VENTURE RICHMOND INC

EIN: 521256458 501(c)(3) Community Improvement

RICHMOND, VA

Total Revenue
$13,740,813
Total Expenses
$8,635,636
Total Assets
$14,371,999
Net Assets
$13,753,073
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
VA
Principal Officer
LISA W SIMS
Phone
8047886470
Tax Period
2025-01-01 to 2025-12-31

VENTURE RICHMOND INC, founded in 1984, is a community nonprofit in the Community Improvement sector that reported $6.0M in total revenue in fiscal year 2018.

Mission

PROVIDE RESOURCES TO PROMOTE DOWNTOWN RICHMOND, VIRGINIA

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $8,809,395
Program Service Revenue $4,821,859
Investment Income $109,559
Other Revenue $0
TOTAL REVENUE $13,740,813

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,174,182
Fundraising Expenses $368,232
Program Expenses $8,004,034
Other Expenses $6,461,454
TOTAL EXPENSES $8,635,636

Year-over-Year Comparison

2025 2024 Change
Revenue $13,740,813 $8,613,555 +0.6%
Expenses $8,635,636 $7,889,259 +0.1%
Net Income $5,105,177 $724,296 +6.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
55
Independent Members
55
Employees
41
Volunteers
900

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$345,801
Total Directors
55
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FARHAD AGHDAMI CHAIRMAN 5.00
Officer Director
$0 $0 $0
DEVON HENRY VICE CHAIRMAN 5.00
Officer Director
$0 $0 $0
DANNY AVULA VICE CHAIRMAN 5.00
Officer Director
$0 $0 $0
JOI DEAN SECRETARY 5.00
Officer Director
$0 $0 $0
PAULA PANDO TREASURER 5.00
Officer Director
$0 $0 $0
DARIUS JOHNSON PAST CHAIRMAN 5.00
Officer Director
$0 $0 $0
BRIAN JACKSON GENERAL COUNSEL 5.00
Officer Director
$0 $0 $0
MAKOLA ABDULLAH DIRECTOR 2.00
Director
$0 $0 $0
CHRIS ACCASHIAN DIRECTOR 2.00
Director
$0 $0 $0
NEIL AMIN DIRECTOR 2.00
Director
$0 $0 $0
SHERRIE ARMSTRONG DIRECTOR 2.00
Director
$0 $0 $0
JOHN BAKER DIRECTOR 2.00
Director
$0 $0 $0
EDWARD H BAINE DIRECTOR 2.00
Director
$0 $0 $0
BECKY BAREFORD DIRECTOR 2.00
Director
$0 $0 $0
VICTOR BRANCH DIRECTOR 2.00
Director
$0 $0 $0
JOHN BUCKBEE DIRECTOR 2.00
Director
$0 $0 $0
GERALD BURR JR DIRECTOR 2.00
Director
$0 $0 $0
KELLY CHOPUS DIRECTOR 2.00
Director
$0 $0 $0
PAT COLLINS DIRECTOR 2.00
Director
$0 $0 $0
SHARON DABNEY-WOOLDRIDGE DIRECTOR 2.00
Director
$0 $0 $0
CHRISTINE G DANIELS DIRECTOR 2.00
Director
$0 $0 $0
BEN DESSART DIRECTOR 2.00
Director
$0 $0 $0
LEWANDA SIMS-GALLIMORE DIRECTOR 2.00
Director
$0 $0 $0
THOMAS GAYNER DIRECTOR 2.00
Director
$0 $0 $0
DOUGLAS S GRANGER DIRECTOR 2.00
Director
$0 $0 $0
RICK GREGORY DIRECTOR 2.00
Director
$0 $0 $0
KYM D GRINNAGE DIRECTOR 2.00
Director
$0 $0 $0
KEVIN HALLOCK DIRECTOR 2.00
Director
$0 $0 $0
MONROE E HARRIS JR DMD DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL HENLEY DIRECTOR 2.00
Director
$0 $0 $0
CONNIE HOM DIRECTOR 2.00
Director
$0 $0 $0
CHRIS JOHNSON DIRECTOR 2.00
Director
$0 $0 $0
LESTER JOHNSON DIRECTOR 2.00
Director
$0 $0 $0
ROB JONES DIRECTOR 2.00
Director
$0 $0 $0
JASON KAMRAS DIRECTOR 2.00
Director
$0 $0 $0
HAKIM LUCAS DIRECTOR 2.00
Director
$0 $0 $0
CHARLES MACFARLANE DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL MANSON DIRECTOR 2.00
Director
$0 $0 $0
FLOYD MILLER DIRECTOR 2.00
Director
$0 $0 $0
CYNTHIA NEWBILLE DIRECTOR 2.00
Director
$0 $0 $0
SHAWN O'BRIEN DIRECTOR 2.00
Director
$0 $0 $0
LESLIE PARPART DIRECTOR 2.00
Director
$0 $0 $0
BURT PINNOCK DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL RAO DIRECTOR 2.00
Director
$0 $0 $0
ELLEN ROBERTSON DIRECTOR 2.00
Director
$0 $0 $0
LISA RUGGLES DIRECTOR 2.00
Director
$0 $0 $0
JACQUELYN E STONE DIRECTOR 2.00
Director
$0 $0 $0
CHRIS TSUI DIRECTOR 2.00
Director
$0 $0 $0
TED UKROP DIRECTOR 2.00
Director
$0 $0 $0
MASSIE VALENTINE DIRECTOR 2.00
Director
$0 $0 $0
NED VALENTINE DIRECTOR 2.00
Director
$0 $0 $0
JANET WIGLESWORTH DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL WILLIAMS DIRECTOR 2.00
Director
$0 $0 $0
ADRIENNE WRIGHT DIRECTOR 2.00
Director
$0 $0 $0
SAMUEL YOUNG DIRECTOR 2.00
Director
$0 $0 $0
LISA SIMS PRESIDENT & CEO 40.00
Officer
$312,171 $33,630 $345,801
LUCY MEADE DIRECTOR OF ECONOMIC DEVEL 40.00
Highest
$188,409 $20,973 $209,382
ANEDRA BOURNE DEPUTY EXECUTIVE DIRECTOR 40.00
Highest
$178,281 $19,092 $197,373
STEPHEN R LECKY DIRECTOR OF EVENTS 40.00
Highest
$161,570 $16,801 $178,371
CAROL L WALLS FINANCE MANAGER 40.00
Highest
$143,526 $10,620 $154,146
RENEE GAINES OFFICE ADMINISTRATOR 40.00
Highest
$129,343 $11,630 $140,973
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $13,740,813 $8,635,636 $14,371,999 $5,105,177
2024 No data No data No data No data
2023 $8,083,211 $7,129,387 $8,212,240 $953,824
2022 $6,480,752 $6,420,670 $7,214,267 $60,082
2021 $5,575,003 $5,375,797 $7,025,585 $199,206
2020 $4,054,204 $3,661,711 $6,819,558 $392,493
2019 $6,025,855 $5,957,908 $6,448,388 $67,947
2018 $5,975,009 $5,871,527 $6,383,212 $103,482
Explore More Nonprofits
→Top 100 Nonprofits in Virginia →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare VENTURE RICHMOND INC with other nonprofits in Virginia and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.