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Juma Ventures Inc

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

EIN: 943203203 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

Overview

What is Juma Ventures Inc?

Juma Ventures Inc is a nonprofit organization based in San Francisco, California, with a mission to break the cycle of poverty. They achieve this by operating youth development programs, specifically concession businesses at major sports and entertainment venues. This employment opportunity provides low-income youth with meaningful work experiences, typically lasting for about six months, during which they complete approximately 150 hours of work and earn an average income of $2,000. Juma's programs focus on enhancing soft and hard skills, building core competencies in areas like customer service, sales, and business operations. The organization employs a total of 629 individuals. This workforce development approach equips young people from disadvantaged backgrounds with the necessary tools to make successful transitions to independence in adulthood.


Official website here: www.juma.org

Is Juma Ventures Inc legitimate?

Juma Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Juma 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: $360,155
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,035,009

For more financial information, click here


Official website here: www.juma.org

What is the mission statement of Juma Ventures Inc?

Juma Ventures Inc is a nonprofit organization dedicated to breaking the cycle of poverty among low-income youth. They achieve this by operating youth development programs. Juma empowers these youth to make successful transitions into independence as adults through the operation of social enterprise concession businesses at major sports and entertainment venues. These businesses provide meaningful employment and workforce development training opportunities. Juma's innovative programs integrate employment in social enterprises with college preparation, career services, financial capability training, asset-building services, and leadership development. This holistic approach ensures that young people have the necessary tools to break free from the cycle of poverty.


Official website here: www.juma.org

Who is the CEO of Juma Ventures Inc?

Adriane Armstrong is the Chair of Juma Ventures Inc. The CEO's salary of Juma Ventures Inc is $181,926 and their total compensation is $197,577.


Official website here: www.juma.org

What is the revenue of Juma Ventures Inc?

Juma Ventures Inc's revenue in 2022 was $6,189,605.


Official website here: www.juma.org

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

The average compensation at Juma Ventures Inc during 2022 was $6,988. There are 629 employees and 20 volunteers at Juma Ventures Inc.

Here are 25 key members and their salaries (Juma Ventures Inc's CEO's salary is $181,926 and their total compensation is $197,577):

    Adriane Armstrong (Ceo)
  • Compensation: $181,926
  • Related: $0
  • Other: $15,651

    • Mark Breimhorst (Coo/Cfo)
  • Compensation: $144,453
  • Related: $0
  • Other: $18,125

    • Andrea Coen (Chief Development Officer)
  • Compensation: $149,778
  • Related: $0
  • Other: $821

    • Tara Derosa (Chief Program & Grants Officer)
  • Compensation: $119,463
  • Related: $0
  • Other: $12,877

    • Mason Moorehead (Chief Impact Officer)
  • Compensation: $128,636
  • Related: $0
  • Other: $144

    • Michael Winnick (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Pearl (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Wolfe (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane Thornton (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Willie Alford Ii (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

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

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

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

    • Cheryl K House (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

    • Ahsha Merson Haggart (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gail Moody-Byrd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

    • Lorenzo F Robleto (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.juma.org

    Where can I find the form 990 for Juma Ventures Inc?

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


    Official website here: www.juma.org

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

    Mission Statement of Juma Ventures Inc

    Juma Ventures Inc, a nonprofit organization, is dedicated to breaking the cycle of poverty. They accomplish this by operating youth development programs. The core of Juma's mission lies in empowering low-income youth, helping them make successful transitions into independent adulthood. Juma operates social enterprise concession businesses at major sports and entertainment venues. This strategy provides meaningful employment and workforce development training opportunities for young individuals from disadvantaged backgrounds.

    Juma's innovative approach integrates employment in social enterprises with college preparation, career services, financial capability training, asset-building services, and leadership development. By offering a comprehensive set of tools, Juma ensures that young people have the necessary skills to break free from the cycle of poverty. This holistic approach aims to equip them with the confidence and resources needed to secure a brighter future.

    Impact

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




    Sunday, July 21, 2024

    Juma Ventures Inc breaks the cycle of poverty by providing meaningful employment experiences to youth from underserved communities. Through operating concession businesses in professional sports and entertainment venues, Juma empowers low-income youth to master soft and hard skills, build core competencies in customer service, sales, and business operations, and earn an average of $2,000 over the course of a sports season. By integrating employment opportunities with college preparation, career services, financial capability training, asset-building services, and leadership development, Juma ensures that young people have the tools to successfully transition to independence in adulthood and break the cycle of poverty.





    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: $10,367
  • Program Service Revenue: $1,545,992
  • Gross Receipts: $6,650,843

    • Assets and Liabilities:
  • Total Assets: $3,506,486
  • Total Liabilities: $1,311,382
  • Net Assets: $2,195,104
  • Programs

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

    STAFFING SERVICES

    Revenue

    $1,545,992

    Organization Details

    Founding Year

    1993

    Principal Officer

    Adriane Armstrong

    Main Address

    131 STEUART STREET 201, SAN FRANCISCO, CA, 94105

    NTEE Category

    Code: J20Z - Employment

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