Civic Intelligence

Valve Manufacturers Association of America

990 • Fiscal year 2015 • EIN 13-1432012

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 11, 2016

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

45th percentile

0.15x

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

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

49th percentile

0.17x

Higher debt load relative to revenue than 49% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Net Margin

43rd percentile

2.0%

Higher net margin than 43% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

88th percentile

$284,274

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 13.9% of source-year revenue.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Asset Growth

50th percentile

2.5%

Faster asset growth than 50% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

56th percentile

5.1%

Faster revenue growth than 56% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$2,355,715

Up $56,605 (+2.5%) from 2014

Net Assets

Down

$2,000,754

Down $14,389 (-0.7%) from 2014

Liabilities

Up

$354,961

Up $70,994 (+25%) from 2014

Revenue

Up

$2,041,176

Up $99,195 (+5.1%) from 2014

Expenses

Up

$2,001,344

Up $95,041 (+5.0%) from 2014

Net Income

Up

$39,832

Up $4,154 (+12%) from 2014

Historical Trend

Balance Sheet Trend

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

2015

Assets$2,355,715
Liabilities$354,961
Net Assets$2,000,754

Operations Trend

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

2015

Revenue$2,041,176
Expenses$2,001,344
Net Income$39,832
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 11, 2016
Return Version
2015v2.1
Gross Receipts
$2,060,037
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$2,012,254$2,000,847▼ $11,407
Cash and Non-Interest-Bearing Accounts$65,189$170,537▲ $105,348
Prepaid Expenses and Deferred Charges$134,625$115,368▼ $19,257
Accounts Receivable$56,218$47,973▼ $8,245
Land, Buildings, and Equipment, Net$30,824$20,990▼ $9,834
Total Assets$2,299,110$2,355,715▲ $56,605
Liabilities
Deferred Revenue$177,446$274,447▲ $97,001
Accounts Payable and Accrued Expenses$93,064$70,118▼ $22,946
Other Liabilities$13,457$10,396▼ $3,061
Total Liabilities$283,967$354,961▲ $70,994
Net Assets / Fund Balance
Unrestricted Net Assets$2,015,143$2,000,754▼ $14,389
Total Net Assets Fund Balance$2,015,143$2,000,754▼ $14,389
Total Liabilities and Net Assets / Fund Balance$2,299,110$2,355,715▲ $56,605

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$20,990$85,185$106,175
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William S SandlerPresidentFT$202,250$82,024$284,274
Marc PasternakVice PresidentFT$107,700$46,553$154,253

Board Members and Trustees

NameTitle
Greg RogowskiChairman
Bob KempleVice Chairman
Arie BregmanBoard Member
Brad EllisBoard Member
Brian WrightBoard Member
Bruce JohnsonBoard Member
Bryan BurnsBoard Member
David HughesBoard Member
Jim GrayBoard Member
Jim WaltherBoard Member
Jim WhiteBoard Member
John LenanderBoard Member
Mark NahorskiBoard Member
Patrick DunnBoard Member
David a HarquistLegal Counsel

Highest Paid Contractors

ContractorServicesLocationCompensation
Publication By Tibbs INCMagazine Editor, Coordinator13613 Baycraft Terrace, Midlothian, VA 23112$431,594
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,978,035
Investment Income
$62,357
Other Revenue
$784
Change in Net Assets
$39,832

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,041,176
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-54,221
Total Revenue per Audited Statements
$1,986,955
Total Revenue per Form 990
$2,041,176
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,421,094
Salaries, Compensation, and Employee Benefits$580,250
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---$438,526
Conferences and Meetings---$376,570
Fees for Services Other---$350,772
Office Expenses---$285,474
Information Technology---$124,824
Occupancy---$101,073
Other Salaries and Wages---$89,485
Advertising---$71,007
Fees for Services Legal---$38,535
Payroll Taxes---$29,738
Travel---$25,522
Fees for Service Investment Mgmnt Fees---$18,862
Fees for Services Accounting---$15,710
Pension Plan Contributions---$12,515
Depreciation Depletion---$10,020
Other Employee Benefits---$9,986
Insurance---$2,161
Interest---$564
Total Functional Expenses$0$0$0$2,001,344

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,001,344
Total Expenses per Audited Statements$2,001,344
Total Expenses per Form 990$2,001,344
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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$10,396
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
2016-11-11
Discuss with paid preparer
Yes

Organization Details

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

Preparer

Firm
Rubino and Company Chartered
Address
6903 ROCKLEDGE DRIVE SUITE 1200, BETHESDA, MD 20817-1818
Preparer
PATRICIA A O'MALLEY CPA
Phone
3015643636
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Publication services 350,772.

Form 990, Part XII, Line 2C

Vma has a committee that assumes responsibility for oversight of the reviewed financial statements for 2015.

Financial Statement Notes

Part X, Line 2:

Vma is exempt from federal income tax under section 501(c)(6) of the internal revenue code and applicable regulations of the district of columbia, except as to unrelated business income if any.

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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/GoverningBodyVotingMembersCnt015
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt018861
IRS990/GrossReceiptsAmt02060037
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0124824
IRS990/InsuranceGrp/TotalAmt02161
IRS990/InterestGrp/TotalAmt0564
IRS990/InvestmentIncomeGrp/ExclusionAmt062357
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt062357
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02012254
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02000847
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt085185
IRS990/LandBldgEquipBasisNetGrp/BOYAmt030824
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020990
IRS990/LandBldgEquipCostOrOtherBssAmt0106175
IRS990/LegalDomicileStateCd0DC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt018861
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/NetAssetsOrFundBalancesBOYAmt02015143
IRS990/NetAssetsOrFundBalancesEOYAmt02000754
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-54221
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0101073
IRS990/OfficeExpensesGrp/TotalAmt0285474
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09986
IRS990/OtherLiabilitiesGrp/BOYAmt013457
IRS990/OtherLiabilitiesGrp/EOYAmt010396
IRS990/OtherRevenueMiscGrp/BusinessCd0900004
IRS990/OtherRevenueMiscGrp/Desc0JOB BANK POSTINGS
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0413
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0413
IRS990/OtherRevenueTotalAmt0413
IRS990/OtherSalariesAndWagesGrp/TotalAmt089485
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt029738
IRS990/PensionPlanContributionsGrp/TotalAmt012515
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0134625
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0115368
IRS990/PrincipalOfficerNm0WILLIAM SANDLER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2541800
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4541900
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1WORKSHOPS & SEMINARS
IRS990/ProgramServiceRevenueGrp/Desc2PUBLICATIONS
IRS990/ProgramServiceRevenueGrp/Desc3EDUCATION AND TRAINING
IRS990/ProgramServiceRevenueGrp/Desc4SPECIAL PROJECTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01083256
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1304372
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2160303
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt372750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01083256
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1304372
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2285359
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3160303
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt472750
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0285359
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/PYInvestmentIncomeAmt050018
IRS990/PYOtherExpensesAmt01317542
IRS990/PYOtherRevenueAmt063448
IRS990/PYProgramServiceRevenueAmt01828515
IRS990/PYRevenuesLessExpensesAmt035678
IRS990/PYSalariesCompEmpBnftPaidAmt0588761
IRS990/PYTotalExpensesAmt01906303
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01941981
IRS990/ReconcilationRevenueExpnssAmt039832
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0371
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0371
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt020990
IRS990ScheduleD/EquipmentGrp/DepreciationAmt085185
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0106175
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02001344
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-54221
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010396
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE OBLIGATION
IRS990ScheduleD/RevenueNotReportedAmt0-54221
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02041176
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0VMA IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND APPLICABLE REGULATIONS OF THE DISTRICT OF COLUMBIA, EXCEPT AS TO UNRELATED BUSINESS INCOME IF ANY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020990
IRS990ScheduleD/TotalExpensesPerForm990Amt02001344
IRS990ScheduleD/TotalLiabilityAmt010396
IRS990ScheduleD/TotalRevenuePerForm990Amt02041176
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01986955
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02001344
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0202250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1107700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount030000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount110500
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/DeferredCompensationFlngOrgAmt020800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt111298
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt031224
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt124755
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/TotalCompensationFilingOrgAmt0284274
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1154253
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0FOR VMA MEETINGS, THE SPOUSE WOULD TRAVEL WITH THE OFFICER AND THE INCOME WAS TREATED AS TAXABLE.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 1a
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 350,772.

Document Assets

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Filings

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