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National Collegiate Inventors & Innovators Alliance

Public charityFed auditsIRS 990
DBA: % CHRIS DESROSIERS
Other · HADLEY, MA · EIN 42-1727335

About

VentureWell is on a mission to cultivate a pipeline inventors, innovators, and entrepreneurs driven to solve the world's biggest challenges and to create lasting impact. We foster collaboration among the best minds from research labs, classrooms, and beyond to advance innovation and entrepreneurship education and to provide unique opportunities for stem students and researchers to fully realize their potential to improve the world.

In care of Chris Desrosiers

Donations are tax-deductible
Category
Other
Employees
155
Volunteers
14

Financial Snapshot

FY ending 2024-06-30
Revenue
$116.6M
Expenses
$110.8M
Assets
$67.3M
Liabilities
$33.3M

Financial history

$116.6M$58.3M$0
161718192021222324
RevenueExpenses
Latest FY2024: $116.6M · Avg: $49.9M

Foreign activity (Schedule F)

Total spent abroad$264K
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
Russia and Neighboring States
Middle East and North Africa
East Asia and the Pacific
Europe (Including Iceland & Greenland)

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$164K
Grants Given
$6.1M
NATIONAL COLLEGIATE INVENTORS & INNOVATORS ALLIANCE
Your actions

Address

100 Venture Way
Hadley, MA, 01035-946

Governance

Voting board members14
Independent members14
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Fundraising activity (Schedule G)

Uses professional fundraisersNo
Net to org-$41K
Retained by contractors$41K
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.