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Organizations Virginia Bankers Association

Virginia Bankers Association

Fiscal year ending 2024. Filed on November 14, 2025.

4490 Cox Rd
Glen Allen, Virginia 23060

Virginia Bankers Association (EIN: 54-0417722) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Virginia Bankers Association, a 501(c)(6) business league, reported compensation for 8 out of 34 total employees. Among the employees shown here, the average compensation is $288,148. The highest compensated employee at Virginia Bankers Association is Bruce Whitehurst with fiscal year 2024 compensation of $804,394.

Revenue, expenses, and employee compensation

Revenue

$2,057,791

Expenses

$1,542,723

Employee compensation

$1,100,559
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Bruce Whitehurst
President and Chief Executive Officer
$804,394
$400,172 $266,782 $137,440
Laurie Milligan
COO and President, VBA Benefits CORP
$330,928
$0 $300,594 $30,334
Matthew Bruning
Executive Vice President
$262,649
$159,116 $68,192 $35,341
Stacy Puckett
Chief Financial Officer
$240,730
$21,124 $190,114 $29,492
Demarion Johnston
General Counsel and CORP Secretary
$215,779
$81,529 $99,648 $34,602
John Snead
Vice President Member Services, VBA Benefits CORP
$165,004
$0 $148,130 $16,874
Tracy Ottinger
Senior Vice President, Member Services, VBA MSI
$161,616
$0 $143,801 $17,815
Chandler Owdom
Senior Vice President
$124,082
$49,365 $49,365 $25,352

Benchmark Employee Compensation

Non-Employee Board Members

Aubrey H Hall III
Board Member
Brandon C Lorey
Chairman GOVT Relations
Brian K Skinner
Board Member
Christopher W Bergstrom
Board Member
David P Boyle
Board Member
Dennis A Dysart
Chairman VBA Management Services
G Lyn Hayth III
Board Member
Gary R Shook
Chairman VBA Education Foundation
James R Black
Board Member
Janet N Tope
Board Member
John J Brough
Board Member
John R Caldwell
Chairman VBA Benefits CORP

Contractors

Holland & Knight
Legal
$120,000

Mission Statement

THE MISSION OF THE VBA IS TO ENHANCE BANKING'S ABILITY TO COMPETE EFFECTIVELY AND PROFITABLY IN THE MARKETPLACE.

Revisions to this organization profile

November 14, 2025:
2024 Virginia Bankers Association 990 filed
November 14, 2024:
2023 Virginia Bankers Association 990 filed
October 31, 2023:
2022 Virginia Bankers Association 990 filed

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Other organizations also named Virginia Bankers Association

Virginia Bankers Association Medical and
Glen Allen, Virginia
West Virginia Bankers Association Inc.
Charleston, West Virginia