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Pacific Community Ventures Inc

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

EIN: 770485877 ✦ Oakland, CA ✦ Designated as a 501(c)(3)

Overview

What is Pacific Community Ventures Inc?

Pacific Community Ventures Inc, a 501C3 nonprofit based in Oakland, California, is dedicated to supporting small business owners and their communities in their pursuit of economic, racial, and gender justice. Through a unique integrated model, they combine impact-first restorative capital and pro bono business advising with their Good Jobs Innovation Lab. This lab employs behavioral economics, applied research, and data analytics to promote evidence-based interventions, ultimately leading to a more inclusive economy. By fostering good jobs with dignity, Pacific Community Ventures strives to propel thriving communities and empower small businesses, acting as a 501C3 nonprofit impact investor and Community Development Financial Institution (CDFI).


Official website here: www.pacificcommunityventures.org

Is Pacific Community Ventures Inc legitimate?

Pacific Community Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pacific Community Ventures Inc 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: $589,158
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,577,516

For more financial information, click here


Official website here: www.pacificcommunityventures.org

What is the mission statement of Pacific Community Ventures Inc?

Pacific Community Ventures Inc's mission is centered around supporting small business owners and their communities in their pursuit of economic, racial, and gender justice. The organization operates as a 501C3 nonprofit impact investor and CDFI, providing restorative capital and pro bono business advising to growing small business leaders and solopreneurs. Additionally, their Good Jobs Innovation Lab works towards fostering thriving communities with equitable job opportunities. The aim is to empower these businesses and communities, promoting a more just and inclusive economic landscape.


Official website here: www.pacificcommunityventures.org

Who is the CEO of Pacific Community Ventures Inc?

Bulbul Gupta is the Board Member of Pacific Community Ventures Inc. The CEO's salary of Pacific Community Ventures Inc is $329,404 and their total compensation is $353,492.


Official website here: www.pacificcommunityventures.org

What is the revenue of Pacific Community Ventures Inc?

Pacific Community Ventures Inc's revenue in 2022 was $7,307,523.


Official website here: www.pacificcommunityventures.org

Who are the executives of Pacific Community Ventures Inc and what are their salaries?

The average compensation at Pacific Community Ventures Inc during 2022 was $58,559. There are 37 employees at Pacific Community Ventures Inc.

Here are 17 key members and their salaries (Pacific Community Ventures Inc's CEO's salary is $329,404 and their total compensation is $353,492):

    Bulbul Gupta (President & Ceo)
  • Compensation: $329,404
  • Related: $0
  • Other: $24,088

    • Robert Porter (Managing Director, Ba & Le)
  • Compensation: $228,268
  • Related: $0
  • Other: $30,766

    • Robyn Miller (Director, Finance & Operat)
  • Compensation: $164,988
  • Related: $0
  • Other: $23,693

    • Robyn Rogin (Director, Lending)
  • Compensation: $116,672
  • Related: $0
  • Other: $24,539

    • Deedre' Scott (Director, Human Resources)
  • Compensation: $113,983
  • Related: $0
  • Other: $15,957

    • Kenneth Kitahata (Manager, Data Analytics)
  • Compensation: $104,000
  • Related: $0
  • Other: $8,982

    • Ketav Patel (Cfo)
  • Compensation: $31,486
  • Related: $0
  • Other: $2,208

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

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

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

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

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

    • Cindy Kaczmarek (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

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


  • Official website here: www.pacificcommunityventures.org

    Where can I find the form 990 for Pacific Community Ventures Inc?

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


    Official website here: www.pacificcommunityventures.org

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

    Mission Statement of Pacific Community Ventures Inc

    Pacific Community Ventures Inc is dedicated to supporting small business owners and their communities in their pursuit of economic, racial, and gender justice. This nonprofit organization operates as an impact investor and a Community Development Financial Institution (CDFI), working closely with emerging business leaders and solopreneurs. Pacific Community Ventures employs a comprehensive approach, combining restorative impact-first capital with pro bono business advisory services. Their Good Jobs Innovation Lab further propels thriving communities by fostering the creation of equitable job opportunities. By collaborating with these small business leaders, Pacific Community Ventures aims to drive positive change and foster more just and inclusive communities.

    Impact

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




    Saturday, July 20, 2024

    Pacific Community Ventures Inc's impact is centered around supporting small business owners and their communities in the fight for economic, racial, and gender justice. Through their innovation lab, they design products, services, and communications to help small business clients maximize their local economic impact by providing good jobs with dignity. Using behavioral economics, applied research, and data analytics, Pacific Community Ventures promotes evidence-based, high-impact interventions that contribute to a more inclusive economy. Located in Oakland, CA, their mission is to work alongside growing small business leaders and solopreneurs through an integrated model that combines impact-first restorative capital and pro bono business advising with the Good Jobs Innovation Lab. As an impact investor and community development financial institution (CDFI), Pacific Community Ventures is dedicated to propelling thriving communities with equitable jobs, ultimately contributing to community improvement.





    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: $81,148
  • Program Service Revenue: $1,216,223
  • Gross Receipts: $9,463,160

    • Assets and Liabilities:
  • Total Assets: $27,379,971
  • Total Liabilities: $15,939,379
  • Net Assets: $11,440,592
  • Programs

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

    LENDING

    Revenue

    $851,465

    INNOVATION LAB

    Revenue

    $183,558

    BUSINESS ADVISING

    Revenue

    $181,200

    Organization Details

    Founding Year

    1998

    Principal Officer

    Bulbul Gupta

    Main Address

    1714 FRANKLIN STREET SUITE 100-347, OAKLAND, CA, 94612

    NTEE Category

    Code: S43 - Community improvement

    If you are a representative of Pacific Community Ventures Inc 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.