Nonprofit · EIN 59-2119052
VMA INC
Tax-exempt · ORMOND BEACH, FL 32174
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $221,699 | $191,902 | $29,797 | $124,386 | $905 | $123,481 |
| December 31, 2023 | 990 | $211,941 | $245,209 | -$33,268 | $102,049 | $8,365 | $93,684 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,500
- Program service revenue
- $156,558
- Investment income
- $5,247
- Net income from fundraising events
- $57,840
- Other revenue
- $58,394
Expenses
- Grants and similar amounts paid
- $13,800
- Compensation of officers, directors and key employees
- $102,583
- Other salaries and wages
- $21,250
- Salaries, compensation and benefits (total)
- $132,612
- Professional fundraising fees
- $0
- Accounting fees
- $2,566
Balance sheet and other
- Total assets, start of year
- $102,049
- Total assets, end of year
- $124,386
- Total liabilities, end of year
- $905
- Net assets, end of year
- $123,481
- Gross receipts
- $260,451
- Employees
- 3
- Volunteers
- 11
- Year formed
- 1980
- State of legal domicile
- FL
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 |
|---|---|---|---|---|
| JESSICA LOVATT | PRESIDENT/CEO/TREASURER/SECRETARY Officer | 40 | $97,583 | $5,000 |
| AMY MONAHAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN FERGUSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN SNELLBACK | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CORY MCANDREW | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| PAUL MCALLIATER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THERESA PETERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATHI MACLEOD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE HASSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL GRICE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CORY HALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JACQUIE CONLON | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JESSICA LOVATT | PRESIDENT/CEO Officer | 40 | $87,000 | $5,000 |
| JAYNE FIFER | DIRECTOR OF EDUCATION Officer | 40 | $53,833 | $2,931 |
| AMY MONAHAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIKE SIBLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN FERGUSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAN SNELLBACK | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CORY MCANDREW | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| PAUL MCALLIATER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THERESA PETERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATHI MACLEOD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE HASSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL GRICE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CORY HALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JACQUIE YANTIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 50 WILDWOOD TRL, ORMOND BEACH, FL 32174-4345
- Principal officer (990 for 2024)
- JESSICA LOVATT, 50 WILDWOOD TRAIL, ORMOND BEACH, FL 321744345
- Signed the 990
- JESSICA LOVATT, PRESIDENT/CEO/TREASURER/SECRETARY
- Phone
- (386) 310-2126
- Website
- VMAONLINE.COM
- Return prepared by
- JAMES MOORE & COPL
Mission
VMA PROVIDES CONTINUOUS IMPROVEMENT OPPORTUNITIES FOR MEMBER COMPANIES THROUGH HIGH QUALITY EDUCATION, INFORMATION AND NETWORKING IN A WELCOMING ENVIRONMENT.
Program accomplishments
- NETWORKING IN THE BUSINESS SECTOR. SIX PLANT TOURS (213 ATTENDEES). IN ADDITION, THE ORGANIZATION HELD FOUR ANNUAL EVENTS: THE AWARDS BANQUET, GOLF TOURNAMENT, STEM TEA PARTY AND THE ROBOT BRAWL. ROBOT BRAWL PITS STUDENT BUILT ROBOTS AGAINST EACH OTHER. MANUFACTURERS SPONSOR THE SCHOOLS. EVENT TAKES PLACE AT THE JACKIE ROBINSON BASEBALL FIELD.
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
- 59-2119052
- 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)
- $124,386
- Income (IRS master file)
- $260,451
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $221,699 | $191,902 | $124,386 | XML |
| 990 | December 2023 | $211,941 | $245,209 | $102,049 | XML |
| 990 | December 2022 | $232,625 | $261,973 | $131,354 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 59-2119052).
Questions about VMA INC
- What is the EIN of VMA INC?
- The employer identification number (EIN) of VMA INC is 59-2119052.
- Is VMA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1982.
- Are donations to VMA INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does VMA 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 VMA 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 VMA 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 VMA INC?
- The 990 for the year ended December 31, 2024 names JESSICA LOVATT.
- Who are the officers and directors of VMA INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $97,583 (JESSICA LOVATT, PRESIDENT/CEO/TREASURER/SECRETARY).
- How much revenue does VMA INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $221,699, expenses of $191,902 and total assets of $124,386 at year end.
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