Overview
What is Community Ventures?
Community Ventures is a nonprofit organization established in 1987 in Philadelphia. Their primary focus is on the development of affordable housing. They achieve this by engaging in joint venture rehabilitation projects with local organizations. Their mission is to improve the living conditions of the community by collaborating with locally-based organizations. Community Ventures is dedicated to making a positive impact on Philadelphia's housing landscape.
Is Community Ventures legitimate?
Community Ventures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community 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: $137,454
Professional Fundraising Fees: $0
Other Salaries and Wages: $845,260
For more financial information, click here
What is the mission statement of Community Ventures?
Community Ventures, established in 1987, has a mission to develop affordable housing in collaboration with local organizations. The organization's primary objective is to engage in joint venture redevelopment efforts, aiming to contribute to the provision of affordable housing solutions. The mission of Community Ventures is centered around working in tandem with local entities to improve housing conditions and make affordable housing options more accessible.
Who is the CEO of Community Ventures?
David Lafontaine is the Executive Director of Community Ventures.
What is the revenue of Community Ventures?
Community Ventures's revenue in 2022 was $1,560,468.
Who are the executives of Community Ventures and what are their salaries?
The average compensation at Community Ventures during 2022 was $42,727. There are 23 employees and 10 volunteers at Community Ventures.
Here are 10 key members and their salaries:
- David Lafontaine (Executive Director)
- Nancy Wagner-Hislip (Board Chair) [Trustee/Director]
- Thomas Williams (Treasurer) [Trustee/Director]
- H Ahada Stanford (Board Member) [Trustee/Director]
- H Aiden Blyth Jr (Board Member) [Trustee/Director]
- Rob Fleming (Board Member) [Trustee/Director]
- John Howard (Board Member) [Trustee/Director]
- Mark Mcguigan (Board Member) [Trustee/Director]
- Nina Liou (Board Member) [Trustee/Director]
- Deborah Mccolloch (Board Member) [Trustee/Director]
Where can I find the form 990 for Community Ventures?
The Community Ventures’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Community Ventures
Community Ventures, established in 1987, is a mission-driven organization dedicated to the development of affordable housing. With a focus on collaboration, it enters into joint venture rehabilitation projects with locally-based organizations. The primary goal of Community Ventures is to contribute to the affordable housing sector in Philadelphia. By working together with local organizations, it aims to create sustainable and affordable housing solutions for the community.
Impact
This information is meant to be a general summary of Community Ventures. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Community Ventures's impact is evident in the revitalization of affordable housing in Philadelphia. Through its housing rehabilitation efforts, Community Ventures has provided much-needed affordable housing options for residents in the city. By entering into joint venture redevelopment projects with locally-based organizations, Community Ventures has been able to leverage partnerships and resources to create positive change in Philadelphia's housing landscape. This initiative has not only improved living conditions for many individuals and families but has also contributed to the overall well-being and sustainability of the community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL COMMISSION
Revenue
$202,644
EXPENSE REIMBURSEMENT
Revenue
$538,372
DEVELOPMENT FEES
Revenue
$569,360
MANAGEMENT FEES
Revenue
$49,726
RENTAL INCOME
Revenue
$22,576
Organization Details
Founding Year
1987
Phone
(215) 564-6004
Principal Officer
David Lafontaine
Main Address
1501 CHERRY STREET, PHILADELPHIA, PA, 19102
NTEE Category
Code: T30 - Philanthropy
If you are a representative of Community 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.