- Revenue 2024
- $1,169,192
- Expenses 2024
- $1,302,039
Program services were 24.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- S30
- Classification
- 1000
- Street
- 417 MAIN ST
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
3 other organizations in the IRS Business Master File list the same street address. matched by us
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.
-
ARCODEKIDS
EIN 81-1706575
-
ARKANSAS DELTA INFORMER
EIN 93-4470150
-
TECHNOLOGY EMPOWERMENT INITIATIVE
EIN 42-3251783
Mission and programs · 2024
Mission
THE VENTURE CENTER HELPS STARTUPS OBTAIN CUSTOMER VALIDATION & REACH VIABILITY THROUGH SYSTEMATIC PROGRAMMING, PREMIUM MENTORSHIP THAT LEVERAGES BEST PRACTICES IN LEAN METHODOLOGY & STRATEGIC ACCELERATION WITH AN EYE ON REACHING SCALE AND CREATING MEASURABLE ECONOMIC IMPACT.
Activities or mission (Part I)
THE VENTURE CENTER HELPS STARTUPS OBTAIN CUSTOMER VALIDATION & REACH VIABILITY THROUGH SYSTEMATIC PROGRMMING, PREMIUM MENTORSHIP THAT LEVERAGES BEST PRACTICES IN LEAN METHODOLOGY & STRATEGIC ACCELERATION WITH AN EYE ON REACHING SCALE AND CREATING MEASURABLE ECONOMIC IMPACT.
-
THE VENTURE CENTER PROGRAMMED AND LAUNCHED THREE ACCELERATORS DURING THE YEAR. THE ARKANSAS BANKING SOLUTIONS ACCELERATOR/ABSA IS A CONTINUATION OF THE SUCCESSFUL FINTECH PROGRAM MATCHING FINTECH START-UPS WITH BANKS. THE VETERAN-OWNED SMALL BUSINESS ACCELERATOR/VOSB, IN PARTNERSHIP WITH THE ARKANSAS SMALL BUSINESS ADMINISTRATION, IS THE SECOND COHORT OF A TRAINING AND PROFESSIONAL EDUCATION PROGRAM HELPING VETERANS SUCCESSFULLY GROW THEIR EXISTING SMALL BUSINESSES. THE ARKANSAS LITHIUM TECHNOLOGY ACCELERATOR/ALTA, IN PARTNERSHIP WITH MAJOR ENERGY PRODUCERS, IS A NEW PROGRAM BRINGING LEADING LITHIUM ION BATTERY SUPPLY CHAIN TECHNOLOGY START-UP COMPANIES TO ARKANSAS, TO HELP BUILD A NEW LITHIUM ECONOMY IN SUPPORT OF THE NASCENT LITHIUM MINING AND REFINING INDUSTRY IN SOUTH ARKANSAS.
Expenses $300,270
-
THE VENTURE CENTER HELPED PROGRAM AND LAUNCH THE FIRST ARKANSAS LITHIUM INNOVATION SUMMIT, LED BY ARKANSAS COMMERCE SECRETARY HUGH MCDONALD, WITH THE GOAL OF EDUCATING THE LITHIUM/ENERGY INDUSTRY AND OTHER KEY NATIONAL AND STATE GOVERNMENT, ACADEMIC AND BUSINESS LEADERS ABOUT THE ECONOMIC POTENTIAL OF THE STATE'S LITHIUM RESERVES IN THE SMACKOVER FORMATION.
Expenses $15,998
-
THE VENTURE CENTER'S ENTREPRENEURSHIP AND EDUCATIONAL PROGRAMS HAVE SUBSTANTIALLY CONTRIBUTED TO THE CREATION OF MULTIPLE NEW COMPANIES, THE GROWTH OF EXISTING SMALL BUSINESSES AND THE RENEWED INNOVATION OF LARGE CORPORATIONS IN THE STATE. THE VENTURE CENTER IS ALSO FOSTERING AND GROWING A COMMUNITY OF MEMBERS, MENTORS AND PARTNERS THROUGH CURATED PROGRAMMING AND EVENTS RANGING FROM LECTURES AND WORKSHOPS TO SOCIAL AND PROFESSIONAL NETWORKING EVENTS.
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Ray DillonRAY DILLON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Millie WardMILLIE WARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
John HaleyJOHN HALEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Jim WombleJIM WOMBLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Jay ChesshirJAY CHESSHIR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
James HendrenJAMES HENDREN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.3
-
Collins AndrewsCOLLINS ANDREWS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Bill YoderBILL YODER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Arthur OrdunaARTHUR ORDUNA
EXECUTIVE DIRECTOR
- Total calculated
- $233,020
- From this org
- $217,499
- From related orgs
- $0
- Other
- $15,521
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $176,464
- Bonus
- $25,000
- Other
- $16,035
- Deferred
- $6,150
- Nontaxable benefits
- $9,371
- Filer's total
- $233,020
-
Mike O'MalleyMIKE O'MALLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
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
-
2024
- Revenue
- $1,169,192
- Expenses
- $1,302,039
- Contributions
- $1,096,387
- Grants paid
- $0
-
2023
- Revenue
- $1,441,064
- Expenses
- $1,898,909
- Contributions
- $1,272,345
- Grants paid
- $0
-
2022
- Revenue
- $1,886,810
- Expenses
- $2,131,949
- Contributions
- $1,582,928
- 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
-
2021 · 990
- Revenue
- $2,111,036
- Expenses
- $1,647,407
- Assets (EOY)
- $4,361,436
-
2020 · 990
- Revenue
- $3,402,761
- Expenses
- $1,270,226
- Assets (EOY)
- $3,548,174
-
2019 · 990
- Revenue
- $1,749,130
- Expenses
- $1,291,122
- Assets (EOY)
- $1,539,302
-
2018 · 990
- Revenue
- $1,142,806
- Expenses
- $988,469
- Assets (EOY)
- $1,103,493
-
2017 · 990
- Revenue
- $962,627
- Expenses
- $871,690
- Assets (EOY)
- $977,156
-
2016 · 990
- Revenue
- $1,049,622
- Expenses
- $720,614
- Assets (EOY)
- $837,212
-
2015 · 990
- Revenue
- $789,612
- Expenses
- $296,420
- Assets (EOY)
- $528,165
-
2014 · 990
- Revenue
- $259,559
- Expenses
- $225,223
- Assets (EOY)
- $36,646
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 2013
- Tax period
- 1 January 2013 to 31 December 2013
- Principal officer
-
Lee Watson
- Mailing address
- 1 Chamber PlazaLittle Rock AR 72201
As filed, from the IRS e-Postcard file of 26 October 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
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
$25,000
2023 SPONSORSHIP
-
2024 GENERAL SUPPORT
-
2022 THIS ORGANIZATION SUPPORTS BUSINESSES THAT DEVELOP PRODUCTS AND TECHNOLOGIES THAT FURTHER THE MISSION OF ICBA AND ITS SUPPORT OF COMMUNITY BANKS.
-
$10,000
2025 SPONSORHSIP
-
2024 ENTERPRENEURIAL SUPPORT
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.