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Nonprofit · EIN 81-1426667

BRONZE VALLEY CORP

Tax-exempt · BIRMINGHAM, AL 35203

Financials

$3.9M$2.4M2023$3.9M$2.9M2024
Revenue Expenses · by fiscal year end
Financials of BRONZE VALLEY CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,920,583$2,895,859$1,024,724$10,495,393$2,333,037$8,162,356
December 31, 2023990$3,883,244$2,416,137$1,467,107$7,726,895$589,263$7,137,632
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,807,500
of which government grants
$50,000
Program service revenue
$0
Investment income
$109,627
Net gain from sales of assets
$4,839
Other revenue
$3,456

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$327,745
Salaries, compensation and benefits (total)
$379,718
Professional fundraising fees
$0
Legal fees
$48,159
Accounting fees
$19,655
Occupancy
$202,195
Travel
$35,331
Program services (functional)
$2,463,998
Management and general (functional)
$431,861

Balance sheet and other

Total assets, start of year
$7,726,895
Total assets, end of year
$10,495,393
Total liabilities, end of year
$2,333,037
Net assets, end of year
$8,162,356
Gross unrelated business income
$3,456
Gross receipts
$4,020,583
Employees
3
Volunteers
0
Year formed
2015
State of legal domicile
AL

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
April BenetolloBoard Member
Trustee or director
1$0
Brian HamiltonBoard Member
Trustee or director
1$0
Herschell HamiltonBoard Member
Trustee or director
1$0
Bobbie KnightBoard Member
Trustee or director
1$0
Robert HarrisBoard Member
Trustee or director
1$0
Donna GambrellBoard Member
Trustee or director
1$0
John O Hudson IIIBoard Chairman
Officer
1$0
Neill S WrightBoard President
Officer
1$0
Houston SmithTreasurer
Officer
1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
April BenetolloBoard Member
Trustee or director
1$0
Brian HamiltonBoard Member
Trustee or director
1$0
Herschell HamiltonBoard Member
Trustee or director
1$0
Houston SmithBoard Member
Trustee or director
1$0
Bobbie KnightBoard Member
Trustee or director
1$0
Greg BarkerBoard Member
Trustee or director
1$0
Robert HarrisBoard Member
Trustee or director
1$0
Donna GambrellBoard Member
Trustee or director
1$0
John O Hudson IIIBoard Chairman
Officer
1$0
Neill S WrightBoard President
Officer
1$0

Address and contacts

Address (IRS master file)
420 20TH ST N STE 2200, BIRMINGHAM, AL 35203-3261
In care of
% J HOUSTON SMITH III
Mailing address (990-N for 2017)
600 18th St N, Birmingham AL 35203
Principal officer (990 for 2024)
Neill S Wright, 420 20th Street N Ste 2200, Birmingham, AL 35203
Principal officer (990-N for 2017)
J Houston Smith, 600 18th Street North, Birmingham AL 35203
Signed the 990
Neill S Wright, Board President
Phone
(917) 957-6859
Return prepared by
Kassouf & Co Inc

Mission

Bronze Valley's mission is to empower under-resourced entrepreneurs by providing holistic venture capital solutions that catalyze innovation and impact.

990 for the year ended December 31, 2024

Program accomplishments

  • In 2024, Bronze Valley made new or additional investments in early-stage technology companies, generally founded by under-resourced entrepreneurs. The investments expanded Bronze Valley's portfolio to over 35 companies covering the Southeast, Southwest, Mid-Atlantic, and Midwest regions of the country. Bronze Valley developed a platform of services which is referred to as the Bronze Valley VentureLab designed to further support its portfolio companies and/or potential investment opportunities.
    Expenses $2,463,998

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
81-1426667
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,495,393
Income (IRS master file)
$4,020,583

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,920,583$2,895,859$10,495,393XML
990December 2023$3,883,244$2,416,137$7,726,895XML
990December 2022$5,029,357$1,307,130$6,349,054IRS
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2019–––IRS
990December 2018–––IRS
990-N for 2017
Officer: J Houston Smith
December 31, 2017≤ $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 81-1426667).

Questions about BRONZE VALLEY CORP

What is the EIN of BRONZE VALLEY CORP?
The employer identification number (EIN) of BRONZE VALLEY CORP is 81-1426667.
Is BRONZE VALLEY CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2016.
Are donations to BRONZE VALLEY CORP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BRONZE VALLEY CORP 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 BRONZE VALLEY CORP 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 BRONZE VALLEY CORP 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 BRONZE VALLEY CORP?
The 990 for the year ended December 31, 2024 names Neill S Wright.
Who are the officers and directors of BRONZE VALLEY CORP?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does BRONZE VALLEY CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,920,583, expenses of $2,895,859 and total assets of $10,495,393 at year end.

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