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VIRGINIA BANKERS ASSOCIATION

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Public IRS 990 nonprofit record

VIRGINIA BANKERS ASSOCIATION

EIN 54-0417722 · Fairs (N52)

What they do

THE MISSION of THE VBA is to ENHANCE BANKINGS ABILITY to COMPETE EFFECTIVELY and PROFITABLY IN THE MARKETPLACE.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders33 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$74.97spent for every $100 of revenueRevenue covered expenses this year.
$10.00in assets for every $1 spent this yearSome assets cannot be spent right away.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $537,612 for BRUCE WHITEHURST (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$2,057,791
Expenses$1,542,723
Annual surplus $515,068 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$2,057,791
Expenses$1,542,723
Assets$15,425,593
Income$2,057,791
Stocks and bonds$52,968
Accounting fees$11,500
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
BRUCE WHITEHURSTPRESIDENT & CEO · 24 hrs/week $537,612Base $400,172 · Other $137,440
MATTHEW BRUNINGEXECUTIVE VP · 28 hrs/week $194,457Base $159,116 · Other $35,341
DEMARION JOHNSTONGENERAL COUNSEL & CORP SECRETARY · 18 hrs/week $116,131Base $81,529 · Other $34,602
CHANDLER OWDOMSENIOR VICE PRESIDENT · 20 hrs/week $74,717Base $49,365 · Other $25,352
STACY PUCKETTCHIEF FINANCIAL OFFICER · 4 hrs/week $50,616Base $21,124 · Other $29,492
LAURIE MILLIGANCOO & PRESIDENT, VBA BENEFITS CORP · 1 hrs/week $30,334Base · Other $30,334
TRACY OTTINGERSVP, MEMBER SERVICES, VBA MSI · 1 hrs/week $17,815Base · Other $17,815
JOHN SNEADVP MEMBER SERVICES, VBA BENEFITS CORP · 1 hrs/week $16,874Base · Other $16,874

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (33)

BRUCE WHITEHURSTPRESIDENT & CEO

MATTHEW BRUNINGEXECUTIVE VP

DEMARION JOHNSTONGENERAL COUNSEL & CORP SECRETARY

CHANDLER OWDOMSENIOR VICE PRESIDENT

STACY PUCKETTCHIEF FINANCIAL OFFICER

LAURIE MILLIGANCOO & PRESIDENT, VBA BENEFITS CORP

TRACY OTTINGERSVP, MEMBER SERVICES, VBA MSI

JOHN SNEADVP MEMBER SERVICES, VBA BENEFITS CORP

STEVEN A DELUCABOARD MEMBER

ROBERT C WOOD JRBOARD MEMBER

ROBERT F SHUFORD JRBOARD MEMBER

SCOTT C HARVARDBOARD MEMBER

SHANE MCLAUGHLINBOARD MEMBER

SHERRI A SACKETTBOARD MEMBER

JOSEPH J THOMASBOARD MEMBER

THOMAS F CHERRYCHAIRMAN ELECT

THOMAS L RANSOMBOARD MEMBER

VICTOR K BRANCHCHAIRMAN

W MARK NELSONBOARD MEMBER

MARIA P TEDESCOBOARD MEMBER

LITZ H VAN DYKEIMMEDIATE PAST CHAIRMAN

AUBREY H HALL IIIBOARD MEMBER

JOHN R CALDWELLCHAIRMAN VBA BENEFITS CORP

JOHN J BROUGHBOARD MEMBER

JANET N TOPEBOARD MEMBER

JAMES R BLACKBOARD MEMBER

GARY R SHOOKCHAIRMAN VBA EDUCATION FOUNDATION

G LYN HAYTH IIIBOARD MEMBER

DENNIS A DYSARTCHAIRMAN VBA MANAGEMENT SERVICES

DAVID P BOYLEBOARD MEMBER

CHRISTOPHER W BERGSTROMBOARD MEMBER

BRIAN K SKINNERBOARD MEMBER

BRANDON C LOREYCHAIRMAN GOVT RELATIONS

About this charity

Recognized since
January 1942
Location
4490 COX RD, GLEN ALLEN, VA 23060-3325
County
Henrico
In care of
STACY PUCKETT
Primary officer
STACY PUCKETT, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
BROWN EDWARDS & COMPANY LLP
NTEE classification
Fairs (N52)
IRS tax category
Fairs

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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