Nonprofit · EIN 27-4910429
VIRGINIA TECH INNOVATIONS CORPORATION
Tax-exempt · BLACKSBURG, VA 24061
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $858,014 | $806,484 | $51,530 | $314,801 | $176,713 | $138,088 |
| June 30, 2024 | 990 | $1,276,868 | $1,261,470 | $15,398 | $528,416 | $441,858 | $86,558 |
| June 30, 2023 | 990 | $754,122 | $687,400 | $66,722 | $505,681 | $434,521 | $71,160 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $428,713
- Program service revenue
- $416,652
- Investment income
- $0
- Other revenue
- $12,649
Expenses
- Grants and similar amounts paid
- $332,123
- Other salaries and wages
- $23,990
- Salaries, compensation and benefits (total)
- $23,990
- Professional fundraising fees
- $0
- Legal fees
- $650
- Accounting fees
- $30,752
- Occupancy
- $1,366
- Program services (functional)
- $704,891
- Management and general (functional)
- $101,593
Balance sheet and other
- Total assets, start of year
- $528,416
- Total assets, end of year
- $314,801
- Total liabilities, end of year
- $176,713
- Net assets, end of year
- $138,088
- Gross receipts
- $858,014
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2011
- State of legal domicile
- VA
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR CYRIL R CLARKE | BOARD MEMBER Trustee or director | 2 | $0 | $617,216 | $140,692 |
| AMY SEBRING | CHAIR Trustee or director, Officer | 2 | $0 | $576,650 | $161,293 |
| DR DIANZHI DANIEL SUI | BOARD MEMBER Trustee or director | 2 | $0 | $501,647 | $63,892 |
| DR GURUPRASAD GHOSH | BOARD MEMBER Trustee or director | 2 | $0 | $369,748 | $81,726 |
| DR JAMES RANDY HEFLIN | CO-MANAGER VT-RCS Officer | 2 | $0 | $304,054 | $60,534 |
| SIMON PM ALLEN | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $315,046 | $43,216 |
| MELINDA WEST | TREASURER VT-RCS Officer | 2 | $0 | $287,797 | $62,935 |
| JEFF EARLEY | BOARD MEMBER Trustee or director | 2 | $0 | $269,561 | $67,722 |
| DANIEL COCKRUM | SECRETARY VT-RCS Officer | 2 | $0 | $184,563 | $36,940 |
| DR THOMAS ARCHIBALD | PRESIDENT AET GLOBAL Officer | 2 | $0 | $164,338 | $51,104 |
| LISA GREINER | ASST TREASURER AET GLOBAL Officer | 2 | $0 | $118,303 | $28,482 |
| LINDA DUFFY | PRESIDENT VT-RCS Officer | 2 | $0 | $124,511 | $14,122 |
| SAMANTHA MAHDU | TREASURER AET GLOBAL Officer | 2 | $0 | $92,264 | $35,786 |
| JUSTICE ELIZABETH A MCCLANAHAN | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR CYRIL R CLARKE | BOARD MEMBER Trustee or director | 2 | $0 | $575,156 | $127,688 |
| AMY SEBRING | CHAIR Trustee or director | 2 | $0 | $541,594 | $158,173 |
| DR DAN SUI | BOARD MEMBER Trustee or director | 2 | $0 | $474,123 | $60,796 |
| KEN MILLER | BOARD MEMBER Trustee or director | 2 | $0 | $376,127 | $71,292 |
| SCOTT MIDKIFF | BOARD MEMBER Trustee or director | 2 | $0 | $371,656 | $70,174 |
| DR GURUPRASAD GHOSH | BOARD MEMBER Trustee or director | 2 | $0 | $349,835 | $80,278 |
| MELINDA WEST | TREASURER VT-RCS Officer | 2 | $0 | $266,603 | $61,597 |
| DR JAMES HEFLIN | MANAGER VT-RCS Officer | 2 | $0 | $254,083 | $56,319 |
| TRUDY RILEY | PRESIDENT, VT-RCS Officer | 2 | $0 | $264,752 | $45,240 |
| DR THOMAS ARCHIBALD | PRESIDENT AET GLOBAL Officer | 2 | $0 | $155,440 | $50,028 |
| DANIEL COCKRUM | SECRETARY VT-RCS Officer | 2 | $0 | $167,176 | $28,671 |
| LISA GREINER | ASST TREASURER AET GLOBAL Officer | 2 | $0 | $109,669 | $27,774 |
| JUSTICE ELIZABETH A MCCLANAHAN | SECRETARY-TREASURER Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR CYRIL R CLARKE | BOARD MEMBER Trustee or director | 2 | $0 | $533,417 | $123,636 |
| DR DAN SUI | BOARD MEMBER Trustee or director, Officer | 2 | $0 | $448,201 | $57,683 |
| SCOTT MIDKIFF | BOARD MEMBER Trustee or director | 2 | $0 | $364,728 | $68,695 |
| KEN MILLER | BOARD MEMBER Trustee or director | 2 | $0 | $356,245 | $67,650 |
| DR GURUPRASAD GHOSH | BOARD MEMBER Trustee or director | 2 | $0 | $331,065 | $77,011 |
| DON HEMPSON | PRESIDENT AET GLOBAL Key employee | 2 | $0 | $191,063 | $29,879 |
| AMY SEBRING | CHAIR Trustee or director, Officer | 2 | $0 | $164,717 | $13,860 |
| JUSTICE ELIZABETH A MCCLANAHAN | SECRETARY-TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 220 GILBERT ST GILBERT PL 5100, BLACKSBURG, VA 24061-0001
- In care of
- % KEVIN SULLIVAN
- Mailing address (990-N for 2010)
- 902 Prices Fork Rd Rm 4000, Blacksburg VA 24061
- Principal officer (990 for 2024)
- SIMON PM ALLEN, 220 GILBERT ST GILBERT PL 5100, BLACKSBURG, VA 24061
- Principal officer (990-N for 2010)
- Dr Raymond D Smoot Jr, 902 Prices Fork Rd Rm 4000, Blacksburg VA 24061
- Signed the 990
- SIMON PM ALLEN, SECRETARY/TREASURER
- Phone
- (540) 231-2977
- Return prepared by
- BROWN EDWARDS & COMPANY LLP
Mission
TO SUPPORT INNOVATIVE APPLICATIONS OF SCIENCE AND TECHNOLOGY AND PROVIDE TECHNICAL ASSISTANCE TO ENHANCE GLOBAL COMPETITIVENESS.
Program accomplishments
- AET GLOBAL, LLC (AET) IS PROVIDING IN-COUNTRY CONTRACTUAL PROCUREMENT SERVICES IN BANGLADESH FOR A FOUR YEAR GRANT RESEARCH PROJECT RECEIVED BY VIRGINIA TECH.Expenses $372,768 · revenue $413,422
- VIRGINIA TECH RESEARCH CONTRACTING SERVICES, LLC (VTRCS) CONTRACTS AND ADMINISTERS EXTERNAL RESEARCH GRANTS WITH PRIVATE CORPORATIONS AND SUBCONTRACTS THE RESEARCH WORK TO VIRGINIA TECH.Expenses $332,123 · grants $332,123 · revenue $3,230
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-4910429
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2012
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $314,801
- Income (IRS master file)
- $858,014
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $858,014 | $806,484 | $314,801 | IRS |
| 990 | June 2024 | $1,276,868 | $1,261,470 | $528,416 | XML |
| 990 | June 2023 | $754,122 | $687,400 | $505,681 | XML |
| 990 | June 2022 | $745,167 | $736,867 | $281,572 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-N for 2010 Officer: Dr Raymond D Smoot Jr | June 30, 2011 | ≤ $50,000 receipts | – | – | e-Postcard |
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 27-4910429).
Questions about VIRGINIA TECH INNOVATIONS CORPORATION
- What is the EIN of VIRGINIA TECH INNOVATIONS CORPORATION?
- The employer identification number (EIN) of VIRGINIA TECH INNOVATIONS CORPORATION is 27-4910429.
- Is VIRGINIA TECH INNOVATIONS CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to VIRGINIA TECH INNOVATIONS CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does VIRGINIA TECH INNOVATIONS CORPORATION 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 VIRGINIA TECH INNOVATIONS CORPORATION 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 VIRGINIA TECH INNOVATIONS CORPORATION 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 VIRGINIA TECH INNOVATIONS CORPORATION?
- The 990 for the year ended June 30, 2025 names SIMON PM ALLEN.
- Who are the officers and directors of VIRGINIA TECH INNOVATIONS CORPORATION?
- The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does VIRGINIA TECH INNOVATIONS CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $858,014, expenses of $806,484 and total assets of $314,801 at year end.
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