Civic Intelligence

Independent Insurance Agents of Virginia

990 • Fiscal year 2017 • EIN 54-0417627

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 22, 2018

8600 Mayland DriveRichmond, VA 23294

(804) 747-9300

Siviq Scores

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

Liabilities / Assets

77th percentile

0.42x

Higher debt load relative to assets than 77% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

94th percentile

1.02x

Higher debt load relative to revenue than 94% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

11th percentile

-9.5%

Higher net margin than 11% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

68th percentile

$190,944

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 18.1% of source-year revenue.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

13th percentile

-8.8%

Faster asset growth than 13% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

18th percentile

-6.2%

Faster revenue growth than 18% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$2,561,006

Down $247,595 (-8.8%) from 2016

Net Assets

Down

$1,482,118

Down $100,477 (-6.3%) from 2016

Liabilities

Down

$1,078,888

Down $147,118 (-12%) from 2016

Revenue

Down

$1,055,810

Down $70,140 (-6.2%) from 2016

Expenses

Up

$1,156,287

Up $12,478 (+1.1%) from 2016

Net Income

Down

-$100,477

Down $82,618 (-463%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,071,558Liabilities 2011: $1,521,944Net Assets 2011: $1,549,6142011Assets 2012: $3,030,522Liabilities 2012: $1,476,205Net Assets 2012: $1,554,3172012Assets 2013: $3,042,123Liabilities 2013: $1,436,073Net Assets 2013: $1,606,0502013Assets 2014: $2,976,679Liabilities 2014: $1,418,016Net Assets 2014: $1,558,6632014Assets 2015: $2,898,985Liabilities 2015: $1,298,531Net Assets 2015: $1,600,4542015Assets 2016: $2,808,601Liabilities 2016: $1,226,006Net Assets 2016: $1,582,5952016Assets 2017: $2,561,006Liabilities 2017: $1,078,888Net Assets 2017: $1,482,1182017Assets 2018: $2,636,455Liabilities 2018: $1,232,626Net Assets 2018: $1,403,8292018Assets 2019: $2,586,715Liabilities 2019: $1,272,043Net Assets 2019: $1,314,6722019Assets 2020: $2,648,827Liabilities 2020: $1,338,988Net Assets 2020: $1,309,8392020Assets 2021: $2,662,085Liabilities 2021: $522,446Net Assets 2021: $2,139,6392021Assets 2022: $2,800,771Liabilities 2022: $483,110Net Assets 2022: $2,317,6612022Assets 2023: $2,798,284Liabilities 2023: $452,363Net Assets 2023: $2,345,9212023Assets 2024: $2,843,210Liabilities 2024: $410,284Net Assets 2024: $2,432,9262024Assets 2025: $2,607,130Liabilities 2025: $348,738Net Assets 2025: $2,258,3922025

Highlighted filing

2017

Assets$2,561,006
Liabilities$1,078,888
Net Assets$1,482,118

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,159,251Expenses 2011: $1,171,607Net Income 2011: -$12,3562011Revenue 2012: $1,164,206Expenses 2012: $1,190,698Net Income 2012: -$26,4922012Expenses 2013: $1,176,8362013Revenue 2014: $1,100,650Expenses 2014: $1,121,991Net Income 2014: -$21,3412014Revenue 2015: $1,210,793Expenses 2015: $1,174,901Net Income 2015: $35,8922015Revenue 2016: $1,125,950Expenses 2016: $1,143,809Net Income 2016: -$17,8592016Revenue 2017: $1,055,810Expenses 2017: $1,156,287Net Income 2017: -$100,4772017Revenue 2018: $1,102,902Expenses 2018: $1,214,067Net Income 2018: -$111,1652018Revenue 2019: $1,111,414Expenses 2019: $1,200,571Net Income 2019: -$89,1572019Revenue 2020: $1,020,830Expenses 2020: $1,025,663Net Income 2020: -$4,8332020Revenue 2021: $1,357,625Expenses 2021: $925,146Net Income 2021: $432,4792021Revenue 2022: $1,432,441Expenses 2022: $1,121,978Net Income 2022: $310,4632022Revenue 2023: $1,290,538Expenses 2023: $1,129,838Net Income 2023: $160,7002023Revenue 2024: $1,180,414Expenses 2024: $1,177,744Net Income 2024: $2,6702024Revenue 2025: $1,121,944Expenses 2025: $1,305,207Net Income 2025: -$183,2632025

Highlighted filing

2017

Revenue$1,055,810
Expenses$1,156,287
Net Income-$100,477
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 22, 2018
Return Version
2016v3.0
Gross Receipts
$1,055,810
Mission and Program Overview

Mission

To promote insurance professionalism and encourage greater public understanding of the mechanics of the insurance business; to enhance the professional development of its membership; to advocate on behalf of independent insurance agents with state and federal government.

To promote insurance professionalism through education and to produce publications and programs to enhance professional development of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,160,115$1,155,608▼ $4,507
Investments Other Securities$868,860$868,860→ $0
Cash and Non-Interest-Bearing Accounts$364,552$303,496▼ $61,056
Savings and Temporary Cash Investments$207,465$213,685▲ $6,220
Prepaid Expenses and Deferred Charges$3,477$13,678▲ $10,201
Accounts Receivable$14,568$322▼ $14,246
Total Assets$2,808,601$2,561,006▼ $247,595
Other Assets Total$189,564$5,357▼ $184,207
Liabilities
Mortgage Notes Payable Secured by Investment Property$399,371$368,438▼ $30,933
Deferred Revenue$370,288$351,844▼ $18,444
Other Liabilities$213,094$275,146▲ $62,052
Accounts Payable and Accrued Expenses$243,253$83,460▼ $159,793
Unsecured Notes Loans Payable$0--
Total Liabilities$1,226,006$1,078,888▼ $147,118
Net Assets / Fund Balance
Unrestricted Net Assets$1,582,595$1,482,118▼ $100,477
Total Net Assets Fund Balance$1,582,595$1,482,118▼ $100,477
Total Liabilities and Net Assets / Fund Balance$2,808,601$2,561,006▼ $247,595

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,032,269$516,436$1,548,705
Land$70,134-$70,134
Leasehold Improvements$35,632$25,617$61,249
Equipment$17,573$28,941$46,514
Other Securities$868,860--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bob BradshawPresident and CEOFT$152,855$38,089$190,944

Board Members and Trustees

NameTitle
Hunter H Odom JrChair Elect
DOUGLAS b megillChairman
W Monty DiseIMMediate Past Chairman
Dennis C WinfreeFirst Vice Chair
Joseph D HarrowDistrict 1 Director
Bruce LaderbergDistrict 2 Director
Benjamin G WintersDistrict 3 director
Joseph C Hales IiiDistrict 4 Director
Michael T YergeyDistrict 5 Director
Priscilla G HottleDistrict 6 Director
Forest a WagnerDistrict 7 Director
Robert a YergeyState National Director
David S Williamsonassociate member represent
Michelle Viaassociate member represent
Ryan M AndrewTreasurer
Adam C WinfreeYoung Agent Liaison
Revenue and Support

Revenue Composition

Contributions and Grants
$593,077
Program Service Revenue
$221,000
Investment Income
$6,612
Other Revenue
$235,121
All Other Contributions
$1,500
Change in Net Assets
$-100,477
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$599,216
Salaries, Compensation, and Employee Benefits$557,071
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$280,435
Current Officers, Directors, Trustees, and Key Employees---$194,031
Other Expenses---$75,552
All Other Expenses---$55,836
Depreciation Depletion---$47,290
Fees for Services Accounting---$45,954
Other Employee Benefits---$44,688
Conferences and Meetings---$39,560
Occupancy---$31,799
Payroll Taxes---$30,078
Office Expenses---$29,589
Pension Plan Contributions---$7,839
Information Technology---$7,135
Insurance---$5,886
Advertising---$4,699
Fees for Services Legal---$1,931
Total Functional Expenses$0$0$0$1,156,287
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
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$82,650
Total Nondeductible Lobbying and Political Cost$63,868
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliated Corporation$275,146
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

Robert A. Yergey and Michael T. Yergey are brothers. Dennis C. Winfree is Adam C. Winfree's father.

Form 990, Part VI, Section A, line 6

There are two classes of membership: regular and associate membership.

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

the nominating committee is made up of 5 regular members and the Chairman of the Board. regular members may recommend names of full-time employees, officers, partners, or sole proprietors of regular members to the nominating committee for its consideration as nominees for officer and voting directors. the officers and directors are elected by the regular members at the annual membership meeting or by electronic ballot.

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

the nominating committee is made up of 5 regular members and the Chairman of the Board. regular members may recommend names of full-time employees, officers, partners, or sole proprietors of regular members to the nominating committee for its consideration as nominees for officer and voting directors. the officers and directors are elected by the regular members at the annual membership meeting or by electronic ballot.

Form 990, Part VI, Section B, line 11B

A draft form 990 is provided to the board of directors to review prior to being filed by the organization.

Form 990, Part VI, Section B, line 12C

The conflict of interest policy is reviewed annually at the june board of directors meeting.

Form 990, Part VI, Section B, line 15

The compensation package of the president and ceo is reviewed annually by an administrative committee. Other officers and key employees' compensation is determined by the president and ceo in accordance with the fiscal parameters of the budget which is approved by the board of directors.

Form 990, Part VI, Section C, line 19

The organization's governing documents, conflict of interest request policy and financial statements are all available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Independent Insurance Agents of
EIN
54-0417627
Phone
8047479300
Address
8600 MAYLAND DRIVE, RICHMOND, VA 23294

Signing Officer

Name
Robert N Bradshaw Jr
Title
President/CEO
Phone
8047479300
Signed
2018-01-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert N Bradshaw Jr
Formed
1898
Legal Domicile
Va
Voting Board Members
16
Independent Board Members
16
Employees
7
Volunteers
0

Preparer

Firm
Dixon Hughes Goodman Llp
Address
901 EAST CARY STREET SUITE 1000, RICHMOND, VA 23219
Preparer
Lori K Cochran
Phone
8042827636
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

the finance committee is responsible for the oversight of the review.

Financial Statement Notes

Part X, Line 2:

IIAV is exempt from federal and state income taxes as a nonprofit organization under Section 501(c)(6) of the Internal Revenue Code and the tax statutes of the Commonwealth of Virginia and will be taxed only to the extent it has taxable trade or business income unrelated to its exempt purpose. The Company has determined that it does not have any material unrecognized tax benefits or obligations as of June 30, 2017 and 2016.

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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/Form990PartVIISectionAGrp/PersonNm3Ryan M Andrew
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IRS990/Form990PartVIISectionAGrp/PersonNm12FOREST A WAGNER
IRS990/Form990PartVIISectionAGrp/PersonNm13ADAM C WINFREE
IRS990/Form990PartVIISectionAGrp/PersonNm14MICHELLE VIA
IRS990/Form990PartVIISectionAGrp/PersonNm15David S Williamson
IRS990/Form990PartVIISectionAGrp/PersonNm16BOB BRADSHAW
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1IMMediate Past Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2First Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4STATE NATIONAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt6DISTRICT 1 DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DISTRICT 2 DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8District 3 director
IRS990/Form990PartVIISectionAGrp/TitleTxt9DISTRICT 4 DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DISTRICT 5 DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DISTRICT 6 DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DISTRICT 7 DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13Young Agent Liaison
IRS990/Form990PartVIISectionAGrp/TitleTxt14associate member represent
IRS990/Form990PartVIISectionAGrp/TitleTxt15associate member represent
IRS990/Form990PartVIISectionAGrp/TitleTxt16President and CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01898
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01055810
IRS990/GrossRentsGrp/RealAmt037820
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt07135
IRS990/InsuranceGrp/TotalAmt05886
IRS990/InvestmentIncomeGrp/ExclusionAmt06612
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06612
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0868860
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0868860
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0570994
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01160115
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01155608
IRS990/LandBldgEquipCostOrOtherBssAmt01726602
IRS990/LegalDomicileStateCd0VA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0591577
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0to promote insurance professionalism and encourage greater public understanding of the mechanics of the insurance business; to enhance the professional development of its membership; to advocate on behalf of independent insurance agents with state and federal government programs; to insurers and other interindustry organizations; to develop programs, products and services to improve the efficiency of its membership.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0399371
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0368438
IRS990/NetAssetsOrFundBalancesBOYAmt01582595
IRS990/NetAssetsOrFundBalancesEOYAmt01482118
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt037820
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt037820
IRS990/NetUnrelatedBusTxblIncmAmt09101
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt031799
IRS990/OfficeExpensesGrp/TotalAmt029589
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0189564
IRS990/OtherAssetsTotalGrp/EOYAmt05357
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt044688
IRS990/OtherExpensesGrp/Desc0iNCOME taxes
IRS990/OtherExpensesGrp/Desc1COURSE EXPENDITURES
IRS990/OtherExpensesGrp/Desc2DUES & ASSOCIATION
IRS990/OtherExpensesGrp/Desc3equipment rental and ma
IRS990/OtherExpensesGrp/TotalAmt04500
IRS990/OtherExpensesGrp/TotalAmt1133076
IRS990/OtherExpensesGrp/TotalAmt2116409
IRS990/OtherExpensesGrp/TotalAmt375552
IRS990/OtherLiabilitiesGrp/BOYAmt0213094
IRS990/OtherLiabilitiesGrp/EOYAmt0275146
IRS990/OtherRevenueMiscGrp/BusinessCd0561000
IRS990/OtherRevenueMiscGrp/BusinessCd1561000
IRS990/OtherRevenueMiscGrp/Desc0expense reimbursement
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt065396
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt125660
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt065396
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt125660
IRS990/OtherRevenueTotalAmt091056
IRS990/OtherSalariesAndWagesGrp/TotalAmt0280435
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/TotalAmt030078
IRS990/PensionPlanContributionsGrp/TotalAmt07839
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03477
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013678
IRS990/PrincipalOfficerNm0Robert N Bradshaw Jr
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561000
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0CONVENTIONS & MEETINGS
IRS990/ProgramServiceRevenueGrp/Desc1SEMINARS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0121969
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt199031
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0121969
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt199031
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0600114
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06798
IRS990/PYOtherExpensesAmt0591447
IRS990/PYOtherRevenueAmt0254069
IRS990/PYProgramServiceRevenueAmt0264969
IRS990/PYRevenuesLessExpensesAmt0-17859
IRS990/PYSalariesCompEmpBnftPaidAmt0552362
IRS990/PYTotalExpensesAmt01143809
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01125950
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-100477
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt037820
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt0106245
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0106245
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0207465
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0213685
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt077733
IRS990ScheduleC/AgreeCarryoverPriorYearInd01
IRS990ScheduleC/DuesAssessmentsAmt0591577
IRS990ScheduleC/NonDedLbbyngPltclCyovAmt0-18782
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt082650
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt063868
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt0-13865
IRS990ScheduleD/BuildingsGrp/BookValueAmt01032269
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0516436
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01548705
IRS990ScheduleD/EquipmentGrp/BookValueAmt017573
IRS990ScheduleD/EquipmentGrp/DepreciationAmt028941
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt046514
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt070134
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt070134
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt035632
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt025617
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt061249
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0275146
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATED CORPORATION
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0868860
IRS990ScheduleD/OtherSecuritiesGrp/Desc0investment in vfsc
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IIAV is exempt from federal and state income taxes as a nonprofit organization under Section 501(c)(6) of the Internal Revenue Code and the tax statutes of the Commonwealth of Virginia and will be taxed only to the extent it has taxable trade or business income unrelated to its exempt purpose. The Company has determined that it does not have any material unrecognized tax benefits or obligations as of June 30, 2017 and 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01155608
IRS990ScheduleD/TotalBookValueSecuritiesAmt0868860
IRS990ScheduleD/TotalLiabilityAmt0275146
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0152855
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount013893
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt08337
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt015859
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BOB BRADSHAW
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President and CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0190944
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE COMPENSATION PACKAGE OF THE PRESIDENT AND CEO IS REVIEWED ANNUALLY BY AN ADMINISTRATIVE COMMITTEE.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Robert A. Yergey and Michael T. Yergey are brothers. Dennis C. Winfree is Adam C. Winfree's father.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There are two classes of membership: regular and associate membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2the nominating committee is made up of 5 regular members and the Chairman of the Board. regular members may recommend names of full-time employees, officers, partners, or sole proprietors of regular members to the nominating committee for its consideration as nominees for officer and voting directors. the officers and directors are elected by the regular members at the annual membership meeting or by electronic ballot.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3the nominating committee is made up of 5 regular members and the Chairman of the Board. regular members may recommend names of full-time employees, officers, partners, or sole proprietors of regular members to the nominating committee for its consideration as nominees for officer and voting directors. the officers and directors are elected by the regular members at the annual membership meeting or by electronic ballot.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A DRAFT FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS TO REVIEW PRIOR TO BEING FILED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AT THE JUNE BOARD OF DIRECTORS MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE COMPENSATION PACKAGE OF THE PRESIDENT AND CEO IS REVIEWED ANNUALLY BY AN ADMINISTRATIVE COMMITTEE. OTHER OFFICERS AND KEY EMPLOYEES' COMPENSATION IS DETERMINED BY THE PRESIDENT AND CEO IN ACCORDANCE WITH THE FISCAL PARAMETERS OF THE BUDGET WHICH IS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST REQUEST POLICY AND FINANCIAL STATEMENTS ARE ALL AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8the finance committee is responsible for the oversight of the review.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, line 15

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.61$0.35$2.26$1.12$1.31$0.18
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.84$0.41$2.43$1.18$1.18$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.80$0.45$2.35$1.29$1.13$0.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.80$0.48$2.32$1.43$1.12$0.31
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.52$2.14$1.36$0.93$0.43
2020Detailed filing. Detailed filing data is available for this year.$2.65$1.34$1.31$1.02$1.03$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.59$1.27$1.31$1.11$1.20$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.64$1.23$1.40$1.10$1.21$0.11
2017Detailed filing. Detailed filing data is available for this year.$2.56$1.08$1.48$1.06$1.16$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.81$1.23$1.58$1.13$1.14$0.02
2015Detailed filing. Detailed filing data is available for this year.$2.90$1.30$1.60$1.21$1.17$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.98$1.42$1.56$1.10$1.12$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.04$1.44$1.61$1.18
2012Summary only. Only limited summary data is available for this year.$3.03$1.48$1.55$1.16$1.19$0.03
2011Summary only. Only limited summary data is available for this year.$3.07$1.52$1.55$1.16$1.17$0.01
Peer Organizations

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