2026-05-15T13:04:38-05:00 2025-12-31 541631262 KEITER STEPHENS HURST GARY & SHREAVES 4401 DOMINION BLVD GLEN ALLEN VA 23060 990 2025-01-01 521256458 VENTURE RICHMOND INC VENT 8047886470 200 SOUTH THIRD STREET RICHMOND VA 23219 LISA W SIMS PRESIDENT & CEO 8047886470 2026-05-15 1 JAYME MIKA P00852731 8047470000 2026-05-15 2025 2025-03-06 01:10:19Z LISA W SIMS 200 SOUTH THIRD STREET RICHMOND VA 23219 13742034 0 X WWW.VENTURERICHMOND.COM X 1984 VA PROVIDE RESOURCES TO PROMOTE DOWNTOWN RICHMOND, VIRGINIA 55 55 41 900 0 0 3316500 8809395 5216385 4821859 80670 109559 0 0 8613555 13740813 0 0 0 0 1865665 2174182 0 0 368232 6023594 6461454 7889259 8635636 724296 5105177 8837456 14371999 189560 618926 8647896 13753073 X 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 3118352 2224804 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 $2,423,756 REPRESENTS SUPPORT FROM THE SERVICE DISTRICTS. THE PROGRAM ALSO RECEIVED A $1,210,000 CLEAN, SAFE, AND GREEN MUNICIPAL GRANT PROVIDED BY THE CITY OF RICHMOND. 2043923 1616878 RICHMOND FOLK FESTIVAL - OVERSEE, PLAN, PRODUCE, MARKET & SPONSORSHIP OF RICHMOND FOLK FESTIVAL EVENT IN DOWNTOWN RICHMOND AS WELL AS THE FOLK FEAST. 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 $15,080. 1331539 1056685 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. VENTURE RICHMOND, IN PARTNERSHIP WITH THE CITY OF RICHMOND, HAS PLANS TO TRANSFORM BROWN'S ISLAND INTO A WORLD CLASS RIVERFRONT PARK WITH RESTROOMS, POTABLE WATER, ADA ACCESSIBILITY AND SO MUCH MORE. THE $30 MILLION PROJECT IS BEING FUNDED AS 50/50 PUBLIC PRIVATE PARTNERSHIP BETWEEN THE CITY OF RICHMOND AND THE PRIVATE SECTOR. VENTURE RICHMOND IS LEADING THE PRIVATE SECTOR FUNDRAISING THAT BEGAN IN 2024. 1510220 1171711 OTHER PROGRAMS 1510220 1171711 8004034 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 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 1 151 0 1 41 1 0 0 0 0 0 0 0 0 0 0 X 55 55 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 FARHAD AGHDAMI CHAIRMAN 5.00 X X 0 0 0 DEVON HENRY VICE CHAIRMAN 5.00 X X 0 0 0 DANNY AVULA VICE CHAIRMAN 5.00 X X 0 0 0 JOI DEAN SECRETARY 5.00 X X 0 0 0 PAULA PANDO TREASURER 5.00 X X 0 0 0 DARIUS JOHNSON 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 SHERRIE ARMSTRONG 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 JOHN BUCKBEE DIRECTOR 2.00 X 0 0 0 GERALD BURR JR DIRECTOR 2.00 X 0 0 0 KELLY CHOPUS DIRECTOR 2.00 X 0 0 0 PAT COLLINS 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 BEN DESSART DIRECTOR 2.00 X 0 0 0 LEWANDA SIMS-GALLIMORE DIRECTOR 2.00 X 0 0 0 THOMAS GAYNER DIRECTOR 2.00 X 0 0 0 DOUGLAS S GRANGER DIRECTOR 2.00 X 0 0 0 RICK GREGORY DIRECTOR 2.00 X 0 0 0 KYM D 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 MICHAEL HENLEY 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 ROB JONES DIRECTOR 2.00 X 0 0 0 JASON KAMRAS 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 CYNTHIA NEWBILLE DIRECTOR 2.00 X 0 0 0 SHAWN 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 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 JANET WIGLESWORTH DIRECTOR 2.00 X 0 0 0 MICHAEL WILLIAMS DIRECTOR 2.00 X 0 0 0 ADRIENNE WRIGHT DIRECTOR 2.00 X 0 0 0 SAMUEL YOUNG DIRECTOR 2.00 X 0 0 0 LISA SIMS PRESIDENT & CEO 40.00 X 312171 0 33630 LUCY MEADE DIRECTOR OF ECONOMIC DEVEL 40.00 X 188409 0 20973 ANEDRA BOURNE DEPUTY EXECUTIVE DIRECTOR 40.00 X 178281 0 19092 STEPHEN R LECKY DIRECTOR OF EVENTS 40.00 X 161570 0 16801 CAROL L WALLS FINANCE MANAGER 40.00 X 143526 0 10620 RENEE GAINES OFFICE ADMINISTRATOR 40.00 X 129343 0 11630 1113300 0 112746 7 0 1 0 STREETPLUS COMPANY LLC 254 36TH STREET SUITE C312 BROOKLYN NY 11231 CLEANING/SAFETY 1183967 HERB'S JANITORIAL & LAWN CARE SVCS 3108 FRENCH STREET RICHMOND VA 23221 LAWN CARE SERVICES 206861 THE CURTIS GROUP 2512 SHEPHERDS LANE VIRGINIA BEACH VA 23454 FUNDRAISING CONSULTANTS 152239 SOUNDWORKS OF VIRGINIA INC 7701 NEW SETTLEMENT CT HENRICO VA 23231 AUDIOVISUAL EQUIPMENT RENTAL 150046 BWS LANDSCAPING 10412 DOW GILL ROAD ASHLAND VA 23005 LANDSCAPING 132130 8 1737500 7071895 8809395 PROPERTY OWNER ASSESSMENTS 561499 3271394 3271394 PROGRAMS AND EVENTS 711300 1550465 1550465 4821859 110713 110713 67 1221 -1154 -1154 -1154 13740813 4821859 0 109559 X 345802 266267 41497 38038 1692296 1332609 198425 161262 136084 108769 14899 12416 21550 21446 69 35 48979 47917 708 354 474260 320632 926 152702 568203 568042 107 54 88602 86595 1337 670 43735 42422 875 438 74780 73149 1087 544 37449 36343 737 369 100990 100723 179 88 287771 287279 328 164 CLEAN, SAFE AND GREEN P 1552304 1552304 EQUIPMENT RENTAL AND EX 520183 520183 SECURITY 328766 328766 ARTIST/PERFORMERS 300029 300029 2013853 2010559 2196 1098 8635636 8004034 263370 368232 5351831 8049882 310292 2926968 24432 158369 121534 59918 4423006 1404828 2976570 3018178 52797 158684 8837456 14371999 136763 334985 52797 283941 189560 618926 X 8337604 8628455 310292 5124618 8647896 13753073 8837456 14371999 5105177 0 X 0 1 X 1 0 X 2140374 1893203 3229214 3316500 8809395 19388686 2122436 2236705 2235797 3282250 3271394 13148582 4262810 4129908 5465011 6598750 12080789 32537268 1753239 30784029 226 184 263 80700 110713 192086 32729354 9233950 0.94060 0.99650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2584680 2584680 116594 116594 0 474649 446220 28429 1247083 842014 405069 3018178 OPERATING LEASE LIABILITY 158684 REFUNDABLE ADVANCE 100000 DEFERRED COMPENSATION LIABILITY 25257 283941 X 13947663 206850 206850 13740813 0 13740813 8842486 206850 206850 8635636 0 8635636 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 CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. VENTURE RICHMOND EVENTS, LLC AND RIVERFRONT CANAL CRUISES, LLC ARE DISREGARDED ENTITIES AND ARE TREATED AS SUBSIDIARIES OF VENTURE RICHMOND, INC. FOR FEDERAL TAX PURPOSES. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAS NOT TAKEN UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENTS TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS NOT CURRENTLY UNDER AUDIT BY ANY TAX JURISDICTION. X X X X 0 0 0 0 0 0 0 0 0 LISA SIMS PRESIDENT & CEO 287171 0 25000 0 0 0 32542 0 1088 0 345801 0 0 0 LUCY MEADE DIRECTOR OF ECONOMIC DEVEL 179409 0 9000 0 0 0 20068 0 905 0 209382 0 0 0 ANEDRA BOURNE DEPUTY EXECUTIVE DIRECTOR 171281 0 7000 0 0 0 18312 0 780 0 197373 0 0 0 STEPHEN R LECKY DIRECTOR OF EVENTS 154570 0 7000 0 0 0 15808 0 993 0 178371 0 0 0 CAROL L WALLS FINANCE MANAGER 136526 0 7000 0 0 0 9279 0 1341 0 154146 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 DIRECTORS JAMES E. UKROP AND TED UKROP ARE FATHER AND SON DIRECTORS NED VALENTINE AND MASSIE VALENTINE ARE COUSINS DIRECTORS RICHARD GREGORY AND JOHN GREGORY ARE FATHER AND SON 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 269,524. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 269,524. PRE-CONSTRUCTION AND DEVELOPMENT MANAGEMENT COSTS: PROGRAM SERVICE EXPENSES 234,226. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 234,226. GROUNDS, CLEANING, LANDSCAPING: PROGRAM SERVICE EXPENSES 229,612. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 229,612. DOWNTOWN INITIATIVES: PROGRAM SERVICE EXPENSES 174,357. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 174,357. BEVERAGE COSTS: PROGRAM SERVICE EXPENSES 173,543. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 173,543. CANAL CRUISES, LABOR, BOAT MAINTENANCE AND OPERATIONS: PROGRAM SERVICE EXPENSES 151,060. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 151,060. NCTA: PROGRAM SERVICE EXPENSES 135,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 135,000. MAINTENANCE, IMPROVEMENTS AND SMALL EQUIPMENT: PROGRAM SERVICE EXPENSES 96,554. MANAGEMENT AND GENERAL EXPENSES 119. FUNDRAISING EXPENSES 60. TOTAL EXPENSES 96,733. SALES AND ADMISSIONS TAX: PROGRAM SERVICE EXPENSES 86,508. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 86,508. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 71,380. MANAGEMENT AND GENERAL EXPENSES 1,466. FUNDRAISING EXPENSES 733. TOTAL EXPENSES 73,579. PUBLIC SHUTTLES AND TRANSPORTATION: PROGRAM SERVICE EXPENSES 65,938. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,938. MERCHANDISE PURCHASE: PROGRAM SERVICE EXPENSES 64,997. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 64,997. EVENT EXPENSE AND MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 57,696. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 57,696. MATERIAL CULTURAL PROGRAM: PROGRAM SERVICE EXPENSES 33,250. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,250. MISCELLANEOUS EXPENSE: PROGRAM SERVICE EXPENSES 30,678. MANAGEMENT AND GENERAL EXPENSES 137. FUNDRAISING EXPENSES 69. TOTAL EXPENSES 30,884. VOLUNTEER EXPENSES: PROGRAM SERVICE EXPENSES 30,691. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,691. EMS/FIRST AID: PROGRAM SERVICE EXPENSES 26,824. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,824. TELEPHONE AND MOBILE: PROGRAM SERVICE EXPENSES 21,689. MANAGEMENT AND GENERAL EXPENSES 401. FUNDRAISING EXPENSES 200. TOTAL EXPENSES 22,290. CHILDREN'S PROGRAMMING: PROGRAM SERVICE EXPENSES 21,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,500. OTHER TAXES: PROGRAM SERVICE EXPENSES 18,996. MANAGEMENT AND GENERAL EXPENSES 71. FUNDRAISING EXPENSES 35. TOTAL EXPENSES 19,102. OTHER EXPENSES - PRODUCTION: PROGRAM SERVICE EXPENSES 6,934. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,934. LICENSES & PERMITS: PROGRAM SERVICE EXPENSES 5,602. MANAGEMENT AND GENERAL EXPENSES 2. FUNDRAISING EXPENSES 1. TOTAL EXPENSES 5,605. EDUCATION PROGRAM: PROGRAM SERVICE EXPENSES 4,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,000. RIVERFRONT CANAL CRUISES LLC 200 S 3RD STREET RICHMOND VA 23219 811736122 CANAL CRUISES VA 337825 435741 VENTURE RICHMOND INC VENTURE RICHMOND EVENTS LLC 200 S 3RD STREET RICHMOND VA 23219 811709043 EVENTS IN RICHMOND, VA VA 3947592 1012049 VENTURE RICHMOND INC