Overview
What is Venture Carolina?
Venture Carolina is a small, nonprofit organization situated in Chapin, South Carolina. Its primary focus is to foster the creation and expansion of high-impact companies. To achieve this goal, they offer educational programs. By providing these resources, they aim to stimulate entrepreneurship and business growth within their community. With a workforce of only two individuals, Venture Carolina plays a significant role in supporting local businesses and driving economic development.
Is Venture Carolina legitimate?
Venture Carolina is a legitimate nonprofit organization registered as a 501(c)(3) entity. Venture Carolina 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: $69,957
For more financial information, click here
What is the mission statement of Venture Carolina?
Venture Carolina is committed to providing educational programs that aim to stimulate the creation and growth of high-impact companies. Its mission is to foster an environment that encourages the development of innovative businesses, contributing to the overall economic growth and progress. The organization's activities focus on delivering educational resources and support, helping entrepreneurs turn their ideas into successful ventures. By providing these programs, Venture Carolina aims to drive innovation and economic development, ultimately benefiting society as a whole.
Who is the CEO of Venture Carolina?
Leon C Banks Jr is the At-Large of Venture Carolina.
What is the revenue of Venture Carolina?
Venture Carolina's revenue in 2022 was $248,492.
Who are the executives of Venture Carolina and what are their salaries?
The average compensation at Venture Carolina during 2022 was $34,978. There are 2 employees at Venture Carolina.
Here are 5 key members and their salaries:
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- Other: $5,400
Where can I find the form 990 for Venture Carolina?
Venture Carolina's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Venture Carolina
Venture Carolina, as a nonprofit organization, is dedicated to providing educational programs aimed at fostering the creation and development of high-impact companies. Their mission is to stimulate innovation and growth within the business sector, focusing on companies that have the potential to make significant contributions. By offering educational programs, Venture Carolina aims to support entrepreneurs and businesses in their journey, helping them navigate the challenges of starting and growing a company. Their objective is to contribute to the establishment of a robust and dynamic business ecosystem, ultimately benefitting the wider community.
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Impact
October, 2024
Venture Carolina significantly impacts the entrepreneurial landscape by offering educational programs designed to stimulate the creation and growth of high-impact companies. Located in Chapin, SC, the organization fosters a culture of innovation and entrepreneurship within the community. By equipping aspiring business leaders with the necessary knowledge and skills, Venture Carolina enhances the local economy and drives community improvement. Their initiatives not only support individual entrepreneurs but also contribute to the broader ecosystem of sustainable business development, ultimately leading to job creation and economic vitality.
This information is meant to be a general summary of Venture Carolina. 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.
- Gross Receipts: $248,492
Assets and Liabilities:
- Total Assets: $43,436
- Total Liabilities: $901
- Net Assets: $42,535
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Organization Details
Founding Year
2014
Phone
(803) 414-6702Principal Officer
Leon C Banks Jr
Main Address
POST OFFICE BOX 615, CHAPIN, SC, 29036
NTEE Category
Code: S99 - Community improvement
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