Nonprofit · EIN 20-5582985
VIRGINIA INDUSTRY FOUNDATION
Tax-exempt · RICHMOND, VA 23227
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $40,479 | $15,751 | $24,728 | $53,037 | $38,571 | $14,466 |
| December 31, 2023 | 990 | $8,516 | $18,768 | -$10,252 | $9,036 | $8,580 | $456 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $40,349
- Program service revenue
- $0
- Investment income
- $130
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $525
- Accounting fees
- $1,645
- Travel
- $403
- Program services (functional)
- $15,751
Balance sheet and other
- Total assets, start of year
- $9,036
- Total assets, end of year
- $53,037
- Total liabilities, end of year
- $38,571
- Net assets, end of year
- $14,466
- Net assets without donor restrictions
- $14,466
- Gross receipts
- $40,479
- Employees
- 0
- Year formed
- 2007
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BRETT VASSEY | PRESIDENT Trustee or director, Officer | 2 | $0 | $280,916 | $23,000 |
| CARYN FOSTER DURHAM | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TANYA COOK | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RUSSELL MAIT | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| BRETT VASSEY | PRESIDENT Trustee or director, Officer | 2 | $0 | $299,549 |
| CARYN FOSTER DURHAM | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| TANYA COOK | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| RUSSELL MAIT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2112 W LABURNUM AVE STE 205, RICHMOND, VA 23227-4362
- In care of
- % FORREST PETERS
- Principal officer (990 for 2024)
- BRETT VASSEY, 2112 WEST LABURNUM AVENUE, SUITE 205, RICHMOND, VA 23227
- Signed the 990
- BRETT VASSEY, PRESIDENT
- Phone
- (804) 643-7489
- Website
- WWW.VAMANUFACTURERS.COM
- Return prepared by
- LITTLEWOOD & ASSOCIATES CPAS PLLC
Mission
TO PROVIDE SCIENTIFIC EDUCATIONAL INFORMATION, COMPOSE, PUBLISH, AND DISSEMINATE INFORMATION AND STANDARDS DESIGNED TO ADVANCE INDUSTRY AND SPECIFIC EDUCATION, RECOGNIZE INDUSTRIAL, SCIENTIFIC, EDUCATIONAL, WORKPLACE AND ENVIRONMENTAL ACHIEVEMENTS, SUPPORT TECHNOLOGY, INTENSIVE INDUSTRY RESEARCH AND DEVELOPMENT AND SERVE AS A CENTRAL SCIENTIFIC, EDUCATIONAL, AND CHARITABLE RESOURCE FOR INDUSTRY AND THE PUBLIC.
Program accomplishments
- RURAL VIRGINIA ADVANCED MANUFACTURING PROJECT TO TRAIN AND RETRAIN MANUFACTURING TECHNICIANS AND WORLD CLASS MANUFACTURING ASSESSORS IN THE TOBACCO DEPENDENT LOCALITIES OF SOUTHSIDE AND SOUTHWEST VIRGINIA.Expenses $15,751
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-5582985
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S194)
- Assets (IRS master file)
- $53,037
- Income (IRS master file)
- $40,479
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $40,479 | $15,751 | $53,037 | XML |
| 990 | December 2023 | $8,516 | $18,768 | $9,036 | XML |
| 990 | December 2022 | $6,281 | $40,548 | $27,264 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5582985).
Questions about VIRGINIA INDUSTRY FOUNDATION
- What is the EIN of VIRGINIA INDUSTRY FOUNDATION?
- The employer identification number (EIN) of VIRGINIA INDUSTRY FOUNDATION is 20-5582985.
- Is VIRGINIA INDUSTRY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to VIRGINIA INDUSTRY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VIRGINIA INDUSTRY FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of VIRGINIA INDUSTRY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VIRGINIA INDUSTRY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of VIRGINIA INDUSTRY FOUNDATION?
- The 990 for the year ended December 31, 2024 names BRETT VASSEY.
- Who are the officers and directors of VIRGINIA INDUSTRY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does VIRGINIA INDUSTRY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $40,479, expenses of $15,751 and total assets of $53,037 at year end.
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All nonprofits in RICHMOND · Virginia · Community improvement and capacity building