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Nonprofit · EIN 27-3362452

VIRTUAL ENTERPRISES INTERNATIONAL INC

Tax-exempt · NEW YORK, NY 10023

Financials

$3.9M$4.1M2023$3.7M$3.9M2024
Revenue Expenses · by fiscal year end
Financials of VIRTUAL ENTERPRISES INTERNATIONAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,718,136$3,909,220-$191,084$1,400,883$533,162$867,721
June 30, 2024990$3,925,789$4,139,913-$214,124$1,647,693$556,305$1,091,388
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,817,887
Program service revenue
$2,045,663
Investment income
$7,392
Net income from fundraising events
-$153,301
Other revenue
-$152,806

Expenses

Grants and similar amounts paid
$40,000
Compensation of officers, directors and key employees
$619,456
Other salaries and wages
$1,486,749
Salaries, compensation and benefits (total)
$2,406,235
Professional fundraising fees
$0
Accounting fees
$128,760
Occupancy
$16,538
Travel
$42,574
Depreciation
$109,728
Program services (functional)
$2,891,488
Management and general (functional)
$433,705
Fundraising (functional)
$584,027

Balance sheet and other

Total assets, start of year
$1,647,693
Total assets, end of year
$1,400,883
Total liabilities, end of year
$533,162
Net assets, end of year
$867,721
Land, buildings and equipment
$174,223
Net assets without donor restrictions
$19,207
Net assets with donor restrictions
$848,514
Gross receipts
$3,954,717
Employees
37
Volunteers
643
Year formed
2010
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
TOM SMITHPRESIDENT & CEO
Officer
40$190,516$107
EDUARDO BELTRECFOO
Officer
40$157,363$12,185
IRIS BLANCFOUNDER
Trustee or director, Officer
40$149,693$117
REBECCA MOONEYCHIEF DEVELOPMENT OFFICER
Highest-paid employee
40$133,523$103
JILLIAN BERGMANAGING DIRECTOR OF PROGRAMS
Highest-paid employee
40$118,317$12,185
WENDY SCHMITT MANAGINGDIRECTOR CURRICULUM & PRO LEARNING
Highest-paid employee
40$120,697$0
ELIZABETH PERSAUD SECRETARYASSOCIATE DIRECTOR OF PROGRAMS
Officer
40$78,022$11,447
SANDRA KRASNOFFCHAIR
Trustee or director, Officer
12$0$0
MARY HAGGERTYTREASURER
Trustee or director, Officer
2$0$0
MAUREEN GILLAN-MYERVICE CHAIR
Trustee or director, Officer
2$0$0
JOEL ALBARELLADIRECTOR
Trustee or director
2$0$0
MELISSA AVILES-RAMOSDIRECTOR
Trustee or director
2$0$0
DAVID BANKSDIRECTOR
Trustee or director
2$0$0
RITU BANGADIRECTOR
Trustee or director
2$0$0
MATTHEW CHASINDIRECTOR
Trustee or director
2$0$0
19 more people on this return
NameTitleHours / weekCompensation
PAUL CRONINDIRECTOR
Trustee or director
2$0
WYATT CROWELLDIRECTOR
Trustee or director
2$0
STACY DENOYIORDIRECTOR
Trustee or director
2$0
JOSEPH P DELANEYDIRECTOR
Trustee or director
2$0
TJ DURKINDIRECTOR
Trustee or director
2$0
MOE FODEMANDIRECTOR
Trustee or director
2$0
ASHLEY FINADIRECTOR
Trustee or director
2$0
GREGG FISHERDIRECTOR
Trustee or director
2$0
CESAR GONZALEZDIRECTOR
Trustee or director
2$0
DYLAN HUANGDIRECTOR
Trustee or director
2$0
STEVE ISRAELDIRECTOR
Trustee or director
2$0
ROMAN KOGANDIRECTOR
Trustee or director
2$0
JAY LEWISDIRECTOR
Trustee or director
2$0
DEAN MCGEEDIRECTOR
Trustee or director
2$0
MARIE MOODYDIRECTOR
Trustee or director
2$0
JAY NOVIKDIRECTOR
Trustee or director
2$0
JOHN PARTILLADIRECTOR
Trustee or director
2$0
MATTHEW SANDFORD BOONEDIRECTOR
Trustee or director
2$0
KEVIN TARACENADIRECTOR
Trustee or director
2$0
990 for the year ended June 30, 2024: 34 people
NameTitleHours / weekCompensationOther / benefits
ALI SHAMAPRESIDENT & CEO THRU 2/2/24
Officer
40$194,573$15,425
EDUARDO BELTRECFOO
Officer
40$153,885$11,369
IRIS BLANCFOUNDER
Trustee or director, Officer
40$140,588$117
PAUL PRESTIREGIONAL DIRECTOR
Highest-paid employee
40$126,879$117
JILLIAN BERGMANAGING DIRECTOR OF PROGRAMS
Highest-paid employee
40$114,997$11,369
MICHAEL BROWNSTEINDIRECTOR OF STRATEGIC GROWTH
Highest-paid employee
40$118,829$1,827
WENDY SCHMITT MANAGINGDIRECTOR CURRICULUM & PRO LEARNING
Highest-paid employee
40$116,692$0
ELIZABETH POORAN SECRETARYASSOCIATE DIRECTOR OF PROGAMS
Officer
40$72,474$10,592
SANDRA KRASNOFFCHAIR
Trustee or director, Officer
12$0$0
MARY HAGGERTYTREASURER
Trustee or director, Officer
2$0$0
PAUL CRONINVICE CHAIR
Trustee or director, Officer
2$0$0
JOEL ALBARELLADIRECTOR
Trustee or director
2$0$0
RITU BANGADIRECTOR
Trustee or director
2$0$0
DAVID BANKSDIRECTOR
Trustee or director
2$0$0
MATTHEW SANDFORD BOONEDIRECTOR
Trustee or director
2$0$0
MATTHEW CHASINDIRECTOR
Trustee or director
2$0$0
WYATT CROWELLDIRECTOR
Trustee or director
2$0$0
JOSEPH P DELANEYDIRECTOR
Trustee or director
2$0$0
STACY DENOYIORDIRECTOR
Trustee or director
2$0$0
TJ DURKINDIRECTOR
Trustee or director
2$0$0
ASHLEY FINADIRECTOR
Trustee or director
2$0$0
GREGG FISHERDIRECTOR
Trustee or director
2$0$0
MOE FODEMANDIRECTOR
Trustee or director
2$0$0
MAUREEN GILLAN-MYERDIRECTOR
Trustee or director
2$0$0
CESAR GONZALEZDIRECTOR
Trustee or director
2$0$0
DYLAN HUANGDIRECTOR
Trustee or director
2$0$0
STEVE ISRAELDIRECTOR
Trustee or director
2$0$0
ROMAN KOGANDIRECTOR
Trustee or director
2$0$0
JAY LEWISDIRECTOR
Trustee or director
2$0$0
DEAN MCGEEDIRECTOR
Trustee or director
2$0$0
MARIE MOODYDIRECTOR
Trustee or director
2$0$0
JAY NOVIKDIRECTOR
Trustee or director
2$0$0
JOHN PARTILLADIRECTOR
Trustee or director
2$0$0
TOM SMITHPRESIDENT & CEO EFF. 2/7/24
Officer
40$0$0

Address and contacts

Address (IRS master file)
122 AMSTERDAM AVE, NEW YORK, NY 10023-6407
In care of
% IRIS BLANC / THE ORGANIZATIO
Principal officer (990 for 2024)
MARY HAGGERTY, 122 AMSTERDAM AVENUE, NEW YORK, NY 10023
Signed the 990
MARY HAGGERTY, TREASURER
Phone
(855) 740-6555
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

Mission

TO PROVIDE SCHOOLS AND SCHOOL DISTRICTS WITH STRATEGIES FOR IMPLEMENTING THE VEI PROGRAM, AN APPLIED LEARNING INSTRUCTIONAL MODEL FOR CAREER READINESS, ENTREPRENEURSHIP, FINANCIAL LITERACY, ECONOMICS, BUSINESS, AND TECHNOLOGY. IN ADDITION, THE ORGANIZATION WILL PROVIDE SCHOOLS AND SCHOOL DISTRICTS WITH OPPORTUNITIES FOR STUDENTS TO ENGAGE IN REAL-WORLD LEARNING ACTIVITIES SUCH AS INTERNSHIPS, BUSINESS PLAN COMPETITIONS, TRADE SHOWS, AND PROFESSIONAL WORKSHOPS.

990 for the year ended June 30, 2025

Program accomplishments

  • THE ORGANIZATION PROVIDED THREE SIGNATURE ACTIVITIES TO THE STUDENTS IN THE PROGRAM AS PART OF THE YOUTH BUSINESS SUMMIT - THE INTERNATIONAL TRADE SHOW, THE NATIONAL BUSINESS PLAN COMPETITION AND THE GLOBAL BUSINESS CHALLENGE. MORE THAN 22,000 STUDENTS PARTICIPATED AND OR SERVED THROUGH THESE ACTIVITIES.
    Expenses $2,891,488 · grants $40,000 · revenue $2,045,663

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
27-3362452
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2010
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$1,400,883
Income (IRS master file)
$3,954,717

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,718,136$3,909,220$1,400,883IRS
990June 2024$3,925,789$4,139,913$1,647,693IRS
990June 2023$3,242,610$4,016,192$1,618,418IRS
990June 2022$3,031,382$3,591,685$2,351,223IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3362452).

Questions about VIRTUAL ENTERPRISES INTERNATIONAL INC

What is the EIN of VIRTUAL ENTERPRISES INTERNATIONAL INC?
The employer identification number (EIN) of VIRTUAL ENTERPRISES INTERNATIONAL INC is 27-3362452.
Is VIRTUAL ENTERPRISES INTERNATIONAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to VIRTUAL ENTERPRISES INTERNATIONAL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VIRTUAL ENTERPRISES INTERNATIONAL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VIRTUAL ENTERPRISES INTERNATIONAL INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VIRTUAL ENTERPRISES INTERNATIONAL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of VIRTUAL ENTERPRISES INTERNATIONAL INC?
The 990 for the year ended June 30, 2025 names MARY HAGGERTY.
Who are the officers and directors of VIRTUAL ENTERPRISES INTERNATIONAL INC?
The 990 for the year ended June 30, 2025 lists 34 people; 7 received compensation from the organization, the highest $190,516 (TOM SMITH, PRESIDENT & CEO).
How much revenue does VIRTUAL ENTERPRISES INTERNATIONAL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,718,136, expenses of $3,909,220 and total assets of $1,400,883 at year end.

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