Nonprofit · EIN 31-1658220
REV1 VENTURES
Tax-exempt · COLUMBUS, OH 43212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $11,912,927 | $11,097,596 | $815,331 | $34,045,153 | $2,469,271 | $31,575,882 |
| December 31, 2023 | 990 | $11,093,890 | $11,389,907 | -$296,017 | $30,782,227 | $1,645,842 | $29,136,385 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $7,839,945
- of which government grants
- $4,586,155
- Program service revenue
- $3,688,478
- Investment income
- $384,504
- Net gain from sales of assets
- $206,433
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $988,000
- Compensation of officers, directors and key employees
- $2,849,249
- Other salaries and wages
- $2,120,693
- Salaries, compensation and benefits (total)
- $5,655,764
- Professional fundraising fees
- $0
- Accounting fees
- $35,713
- Occupancy
- $1,198,058
- Travel
- $90,049
- Depreciation
- $472,669
- Program services (functional)
- $9,867,625
- Management and general (functional)
- $1,229,971
Balance sheet and other
- Total assets, start of year
- $30,782,227
- Total assets, end of year
- $34,045,153
- Total liabilities, end of year
- $2,469,271
- Net assets, end of year
- $31,575,882
- Land, buildings and equipment
- $56,948
- Publicly traded securities
- $11,194,617
- Net assets without donor restrictions
- $31,575,882
- Gross unrelated business income
- -$41,467
- Gross receipts
- $11,954,394
- Employees
- 40
- Volunteers
- 0
- Year formed
- 1999
- State of legal domicile
- OH
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TOM WALKER | CEO & PRESIDENT Trustee or director, Officer | 40 | $785,600 | $43,229 |
| DAVID DILLMAN | CHIEF FINANCIAL OFFICER Officer | 40 | $308,591 | $46,167 |
| RYAN HELON | EVP, INVESTMENT FUNDS Officer | 40 | $304,305 | $45,995 |
| KRISTY CAMPBELL | EVP, CHIEF OPERATIONS OFFICER Officer | 40 | $329,305 | $13,289 |
| WAYNE EMBREE | EVP, INVESTMENTS & VENTURE ACCELERATION Officer | 40 | $286,003 | $32,672 |
| ANDREA O'CARROLL | MANAGING DIRECTOR, CORPORATE PARTNERSHIPS Highest-paid employee | 40 | $197,392 | $39,897 |
| JULIA DEWEY | VICE PRESIDENT, CORPORATE PARTNERSHIPS Officer | 40 | $222,320 | $6,773 |
| ALICA ODDI | MANAGING DIRECTOR, ENTREPRENEUR PROGRAMS Highest-paid employee | 40 | $186,420 | $39,320 |
| MATT CYNKAR | MANAGING DIRECTOR, MARKET INTELLIGENCE Highest-paid employee | 40 | $197,688 | $18,204 |
| DIONNICA GASTON | MANAGING DIRECTOR, TALENT Highest-paid employee | 40 | $176,800 | $16,777 |
| MELINDA GLORIOSA | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 40 | $183,612 | $5,767 |
| DAVE DENNIS | DIRECTOR Trustee or director | 0 | $0 | $0 |
| CHETAN KANDHARI | DIRECTOR Trustee or director | 0 | $0 | $0 |
| AMY TAYLOR | DIRECTOR Trustee or director | 0 | $0 | $0 |
| MICHAEL LUH | DIRECTOR Trustee or director | 0 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID MEUSE | DIRECTOR Trustee or director | 0 | $0 |
| PETER MOHLER | DIRECTOR Trustee or director | 0 | $0 |
| TERRENCE O'DONNELL | DIRECTOR Trustee or director | 0 | $0 |
| MATTHEW ORR | DIRECTOR Trustee or director | 0 | $0 |
| MIKE PAPADAKIS | DIRECTOR Trustee or director | 0 | $0 |
| DENNIS DURBIN | DIRECTOR Trustee or director | 0 | $0 |
| SHAUN YOUNG | DIRECTOR Trustee or director | 0 | $0 |
| KIM ZAVISLAK | DIRECTOR Trustee or director | 0 | $0 |
| SUE ZAZON | TREASURER Trustee or director, Officer | 0 | $0 |
990 for the year ended December 31, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TOM WALKER | CEO & PRESIDENT Trustee or director, Officer | 40 | $740,000 | $40,467 |
| DAVID DILLMAN | CHIEF FINANCIAL OFFICER Officer | 40 | $295,184 | $43,076 |
| RYAN HELON | EVP, INVESTMENT FUNDS Officer | 40 | $283,948 | $42,654 |
| KRISTY CAMPBELL | EVP, CHIEF OPERATIONS OFFICER Officer | 40 | $308,948 | $12,475 |
| WAYNE EMBREE | EVP, INVESTMENTS & VENTURE ACCELERATION Officer | 40 | $287,205 | $31,212 |
| ANDREA O'CARROLL | MANAGING DIRECTOR, CORPORATE PARTNERSHIPS Highest-paid employee | 40 | $185,667 | $36,944 |
| JULIA DEWEY | VICE PRESIDENT, CORPORATE PARTNERSHIPS Officer | 40 | $203,723 | $8,266 |
| ALICA ODDI | MANAGING DIRECTOR, ENTREPRENEUR PROGRAMS Highest-paid employee | 40 | $177,321 | $32,736 |
| MATT CYNKAR | MANAGING DIRECTOR, MARKET INTELLIGENCE Highest-paid employee | 40 | $190,085 | $17,201 |
| SARA RISCH | MANAGING DIRECTOR, VENTURE DEVELOPMENT Highest-paid employee | 40 | $177,112 | $5,567 |
| MELINDA GLORIOSA | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 40 | $166,589 | $4,932 |
| MIKE MCCANN | CHIEF BUSINESS DEVEL OFFICER TO 5/23 Officer | 40 | $100,854 | $4,082 |
| DAVE DENNIS | DIRECTOR Trustee or director | 0 | $0 | $0 |
| STEPHANIE FORTENER | DIRECTOR Trustee or director | 0 | $0 | $0 |
| CHETAN KANDHARI | DIRECTOR Trustee or director | 0 | $0 | $0 |
| MICHAEL LUH | DIRECTOR Trustee or director | 0 | $0 | $0 |
| DAVID MEUSE | DIRECTOR Trustee or director | 0 | $0 | $0 |
| PETER MOHLER | DIRECTOR Trustee or director | 0 | $0 | $0 |
| TERRENCE ODONNELL | DIRECTOR Trustee or director | 0 | $0 | $0 |
| MATTHEW ORR | DIRECTOR Trustee or director | 0 | $0 | $0 |
| MIKE PAPADAKIS | DIRECTOR Trustee or director | 0 | $0 | $0 |
| TIMOTHY ROBINSON | DIRECTOR Trustee or director | 0 | $0 | $0 |
| SHAUN YOUNG | DIRECTOR Trustee or director | 0 | $0 | $0 |
| KIM ZAVISLAK | DIRECTOR Trustee or director | 0 | $0 | $0 |
| SUE ZAZON | TREASURER Trustee or director, Officer | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1275 KINNEAR RD, COLUMBUS, OH 43212-1155
- In care of
- % DAVE DILLMAN
- Principal officer (990 for 2024)
- TOM WALKER, 1275 KINNEAR ROAD, COLUMBUS, OH 43212
- Signed the 990
- DAVID DILLMAN, CFO
- Phone
- (614) 487-3700
- Website
- WWW.REV1VENTURES.COM
- Return prepared by
- GBQ PARTNERS LLC
Mission
WE HELP ENTREPRENEURS OF CENTRAL OHIO TECH START-UPS BUILD GREAT COMPANIES THROUGH OUR UNIQUE VENTURE DEVELOPMENT SERVICES, BUSINESS INCUBATOR AND CAPITAL ATTRACTION.
Program accomplishments
- STARTUP STUDIO- REV1 SUPPORTS START-UPS THROUGH THE FIRST EXPERTS LEADS AN ONGOING, DATA-DRIVEN PROCESS THAT ENSURES ENTREPRENEURS DEVELOP PRODUCTS PEOPLE WANT AND COMPANIES PEOPLE NEED. TOP 10 UBI INCUBATOR, OFFERING TECHNICALLY FOCUSED ENTREPRENEURS FLEXIBLE OFFICE AND LAB SPACE TO HELP START THEIR COMPANIES ALONG SIDE THE REV1 TEAM OF ADVISORY EXPERTS.Expenses $7,838,781 · grants $988,000 · revenue $1,476,382
- FUND MANAGEMENT- REV1'S INVESTMENT TEAM HANDLES THE INTAKE, VETTING AND INVESTMENT DUE DILIGENCE FOR MULTIPLE INVESTMENT FUNDS TARGETING A BROAD RANGE OF HIGH-GROWTH TECH STARTUPS, INCLUDING IT AND HEALTH IT, BIOSCIENCES, ADVANCED MATERIALS, AGRIBUSINESS, AND ADVANCED AND ALTERNATIVE ENERGY. REV1 ALSO HANDLES THE DAILY ACCOUNTING AND COORDINATES ANNUAL TAX RETURNS.Expenses $2,028,844 · revenue $2,212,096
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1658220
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $34,045,153
- Income (IRS master file)
- $11,954,394
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $11,912,927 | $11,097,596 | $34,045,153 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $11,093,890 | $11,389,907 | $30,782,227 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $12,957,997 | $12,233,760 | $26,835,719 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about REV1 VENTURES
- What is the EIN of REV1 VENTURES?
- The employer identification number (EIN) of REV1 VENTURES is 31-1658220.
- Is REV1 VENTURES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to REV1 VENTURES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does REV1 VENTURES 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 REV1 VENTURES due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did REV1 VENTURES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of REV1 VENTURES?
- The 990 for the year ended December 31, 2024 names TOM WALKER.
- Who are the officers and directors of REV1 VENTURES?
- The 990 for the year ended December 31, 2024 lists 24 people; 11 received compensation from the organization, the highest $785,600 (TOM WALKER, CEO & PRESIDENT).
- How much revenue does REV1 VENTURES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $11,912,927, expenses of $11,097,596 and total assets of $34,045,153 at year end.
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