Overview
What is Self-Help Ventures Fund?
Self-Help Ventures Fund is a nonprofit organization based in Durham, North Carolina, with a mission to revitalize and stabilize distressed communities by constructing new buildings and renovating historic ones. They provide quality, affordable retail, community facilities, and commercial rental spaces, ultimately contributing to the economic development of these areas. The organization aims to create and protect ownership and economic opportunities for all, with a particular focus on underrepresented groups like people of color, women, rural residents, and low-wealth families and communities. Approximately 4,662 beneficiaries have been impacted by their initiatives.
Official website here: www.self-help.org
Is Self-Help Ventures Fund legitimate?
Self-Help Ventures Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Self-Help Ventures 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: $0
For more financial information, click here
Official website here: www.self-help.org
What is the mission statement of Self-Help Ventures Fund?
The Self-Help Ventures Fund is dedicated to fostering economic opportunities and ownership for all, with a particular focus on underrepresented groups such as people of color, women, rural residents, and low-income families and communities. Through its mission, the fund aims to revitalize distressed communities by renovating historic buildings and constructing new ones, providing affordable retail spaces and community facilities. The fund's efforts contribute to stabilizing these areas by offering quality rental properties and commercial spaces, ultimately improving the overall economic landscape. Approximately 4,662 individuals are estimated to benefit from the fund's activities.
Official website here: www.self-help.org
Who is the CEO of Self-Help Ventures Fund?
Laura Benedict is the Treasurersecretary of Self-Help Ventures Fund. The CEO's salary of Self-Help Ventures Fund is $0 and their total compensation is $124,910.
Official website here: www.self-help.org
What is the revenue of Self-Help Ventures Fund?
Who are the executives of Self-Help Ventures Fund and what are their salaries?
- Randy Chambers (Treasurersecretary)
- Martin Eakes (Ceodirector)
- Laura Benedict (President)
- Mark Korell (Director)
- Tara Kenchen (Director)
- Ronn Stewart (Director)
- Jean Pudlo (Director)
- Lynne Walker (Director)
- James H Sills Iii (Director)
- Catherine Clark (Director)
- Robert Schall (Director)
- Matthew Hobbs (Directorchair)
- Marla Bilonick (Director)
- Elbert Avery (Director)
Official website here: www.self-help.org
Where can I find the form 990 for Self-Help Ventures Fund?
The Self-Help Ventures Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.self-help.org
Learn more at the official website: www.self-help.org
Mission Statement of Self-Help Ventures Fund
Self-Help Ventures Fund is a mission-driven organization that strives to create and safeguard economic opportunities for all, with a particular focus on underrepresented groups, including people of color, women, rural residents, and low-income families and communities. Through its initiatives, Self-Help Ventures Fund works to revitalize and stabilize distressed areas by supplying high-quality, affordable retail, community facilities, and commercial rental spaces. By doing so, the organization contributes to the economic development of these communities. In addition to renovating historic buildings and constructing new structures, Self-Help Ventures Fund provides rental properties in blighted areas, thereby contributing to the overall improvement of these communities. The organization's efforts reach approximately 4,662 beneficiaries, making a significant impact on the lives of those it serves.
Impact
This information is meant to be a general summary of Self-Help Ventures Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Self-Help Ventures Fund's impact can be seen in the transformation and revitalization of distressed communities through economic development initiatives. By renovating historic buildings and constructing new ones in areas in need, they have provided quality, affordable retail, community facilities, and commercial rental space. This has not only helped to stabilize these communities but has also created ownership and economic opportunities for individuals, especially for people of color, women, rural residents, and low-wealth families. With approximately 4,662 beneficiaries benefiting from their efforts, Self-Help Ventures Fund is actively working towards creating a more inclusive and prosperous society.
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.
Interest on PRIs
Revenue
$20,482,952
Interest on MBS
Revenue
$6,210,371
Loan origination & fees
Revenue
$11,242,667
Rental income
Revenue
$18,102,782
Organization Details
Founding Year
1984
Principal Officer
Laura Benedict
Main Address
301 West Main Street, Durham, NC, 27701
Website
www.self-help.org
NTEE Category
Code: S31 - Community improvement
If you are a representative of Self-Help Ventures 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.