Nonprofit · EIN 51-0252306
VENTURE CENTRAL INC
Tax-exempt · CHARLOTTESVLE, VA 22902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $611,234 | $584,435 | $26,799 | $339,545 | $19,738 | $319,807 |
| December 31, 2024 | 990 | $797,425 | $615,712 | $181,713 | $318,140 | $38,342 | $279,798 |
| December 31, 2023 | 990 | $478,304 | $423,601 | $54,703 | $168,658 | $70,573 | $98,085 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $610,084
- of which government grants
- $460,084
- Program service revenue
- $1,150
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $140,000
- Other salaries and wages
- $262,582
- Salaries, compensation and benefits (total)
- $480,145
- Professional fundraising fees
- $3,000
- Accounting fees
- $9,450
- Occupancy
- $967
- Travel
- $5,468
- Program services (functional)
- $498,616
- Management and general (functional)
- $73,982
- Fundraising (functional)
- $11,837
Balance sheet and other
- Total assets, start of year
- $340,274
- Total assets, end of year
- $339,545
- Total liabilities, end of year
- $19,738
- Net assets, end of year
- $319,807
- Net assets without donor restrictions
- $202,160
- Net assets with donor restrictions
- $117,647
- Gross receipts
- $611,234
- Employees
- 15
- Volunteers
- 0
- Year formed
- 1979
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| David Touve | 434 Managing Director Highest-paid employee | 40 | $149,000 | $13,598 |
| Rebecca Haydock | CEO Officer, Highest-paid employee | 40 | $140,000 | $18,976 |
| Timothy Harvey | Board Chair Trustee or director, Officer | 2 | $0 | $0 |
| John Gaskins | Vice Chair & Board Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| Don Long | Board Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Lianne Landers | Director Trustee or director | 1 | $0 | $0 |
| Sarah Rumbaugh | Director Trustee or director | 1 | $0 | $0 |
| Charlie Rogers | Director Trustee or director | 1 | $0 | $0 |
| Chris Engel | Director Trustee or director | 1 | $0 | $0 |
| Emily Kilroy | Director Trustee or director | 1 | $0 | $0 |
| Pyam Pourtaheri | Director Trustee or director | 1 | $0 | $0 |
| Daniel Bailey | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Touve | 434 Managing Director Key employee, Highest-paid employee | 40 | $152,520 |
| Sarah Rumbaugh | Chair Trustee or director, Officer | 1 | $0 |
| Charlie Rogers | Vice Chair Trustee or director, Officer | 1 | $0 |
| Chris Engel | Treasurer Trustee or director, Officer | 1 | $0 |
| Don Long | Director Trustee or director | 1 | $0 |
| Pyam Pourtaheri | Director Trustee or director | 1 | $0 |
| Emily Kilroy | Director Trustee or director | 1 | $0 |
| Timothy Harvey | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sarah Rumbaugh | Chair Trustee or director, Officer | 1 | $0 |
| Charlie Rogers | Vice Chair Trustee or director, Officer | 1 | $0 |
| Chris Engel | Treasurer Trustee or director, Officer | 1 | $0 |
| James Atkinson | Director Trustee or director | 1 | $0 |
| JT Newberry | Director Trustee or director | 1 | $0 |
| Pyam Pourtaheri | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 300 PRESTON AVE STE 206, CHARLOTTESVLE, VA 22902-5044
- Mailing address (990-N for 2021)
- 209 5th Street NE, Charlottesville VA 22902
- Principal officer (990 for 2025)
- Rebecca Haydock, 300 Preston Ave Suite 206, Charlottesville, VA 22902
- Principal officer (990-N for 2021)
- Elizabeth Cromwell, 209 5th Street NE, Charlottesville VA 22902
- Signed the 990
- Rebecca Haydock, CEO
- Phone
- (434) 233-0676
- Website
- https://venturecentralva.com
- Return prepared by
- Grassroots Operations LLC
Mission
Venture Central's mission is to serve and strengthen the Central Virginia entrepreneurial community by building and bridging connections, programs, funding, and spaces. We collaborate with regional entrepreneurs and business support partners for the advancement of the entrepreneurial ecosystem in Central Virginia.
Program accomplishments
- Venture Central is host to the 434 Accelerator program - an early stage innovation commercialization program that provides startup companies with space, programming, interns, mentorship, connection to resources, individualized coaching and community. The program is Central Virginia centric with cohort companies primarily coming from the City of Charlottesville and Albemarle County.Expenses $256,513 · revenue $313,000
- Venture Central hosts the Venture Central Food and Beverage consumer packaged goods (CPG) project. The Food & Beverage Business Accelerator is an initiative to help food and non-alcoholic beverage manufacturers scale. A 2025 planning grant from GO Virginia Region 9 produced a 46-page report that assessed the regional ecosystem, validated market demand, benchmarked successful models, and designed an implementation-ready framework. The report presented data-driven findings that recommended the establishment of a Food & Beverage CPG Business Accelerator in Region 9.Expenses $99,271 · revenue $95,879
- Venture Central convened stakeholders and offered advisory support to projects, programs, and ESOs that support the regional entrepreneurial ecosystem. It facilitated a regional CEO forum consisting of growth-stage CEOs and convened industry and entrepreneurship groups to support education, connection, and coordination - designed to advance a more collaborative and supportive ecosystem in which businesses can thrive. In 2025 Venture Central conducted the Homegrown Innovators event, formed a regional CEO Advisory Board which shared needs and policy considerations, coordinated an entrepreneur service organization advisory group to enhance information sharing and collaboration, developed and expanded an ecosystem resource map, completed the Regional Entrepreneurship Initiative grant, applied for two grants, and supported advancement of a statewide angel network project.Expenses $71,627 · revenue $31,150
- GoVA REI (Regional Entrepreneurship Initiative) for Region 9: Counties of Albemarle, Culpeper, Fauquier, Fluvanna, Louisa, Madison, Nelson and Orange, the city of Charlottesville and the town of Culpeper. The Community Investment Collaborative (CIC), in partnership with Venture Central developed a regional strategy to strengthen and grow the GO Virginia Region 9 entrepreneurial ecosystem. The project engaged a broad range of stakeholders in the region, inventoried available resources and small business funding sources, and developed actionable strategies to increase the rate of new business formation and improve survival rates for early-stage businesses in urban and rural areas. The REI Report "Thrive In Place" was finalized in October of 2024 and an Action Plan was produced in 2025 to highlights gaps and make recommendations based on the report.Expenses $71,205 · revenue $71,205
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 | 990 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
- 51-0252306
- 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
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $339,545
- Income (IRS master file)
- $611,234
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $611,234 | $584,435 | $339,545 | IRS |
| 990 | December 2024 | $797,425 | $615,712 | $318,140 | IRS |
| 990 | December 2023 | $478,304 | $423,601 | $168,658 | XML |
| 990 | December 2022 | $212,093 | $186,650 | $100,443 | IRS |
| 990-N for 2021 Officer: Elizabeth Cromwell | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 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 51-0252306).
Questions about VENTURE CENTRAL INC
- What is the EIN of VENTURE CENTRAL INC?
- The employer identification number (EIN) of VENTURE CENTRAL INC is 51-0252306.
- Is VENTURE CENTRAL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to VENTURE CENTRAL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VENTURE CENTRAL 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 VENTURE CENTRAL INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VENTURE CENTRAL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of VENTURE CENTRAL INC?
- The 990 for the year ended December 31, 2025 names Rebecca Haydock.
- Who are the officers and directors of VENTURE CENTRAL INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 2 received compensation from the organization, the highest $149,000 (David Touve, 434 Managing Director).
- How much revenue does VENTURE CENTRAL INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $611,234, expenses of $584,435 and total assets of $339,545 at year end.
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