NonprofitsCommunity Ventures Inc

Public Foundations

Community Ventures Inc

PHILADELPHIA, PA

Total revenue

$24.0M

Total expenses

$20.6M

Net assets

$21.2M

Grants received

$343K

8 grants

EIN

232462126

Tax year

2024

Mission

Housing rehabilitation

Programs

1 program

Philadelphia rebuild - philadelphia rebuild is the city of philadelphias rebuilding community infrastructure program. Community ventures was chosen to develop and supervise five projects under the philadelphia rebuild program. The majority of the vendors involved address their invoices to community ventures for payment even though they are actually paid by the city of philadelphia. For the purposes of this tax return, these transactions are not deemed to be agency transactions and are included as revenue and expenses.

Expenses: $18.6M

Financials

FY 2024

Revenue

Contributions & grants$2.4M
Program service revenue$21.4M
Investment income$160K
Other revenue$15K
Total revenue$24.0M

Expenses

Grants paid
Salaries & benefits$1.7M
Fundraising$10K
Other expenses$18.9M
Total expenses$20.6M
Total assets$24.3M
Net assets$21.2M

People

11 listed

NameRoleCompensation

DAVID LAFONTAINE

EXECUTIVE DIRECTOR

Board

$131K

40 hrs/wk

TROY HANNIGAN

DIRECTOR OF DEVELOPMENT

Board

$128K

40 hrs/wk

CYNTIA FORTUNE

FINANCIAL CONTROLLER

Board

$110K

40 hrs/wk

H AHADA STANFORD

BOARD MEMBER

Board

2 hrs/wk

H AIDEN BLYTH JR

BOARD MEMBER

Board

2 hrs/wk

ROB FLEMING

BOARD MEMBER

Board

2 hrs/wk

JOHN HOWARD

BOARD MEMBER

Board

2 hrs/wk

NINA LIOU

BOARD MEMBER

Board

2 hrs/wk

DEBORAH MCCOLLOCH

BOARD MEMBER

Board

2 hrs/wk

NANCY WAGNER-HISLIP

BOARD CHAIR

Board

2 hrs/wk

THOMAS WILLIAMS

TREASURER

Board

2 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$20K
ASSISTANT SUPPORTIVE
2024
$50K
PROGRAM FUNDING
2023
$29K
GENERAL SUPPORT
2020
$1K
SUPPORTIVE SERVICES PROGRAM FOR OUR RESIDENTS
2020

Funded by

$343K from 5 funders · 8 grants · 2020–2024

Local Initiatives Support Corporation

$243K · 4 grants · 2020–2024

Philadelphia City Fund Inc

$50K · 1 grant · 2023

Threshold Foundation

$29K · 1 grant · 2020

Henrietta Tower Wurts Memorial

$1K · 1 grant · 2020

Details

EIN232462126
NTEE codeT30
Subsection03
Ruling date2017-07
Formed1987
Employees24
Volunteers8
COMMUNITY VENTURES INC — Mission, Financials & Grants Received | Grantivo