EIN 80-0326026

Volunteers for Economic Growth Alliance

IRS 501(c) type
501(c)(3)
Num. employees
12
Year formed
2003
Most recent tax filings
2018-12-01
Notice
This nonprofit is terminated or no longer active
Volunteers for Economic Growth Alliance may be no longer active or terminated. Either the organization hasn't filed a Form 990 in many years and appears to no longer be active, or they marked in their most recent Form 990 that they have closed down.
Description
Volunteers for Economic Growth Alliance mobilizes 100,000 highly-skilled volunteers to stimulate sustainable economic growth in emerging markets. Their programs utilize various approaches, such as on-the-ground support for volunteers and coordination with local associations to ensure impact and sustainability.
Total revenues
$18,865,815
2018
Total expenses
$19,063,664
2018
Total assets
$512,993
2018
Num. employees
12
2018

Program areas at Volunteers for Economic Growth Alliance

Vega programs use a combination of approaches to ensure impact and sustainability, including the use of on-the-ground support for Volunteers and the coordination of activities with other local projects and associations. Depending on project needs, Volunteers provide technical assistance on varying short and long-term bases, assisting a diverse suite of clients which includes firms, associations, research institutions, municipalities, and other public or private sector groups. Vega is leveraging expert Volunteers from 25 leading Economic Growth organizations to conduct programs in 17 countries throughout the world. These programs serve to stimulate Economic Growth in developing nations and include the following programs: afghanistan - capacity building and change management program (cbcmp ii), afghanistan - assistance in building afghanistan by developing enterprises (abade), albania - financial sector development program, moldova - technical assistance to the national bank of moldova, nigeria - grain quality improvement program for maize, bosnia - workforce and higher access to markets activity bosnia/herzegovina, egypt - food security and agribusiness support (fas), lebanon - investment in microfinance (lim), liberia - investing for business expansions (ibex), mali - financial technical assistance program (fintap), cambodia - capacity building of local government, sri lanka - vega/biz+, sri lanka - you lead, tanzania - feed the future tanzania enabling Growth through investment and enterprise program (engine), ukraine - credit for agriculture producers (cap), yemen - competitive agriculture systems for high value crops, john ogonowski farmer-to-farmer, uzbekistan/kazakhstan, laos, uganda, mexico - emerging markets development advisers program (emdap).

Grants made by Volunteers for Economic Growth Alliance

GranteeGrant descriptionAmount
International Executive Service Corps (IESC)Promoting Stability and Prosperity Around the World Through Private Enterprise Development.$9,104,422
CnfaTo Stimulate Economic Growth and Improve Livelihoods By Cultivating Entrepreneurship.$3,858,210
Financial Services Volunteer CorpsFSVC Is A Not-For-Profit, Public-Private Partnership Whose Mission Is To Help Build the Sound Financial Systems Needed To Support Robust Market Economies in Transitional and Developing Countries. Sound Financial Infrastructure Is Essential To Support Private Entrpreneurship, Promote Job Creation, Mobilize Domestic Savings, Attract Foreign Investment, and Create Conditions That Promote Lasting Economic Oppurtunity.$1,350,561
...and 6 more grants made

Personnel at Volunteers for Economic Growth Alliance

NameTitleCompensation
John PompayBod , Chairman$0
Long T. NguyenManaging Director Finance and Administration / Managing Director , Finance and Administration$170,320
David GrossmanBod , Lead Member , Treasurer$0
J Michael DealChief Executive Officer and Executive Director$182,008
Thomas J MillerBod , Vice Chairman$0
...and 10 more key personnel

Financials for Volunteers for Economic Growth Alliance

RevenuesFYE 12/2018
Total grants, contributions, etc.$18,865,775
Program services$0
Investment income and dividends$40
Tax-exempt bond proceeds$0
Royalty revenue$0
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$0
Total revenues$18,865,815

Form 990s for Volunteers for Economic Growth Alliance

Fiscal year endingDate received by IRSFormPDF link
2018-122019-06-19990View PDF
2017-122018-11-15990View PDF
2016-122017-10-17990View PDF
2015-122016-11-02990View PDF
2014-122015-09-16990View PDF
...and 6 more Form 990s

Organizations like Volunteers for Economic Growth Alliance

OrganizationLocationRevenue
The Idi FoundationAtlanta, GA$22,464,244
African Leadership FoundationNew York, NY$7,938,510
Glasswing InternationalNew York, NY$25,604,589
International Medicine Equipment Callobrative of America (IMEC)North Andover, MA$25,708,997
Women Win FoundationArlington, MA$11,903,095
CamfedSan Francisco, CA$17,704,786
The United Armenian FundGlendale, CA$23,243,164
Peace Development Fund (PDF)Amherst, MA$5,132,231
Universal Peace Federation (UPF)Tarrytown, NY$32,923,624
Open Society Institute - Baltimore (OSI)New York, NY$22,321,703
Data update history
July 11, 2022
Used new vendors
Identified 1 new vendor, including
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
December 21, 2018
Used new vendors
Identified 1 new vendor, including
October 19, 2018
Posted financials
Added Form 990 for fiscal year 2017
January 25, 2018
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Social advocacy organizationsInternational-focused organizations
Issues
EducationCommunity improvementForeign affairsInternational developmentEconomic development
Characteristics
LobbyingReceives government fundingCommunity engagement / volunteeringTerminated
General information
Address
734 15th St NW No 1100
Washington, DC 20005
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
vegaalliance.org/ 
Phone
(202) 223-7012
Facebook page
VEGAalliance 
Twitter profile
@vegaalliance 
IRS details
EIN
80-0326026
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2003
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Q20: International Exchanges, Cultural Understanding
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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