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Venture

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

EIN: 411720155 ✦ Burnsville, MN ✦ Designated as a 501(c)(3)

Overview

What is Venture?

Venture is a nonprofit organization based in Burnsville, Minnesota, dedicated to addressing unsafe, unreachable, and under-resourced areas worldwide. They partner with local leaders to empower, train, and equip them to bring safety, rescue, and restoration to communities in need. Their initiatives span various sectors, such as rescuing trafficked girls, providing farming and feeding programs for war refugees, offering feminine hygiene training in rural areas, and distributing Scripture to oral preference communities. By combining church planting, community relief, and development, Venture aims to bring about generational change in oppressed communities. In the United States, Venture encourages individuals to donate, engage their businesses and churches, or utilize VentureMiles to raise funds and create awareness. Additionally, Venture shares insights from the global church to launch discipleship-making movements in communities worldwide, resulting in transformative impacts.


Official website here: www.venture.org

Is Venture legitimate?

Venture is a legitimate nonprofit organization registered as a 501(c)(3) entity. Venture 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: $110,737
Professional Fundraising Fees: $0
Other Salaries and Wages: $630,902

For more financial information, click here


Official website here: www.venture.org

What is the mission statement of Venture?

Venture's mission is centered around addressing the world's most pressing needs with a strong focus on community development. They are actively involved in church planting and humanitarian efforts in challenging environments, such as war zones, areas with human trafficking, and communities with oppressed children. Their mission extends beyond church planting, including initiatives to rescue girls from trafficking, establish farms, and teach microenterprise and feminine hygiene skills. These efforts aim to bring about generational transformation within communities and spiritual transformation for individuals. Furthermore, Venture motivates thousands of people annually to participate in various activities, including running, hiking, biking, and giving, to support those in need in these difficult locations.


Official website here: www.venture.org

Who is the CEO of Venture?

Ryan Skoog is the Chairman Of The Board of Venture. The CEO's salary of Venture is $0 and their total compensation is $0.


Official website here: www.venture.org

What is the revenue of Venture?

Venture's revenue in 2022 was $6,005,204.


Official website here: www.venture.org

Who are the executives of Venture and what are their salaries?

The average compensation at Venture during 2022 was $92,705. There are 8 employees and 5,312 volunteers at Venture.

Here are 7 key members and their salaries (Venture's CEO's salary is $0 and their total compensation is $0):

    Paul Hurckman (Executive Director)
  • Compensation: $108,606
  • Related: $0
  • Other: $2,131

    • Tim Skoog (Chairman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Skoog (President, Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Ahlm (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Furry (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Tomlinson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terry Boyton (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.venture.org

    Where can I find the form 990 for Venture?

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


    Official website here: www.venture.org

    Learn more at the official website: www.venture.org

    Mission Statement of Venture

    Venture, as an organization, dedicates its greatest efforts towards addressing the world's most pressing needs, acting in response to the gospel. The mission of Venture is multifaceted, encompassing church planting and community development in challenging environments. Specifically, Venture focuses on aiding war refugees, protecting the exploited, advocating for oppressed children, and reaching out to unengaged populations.

    By planting thousands of churches, Venture extends its impact into local communities. These churches not only offer spiritual guidance but also engage in initiatives such as rescuing girls from trafficking, establishing farms, and teaching microenterprise and feminine hygiene skills. These activities foster generational transformation within communities, while also providing individuals with eternal transformation.

    Besides its grassroots work, Venture mobilizes thousands of people annually to participate in various challenging activities, including running, hiking, biking, praying, giving, and undertaking tough tasks. These initiatives aim to support people in challenging locations, thereby contributing to their well-being and overall development.

    Impact

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




    Saturday, July 20, 2024

    Venture's impact can be seen in the transformative work it carries out in some of the toughest places in the world. By combining church planting with community development, Venture serves war refugees, trafficked individuals, oppressed children, and unreached communities. Thousands of churches have been planted by Venture, leading to the rescue of girls from trafficking, the establishment of farms, training in microenterprise, and feminine hygiene education. This holistic approach results in generational and eternal transformation for both communities and individuals. Additionally, Venture mobilizes thousands of people each year to engage in various activities like running, hiking, biking, praying, giving, and other challenging tasks to support those in need in these challenging environments.





    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: $-60,265
  • Program Service Revenue: $0
  • Gross Receipts: $6,153,707

    • Assets and Liabilities:
  • Total Assets: $4,281,229
  • Total Liabilities: $262,049
  • Net Assets: $4,019,180
  • Organization Details

    Founding Year

    1992

    Principal Officer

    Ryan Skoog

    Main Address

    511 EAST TRAVELERS TRAIL, BURNSVILLE, MN, 55337

    NTEE Category

    Code: X20 - Religion related

    If you are a representative of Venture 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.