Civic Intelligence

Valve Manufacturers Association of America

990 • Fiscal year 2014 • EIN 13-1432012

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 13, 2015

Organization ProfileWWW.VMA.ORG

View Organization Page

1050 17th Street NW No 280Washington, DC 20036

(202) 331-8105

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

40th percentile

0.12x

Higher debt load relative to assets than 40% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

45th percentile

0.15x

Higher debt load relative to revenue than 45% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Net Margin

43rd percentile

1.8%

Higher net margin than 43% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

88th percentile

$284,083

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 14.6% of source-year revenue.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Asset Growth

21st percentile

-4.5%

Faster asset growth than 21% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

44th percentile

2.4%

Faster revenue growth than 44% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets40th percentile

Assets

Down

$2,299,110

Down $109,440 (-4.5%) from 2013

Net Assets

Up

$2,015,143

Up $92,918 (+4.8%) from 2013

Liabilities

Down

$283,967

Down $202,358 (-42%) from 2013

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin43rd percentile

Revenue

Up

$1,941,981

Up $45,901 (+2.4%) from 2013

Expenses

Down

$1,906,303

Down $33,771 (-1.7%) from 2013

Net Income

Up

$35,678

Up $79,672 (+181%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $2,041,078Liabilities 2010: $309,792Net Assets 2010: $1,731,2862010Assets 2011: $1,978,232Liabilities 2011: $243,211Net Assets 2011: $1,735,0212011Assets 2012: $2,146,662Liabilities 2012: $284,885Net Assets 2012: $1,861,7772012Assets 2013: $2,408,550Liabilities 2013: $486,325Net Assets 2013: $1,922,2252013Assets 2014: $2,299,110Liabilities 2014: $283,967Net Assets 2014: $2,015,1432014Assets 2015: $2,355,715Liabilities 2015: $354,961Net Assets 2015: $2,000,7542015Assets 2016: $2,170,534Liabilities 2016: $244,318Net Assets 2016: $1,926,2162016Assets 2017: $2,008,326Liabilities 2017: $243,570Net Assets 2017: $1,764,7562017Assets 2018: $1,678,100Liabilities 2018: $303,240Net Assets 2018: $1,374,8602018Assets 2019: $1,386,800Liabilities 2019: $294,993Net Assets 2019: $1,091,8072019Assets 2020: $1,139,686Liabilities 2020: $164,443Net Assets 2020: $975,2432020Assets 2021: $1,264,435Liabilities 2021: $270,833Net Assets 2021: $993,6022021Assets 2022: $1,015,002Liabilities 2022: $220,305Net Assets 2022: $794,6972022Assets 2023: $1,088,135Liabilities 2023: $496,229Net Assets 2023: $591,9062023Assets 2024: $1,261,301Liabilities 2024: $585,202Net Assets 2024: $676,0992024

Highlighted filing

2014

Assets$2,299,110
Liabilities$283,967
Net Assets$2,015,143
Open 2014 Filing

Operations Trend

Revenue Growth44th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,511,1722010Expenses 2011: $1,604,4352011Expenses 2012: $1,949,8282012Revenue 2013: $1,896,080Expenses 2013: $1,940,074Net Income 2013: -$43,9942013Revenue 2014: $1,941,981Expenses 2014: $1,906,303Net Income 2014: $35,6782014Revenue 2015: $2,041,176Expenses 2015: $2,001,344Net Income 2015: $39,8322015Revenue 2016: $1,849,980Expenses 2016: $1,979,980Net Income 2016: -$130,0002016Revenue 2017: $1,569,265Expenses 2017: $1,858,376Net Income 2017: -$289,1112017Revenue 2018: $1,719,122Expenses 2018: $1,963,615Net Income 2018: -$244,4932018Revenue 2019: $1,795,034Expenses 2019: $2,184,206Net Income 2019: -$389,1722019Revenue 2020: $1,234,366Expenses 2020: $1,558,839Net Income 2020: -$324,4732020Revenue 2021: $1,239,567Expenses 2021: $1,392,306Net Income 2021: -$152,7392021Revenue 2022: $1,429,391Expenses 2022: $1,361,637Net Income 2022: $67,7542022Revenue 2023: $1,098,366Expenses 2023: $1,241,768Net Income 2023: -$143,4022023Revenue 2024: $1,304,972Expenses 2024: $1,245,502Net Income 2024: $59,4702024

Highlighted filing

2014

Revenue$1,941,981
Expenses$1,906,303
Net Income$35,678
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$1,941,981
Mission and Program Overview

Mission

Enhance the business climate for its members' operations and profitability, and strengthen the valve industry as a whole.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,905,756$2,012,254▲ $106,498
Prepaid Expenses and Deferred Charges$109,197$134,625▲ $25,428
Cash and Non-Interest-Bearing Accounts$295,218$65,189▼ $230,029
Accounts Receivable$72,631$56,218▼ $16,413
Land, Buildings, and Equipment, Net$25,748$30,824▲ $5,076
Total Assets$2,408,550$2,299,110▼ $109,440
Liabilities
Deferred Revenue$378,099$177,446▼ $200,653
Accounts Payable and Accrued Expenses$100,511$93,064▼ $7,447
Other Liabilities$7,715$13,457▲ $5,742
Total Liabilities$486,325$283,967▼ $202,358
Net Assets / Fund Balance
Unrestricted Net Assets$1,922,225$2,015,143▲ $92,918
Total Net Assets Fund Balance$1,922,225$2,015,143▲ $92,918
Total Liabilities and Net Assets / Fund Balance$2,408,550$2,299,110▼ $109,440

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$30,824$75,316$106,140
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William S SandlerPresidentFT$194,360$89,723$284,083
Marc PasternakVice PresidentFT$103,400$53,727$157,127

Board Members and Trustees

NameTitle
Greg RogowskiChairman
Ivan VelanImmediate Past Chairman
Bob KempleVice Chairman
Arie BregmanBoard Member
Bryan BurnsBoard Member
David HughesBoard Member
Jeff DreesBoard Member
Jim GrayBoard Member
Jim WaltherBoard Member
Jim WhiteBoard Member
Louis PinkhamBoard Member
Mark NahorskiBoard Member
Patrick DunnBoard Member
Randy CowartBoard Member
Sam BennardoBoard Member
David a HarquistLegal Counsel

Highest Paid Contractors

ContractorServicesLocationCompensation
Publication By Tibbs INCMagazine Editor, Coordinator13613 BAYCRAFT TERRACE, Midlothian, VA 23112$385,342
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,828,515
Investment Income
$50,018
Other Revenue
$63,448
Change in Net Assets
$35,678
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,317,542
Salaries, Compensation, and Employee Benefits$588,761
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$441,071
Conferences and Meetings---$374,232
Office Expenses---$274,215
Fees for Services Other---$225,001
Information Technology---$116,107
Other Salaries and Wages---$109,679
Occupancy---$97,181
Advertising---$86,528
Fees for Services Legal---$42,581
Travel---$40,790
Payroll Taxes---$28,850
Fees for Services Accounting---$26,060
Fees for Service Investment Mgmnt Fees---$13,260
Depreciation Depletion---$9,993
All Other Expenses---$9,231
Other Employee Benefits---$9,161
Insurance---$2,331
Interest---$32
Total Functional Expenses$0$0$0$1,906,303
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligation$13,457
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The association has members who are manufacturers of industrial valves, actuators, and controls as well as suppliers to the industry who pay annual dues based on previous year net sales.”

Form 990, Part VI, Section A, Line 7A

“All members of the governing body are elected by a simple majority of the full membership of the association with each member company having one vote.”

Form 990, Part VI, Section A, Line 7B

“Changes to the association constitution or by-laws, as well as annual budget and changes to dues structure require approval by a simple majority of membership.”

Form 990, Part VI, Section B, Line 11

“The form 990 is reviewed by the president. Form 990 is also available for review by the board of directors.”

Form 990, Part VI, Section B, Line 15

“The vma president suggests salary adjustments for all staff members including himself to the executive committee based on american society of association executives salary survey and then the executive committee approves or changes recommendations.”

Form 990, Part VI, Section C, Line 19

“The association's governing documents, policies, and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Valve Manufacturers Association
EIN
13-1432012
Phone
2023318105
Address
1050 17TH STREET NW NO 280, WASHINGTON, DC 20036

Signing Officer

Name
William Sandler
Title
President
Phone
2023318105
Signed
2015-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Sandler
Formed
1982
Legal Domicile
Dc
Voting Board Members
15
Independent Board Members
14
Employees
4
Volunteers
40

Preparer

Firm
Rubino and Company Chartered
Address
6903 ROCKLEDGE DRIVE SUITE 1200, BETHESDA, MD 20817-1818
Preparer
Jenny E Herrera CPA
Phone
3015643636
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Publication services 225,001.”

FORM 990, PART XII, LINE 2C:

“The process did not change from prior year.”

Raw XML AppendixShowing 400 of 500 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0ENHANCE THE BUSINESS CLIMATE FOR ITS MEMBERS' OPERATIONS AND PROFITABILITY, AND STRENGTHEN THE VALVE INDUSTRY AS A WHOLE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1IMMEDIATE PAST CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5LEGAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE PRESIDENT
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IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01941981
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0116107
IRS990/InsuranceGrp/TotalAmt02331
IRS990/InterestGrp/TotalAmt032
IRS990/InvestmentIncomeGrp/ExclusionAmt050018
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt050018
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01905756
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02012254
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt075316
IRS990/LandBldgEquipBasisNetGrp/BOYAmt025748
IRS990/LandBldgEquipBasisNetGrp/EOYAmt030824
IRS990/LandBldgEquipCostOrOtherBssAmt0106140
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ENHANCE THE BUSINESS CLIMATE FOR ITS MEMBERS' OPERATIONS AND PROFITABILITY, AND STRENGTHEN THE VALVE INDUSTRY AS A WHOLE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01922225
IRS990/NetAssetsOrFundBalancesEOYAmt02015143
IRS990/NetUnrelatedBusTxblIncmAmt0-7133
IRS990/NetUnrlzdGainsLossesInvstAmt057240
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt097181
IRS990/OfficeExpensesGrp/TotalAmt0274215
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09161
IRS990/OtherLiabilitiesGrp/BOYAmt07715
IRS990/OtherLiabilitiesGrp/EOYAmt013457
IRS990/OtherSalariesAndWagesGrp/TotalAmt0109679
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt028850
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0109197
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0134625
IRS990/PrincipalOfficerNm0WILLIAM SANDLER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1541800
IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4541900
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1PUBLICATIONS
IRS990/ProgramServiceRevenueGrp/Desc2WORKSHOPS & SEMINARS
IRS990/ProgramServiceRevenueGrp/Desc3EDUCATION AND TRAINING
IRS990/ProgramServiceRevenueGrp/Desc4SPECIAL PROJECTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01014508
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12446
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2262138
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3127778
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt473000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01014508
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1348595
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2262138
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3127778
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt473000
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0346149
IRS990/ProgSrvcAccomActy2Grp/Desc0STATISTICAL SERVICES: COMMUNICATE INDUSTRY STATISTICS, MARKET FORECASTS AND ECONOMIC PROFILES TO MEMBERS IN THE INDUSTRY.
IRS990/ProgSrvcAccomActy3Grp/Desc0PUBLICATIONS: MAGAZINES, NEWSLETTERS AND SPECIAL REPORTS WHICH INFORM THE INDUSTRY ABOUT POLITICAL MARKETS, CURRENT TRENDS AND REGULATIONS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt051962
IRS990/PYOtherExpensesAmt01349657
IRS990/PYOtherRevenueAmt070620
IRS990/PYProgramServiceRevenueAmt01773498
IRS990/PYRevenuesLessExpensesAmt0-43994
IRS990/PYSalariesCompEmpBnftPaidAmt0590417
IRS990/PYTotalExpensesAmt01940074
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01896080
IRS990/ReconcilationRevenueExpnssAmt035678
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt063448
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt063448
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt030824
IRS990ScheduleD/EquipmentGrp/DepreciationAmt075316
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0106140
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013457
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE OBLIGATION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt030824
IRS990ScheduleD/TotalLiabilityAmt013457
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0194360
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1103400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount030000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount110200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt020100
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt110915
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt039623
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt132612
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WILLIAM S SANDLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MARC PASTERNAK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0284083
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1157127
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/TravelForCompanionsInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HAS MEMBERS WHO ARE MANUFACTURERS OF INDUSTRIAL VALVES, ACTUATORS, AND CONTROLS AS WELL AS SUPPLIERS TO THE INDUSTRY WHO PAY ANNUAL DUES BASED ON PREVIOUS YEAR NET SALES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBERS OF THE GOVERNING BODY ARE ELECTED BY A SIMPLE MAJORITY OF THE FULL MEMBERSHIP OF THE ASSOCIATION WITH EACH MEMBER COMPANY HAVING ONE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGES TO THE ASSOCIATION CONSTITUTION OR BY-LAWS, AS WELL AS ANNUAL BUDGET AND CHANGES TO DUES STRUCTURE REQUIRE APPROVAL BY A SIMPLE MAJORITY OF MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED BY THE PRESIDENT. FORM 990 IS ALSO AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE VMA PRESIDENT SUGGESTS SALARY ADJUSTMENTS FOR ALL STAFF MEMBERS INCLUDING HIMSELF TO THE EXECUTIVE COMMITTEE BASED ON AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES SALARY SURVEY AND THEN THE EXECUTIVE COMMITTEE APPROVES OR CHANGES RECOMMENDATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ASSOCIATION'S GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PUBLICATION SERVICES 225,001.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE PROCESS DID NOT CHANGE FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,299,110
Liabilities
$283,967
Net assets
$2,015,143
Revenue
$1,941,981
Expenses
$1,906,303
Net income
$35,678
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.26$0.59$0.68$1.30$1.25$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.09$0.50$0.59$1.10$1.24$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.22$0.79$1.43$1.36$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.27$0.99$1.24$1.39$0.15
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.14$0.16$0.98$1.23$1.56$0.32
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.29$1.09$1.80$2.18$0.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$0.30$1.37$1.72$1.96$0.24
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.24$1.76$1.57$1.86$0.29
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.17$0.24$1.93$1.85$1.98$0.13
2015Detailed filing. Detailed filing data is available for this year.$2.36$0.35$2.00$2.04$2.00$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.30$0.28$2.02$1.94$1.91$0.04
2013Detailed filing. Detailed filing data is available for this year.$2.41$0.49$1.92$1.90$1.94$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.28$1.86$1.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.24$1.74$1.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.31$1.73$1.51