Venture Foundation Ltd

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

EIN: 133212023 ✦ Nanuet, NY ✦ Designated as a 501(c)(3)

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Overview

What is Venture Foundation Ltd?

Venture Foundation Ltd, located in Nanuet, New York, is a dedicated nonprofit organization that focuses on supporting individuals with developmental disabilities and their families in the Rockland County community. Their mission involves soliciting funds from various sources, including private citizens, charitable trusts, corporate or private foundations, and through fundraising events. These funds are then utilized to enhance or fund programs, develop new facilities, and act as conservators or guardians for individuals with developmental disabilities. With a team of five employees, Venture Foundation Ltd aims to assist both non-profit and individual efforts committed to the same objective, ensuring a better quality of life for those affected.


Official website here: www.venturefoundation.org

Is Venture Foundation Ltd legitimate?

Venture Foundation Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Venture Foundation Ltd 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: $119,976
Professional Fundraising Fees: $0
Other Salaries and Wages: $212,771

For more financial information, click here


Official website here: www.venturefoundation.org

What is the mission statement of Venture Foundation Ltd?

Venture Foundation Ltd is a not-for-profit organization with a mission to support individuals with developmental disabilities. Their primary objective is to solicit and disburse funds to augment services for these individuals in the Rockland County community. They also assist both non-profit and individual initiatives focused on the same cause. Venture Foundation aims to provide support to various kinds of individuals with developmental disabilities and their families, either individually or in groups. They achieve this by raising funds from various sources, including private citizens, charitable trusts, corporations, foundations, and through fundraising events and programs. The collected funds are managed and directed towards enhancing or funding existing programs and facilitating the development of new facilities for the benefit of individuals with developmental disabilities.


Official website here: www.venturefoundation.org

Who is the CEO of Venture Foundation Ltd?

Joseph Condon is the President of Venture Foundation Ltd.


Official website here: www.venturefoundation.org

What is the revenue of Venture Foundation Ltd?

Venture Foundation Ltd's revenue in 2022 was $315,930.


Official website here: www.venturefoundation.org

Who are the executives of Venture Foundation Ltd and what are their salaries?

The average compensation at Venture Foundation Ltd during 2022 was $66,549. There are 5 employees and 14 volunteers at Venture Foundation Ltd.


Here are 7 key members and their salaries:


William W Schule (Executive Dir.)
  • Compensation: $119,975
  • Related: $0
  • Other: $0
Joseph Condon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Lynch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denis Harte (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Axelrod (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Johnston (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Piperato (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.venturefoundation.org

Where can I find the form 990 for Venture Foundation Ltd?

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


Official website here: www.venturefoundation.org

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

Mission Statement of Venture Foundation Ltd

Venture Foundation, as a not-for-profit organization, is committed to supporting individuals with developmental disabilities. Its primary purpose is twofold: firstly, to collect funds, and secondly, to disburse these funds to aid these individuals. The organization also assumes the roles of conservator and guardian for individuals with developmental disabilities, demonstrating its deep-rooted dedication to their wellbeing.

Venture Foundation's mission is to supplement the existing services provided to children and adults with developmental disabilities within their community. They aim to assist both non-profit organizations and individuals who share the same objective. The organization's approach is inclusive, targeting a wide range of individuals and their families, whether they are part of a group or not. Venture Foundation sources funds from various sources, including private citizens, charitable trusts, foundations, and through organized events and programs. These collected funds are then managed and allocated for the benefit of individuals with developmental disabilities, providing resources for enhanced or underfunded programs and aiding in the development of new facilities.

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Impact




October, 2024

Venture Foundation Ltd significantly impacts the lives of individuals with developmental disabilities in the Rockland County community. By soliciting and disbursing funds, the organization enhances the delivery of services to children and adults who require additional support. It focuses on both individuals and families, ensuring that they have access to necessary resources and programs that may not be covered elsewhere.

The foundation plays a crucial role in fostering inclusivity by acting as a conservator or guardian when needed, thereby ensuring that the rights and well-being of individuals are prioritized. Through its fundraising efforts, it secures financial support from private citizens, charitable trusts, and corporations, allowing for the creation of new facilities and the expansion of programs.

Ultimately, Venture Foundation Ltd is dedicated to enriching the lives of those with developmental disabilities, providing critical funding for enhanced services, and supporting community efforts aimed at improving the quality of life for this often underserved population.




This information is meant to be a general summary of Venture Foundation Ltd. 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
$315,930 (2022)
Expenses
$2,242,956 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $28,162
  • Gross Receipts: $352,843

Assets and Liabilities:

  • Total Assets: $634,471
  • Total Liabilities: $132,708
  • Net Assets: $501,763

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Organization Details

Founding Year

1983

Principal Officer

Joseph Condon

Main Address

228 EAST ROUTE 59 118, NANUET, NY, 10954

NTEE Category

Code: Z99 - Unknown

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