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Nonprofit · EIN 52-1481894

VIRGINIA NATIONAL GUARD VENTURES INC

Tax-exempt · LYNCHBURG, VA 24503

Financials

$145K$92K2023$149K$106K2024
Revenue Expenses · by fiscal year end
Financials of VIRGINIA NATIONAL GUARD VENTURES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$148,726$106,002$42,724$956,363$0$956,363
December 31, 2023990$145,435$91,760$53,675$913,639$0$913,639
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$109,192
Investment income
$39,534
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$600
Program services (functional)
$105,048
Management and general (functional)
$954

Balance sheet and other

Total assets, start of year
$913,639
Total assets, end of year
$956,363
Total liabilities, end of year
$0
Net assets, end of year
$956,363
Net assets without donor restrictions
$956,363
Gross receipts
$148,726
Employees
0
Year formed
1974
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
CHARLES B FAULCONER JrPRESIDENT
Trustee or director, Officer
10$0
JAY ELLISTREASURER
Trustee or director, Officer
10$0
RONALD EMERSONDIRECTOR
Trustee or director, Officer
10$0
RAYMOND E BOWLESDIRECTOR
Trustee or director
10$0
WILLIAM H LOGANDIRECTOR
Trustee or director
10$0
ALLAN R SMITHSECRETARY
Trustee or director, Officer
10$0
KENNETH W SMITHDIRECTOR
Trustee or director
10$0
GARY WOODDIRECTOR
Trustee or director
10$0
ROBERT P KUYKENDALLDIRECTOR
Trustee or director
10$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
KENNETH W SMITHDIRECTOR
Trustee or director
10$0
WILLIAM H LOGANDIRECTOR
Trustee or director
10$0
ROBERT P KUYKENDALLDIRECTOR
Trustee or director
10$0
GARY WOODDIRECTOR
Trustee or director
10$0
RAYMOND E BOWLESDIRECTOR
Trustee or director
10$0
JAY ELLISTREASURER
Trustee or director, Officer
10$0
CHARLES B FAULCONER JRPRESIDENT
Trustee or director, Officer
10$0
ALLAN R SMITHSECRETARY
Trustee or director, Officer
10$0
RONALD EMERSONDIRECTOR
Trustee or director, Officer
10$0

Address and contacts

Address (IRS master file)
4627 FIELDALE RD, LYNCHBURG, VA 24503-1949
In care of
% CHARLES B FAULCONER
Principal officer (990 for 2024)
RONALD EMERSON, 4627 FIELDALE ROAD, LYNCHBURG, VA 24503
Signed the 990
CHARLES B FAULCONER, PRESIDENT
Phone
(434) 665-4621
Return prepared by
DOLAN GROUP LLC

Mission

PROVIDE INSURANCE TO MEMBERS OF THE VIRGINIA NATIONAL GUARD

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED INSURANCE BENEFITS TO MEMBERS OF THE VIRGINIA NATIONAL GUARD
    Expenses $105,048

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-1481894
Tax-exempt status
501(c)(19): Veterans' organization
Donations deductible
No
Exempt since
1985
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$956,363
Income (IRS master file)
$148,726

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$148,726$106,002$956,363XML
990December 2023$145,435$91,760$913,639XML
990December 2022$117,569$85,096$859,964IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2017–––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 52-1481894).

Questions about VIRGINIA NATIONAL GUARD VENTURES INC

What is the EIN of VIRGINIA NATIONAL GUARD VENTURES INC?
The employer identification number (EIN) of VIRGINIA NATIONAL GUARD VENTURES INC is 52-1481894.
Is VIRGINIA NATIONAL GUARD VENTURES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(19) since 1985.
Are donations to VIRGINIA NATIONAL GUARD VENTURES INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does VIRGINIA NATIONAL GUARD VENTURES 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 VIRGINIA NATIONAL GUARD VENTURES INC 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 VIRGINIA NATIONAL GUARD VENTURES INC 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 VIRGINIA NATIONAL GUARD VENTURES INC?
The 990 for the year ended December 31, 2024 names RONALD EMERSON.
Who are the officers and directors of VIRGINIA NATIONAL GUARD VENTURES INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does VIRGINIA NATIONAL GUARD VENTURES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $148,726, expenses of $106,002 and total assets of $956,363 at year end.

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