Nonprofit · EIN 54-0494733
VIRGINIA PETROLEUM AND CONVENIENCE MARKETERS ASSOCIATION INC
Tax-exempt · RICHMOND, VA 23226
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $547,340 | $625,888 | -$78,548 | $1,119,685 | $353,386 | $766,299 |
| December 31, 2023 | 990 | $501,213 | $590,974 | -$89,761 | $1,069,868 | $282,765 | $787,103 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $364,768
- Investment income
- $40,217
- Net gain from sales of assets
- $12,936
- Other revenue
- $142,355
Expenses
- Grants and similar amounts paid
- $3,000
- Compensation of officers, directors and key employees
- $259,369
- Other salaries and wages
- $63,507
- Salaries, compensation and benefits (total)
- $352,762
- Professional fundraising fees
- $0
- Legal fees
- $4,800
- Accounting fees
- $9,375
- Occupancy
- $35,277
- Travel
- $23,664
- Depreciation
- $370
Balance sheet and other
- Total assets, start of year
- $1,069,868
- Total assets, end of year
- $1,119,685
- Total liabilities, end of year
- $353,386
- Net assets, end of year
- $766,299
- Land, buildings and equipment
- $64
- Publicly traded securities
- $1,012,563
- Net assets without donor restrictions
- $766,299
- Gross unrelated business income
- $136,325
- Gross receipts
- $650,222
- Employees
- 2
- Volunteers
- 18
- Year formed
- 1948
- 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 | Other / benefits |
|---|---|---|---|---|
| MICHAEL O'CONNOR | PRESIDENT Officer | 40 | $241,962 | $17,407 |
| RICK KOONTZ | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| GORDON SUTTON | FIRST VICE C Trustee or director, Officer | 1 | $0 | $0 |
| ELIZABETH MCCORMICK | SECOND VICE Trustee or director, Officer | 1 | $0 | $0 |
| BEN MCCLENAHAN | SECRETARY/TR Trustee or director, Officer | 1 | $0 | $0 |
| MARK ANDERSON | IMMED. PAST Trustee or director, Officer | 1 | $0 | $0 |
| BOB BRADY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RON PREWITT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LYNN KEFFER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LEWIS WALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN FANNON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT CLAYTOR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RYAN GRAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TRACY LITTLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES PARKER JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KUNAL KUMAR | DIRECTOR Trustee or director | 1 | $0 |
| W COREY RUSSELL | DIRECTOR Trustee or director | 1 | $0 |
| ANNA WOODFIN | DIRECTOR Trustee or director | 1 | $0 |
| TIM MURPHY | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL O'CONNOR | PRESIDENT Officer | 40 | $226,981 | $24,106 |
| MARK ANDERSON | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| RICK KOONTZ | FIRST VICE C Trustee or director, Officer | 1 | $0 | $0 |
| GORDON SUTTON | SECOND VICE Trustee or director, Officer | 1 | $0 | $0 |
| ELIZABETH MCCORMICK | SECRETARY/TR Trustee or director, Officer | 1 | $0 | $0 |
| COREY RUSSELL | IMMED. PAST Trustee or director, Officer | 1 | $0 | $0 |
| MONTY BERHANE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BEN MCCLENAHAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RON PREWITT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BOB CLAYTOR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RYAN GRAY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLIE PARKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LEWIS WALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN FANNON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIM MURPHY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TRACY LITTLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 7275 GLEN FOREST DR STE 204, RICHMOND, VA 23226-3772
- Principal officer (990 for 2024)
- MICHAEL O'CONNOR, 7275 GLEN FOREST DR STE 204, RICHMOND, VA 23226
- Signed the 990
- MICHAEL O'CONNOR, PRESIDENT
- Phone
- (804) 282-7534
- Website
- VPCGA.COM
- Return prepared by
- WELLSCOLEMAN
Mission
THE ASSOCIATION WAS ORGANIZED TO KEEP MEMBERS INFORMED OF CURRENT EVENTS AND REGULATIONS AFFECTING THE PETROLEUM AND CONVENIENCE STORE INDUSTRIES.
Program accomplishments
- DISTRIBUTION OF INFORMATION AND TRAINING REGARDING CURRENT EVENTS AND REGULATIONS WITHIN THE PETROLEUM AND CONVENIENCE STORE INDUSTRIES.
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 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
- 54-0494733
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1982
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,119,685
- Income (IRS master file)
- $650,222
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $547,340 | $625,888 | $1,119,685 | XML |
| 990 | December 2023 | $501,213 | $590,974 | $1,069,868 | XML |
| 990 | December 2022 | $516,545 | $481,715 | $1,118,594 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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 54-0494733).
Questions about VIRGINIA PETROLEUM AND CONVENIENCE MARKETERS ASSOCIATION INC
- What is the EIN of VIRGINIA PETROLEUM AND CONVENIENCE MARKETERS ASSOCIATION INC?
- The employer identification number (EIN) of VIRGINIA PETROLEUM AND CONVENIENCE MARKETERS ASSOCIATION INC is 54-0494733.
- Is VIRGINIA PETROLEUM AND CONVENIENCE MARKETERS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1982.
- Are donations to VIRGINIA PETROLEUM AND CONVENIENCE MARKETERS ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does VIRGINIA PETROLEUM AND CONVENIENCE MARKETERS 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 PETROLEUM AND CONVENIENCE MARKETERS ASSOCIATION INC 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 PETROLEUM AND CONVENIENCE MARKETERS ASSOCIATION INC 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 PETROLEUM AND CONVENIENCE MARKETERS ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names MICHAEL O'CONNOR.
- Who are the officers and directors of VIRGINIA PETROLEUM AND CONVENIENCE MARKETERS ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 19 people; 1 received compensation from the organization, the highest $241,962 (MICHAEL O'CONNOR, PRESIDENT).
- How much revenue does VIRGINIA PETROLEUM AND CONVENIENCE MARKETERS ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $547,340, expenses of $625,888 and total assets of $1,119,685 at year end.
Other nonprofits in RICHMOND
- MCV ASSOCIATED PHYSICIANS EIN 54-1581185 · last filed 990 for 2023
- UNIVERSITY OF RICHMOND EIN 54-0505965 · last filed 990 for 2025
- CHILDFUND INTERNATIONAL USA EIN 54-0536100 · last filed 990 for 2025
- WESTMINSTER-CANTERBURY CORPORATION EIN 23-7162493 · last filed 990 for 2025
- THE COMMUNITY FOUNDATION INC EIN 23-7009135 · last filed 990 for 2024
- FEED MORE INC EIN 54-1150923 · last filed 990 for 2025
- TEAMSTERS JOINT COUNCIL-83 OF VIRGINIA HEALTH & WELFARE INSURANC EIN 54-0556299 · last filed 990 for 2024
- REHAB JV LLC EIN 81-4446403 · last filed 990 for 2025