NonprofitsVmi Alumni Agencies Board Inc

Education

Vmi Alumni Agencies Board Inc

LEXINGTON, VA

Total revenue

$5.5M

Total expenses

$6.8M

Net assets

$41.0M

Grants received

$4.3M

10 grants

EIN

541429093

Tax year

2024

Mission

To provide support for the virginia military institute (vmi), a state-supported school.

Financials

FY 2024

Revenue

Contributions & grants$454K
Program service revenue
Investment income$1.3M
Other revenue$3.7M
Total revenue$5.5M

Expenses

Grants paid$2.2M
Salaries & benefits$2.8M
Fundraising$1.6M
Other expenses$1.8M
Total expenses$6.8M
Total assets$111.7M
Net assets$41.0M

People

11 listed

NameRoleCompensation

David L Prasnicki

Chief Executive Officer

Board

$281K

40 hrs/wk

Crissy S Elliott

Chief Financial Officer

Board

$183K

40 hrs/wk

Kevin A Ryan

Financial Controller

Board

$164K

40 hrs/wk

Mr Thomas E Gottwald

Board Member

Board

5 hrs/wk

Mr Daniel P Thornton

Board Member

Board

5 hrs/wk

Mr William L Taliaferro Jr

Board Member

Board

5 hrs/wk

Mr William C Collier

Board Member

Board

5 hrs/wk

Mr Ernesto V Sampson Jr

Board Member

Board

5 hrs/wk

Mr Kelly M Sweppenhiser

Board Member

Board

5 hrs/wk

Mr Matthew R Hemenez

Chairman

Board

5 hrs/wk

Amy F Goetz

Chief Communications Officer

Staff

$136K

40 hrs/wk

Independent contractors

FLORA PETTIT PC

legal services

$190K

MCGUIREWOODS CONSULTING

Consulting services

$181K

Forvis Mazars LLP

accounting services

$111K

Grants received

Showing 10 of 10

FromAmountPurposeYear
$3.4M
Administrative Support
2024
$315K
Administrative Support
2024
$30K
GENERAL OPERATING SUPPORT
2024
$296K
ADMINISTRATIVE SUPPORT
2023
$500
merit and need-based scholarships in memory of Hunter Clarke
2023
$52K
For grant recipient's exempt purposes
2022
$6K
GENERAL SUPPORT
2022
$152K
ADMINISTRATIVE SUPPORT
2020
$23K
ADMINISTRATIVE SUPPORT
2020
$3K
EMPLOYEE MATCHING GIFTS
2020

Funded by

$4.3M from 7 funders · 10 grants · 2020–2024

VMI Foundation

$3.6M · 2 grants · 2020–2024

Vmi Keydet Club

$633K · 3 grants · 2020–2024

American Endowment Foundation

$30K · 1 grant · 2024

The Blackbaud Giving Fund

$6K · 1 grant · 2022

Duke Energy Foundation

$3K · 1 grant · 2020

JF Maddox Foundation

$500 · 1 grant · 2023

Details

EIN541429093
NTEE codeB11
Subsection03
Ruling date1988-02
Formed1978
Employees24
Volunteers0
VMI ALUMNI AGENCIES BOARD INC — Mission, Financials & Grants Received | Grantivo