Overview
What is Venture Development 2002 Inc?
Venture Development 2002 Inc, located in Nanuet, New York, is a dedicated nonprofit organization with a special focus on senior housing and accommodations. Their primary mission is to cater to the needs of disabled individuals by offering them a suitable living space. The organization's work is centered around providing housing solutions for this particular group, contributing positively to their quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Venture Development 2002 Inc has earned a strong reputation for its financial accountability, reflected in its impressive 94% score from Charity Navigator. This rating is based entirely on its accountability and finance metrics, indicating a robust commitment to transparency and responsible management of resources. The organization boasts a fully independent board, which contributes to its strong governance structure.
The nonprofit scored exceptionally well in various categories, including having no material diversion of assets and a high program expense ratio of 85.47%. This suggests that the majority of its funding is directed towards its mission-related activities rather than administrative costs. Additionally, the presence of policies pertaining to conflict of interest, whistleblower protections, and document retention further enhances its operational integrity.
While the ratings are highly favorable, it's essential to continue monitoring the organization's ongoing performance and any changes in governance or financial management that may arise. Overall, Venture Development 2002 Inc appears to be a well-managed organization dedicated to its mission with a strong foundation of accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Venture Development 2002 Inc legitimate?
Venture Development 2002 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Venture Development 2002 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,446
For more financial information, click here
What is the mission statement of Venture Development 2002 Inc?
Venture Development 2002 Inc, as a mission-driven organization, is dedicated to providing housing solutions for individuals with disabilities. The primary goal of this entity is to ensure that disabled individuals have access to suitable living accommodations. By offering housing, Venture Development 2002 Inc aims to contribute positively to the lives of these individuals, enhancing their overall living conditions and promoting their independence. The organization's services are designed to cater specifically to the needs of individuals with disabilities, providing them with a safe and supportive environment.
Who is the CEO of Venture Development 2002 Inc?
Dario Mazurek is the Chief Executive Officer of Venture Development 2002 Inc. The CEO's salary of Venture Development 2002 Inc is $0 and their total compensation is $290,391.
What is the revenue of Venture Development 2002 Inc?
Venture Development 2002 Inc's revenue in 2022 was $154,673.
Who are the executives of Venture Development 2002 Inc and what are their salaries?
There 3 volunteers at Venture Development 2002 Inc.
Here are 5 key members and their salaries (Venture Development 2002 Inc's CEO's salary is $0 and their total compensation is $290,391):
- Compensation: $0
- Related: $253,648
- Other: $36,743
- Compensation: $0
- Related: $184,555
- Other: $915
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Venture Development 2002 Inc?
Venture Development 2002 Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Venture Development 2002 Inc
Venture Development 2002, a nonprofit organization, is dedicated to fulfilling a significant mission. Their primary focus lies in providing housing for individuals with disabilities. By offering suitable living spaces, Venture Development 2002 aims to contribute positively to the lives of these individuals, ensuring they have a comfortable and supportive environment. This mission is crucial in promoting independence and well-being for those with disabilities. By offering housing, the organization enables these individuals to live with dignity and independence, thereby enhancing their overall quality of life.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Venture Development 2002 Inc has a significant impact by providing essential housing for disabled individuals in Nanuet, NY. The organization addresses a critical need within the community, offering a safe and supportive environment for those who may otherwise face challenges in securing appropriate living arrangements. By focusing on the unique needs of disabled individuals, Venture Development 2002 enhances their quality of life, promotes independence, and fosters inclusion within the broader community. The organization plays a vital role in ensuring that all individuals, regardless of their abilities, have access to suitable housing resources that cater to their specific requirements.
This information is meant to be a general summary of Venture Development 2002 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Investment Income: $17
- Program Service Revenue: $154,656
- Gross Receipts: $154,673
Assets and Liabilities:
- Total Assets: $1,338,472
- Total Liabilities: $95,965
- Net Assets: $1,242,507
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$74,936
TENANT ASSISTANCE
Revenue
$79,720
Organization Details
Founding Year
2004
Phone
(845) 624-3860Principal Officer
Dario Mazurek
Main Address
25 SMITH STREET Suite 510, NANUET, NY, 10954
NTEE Category
Code: L22 - Housing
If you are a representative of Venture Development 2002 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.