VIRGINIA INNOVATION PARTNERSHIP CORPORATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- VIRGINIA INNOVATION PARTNERSHIP CORPORATION (EIN 54-1282820)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-15
- IRS object ID
- 202631359349304053
- Schema version
- 2024v5.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-15T09:22:30-05:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 882730877 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 SOUTH 10TH ST STE 900 | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541282820 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VIRGINIA INNOVATION PARTNERSHIP | BusinessNameLine1Txt |
| Business Name Line2 | CORPORATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VIRG | BusinessNameControlTxt |
| Phone | 7036893035 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2214 ROCK HILL ROAD 600 | AddressLine1Txt |
| City | HERNDON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 20170 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LESLIE WILLIAMS | PersonNm |
| Person Title | CHIEF ADMINISTRATIVE OFFICER | PersonTitleTxt |
| Phone | 7036893035 | PhoneNum |
| Signature | 2026-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BREE-ANN WEIDNER | PreparerPersonNm |
| PTIN | P01319397 | PTIN |
| Phone | 8046735700 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOE BENEVENTO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2214 ROCK HILL ROAD 600 | AddressLine1Txt |
| City | HERNDON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 20170 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $33,814,047 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.VIRGINIAIPC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1984 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | VIPC GROWS AND DIVERSIFIES VIRGINIA'S ECONOMY BY INVESTING IN AND ACCELERATING INNOVATION COMMERCIALIZATION AND ENTREPRENEURSHIP. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 51 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $17,267,032 | PYContributionsGrantsAmt |
| CY Contributions Grants | $17,184,914 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $26,074,011 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $12,713,216 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,006,105 | PYInvestmentIncomeAmt |
| CY Investment Income | $3,896,771 | CYInvestmentIncomeAmt |
| PY Other Revenue | $14,285 | PYOtherRevenueAmt |
| CY Other Revenue | $19,146 | CYOtherRevenueAmt |
| PY Total Revenue | $47,361,433 | PYTotalRevenueAmt |
| CY Total Revenue | $33,814,047 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $8,044,452 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,319,096 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $8,184,926 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $8,329,638 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $23,154,617 | PYOtherExpensesAmt |
| CY Other Expenses | $17,000,562 | CYOtherExpensesAmt |
| PY Total Expenses | $39,383,995 | PYTotalExpensesAmt |
| CY Total Expenses | $30,649,296 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $7,977,438 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,164,751 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $79,950,256 | TotalAssetsBOYAmt |
| Total Assets EOY | $92,536,838 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,497,266 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $13,817,310 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $75,452,990 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $78,719,528 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | VIPC GROWS AND DIVERSIFIES VIRGINIA'S ECONOMY BY INVESTING IN AND ACCELERATING INNOVATION COMMERCIALIZATION AND ENTREPRENEURSHIP. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $13,404,628 | ExpenseAmt |
| Revenue | $9,276,815 | RevenueAmt |
| Desc | VIRGINIA VENTURE PARTNERS (VVP) FOCUSES ON DIRECT INVESTMENT, PLACING EQUITY INVESTMENTS IN EARLY-STAGE SCIENCE AND TECHNOLOGY-BASED COMPANIES THROUGH A FAMILY OF FUNDS SPANNING MULTIPLE GENERATIONS OF TECH, LIFE SCIENCE, AND CLEAN ENERGY THESES. SINCE THE PROGRAM'S INCEPTION IN 2005, THE VVP PROGRAM HAS INVESTED $71M IN 330 SEED AND EARLY STAGE TECHNOLOGY, LIFE SCIENCE, AND ENERGY COMPANIES ACROSS THE COMMONWEALTH. VVP INVESTMENTS HAVE ATTRACTED IN $2.6B IN PRIVATE CAPITAL. PROGRAM SERVICE REVENUE CONSISTS OF PROCEEDS ON LIQUIDATED INVESTMENTS. ADDITIONALLY, FUNDING FROM THE STATE SMALL BUSINESS CREDIT INITIATIVE (SSBCI) PROGRAM, UNDER THE U.S. DEPARTMENT OF THE TREASURY, WAS PROVIDED TO ACCELERATE THE FORMATION AND GROWTH OF ENTREPRENEURIAL BUSINESSES ACROSS THE COMMONWEALTH OF VIRGINIA. APPROXIMATELY $173M OF SSBCI FUNDING WILL BE ALLOCATION TO VIPC OVER 10 YEARS, VIPC RECEIVED $36.2M IN FUNDS IN FY2024 AND FY2025 (THE FIRST TWO YEARS OF THE PROGRAM FOR VIPC). | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,405,562 | ExpenseAmt |
| Grant | $3,946,096 | GrantAmt |
| Desc | THE COMMONWEALTH COMMERCIALIZATION FUND (CCF) DRIVES ECONOMIC GROWTH BY PROVIDING PRIVATE SECTOR AND HIGHER EDUCATION AND EMINENT RESEARCHER RECRUITMENT AND RETENTION GRANT FUNDING FOR INNOVATIVE TECHNOLOGY RESEARCH, DEVELOPMENT, AND COMMERCIALIZATION IN VIRGINIA. IN TOTAL, MORE THAN $64M HAS BEEN AWARDED TO 716 PROJECTS. SINCE THE PROGRAM'S INCEPTION, AWARDEES HAVE REPORTED MORE THAN $1.9B IN FOLLOW-ON FUNDING AND MORE THAN $227M IN GENERATED REVENUE. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,684,163 | ExpenseAmt |
| Revenue | $2,039,477 | RevenueAmt |
| Desc | UNDER VIPC'S CONTRACT WITH THE US DEPARTMENT OF HOMELAND SECURITY SCIENCE AND TECHNOLOGY DIRECTORATE IS THE COMMERCIAL FIRST INNOVATION PROGRAM. KEY PRIORITIES INCLUDE COUNTER-UNMANNED SYSTEMS MITIGATION, DETECTION OF ENVIRONMENTAL THREATS, AND OTHER PUBLIC SAFETY-RELATED TECHNOLOGIES. STRATEGIC INITIATIVE EFFORTS HAS STRATEGICALLY POSITIONED THE COMMONWEALTH OF VIRGINIA TO ASSUME A NATIONAL LEADERSHIP ROLE IN AEROSPACE & DEFENSE (A&D), PUBLIC SAFETY, AND PUBLIC PRIVATE SECTOR DATA GOVERNANCE AND RISK MITIGATION AS NEW OPPORTUNITIES AND CHALLENGES EVOLVE. OTHER PROGRAM INITIATIVES INCLUDE: SMART COMMUNITIES, PARTNERSHIPS WITH OTHER COMMONWEALTH AGENCIES, AND THE PUBLIC SAFETY INNOVATION CENTER. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,493,699 | ExpenseAmt |
| Grant | $1,373,000 | GrantAmt |
| Revenue | $1,396,924 | RevenueAmt |
| Desc | DESCRIPTION: OTHER PROGRAM SERVICES1. ENTREPRENEURIAL ECOSYSTEMS2. UNMANNED SYSTEMS3. FEDERAL FUNDING ASSISTANCE PROGRAM | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $3,493,699 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $1,373,000 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $1,396,924 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $23,988,052 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 75 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 51 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KELLY WEAVER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7036893035 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2214 ROCK HILL RD STE 600 | AddressLine1Txt |
| City | HERNDON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 20170 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| RITA ROY | ||||||||||
| CHAIR | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| RICHARD HALL | ||||||||||
| DIRECTOR | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| CHRIS LONG | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROB QUARTEL | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $2,200 | $0 | $0 | ||||
| KELLEY POWELL WILLIAMSON | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| LINDSAY WINTER | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| SHASHIKANT GUPTA | ||||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARILYN PERKINS | ||||||||||
| DIRECTOR AS OF 07/01/24 | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| MARK BISHOF | ||||||||||
| DIRECTOR AS OF 07/01/24 | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| THE HONORABLE CAREN MERRICK | ||||||||||
| VICE CHAIR THRU 04/09/25 | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| THE HONORABLE JUAN PABLO SEGURA | ||||||||||
| VICE CHAIR FROM 04/10/25 | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| JOE BENEVENTO | ||||||||||
| PRESIDENT & CEO | 40.00 | 0.00 | Yes (X) | $329,053 | $0 | $49,234 | ||||
| LESLIE WILLIAMS | ||||||||||
| CHIEF ADMINISTRATIVE OFFICER | 40.00 | 0.00 | Yes (X) | $166,935 | $0 | $32,357 | ||||
| SEAN MALLON | ||||||||||
| VP, COMMERCIALIZATION THRU 09/15/24 | 40.00 | 0.00 | $180,956 | $0 | $44,389 | Yes (X) | ||||
| TOM WEITHMAN | ||||||||||
| CIO & VP | 40.00 | 0.00 | $310,716 | $0 | $70,681 | Yes (X) | ||||
| DAVE IHRIE | ||||||||||
| CHIEF TECH OFFICER | 40.00 | 0.00 | $279,163 | $0 | $56,142 | Yes (X) | ||||
| CONAWAY HASKINS | ||||||||||
| VP, ENTREPRENUERIAL | 40.00 | 0.00 | $190,908 | $0 | $56,411 | Yes (X) | ||||
| MARCO RUBIN | ||||||||||
| SENIOR DIRECTOR, INVESTMENT | 40.00 | 0.00 | $221,531 | $0 | $49,383 | Yes (X) | ||||
| ANGELA COSTELLO | ||||||||||
| VP, MARKETING | 40.00 | 0.00 | $191,306 | $0 | $45,815 | Yes (X) | ||||
| ALEX EULER | ||||||||||
| SENIOR DIRECTOR, INVESTMENT | 40.00 | 0.00 | $190,720 | $0 | $45,795 | Yes (X) | ||||
| JEN O'DANIEL | ||||||||||
| SENIOR DIRECTOR, INVESTMENT | 40.00 | 0.00 | $190,391 | $0 | $35,205 | Yes (X) | ||||
| KRISTAL PARKER | ||||||||||
| CHRO | 40.00 | 0.00 | $166,399 | $0 | $42,767 | Yes (X) | ||||
| BOB STOLLE | ||||||||||
| FORMER PRESIDENT & CEO | 40.00 | 0.00 | $257,703 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,677,981 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $528,179 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 35 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SMART CITY WORKS VENTURE LABS LLC | |||||
| 3434 WASHINGTON BLVD SUITE 1310 VE | ARLINGTON | VA | 22201 | CONTRACTOR SERVICES | $1,453,902 |
| ATA LLC | |||||
| 752 WALKER ROAD SUITE D | GREAT FALLS | VA | 22066 | CONTRACTOR SERVICES | $540,726 |
| TECHNEXUS LLC | |||||
| 20 N WACKER DRIVE 12TH FLOOR | CHICAGO | IL | 60606 | CONTRACTOR SERVICES | $503,200 |
| FAHRENHEIT ADVISORS INC | |||||
| 1500 MACTAVISH AVENUE | RICHMOND | VA | 23230 | CONTRACTOR SERVICES | $447,250 |
| PILLSBURY WINTHROP SHAW PITTMAN LLP | |||||
| 1650 TYSONS BOULEVARD | MCLEAN | VA | 221024856 | CONTRACTOR SERVICES | $340,871 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $17,136,414 | GovernmentGrantsAmt |
| All Other Contributions | $48,500 | AllOtherContributionsAmt |
| Total Contributions | $17,184,914 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| FEDERAL AND STATE AWARDS | 900099 | $11,516,731 | $11,516,731 |
| GAIN ON VVP INVESTMENT | 900099 | $773,110 | $773,110 |
| VVP PROGRAM REVENUE | 900099 | $423,375 | $423,375 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $12,713,216 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,896,771 | TotalRevenueColumnAmt |
| Exclusion | $3,896,771 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $19,146 | TotalRevenueColumnAmt |
| Exclusion | $19,146 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $19,146 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $33,814,047 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,713,216 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,915,917 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,319,096 | TotalAmt |
| Program Services | $5,319,096 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,848,018 | TotalAmt |
| Program Services | $608,416 | ProgramServicesAmt |
| Management And General | $1,239,602 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,682,667 | TotalAmt |
| Program Services | $2,185,836 | ProgramServicesAmt |
| Management And General | $2,496,831 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $519,524 | TotalAmt |
| Management And General | $519,524 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $843,991 | TotalAmt |
| Management And General | $843,991 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $435,438 | TotalAmt |
| Management And General | $435,438 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,111 | TotalAmt |
| Management And General | $162,111 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,373 | TotalAmt |
| Management And General | $99,373 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,616 | TotalAmt |
| Management And General | $1,616 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $366,935 | TotalAmt |
| Management And General | $366,935 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,165 | TotalAmt |
| Management And General | $45,165 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $294,394 | TotalAmt |
| Management And General | $294,394 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $359,963 | TotalAmt |
| Management And General | $359,963 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,509 | TotalAmt |
| Management And General | $59,509 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,422 | TotalAmt |
| Management And General | $103,422 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| INVESTMENT DIV/VVP | $11,113,376 | $11,113,376 | |
| STRATEGIC INITIATIVES | $2,174,102 | $2,174,102 | |
| UNMANNED SYSTEMS | $764,387 | $764,387 | |
| ALLOCATION OF FRINGE | $0 | $1,366,954 | -$1,366,954 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,456,209 | TotalAmt |
| Program Services | $455,885 | ProgramServicesAmt |
| Management And General | $1,000,324 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,649,296 | TotalAmt |
| Program Services | $23,988,052 | ProgramServicesAmt |
| Management And General | $6,661,244 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $342 | BOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,423,362 | BOYAmt |
| EOY | $91,155,696 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,113,307 | BOYAmt |
| EOY | $808,075 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $267,490 | BOYAmt |
| EOY | $264,284 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $93,196 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $24,408 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,101 | BOYAmt |
| EOY | $68,788 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,654 | BOYAmt |
| EOY | $239,995 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,950,256 | BOYAmt |
| EOY | $92,536,838 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,048,015 | BOYAmt |
| EOY | $1,637,200 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,416,709 | BOYAmt |
| EOY | $12,054,510 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,542 | BOYAmt |
| EOY | $125,600 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,497,266 | BOYAmt |
| EOY | $13,817,310 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,452,990 | BOYAmt |
| EOY | $78,719,528 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,452,990 | BOYAmt |
| EOY | $78,719,528 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,950,256 | BOYAmt |
| EOY | $92,536,838 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,164,751 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $101,787 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $68,366,790 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,161,054 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,232,371 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,267,032 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,184,914 | CurrentTaxYearAmt |
| Total | $136,212,161 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $68,366,790 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,161,054 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,232,371 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,267,032 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,184,914 | CurrentTaxYearAmt |
| Total | $136,212,161 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $136,212,161 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $146,381 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $384,438 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,705,381 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,006,105 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,896,771 | CurrentTaxYearAmt |
| Total | $11,139,076 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $14,285 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,146 | CurrentTaxYearAmt |
| Total | $33,431 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $147,384,668 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $67,439,202 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.92420 | PublicSupportCY170Pct |
| Public Support PY170 | 0.94540 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | MISCELLANEOUS REVENUE - 2023 AMOUNT: $ 14,285. 2024 AMOUNT: $ 19,146. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $1,616 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $1,616 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | VIPC STAFF ENGAGES WITH COMMONWEALTH OF VIRGINIA LEGISLATORS AND THEIR STAFF REGARDING FUNDING RELATED TO THE EXECUTION OF VIPC'S MISSION. | ExplanationTxt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $93,196 | OtherCostOrOtherBasisAmt |
| Depreciation | $24,408 | DepreciationAmt |
| Book Value | $68,788 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $68,788 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CAPITAL LEASE LIABILITY | $6,764 |
| SUBSCRIPTIONS | $118,836 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $125,600 | TotalLiabilityAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (62 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | IRC SectionIRCSectionDesc | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| ALPINE METHOD TECHNOLOGIES LLC | |||||||||
| 41144 HICKORY HEDGE PL | ALDIE | VA | 20105 | 850891102 | $30,000 | $0 | RESEARCH | ||
| THE ADVANCEMENT FOUNDATION | |||||||||
| 245 W 21ST STREET | BUENA VISTA | VA | 24416 | 205922663 | $75,000 | $0 | RESEARCH | 501(C)3 | |
| AEDIFY INC | |||||||||
| 1183 BROAD AXE RD | CHARLOTTESVILLE | VA | 22903 | 881790654 | $20,000 | $0 | RESEARCH | ||
| ARLINGTON COUNTY BOARD | |||||||||
| 1100 N GLEBE ROAD SUITE 1500 | ARLINGTON | VA | 22201 | $100,000 | $0 | RESEARCH | GOVT | ||
| ARA PLATFORMS LLC | |||||||||
| 3901 STROLLING LN | GLEN ALLEN | VA | 23060 | 993638997 | $50,000 | $0 | RESEARCH | ||
| BLOOMTRAK INC | |||||||||
| 2029 LOCKWOOD DRIVE | CHARLOTTESVILLE | VA | 22911 | 881020255 | $20,000 | $0 | RESEARCH | ||
| JEANA BOLANOS DBA LANBO LLC | |||||||||
| 3024 CLARKE DR | VIRGINIA BEACH | VA | 23456 | 932207873 | $95,000 | $0 | RESEARCH | ||
| BUCKSTOP INDUSTRIES INC | |||||||||
| 1137 W GRACE STREET APT 510 | RICHMOND | VA | 23220 | 993277888 | $20,000 | $0 | RESEARCH | ||
| CAPANGO INC | |||||||||
| 44679 ENDICOTT DRIVE SUITE 300 527 | ASHBURN | VA | 20147 | 850833007 | $30,000 | $0 | RESEARCH | ||
| CIVIC VANGUARD INC | |||||||||
| 3420 PUMP ROAD 3128 | RICHMOND | VA | 23233 | 932251285 | $30,000 | $0 | RESEARCH | ||
| MARK FERGUSON DBA CHIEFLY LLC | |||||||||
| 1023 STIRLING CT | CHARLOTTESVILLE | VA | 22901 | 332270023 | $20,000 | $0 | RESEARCH | ||
| CHEISTA INC DBA CHISTA INC | |||||||||
| 3444 FAIRFAX DR 1119 | ARLINGTON | VA | 22201 | 921186318 | $50,000 | $0 | RESEARCH | ||
| CONTEST INC | |||||||||
| 1510 DAIRY RD | CHARLOTTESVILLE | VA | 22903 | 993437676 | $20,000 | $0 | RESEARCH | ||
| DATA COMPANY ONE INC | |||||||||
| 1717 E CARY STREET | RICHMOND | VA | 23223 | 920680305 | $75,000 | $0 | RESEARCH | ||
| GEORGE POTTANAT DBA DENTAI LLC | |||||||||
| 302 WILMER AVE | RICHMOND | VA | 23227 | 932678399 | $20,000 | $0 | RESEARCH | ||
| DEVYANTRAM INC | |||||||||
| 23615 HOPEWELL MANOR TERRACE | ASHBURN | VA | 20148 | 333991524 | $50,000 | $0 | RESEARCH | ||
| 88 OWLS INC DBA ACCORDIUMAI | |||||||||
| 4625 SUSANNAH DRIVE | BLACKSBURG | VA | 24060 | 263179532 | $20,000 | $0 | RESEARCH | ||
| EMPATHIXAI LLC | |||||||||
| 8401 MAYLAND DR SUITE A | RICHMOND | VA | 23294 | 923798746 | $20,000 | $0 | RESEARCH | ||
| ELLEXCO LLC | |||||||||
| 11100 ENDEAVOR CT SUITE 141 | MANASSAS | VA | 20109 | 921978093 | $50,000 | $0 | RESEARCH | ||
| FLYING SHIP TECHNOLOGIES CORP | |||||||||
| 703 GALLOWAY DR SE | LEESBURG | VA | 20175 | 863856408 | $75,000 | $0 | RESEARCH | ||
| FRAUDOPTICS INC | |||||||||
| 3444 FAIRFAX DR UNIT 200 | ARLINGTON | VA | 22201 | 932907058 | $50,000 | $0 | RESEARCH | ||
| GEORGE MASON UNIVERSITY | |||||||||
| 4400 UNIVERSITY DRIVE | FAIRFAX | VA | 22030 | 540836354 | $300,000 | $0 | RESEARCH | 501(C)3 | |
| GREENCOMPANY INC DBA GATEWAY | |||||||||
| 7950 JONES BRANCH DR | MCLEAN | VA | 22102 | 872011071 | $20,000 | $0 | RESEARCH | ||
| HUGINN SONOGRAPHY LLC | |||||||||
| 44 KINGSTON DRIVE SUITE 294 | DALEVILLE | VA | 24083 | 333311698 | $70,000 | $0 | RESEARCH | ||
| INDUSTRIAL INTELLIGENCE INC | |||||||||
| 4037 FRANCES BERKELEY | WILLIAMSBURG | VA | 23188 | 843674509 | $30,000 | $0 | RESEARCH | ||
| JAMES MADISON UNIVERSITY | |||||||||
| 1031 S MAIN STREET | HARRISONBURG | VA | 22807 | 546001756 | $44,766 | $0 | RESEARCH | 501(C)3 | |
| KOVR AI CORP | |||||||||
| 11921 FREEDOM DR SUITE 730 | RESTON | VA | 20190 | 331287025 | $75,000 | $0 | RESEARCH | ||
| LIGHTHOUSE LABS RVA INC | |||||||||
| 1717 E CARY STREET | RICHMOND | VA | 23223 | 541640716 | $100,000 | $0 | RESEARCH | 501(C)3 | |
| LIGHT SWITCH BIO LLC | |||||||||
| 1704 LAKEVIEW AVE | RICHMOND | VA | 23220 | 842407895 | $50,000 | $0 | RESEARCH | ||
| MAGOTHY RIVER TECHNOLOGIES LLC | |||||||||
| 2501 BRANDING IRON CT | HERNDON | VA | 20171 | 832357654 | $40,000 | $0 | RESEARCH | ||
| MAGNA LABS INC | |||||||||
| 3448 JOAN CT | FALLS CHIURCH | VA | 24141 | 861319593 | $30,000 | $0 | RESEARCH | ||
| MANITOU RESEARCH INC | |||||||||
| 2200 WILSON BLVD | ARLINGTON | VA | 22201 | 992295483 | $20,000 | $0 | RESEARCH | ||
| CHARLOTTESVILLE BIO HUB | |||||||||
| 994 RESEARCH PARK BLVD 4 | CHARLOTTESVILLE | VA | 22911 | 853846184 | $200,000 | $0 | RESEARCH | 501(C)3 | |
| OLD DOMINION UNIVERSITY RESEARCH FOUNDATION | |||||||||
| 4111 MONARCH WAY SUITE 204 | NORFOLK | VA | 23508 | 546068198 | $100,000 | $0 | RESEARCH | 501(C)3 | |
| PARABON NANOLABS INC | |||||||||
| 11260 ROGER BACON DRIVE SUITE 406 | RESTON | VA | 20190 | 262194625 | $30,000 | $0 | RESEARCH | ||
| PHALANX AI INC | |||||||||
| 4201 WILSON BLVD FLOOR 3 | ARLINGTON | VA | 22203 | 861405938 | $75,000 | $0 | RESEARCH | ||
| POD FARMS LLC | |||||||||
| 29 W MAIN STREET | PULASKI | VA | 24301 | 873142815 | $20,000 | $0 | RESEARCH | ||
| POSTBYS LLC | |||||||||
| 4312 STEVENS BATTLE LN | FAIRFAX | VA | 22033 | 334572511 | $50,000 | $0 | RESEARCH | ||
| PORTCULLIS RESEARCH INC | |||||||||
| 1530 PLANK DR | BLACKSBURG | VA | 24060 | 993422721 | $20,000 | $0 | RESEARCH | ||
| SURENDRA GANERIWALA DBA PREDICTOS LLC | |||||||||
| 8227 HERMITAGE ROAD 8227 HERMITAGE | HENRICO | VA | 23228 | 334641873 | $50,000 | $0 | RESEARCH | ROAD | |
| QLUTCH INC | |||||||||
| 6448 MONET DRIVE | ROANOKE | VA | 24018 | 994268284 | $20,000 | $0 | RESEARCH | ||
| QUANT LLC DBA DERIVE | |||||||||
| 26 N 8TH ST SUITE A | RICHMOND | VA | 23219 | 301257204 | $50,000 | $0 | RESEARCH | ||
| RAINCYT LLC | |||||||||
| 2025 MICHAELANGELO CT | CHARLOTTESVILLE | VA | 22911 | 921908613 | $50,000 | $0 | RESEARCH | ||
| SARTOGRAPHY LLC | |||||||||
| 510 VICTORIA DRIVE | STAUTON | VA | 24401 | 463862515 | $20,000 | $0 | RESEARCH | ||
| SEAMLESS TRANSITIONS | |||||||||
| 1301 FORT MYER DRIVE 103 | ARLINGTON | VA | 22209 | 881640926 | $30,000 | $0 | RESEARCH | ||
| SEED TECHNOLOGIES LLC | |||||||||
| 5750 DOW AVE 304 | ALEXANDRIA | VA | 22304 | 834081628 | $50,000 | $0 | RESEARCH | ||
| STARTUP VIRGINIA INC | |||||||||
| 1717 EAST CARY STREET | RICHMOND | VA | 23223 | 812587466 | $200,000 | $0 | RESEARCH | 501(C)3 | |
| SOLIISH INC | |||||||||
| 4954 BROOK FOREST DR | FAIRFAX | VA | 22030 | 923919445 | $30,000 | $0 | RESEARCH | ||
| KIMBERLY SKELLINGTON DBA MODERN REPRODUCTION LLC | |||||||||
| 810 COMMANDER DRIVE | ROANOKE | VA | 24012 | 882681423 | $20,000 | $0 | RESEARCH | ||
| STATDEBRIEF INC | |||||||||
| 1504 NORWAY COURT | NORFOLK | VA | 23509 | 994703639 | $50,000 | $0 | RESEARCH | ||
| STARTWHEEL CORPORATION DBA INNOVATE HAMPTON ROADS | |||||||||
| 2336 EVANGELINES WAY | VIRGINIA BEACH | VA | 23451 | 474617002 | $200,000 | $0 | RESEARCH | 501(C)3 | |
| TIDAL FLIGHT INC | |||||||||
| 2002 IRONSIDE DR APT 222 | SUFFOLK | VA | 23435 | 923390832 | $30,000 | $0 | RESEARCH | ||
| TOW NINJA LLC DBA CLUTCH | |||||||||
| 1646 ALLISON WAY UNIT 2 | ROCKINGHAM | VA | 22801 | 873552522 | $50,000 | $0 | RESEARCH | ||
| ROANOKE-BLACKSBURG INNOVATION ALLIANCE DBA RAMP | |||||||||
| 2200 KRAFT DRIVE SUITE 1350 | BLACKSBURG | VA | 24060 | 462975294 | $200,000 | $0 | RESEARCH | 501(C)3 | |
| VENTURE CENTRAL INC | |||||||||
| 300 PRESTON AVE 206 PO BOX 2976 | CHARLOTTESVILLE | VA | 22902 | 510252306 | $98,000 | $0 | RESEARCH | 501(C)3 | |
| VERBAAI LLC | |||||||||
| 734 ELLSWORTH AVE | GREAT FALLS | VA | 22066 | 934865621 | $70,000 | $0 | RESEARCH | ||
| VIRGINIA COMMONWEALTH UNIVERSITY | |||||||||
| 800 EAST LEIGH STREET SUITE 3200 | RICHMOND | VA | 23284 | 546001758 | $370,000 | $0 | RESEARCH | 501(C)3 | |
| VA POLYTECHNIC INSTITUTE & STATE UNIVERSITY | |||||||||
| 300 TURNER ST NW SUITE 3300 | BLACKSBURG | VA | 24061 | 546001805 | $196,330 | $0 | RESEARCH | 501(C)3 | |
| VROOMBRICK INC | |||||||||
| 1100 EXPLORATION WAY STE 302F | HAMPTON | VA | 23666 | 934442039 | $75,000 | $0 | RESEARCH | ||
| THE RECTOR AND VISITORS OF UVA | |||||||||
| 1001 NORTH EMMET STREET PO 400195 | CHARLOTTESVILLE | VA | 22903 | 546001798 | $990,000 | $0 | RESEARCH | 501(C)3 | |
| WARM HEALTH TECHNOLOGIES INC | |||||||||
| 722 PRESTON AVE SUITE 108 | CHARLOTTESVILLE | VA | 22903 | 824680069 | $75,000 | $0 | RESEARCH | ||
| WIRELESS RESEARCH CENTER OF NC | |||||||||
| 3331 HERITAGE TRADE DR SUITE 101 | WAKE FOREST | NC | 27587 | 273397703 | $200,000 | $0 | RESEARCH | 501(C)3 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 15 | Total501c3OrgCnt |
| Total Other Org | 47 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION FOLLOWS STRICT AND CONSISTENT GUIDELINES AND PROCEDURES FOR ENSURING GRANT ELIGIBILITY AND FOR ENSURING APPROPRIATENESS OF GRANT AMOUNTS REQUESTED. GRANTEES ARE REQUIRED TO SUBMIT PROGRESS REPORTS AT THE HALFWAY POINT OF THEIR PROJECT (WHICH INCLUDES A REVIEW OF ACTUAL VS. BUDGETED SPEND), AND ARE ALSO REQUIRED TO SUBMIT FINAL REPORTS FOLLOWING THE CONCLUSION OF THEIR GRANT-FUNDED PROJECT (WHICH INCLUDES A BREAKDOWN OF ACTUAL EXPENDITURES VS. BUDGETED EXPENDITURES). GRANTEES ARE REQUIRED TO CONSULT WITH THE ORGANIZATION IF AND WHEN CHANGES TO THE FUNDED PROJECT (INCLUDING CHANGES TO THE PROJECT BUDGET) ARE INDENTIFIED OR EXPECTED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TOM WEITHMAN | ||||||||||||||
| CIO & VP | $308,706 | $0 | $0 | $0 | $2,010 | $0 | $37,045 | $0 | $33,636 | $0 | $381,397 | $0 | $0 | $0 |
| JOE BENEVENTO | ||||||||||||||
| PRESIDENT & CEO | $223,315 | $0 | $105,195 | $0 | $543 | $0 | $26,798 | $0 | $22,436 | $0 | $378,287 | $0 | $0 | $0 |
| DAVE IHRIE | ||||||||||||||
| CHIEF TECH OFFICER | $275,850 | $0 | $0 | $0 | $3,313 | $0 | $33,102 | $0 | $23,040 | $0 | $335,305 | $0 | $0 | $0 |
| MARCO RUBIN | ||||||||||||||
| SENIOR DIRECTOR, INVESTMENT | $219,521 | $0 | $0 | $0 | $2,010 | $0 | $26,343 | $0 | $23,040 | $0 | $270,914 | $0 | $0 | $0 |
| BOB STOLLE | ||||||||||||||
| FORMER PRESIDENT & CEO | $0 | $0 | $0 | $0 | $257,703 | $0 | $0 | $0 | $0 | $0 | $257,703 | $0 | $0 | $0 |
| CONAWAY HASKINS | ||||||||||||||
| VP, ENTREPRENUERIAL | $189,788 | $0 | $0 | $0 | $1,120 | $0 | $22,775 | $0 | $33,636 | $0 | $247,319 | $0 | $0 | $0 |
| ANGELA COSTELLO | ||||||||||||||
| VP, MARKETING | $189,788 | $0 | $0 | $0 | $1,518 | $0 | $22,775 | $0 | $23,040 | $0 | $237,121 | $0 | $0 | $0 |
| ALEX EULER | ||||||||||||||
| SENIOR DIRECTOR, INVESTMENT | $189,629 | $0 | $0 | $0 | $1,091 | $0 | $22,755 | $0 | $23,040 | $0 | $236,515 | $0 | $0 | $0 |
| JEN O'DANIEL | ||||||||||||||
| SENIOR DIRECTOR, INVESTMENT | $189,577 | $0 | $0 | $0 | $814 | $0 | $22,749 | $0 | $12,456 | $0 | $225,596 | $0 | $0 | $0 |
| SEAN MALLON | ||||||||||||||
| VP, COMMERCIALIZATION THRU 09/15/24 | $159,758 | $0 | $0 | $0 | $21,198 | $0 | $19,171 | $0 | $25,218 | $0 | $225,345 | $0 | $0 | $0 |
| KRISTAL PARKER | ||||||||||||||
| CHRO | $164,389 | $0 | $0 | $0 | $2,010 | $0 | $19,727 | $0 | $23,040 | $0 | $209,166 | $0 | $0 | $0 |
| LESLIE WILLIAMS | ||||||||||||||
| CHIEF ADMINISTRATIVE OFFICER | $165,844 | $0 | $0 | $0 | $1,091 | $0 | $19,901 | $0 | $12,456 | $0 | $199,292 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 4A | PER THE TERMS OF HIS EMPLOYMENT CONTRACT, FORMER PRESIDENT & CEO RECEIVED SEVERANCE PAYMENTS OF $225K IN 2025. |
| PART I, LINE 7 | THE PRESIDENT & CEO RECEIVED A BOARD APPROVED PERFORMANCE BONUS PER TERMS OF HIS EMPLOYMENT CONTRACT. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 WAS PREPARED BY EXTERNAL TAX PROFESSIONALS, IN CONSULTATION WITH THE CONTROLLER AND INDEPENDENT AUDITOR, REVIEWED BY MANAGEMENT, AND SHARED WITH THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL VIPC EMPLOYEES PROVIDE A FINANCIAL DISCLOSURE STATEMENT ANNUALLY. THE STATEMENT INCLUDES THE NAME OF ANY ORGANIZATION THAT VIPC WORKS WITH IN WHICH THE EMPLOYEE HOLDS A SECURITY OR EQUITY INTEREST, IS A DIRECTOR OR OFFICER, OR HAS RECEIVED ANY GIFTS, PAYMENTS OR ANY TYPE OF COMPENSATION OF MORE THAN A NOMINAL VALUE. THE DIRECTORS PROVIDE A FINANCIAL DISCLOSURE STATEMENT TO THE SECRETARY OF THE COMMONWEALTH OF VIRGINIA ANNUALLY. THE STATEMENT INCLUDES INFORMATION REGARDING PERSONAL AND BUSINESS FINANCIAL INTERESTS. |
| FORM 990, PART VI, SECTION B, LINE 15A | PRESIDENT & CEO COMPENSATION IS DETERMINED, REVIEWED, AND APPROVED BY THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION C, LINE 19 | VIPC'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT AVAILABLE TO THE PUBLIC. THE AUDITED FINANCIAL STATEMENTS OF THE VIRGINIA INNOVATION PARTNERSHIP AUTHORITY (VIPA) AND ITS BLENDED COMPONENT UNIT, VIRGINIA INNOVATION PARTNERSHIP CORPORATION (VIPC), ARE AVAILABLE ON THE AUDITOR OF PUBLIC ACCOUNTS WEBSITE, WWW.APA.VIRGINIA.GOV. |
| FORM 990, PART X, LINE 13: | PROGRAM RELATED INVESTMENTS ARE COMPRISED OF VIRGINIA VENTURE PARTNERS EQUITY POSITIONS IN 118 COMPANIES. VIPC HAS NOT RECORDED THE VALUE OF THESE EQUITY SECURITIES ON THE BALANCE SHEET, AS THESE INVESTMENTS DO NOT HAVE A READY MARKET TO INDICATE THEIR MARKET VALUE. NONE OF THESE INVESTMENTS ARE TRADED ON AN OPEN MARKET, NOR DO THEY HAVE A CLEAR SECONDARY MARKET. IF AND WHEN THEY ARE TRADED ON AN OPEN MARKET, VIPC RECORDS THEM AS ASSETS ON THE BALANCE SHEET. |
| FORM 990, PART XI, LINE 9: | RETURNED GRANT FUNDS FROM PRIOR YEARS 101,787. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VIRGINIA INNOVATION PARTNERSHIP AUTHORITY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2214 ROCK HILL RD STE 600 | AddressLine1Txt |
| City | HERNDON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 20170 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541491096 | EIN |
| Primary Activities | ACCEL TECH | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |