Mission
TO SUPPORT AND EXPAND THE CHARITABLE ACTIVITES OF THE RETAIL MERCHANTS ASSOCIATION.
Public Charity
RETAIL ADVANCEMENT FUND
RETAIL ADVANCEMENT FUND is a Public Charity headquartered in RICHMOND, VA. Financial data from the 2025 filing: $200K revenue, $184K expenses, $95K total assets. 3 publicly reported grants to this organization, totaling roughly $682K, appear in IRS filings.
EIN: 843933913
RICHMOND, VA
Latest filing: 2025
Total Revenue$200K
Total Expenses$184K
Total Assets$95K
Grant Records3
Funding Total$682K
Filing Years2021–2025
Sample Grants Received
Program Support
$175,000
Mission Support
$207,000
MISSION SUPPORT
$300,000
Showing up to 5 of 3 total records — full history available with membership.
Officers & Directors
DIRECTOR
Aaron Montgomery
SECRETARY/TREASURER
Diana Mcmahon
DIRECTOR
Kevin Rearson
PRESIDENT/CEO
Nancy Thomas
DIRECTOR
Scott Aronson
DIRECTOR
Steve Rosser
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $200K | $184K | $95K |
| 2024 | $175K | $194K | $81K |
| 2023 | $200K | $263K | $100K |
| 2022 | $328K | $235K | $200K |
| 2021 | $268K | $279K | $142K |
Between 2021 and 2025, reported annual revenue declined from $268K to $200K (-25%), with total assets most recently reported at $95K.
Interactive year-over-year charts and full filing details available with membership.