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Filing year 2024

VENTURE RICHMOND INC

Richmond, Virginia·EIN 52-1256458·NTEE S31 · Community Improvement & Capacity Building·3
Total revenue
$8.6M
Total assets
$8.8M
Total expenses
$7.9M
Reported officers
64
Mission

VENTURE RICHMOND ENGAGES BUSINESS AND COMMUNITY LEADERS IN PARTNERING WITH THE CITY TO ENHANCE THE VITALITY OF THE COMMUNITY, PARTICULARLY DOWNTOWN, THROUGH ECONOMIC DEVELOPMENT, MARKETING, PROMOTION, ADVOCACY AND EVENTS.

Executive compensation, broken down

Form 990 · Schedule J · 6 reported individuals · Filing year 2024

$275k
$292k
Base
$231k
Bonus
$17k
Other
Benefits
$1k
Director of Economic Devel
highest compensated employee
$197k
$209k
Base
$170k
Bonus
$7k
Other
Benefits
$905
Deputy Executive Director
$194k
$206k
Base
$164k
Bonus
$12k
Other
Benefits
$780
Director of Events
highest compensated employee
$168k
$179k
Base
$146k
Bonus
$7k
Other
Benefits
$993
Finance Manager
highest compensated employee
$146k
$155k
Director of Marketing and
director (operational)
$123k
$130k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 58 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Up 3%
from 2023

From $268k in 2023 to $275k in 2024.

$268k
2023
$275k
2024
In today's dollarsEst.
Roughly flat in real terms$293k to $292k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

VENTURE RICHMOND INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.1M
$7.1M
2023
$8.6M
$7.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Virginia

Comparable community improvement & capacity building organizations in Virginia pay their highest-earning executive a median of $85,577.

25th percentile
$34k
Median
$85,577
75th percentile
$150k
90th percentile
$259k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 70 organizations across 70 filings (2022 – 2023).

See full Community Improvement & Capacity Building pay data for Virginia
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