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Rev1 Ventures

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

EIN: 311658220 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

Overview

What is Rev1 Ventures?

Rev1 Ventures is a thriving nonprofit organization based in Columbus, Ohio, with a mission to support tech start-ups in Central Ohio. They offer unique venture development services, a business incubator, and capital attraction to help entrepreneurs build successful companies. By using data-driven processes and collaborating closely with entrepreneurs, Rev1 ensures the creation of products that cater to people's needs and companies that thrive in the market. With a team of advisory experts and flexible office and lab space, this top 10 UBI incubator empowers entrepreneurs to turn their ideas into flourishing businesses.


Official website here: www.rev1ventures.com

Is Rev1 Ventures legitimate?

Rev1 Ventures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rev1 Ventures submitted a form 990, 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.

Here are some key statistics you may want to consider:

Executive Compensation: $2,284,368
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,158,659

For more financial information, click here


Official website here: www.rev1ventures.com

What is the mission statement of Rev1 Ventures?

Rev1 Ventures supports entrepreneurs of tech start-ups in building great companies through unique venture development services and a business incubator. Their approach is data-driven, ensuring entrepreneurs create products that meet consumer demands and companies that address market needs. The Top 10 UBI incubator provides flexible office and lab space for technically focused entrepreneurs, collaborating with Rev1's team of advisory experts to help launch their startups.


Official website here: www.rev1ventures.com

Who is the CEO of Rev1 Ventures?

Tom Walker is the Ceo & President of Rev1 Ventures. The CEO's salary of Rev1 Ventures is $725,000 and their total compensation is $756,976.


Official website here: www.rev1ventures.com

What is the revenue of Rev1 Ventures?

Rev1 Ventures's revenue in 2022 was $12,957,997.


Official website here: www.rev1ventures.com

Who are the executives of Rev1 Ventures and what are their salaries?

The average compensation at Rev1 Ventures during 2022 was $87,118. There are 51 employees at Rev1 Ventures.

Here are 25 key members and their salaries (Rev1 Ventures's CEO's salary is $725,000 and their total compensation is $756,976):

    Tom Walker (Ceo & President) [Trustee/Director]
  • Compensation: $725,000
  • Related: $0
  • Other: $31,976

    • Ryan Helon (Evp, Investment Funds)
  • Compensation: $319,949
  • Related: $0
  • Other: $35,338

    • Wayne Embree (Evp,Investments/Venture Acceleration)
  • Compensation: $301,795
  • Related: $0
  • Other: $25,432

    • David Dillman (Chief Financial Officer)
  • Compensation: $288,878
  • Related: $0
  • Other: $34,693

    • Kristina Campbell (Evp, Chief Operations Officer)
  • Compensation: $261,000
  • Related: $0
  • Other: $10,557

    • Mike Mccann (Chief Business Development Officer)
  • Compensation: $240,156
  • Related: $0
  • Other: $9,594

    • Michael Kindrat-Pratt (Former Key Employee)
  • Compensation: $209,000
  • Related: $0
  • Other: $6,317

    • Matt Cynkar (Managing Dir,Market Intelligence)
  • Compensation: $182,800
  • Related: $0
  • Other: $13,785

    • Alica Oddi (Managing Dir, Entrepreneur Programs)
  • Compensation: $152,228
  • Related: $0
  • Other: $26,549

    • Sara Risch (Managing Dir, Venture Development)
  • Compensation: $165,877
  • Related: $0
  • Other: $5,153

    • Dionnica Gaston (Managing Director, Talent)
  • Compensation: $129,702
  • Related: $0
  • Other: $17,100

    • Julia Dewey (Vice President,Corporate Partnerships)
  • Compensation: $136,252
  • Related: $0
  • Other: $4,637

    • Dave Dennis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Fortener (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chetan Kandhari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Meuse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Mohler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terrence Odonnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Orr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Papadakis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Rose (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shaun Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Zavislak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sue Zazon (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rev1ventures.com

    Where can I find the form 990 for Rev1 Ventures?

    The Rev1 Ventures’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.rev1ventures.com

    Learn more at the official website: www.rev1ventures.com

    Mission Statement of Rev1 Ventures

    Rev1 Ventures, a pioneering organization, is dedicated to nurturing tech start-ups in Central Ohio and helping them build thriving companies. Through their distinctive venture development services, business incubator, and capital attraction, they provide entrepreneurs with the tools and resources necessary to create products that resonate with people and companies that meet the evolving market needs.

    Rev1 Ventures' mission is multi-faceted. Their Startup Studio is a key component, where the organization's team of experts engages in an ongoing, data-driven process with entrepreneurs. This process ensures that entrepreneurs not only develop products that cater to the needs and desires of the public but also establish companies that contribute positively to the industry.

    At the heart of their efforts is the Top 10 UBI Incubator, designed specifically for technically-focused entrepreneurs. This incubator offers flexible office and lab space to help budding start-ups get off the ground, with the support of the Rev1 team of advisory experts standing by. In this collaborative environment, the entrepreneurial spirit thrives, and new ideas are brought to life, ultimately contributing to the growth of the tech ecosystem.

    Impact

    This information is meant to be a general summary of Rev1 Ventures. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Rev1 Ventures has a significant impact on the tech startup ecosystem in Central Ohio. Our unique venture development services, business incubator, and capital attraction activities are tailored to help entrepreneurs build great companies. Through our startup studio, we guide entrepreneurs through a data-driven process to ensure they develop products that people want and companies that people need. As a top 10 UBI incubator, we provide technically focused entrepreneurs with flexible office and lab space alongside our team of advisory experts. Our mission is to support the growth of tech startups in Central Ohio and contribute to the overall success of the region's entrepreneurial community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $-605,634
  • Program Service Revenue: $2,465,240
  • Gross Receipts: $14,716,608

    • Assets and Liabilities:
  • Total Assets: $26,835,719
  • Total Liabilities: $2,593,717
  • Net Assets: $24,242,002
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MANGEMENT FEES

    Revenue

    $1,791,014

    FACILITY RENTAL

    Revenue

    $674,226

    Organization Details

    Founding Year

    1999

    Principal Officer

    Tom Walker

    Main Address

    1275 KINNEAR ROAD, COLUMBUS, OH, 43212

    NTEE Category

    Code: B90 - Education

    If you are a representative of Rev1 Ventures and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.