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World Ventures Inc

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

EIN: 470881735 ✦ Woodburn, IN ✦ Designated as a 501(c)(3)

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Overview

What is World Ventures Inc?

World Ventures Inc, established in Woodburn, Indiana, is a nonprofit organization committed to community and economic development. They extend their mission by forgiving loans and converting them into grants for various purposes such as medical, agricultural, and small businesses in Liberia, Kenya, Zimbabwe, and Uganda, positively impacting around 50 families. Furthermore, World Ventures provides grants for business training and small business support in Haiti, Nepal, and Zambia, benefiting an additional 50 families. This holistic approach aims to uplift and empower communities, fostering sustainable growth and development.

Is World Ventures Inc legitimate?

World Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Ventures Inc submitted a form 990EZ, 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.

What is the mission statement of World Ventures Inc?

World Ventures Inc's mission focuses on community and economic development. The organization operates by forgiving loans and converting them into grants for various purposes such as medical, agricultural, and small business ventures. This initiative is carried out in Liberia, Kenya, Zimbabwe, and Uganda, impacting around 50 families. Additionally, World Ventures provides grants for business training and small business purposes in Haiti, Nepal, and Zambia, benefiting approximately 50 families. The organization's work aims to contribute positively to these communities, promoting economic growth and development.

Who is the CEO of World Ventures Inc?

Dr Stephen Coats is the President of World Ventures Inc.

What is the revenue of World Ventures Inc?

World Ventures Inc's revenue in 2022 was $54,842.

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


Here are 10 key members and their salaries:


Dr Stephen Coats (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Bonner (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Gerig (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taylor Beaty (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Steinman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Birkey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Stutzman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mann (Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaun Futch (Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Johns (Advisor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for World Ventures Inc?

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

Mission Statement of World Ventures Inc

World Ventures Inc, a nonprofit organization, is committed to fostering community and economic development through its mission. The organization operates in various countries, including Liberia, Kenya, Zimbabwe, and Uganda, where it forgives loans and transforms them into grants for medical, agricultural, and small business purposes. This initiative supports around 50 families in these regions. Additionally, World Ventures Inc extends grants for business training and small business purposes in Haiti, Nepal, and Zambia, benefiting approximately 50 families in these areas as well. The organization's mission is geared towards uplifting communities and providing opportunities for economic growth.

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Impact




August, 2024

World Ventures Inc's impact is significant in fostering community and economic development in multiple countries. By forgiving loans and transforming them into grants in Liberia, Kenya, Zimbabwe, and Uganda for medical, agricultural, and small business purposes, the organization is directly supporting around 50 families. Additionally, World Ventures provides grants for business training and small business purposes in Haiti, Nepal, and Zambia, benefiting approximately 50 families in these regions. This approach not only helps individuals and families improve their livelihoods but also contributes to the overall socio-economic development of these communities.




This information is meant to be a general summary of World Ventures 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
$54,842 (2022)
Expenses
$72,580 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $157
  • Program Service Revenue: $2,330
  • Gross Receipts: $54,842

Assets and Liabilities:

  • Total Assets: $262,775
  • Total Liabilities: $65,525
  • Net Assets: $197,250

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Organization Details

Principal Officer

Dr Stephen Coats

Main Address

23526 DAWKINS RD, WOODBURN, IN, 46797

NTEE Category

Code: Q30 - International

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