Overview
What is Venture Richmond Inc?
Venture Richmond Inc, situated at 200 South Third Street in Richmond, Virginia, serves as a catalyst for community growth and vitality, primarily focusing on the downtown area. With a team of 36 individuals, the organization works closely with business and community leaders to drive economic development, marketing, promotion, advocacy, and events. One of their major initiatives is overseeing, planning, producing, marketing, and securing sponsorship for the annual Richmond Folk Festival. This event, held in downtown Richmond, generates revenue through support from service districts, a city arts and culture grant, and contributions. Venture Richmond Inc's primary mission is to promote and enhance the appeal of Richmond, providing resources that contribute to the city's overall prosperity.
Official website here: www.venturerichmond.com
Is Venture Richmond Inc legitimate?
Venture Richmond Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Venture Richmond Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $947,784
Professional Fundraising Fees: $0
Other Salaries and Wages: $248,488
For more financial information, click here
Official website here: www.venturerichmond.com
What is the mission statement of Venture Richmond Inc?
Venture Richmond Inc's mission is to engage business and community leaders in collaborating with the city to enhance the vitality of their community, with a focus on economic development, marketing, promotion, advocacy, and events. Particularly, they aim to improve the downtown area. They achieve this by partnering with the city to organize events, such as the Richmond Folk Festival, which they oversee, plan, produce, market, and secure sponsorships for. They receive support for this event from service districts, city arts and culture grants, and contributions.
Official website here: www.venturerichmond.com
Who is the CEO of Venture Richmond Inc?
Lisa W Sims is the Chairman of Venture Richmond Inc. The CEO's salary of Venture Richmond Inc is $212,598 and their total compensation is $244,136.
Official website here: www.venturerichmond.com
What is the revenue of Venture Richmond Inc?
Venture Richmond Inc's revenue in 2022 was $6,480,752.
Official website here: www.venturerichmond.com
Who are the executives of Venture Richmond Inc and what are their salaries?
The average compensation at Venture Richmond Inc during 2022 was $33,230. There are 36 employees and 1,200 volunteers at Venture Richmond Inc.
Here are 70 key members and their salaries (Venture Richmond Inc's CEO's salary is $212,598 and their total compensation is $244,136):
- Lisa Sims (Ceo)
- Lucy Meade (Director Of Economic Devel)
- Anedra Bourne (Deputy Executive Director)
- Max Hepp-Buchanan (Director Of Riverfront & D)
- Carol L Walls (Finance Manager)
- Stephen R Lecky (Director Of Events)
- Darius Johnson (Chairman) [Trustee/Director]
- Farhad Aghdami (Vice Chairman) [Trustee/Director]
- Levar M Stoney (President) [Trustee/Director]
- Devon Henry (Secretary) [Trustee/Director]
- Paula Pando (Treasurer) [Trustee/Director]
- Adam Harrell (Past Chairman) [Trustee/Director]
- Brian Jackson (General Counsel) [Trustee/Director]
- Makola Abdullah (Director)
- Neil Amin (Director)
- Ken Ampy (Director)
- John Baker (Director)
- Edward H Baine (Director)
- Becky Bareford (Director)
- John Bates (Director)
- Victor Branch (Director)
- Gerald Burr (Director)
- Kelly Chopus (Director)
- Sharon Dabney-Wooldridge (Director)
- Christine G Daniels (Director)
- Joi Dean (Director)
- Susan Dewey (Director)
- Carmina Drummond (Director)
- Candace C Formacek (Director)
- Moses Foster (Director)
- Thomas Gayner (Director)
- Thomas E Gottwald (Director)
- Douglas Granger (Director)
- Rick Gergory (Director)
- Kym Grinnage (Director)
- Kevin Hallock (Director)
- Monroe E Harris Jr Dmd (Director)
- Bruce R Hazelgrove Iii (Director)
- Ct Hill (Director)
- Connie Hom (Director)
- Mark Hourigan (Director)
- Chris Johnson (Director)
- Kenneth S Johnson (Director)
- Rob Jones (Director)
- Jason Kamras (Director)
- Greg Karawan (Director)
- Hakim Lucas (Director)
- Will Luckert (Director)
- Michael Manson (Director)
- Mark Merhige (Director)
- Floyd Miller (Director)
- Cynthia Newbille (Director)
- Sean O'Brien (Director)
- Leslie Parpart (Director)
- Burt Pinnock (Director)
- Michael Rao (Director)
- Jeff Ricketts (Director)
- Ellen Robertson (Director)
- Pamela Royal (Director)
- Lisa Ruggles (Director)
- Jacquelyn E Stone (Director)
- Dr Eugene Trani (Director)
- Chris Tsui (Director)
- James E Ukrop (Director)
- Ted Ukrop (Director)
- Massie Valentine (Director)
- Ned Valentine (Director)
- Marilyn West (Director)
- Robert Woltz (Director)
- Samuel Young (Director)
Official website here: www.venturerichmond.com
Where can I find the form 990 for Venture Richmond Inc?
The Venture Richmond Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.venturerichmond.com
Learn more at the official website: www.venturerichmond.com
Mission Statement of Venture Richmond Inc
Venture Richmond Inc, a nonprofit organization, is committed to engaging business and community leaders in collaborating with the city to enhance the vitality of their community, with a particular focus on downtown areas. They achieve this mission through economic development, marketing, promotion, advocacy, and events. Venture Richmond Inc acts as a catalyst, leveraging resources to promote downtown Richmond, Virginia.
In practice, Venture Richmond Inc plays a significant role in overseeing, planning, producing, marketing, and securing sponsorships for events such as the Richmond Folk Festival, which takes place in downtown Richmond. The festival is a key initiative for Venture Richmond Inc, attracting support from various sources, including Service Districts ($200,000), a grant from the City Arts & Culture ($166,000), and contributions ($109,625). By organizing such events, Venture Richmond Inc contributes to the vibrancy and appeal of the downtown area, thereby supporting the overall mission of enhancing the community's vitality.
Impact
This information is meant to be a general summary of Venture Richmond Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Venture Richmond Inc, through its activities in promoting downtown Richmond, Virginia, has a significant impact on the community. One notable initiative overseen by Venture Richmond is the Richmond Folk Festival, an event that brings together diverse communities through music and culture. The revenue generated from this event, including support from service districts, grants, and contributions, contributes to the economic development and vitality of downtown Richmond. By engaging business and community leaders in partnership with the city, Venture Richmond plays a key role in enhancing the community through economic development, marketing, promotion, advocacy, and events. This ultimately leads to improved community improvement and a more vibrant downtown area.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAMS AND EVENTS
Revenue
$2,350,660
PROPERTY OWNER ASSESSM
Revenue
$2,236,705
Organization Details
Founding Year
1984
Phone
(804) 788-6470
Principal Officer
Lisa W Sims
Main Address
200 SOUTH THRID STREET, RICHMOND, VA, 23219
Website
www.venturerichmond.com
NTEE Category
Code: S31 - Community improvement
If you are a representative of Venture Richmond Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.