Overview
What is Lto Ventures?
Lto Ventures is a nonprofit organization situated in Boerne, Texas, primarily focused on providing affordable housing, employment opportunities, and social engagement opportunities for adults with intellectual or developmental disabilities (IDD). In 2022, they progressed with their LLC project for housing purposes, initiated a capital campaign, and secured an architect for their community design. Furthermore, they extended their services to other nonprofits, working on six projects in five different states. One of these projects in Wisconsin broke ground on its site work and Enrichment Center. Lto Ventures also played a significant role in mobilizing a coalition of families and providers, successfully altering Texas regulations on Home and Community-Based Services waivers, aiming to foster the creation of more intentional communities for adults with IDD in the state. Lto Ventures employs a small team of two individuals, yet their impact on the lives of adults with IDD is substantial. Their commitment to creating inclusive and supportive communities reflects their mission to empower individuals with IDD to live fulfilling lives with dignity and independence.
Official website here: www.ltoventures.org/
Is Lto Ventures legitimate?
Lto Ventures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lto Ventures 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: $108,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,500
For more financial information, click here
Official website here: www.ltoventures.org/
What is the mission statement of Lto Ventures?
Lto Ventures is committed to providing affordable housing, integrated employment opportunities, and social engagement options for adults with intellectual or developmental disabilities. They accomplish this mission by developing and implementing various projects, such as the LLC project for housing, and offering consulting and project management services to other nonprofits in multiple states. In 2022, they advanced their LLC project, launched a fundraising campaign, and selected an architect for their community design. Additionally, they assisted in the development of regulations in Texas, which will potentially lead to the creation of more communities for adults with intellectual or developmental disabilities in the state.
Official website here: www.ltoventures.org/
Who is the CEO of Lto Ventures?
Mark L Olson is the Ceo of Lto Ventures. The CEO's salary of Lto Ventures is $108,000 and their total compensation is $108,000.
Official website here: www.ltoventures.org/
What is the revenue of Lto Ventures?
Lto Ventures's revenue in 2022 was $246,129.
Official website here: www.ltoventures.org/
Who are the executives of Lto Ventures and what are their salaries?
The average compensation at Lto Ventures during 2022 was $65,250. There are 2 employees and 3 volunteers at Lto Ventures.
Here are 5 key members and their salaries (Lto Ventures's CEO's salary is $108,000 and their total compensation is $108,000):
- Compensation: $108,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ltoventures.org/
Where can I find the form 990 for Lto Ventures?
Lto Ventures's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ltoventures.org/
Learn more at the official website: www.ltoventures.org/
Mission Statement of Lto Ventures
Lto Ventures, a nonprofit organization, is committed to creating affordable housing, employment opportunities, and social engagement spaces for adults with intellectual or developmental disabilities. Their mission is to provide a comprehensive living experience, integrating various aspects of daily life to empower individuals with these disabilities, enabling them to lead fulfilling and independent lives.
In pursuit of this mission, Lto Ventures has been actively engaged in several projects. For instance, they have advanced the development of an LLC project intended for housing purposes. Additionally, they have launched a capital campaign, titled "friends and family," aimed at raising funds for their initiatives. The organization has also demonstrated its versatility by offering consulting and project management services to other nonprofits, working on six projects in five different states. One of these projects, located in Wisconsin, has already broken ground on its site work and Enrichment Center.
Lto Ventures' mission extends beyond housing and employment. They are also dedicated to fostering social engagement. This is evident in their efforts to help organize a statewide coalition of families and providers in Texas, resulting in the successful amendment of regulations on Home and Community-Based Services waivers. This change is expected to facilitate the development of intentional communities for adults with intellectual or developmental disabilities in Texas, thereby contributing to a more inclusive and supportive living environment for these individuals.
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Impact
October, 2024
Lto Ventures significantly impacts the lives of adults with intellectual or developmental disabilities (IDD) by advancing essential initiatives that promote affordable housing, integrated employment, and social engagement. In 2022, Lto Ventures made substantial progress on its Limited Liability Company (LLC) project aimed at creating housing solutions tailored to this community. The organization launched a capital campaign to support these efforts and engaged an architect to begin designing a community that fosters inclusivity and opportunities.
Furthermore, Lto Ventures has expanded its reach by providing consulting and project management services to other nonprofits, impacting six projects across five states, including Arizona, Connecticut, Indiana, Ohio, and Wisconsin. Notably, in Wisconsin, the project broke ground, symbolizing an important milestone in the development of resources for individuals with IDD.
Additionally, Lto Ventures played a crucial role in advocating for policy changes in Texas by organizing a statewide coalition of families and providers. Their efforts successfully altered state regulations concerning Home and Community-Based Services waivers, removing restrictions that hindered the development of intentional communities. This advocacy not only benefits current residents but also paves the way for the establishment of future communities dedicated to supporting adults with IDD in Texas.
Through these multifaceted initiatives, Lto Ventures continues to enhance the quality of life for individuals with IDD, fostering environments where they can thrive socially and economically.
This information is meant to be a general summary of Lto Ventures. 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.
- Program Service Revenue: $232,571
- Gross Receipts: $246,129
Assets and Liabilities:
- Total Assets: $24,059
- Total Liabilities: $86
- Net Assets: $23,973
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Technical Guidance
Revenue
$232,571
Organization Details
Founding Year
2019
Phone
(702) 353-6540Principal Officer
Mark L Olson
Main Address
136 Old San Antonio Road Suite 305, Boerne, TX, 78006
Website
www.ltoventures.org/NTEE Category
Code: P73 - Human services
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