2024-07-15T15:37:56-05:00 2023-12-31 541631262 KEITER STEPHENS HURST GARY & SHREAVES 4401 DOMINION BLVD GLEN ALLEN VA 23060 990 2023-01-01 521256458 VENTURE RICHMOND INC VENT 8047886470 200 SOUTH THIRD STREET RICHMOND VA 23219 LISA W SIMS CEO 8047886470 2024-06-13 1 LISA SIMS 999009999 1 VIRGINIA R BELCHER P00421964 8047470000 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z LISA W SIMS 200 SOUTH THIRD STREET RICHMOND VA 23219 8083211 0 X WWW.VENTURERICHMOND.COM X 1984 VA PROVIDE RESOURCES TO PROMOTE DOWNTOWN RICHMOND, VIRGINIA 56 56 39 1000 0 0 1893203 3229214 4587365 4853734 184 263 0 0 6480752 8083211 100000 0 0 0 1543691 1626322 0 0 116399 4776979 5503065 6420670 7129387 60082 953824 7214267 8212240 244491 288640 6969776 7923600 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. 0 0 1846964 1438139 RICHMOND FOLK FESTIVAL - OVERSEE, PLAN, PRODUCE, MARKET & SPONSORSHIP OF RICHMOND FOLK FESTIVAL EVENT IN DOWNTOWN RICHMOND. INCLUDED IN REVENUE IS SUPPORT FROM THE SERVICE DISTRICTS OF $200,000. IN ADDITION TO THE ABOVE REVENUE, THE PROGRAM RECEIVED A GRANT FROM THE CITY ARTS & CULTURE OF $167,000 AND CONTRIBUTIONS OF $17,030. 1166503 963269 VENTURE RICHMOND MANAGES AND MAINTAINS THE RIVERFRONT IN ACCORDANCE WITH CONTRACTS WITH THE CITY OF RICHMOND; OPERATING RIVERFRONT CANAL CRUISES AND MAINTAINING THE CANAL WALK, BROWN'S ISLAND, AND BELLE ISLE PARKING LOT. MANAGES PROGRAMS AND PROJECTS FOR THE RIVERFRONT SPECIAL SERVICE AND ASSESSMENT DISTRICTS IN ACCORDANCE WITH CONTRACTS WITH THE CITY OF RICHMOND. IN ADDITION TO THE REVENUE ABOVE, THE PROGRAM RECEIVED A $200,000 MUNICIPAL GRANT PROVIDED BY THE CITY OF RICHMOND. 2320819 1374434 VENTURE RICHMOND MANAGES PROGRAMS AND PROJECTS FOR THE DOWNTOWN SPECIAL SERVICE AND ASSESSMENT DISTRICTS IN ACCORDANCE WITH CONTRACTS WITH THE CITY OF RICHMOND. TOTAL REVENUE FOR THE GENERAL SERVICE DISTRICT OF $1,374,469 REPRESENTS SUPPORT FROM THE SERVICE DISTRICTS. THE PROGRAM ALSO RECEIVED A $1,237,500 CLEAN, SAFE, AND GREEN MUNICIPAL GRANT PROVIDED BY THE CITY OF RICHMOND. 1490734 1077892 1490734 1077892 6825020 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 131 0 1 39 1 0 0 0 0 0 0 0 0 0 0 X 56 56 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 VA X CAROL WALLS 8047886468 200 SOUTH THIRD STREET RICHMOND VA 23219 X DARIUS JOHNSON CHAIRMAN 5.00 X X 0 0 0 FARHAD AGHDAMI VICE CHAIRMAN 5.00 X X 0 0 0 LEVAR M STONEY PRESIDENT 5.00 X X 0 0 0 DEVON HENRY SECRETARY 5.00 X X 0 0 0 PAULA PANDO TREASURER 5.00 X X 0 0 0 ADAM HARRELL PAST CHAIRMAN 5.00 X X 0 0 0 BRIAN JACKSON GENERAL COUNSEL 5.00 X X 0 0 0 MAKOLA ABDULLAH DIRECTOR 2.00 X 0 0 0 CHRIS ACCASHIAN DIRECTOR 2.00 X 0 0 0 NEIL AMIN DIRECTOR 2.00 X 0 0 0 JOHN BAKER DIRECTOR 2.00 X 0 0 0 EDWARD H BAINE DIRECTOR 2.00 X 0 0 0 BECKY BAREFORD DIRECTOR 2.00 X 0 0 0 VICTOR BRANCH DIRECTOR 2.00 X 0 0 0 CHANDRA BRIGGMAN DIRECTOR 2.00 X 0 0 0 JOHN BUCKBEE DIRECTOR 2.00 X 0 0 0 GERALD BURR DIRECTOR 2.00 X 0 0 0 KELLY CHOPUS DIRECTOR 2.00 X 0 0 0 SHARON DABNEY-WOOLDRIDGE DIRECTOR 2.00 X 0 0 0 CHRISTINE G DANIELS DIRECTOR 2.00 X 0 0 0 JOI DEAN DIRECTOR 2.00 X 0 0 0 SUSAN DEWEY DIRECTOR 2.00 X 0 0 0 CARMINA DRUMMOND DIRECTOR 2.00 X 0 0 0 CANDACE C FORMACEK DIRECTOR 2.00 X 0 0 0 MOSES FOSTER DIRECTOR 2.00 X 0 0 0 THOMAS GAYNER DIRECTOR 2.00 X 0 0 0 DOUGLAS GRANGER DIRECTOR 2.00 X 0 0 0 RICK GERGORY DIRECTOR 2.00 X 0 0 0 KYM GRINNAGE DIRECTOR 2.00 X 0 0 0 KEVIN HALLOCK DIRECTOR 2.00 X 0 0 0 MONROE E HARRIS JR DMD DIRECTOR 2.00 X 0 0 0 CONNIE HOM DIRECTOR 2.00 X 0 0 0 CHRIS JOHNSON DIRECTOR 2.00 X 0 0 0 LESTER JOHNSON DIRECTOR 2.00 X 0 0 0 MICHAEL JONES DIRECTOR 2.00 X 0 0 0 ROB JONES DIRECTOR 2.00 X 0 0 0 JASON KAMRAS DIRECTOR 2.00 X 0 0 0 GREG KARAWAN DIRECTOR 2.00 X 0 0 0 HAKIM LUCAS DIRECTOR 2.00 X 0 0 0 CHARLES MACFARLANE DIRECTOR 2.00 X 0 0 0 MICHAEL MANSON DIRECTOR 2.00 X 0 0 0 FLOYD MILLER DIRECTOR 2.00 X 0 0 0 SEAN O'BRIEN DIRECTOR 2.00 X 0 0 0 LESLIE PARPART DIRECTOR 2.00 X 0 0 0 BURT PINNOCK DIRECTOR 2.00 X 0 0 0 MICHAEL RAO DIRECTOR 2.00 X 0 0 0 JEFF RICKETTS DIRECTOR 2.00 X 0 0 0 ELLEN ROBERTSON DIRECTOR 2.00 X 0 0 0 LISA RUGGLES DIRECTOR 2.00 X 0 0 0 JACQUELYN E STONE DIRECTOR 2.00 X 0 0 0 CHRIS TSUI DIRECTOR 2.00 X 0 0 0 TED UKROP DIRECTOR 2.00 X 0 0 0 MASSIE VALENTINE DIRECTOR 2.00 X 0 0 0 NED VALENTINE DIRECTOR 2.00 X 0 0 0 MARILYN WEST DIRECTOR 2.00 X 0 0 0 MICHAEL WILLIAMS DIRECTOR 2.00 X 0 0 0 SAMUEL YOUNG DIRECTOR 2.00 X 0 0 0 LISA SIMS CEO 40.00 X 233630 0 34838 LUCY MEADE DIRECTOR OF ECONOMIC DEVEL 40.00 X 165956 0 19555 ANEDRA BOURNE DEPUTY EXECUTIVE DIRECTOR 40.00 X 171271 0 5138 STEPHEN R LECKY DIRECTOR OF EVENTS 40.00 X 135844 0 4075 CAROL L WALLS FINANCE MANAGER 40.00 X 122726 0 19232 829427 0 82838 5 0 1 0 COMMUNITY BUSINESS GROUP 201 EAST CLAY STREET FIRST FLOOR RICHMOND VA 23219 SIDEWALK/CLEANING/AMBASSADORS 1227077 NATIONAL COUNCIL FOR THE TRADITIONAL ART 8757 GEROGIA AVENUE SUITE 450 SILVER MD 20910 EVENT PLANNING AND COORDINATION 314482 RMC EVENTS INC 8247 MEADOWBRIDGE RD MECHANICSVILLE VA 23116 EVENT SECURITY 188738 HERB'S JANITORIAL & LAWNCARE SERVICES 3108 FRENCH STREET RICHMOND VA 23221 BROWN'S ISLAND & FESTIVAL MAINTENANCE AN 180715 BWS LANDSCAPING 10412 DOW GIL RD ASHLAND VA 23005 LANDSCAPING 136829 5 2065941 1163273 3229214 PROGRAMS AND EVENTS 711300 2617937 2617937 PROPERTY OWNER ASSESSM 561499 2235797 2235797 4853734 263 263 8083211 4853734 0 263 X 1050207 871911 104880 73416 220531 183091 22024 15416 245970 204211 24564 17195 109614 92806 9887 6921 8262 8230 21 11 39921 39021 600 300 404333 403788 357 188 480935 480785 100 50 101515 99079 1624 812 51200 49664 1024 512 68507 66805 1135 567 34557 33526 687 344 99700 98402 1298 239044 220608 18436 CLEAN, SAFE AND GREEN P 1328708 1328708 EQUIPMENT RENTAL AND EX 491669 491669 ARTIST/PERFORMERS 297106 297106 SECURITY 271061 271061 1586547 1584549 1331 667 7129387 6825020 187968 116399 3280343 4908492 623470 16346 40533 93756 4405730 1320606 3109849 3085124 160072 108522 7214267 8212240 84419 174973 2400 160072 111267 244491 288640 X 6958511 7894225 11265 29375 6969776 7923600 7214267 8212240 953824 0 X 0 1 X 1 0 X 1768279 1803957 2140374 1893203 3229214 10835027 1956433 1939415 2122436 2236705 2235797 10490786 3724712 3743372 4262810 4129908 5465011 21325813 21325813 977 612 226 184 263 2262 21328075 9170258 0.99990 0.99990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2584680 2584680 116593 116593 0 835817 712812 123005 868640 491201 377439 3085124 OPERATING LEASE LIABILITY 111267 111267 X 8241761 158550 158550 8083211 0 8083211 7287937 158550 158550 7129387 0 7129387 PART X, LINE 2: THE CORPORATION IS A QUALIFIED NONPROFIT CHARITABLE ORGANIZATION AS DEFINED BY INTERNAL REVENUE CODE SECTION 501(C)(3) AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA AND WILL BE TAXED ONLY TO THE EXTENT IT HAS TAXABLE TRADE OR BUSINESS INCOME UNRELATED TO ITS EXEMPT PURPOSE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE ORGANIZATION HAS DETEREMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2023. FISCAL YEARS ENDING ON OR AFTER 2019 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. X X X X 0 0 0 0 0 0 0 0 0 LISA SIMS CEO 233630 0 0 0 0 0 7819 0 27019 0 268468 0 0 0 LUCY MEADE DIRECTOR OF ECONOMIC DEVEL 165956 0 0 0 0 0 5403 0 14152 0 185511 0 0 0 ANEDRA BOURNE DEPUTY EXECUTIVE DIRECTOR 171271 0 0 0 0 0 5138 0 0 0 176409 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 DIRECTORS TED UKROP AND JAMES E. UKROP ARE FATHER AND SON DIRECTORS NED VALENTINE AND MASSIE VALENTINE ARE COUSINS FORM 990, PART VI, SECTION B, LINE 11B THE OFFICERS AND FINANCE COMMITTEE REVIEW THE FORM 990 ALONG WITH THE AUDITED FINANCIAL STATEMENTS AT A SCHEDULED MEETING FOLLOWING RECEIPT OF THOSE DOCUMENTS FROM AUDITOR/PAID PREPARER. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS PROVIDED TO EVERY COVERED INDIVIDUAL - THE POLICY DEFINES A CONFLICT OF INTEREST, REQUIRES THAT THE COVERED PERSON DISCLOSE ANY POSSIBLE CONFLICT, OUTLINES PROCEDURES TO MANAGE THE CONFLICT AS WELL AS CORRECTIVE ACTIONS THAT WOULD ENSUE. FORM 990, PART VI, SECTION B, LINE 15 OVERALL SALARY BUDGETS ARE APPROVED BY THE FINANCE COMMITTEE AND APPROVED DURING EXECUTIVE COMMITTEE/BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 ALL ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E ARTIST/STAFF - FOOD, TRAVEL, HOUSING, AMENITIES: PROGRAM SERVICE EXPENSES 252,802. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 252,802. GROUNDS, CLEANING, LANDSCAPING: PROGRAM SERVICE EXPENSES 223,840. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 223,840. BEVERAGE COSTS: PROGRAM SERVICE EXPENSES 202,756. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 202,756. CANAL CRUISES, LABOR, BOAT MAINTENANCE AND OPERATIONS: PROGRAM SERVICE EXPENSES 136,539. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 136,539. NCTA: PROGRAM SERVICE EXPENSES 125,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 125,000. SALES AND ADMISSIONS TAX: PROGRAM SERVICE EXPENSES 100,512. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100,512. DOWNTOWN INITIATIVES: PROGRAM SERVICE EXPENSES 86,721. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 86,721. MERCHANDISE PURCHASE: PROGRAM SERVICE EXPENSES 66,161. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 66,161. EVENT EXPENSE AND MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 65,370. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,370. MAINTENANCE, IMPROVEMENTS AND SMALL EQUIPMENT: PROGRAM SERVICE EXPENSES 64,632. MANAGEMENT AND GENERAL EXPENSES 149. FUNDRAISING EXPENSES 75. TOTAL EXPENSES 64,856. PUBLIC SHUTTLES AND TRANSPORTATION: PROGRAM SERVICE EXPENSES 53,576. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 53,576. MATERIAL CULTURAL PROGRAM: PROGRAM SERVICE EXPENSES 33,750. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,750. VOLUNTEER EXPENSES: PROGRAM SERVICE EXPENSES 28,840. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,840. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 26,306. MANAGEMENT AND GENERAL EXPENSES 540. FUNDRAISING EXPENSES 270. TOTAL EXPENSES 27,116. MISCELLANEOUS EXPENSE: PROGRAM SERVICE EXPENSES 26,499. MANAGEMENT AND GENERAL EXPENSES 221. FUNDRAISING EXPENSES 111. TOTAL EXPENSES 26,831. CHILDREN'S PROGRAMMING: PROGRAM SERVICE EXPENSES 21,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,500. TELEPHONE AND MOBILE: PROGRAM SERVICE EXPENSES 20,286. MANAGEMENT AND GENERAL EXPENSES 354. FUNDRAISING EXPENSES 177. TOTAL EXPENSES 20,817. OTHER TAXES: PROGRAM SERVICE EXPENSES 18,473. MANAGEMENT AND GENERAL EXPENSES 65. FUNDRAISING EXPENSES 33. TOTAL EXPENSES 18,571. EMS/FIRST AID: PROGRAM SERVICE EXPENSES 15,225. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,225. LICENSES & PERMITS: PROGRAM SERVICE EXPENSES 6,366. MANAGEMENT AND GENERAL EXPENSES 2. FUNDRAISING EXPENSES 1. TOTAL EXPENSES 6,369. OTHER EXPENSES - PRODUCTION: PROGRAM SERVICE EXPENSES 5,317. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,317. EDUCATION PROGRAM: PROGRAM SERVICE EXPENSES 4,078. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,078. RIVERFRONT CANAL CRUISES LLC 200 S 3RD STREET RICHMOND VA 23219 811736122 CANAL CRUISES VA 320356 223321 VENTURE RICHMOND INC VENTURE RICHMOND EVENTS LLC 200 S 3RD STREET RICHMOND VA 23219 811709043 EVENTS IN RICHMOND, VA VA 3072857 661194 VENTURE RICHMOND INC