Nonprofit · EIN 52-1296842
NATIONAL VENTURE CAPITAL ASSOCIATION
Tax-exempt · WASHINGTON, DC 20001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $9,423,661 | $7,762,535 | $1,661,126 | $18,112,050 | $7,197,583 | $10,914,467 |
| December 31, 2023 | 990 | $9,262,904 | $6,990,083 | $2,272,821 | $13,745,529 | $4,646,416 | $9,099,113 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $9,039,391
- Investment income
- $372,414
- Net gain from sales of assets
- -$47,014
- Other revenue
- $11,856
Expenses
- Grants and similar amounts paid
- $5,000
- Compensation of officers, directors and key employees
- $2,076,947
- Other salaries and wages
- $1,974,424
- Salaries, compensation and benefits (total)
- $4,641,366
- Professional fundraising fees
- $0
- Legal fees
- $222,979
- Accounting fees
- $174,580
- Occupancy
- $739,271
- Travel
- $153,830
- Depreciation
- $151,522
Balance sheet and other
- Total assets, start of year
- $13,745,529
- Total assets, end of year
- $18,112,050
- Total liabilities, end of year
- $7,197,583
- Net assets, end of year
- $10,914,467
- Land, buildings and equipment
- $1,056,245
- Net assets without donor restrictions
- $10,914,467
- Gross unrelated business income
- $7,266
- Gross receipts
- $9,551,219
- Employees
- 0
- Volunteers
- 39
- Year formed
- 1973
- State of legal domicile
- DC
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 | Other / benefits |
|---|---|---|---|---|
| ROBERT BOBBY FRANKLIN | PRESIDENT & CEO Officer | 37.5 | $1,363,110 | $174,570 |
| CHRISTINA MARTIN | CHIEF OPERATING OFFICER Key employee | 37.5 | $529,000 | $34,053 |
| MARYAM HAQUE | EXECUTIVE DIRECTOR, VENTURE FORWARD Highest-paid employee | 0.25 | $503,692 | $34,482 |
| JASON VITA | VICE PRESIDENT BUSINESS DEVELOPMENT Highest-paid employee | 37.5 | $223,115 | $26,272 |
| SHILOH TILLEMANN-DICK | RESEARCH DIRECTOR Highest-paid employee | 37.5 | $210,038 | $25,396 |
| CAROLINE SCHELLHAS | VP GOVERNMENT AFFAIRS (FROM APR '24) Highest-paid employee | 37.5 | $200,891 | $32,171 |
| ASHLYN ROBERTS | VP GOVERNMENT AFFAIRS Highest-paid employee | 37.5 | $199,183 | $29,629 |
| BYRON DEETER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| CHARLES HUDSON | CHAIR (TO MAY '24) Trustee or director, Officer | 2 | $0 | $0 |
| VINEETA AGARWALA | EXCOM CHAIR ELECT Trustee or director, Officer | 2 | $0 | $0 |
| JILL JARRETT | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| REBECCA LUCIA | TREASURER (TO NOV '24) Trustee or director, Officer | 0.3 | $0 | $0 |
| DANIEL LEVINE | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| GREG SANDS | SECRETARY (TO MAY '24) Trustee or director, Officer | 2 | $0 | $0 |
| GAVIN CHRISTENSEN | EXCOM AT-LARGE Trustee or director, Officer | 2 | $0 | $0 |
31 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEREMY LIEW | EXCOM AT-LARGE Trustee or director, Officer | 2 | $0 |
| DEENA SHAKIR | EXCOM AT-LARGE Trustee or director, Officer | 2 | $0 |
| MOLLY BONAKDARPOUR | DIRECTOR Trustee or director | 0.3 | $0 |
| ERICA BRESCIA | DIRECTOR (FROM MAY '24) Trustee or director | 0.3 | $0 |
| KRISTINA BUROW | DIRECTOR Trustee or director | 0.3 | $0 |
| PETER CHUNG | DIRECTOR (TO MAY '24) Trustee or director | 0.3 | $0 |
| BEEZER CLARKSON | DIRECTOR Trustee or director | 0.3 | $0 |
| DAVID DANIELSON | DIRECTOR Trustee or director | 0.3 | $0 |
| SCOTT DORSEY | DIRECTOR (TO MAY '24) Trustee or director | 0.3 | $0 |
| RIC FENTON | DIRECTOR (FROM MAY '24) Trustee or director | 0.3 | $0 |
| SHAUNTEL GARVEY | DIRECTOR Trustee or director | 0.3 | $0 |
| AZIZ GILANI | DIRECTOR (FROM MAY '24) Trustee or director | 0.3 | $0 |
| HILARY GOSHER | DIRECTOR Trustee or director | 0.3 | $0 |
| KIRSTEN GREEN | DIRECTOR Trustee or director | 0.3 | $0 |
| DAVID HALL | DIRECTOR Trustee or director | 0.3 | $0 |
| MAMOON HAMID | DIRECTOR Trustee or director | 0.3 | $0 |
| JACLYN FREEMAN HESTER | DIRECTOR Trustee or director | 0.3 | $0 |
| RYAN NECE | DIRECTOR (FROM MAY '24) Trustee or director | 0.3 | $0 |
| JOHN NEIS | DIRECTOR Trustee or director | 0.3 | $0 |
| KIRK NIELSON | DIRECTOR (TO MAY '24) Trustee or director | 0.3 | $0 |
| NNAMDI OKIKE | DIRECTOR Trustee or director | 0.3 | $0 |
| CARMEN PALAFOX | DIRECTOR (TO MAY '24) Trustee or director | 0.3 | $0 |
| TOM SHEHAB | DIRECTOR (FROM MAY '24) Trustee or director | 0.3 | $0 |
| STEVE SOCOLOF | DIRECTOR Trustee or director | 0.3 | $0 |
| CHELSEA STONER | DIRECTOR (FROM MAY '24) Trustee or director | 0.3 | $0 |
| JARRID TINGLE | DIRECTOR (FROM MAY '24) Trustee or director | 0.3 | $0 |
| ADAM VALKIN | DIRECTOR Trustee or director | 0.3 | $0 |
| DON VIEIRA | DIRECTOR Trustee or director | 0.3 | $0 |
| DAVID WACHTER | DIRECTOR (TO NOV '24) Trustee or director | 0.3 | $0 |
| NICK WASHBURN | DIRECTOR Trustee or director | 0.3 | $0 |
| RICK YANG | DIRECTOR (FROM MAY '24) Trustee or director | 0.3 | $0 |
990 for the year ended December 31, 2023: 46 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROBERT BOBBY FRANKLIN | PRESIDENT & CEO Officer | 36.75 | $1,285,436 | $164,837 |
| MARYAM HAQUE | EXECUTIVE DIRECTOR, VENTURE FORWARD Highest-paid employee | 0.25 | $453,583 | $26,813 |
| CHRISTINA MARTIN | CHIEF OPERATING OFFICER Key employee | 37.5 | $384,379 | $21,433 |
| JUSTIN FIELD | CHIEF STRATEGY OFFICER (TO SEP '23) Highest-paid employee | 37.5 | $289,600 | $15,282 |
| JASON VITA | VICE PRESIDENT BUSINESS DEVELOPMENT Highest-paid employee | 37.5 | $206,929 | $20,564 |
| SHILOH TILLEMANN-DICK | RESEARCH DIRECTOR Highest-paid employee | 37.5 | $204,814 | $20,450 |
| MICHELE SOLOMON | SENIOR DIRECTOR, ADMINISTRATION Highest-paid employee | 37.5 | $182,299 | $19,499 |
| CHARLES HUDSON | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| EMILY MELTON | CHAIR (TO MAY '23) Trustee or director, Officer | 2 | $0 | $0 |
| BYRON DEETER | CHAIR-ELECT Trustee or director, Officer | 2 | $0 | $0 |
| VINEETA AGARWALA | EXCOM AT-LARGE Trustee or director, Officer | 2 | $0 | $0 |
| DANIEL LEVINE | EXCOM AT-LARGE Trustee or director, Officer | 2 | $0 | $0 |
| MOHAMAD MAKHZOUMI | EXCOM AT-LARGE (TO MAY '23) Trustee or director, Officer | 2 | $0 | $0 |
| DEENA SHAKIR | EXCOM AT-LARGE Trustee or director, Officer | 2 | $0 | $0 |
| JILL JARRETT | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| GREG SANDS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MOLLY BONAKDARPOUR | DIRECTOR (FROM MAY '23) Trustee or director | 0.3 | $0 | $0 |
| KRISTINA BUROW | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| BEEZER CLARKSON | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| GAVIN CHRISTENSEN | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| PETER CHUNG | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| DAVID DANIELSON | DIRECTOR (FROM MAY '23) Trustee or director | 0.3 | $0 | $0 |
| DIANE DAYCH | DIRECTOR (TO MAY '23) Trustee or director | 0.3 | $0 | $0 |
| SCOTT DORSEY | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| RYAN DRANT | DIRECTOR (TO MAY '23) Trustee or director | 0.3 | $0 | $0 |
| PATRICK ENRIGHT | DIRECTOR (TO MAY '23) Trustee or director | 0.3 | $0 | $0 |
| SHAUNTEL GARVEY | DIRECTOR (FROM MAY '23) Trustee or director | 0.3 | $0 | $0 |
| HILARY GOSHER | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| KIRSTEN GREEN | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| DAVID HALL | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| MAMOON HAMID | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| JACLYN FREEMAN HESTER | DIRECTOR (FROM MAY '23) Trustee or director | 0.3 | $0 | $0 |
| JEREMY LIEW | DIRECTOR (FROM MAY '23) Trustee or director | 0.3 | $0 | $0 |
| REBECCA LUCIA | DIRECTOR (FROM MAY '23) Trustee or director | 0.3 | $0 | $0 |
| JOHN NEIS | DIRECTOR (FROM MAY '23) Trustee or director | 0.3 | $0 | $0 |
| KIRK NIELSEN | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| NDAMDI OKIKE | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| CARMEN PALAFOX | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| RENATA QUINTINI | DIRECTOR (TO MAY '23) Trustee or director | 0.3 | $0 | $0 |
| SCOTT RANEY | DIRECTOR (TO MAY '23) Trustee or director | 0.3 | $0 | $0 |
| DANA SETTLE | DIRECTOR (TO MAY '23) Trustee or director | 0.3 | $0 | $0 |
| STEVE SOCOLOF | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| ADAM VALKIN | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| DON VIEIRA | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| DAVID WACHTER | DIRECTOR (FROM MAY '23) Trustee or director | 0.3 | $0 | $0 |
| NICK WASHBURN | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 200 MASSACHUSETTS AVE NW 520, WASHINGTON, DC 20001-1429
- Principal officer (990 for 2024)
- ROBERT BOBBY FRANKLIN, 200 MASSACHUSETTS AVE NW 520, WASHINGTON, DC 20001
- Signed the 990
- ROBERT BOBBY FRANKLIN, PRESIDENT & CEO
- Phone
- (202) 864-5920
- Website
- WWW.NVCA.ORG
- Return prepared by
- JOHNSON LAMBERT LLP
Mission
NVCA UNITES THE U.S. ENTREPRENEURIAL ECOSYSTEM TO SUPPORT THE FORMATION OF HIGH-GROWTH COMPANIES AND ENSURE THE U.S. REMAINS THE MOST COMPETITIVE ENVIRONMENT IN THE WORLD FOR ENTREPRENEURS AND INNOVATION. POWERED BY OUR MEMBERS, NVCA CONVENES VENTURE CAPITAL INVESTORS, ENTREPRENEURS, INDUSTRY PARTNERS AND OTHER ECOSYSTEM PARTICIPANTS TO SHAPE PUBLIC POLICY, DEVELOP AND LEAD INDUSTRY INITIATIVES, SPEARHEAD INDUSTRY RESEARCH, AND FACILITATE PROFESSIONAL DEVELOPMENT.
Program accomplishments
- ADVOCACY & INDUSTRY INITIATIVES: NVCA WORKS WITH POLICYMAKERS, THE MEDIA, AND ORGANIZATIONS NATIONWIDE TO FOSTER AN UNDERSTANDING OF THE OUTSIZED IMPACT VENTURE CAPITAL INVESTORS AND THE ENTREPRENEURS THEY SUPPORT HAVE ON THE ECONOMY, JOB CREATION, AND INNOVATION. NVCA'S POLICY PRIORITIES INCLUDE: TAX REFORM THAT ENCOURAGES NEW COMPANY FORMATION; LESSEN THE REGULATORY BURDEN ON VCS AND STARTUPS; IMMIGRATION POLICY THAT ATTRACTS AND RETAINS IMMIGRANT ENTREPRENEURS; TECHNOLOGY POLICY THAT SUPPORTS STARTUPS AND DISRUPTION; SUPPORT INVESTMENT INTO HEALTHCARE COMPANIES THAT IMPROVE LIVES; FACILITATE TECHNOLOGY TRANSFER AND INCREASE BASIC RESEARCH FUNDING; AND ADVOCACY FOR REFORMS TO ENCOURAGE MORE VENTURE-BACKED COMPANIES TO GO PUBLIC. IN ADDITION TO ITS PUBLIC POLICY PRIORITIES, NVCA SPEARHEADS A NUMBER OF EFFORTS TO PROMOTE THE IMPORTANT ROLE OF VENTURE CAPITAL IN SUPPORTING ENTREPRENEURSHIP AND INNOVATION.
- COMMUNITY & EDUCATION: NVCA MEMBERS ENGAGE WITH THEIR PEERS THROUGH EVENTS, PROFESSIONAL DEVELOPMENT, CONTINUING EDUCATION, AND ADVISORY COMMITTEES AND PEER GROUPS. MEMBERS RECEIVE COMPLIMENTARY OR DISCOUNTED ACCESS TO OUR PREMIER ANNUAL EVENTS AND CONFERENCES, REGIONAL DINNERS AND NETWORKING EVENTS, AND WORKSHOPS ACROSS THE COUNTRY. THROUGH ADVISORY COMMITTEES AND PEER GROUPS, NVCA MEMBERS ARE INVITED TO TACKLE CRITICAL ISSUES FACING THE INDUSTRY, LEAD ON INDUSTRY INITIATIVES, AND ATTEND NETWORKING OPPORTUNITIES. NVCA OFFERS MEMBERS ONGOING EDUCATION AND PROFESSIONAL DEVELOPMENT THROUGH WEBINARS, DIGITAL RESOURCES, AND IN-PERSON EVENTS THROUGHOUT THE YEAR.
- NVCA'S RESEARCH FOCUSES ON SHARING DATA, PROVIDING INSIGHTS INTO INDUSTRY TRENDS, AND QUANTIFYING THE SIZE AND IMPACT OF THE ENTREPRENEURIAL ECOSYSTEM. NVCA COLLECTS, ANALYZES, AND PUBLISHES DATA AND RESEARCH ON VENTURE CAPITAL ACTIVITY. PITCHBOOK IS THE OFFICIAL DATA PROVIDER OF NVCA AND THROUGH THAT PARTNERSHIP, NVCA PRODUCES THE QUARTERLY PITCHBOOK-NVCA VENTURE MONITOR, THE DEFINITIVE QUARTERLY REVIEW OF THE U.S. VENTURE CAPITAL ECOSYSTEM AND TRENDS. IN ADDITION, NVCA USES PITCHBOOK DATA TO PRODUCE THE NVCA YEARBOOK, AN ANNUAL COMPREHENSIVE ANALYSIS OF U.S. VENTURE CAPITAL INDUSTRY STATISTICS AND REVIEW OF NVCA ACTIVITIES FROM THE PAST YEAR.
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 | 990 on file |
IRS record
- EIN
- 52-1296842
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1973
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $18,112,050
- Income (IRS master file)
- $9,551,219
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $9,423,661 | $7,762,535 | $18,112,050 | XML |
| 990 | December 2023 | $9,262,904 | $6,990,083 | $13,745,529 | XML |
| 990 | December 2022 | $8,555,266 | $7,014,298 | $11,509,918 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 52-1296842).
Questions about NATIONAL VENTURE CAPITAL ASSOCIATION
- What is the EIN of NATIONAL VENTURE CAPITAL ASSOCIATION?
- The employer identification number (EIN) of NATIONAL VENTURE CAPITAL ASSOCIATION is 52-1296842.
- Is NATIONAL VENTURE CAPITAL ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1973.
- Are donations to NATIONAL VENTURE CAPITAL ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NATIONAL VENTURE CAPITAL ASSOCIATION 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 NATIONAL VENTURE CAPITAL ASSOCIATION 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 NATIONAL VENTURE CAPITAL ASSOCIATION 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 NATIONAL VENTURE CAPITAL ASSOCIATION?
- The 990 for the year ended December 31, 2024 names ROBERT BOBBY FRANKLIN.
- Who are the officers and directors of NATIONAL VENTURE CAPITAL ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 46 people; 7 received compensation from the organization, the highest $1,363,110 (ROBERT BOBBY FRANKLIN, PRESIDENT & CEO).
- How much revenue does NATIONAL VENTURE CAPITAL ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $9,423,661, expenses of $7,762,535 and total assets of $18,112,050 at year end.
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