VAA Annual Report 2020

02 ANNUAL REPORT 2020 2020 BY THE NUMBERS 400 Connected Live 124 Companies 20 Committees 1,600 VECAT Students Served 80 Proficiency Exams Given $55,000 $1,517,104 President’s Message When I was a teenager, I looked forward to each new birthday—another year older. Whether that was turning 16 to drive legally, 18 to vote, or 21 to—well, you know. But now, pushing 50, I want life to slow down. My kids are grown and moving on to bigger and better things. Time is precious, and it becomes more evident every day. However, this past year seemed to be one that would not end! A year that made me look forward to 2021, not with the excitement and anticipation of my youth—but praying 2021 would please be better than 2020. As we finished 2020, the national and state elections were behind us, and new COVID- 19 vaccines were rolling out, glimmers of hope for the upcoming year. Last year, we issued our first VAA Annual Report to add transparency to our activities and inform our members, partners, and others. As you read our second annual report, you will see the impact COVID-19 had on the Association’s finances and activities. Besides canceling many of the planned VAA events, members were impacted by the amount of work available. VECAT had to cancel in-person classes and move to remote learning. But regardless of the negatives, VAA staff were determined to fulfill the Association’s mission and found new avenues to provide services to members and the transportation community at large. This Annual Report will summarize the year that was and give a glimpse into 2021. In 2020, VAA hosted multiple events, produced a magazine and newsletter, and hosted a website and News Center. All were geared toward connecting members and providing the most current and innovative training and information. VAA is proud to count many asphalt industry companies as members. VAA represents and advocates for the asphalt industry tirelessly throughout the year. The VECAT partnership has served students both online and in the classroom using the latest in technology and innovation. Awarded in scholarships. Association reserves have steadily increased over the last decade. VAA has diversified its revenue stream to be less dependent on any one area: • Tonnage: 27% • Member Fees: 9% • Meetings: 6% • VECAT: 7% • Scholarship: 4% • Other: 43% • VAAES Income: 4% 100,000 Reached Through Virtual Meetings, Digital, & Print Media 35 Virtual & In Person Events 16 MCS Classes Taught 900 VDOT Credentials Awarded