATION EMPLOYEES, WHICH ARE THE BASIS FOR THE APPROPRIATE EXPENSES LINES IN THE BUDGET THAT IS RECOMMENDED TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS APPROVES THE ASSOCIATION OPERATING BUDGET AT THE END OF EACH YEAR. FORM 990, PART VI, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. VIRGINA SHIP REPAIR FOUNDATION 101 W MAIN STREET SUITE 5500 NORFOLK VA 23510 541186058 WORKFORCE DEV VA 501(c)(3) 10 NA false false false false false false false false false false false false true false true true false false false false VIRGINIA SHIP REPAIR FOUNDATION L 84696 CASH