2024-05-09T12:02:56-05:00 2023-12-31 540737372 PBMARES LLP 3957 WESTERRE PARKWAY SUITE 220 RICHMOND VA 23233 990 2023-01-01 540736931 VIRGINIA STATE GOLF ASSOCIATION VIRG 8043782300 2400 DOVERCOURT DRIVE MIDLOTHIAN VA 23113 MATTHEW SMILEY EXECUTIVE DIRECTOR 8043782300 2024-05-02 1 MATTHEW SMILEY 999009999 0 EDWARD T YODER CPA P00239134 8043230022 2024-05-02 X 0 AAL1 IAL1 2023 2023-04-26 12:10:37Z MATTHEW SMILEY 2400 DOVERCOURT DRIVE MIDLOTHIAN VA 23113 5808589 0 X WWW.VSGA.ORG X 1981 VA THE MISSION OF THE VIRGINIA STATE GOLF ASSOCIATION IS TO PROMOTE THE GAME OF GOLF AND SERVE THE NEEDS OF GOLF IN VIRGINIA. 18 18 20 136 269371 0 181460 411481 4096078 4415854 42296 118432 276895 297371 4596729 5243138 116393 181029 0 0 1231622 1460076 0 0 84554 2465423 2825501 3813438 4466606 783291 776532 4389068 5516920 1401854 1569265 2987214 3947655 THE MISSION OF THE VIRGINIA STATE GOLF ASSOCIATION IS TO PROMOTE THE GAME OF GOLF AND SERVE THE NEEDS OF GOLF IN VIRGINIA. 0 0 3745687 181029 4443854 THE VSGA ENGAGES IN A WIDE RANGE OF ACTIVITIES DESIGNED TO EDUCATE CURRENT AND FUTURE GOLFERS, AS WELL AS ENGOURAGE PARTICIPATION, AND FOSTER THE ENJOYMENT, OF BOTH RECREATIONAL AND COMPETITIVE GOLF. AS THE GOVERNING BODY OF AMATEUR GOLF IN VIRGINIA, THE VSGA CONDUCTS INDIVIDUAL CHAMPIONSHIPS FOR MEN, WOMEN AND JUNIORS, ALONG WITH A SERIES OF ONE-DAY EVENTS FOR THE CASUAL GOLFER AND A JUNIOR GOLF CIRCUIT FOR THE YOUNGER GOLFER WHO IS GETTING INTRODUCED TO COMPETITION. BROADLY SPEAKING, VSGA ACTIVITIES INCLUDE ATHLETIC ADMINISTRATION, SUPPORT SERVICES, AND EDUCATION. 3745687 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 31 0 20 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X KARYN TANCREDI 8043782300 2400 DOVERCOURT DRIVE MIDLOTHIAN VA 23113 ANNA GREEVER PRESIDENT 3.00 2.00 X X 5000 0 0 BRIAN MALONEY VICE PRESIDENT 3.00 X X 0 0 0 CRAIG GROENENDAAL SECRETARY / TREASURER 3.00 2.00 X X 0 0 0 GARY BECK IMMEDIATE PAST PRESIDENT 3.00 X X 0 0 0 SOMSAK CHIVAVIBUL DIRECTOR 3.00 2.00 X 0 0 0 MARK COTE DIRECTOR 3.00 X 0 0 0 KATIE COX DIRECTOR 3.00 X 0 0 0 KRISTIN SHIFFLETT DIRECTOR 3.00 X 0 0 0 GLENN GRAY DIRECTOR 3.00 X 0 0 0 LAUREN GREENLIEF DIRECTOR 3.00 X 0 0 0 DUNCAN HARDCASTLE DIRECTOR 3.00 X 0 0 0 VERNON INGE DIRECTOR 3.00 X 0 0 0 JAMES GALLAGHER DIRECTOR 3.00 X 0 0 0 MARK RAPER DIRECTOR 3.00 X 0 0 0 CAMERON ROBINETT DIRECTOR 3.00 X 0 0 0 WILLIAM T SAUNDERS DIRECTOR 3.00 X 0 0 0 STEPHEN WHITFIELD DIRECTOR 3.00 X 0 0 0 BERT WILSON DIRECTOR 3.00 X 0 0 0 MATT SMILEY EXECUTIVE DIRECTOR 40.00 2.00 X 234500 0 28301 239500 0 28301 1 0 1 0 0 411481 411481 HANDICAP PROGRAM 711300 2162220 2162220 TOURNAMENT REVENUES 711300 1408114 1408114 VIP PROGRAMS 711300 657416 657416 OTHER MEMBER SERVICES 711300 188104 188104 4415854 135546 135546 541337 7000 556512 8939 -15175 -1939 -17114 -17114 ADVERTISING 541800 269371 269371 MANAGEMENT FEES 711300 28000 28000 297371 5243138 4443854 269371 118432 181029 181029 234500 82075 128975 23450 947863 766832 138522 42509 192076 147382 34385 10309 85637 63370 17730 4537 30850 30850 8779 8779 178452 178452 119235 119235 61867 50592 9151 2124 363350 281691 81659 180013 180013 27357 27357 128605 125487 2629 489 28208 28208 79742 75091 4651 18287 18287 TOURNAMENT EXPENSES 1106789 1106789 VIRGINIA GOLFER PUBLICA 316558 316558 BANK CHARGES 59702 1149 58553 SUPPLIES 54712 44278 9298 1136 62995 25664 37331 4466606 3745687 636365 84554 253113 1143843 1872276 535 4681 47128 86319 17229 13282 135000 145245 1867192 596473 1315840 1270719 1449547 2089642 10115 21381 16718 13375 4389068 5516920 298025 347286 353398 524849 733713 683275 16718 13855 1401854 1569265 X 2693246 3282456 293968 665199 2987214 3947655 4389068 5516920 776532 183909 0 X 0 1 X 1 0 X 78492 348426 181460 411481 1019859 17957 3154647 3758895 4126077 4713225 15770801 17957 3233139 4107321 4307537 5124706 16790660 6800 10114 7773 12514 37201 0 6800 10114 7773 12514 37201 16753459 8889 24976 37354 45038 135546 251803 8889 24976 37354 45038 135546 251803 26846 3258115 4144675 4352575 5260252 17042463 0.98300 0.98800 0.01480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 343932 343932 1107768 217041 890727 133709 125674 8035 281783 253758 28025 1270719 LEASE LIABILITY 13855 13855 X PART X, LINE 2: MANAGEMENT HAS DETERMINED THAT THE ASSOCIATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE FOUNDATION'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE FOUNDATION WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES, AND INTEREST AS A RESULT OF SUCH CHALLENGE. 1 VSGA - VIP SCHOLARSHIP FOUNDATION 2400 DOVERCOURT DRIVER MIDLOTHIAN VA 23113 521330462 163893 0 GENERAL SUPPORT, CONTRIBUTION TO SPENCER-WILKINSON, MILITARY SCHOLARSHIP, FLEMING & MICHAEL WISE SCHOLARSHIP FUNDS VIRGINIA GOLF HALL OF FAME INC 2400 DOVERCOURT DRIVER MIDLOTHIAN VA 23113 812085474 17136 0 GENERAL SUPPORT, INDUCTION CEREMONY AND OPERATIONS PART I, LINE 2: THE VSGA MONITORS THE USE OF GRANT FUNDS PROVIDED TO THE VSGA-VIP SCHOLARSHIP FOUNDATION AND VIRGINIA GOLF HALL OF FAME, INC. THROUGH THE MANAGEMENT SERVICES THAT IT PROVIDES. THESE MANAGEMENT SERVICES INCLUDE BOOKKEEPING FUNCTIONS AND FINANCIAL REVIEWS. X X X 0 0 0 1 0 1 0 0 0 MATT SMILEY EXECUTIVE DIRECTOR 176000 0 58500 0 0 0 22488 0 5813 0 262801 0 0 0 PART I, LINE 5 THE EXECUTIVE DIRECOR RECEIVED A BONUS IN 2023 THAT WAS BASED ON HIS 2022 PERFORMANCE, PARTICIPATION IN VSGA PROGRAMS AND THE OPERATING SURPLUS OF THE VSGA. PART I, LINE 6 THE EXECUTIVE DIRECOR RECEIVED A BONUS IN 2023 THAT WAS BASED ON HIS 2022 PERFORMANCE, PARTICIPATION IN VSGA PROGRAMS AND THE OPERATING SURPLUS OF THE VSGA. FORM 990, PART VI, SECTION A, LINE 6 THE VSGA IS AN ORGANIZATION OF MEMBER CLUBS WHOSE MEMBERS (APPROXIMATELY 72,000+) ARE MEMBERS OF THE VSGA. THERE ARE TWO CATEGORIES OF MEMBERS: REGULAR CLUBS AND SOCIAL GOLF GROUPS. FORM 990, PART VI, SECTION A, LINE 7A MEMBER CLUBS (DELEGATES) HAVE A VOTING RIGHT TO ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY A CPA FIRM AND REVIEWED BY THE DIRECTOR OF FINANCE AND THE EXECUTIVE DIRECTOR. IT IS ALSO REVIEWED BY THE PRESIDENT AND/OR THE TREASURER OF THE VSGA. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE PROVIDED WITH A COPY OF THE POLICY AND ANNUALLY REQUIRED TO SIGN AN ACKNOWLEDGEMENT THAT THEY WILL COMPLY WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15A ON AN ANNUAL BASIS, THE EXECUTIVE DIRECTOR'S SALARY AND INCENTIVE COMPENSATION IS REVIEWED BY THE CHAIRMAN OF THE PERSONNEL COMMITTEE AND THE EXECUTIVE COMMITTEE. IT IS THEN APPROVED AND OFFERED BY THE PRESIDENT OF THE VSGA AND INCORPORATED INTO THE ANNUAL BUDGET AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FORM 990 ARE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST. VSGA-VIP SCHOLARSHIP FOUNDATION 2400 DOVERCOURT DRIVE MIDLOTHIAN VA 23113 521330462 PROVIDE SCHOLARSHIPS VA 501(C)(3) LINE 10 VIRGINIA STATE GOLF ASSOCIATION 0 VIRGINIA GOLF HALL OF FAME INC 2400 DOVERCOURT DRIVE MIDLOTHIAN VA 23113 812085474 EDUCATION OF GOLF HISTORY VA 501(C)(3) LINE 10 VIRGINIA STATE GOLF ASSOCIATION 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 VSGA-VIP SCHOLARSHIP FOUNDATION B 163893 CASH VIRGINIA GOLF HALL OF FAME INC B 17136 CASH VSGA-VIP SCHOLARSHIP FOUNDATION C 229081 CASH VSGA-VIP SCHOLARSHIP FOUNDATION L 28000 CASH