Nonprofit · EIN 33-1948235
VALENCY FUND INC
Tax-exempt · MADISON, WI 53714
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $10,044,036 | $0 | $10,044,036 | $9,967,353 | $0 | $9,967,353 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $10,013,515
- Program service revenue
- $0
- Investment income
- $30,521
- Net gain from sales of assets
- $5,180
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $9,967,353
- Total liabilities, end of year
- $0
- Net assets, end of year
- $9,967,353
- Publicly traded securities
- $3,753,525
- Gross receipts
- $10,277,343
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2024
- State of legal domicile
- WI
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA STRONG | PRESIDENT Trustee or director, Officer | 0.5 | $0 |
| RALPH KAUTEN | TREASURER, SECRETARY Trustee or director, Officer | 0.5 | $0 |
| TODD KEARNEY | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 3300 COMMERCIAL AVE, MADISON, WI 53714-1458
- Principal officer (990 for 2024)
- LAURA STRONG, 3300 COMMERCIAL AVENUE, MADISON, WI 53714
- Signed the 990
- LAURA STRONG, PRESIDENT
- Phone
- (608) 995-8253
- Website
- VALENCYFUND.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TO LESSEN THE BURDENS OF GOVERNMENT BY SUPPORTING AND CARRYING OUT THEIR PROGRAMS AND INITIATIVES TO ENCOURAGE ECONOMIC DEVELOPMENT AND COMBAT COMMUNITY DETERIORATION. THIS IS ACCOMPLISHED BY FULFILLING UNMET CAPITAL AND ADDITIONAL RESOURCE NEEDS OF EARLY AND GROWTH STAGE BUSINESSES IN WISCONSIN WHO ARE UNDERSERVED BY TRADITIONAL FOR-PROFIT CAPITAL MARKETS.
Program accomplishments
- TO LESSEN THE BURDENS OF GOVERNMENT BY SUPPORTING AND CARRYING OUT THEIR PROGRAMS AND INITIATIVES TO ENCOURAGE ECONOMIC DEVELOPMENT AND COMBAT COMMUNITY DETERIORATION. THIS IS ACCOMPLISHED BY FULFILLING UNMET CAPITAL AND ADDITIONAL RESOURCE NEEDS OF EARLY AND GROWTH STAGE BUSINESSES IN WISCONSIN WHO ARE UNDERSERVED BY TRADITIONAL FOR-PROFIT CAPITAL MARKETS. OPERATIONS WILL BEGIN IN 2025.0
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 33-1948235
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $9,967,353
- Income (IRS master file)
- $10,277,343
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $10,044,036 | $0 | $9,967,353 | IRS |
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 33-1948235).
Questions about VALENCY FUND INC
- What is the EIN of VALENCY FUND INC?
- The employer identification number (EIN) of VALENCY FUND INC is 33-1948235.
- Is VALENCY FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to VALENCY FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALENCY FUND INC 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 VALENCY FUND INC 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 VALENCY FUND INC 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 VALENCY FUND INC?
- The 990 for the year ended December 31, 2024 names LAURA STRONG.
- Who are the officers and directors of VALENCY FUND INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does VALENCY FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $10,044,036, expenses of $0 and total assets of $9,967,353 at year end.
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All nonprofits in MADISON · Wisconsin · Community improvement and capacity building