Venture House Inc

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

EIN: 112890587 ✦ Jamaica, NY ✦ Designated as a 501(c)(3)

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Overview

What is Venture House Inc?

Venture House Inc, located in Jamaica, New York, is a nonprofit organization dedicated to supporting individuals living with mental illness. Their primary mission is to locate and subsidize housing for these individuals, aiming to enhance their wellness and recovery. The organization operates as a community of mutual support, offering its members opportunities to develop skills, regain confidence, and earn respect as coworkers, neighbors, friends, and citizens. Venture House Inc employs a team of 35 individuals, demonstrating its commitment to making a positive impact in the lives of those with mental illness.


Official website here: www.venturehouse.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 95%, Four-Star out of Four Star rating

Venture House Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong financial health and operational transparency. The organization boasts a high Accountability & Finance Score of 96, indicating effective fiscal management and a commitment to ethical practices. With 100% of its board members being independent, it demonstrates a robust governance structure that prioritizes accountability.

The nonprofit's Program Expense Ratio stands at 87.24%, suggesting that a significant portion of its expenses directly supports its programs, which is a positive indicator of its operational efficiency. Additionally, the organization has successfully maintained a low liabilities to assets ratio of 39.14%, showcasing its financial stability and responsible management of resources.

While the overall scores are commendable, the Culture & Community Score of 87 reflects room for improvement in fostering a more inclusive organizational culture. However, the presence of comprehensive policies, including conflict of interest and whistleblower protections, further reinforces Venture House Inc's commitment to transparency and ethical governance.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Venture House Inc?

100% of 8 reviewers on Facebook recommend Venture House Inc. Here is a summary of their reviews:

The consensus among reviewers highlights the welcoming environment and excellent staff at Venture House. Many appreciate the cleanliness and available activities, indicating that the organization puts considerable effort into maintaining a positive atmosphere for its participants.

Additionally, users have praised the quality of food provided, reinforcing the organization's commitment to a holistic experience. Overall, it seems that Venture House Inc. successfully meets the needs and expectations of those who utilize its services.


This AI summary has been generated from reviews found on Facebook.

Is Venture House Inc legitimate?

Venture House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Venture House 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: $398,789
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,349,574

For more financial information, click here


Official website here: www.venturehouse.org

What is the mission statement of Venture House Inc?

Venture House Inc is committed to promoting the wellness and recovery of individuals living with mental illness. They operate as a community of mutual support, providing their members with opportunities to enhance their skills, build confidence, and earn respect as co-workers, neighbors, friends, and citizens. Venture House Inc's mission is to facilitate this transformation by offering subsidized housing and other resources. Their primary goal is to help these individuals integrate back into society and live fulfilling lives.


Official website here: www.venturehouse.org

Who is the CEO of Venture House Inc?

Juliet Douglas is the President of Venture House Inc.


Official website here: www.venturehouse.org

What is the revenue of Venture House Inc?

Venture House Inc's revenue in 2022 was $4,595,049.


Official website here: www.venturehouse.org

Who are the executives of Venture House Inc and what are their salaries?

The average compensation at Venture House Inc during 2022 was $49,953. There are 35 employees at Venture House Inc.


Here are 16 key members and their salaries:


Meggan Schilkie (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Wigdor (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Curwin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Tarasko (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mario Buonviaggio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Calixte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vince Conte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Kessler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Val Hernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dianna Mulford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Newstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Irolla Panepinto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Perisa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ranya Scarborough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juliet Douglas (Executive Di)
  • Compensation: $159,995
  • Related: $0
  • Other: $32,524
Norman Bailey (Cfo)
  • Compensation: $113,930
  • Related: $0
  • Other: $40,100


Official website here: www.venturehouse.org

Where can I find the form 990 for Venture House Inc?

Venture House Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.venturehouse.org

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

Mission Statement of Venture House Inc

Venture House Inc is committed to the wellness and recovery of individuals living with mental illness. This nonprofit organization operates as a community of mutual support, providing its members with opportunities to develop essential skills, gain confidence, and earn respect in various capacities, such as co-workers, neighbors, friends, and citizens. Venture House Inc's mission is to foster an environment that empowers its members, enabling them to lead fulfilling lives and reintegrate into society. To achieve this goal, the organization provides supported housing solutions, locating and subsidizing housing for individuals living with mental illness. This housing initiative aims to offer a stable living environment that supports the recovery and overall well-being of its members.

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Impact




July, 2024

Venture House Inc has a profound impact on the lives of individuals living with mental illness by providing them with the support, resources, and opportunities necessary for their wellness and recovery. Through its community of mutual support, Venture House empowers its members to gain skills, confidence, and respect as co-workers, neighbors, friends, and citizens. Additionally, the organization's provision of supported housing plays a vital role in ensuring stable and safe living environments for individuals with mental illness. Overall, Venture House Inc's impact is transformative, fostering independence, dignity, and inclusion for those it serves.




This information is meant to be a general summary of Venture House 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.

Revenue
$4,595,049 (2022)
Expenses
$4,363,844 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,709
  • Program Service Revenue: $225,717
  • Gross Receipts: $4,595,049

Assets and Liabilities:

  • Total Assets: $3,282,920
  • Total Liabilities: $854,825
  • Net Assets: $2,428,095

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Programs

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

MEMBER RENT

Revenue

$225,717

Organization Details

Founding Year

1988

Principal Officer

Juliet Douglas

Main Address

150-10 HILLSIDE AVENUE, JAMAICA, NY, 11432

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