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Vcbc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202063973 ✦ Palo alto, CA ✦ Designated as a 501(c)(6)

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Overview

What is Vcbc?

VCBC, short for Venture Capital Business Council, is a professional organization situated in Palo Alto, California, primarily serving accounting and finance experts working within the venture capital sector. The organization focuses on delivering both virtual and in-person educational events and networking opportunities. In 2022, VCBC organized 11 such events, tackling diverse topics like tax accounting, legal fundraising, and cryptocurrency, among others. Four of these events were held in person. Despite its physical location, VCBC's primary mission lies in providing resources to its members virtually, making its services accessible to professionals across various geographical locations.


Official website here: www.vcbconline.org

Is Vcbc legitimate?

Vcbc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Vcbc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.vcbconline.org

What is the mission statement of Vcbc?

VCBC, as a professional business league, is dedicated to serving accounting and finance professionals in the venture capital industry. It accomplishes this through organizing educational and networking events, both virtual and in-person. These events cover a range of topics relevant to the industry, such as tax accounting, legal fundraising, and cryptocurrency, among others. In 2022, VCBC hosted 11 such events, with four of them taking place physically. Despite being located in Palo Alto, CA, VCBC's primary focus is on providing resources to its members virtually.


Official website here: www.vcbconline.org

Who is the CEO of Vcbc?

Avery Cannon is the Cfo of Vcbc.


Official website here: www.vcbconline.org

What is the revenue of Vcbc?

Vcbc's revenue in 2022 was $85,135.


Official website here: www.vcbconline.org

Who are the executives of Vcbc and what are their salaries?


Here are 10 key members and their salaries:


Rebecca Lucia (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Avery Cannon (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonya Hanna (Secretary)
  • Compensation: $39,900
  • Related: $0
  • Other: $0
Louis Corso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Purvi Shah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Albang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candace Chan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Lyon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Day (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christy Lawrence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vcbconline.org

Where can I find the form 990EZ for Vcbc?

Vcbc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.vcbconline.org

Learn more at the official website: www.vcbconline.org

Mission Statement of Vcbc

VCBC, a professional business league, is dedicated to providing educational and networking opportunities for accounting and finance professionals working within the venture capital industry. Its primary focus lies in organizing virtual and in-person events, catering to the specific needs and interests of its members. In 2022 alone, VCBC hosted 11 such events, covering topics ranging from tax accounting to legal fundraising, cryptocurrency, and beyond. Four of these events were conducted in person, demonstrating VCBC's commitment to both digital and traditional forms of engagement. Despite being based in Palo Alto, CA, VCBC primarily serves its members virtually, ensuring that professionals from various geographical locations can benefit from its offerings.

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Impact




October, 2024

VCBC plays a significant role in advancing the accounting and finance sectors within the venture capital industry. By conducting both virtual and in-person educational and networking events, VCBC facilitates professional development and knowledge sharing among its members. In 2022, the organization organized 11 events, covering essential topics such as tax accounting, legal fundraising, and cryptocurrency, which are crucial for professionals in this rapidly evolving field.

The hybrid format of events allows members from various locations to participate and engage, fostering a sense of community and shared learning. With its base in Palo Alto, CA, VCBC effectively serves as a hub for professionals to connect, collaborate, and stay updated on industry trends and best practices. Overall, VCBC's impact lies in its commitment to enhancing the capabilities and networks of those involved in venture capital accounting and finance, ultimately contributing to the growth and improvement of the community it serves.




This information is meant to be a general summary of Vcbc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$85,135 (2022)
Expenses
$60,643 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $3,345
  • Gross Receipts: $85,135

Assets and Liabilities:

  • Total Assets: $124,827
  • Total Liabilities: $28,062
  • Net Assets: $96,765

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Organization Details

Principal Officer

Avery Cannon

Main Address

2625 MIDDLEFIELD RD 126, PALO ALTO, CA, 943062516

NTEE Category

Code: S41 - Community improvement

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