Ventures Unlimited Inc

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

EIN: 391593285 ✦ Shell lake, WI ✦ Designated as a 501(c)(3)

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Overview

What is Ventures Unlimited Inc?

Ventures Unlimited Inc, located in Shell Lake, Wisconsin, is a dedicated nonprofit organization that provides meaningful work opportunities for individuals with disabilities. Their primary goal is to help these individuals achieve community employment, ensuring they can live independently and earn a paycheck. The organization employs 177 individuals, offering one-on-one training and designing functional exercises to improve daily living skills and work site successes. Ventures Unlimited Inc values inclusivity, equality, and respect, striving to create an environment that fosters creativity, teamwork, and advocacy for those who cannot communicate their needs independently. The organization provides a variety of activities and programs to support personal growth and empowerment.


Official website here: www.venturesunlimited.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Stars)

Ventures Unlimited Inc has achieved a Three-Star rating from Charity Navigator, reflecting a strong performance particularly in its accountability and financial practices. The organization demonstrates a commitment to transparency with 100% independent board members and robust financial oversight, scoring high in various categories such as financial statements and the lack of material diversion of assets.

However, there are some limitations noted in their policies. The organization is missing a whistleblower policy and a document retention and destruction policy, which could be areas for improvement to enhance its governance practices. Despite these gaps, the organization maintains a high program expense ratio of 86.07%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs.

Overall, Ventures Unlimited Inc shows a solid commitment to accountability and financial integrity, but addressing the noted policy gaps could further strengthen its governance framework and operational transparency.


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

Is Ventures Unlimited Inc legitimate?

Ventures Unlimited Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ventures Unlimited 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: $1,577,477

For more financial information, click here


Official website here: www.venturesunlimited.org

What is the mission statement of Ventures Unlimited Inc?

Ventures Unlimited Inc's mission is centered around providing innovative services for individuals with disabilities, enabling them to lead fulfilling lives. The organization upholds several value statements, including the belief in equal opportunities for growth and empowerment, the importance of inclusion and integration in the community, and the right of individuals to choose their life goals. It advocates for the dignity and respect of all people, ensuring their needs are heard. The team at Ventures Unlimited Inc values dedicated, qualified staff and board members who share their philosophy. They strive to create an atmosphere of creativity and teamwork, recognizing the uniqueness of each individual and their abilities. Meaningful work, including community employment, is a priority, with one-on-one trainers and group activities designed to improve daily living skills and work site success.


Official website here: www.venturesunlimited.org

Who is the CEO of Ventures Unlimited Inc?

Dan Ringwelski is the Chairman of Ventures Unlimited Inc.


Official website here: www.venturesunlimited.org

What is the revenue of Ventures Unlimited Inc?

Ventures Unlimited Inc's revenue in 2022 was $2,806,929.


Official website here: www.venturesunlimited.org

Who are the executives of Ventures Unlimited Inc and what are their salaries?

The average compensation at Ventures Unlimited Inc during 2022 was $8,912. There are 177 employees at Ventures Unlimited Inc.


Here are 6 key members and their salaries:


Dan Ringwelski (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vern Lokken (Vice Chair/S)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Kupsch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Soltis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Washkuhn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barb Muench (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.venturesunlimited.org

Where can I find the form 990 for Ventures Unlimited Inc?

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


Official website here: www.venturesunlimited.org

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

Mission Statement of Ventures Unlimited Inc

Ventures Unlimited Inc, a nonprofit organization, is committed to providing innovative services for individuals with disabilities. Their mission is to empower these individuals, enabling them to lead meaningful lives. The organization values equality of opportunities, inclusion, dignity, respect, self-expression, and the advocacy of those who cannot communicate on their own. Through their services, they strive to create an environment that fosters creativity, teamwork, and the recognition of each person's uniqueness.

At the heart of Ventures Unlimited Inc's mission is the provision of meaningful work opportunities. They believe that employment is crucial for individuals with disabilities to achieve independence, earn a living, and find purpose in their lives. Their team of dedicated and qualified staff and board members work tirelessly to support their 165 consumers/employees, helping them improve their daily living skills and achieve work site successes. This is achieved through one-on-one training sessions, where personalized functional exercises are designed, and group fitness and support groups that offer a variety of activities, including strength training, aerobics, balance training, ballroom dancing, and outdoor activities. These activities are not only fun but also serve to support their co-workers, promoting a sense of community and teamwork.

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Impact




July, 2024

Ventures Unlimited Inc's impact is profound as it provides innovative services for individuals with disabilities, empowering them to lead meaningful lives. By offering opportunities for growth and empowerment, this organization upholds values of equality, inclusion, and dignity for all people. Ventures Unlimited Inc's focus on meaningful work and community employment for its participants demonstrates a commitment to fostering independence and purpose in their lives. Through individualized training, group activities, and support networks, Ventures Unlimited Inc helps individuals with disabilities achieve personal and professional success, highlighting the unique abilities and potential of each person.




This information is meant to be a general summary of Ventures Unlimited 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
$2,806,929 (2022)
201120122013201420152016201720182019202020212022$0$750k$1.5M$2.25M$3M
Expenses
$2,383,984 (2022)
201120122013201420152016201720182019202020212022$0$650k$1.3M$1.95M$2.6M
Efficiency
2011201220132014201520162017201820192020202120220%15%30%45%63%

Other financial information:

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

  • Investment Income: $13,780
  • Program Service Revenue: $2,191,982
  • Gross Receipts: $2,874,729

Assets and Liabilities:

  • Total Assets: $3,347,908
  • Total Liabilities: $501,498
  • Net Assets: $2,846,410

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$2,191,982

Organization Details

Founding Year

1976

Principal Officer

Dan Ringwelski

Main Address

110 NORTH INDUSTRIAL DR PO BOX 623, SHELL LAKE, WI, 54871

NTEE Category

Code: J30 - Employment

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