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Ventana Fund

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

EIN: 465367784 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

Overview

What is Ventana Fund?

Ventana Fund is a nonprofit organization based in Albuquerque, New Mexico, with a specific focus on supporting low-income individuals in the state. They specialize in providing financing and development services for affordable housing, particularly in economically distressed communities and housing market niches that are often overlooked by traditional financial institutions. Their mission involves offering early-stage financing for affordable housing projects in New Mexico's underserved communities, aiming to contribute positively to the housing market and the lives of those in need.


Official website here: www.ventanafund.org

Is Ventana Fund legitimate?

Ventana Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ventana Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,961

For more financial information, click here


Official website here: www.ventanafund.org

What is the mission statement of Ventana Fund?

The Ventana Fund is dedicated to providing early-stage financing for affordable housing in underserved communities across New Mexico. Their mission is to support low-income individuals by offering financing and development services. They have a particular focus on economically distressed communities and housing market niches that are often overlooked by traditional financial institutions. The Ventana Fund aims to contribute to the improvement of housing situations in these communities, thereby promoting equitable living conditions for its residents.


Official website here: www.ventanafund.org

Who is the CEO of Ventana Fund?

D Todd Clarke is the Chair of Ventana Fund.


Official website here: www.ventanafund.org

What is the revenue of Ventana Fund?

Ventana Fund's revenue in 2022 was $2,361,969.


Official website here: www.ventanafund.org

Who are the executives of Ventana Fund and what are their salaries?

Here are 10 key members and their salaries:

    D Todd Clarke (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Cassidy (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Bernal (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Anaya (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Catherine Hummel (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robbie R Levey (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shawn Colbert (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Gineris (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Maestas (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Holly Barela (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ventanafund.org

    Where can I find the form 990 for Ventana Fund?

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


    Official website here: www.ventanafund.org

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

    Mission Statement of Ventana Fund

    Ventana Fund, a not-for-profit organization, is dedicated to providing early-stage financing for affordable housing in underserved communities across New Mexico. Their mission is to extend financial and developmental services to low-income individuals, focusing on housing situated in economically distressed areas and housing market niches that are often overlooked by traditional financial institutions. Essentially, Ventana Fund aims to bridge the gap in housing financing for those in need, thereby contributing to the improvement of living conditions in New Mexico's underserved communities.

    Impact

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




    Saturday, July 20, 2024

    Ventana Fund's impact is significant in providing early stage financing for affordable housing in New Mexico's underserved communities. By offering financing and development services for low-income individuals in the state, Ventana Fund focuses on housing located in economically distressed communities and housing market niches that are often overlooked by traditional financial institutions. Their work contributes to the improvement of communities and helps address the housing needs of those who are most vulnerable in New Mexico.





    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: $11,609
  • Program Service Revenue: $684,095
  • Gross Receipts: $2,361,969

    • Assets and Liabilities:
  • Total Assets: $19,712,945
  • Total Liabilities: $12,455,016
  • Net Assets: $7,257,929
  • Programs

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

    MORTGAGE INTEREST

    Revenue

    $425,720

    RENT INCOME-VALENCIA PARK

    Revenue

    $151,261

    LOAN FEES

    Revenue

    $99,542

    OTHER OPERATING INCOME

    Revenue

    $7,572

    Organization Details

    Founding Year

    2014

    Principal Officer

    D Todd Clarke

    Main Address

    PO BOX 25483, ALBUQUERQUE, NM, 87125

    NTEE Category

    Code: S43 - Community improvement

    If you are a representative of Ventana Fund 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.