NonprofitsVentures

Human Services

Ventures

WATSONVILLE, CA

Total revenue

$3.5M

Total expenses

$3.6M

Net assets

$5.8M

Grants received

$6.9M

35 grants

EIN

770247648

Tax year

2024

Mission

Creating compassionate and equitable local economies that contribute to the well-being of our communities.Ventures partners with rural, working-class families in Californias Central Coast to ensure a shared and equitable economic future for all.

Programs

3 programs

Asset Building - Ensures families and youth can build wealth. This includes: - Semilitas is a community partnership that creates communities of belonging from birth, by investing in Santa Cruz County kids child development, post-secondary educational aspirations, and families financial capability by creating an automatic college savings account for all Santa Cruz County newborns. - Futuro - is a worker-owned cooperative business structure and network that provides income and wealth building for working-class families.

Expenses: $1.4MGrants: $35K

Advocacy - To advocate for system-level interventions that, in part, enable the establishment of community-owned structures, which ensure community members hold decision-making power over policies and programs.

Expenses: $34KGrants: $3K

Emergency Relief & Safety Net Services - As a trusted intermediary during times of crisis, Ventures provides relief to community members in need who are not comfortable working with institutions or who are left out of our safety net.

Expenses: $15K

Financials

FY 2024

Revenue

Contributions & grants$3.3M
Program service revenue
Investment income$131K
Other revenue
Total revenue$3.5M

Expenses

Grants paid$1.3M
Salaries & benefits$1.3M
Fundraising$29K
Other expenses$1.0M
Total expenses$3.6M
Total assets$5.9M
Net assets$5.8M

People

9 listed

NameRoleCompensation

MARIA CADENAS

Executive Dir.

Board

$171K

40 hrs/wk

DIVYA SHARMA

Director

Board

1 hrs/wk

CAITLIN BRUNE

Treasurer

Board

1 hrs/wk

DARLENE TORRES

Secretary

Board

1 hrs/wk

CRISTIAN HERNANDEZ-DIAZ

Director

Board

1 hrs/wk

HANK ARMSTRONG

Director

Board

1 hrs/wk

CHRIS BENNER

Vice Chairman

Board

1 hrs/wk

SIGOLENE ORTEGA

Chairman

Board

1 hrs/wk

LORRAINE YGLESIAS

Director

Board

1 hrs/wk

Grants received

Showing 35 of 35

FromAmountPurposeYear
$100K
LOCAL COMMUNITY SUPPORT IN CALIFORNIA
2024
$50K
PROGRAM SUPPORT
2024
$50K
SG2024009, WCEP STEERING COMMITTEE 2023-2024, INSTALLMENT 1 OF 1
2024
$29K
GENERAL OPERATING SUPPORT, VENTURES' SEMILITAS PROGRAM
2024
$15K
FINANCIAL CAPABILITY
2024
$3M
For a worker-owned business structure
2023
$119K
OPERATING SUPPORT
2023
$100K
LOCAL COMMUNITY SUPPORT IN CALIFORNIA
2023
$47K
FINANCIAL CAPABILITY
2023
$28K
FOR GENERAL OPERATING SUPPORT
2023
$11K
WINTER STORM RELIEF/UNDOCU FUND
2023
$102K
BLDG ECO PWR/RPD RSP
2022
$75K
OPERATING SUPPORT
2022
$50K
Winter storm relief/undocufund fund
2022
$35K
FINANCIAL CAPABILITY
2022
$34K
FOR GENERAL OPERATING SUPPORT
2022
$30K
CARES ACT GRANT & GEN'L OPERATING
2022
$20K
PROGRAM SUPPORT
2022
$10K
WCEP SUBGRANT
2022
$10K
STANDARD
2022
$15K
HEALTH AND WELLNESS
2021
$2.2M
HEALTHY INDIVIDUALS AND COMMUNITIES
2020
$364K
PROGRAM SUPPORT
2020
$107K
COMMUNITY DEVELOPMENT
2020
$83K
COORDINATION / STIPEND
2020
$60K
CAPACITY BUILDING FOR COVID-19 RESPONSE
2020
$25K
CIVIC & ECONOMIC PWR
2020
$25K
CARES ACT GRANT & GEN'L OPERATING
2020
$50K
COMMUNITY HEALTH
2019
$21K
FOR GENERAL OPERATING SUPPORT
2019
$12K
For grant recipient's exempt purposes
2019
$3K
COVID-19 RAPID RESPONSE
2019

Funded by

$6.9M from 18 funders · 35 grants · 2019–2024

The James Irvine Foundation

$3M · 1 grant · 2023

Tides Foundation

$2.2M · 1 grant · 2020

Grantmakers Concerned With

$364K · 1 grant · 2020

Community Foundation Santa Cruz

$219K · 5 grants · 2019–2024

The Schmidt Family Foundation

$200K · 2 grants · 2023–2024

Monterey Peninsula Foundation

$194K · 2 grants · 2022–2023

Latino Community Foundation

$127K · 2 grants · 2020–2022

National Association For Latino

$97K · 3 grants · 2022–2024

Details

EIN770247648
NTEE codeP33J
Subsection03
Ruling date1990-07
Formed1989
Employees27
VENTURES — Mission, Financials & Grants Received | Grantivo