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Nonprofit · EIN 54-1640716

VIRGINIA BIOTECHNOLOGY RESEARCH PARK

Tax-exempt · RICHMOND, VA 23219

Financials

$1.3M$1.8M2022$1.5M$1.6M2023$1.5M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of VIRGINIA BIOTECHNOLOGY RESEARCH PARK by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,526,377$1,309,343$217,034$1,249,291$995,405$253,886
June 30, 2024990$1,454,208$1,583,864-$129,656$2,408,437$2,371,585$36,852
June 30, 2023990$1,323,136$1,780,360-$457,224$2,628,517$1,765,697$862,820
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,494,770
of which government grants
$1,494,770
Program service revenue
$0
Investment income
$31,607
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$273,115
Salaries, compensation and benefits (total)
$339,493
Professional fundraising fees
$0
Travel
$42,379
Program services (functional)
$1,307,311
Management and general (functional)
$2,032

Balance sheet and other

Total assets, start of year
$2,408,437
Total assets, end of year
$1,249,291
Total liabilities, end of year
$995,405
Net assets, end of year
$253,886
Gross receipts
$1,526,377
Employees
0
Volunteers
0
Year formed
1992
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.

NameTitleHours / weekCompensation
CHANDRA BRIGGMANCEO
Trustee or director, Officer
10$0
ROBERT KLEINDIRECTOR
Trustee or director
0.17$0
MICHAEL RAOCHAIR
Trustee or director, Officer
0.33$0
JENNIFER FINNVICE-CHAIR
Trustee or director, Officer
0.17$0
JOHN A VITHOULKASSECRETARY
Trustee or director, Officer
0.17$0
KAREN BOOTH ADAMSDIRECTOR
Trustee or director
0.17$0
BRIAN ANDERSONDIRECTOR
Trustee or director
0.17$0
THE HON CAREN MERRICKDIRECTOR
Trustee or director
0.17$0
JOHN BUDESKYDIRECTOR
Trustee or director
0.17$0
DR JOSHEPH P CASEYDIRECTOR
Trustee or director
0.17$0
ELIZABETH CREAMERDIRECTOR
Trustee or director
0.17$0
ERIN POWELLDIRECTOR / EXECUTIVE DIREC
Trustee or director, Officer
40$0
P SRIRAMA RAODIRECTOR
Trustee or director
0.17$0
LISA SIMSDIRECTOR
Trustee or director
0.17$0
THE HON LEVAR STONEYDIRECTOR
Trustee or director
0.17$0
3 more people on this return
NameTitleHours / weekCompensation
RICHARD WINTSCHDIRECTOR
Trustee or director
0.17$0
GARRET WESTLAKEDIRECTOR
Trustee or director
0.17$0
PAUL NOLDETREASURER
Officer
0.17$0
990 for the year ended June 30, 2024: 18 people
NameTitleHours / weekCompensation
CHANDRA BRIGGMANCEO
Trustee or director, Officer
10$0
ROBERT KLEINDIRECTOR
Trustee or director
0.17$0
MICHAEL RAOCHAIR
Trustee or director, Officer
0.33$0
JENNIFER FINNVICE-CHAIR
Trustee or director, Officer
0.17$0
JOHN A VITHOULKASSECRETARY
Trustee or director, Officer
0.17$0
KAREN BOOTH ADAMSDIRECTOR
Trustee or director
0.17$0
BRIAN ANDERSONDIRECTOR
Trustee or director
0.17$0
THE HON CAREN MERRICKDIRECTOR
Trustee or director
0.17$0
JOHN BUDESKYDIRECTOR
Trustee or director
0.17$0
DR JOSHEPH P CASEYDIRECTOR
Trustee or director
0.17$0
ELIZABETH CREAMERDIRECTOR
Trustee or director
0.17$0
ERIN POWELLDIRECTOR / EXECUTIVE DIREC
Trustee or director, Officer
40$0
P SRIRAMA RAODIRECTOR
Trustee or director
0.17$0
LISA SIMSDIRECTOR
Trustee or director
0.17$0
THE HON LEVAR STONEYDIRECTOR
Trustee or director
0.17$0
RICHARD WINTSCHDIRECTOR
Trustee or director
0.17$0
GARRET WESTLAKEDIRECTOR
Trustee or director
0.17$0
PAUL NOLDETREASURER
Officer
0.17$0
990 for the year ended June 30, 2023: 18 people
NameTitleHours / weekCompensation
CHANDRA BRIGGMANCEO
Trustee or director, Officer
10$0
ROBERT KLEINDIRECTOR
Trustee or director
0.17$0
MICHAEL RAOCHAIR
Trustee or director, Officer
0.33$0
JENNIFER FINNVICE-CHAIR
Trustee or director, Officer
0.17$0
JOHN A VITHOULKASSECRETARY
Trustee or director, Officer
0.17$0
KAREN BOOTH ADAMSDIRECTOR
Trustee or director
0.17$0
BRIAN ANDERSONDIRECTOR
Trustee or director
0.17$0
THE HON CAREN MERRICKDIRECTOR
Trustee or director
0.17$0
JOHN BUDESKYDIRECTOR
Trustee or director
0.17$0
DR JOSHEPH P CASEYDIRECTOR
Trustee or director
0.17$0
ELIZABETH CREAMERDIRECTOR
Trustee or director
0.17$0
ERIN POWELLDIRECTOR / EXECUTIVE DIREC
Trustee or director, Officer
40$0
P SRIRAMA RAODIRECTOR
Trustee or director
0.17$0
LISA SIMSDIRECTOR
Trustee or director
0.17$0
THE HON LEVAR STONEYDIRECTOR
Trustee or director
0.17$0
RICHARD WINTSCHDIRECTOR
Trustee or director
0.17$0
GARRET WESTLAKEDIRECTOR
Trustee or director
0.17$0
PAUL NOLDETREASURER
Officer
0.17$0

Address and contacts

Address (IRS master file)
800 EAST LEIGH STREET, RICHMOND, VA 23219-1551
Mailing address (990-N for 2014)
800 East Leigh Street, Richmond VA 23219
Principal officer (990 for 2024)
BETH O'DONNELL, 800 EAST LEIGH STREET, RICHMOND, VA 23219
Principal officer (990-N for 2014)
Carrie Roth, 800 East Leigh Street, Richmond VA 23219
Signed the 990
BETH O'DONNELL, VICE PESIDENT OF FINANCE
Phone
(804) 828-0963
Return prepared by
FRANK BARCALOW CPA PLLC

Mission

VIRGINIA BIOTECHNOLOGY RESEARCH PARK (THE ACTIVATION COUNCIL), AS AN ANCHOR FOR THE KNOWLEDGE-BASED COMMUNITY , WILL PROVIDE THE LEADERSHIP AND VISION TO THE RICHMOND REGIONAL INNOVATION ECOSYSTEM WITH A WILLINGNESS TO INVENT, TAKE AND MANAGE RISKS, AND SHARE CREDIT FOR SUCCESS.

990 for the year ended June 30, 2025

Program accomplishments

  • SUPPORT OF LIGHTHOUSE LABS REGIONAL ACCELERATION PROGRAM AND HOSTED THE SCOREBOARD BUSINESS MODEL COMPETITION.
    Expenses $1,307,311

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
54-1640716
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
1993
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,249,291
Income (IRS master file)
$1,526,377

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,526,377$1,309,343$1,249,291IRS
990June 2024$1,454,208$1,583,864$2,408,437IRS
990June 2023$1,323,136$1,780,360$2,628,517XML
990June 2022$1,876,994$1,403,898$1,634,872IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS
990-N for 2014
Officer: Carrie Roth
June 30, 2015≤ $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 54-1640716).

Questions about VIRGINIA BIOTECHNOLOGY RESEARCH PARK

What is the EIN of VIRGINIA BIOTECHNOLOGY RESEARCH PARK?
The employer identification number (EIN) of VIRGINIA BIOTECHNOLOGY RESEARCH PARK is 54-1640716.
Is VIRGINIA BIOTECHNOLOGY RESEARCH PARK tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to VIRGINIA BIOTECHNOLOGY RESEARCH PARK tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VIRGINIA BIOTECHNOLOGY RESEARCH PARK 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 BIOTECHNOLOGY RESEARCH PARK 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 BIOTECHNOLOGY RESEARCH PARK 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 BIOTECHNOLOGY RESEARCH PARK?
The 990 for the year ended June 30, 2025 names BETH O'DONNELL.
Who are the officers and directors of VIRGINIA BIOTECHNOLOGY RESEARCH PARK?
The 990 for the year ended June 30, 2025 lists 18 people; 0 received compensation from the organization.
How much revenue does VIRGINIA BIOTECHNOLOGY RESEARCH PARK have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,526,377, expenses of $1,309,343 and total assets of $1,249,291 at year end.

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