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Path Ventures

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201892523 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Path Ventures?

Path Ventures is a nonprofit organization situated in Los Angeles, California. Its primary mission is to improve the lives of individuals and communities by increasing the availability of affordable housing. The organization specializes in constructing housing that caters to the specific needs of the homeless population. Their purpose extends beyond just providing housing; they also actively encourage community and economic development, and contribute to neighborhood revitalization for low-income families and individuals. With a team of 18 dedicated employees, Path Ventures strives to make a significant impact in addressing housing affordability issues.


Official website here: www.epath.org/path-ventures/

Is Path Ventures legitimate?

Path Ventures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Path Ventures submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $645,239
Professional Fundraising Fees: $0
Other Salaries and Wages: $726,260

For more financial information, click here


Official website here: www.epath.org/path-ventures/

What is the mission statement of Path Ventures?

Path Ventures' mission is centered around enhancing individual lives and communities by promoting the development of quality, affordable housing. Their purpose extends beyond just constructing housing units; they also strive to foster community and economic development, and encourage neighborhood revitalization, primarily for low-income families and individuals. The organization sets itself apart by tailoring its housing solutions to specifically meet the needs of the homeless population, ensuring a supportive living environment.


Official website here: www.epath.org/path-ventures/

Who is the CEO of Path Ventures?

Joel Roberts is the Ceo of Path Ventures. The CEO's salary of Path Ventures is $292,458 and their total compensation is $325,826.


Official website here: www.epath.org/path-ventures/

What is the revenue of Path Ventures?

Path Ventures's revenue in 2022 was $7,143,035.


Official website here: www.epath.org/path-ventures/

Who are the executives of Path Ventures and what are their salaries?

The average compensation at Path Ventures during 2022 was $76,194. There are 18 employees and 12 volunteers at Path Ventures.

Here are 21 key members and their salaries (Path Ventures's CEO's salary is $292,458 and their total compensation is $325,826):

    Jennifer Hark-Dietz (President)
  • Compensation: $1,517
  • Related: $345,073
  • Other: $30,498

    • Joel Roberts (Ceo)
  • Compensation: $292,458
  • Related: $0
  • Other: $33,368

    • Sarah Kolish (Coo)
  • Compensation: $17,966
  • Related: $192,866
  • Other: $35,968

    • Sandy Oluwek (Cfo)
  • Compensation: $28,234
  • Related: $159,616
  • Other: $27,009

    • Anthony Bahamondes (Sr Dir Of Hsg)
  • Compensation: $145,783
  • Related: $0
  • Other: $11,086

    • Lilian Najarro (Sr Dir Of Finance)
  • Compensation: $133,485
  • Related: $0
  • Other: $15,198

    • Iris Alcantara (Asset Mgmt Dir.)
  • Compensation: $124,192
  • Related: $0
  • Other: $11,735

    • Lois Starr (Exe Officer)
  • Compensation: $114,827
  • Related: $0
  • Other: $0

    • Shiheng Guan (Project Manager)
  • Compensation: $102,410
  • Related: $0
  • Other: $6,596

    • Brian Tucker (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eileen Dardick (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shane Goldsmith (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Kurtzman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane Blumenfeld (Recording Sec) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Perla Eston (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Kaiser (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Lambert (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Nagler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Annick Hamon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandeep Patel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clair Orr (Founder) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.epath.org/path-ventures/

    Where can I find the form 990 for Path Ventures?

    The Path Ventures’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.epath.org/path-ventures/

    Learn more at the official website: www.epath.org/path-ventures/

    Mission Statement of Path Ventures

    Path Ventures, a nonprofit organization, is dedicated to enhancing the lives of individuals and communities by promoting the development of affordable housing. Their primary purpose is to construct reasonably priced housing units, foster community and economic development, and encourage neighborhood revitalization for low-income families and individuals. What sets Path Ventures apart is its unique approach to creating housing that caters specifically to the needs of the homeless population. The organization specializes in building both affordable housing and permanent supportive housing for homeless individuals and families, ensuring they have access to safe and stable living spaces.

    Impact

    This information is meant to be a general summary of Path Ventures. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 1, 2024

    Path Ventures makes a significant impact by improving individual lives and communities through the development of quality affordable housing. The organization builds affordable housing and permanent supportive housing for homeless and low-income individuals and families in Los Angeles, California. What sets Path Ventures apart is its approach to creating housing that specifically addresses the needs of the homeless population. Their mission is centered around developing affordable housing, promoting community and economic development, and encouraging neighborhood revitalization for low-income families and individuals. Through their work, Path Ventures is helping to provide stable and secure housing options for those in need, ultimately contributing to the overall well-being and stability of the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $97,682
  • Program Service Revenue: $5,492,768
  • Gross Receipts: $7,215,752

    • Assets and Liabilities:
  • Total Assets: $70,954,460
  • Total Liabilities: $44,979,514
  • Net Assets: $25,974,946
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    DEVELOPER FEE INCOME

    Revenue

    $4,737,141

    INCENTIVE FEE INCOME

    Revenue

    $137,201

    OTHER INCOME

    Revenue

    $71,196

    PARTNERSHIP Mgmt FEe

    Revenue

    $136,715

    RENTAL INCOME

    Revenue

    $410,515

    Organization Details

    Founding Year

    2022

    Principal Officer

    Joel Roberts

    Main Address

    340 N MADISON, LOS ANGELES, CA, 90004

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Path Ventures and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.