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EIN 20-1443645

Venture Michigan Fund (VMF)

IRS 501(c) type
501(c)(3)
Num. employees
0
City
New York
State
New York
Year formed
2004
Most recent tax filings
2022-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
The Venture Michigan Fund (“VMF”) is a venture capital fund investment program that has been formed under the Michigan Early Stage Venture Investment Act of 2003 (or the “Act of 2003”). VMF seeks to promote Michigan’s economic health by assisting in the creation of new jobs, new businesses and new industries in Michigan through the creation of two funds of funds, the Venture Michigan Fund I, L.P. (“VMF I”) and the Venture Michigan Fund II, L.P. (“VMF II”) that invest in venture capital managers with a focus on Michigan-based early stage companies.
Total revenues
$26,346,078
2022
Total expenses
$2,196,899
2022
Total assets
$339,849,528
2022
Num. employees
0
2022

Program areas at VMF

To RAISE CAPITAL AND INVEST THAT CAPITAL IN VENTURE CAPITAL FIRMS WITH THE INTENT TO BENEFIT THE STATE OF MICHIGAN'S EARLY OR SEED STAGE BUSINESSES.

Personnel at VMF

NameTitle
John EvansAuthorized Signatory
Stephen RamsthalerOfficer
No CompensationN and A

Financials for VMF

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$1,632,809
Tax-exempt bond proceeds$0
Royalty revenue$4,809
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$24,708,460
Total revenues$26,346,078

Form 990s for VMF

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-05990View PDF
2019-122021-02-22990View PDF
2018-122020-01-27990View PDF
...and 9 more Form 990s

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Ohio Capital Finance CorporationColumbus, OH$18,182,307
Hawaii Community LendingHilo, HI$20,239,640
PIDC-Community CapitalPhiladelphia, PA$11,497,750
Boc Capital CorporationBrooklyn, NY$7,541,179
Commonwealth Cornerstone GroupHarrisburg, PA$12,939,661
Cinnaire Lending CorporationLansing, MI$12,692,635
Valley PartnersYoungstown, OH$7,559,367
Washington Area Community Investment FundWashington, DC$9,086,978
Data update history
January 8, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 3 new personnel
July 31, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Business and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Tax deductible donationsNo full-time employees
General information
Address
767 Fifth Ave 14th Floor
New York, NY 10153
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
venturemichiganfund.com/ 
Phone
(646) 362-3600
IRS details
EIN
20-1443645
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
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