EIN 54-1094907

Virginia Association of Community Banks

IRS 501(c) type
501(c)(6)
Num. employees
3
Year formed
1977
Most recent tax filings
2023-12-01
Description
Virginia Association of Community Banks promotes independent community banking through undiluted advocacy, targeted education, and quality collaboration for its 57 member banks and 64 affiliated companies. The association provides comprehensive education on banking compliance, regulation, and operations through 67 seminars, 393 virtual seminars, and 442 teleseminars with an attendance of around 902 representatives from member banks. Its programs help members compete and achieve operational efficiency.
Total revenues
$727,075
2023
Total expenses
$777,561
2023
Total assets
$597,629
2023
Num. employees
3
2023

Program areas at Virginia Association of Community Banks

A. advocacy- 52 Banks and 43 affiliated companies were members in 2023. The programs promote independent Community banking, help members compete and obtain operating efficiency.
C. annual meeting - provided for members and others associated with Community Banks to learn about new products and ideas through activities - attendance 199.
B. Education and seminars - provided 8 seminars, 32 virtual seminars, and 179 webinars on areas of banking compliance, regulation and banking operations - attendance included 1,188 total representatives of member Banks.

Personnel at Virginia Association of Community Banks

NameTitleCompensation
Steven C. YeakelPresident and Chief Executive Officer$179,564
Katharine C. Garner VacbVice President, Education and Communications
Steve YeakelPast President and Chief Executive Officer$138,268
Tara Y. HarrisonBoard Member$0
Joseph R. WittCPA President , Financial Services$0
...and 12 more key personnel

Financials for Virginia Association of Community Banks

RevenuesFYE 12/2023
Total grants, contributions, etc.$22,927
Program services$559,559
Investment income and dividends$9,891
Tax-exempt bond proceeds$0
Royalty revenue$126,049
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$8,152
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$497
Total revenues$727,075

Form 990s for Virginia Association of Community Banks

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-09990View PDF
2022-122023-08-15990View PDF
2021-122022-05-12990View PDF
2020-122021-03-16990View PDF
2019-122020-10-16990View PDF
...and 9 more Form 990s
Data update history
May 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Updated personnel
Identified 1 new personnel
April 10, 2024
Updated personnel
Identified 9 new personnel
October 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Trade associationsBusiness and community development organizations
Issues
Community improvementBusiness and industry
Characteristics
MembershipsFundraising eventsState / local levelFundraising races, competitions, and tournaments
General information
Address
7204 Glen Forest Dr 101
Richmond, VA 23226
Metro area
Richmond, VA
County
Henrico County, VA
Website URL
vacb.org/ 
Phone
(804) 673-8250
IRS details
EIN
54-1094907
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1977
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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