Overview
What is National Venture Capital Association?
The National Venture Capital Association (NVCA) is a prominent nonprofit organization situated in Washington D.C., advocating for a thriving entrepreneurial ecosystem in the United States. With a strong focus on policy, NVCA collaborates with policymakers, the media, and various organizations nationwide to promote the significant impact of venture capital investors and the entrepreneurs they support on the economy, job creation, and innovation. Their policy priorities encompass tax reform, reducing regulatory burdens, immigration policies, technology support, healthcare investment, technology transfer, and basic research funding, among others. NVCA's initiatives extend beyond policy, as they also lead industry initiatives, conduct research, and facilitate professional development to support high-growth companies, ensuring the U.S. remains a competitive environment for entrepreneurs and innovation.
Official website here: www.nvca.org
Is National Venture Capital Association legitimate?
National Venture Capital Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. National 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: $1,856,085
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,694,636
For more financial information, click here
Official website here: www.nvca.org
What is the mission statement of National Venture Capital Association?
The National Venture Capital Association (NVCA) aims to unite the U.S. entrepreneurial ecosystem, supporting the formation of high-growth companies and maintaining the U.S. as a leading competitive environment for entrepreneurs and innovation. Powered by its members, NVCA facilitates various activities, including shaping public policy, leading industry initiatives, spearheading industry research, and promoting professional development. It brings together venture capital investors, entrepreneurs, industry partners, and other ecosystem participants to collaborate and drive growth in the venture capital sector.
Official website here: www.nvca.org
Who is the CEO of National Venture Capital Association?
Robert Bobby Franklin is the CEO of National Venture Capital Association The CEO's salary of National Venture Capital Association is $1,285,436 and their total compensation is $1,450,273.
Official website here: www.nvca.org
What is the revenue of National Venture Capital Association?
National Venture Capital Association's revenue in 2023 was $9,262,904.
Official website here: www.nvca.org
Who are the executives of National Venture Capital Association and what are their salaries?
There 39 volunteers at National Venture Capital Association.
Here are 46 key members and their salaries (National Venture Capital Association's CEO's salary is $1,285,436 and their total compensation is $1,450,273):
- Compensation: $1,285,436
- Related: $0
- Other: $164,837
- Compensation: $453,583
- Related: $0
- Other: $26,813
- Compensation: $384,379
- Related: $0
- Other: $21,433
- Compensation: $289,600
- Related: $0
- Other: $15,282
- Compensation: $206,929
- Related: $0
- Other: $20,564
- Compensation: $204,814
- Related: $0
- Other: $20,450
- Compensation: $182,299
- Related: $0
- Other: $19,499
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Official website here: www.nvca.org
Where can I find the form 990 for National Venture Capital Association?
National Venture Capital Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nvca.org
Learn more at the official website: www.nvca.org
Mission Statement of National Venture Capital Association
The National Venture Capital Association, abbreviated as NVCA, serves as a unifying force within the United States entrepreneurial ecosystem. Its mission is to foster the growth of high-potential companies and maintain the USA's position as a global leader in entrepreneurship and innovation. Powered by its members, NVCA brings together venture capital investors, entrepreneurs, industry partners, and other ecosystem participants to shape public policy, spearhead industry initiatives, and conduct comprehensive research. Through these activities, the organization aims to facilitate professional development within the venture capital industry, ensuring its continued success and competitiveness.
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Impact
October, 2024
The National Venture Capital Association (NVCA) plays a critical role in enhancing the U.S. entrepreneurial ecosystem by fostering the formation of high-growth companies and ensuring a competitive environment for innovation. By uniting venture capital investors, entrepreneurs, industry partners, and various ecosystem participants, NVCA shapes public policy that supports entrepreneurship and economic growth.
Through advocacy efforts, NVCA promotes an understanding of the significant impact that venture capitalists and the entrepreneurs they back have on job creation and innovation. Key policy priorities include tax reforms to encourage new company formation, reducing regulatory burdens on venture capitalists and startups, and implementing immigration policies that attract and retain talented entrepreneurs. NVCA also champions technology policy reforms to support startups and drive disruption, along with advocating for investments in healthcare innovations that improve lives.
Additionally, NVCA leads several initiatives aimed at creating a more inclusive entrepreneurial environment. These efforts include promoting the importance of venture capital in supporting entrepreneurship and driving industry research. By facilitating professional development, NVCA empowers its members to navigate the complex landscape of venture capital effectively.
Overall, the NVCA's influence extends beyond just policy-making; it plays a pivotal role in cultivating a vibrant ecosystem that nurtures innovation and supports the growth of new companies, ultimately contributing to the economy and job creation across the nation.
This information is meant to be a general summary of National 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 2023.
- Investment Income: $257,158
- Program Service Revenue: $9,000,498
- Gross Receipts: $9,323,241
Assets and Liabilities:
- Total Assets: $11,509,918
- Total Liabilities: $4,820,427
- Net Assets: $6,689,491
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES
Revenue
$7,751,096
CONFERENCES & MEETINGS
Revenue
$1,231,955
ONLINE PUB ADVERTISING
Revenue
$17,447
Organization Details
Founding Year
1973
Principal Officer
Robert Bobby Franklin
Website
www.nvca.orgNTEE Category
Code: S41 - Community improvement
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