VENTURE RICHMOND INC Charity Report

Public IRS 990 nonprofit record

VENTURE RICHMOND INC

EIN 52-1256458 · Urban & Community Economic Development (S31)

What they do

VENTURE RICHMOND ENGAGES BUSINESS and COMMUNITY LEADERS IN PARTNERING WITH THE CITY to ENHANCE THE VITALITY of THE COMMUNITY, PARTICULARLY DOWNTOWN, THROUGH ECONOMIC DEVELOPMENT, MARKETING, PROMOTION, ADVOCACY and EVENTS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders61 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

58.25%of revenue went to mission work92.7% of expenses · Program services

2.68%of revenue went to fundraising4.3% of expenses

$62.85spent for every $100 of revenueRevenue covered expenses this year.

1.92%of revenue went to management and office costs3.0% of expenses

$1.66in assets for every $1 spent this yearSome assets cannot be spent right away.

64.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $345,801 for LISA SIMS (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$13,740,813

Mission workProgram services$8,004,03458.25% of revenue92.7% of expenses

ManagementOffice and general costs$263,3701.92% of revenue3.0% of expenses

FundraisingAsking for donations$368,2322.68% of revenue4.3% of expenses

Total expenses$8,635,63662.85% of revenue

The uncolored part of the ring is revenue above these reported expenses.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202592.7% mission

202492.4% mission

202395.7% mission

202295.2% mission

202195.0% mission

202092.9% mission

201994.0% mission

201894.4% mission

Money in and money out

Revenue$13,740,813

Expenses$8,635,636

Annual surplus $5,105,177 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$8,004,034 · 92.7% of expenses

Management and office costs$263,370 · 3.0% of expenses

Fundraising$368,232 · 4.3% of expenses

See all reported dollar amounts

Revenue$13,740,813

Expenses$8,635,636

Assets$14,371,999

Income$13,742,034

Contributions$8,809,395

Mission work (program services)$8,004,034

Fundraising$368,232

Grants given$126,000

Average grant$8,400

Management and general$263,370

Accounting fees$48,979

People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LISA SIMSPRESIDENT & CEO · 40 hrs/week $345,801Base $312,171 · Other $33,630

LUCY MEADEDIRECTOR OF ECONOMIC DEVEL · 40 hrs/week $209,382Base $188,409 · Other $20,973

ANEDRA BOURNEDEPUTY EXECUTIVE DIRECTOR · 40 hrs/week $197,373Base $178,281 · Other $19,092

STEPHEN R LECKYDIRECTOR OF EVENTS · 40 hrs/week $178,371Base $161,570 · Other $16,801

CAROL L WALLSFINANCE MANAGER · 40 hrs/week $154,146Base $143,526 · Other $10,620

RENEE GAINESOFFICE ADMINISTRATOR · 40 hrs/week $140,973Base $129,343 · Other $11,630

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (61)

LISA SIMSPRESIDENT & CEO

LUCY MEADEDIRECTOR OF ECONOMIC DEVEL

ANEDRA BOURNEDEPUTY EXECUTIVE DIRECTOR

STEPHEN R LECKYDIRECTOR OF EVENTS

CAROL L WALLSFINANCE MANAGER

RENEE GAINESOFFICE ADMINISTRATOR

LESLIE PARPARTDIRECTOR

LESTER JOHNSONDIRECTOR

LEWANDA SIMS-GALLIMOREDIRECTOR

LISA RUGGLESDIRECTOR

VICTOR BRANCHDIRECTOR

KYM D GRINNAGEDIRECTOR

MAKOLA ABDULLAHDIRECTOR

MASSIE VALENTINEDIRECTOR

MICHAEL HENLEYDIRECTOR

MICHAEL MANSONDIRECTOR

MICHAEL RAODIRECTOR

MICHAEL WILLIAMSDIRECTOR

MONROE E HARRIS JR DMDDIRECTOR

NED VALENTINEDIRECTOR

NEIL AMINDIRECTOR

PAT COLLINSDIRECTOR

PAULA PANDOTREASURER

RICK GREGORYDIRECTOR

ROB JONESDIRECTOR

SAMUEL YOUNGDIRECTOR

SHARON DABNEY-WOOLDRIDGEDIRECTOR

SHAWN OBRIENDIRECTOR

SHERRIE ARMSTRONGDIRECTOR

TED UKROPDIRECTOR

THOMAS GAYNERDIRECTOR

ADRIENNE WRIGHTDIRECTOR

DOUGLAS S GRANGERDIRECTOR

BECKY BAREFORDDIRECTOR

BEN DESSARTDIRECTOR

BRIAN JACKSONGENERAL COUNSEL

BURT PINNOCKDIRECTOR

CHARLES MACFARLANEDIRECTOR

CHRIS ACCASHIANDIRECTOR

CHRIS JOHNSONDIRECTOR

CHRIS TSUIDIRECTOR

CHRISTINE G DANIELSDIRECTOR

CONNIE HOMDIRECTOR

CYNTHIA NEWBILLEDIRECTOR

DANNY AVULAVICE CHAIRMAN

DARIUS JOHNSONPAST CHAIRMAN

DEVON HENRYVICE CHAIRMAN

KEVIN HALLOCKDIRECTOR

EDWARD H BAINEDIRECTOR

ELLEN ROBERTSONDIRECTOR

FARHAD AGHDAMICHAIRMAN

FLOYD MILLERDIRECTOR

GERALD BURR JRDIRECTOR

HAKIM LUCASDIRECTOR

JACQUELYN E STONEDIRECTOR

JANET WIGLESWORTHDIRECTOR

JASON KAMRASDIRECTOR

JOHN BAKERDIRECTOR

JOHN BUCKBEEDIRECTOR

JOI DEANSECRETARY

KELLY CHOPUSDIRECTOR

About this charity

Recognized since: January 1982
Location: 200 SOUTH THIRD STREET, RICHMOND, VA 23219
County: City of Richmond
In care of: LISA W SIMS
Primary officer: LISA W SIMS, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Phone(804) 788-6470

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: KEITER STEPHENS HURST GARY & SHREAVES
NTEE classification: Urban & Community Economic Development (S31)
IRS tax category: Urban & Community Economic Development
Grant-giving organization: Yes