VENTURE CENTRAL INC

As filed

Subsection

03

NTEE code

S30

Classification

1200

Street

300 PRESTON AVE STE 206

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

This address is a suite or unit (STE 206). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• VA CDFI COALITION INC

  EIN 88-3267491

Mission and programs · 2025

• Venture Central is host to the 434 Accelerator program - an early stage innovation commercialization program that provides startup companies with space, programming, interns, mentorship, connection to resources, individualized coaching and community. The program is Central Virginia centric with cohort companies primarily coming from the City of Charlottesville and Albemarle County.

  Expenses $256,513 · Revenue $313,000

• Venture Central hosts the Venture Central Food and Beverage consumer packaged goods (CPG) project. The Food & Beverage Business Accelerator is an initiative to help food and non-alcoholic beverage manufacturers scale. A 2025 planning grant from GO Virginia Region 9 produced a 46-page report that assessed the regional ecosystem, validated market demand, benchmarked successful models, and designed an implementation-ready framework. The report presented data-driven findings that recommended the establishment of a Food & Beverage CPG Business Accelerator in Region 9.

  Expenses $99,271 · Revenue $95,879

• Venture Central convened stakeholders and offered advisory support to projects, programs, and ESOs that support the regional entrepreneurial ecosystem. It facilitated a regional CEO forum consisting of growth-stage CEOs and convened industry and entrepreneurship groups to support education, connection, and coordination - designed to advance a more collaborative and supportive ecosystem in which businesses can thrive. In 2025 Venture Central conducted the Homegrown Innovators event, formed a regional CEO Advisory Board which shared needs and policy considerations, coordinated an entrepreneur service organization advisory group to enhance information sharing and collaboration, developed and expanded an ecosystem resource map, completed the Regional Entrepreneurship Initiative grant, applied for two grants, and supported advancement of a statewide angel network project.

  Expenses $71,627 · Revenue $31,150

• GoVA REI (Regional Entrepreneurship Initiative) for Region 9: Counties of Albemarle, Culpeper, Fauquier, Fluvanna, Louisa, Madison, Nelson and Orange, the city of Charlottesville and the town of Culpeper. The Community Investment Collaborative (CIC), in partnership with Venture Central developed a regional strategy to strengthen and grow the GO Virginia Region 9 entrepreneurial ecosystem. The project engaged a broad range of stakeholders in the region, inventoried available resources and small business funding sources, and developed actionable strategies to increase the rate of new business formation and improve survival rates for early-stage businesses in urban and rural areas. The REI Report "Thrive In Place" was finalized in October of 2024 and an Action Plan was produced in 2025 to highlights gaps and make recommendations based on the report.

  Expenses $71,205 · Revenue $71,205

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2025

  Revenue

  $611,234

  Expenses

  $584,435

  Contributions

  $610,084

  Grants paid

  $0

• 2024

  Revenue

  $797,425

  Expenses

  $615,712

  Contributions

  $797,400

  Grants paid

  $0

• 2023

  Revenue

  $478,304

  Expenses

  $423,601

  Contributions

  $474,426

  Grants paid

  $40,000

• 2022

  Revenue

  $212,093

  Expenses

  $186,650

  Contributions

  $212,093

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2020 · 990-EZ

  Revenue

  $0

  Expenses

  $21,696

  Assets (EOY)

  $0

• 2019 · 990-EZ

  Revenue

  $17,417

  Expenses

  $151,256

  Assets (EOY)

  $21,696

• 2018 · 990-EZ

  Revenue

  $103,076

  Expenses

  $195,169

  Assets (EOY)

  $159,165

• 2017 · 990

  Revenue

  $369,534

  Expenses

  $318,451

  Assets (EOY)

  $247,628

• 2016 · 990

  Revenue

  $239,053

  Expenses

  $238,060

  Assets (EOY)

  $196,545

• 2015 · 990

  Revenue

  $313,803

  Expenses

  $146,790

  Assets (EOY)

  $197,192

• 2014 · 990-EZ

  Revenue

  $66,532

  Expenses

  $77,446

  Assets (EOY)

  $28,761

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Form 990-N e-Postcard, tax year 2021

Tax period

1 January 2021 to 31 December 2021

Principal officer

Elizabeth Cromwell

Mailing address

209 5th Street NECharlottesville VA 22902

As filed, from the IRS e-Postcard file of 2 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

• Utrain Inc

  $20,000

  2023 · Grant award to support business development and growth as a local, organically-grown startup benefiting the Central Virginia community.

• Vistaly Inc

  $10,000

  2023 · Grant award to support business development and growth as a local, organically-grown startup benefiting the Central Virginia community.

• CargoLabs Inc

  $10,000

  2023 · Grant award to support business development and growth as a local, organically-grown startup benefiting the Central Virginia community.

Where these grants went next →

Grants received

• VIRGINIA INNOVATION PARTNERSHIP CORPORATION

  $100,000

  2023 · RESEARCH

Other IRS files