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Denver Community Ventures

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

EIN: 453714223 ✦ Denver, CO ✦ Designated as a 501(c)(3)

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Overview

What is Denver Community Ventures?

Denver Community Ventures is a nonprofit organization situated in Denver, Colorado, specifically at 1035 Osage Street. Their primary mission is to empower low and moderate income families and individuals, fostering self-sufficiency and independence. They accomplish this by providing essential funding to the Denver Housing Authority's Resident and Community Services Department. This financial support enables the delivery of various services within affordable housing communities, aiming to enhance the quality of life for residents. In 2022, the Denver Community Ventures focused on three key areas: firstly, offering economic self-sufficiency programs that connected residents to skill-building, job training, career coaching, financial literacy education, debt reduction, credit building, and first-time homebuyer education and counseling. Secondly, providing resources for seniors and disabled adults to age-in-place and live more independently. Lastly, bringing affordable high-speed digital access, computers, and training to all residents, promoting self-sufficiency and economic independence across various age groups.

Is Denver Community Ventures legitimate?

Denver Community Ventures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Denver Community 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,746

For more financial information, click here

What is the mission statement of Denver Community Ventures?

Denver Community Ventures aims to promote self-sufficiency and independent living for low and moderate-income families and individuals. Their mission is to provide essential funding to support services for residents in affordable housing communities, with the ultimate goal of helping them become self-sufficient. This is achieved by linking residents to resources and services that build skills and self-esteem, enhancing their quality of life. In 2022, the primary focus areas for resident programming included economic self-sufficiency programming, resources for seniors and disabled adults to age-in-place, and bringing affordable high-speed digital access and training to all residents to promote economic independence for all age groups.

Who is the CEO of Denver Community Ventures?

Guy Morissette is the Chair of Denver Community Ventures.

What is the revenue of Denver Community Ventures?

Denver Community Ventures's revenue in 2022 was $232,516.

Who are the executives of Denver Community Ventures and what are their salaries?

There 13 volunteers at Denver Community Ventures.


Here are 14 key members and their salaries:


Guy Morissette (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annie Hanckock (Secretary)
  • Compensation: $0
  • Related: $134,659
  • Other: $22,972
Renee Nicolosi (Secretary)
  • Compensation: $0
  • Related: $56,215
  • Other: $9,996
Ben Williams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Nisivoccia (Board Member)
  • Compensation: $0
  • Related: $340,438
  • Other: $39,740
Maro Casparian (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Petrak (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marian Lawrence (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milford Adams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Villanueva (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anton Bengston (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Gilford Iii (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Money (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Fidelis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Denver Community Ventures?

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

Mission Statement of Denver Community Ventures

Denver Community Ventures, as an organization, is dedicated to promoting self-sufficiency and independent living for low and moderate-income families and individuals. Their mission is to support these individuals by offering essential funding to the Denver Housing Authority's Resident and Community Services Department. This funding is used to deliver services within affordable housing communities, with the ultimate goal of helping residents achieve self-sufficiency. The organization accomplishes this by linking residents to various supportive services and resources that enhance their skills and self-esteem, ultimately improving their quality of life.

In 2022, Denver Community Ventures focused on three primary areas for resident programming. These included offering economic self-sufficiency programming, which connected residents to skill-building, job training, career coaching, financial literacy education, debt reduction, and credit building. Additionally, resources were provided for seniors and disabled adults to age-in-place and live more independently. Lastly, affordable high-speed digital access, computers, and training were brought to all residents to further promote self-sufficiency and economic independence for all age groups. By providing these services, Denver Community Ventures aims to empower individuals to improve their lives and achieve greater independence.

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Impact




October, 2024

Denver Community Ventures significantly impacts the lives of low and moderate-income families and individuals by promoting self-sufficiency and independence. Through essential funding for the Denver Housing Authority’s Resident and Community Services Department, the organization enhances the quality of life for residents in affordable housing communities.

In 2022, they focused on several key programming areas. First, they provided economic self-sufficiency services that connected residents with vital resources such as skill-building workshops, job training, career coaching, financial literacy education, debt reduction, and first-time homebuyer counseling. These initiatives empower individuals to improve their financial situations and pursue career opportunities.

Additionally, Denver Community Ventures offered support for seniors and disabled adults, enabling them to age in place comfortably and live independently. Equipping residents with affordable high-speed digital access, computers, and related training has further facilitated the promotion of self-sufficiency across all age groups.

By bridging funding gaps, especially when federal resources fall short, Denver Community Ventures plays a crucial role in sustaining current programs and services that are pivotal to the well-being of the community it serves.




This information is meant to be a general summary of Denver Community 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.

Revenue
$232,516 (2022)
Expenses
$161,261 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $841
  • Program Service Revenue: $71,786
  • Gross Receipts: $232,516

Assets and Liabilities:

  • Total Assets: $835,293
  • Total Liabilities: $28,643
  • Net Assets: $806,650

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Programs

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

HOME OWNERSHIP CLASSES

Revenue

$71,786

Organization Details

Founding Year

2011

Principal Officer

Guy Morissette

Main Address

1035 OSAGE STREET, DENVER, CO, 80204

NTEE Category

Code: L118 - Housing

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