Venture Noire Inc Venture Noire

Venture Noire

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

EIN: 851340632 ✦ Bentonville, AR ✦ Designated as a 501(c)(3)

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Overview

What is Venture Noire Inc Venture Noire?

Venture Noire Inc is a nonprofit organization committed to uplifting the prosperity of Black-owned businesses. They serve as a mediator, linking corporations with communities, with the ultimate goal of bolstering the financial health of these enterprises. Although they did not incur any program-related expenses in their recent tax year, their purpose remains steadfast: to support and strengthen Black-owned small businesses through management services.


Official website here: www.venturenoire.org/

Is Venture Noire Inc Venture Noire legitimate?

Venture Noire Inc Venture Noire is a legitimate nonprofit organization registered as a 501(c)(3) entity. Venture Noire Inc Venture Noire 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: $303,344

For more financial information, click here


Official website here: www.venturenoire.org/

What is the mission statement of Venture Noire Inc Venture Noire?

Venture Noire Inc., an organization dedicated to Venture Noire, aims to serve as a bridge connecting corporations and communities, with a focus on improving the health of Black-owned businesses. Their mission involves providing management services to small business owners and entrepreneurs, aiming to enhance the well-being of these enterprises. Despite not incurring any program expenses during the recent tax year, Venture Noire's commitment to its mission remains unwavering, as they continue to strive towards improving the vitality of Black-owned businesses.


Official website here: www.venturenoire.org/

Who is the CEO of Venture Noire Inc Venture Noire?

Keenan Beasley is the President of Venture Noire Inc Venture Noire.


Official website here: www.venturenoire.org/

What is the revenue of Venture Noire Inc Venture Noire?

Venture Noire Inc Venture Noire's revenue in 2022 was $1,458,170.


Official website here: www.venturenoire.org/

Who are the executives of Venture Noire Inc Venture Noire and what are their salaries?


There is 1 key member and their salary:


Keenan Beasley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.venturenoire.org/

Where can I find the form 990 for Venture Noire Inc Venture Noire?

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


Official website here: www.venturenoire.org/

Learn more at the official website: www.venturenoire.org/

Mission Statement of Venture Noire Inc Venture Noire

Venture Noire Inc, a nonprofit organization, is dedicated to serving as a bridge between corporations and communities with the primary aim of improving the health of Black-owned businesses. The mission of Venture Noire Inc is to provide management services to small business owners and entrepreneurs within the Black community. Despite not incurring any program expenses during the recent tax year, the organization's commitment to improving the well-being of Black-owned businesses remains steadfast. Venture Noire Inc strives to contribute to the growth and success of these businesses, thereby enhancing their overall health and viability in the marketplace.

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Impact




July, 2024

Venture Noire Inc Venture Noire aims to enhance the well-being of Black businesses by providing management services for small business owners and entrepreneurs. Their mission is focused on improving the health of Black-owned businesses, ultimately contributing to the economic growth and prosperity of the Black community. Through their efforts, they are striving to create a more vibrant and sustainable business environment for Black entrepreneurs, fostering economic empowerment and community improvement.




This information is meant to be a general summary of Venture Noire Inc Venture Noire. 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
$1,458,170 (2022)
Expenses
$1,001,264 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,458,170

Assets and Liabilities:

  • Total Assets: $611,844
  • Total Liabilities: $8,592
  • Net Assets: $603,252

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Organization Details

Founding Year

2020

Principal Officer

Keenan Beasley

Main Address

702 SE 5TH ST, Bentonville, AR, 72712

NTEE Category

Code: S43 - Community improvement

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