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 · Part VII & Schedule J · 6 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Virginia.
- Base
- $231k
- Bonus
- $17k
- Other
- —
- Benefits
- $1k
- Base
- $170k
- Bonus
- $7k
- Other
- —
- Benefits
- $905
- Base
- $164k
- Bonus
- $12k
- Other
- —
- Benefits
- $780
- Base
- $146k
- Bonus
- $7k
- Other
- —
- Benefits
- $993
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO 75th to 90th percentile | $231k | $17k | — | $1k | $275k $292k |
Director of Economic Devel Highest Compensated Employee 75th to 90th percentile | $170k | $7k | — | $905 | $197k $209k |
Deputy Executive Director Median to 75th percentile | $164k | $12k | — | $780 | $194k $206k |
Director of Events Highest Compensated Employee Median to 75th percentile | $146k | $7k | — | $993 | $168k $179k |
Finance Manager 75th to 90th percentilevs all sectors nationwide | — | — | — | — | $146k $155k |
Director of Marketing and Director (Operational) Median to 75th percentilevs Community Improvement & Capacity Building peers nationwide | — | — | — | — | $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 →
Top pay as a share of expenses
In 2024, the highest total compensation at VENTURE RICHMOND INC equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 3%
from 2023
From $268k in 2023 to $275k in 2024.
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.
Chief Executive Officer pay rose 3% from 2023 to 2024, while revenue rose 7%.
- Highest Compensated Employee pay rose 6% from 2023 to 2024.
- Finance Manager pay rose 3% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about VENTURE RICHMOND INC
What does the Chief Executive Officer of VENTURE RICHMOND INC earn?
In 2024, the Chief Executive Officer of VENTURE RICHMOND INC received $275,459 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Virginia, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at VENTURE RICHMOND INC compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in Virginia, the 2024 pay of the Chief Executive Officer at VENTURE RICHMOND INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at VENTURE RICHMOND INC equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are VENTURE RICHMOND INC's revenue and expenses?
In 2024, VENTURE RICHMOND INC reported $8.6M in total revenue and $7.9M in total expenses on its IRS Form 990.
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