Charlottesville Business Innovation Council
Public records raise at least one point you should look into before giving.
What it says it does
THE CHARLOTTESVILLE BUSINESS INNOVATION COUNCIL'S (CBIC) MISSION IS TO EDUCATE, CELEBRATE, AND ADVOCATE FOR CHARLOTTESVILLE, VIRGINIA'S TECHNOLOGY COMMUNITY AND TO ACCELERATE TECHNOLOGY INNOVATION AND ENTREPRENEURSHIP IN THE REGION.
- Income
- $131,002
- Spending
- $186,853
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- THE HUB CVA - CBIC OPERATES THE HUB CVA WEBSITE (HTTPS://THEHUBCVA.ORG/). THE HUB WAS BUILT ON THE VISION OF THE CHARLOTTESVILLE BUSINESS INNOVATION COUNCIL THAT THERE IS A BETTER WAY TO GET INFORMATION AND MAKE CONNECTIONS. BUSINESS CREATION AND GROWTH INVOLVE MANY TRANSACTIONS, BUT THE CURRENCY OF THOSE TRANSACTIONS IS ALWAYS INFORMATION AND CONNECTIONS. THE HUB EXISTS TO FACILITATE CONNECTIONS AND THE FREE FLOW OF INFORMATION.THE HUB IS A REGIONAL CONNECTOR PLATFORM FOR ENTREPRENEURS AND HIGH-GROWTH BUSINESSES IN CENTRAL VIRGINIA'S REGION 9, WHICH INCLUDES THE CITY OF CHARLOTTESVILLE, AND THE COUNTIES OF ALBEMARLE, CULPEPER, FAUQUIER, FLUVANNA, GREENE, LOUISA, MADISON, NELSON, ORANGE, AND RAPPAHANNOCK.THE MISSION OF THE HUB IS TO LOWER THE BARRIERS OF WALLED SITES AND BUSINESSES, AND HELP ITS USERS FIND THE PEOPLE AND THINGS THAT MATTER THE MOST TO THEM. FROM MARGINALIZED COMMUNITIES THAT HAVE TRADITIONALLY BEEN ON THE OUTSIDE OF MAINSTREAM ACCESS TO THOSE ALREADY PARTICIPATING IN THE WEALTH OF RESOURCES AND CONNECTIONS THROUGHOUT CENTRAL VIRGINIA, THE HUB SEEKS TO LOWER BARRIERS AND INCREASE CONNECTIONS FOR EVERYONE.
- EDUCATIONAL PROGRAMS AND NETWORKING EVENTS - CBIC ORGANIZES AND HOSTS A SERIES OF PANEL DISCUSSIONS COVERING TOPICS OF INTEREST TO MEMBERS OF THE HIGH-TECH AND ENTREPRENEURIAL COMMUNITIES. LIKEWISE, EITHER ALONE OR WITH PARTNER ORGANIZATIONS, CBIC ORGANIZES EVENTS WHERE ENTREPRENEURS AND PEOPLE IN HIGH-TECH INDUSTRIES CAN MEET, DISCUSS AREAS OF COMMON INTEREST, AND FORM PROFESSIONAL RELATIONSHIPS.
- CBIC AWARDS GALA - AN ANNUAL EVENT THAT GATHERS NEARLY 400 BUSINESS LEADERS, ENTREPRENEURS, GOVERNMENT OFFICIALS, AND ACADEMICS TO HONOR INDIVIDUALS AND ORGANIZATIONS FOR THEIR NOTEWORTHY CONTRIBUTIONS TO THE MARKETPLACE THROUGH THEIR HIGH-TECH INNOVATION AND LEADERSHIP. CBIC AWARD RECIPIENTS ENJOY INCREASED EXPOSURE AND VISIBILITY IN THE MEDIA, BUSINESS COMMUNITY, AND FROM POTENTIAL PARTNERS.
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2010.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.