NonprofitsVelocity Network Foundation

Velocity Network Foundation

DENVER, CO

Total revenue

$524K

Total expenses

$1.5M

Net assets

Grants received

EIN

842596283

Tax year

2024

Mission

The organization partners with government (e.g state of arkansas), non-profits (e.g. Aacrao, us chamber of commerce foundation) and for profit companies (e.g. Randstad) to advance the adoption of verifiable digital credentials in the global labor market.

Programs

3 programs

Network governance - facilitate velocity network governance forums including committees, workgroups, board of directors. Manage annual election process.

Expenses: $216K

Maintain velocity network infrastructure - maintain open source software, nodes of the network technical documentation, supporting software elements (wallets, core banking system).

Expenses: $764K

Support services to enable velocity's users to operate and implement the technology effectively.

Expenses: $27K

Financials

FY 2024

Revenue

Contributions & grants$298K
Program service revenue$227K
Investment income
Other revenue
Total revenue$524K

Expenses

Grants paid
Salaries & benefits$18K
Fundraising
Other expenses$1.5M
Total expenses$1.5M
Total assets$203K
Net assets

People

23 listed

NameRoleCompensation

OLIVIA MELONAS

SECRETARY/TREASURER

Board

$18K

8 hrs/wk

DROR GUREVICH

CEO AND DIRECTOR

Board

35 hrs/wk

ETAN BERNSTEIN

HEAD OF ECOSYSTEM

Board

35 hrs/wk

JEAN-MARC LAOUCHEZ

DIRECTOR

Board

2 hrs/wk

GLEN CATHEY

DIRECTOR

Board

2 hrs/wk

ZACH DAIGLE

DIRECTOR

Board

2 hrs/wk

MICHELLE AINSWORTH

DIRECTOR

Board

2 hrs/wk

SIDDHARTHA BHATTACHARYA

DIRECTOR

Board

2 hrs/wk

DEB EVERHART

DIRECTOR

Board

2 hrs/wk

CHRIS GOODSON

DIRECTOR

Board

2 hrs/wk

BILL HUGHES

DIRECTOR

Board

2 hrs/wk

MARC JANSEN

DIRECTOR

Board

2 hrs/wk

MANOJ KUTTY

DIRECTOR

Board

2 hrs/wk

ROBERT MCGOUGH

DIRECTOR

Board

2 hrs/wk

GIANNA PFFIFFNER

DIRECTOR

Board

2 hrs/wk

MARTY REED

DIRECTOR

Board

2 hrs/wk

MEAGAN TREADWAY

DIRECTOR

Board

2 hrs/wk

HENRY MACK

DIRECTOR

Board

2 hrs/wk

SANJOE JOSE

DIRECTOR

Board

2 hrs/wk

JOUKO VAN AGGELEN

DIRECTOR

Board

2 hrs/wk

HERMINE WONG

DIRECTOR

Board

2 hrs/wk

JIM OWENS

PRESIDENT

Board

5 hrs/wk

ANDRES OLAVE

HEAD OF PRODUCT AND TECH

Board

40 hrs/wk

Independent contractors

VELOCITY CAREER LABS

TECHNICAL, SUPPORT, PROFESSIONAL, AND MA

$494K

Details

EIN842596283
Subsection06
Ruling date2024-01
Formed2019
Employees0
Volunteers21
VELOCITY NETWORK FOUNDATION — Mission, Financials & Grants Received | Grantivo