Nonprofits›Az Venture Capital Inc
Community Improvement & Capacity Building
Az Venture Capital Inc
PHOENIX, AZ
Total revenue
$1.1M
Total expenses
$1.1M
Net assets
—
Grants received
—
EIN
882595973
Tax year
2023
Mission
To promote access to equity capital to underrepresented businesses, catalyze private investment, and fuel economic growth and good jobs in arizona.
Financials
FY 2023
Revenue
Contributions & grants$1.1M
Program service revenue—
Investment income$246
Other revenue—
Total revenue$1.1M
Expenses
Grants paid—
Salaries & benefits$652K
Fundraising—
Other expenses$428K
Total expenses$1.1M
Total assets$9.3M
Net assets—
People
10 listed
NameRoleCompensation
ANDREW LOMBARD
PRESIDENT & CEO
Board
$265K
1 hrs/wk
CHERYL LOMBARD
SECRETARY (THRU 03/2024)
Board
—
0VADA MANAGER
BOARD MEMBER
Board
—
0DANNY SEIDEN
BOARD MEMBER (THRU 03/2024)
Board
—
0KARL GENTLES
BOARD MEMBER (THRU 03/2024)
Board
—
0SANDRA WATSON
VICE CHAIRMAN
Board
—
0GARY TRUJILLO
BOARD MEMBER (THRU 03/2024)
Board
—
0JIM SWANSON
TREASURER
Board
—
0PAUL HICKMAN
CHAIRMAN (THRU 08/2023)
Board
—
0JENNIFER PALMER
EXECUTIVE ASSISTANT TO CEO
Staff
$109K
1 hrs/wk
Details
EIN882595973
NTEE codeS20
Subsection03
Ruling date2023-08
Formed2022
Employees5
Volunteers8