Nonprofit · EIN 54-0420455
VIRGINIA PRESS ASSOCIATION INC
Tax-exempt · GLEN ALLEN, VA 23060
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $147,625 | $535,716 | -$388,091 | $6,157,242 | $3,444,689 | $2,712,553 |
| June 30, 2024 | 990 | $194,226 | $578,164 | -$383,938 | $6,370,534 | $3,437,468 | $2,933,066 |
| June 30, 2023 | 990 | $484,303 | $555,273 | -$70,970 | $6,553,301 | $3,368,235 | $3,185,066 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $189,297
- Investment income
- $117,941
- Net gain from sales of assets
- $51,066
- Other revenue
- -$159,613
Expenses
- Grants and similar amounts paid
- $5,104
- Compensation of officers, directors and key employees
- $77,315
- Other salaries and wages
- $130,449
- Salaries, compensation and benefits (total)
- $247,194
- Professional fundraising fees
- $0
- Accounting fees
- $49,140
- Travel
- $6,325
- Depreciation
- $1,822
Balance sheet and other
- Total assets, start of year
- $6,370,534
- Total assets, end of year
- $6,157,242
- Total liabilities, end of year
- $3,444,689
- Net assets, end of year
- $2,712,553
- Land, buildings and equipment
- $2,841
- Publicly traded securities
- $2,299,580
- Net assets without donor restrictions
- $2,712,553
- Gross receipts
- $1,167,953
- Employees
- 0
- Volunteers
- 50
- Year formed
- 1881
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BETSY EDWARDS | EXECUTIVE DIRECTOR Trustee or director, Officer | 25 | $70,991 | $106,486 | $18,167 |
| NORMAN STYER | PRESIDENT Trustee or director, Officer | 0 | $0 | $0 | $0 |
| ALAN LEVENSTEIN | VICE PRESIDENT Trustee or director, Officer | 0 | $0 | $0 | $0 |
| WENDI CRAIG | SECRETARY Trustee or director, Officer | 0 | $0 | $0 | $0 |
| TOM LAPPAS | TREASURER Trustee or director, Officer | 0 | $0 | $0 | $0 |
| DENNIS BRACK | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 0 | $0 | $0 | $0 |
| ANNE ADAMS | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| BILL ATKINSON | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| CARRIE SIDENER | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| DENISE DUNBAR | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| ENCARNITA PYLE | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| LISA WATSON MCCARTY | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| SHARIA KEYES | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BETSY EDWARDS | EXECUTIVE DIRECTOR Trustee or director, Officer | 25 | $65,763 | $98,645 | $18,006 |
| JIM MAXWELL | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 0 | $0 | $0 | $0 |
| DENNIS BRACK | PRESIDENT Trustee or director, Officer | 0 | $0 | $0 | $0 |
| TOM LAPPAS | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| CHRIS COATES | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| ANN ADAMS | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| DENISE DUNBAR | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| LISA WATSON MCCARTY | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| NORMAN STYER | VICE PRESIDENT Trustee or director, Officer | 0 | $0 | $0 | $0 |
| WENDI CRAIG | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| SHARI KEYES | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| ALAN LEVENSTEIN | TREASURER Trustee or director, Officer | 0 | $0 | $0 | $0 |
| KALEA CLARK | SECRETARY Trustee or director, Officer | 0 | $0 | $0 | $0 |
| JOY MONOPOLI | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| BETSY EDWARDS | EXECUTIVE DIRECTOR Trustee or director, Officer | 25 | $64,596 | $58,765 |
| JIM MAXWELL | PRESIDENT Trustee or director, Officer | 0 | $0 | $0 |
| DENNIS BRACK | VICE PRESIDENT Trustee or director, Officer | 0 | $0 | $0 |
| CHAD HARRISON | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 0 | $0 | $0 |
| JEAN BOONE | DIRECTOR Trustee or director | 0 | $0 | $0 |
| ANN ADAMS | DIRECTOR Trustee or director | 0 | $0 | $0 |
| CHRIS COATES | DIRECTOR Trustee or director | 0 | $0 | $0 |
| LISA WATSON MCCARTY | DIRECTOR Trustee or director | 0 | $0 | $0 |
| NORMAN STYER | SECRETARY Trustee or director, Officer | 0 | $0 | $0 |
| WENDI CRAIG | DIRECTOR Trustee or director | 0 | $0 | $0 |
| SHARI KEYES | DIRECTOR Trustee or director | 0 | $0 | $0 |
| ALAN LEVENSTEIN | DIRECTOR Trustee or director | 0 | $0 | $0 |
| KALEA CLARK | TREASURER Trustee or director, Officer | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4860 COX ROAD SUITE 150, GLEN ALLEN, VA 23060-9275
- Principal officer (990 for 2024)
- BETSY W EDWARDS, 4860 COX ROAD SUITE 150, GLEN ALLEN, VA 23060
- Signed the 990
- BETSY W EDWARDS, EXECUTIVE DIRECTOR
- Phone
- (804) 521-7570
- Website
- WWW.VPA.NET
- Return prepared by
- BROWN EDWARDS & COMPANY LLP
Mission
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.
Program accomplishments
- 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.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-0420455
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1955
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,157,242
- Income (IRS master file)
- $1,167,953
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $147,625 | $535,716 | $6,157,242 | IRS |
| 990 | June 2024 | $194,226 | $578,164 | $6,370,534 | IRS |
| 990 | June 2023 | $484,303 | $555,273 | $6,553,301 | XML |
| 990 | June 2022 | $838,145 | $451,916 | $6,291,489 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 54-0420455).
Questions about VIRGINIA PRESS ASSOCIATION INC
- What is the EIN of VIRGINIA PRESS ASSOCIATION INC?
- The employer identification number (EIN) of VIRGINIA PRESS ASSOCIATION INC is 54-0420455.
- Is VIRGINIA PRESS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1955.
- Are donations to VIRGINIA PRESS ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does VIRGINIA PRESS ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VIRGINIA PRESS ASSOCIATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VIRGINIA PRESS ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of VIRGINIA PRESS ASSOCIATION INC?
- The 990 for the year ended June 30, 2025 names BETSY W EDWARDS.
- Who are the officers and directors of VIRGINIA PRESS ASSOCIATION INC?
- The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $70,991 (BETSY EDWARDS, EXECUTIVE DIRECTOR).
- How much revenue does VIRGINIA PRESS ASSOCIATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $147,625, expenses of $535,716 and total assets of $6,157,242 at year end.
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