Overview
What is Illinois Venture Capital Association?
The Illinois Venture Capital Association, established on July 27, 2000, is a nonprofit organization situated in Chicago, Illinois. Its primary mission is to foster the growth and development of business enterprises, thereby enriching the vibrancy of the Illinois venture capital and private equity community. To achieve this objective, the association offers various services such as providing government affairs expertise, organizing educational member programs, facilitating networking opportunities, and participating in collaborative initiatives with other relevant organizations. The Illinois Venture Capital Association issues newsletters semi-monthly and hosts networking and educational events, including conferences, panels, awards dinners, and receptions. With a workforce of around two individuals, the association supports its community by offering valuable resources and platforms for collaboration.
Official website here: www.illinoisvc.org
Is Illinois Venture Capital Association legitimate?
Illinois Venture Capital Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Illinois Venture Capital Association 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $251,332
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,228
For more financial information, click here
Official website here: www.illinoisvc.org
What is the mission statement of Illinois Venture Capital Association?
The Illinois Venture Capital Association, established in 2000, aims to foster the development and growth of businesses, ultimately enhancing the vitality of the venture capital and private equity community. They achieve this mission by providing government affairs expertise, offering educational member programs, facilitating networking opportunities among members, and participating in shared programs and events with other organizations in support of the venture capital community.
Official website here: www.illinoisvc.org
Who is the CEO of Illinois Venture Capital Association?
Christie Pruyn is the Board Member of Illinois Venture Capital Association.
Official website here: www.illinoisvc.org
What is the revenue of Illinois Venture Capital Association?
Illinois Venture Capital Association's revenue in 2022 was $880,053.
Official website here: www.illinoisvc.org
Who are the executives of Illinois Venture Capital Association and what are their salaries?
The average compensation at Illinois Venture Capital Association during 2022 was $169,780. There are 2 employees and 31 volunteers at Illinois Venture Capital Association.
Here are 35 key members and their salaries:
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Official website here: www.illinoisvc.org
Where can I find the form 990 for Illinois Venture Capital Association?
Illinois Venture Capital Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.illinoisvc.org
Learn more at the official website: www.illinoisvc.org
Mission Statement of Illinois Venture Capital Association
The Illinois Venture Capital Association, established in 2000, was founded with the mission to foster the development and growth of business enterprises. This nonprofit organization aims to enhance the vitality of the Illinois venture capital and private equity community. To achieve its goals, the Illinois Venture Capital Association provides government affairs expertise, offers educational member programs, facilitates member networking, and participates in shared programs and events of mutual interest with other organizations. By doing so, it supports the venture capital community, contributing to its growth and development.
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Impact
October, 2024
The Illinois Venture Capital Association plays a crucial role in enhancing the vitality of the state's venture capital and private equity community. By providing government affairs expertise, it advocates for policies that benefit the industry and promote a favorable investment climate. The Association organizes educational programs, including conferences and networking events, which allow members to share knowledge and best practices.
Through these initiatives, professionals within the venture capital ecosystem can connect, collaborate, and innovate, fostering a robust network that supports the growth of business enterprises in Illinois. The bi-monthly newsletters keep members informed about industry trends and developments, further contributing to their professional growth and understanding of the market dynamics.
By participating in shared programs with other organizations, the Illinois Venture Capital Association enhances its community impact, ensuring that the interests of the venture capital sector are represented and advanced in a collective manner. This collaborative spirit ultimately drives economic growth and dynamism within Illinois, making it a significant player in the national venture capital landscape.
This information is meant to be a general summary of Illinois Venture Capital Association. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $25
- Program Service Revenue: $368,176
- Gross Receipts: $880,053
Assets and Liabilities:
- Total Assets: $1,110,797
- Total Liabilities: $280,995
- Net Assets: $829,802
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP
Revenue
$331,286
PROGRAM EVENTS
Revenue
$36,890
Organization Details
Founding Year
2000
Phone
(312) 241-1615Principal Officer
Christie Pruyn
Main Address
27 N WACKER DRIVE 405, CHICAGO, IL, 60606
Website
www.illinoisvc.orgNTEE Category
Code: S41 - Community improvement
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