VIRGINIA HIGHLANDS SMALL BUSINESS I
AI Summary
Virginia Highlands Small Business I (EIN: 54-1965102) is a nonprofit organization focused on economic development and entrepreneurship in Abingdon and Washington County, Virginia. With an operating budget of $531.4K and total revenue of $439.6K for the filing year 2025, its mission is to enhance the region's economic development efforts, spur the growth of small businesses and industry, and improve the lives of local residents by creating jobs. More information can be found on their website at www.vhsbi.com.
Mission Statement
TO ENHANCE THE REGION'S ECONOMIC DEVELOPMENT EFFORTS, TO SPUR GROWTH OF SMALL BUSINESS AND INDUSTRY AND TO IMPROVE THE LIVES OF PEOPLE IN ABINGDON AND WASHINGTON COUNTY, VIRGINIA BY OFFERING AN INNOVATIVE ECONOMIC DEVELOPMENT ENGINE THAT WILL BE DEVOTED TO CREATING JOBS.
Cause Areas
2
Entrepreneurship
Economic development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is VIRGINIA HIGHLANDS SMALL BUSINESS I’s budget?
In 2025, VIRGINIA HIGHLANDS SMALL BUSINESS I reported an annual operating budget of around $531 thousand. More detailed financial information is available to registered users.
What causes does VIRGINIA HIGHLANDS SMALL BUSINESS I support?
VIRGINIA HIGHLANDS SMALL BUSINESS I supports work in Entrepreneurship and Economic development.
Where does VIRGINIA HIGHLANDS SMALL BUSINESS I operate?
VIRGINIA HIGHLANDS SMALL BUSINESS I is headquartered in Abingdon, VA.
What is VIRGINIA HIGHLANDS SMALL BUSINESS I’s reliance on government grants?
VIRGINIA HIGHLANDS SMALL BUSINESS I relied on government grants for more than 30% of their total revenue in 2025.