Nonprofit · EIN 54-0943990
VIRGINIA GOLD CUP ASSOCIATION INC
Tax-exempt · WARRENTON, VA 20188
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,553,026 | $2,588,616 | -$35,590 | $276,928 | $376,935 | -$100,007 |
| December 31, 2024 | 990 | $2,216,532 | $2,342,100 | -$125,568 | $212,049 | $281,288 | -$69,239 |
| December 31, 2023 | 990 | $2,101,715 | $2,227,152 | -$125,437 | $241,872 | $190,650 | $51,222 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,667,609
- Investment income
- $18
- Net income from gaming
- -$107,400
- Net income from sales of inventory
- -$7,701
- Other revenue
- -$114,601
Expenses
- Grants and similar amounts paid
- $9,100
- Other salaries and wages
- $181,980
- Salaries, compensation and benefits (total)
- $195,743
- Professional fundraising fees
- $0
- Legal fees
- $6,139
- Accounting fees
- $17,343
- Occupancy
- $8,104
- Travel
- $2,094
- Depreciation
- $13,202
- Program services (functional)
- $2,252,234
- Management and general (functional)
- $336,382
Balance sheet and other
- Total assets, start of year
- $212,049
- Total assets, end of year
- $276,928
- Total liabilities, end of year
- $376,935
- Net assets, end of year
- -$100,007
- Land, buildings and equipment
- $16,683
- Publicly traded securities
- $86,828
- Net assets without donor restrictions
- -$100,007
- Gross receipts
- $2,733,266
- Employees
- 2
- Volunteers
- 63
- Year formed
- 1923
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS ESHELMAN | EXECUTIVE DIRECTOR Officer | 40 | $104,682 |
| WILLIAM ALLISON | PRESIDENT Trustee or director, Officer | 15 | $0 |
| ALFRED C GRIFFIN | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| G WAYNE EASTHAM | TREASURER Trustee or director, Officer | 2 | $0 |
| MARSHALL D DOELLER | SECRETARY Trustee or director, Officer | 1 | $0 |
| JEFFREY L LEHEW | BOARD MEMBER Trustee or director | 0.2 | $0 |
| MARGARET CHURCH LITTLETON | BOARD MEMBER Trustee or director | 0.2 | $0 |
| MARK HYSON | BOARD MEMBER Trustee or director | 0.2 | $0 |
| CHARLES H SEILHEIMER | BOARD MEMBER Trustee or director | 0.2 | $0 |
| RICHARD WALLACH | BOARD MEMBER Trustee or director | 0.2 | $0 |
| MAXIMILIAN TUFTS III | BOARD MEMBER Trustee or director | 0.2 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM ALLISON | PRESIDENT Trustee or director, Officer | 15 | $0 |
| ALFRED C GRIFFIN | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| G WAYNE EASTHAM | TREASURER Trustee or director, Officer | 2 | $0 |
| MARSHALL D DOELLER | SECRETARY Trustee or director, Officer | 1 | $0 |
| JEFFREY L LEHEW | BOARD MEMBER Trustee or director | 0.2 | $0 |
| MARGARET CHURCH LITTLETON | BOARD MEMBER Trustee or director | 0.2 | $0 |
| MARK HYSON | BOARD MEMBER Trustee or director | 0.2 | $0 |
| ERNEST M OARE | BOARD MEMBER Trustee or director | 0.2 | $0 |
| CHARLES H SEILHEIMER | BOARD MEMBER Trustee or director | 0.2 | $0 |
| RICHARD WALLACH | BOARD MEMBER Trustee or director | 0.2 | $0 |
| DON YOVANOVICH | BOARD MEMBER Trustee or director | 0.2 | $0 |
| MAXIMILIAN TUFTS III | BOARD MEMBER Trustee or director | 0.2 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM ALLISON | PRESIDENT Trustee or director, Officer | 15 | $0 |
| ALFRED C GRIFFIN | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| G WAYNE EASTHAM | TREASURER Trustee or director, Officer | 2 | $0 |
| MARSHALL D DOELLER | SECRETARY Trustee or director, Officer | 1 | $0 |
| JEFFREY L LEHEW | BOARD MEMBER Trustee or director | 0.2 | $0 |
| MARGARET CHURCH LITTLETON | BOARD MEMBER Trustee or director | 0.2 | $0 |
| MARK HYSON | BOARD MEMBER Trustee or director | 0.2 | $0 |
| ERNEST M OARE | BOARD MEMBER Trustee or director | 0.2 | $0 |
| CHARLES H SEILHEIMER | BOARD MEMBER Trustee or director | 0.2 | $0 |
| RICHARD WALLACH | BOARD MEMBER Trustee or director | 0.2 | $0 |
| DON YOVANOVICH | BOARD MEMBER Trustee or director | 0.2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 840, WARRENTON, VA 20188-0840
- Principal officer (990 for 2025)
- G WAYNE EASTHAM, PO BOX 840, WARRENTON, VA 20188
- Signed the 990
- G WAYNE EASTHAM, TREASURER
- Phone
- (540) 347-2612
- Website
- WWW.VAGOLDCUP.COM
- Return prepared by
- PBMARES LLP
Mission
THE VIRGINIA GOLD CUP ASSOCIATION WAS ORGANIZED IN 1923 TO STIMULATE INTEREST IN AND TO PROMOTE STEEPLECHASE RACING IN VIRGINIA. THE ASSOCIATION STRIVES TO PROVIDE AN ENVIRONMENT FOR SOCIAL RECREATION, WHERE OBSERVERS CAN ENJOY THE ENTERTAINMENT OF STEEPLECHASE RACING. VGCA ENCOURAGES SPORTSMANSHIP AND GOOD FELLOWSHIP AMONG THOSE PERSONS PARTICIPATING IN THE SPORT. FURTHERMORE, THE ASSOCIATION IS DEDICATED TO MAINTAINING A FACILITY FOR HOLDING STEEPLECHASE RACES.
Program accomplishments
- THE ASSOCIATION HISTORICALLY ORGANIZES AND PROMOTES TWO ANNUAL STEEPLECHASE RACES IN FAUQUIER COUNTY, VIRGINIA.Expenses $2,243,097 · revenue $2,660,408
- CONTRIBUTIONS TO LOCAL NON-PROFIT ORGANIZATIONS.Expenses $9,137 · grants $9,100
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-0943990
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1975
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $276,928
- Income (IRS master file)
- $2,733,266
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,553,026 | $2,588,616 | $276,928 | XML |
| 990 | December 2024 | $2,216,532 | $2,342,100 | $212,049 | XML |
| 990 | December 2023 | $2,101,715 | $2,227,152 | $241,872 | XML |
| 990 | December 2022 | $2,013,976 | $1,758,043 | $325,011 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-0943990).
Questions about VIRGINIA GOLD CUP ASSOCIATION INC
- What is the EIN of VIRGINIA GOLD CUP ASSOCIATION INC?
- The employer identification number (EIN) of VIRGINIA GOLD CUP ASSOCIATION INC is 54-0943990.
- Is VIRGINIA GOLD CUP ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1975.
- Are donations to VIRGINIA GOLD CUP ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does VIRGINIA GOLD CUP ASSOCIATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VIRGINIA GOLD CUP ASSOCIATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VIRGINIA GOLD CUP ASSOCIATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of VIRGINIA GOLD CUP ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 names G WAYNE EASTHAM.
- Who are the officers and directors of VIRGINIA GOLD CUP ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 lists 11 people; 1 received compensation from the organization, the highest $104,682 (THOMAS ESHELMAN, EXECUTIVE DIRECTOR).
- How much revenue does VIRGINIA GOLD CUP ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,553,026, expenses of $2,588,616 and total assets of $276,928 at year end.
Other nonprofits in WARRENTON
- RAINFOREST TRUST EIN 13-3500609 · last filed 990 for 2025
- VIRGINIA EQUINE ALLIANCE EIN 47-2280629 · last filed 990 for 2025
- FAUQUIER HEALTH FOUNDATION EIN 30-0219424 · last filed 990-PF for 2025
- VIRGINIA AFFILIATE OF THE HORSEMANS BENEVOLENT & PROTECTIVE ASSOC INC EIN 54-1709849 · last filed 990 for 2025
- HIGHLAND SCHOOL INC EIN 54-0699812 · last filed 990 for 2025
- ASSOCIATION OF SMALL BUSINESS DEVELOPMENT CENTERS EIN 01-0365191 · last filed 990 for 2024
- PIEDMONT ENVIRONMENTAL COUNCIL EIN 54-0935569 · last filed 990 for 2024
- CORNERSTONE MISSIONS INC EIN 20-0179114 · last filed 990 for 2024