Overview
What is Land O'Lakes Venture37?
Land O'Lakes Venture37 is a nonprofit organization that provides in-kind, financial, and technical assistance to communities and individuals in developing countries. With a mission to replace poverty with prosperity, they implement donor-funded projects that aim to expand trade in agricultural goods, improve agricultural productivity and climate resilience, and increase access to healthy diets, particularly for women and children. Their projects span across various countries including Bangladesh, Ethiopia, Kenya, Madagascar, Malawi, Mozambique, Rwanda, Tanzania, and Egypt. Some of their initiatives focus on strengthening artificial insemination delivery, improving and strengthening the beef and dairy value chain, and increasing access to improved quality dairy nutrition. Additionally, they work on building the capacity of governments and agencies to develop and nationalize food safety standards and certifications.
Official website here: www.landolakesventure37.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 66%, Two-Star out of Four Star rating.
Land O'Lakes Venture37 has received a score of 66%, indicating a Two-Star rating primarily based on its Accountability & Finance metrics. The charity's score reflects a strong performance in financial transparency and governance policies, as evidenced by their full points in areas such as audit quality, absence of material asset diversion, and adherence to policies like conflict of interest and whistleblower protections.
However, the organization has significant weaknesses in board independence, with no independent members on its board, which raised concerns regarding governance practices. Furthermore, the charity's financial health is called into question, as indicated by a liabilities-to-assets ratio of 92.45%, suggesting a potential risk in financial sustainability. While the program expense ratio is commendable at 80.65%, the overall lack of independent oversight is a notable limitation.
This AI summary has been generated from information found on Charity Navigator.
Is Land O'Lakes Venture37 legitimate?
Land O'Lakes Venture37 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Land O'Lakes Venture37 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: $0
For more financial information, click here
Official website here: www.landolakesventure37.org
What is the mission statement of Land O'Lakes Venture37?
Land O'Lakes Venture37 is committed to implementing donor-funded projects that provide global humanitarian aid to communities and individuals in developing countries. Their mission is to replace poverty with prosperity through the provision of in-kind, financial, and technical assistance. In 2022, their projects focused on expanding trade facilitation, improving dairy productivity, and increasing access to healthy diets in various countries such as Bangladesh, Ethiopia, and Kenya. They aim to simplify and automate import and export processes, establish sustainable private channels for artificial insemination, and improve the competitiveness, inclusiveness, and resilience of food and agriculture systems. Additionally, they support the development of profitable markets for animal-source foods and partner with high potential agri-businesses to improve productivity and food safety.
Official website here: www.landolakesventure37.org
Who is the CEO of Land O'Lakes Venture37?
John Ellenberger is the Chairman, Sr. Vice President of Land O'Lakes Venture37.
Official website here: www.landolakesventure37.org
What is the revenue of Land O'Lakes Venture37?
Land O'Lakes Venture37's revenue in 2022 was $30,331,707.
Official website here: www.landolakesventure37.org
Who are the executives of Land O'Lakes Venture37 and what are their salaries?
There 41 volunteers at Land O'Lakes Venture37.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $1,461,241
- Other: $455,159
- Compensation: $0
- Related: $282,626
- Other: $44,743
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $258,685
- Other: $33,472
- Compensation: $0
- Related: $231,386
- Other: $33,472
- Compensation: $0
- Related: $196,765
- Other: $33,472
- Compensation: $0
- Related: $263,203
- Other: $30,433
Official website here: www.landolakesventure37.org
Where can I find the form 990 for Land O'Lakes Venture37?
Land O'Lakes Venture37's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.landolakesventure37.org
Learn more at the official website: www.landolakesventure37.org
Mission Statement of Land O'Lakes Venture37
Land O'Lakes Venture37 is a humanitarian aid organization that strives to replace poverty with prosperity in communities and among individuals in developing countries. Through a combination of in-kind, financial, and technical assistance, Venture37 aims to make a significant impact in these areas.
The organization's initiatives span across multiple countries, each with unique challenges and goals. In Bangladesh, for instance, Venture37 is working on the Bangladesh Trade Facilitation Project, which aims to expand regional and international trade in agricultural goods by addressing systemic constraints at Bangladeshi ports. This project also simplifies and automates import and export processes, improves the capacity of government agencies, laboratories, and warehouses, and fosters private and public investment, particularly in cold storage.
In Ethiopia, Venture37 is addressing the genetic constraints to dairy productivity growth through public-private partnerships (PPPs). This project aims to establish financially sustainable private channels and more efficient and effective government channels for artificial insemination (AI) and related dairy cattle development services, while stimulating significant private investments that will lead to the inclusive growth of East Africa's dairy sector.
These are just a few examples of the various projects that Land O'Lakes Venture37 is involved in, each with the shared goal of improving the livelihoods and well-being of people in developing countries. By implementing donor-funded projects and providing essential resources, Venture37 is making a difference in communities around the world.
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Impact
October, 2024
Land O'Lakes Venture37 plays a transformative role in addressing poverty and enhancing prosperity in developing countries through various targeted initiatives. By providing financial, technical, and in-kind assistance, the organization empowers communities and individuals to improve their livelihoods and food security.
In Bangladesh, the Bangladesh Trade Facilitation Project aims to revitalize agricultural trade by streamlining import and export processes, thus strengthening the capacity of government agencies and fostering investment in vital infrastructure like cold storage. In Ethiopia, efforts to enhance dairy productivity focus on improving artificial insemination services through partnerships, enabling more sustainable dairy farming practices.
Kenya benefits from initiatives that empower women smallholder dairy farmers, increasing both their economic opportunities and the quality of milk on the market. Similarly, projects in Madagascar and Mozambique work towards enhancing food security and agricultural resilience, focusing on vulnerable communities and promoting responsible farming techniques.
In Rwanda and Lebanon, Land O'Lakes Venture37 partners with local businesses to develop profitable markets for animal-source foods and improve food safety standards, respectively. Their projects in Egypt and Georgia also emphasize building institutional capacity to bolster food safety and strengthen agricultural value chains.
The overall impact of Land O'Lakes Venture37 is seen in its commitment to fostering inclusive growth across various sectors, particularly in agriculture, by implementing initiatives that promote sustainable practices, gender equity, and economic empowerment. Through these multifaceted projects, the organization effectively replaces poverty with prosperity, creating lasting change in the regions it serves.
This information is meant to be a general summary of Land O'Lakes Venture37. 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: $30,331,707
Assets and Liabilities:
- Total Assets: $31,309,047
- Total Liabilities: $28,947,067
- Net Assets: $2,361,980
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Organization Details
Founding Year
2015
Phone
(651) 375-5276Principal Officer
John Ellenberger
Main Address
4001 N LEXINGTON PKWY MS 5120, ARDEN HILLS, MN, 55126
Website
www.landolakesventure37.orgNTEE Category
Code: Q31 - International
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