Virginia Biotechnology Research Park

Community development organization based in Richmond, VA.0 Exempt under §501(c)(3).

MissionVIRGINIA BIOTECHNOLOGY RESEARCH PARK (THE ACTIVATION COUNCIL), AS AN ANCHOR FOR THE KNOWLEDGE-BASED COMMUNITY , WILL PROVIDE THE LEADERSHIP AND VISION TO THE RICHMOND REGIONAL INNOVATION ECOSYSTEM WITH A WILLINGNESS TO INVENT, TAKE AND MANAGE RISKS, AND SHARE CREDIT FOR SUCCESS.

Financial snapshot · TY 2021

$1.9M
Total revenue
$1.4M
Total expenses
$1.6M
Net assets

Financial health · TY 2023

41
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
2
0.3 months of expenses
Program efficiency
100
95.5% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Erin Powell
DIRECTOR / EXECUTIVE DIRECTOR
$172,437
79th percentile vs. peers

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