Virginia National Guard Ventures Inc

Co Charles B Faulconer Jr

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

EIN: 521481894 ✦ Lynchburg, VA ✦ Designated as a 501(c)(19)

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Overview

What is Virginia National Guard Ventures Inc?

Virginia National Guard Ventures Inc, headquartered at 4627 Fieldale Road, Lynchburg, VA 24503, serves as a nonprofit entity dedicated to providing insurance benefits to members of the Virginia National Guard. Through its mission, the organization ensures that these individuals have the necessary insurance coverage, enhancing their overall well-being and peace of mind. The organization operates under the name CO Charles B Faulconer Jr., contributing positively to the military community in Virginia.

Is Virginia National Guard Ventures Inc legitimate?

Virginia National Guard Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(19) entity. Virginia National Guard Ventures Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Virginia National Guard Ventures Inc?

Virginia National Guard Ventures Inc's primary mission is to offer insurance coverage to the members of the Virginia National Guard. This organization ensures the provision of necessary insurance benefits to the individuals serving in the Virginia National Guard. By providing insurance, they contribute to the overall well-being and security of these military personnel. Their mission is centered around safeguarding the financial future of these dedicated individuals during their service. Although not explicitly stated, it can be inferred that their mission aims to provide peace of mind and protection to the Virginia National Guard members.

Who is the CEO of Virginia National Guard Ventures Inc?

Ronald Emerson is the Director of Virginia National Guard Ventures Inc.

What is the revenue of Virginia National Guard Ventures Inc?

Virginia National Guard Ventures Inc's revenue in 2022 was $117,569.

Who are the executives of Virginia National Guard Ventures Inc and what are their salaries?


Here are 9 key members and their salaries:


Kenneth W Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William H Logan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert P Kuykendall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond E Bowles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Ellis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles B Faulconer Jr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allan R Smith (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Emerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Virginia National Guard Ventures Inc?

Virginia National Guard Ventures Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Virginia National Guard Ventures Inc

Virginia National Guard Ventures Inc, as outlined in the provided information, is an organization dedicated to providing insurance benefits to members of the Virginia National Guard. The mission of this nonprofit is to safeguard the financial well-being of the individuals who serve in the Virginia National Guard. Through its insurance services, Virginia National Guard Ventures Inc ensures that these individuals are protected in case of unforeseen circumstances, providing a sense of security and peace of mind during their military service. The organization's primary activity involves the provision of insurance, thus serving as a vital support system for the Virginia National Guard members.

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Impact




October, 2024

Virginia National Guard Ventures Inc plays a crucial role in enhancing the well-being of members of the Virginia National Guard by providing essential insurance benefits. This support helps ensure that Guard members have access to necessary resources and protection as they serve. By focusing on the financial security of its members, the organization fosters a sense of community and stability among those who choose to protect and serve. The mission is particularly significant, as it directly addresses the unique needs of service members, offering them peace of mind and support during their military careers and beyond. With its operations based in Lynchburg, VA, the organization effectively bridges the gap between service and security, reinforcing the commitment to the welfare of the Virginia National Guard community.




This information is meant to be a general summary of Virginia National Guard Ventures Inc. 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
$117,569 (2022)
Expenses
$85,096 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,666
  • Program Service Revenue: $98,903
  • Gross Receipts: $117,569

Assets and Liabilities:

  • Total Assets: $859,964
  • Total Liabilities: $0
  • Net Assets: $859,964

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Programs

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

PROVIDE INSURANCE

Revenue

$98,903

Organization Details

Founding Year

1974

Principal Officer

Ronald Emerson

Main Address

4627 FIELDALE ROAD, LYNCHBURG, VA, 24503

NTEE Category

Code: Y40 - Mutual benefit

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