nonprofit logo

Bronx Venture Corp

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

EIN: 132685844 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Bronx Venture Corp?

Bronx Venture Corp is a nonprofit organization, specifically dedicated to promoting economic growth in the South Bronx, New York. Their primary mission involves creating job opportunities within the region. The information provided does not detail their exact activities or services, but it is clear that they have successfully implemented an economic development program aimed at fostering employment in the area. Although limited details are available, it is evident that Bronx Venture Corp plays a significant role in uplifting the local community by contributing to job creation and overall economic development in the South Bronx.

Is Bronx Venture Corp legitimate?

Bronx Venture Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bronx Venture Corp 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: $0

For more financial information, click here

What is the mission statement of Bronx Venture Corp?

Bronx Venture Corp's mission, as expressed in their economic development program, is centered around creating job opportunities in the South Bronx, New York. The agency strives to contribute to the local economy by facilitating employment opportunities for the community. Their mission can be interpreted as an endeavor to boost the region's economic growth and improve the livelihoods of its residents through job creation. However, it's important to note that the provided information does not explicitly state a formal mission statement in the traditional sense, but rather presents an achievement in their economic development program.

Who is the CEO of Bronx Venture Corp?

Ramon Velez Jr is the Chairperson of Bronx Venture Corp.

What is the revenue of Bronx Venture Corp?

Bronx Venture Corp's revenue in 2022 was $123,716.

Who are the executives of Bronx Venture Corp and what are their salaries?


Here are 3 key members and their salaries:


Ramon Velez Jr (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madelyn Lugo (Vp/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aracelis Santiago (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bronx Venture Corp?

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

Mission Statement of Bronx Venture Corp

Bronx Venture Corp, as a nonprofit organization, is dedicated to promoting economic development in the South Bronx, New York. Their primary mission is to create job opportunities within the region. By implementing an economic development program, Bronx Venture Corp aims to contribute positively to the local community, fostering growth and prosperity.

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

Bronx Venture Corp makes a significant impact by fostering economic development in the South Bronx, NY, through job creation and community enhancement. By implementing programs aimed specifically at bolstering employment opportunities, they directly contribute to improving the local economy and addressing the challenges faced by residents in the area. Their efforts promote community improvement, creating a more resilient and sustainable environment for individuals and families in the South Bronx. By focusing on job creation, Bronx Venture Corp plays a crucial role in empowering community members, ultimately leading to a stronger and more vibrant neighborhood.




This information is meant to be a general summary of Bronx Venture Corp. 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
$123,716 (2022)
Expenses
$156,345 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $123,716
  • Gross Receipts: $123,716

Assets and Liabilities:

  • Total Assets: $85,317
  • Total Liabilities: $51,106
  • Net Assets: $34,211

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

$123,716

Organization Details

Founding Year

1971

Principal Officer

Ramon Velez Jr

Main Address

2804 THIRD AVENUE, BRONX, NY, 10455

NTEE Category

Code: S31Z - Community improvement

If you are a representative of Bronx Venture Corp 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.