Nonprofit · EIN 54-0546154
VIRGINIA ASPHALT ASSOCIATION INC
Tax-exempt · RICHMOND, VA 23294
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,900,131 | $2,000,758 | -$100,627 | $1,534,980 | $113,890 | $1,421,090 |
| December 31, 2023 | 990 | $1,706,222 | $1,831,504 | -$125,282 | $1,649,768 | $110,700 | $1,539,068 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $753,089
- Membership dues
- $753,089
- Program service revenue
- $921,822
- Investment income
- $153,511
- Net gain from sales of assets
- $123,546
- Net income from fundraising events
- $49,266
- Other revenue
- $71,709
Expenses
- Grants and similar amounts paid
- $50,766
- Compensation of officers, directors and key employees
- $692,123
- Other salaries and wages
- $167,782
- Salaries, compensation and benefits (total)
- $985,241
- Professional fundraising fees
- $0
- Legal fees
- $15,915
- Accounting fees
- $25,950
- Occupancy
- $57,576
- Travel
- $78,196
- Depreciation
- $40,969
- Program services (functional)
- $1,626,169
- Management and general (functional)
- $374,589
Balance sheet and other
- Total assets, start of year
- $1,649,768
- Total assets, end of year
- $1,534,980
- Total liabilities, end of year
- $113,890
- Net assets, end of year
- $1,421,090
- Land, buildings and equipment
- $92,463
- Publicly traded securities
- $711,868
- Net assets without donor restrictions
- $1,421,090
- Gross unrelated business income
- $22,443
- Gross receipts
- $2,504,668
- Employees
- 5
- Year formed
- 1952
- 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 |
|---|---|---|---|---|
| TRENTON CLARK | PRESIDENT Trustee or director, Officer | 40 | $246,150 | $59,039 |
| DAVID LEE | VICE PRESIDE Officer | 40 | $152,414 | $41,573 |
| MICHAEL C DUDLEY | DIRECTOR Officer | 40 | $143,244 | $49,703 |
| DAVID WHITE | 1ST EX-OFFIC Trustee or director, Officer | 1 | $0 | $0 |
| BOBBY HEDRICK | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| TIM BOONE | VICE CHAIRMA Trustee or director, Officer | 1 | $0 | $0 |
| DAVID BRANSCOME JR | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTOPHER BLEVINS | 2ND EX-OFFIC Trustee or director, Officer | 1 | $0 | $0 |
| DAVID HORTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANNY BARTGES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ED DALRYMPLE JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LONNIE MINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HARRY KING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BLAIR WILLIAMSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEN ARTHUR | DIRECTOR Trustee or director | 1 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| C R LANGHORNE III | DIRECTOR Trustee or director | 1 | $0 |
| DAVID BRANSCOME SR | DIRECTOR Trustee or director | 1 | $0 |
| BEN MILLER | DIRECTOR Trustee or director | 1 | $0 |
| BUDDY LEAGUE | TREASURER Trustee or director, Officer | 1 | $0 |
| ROB SCHWEAR | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TRENTON CLARK | PRESIDENT Trustee or director, Officer | 40 | $240,000 | $59,943 |
| DAVID LEE | VICE PRESIDE Officer | 40 | $156,425 | $52,500 |
| MICHAEL C DUDLEY | DIRECTOR Officer | 40 | $141,900 | $46,277 |
| DAVID WHITE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| BOBBY HEDRICK | VICE CHAIRMA Trustee or director, Officer | 1 | $0 | $0 |
| TIM BOONE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DAVID BRANSCOME JR | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTOPHER BLEVINS | 1ST EX-OFFIC Trustee or director, Officer | 1 | $0 | $0 |
| DAVID HORTON | 2ND EX-OFFIC Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT CLAUD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ED DALRYMPLE JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LONNIE MINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHEILA CRAMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BLAIR WILLIAMSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEN ARTHUR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| C R LANGHORNE III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID G HELMICK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BEN MILLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BUDDY LEAGUE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROB SCHWEAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 7814 CAROUSEL LN STE 310, RICHMOND, VA 23294-4212
- Principal officer (990 for 2024)
- TRENTON CLARK, 7814 CAROUSEL LANE, SUITE, RICHMOND, VA 23294
- Signed the 990
- TRENTON CLARK, PRESIDENT
- Phone
- (804) 288-3169
- Website
- WWW.VAASPHALT.ORG
- Return prepared by
- MEADOWS URQUHART ACREE & COOK LLP
Mission
TO PROMOTE THE INCREASED USE AND QUALITY OF ASPHALT PAVEMENTS IN VIRGINIA.
Program accomplishments
- PROMOTING THE USE OF ASPHALT BY LOBBYING FOR AND PROVIDING INFORMATIONAL SERVICES TO GOVERNMENT AND PRIVATE BODIES WHICH HAVE AN INTEREST IN PAVING.
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
- 54-0546154
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1954
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,534,980
- Income (IRS master file)
- $2,504,668
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,900,131 | $2,000,758 | $1,534,980 | XML |
| 990 | December 2023 | $1,706,222 | $1,831,504 | $1,649,768 | XML |
| 990 | December 2022 | $1,650,677 | $1,780,740 | $1,578,179 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 54-0546154).
Questions about VIRGINIA ASPHALT ASSOCIATION INC
- What is the EIN of VIRGINIA ASPHALT ASSOCIATION INC?
- The employer identification number (EIN) of VIRGINIA ASPHALT ASSOCIATION INC is 54-0546154.
- Is VIRGINIA ASPHALT ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1954.
- Are donations to VIRGINIA ASPHALT ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does VIRGINIA ASPHALT 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 ASPHALT 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 ASPHALT 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 ASPHALT ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names TRENTON CLARK.
- Who are the officers and directors of VIRGINIA ASPHALT ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 20 people; 3 received compensation from the organization, the highest $246,150 (TRENTON CLARK, PRESIDENT).
- How much revenue does VIRGINIA ASPHALT ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,900,131, expenses of $2,000,758 and total assets of $1,534,980 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