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Venture Inc.

Venture Inc.

Pontiac, MI 48342
Tax ID38-3024297

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About this organization

Revenue

$124,317

Expenses

$387,883

Website

olhsa.org

Mission

Venture, Inc. will provide, energy-efficient, affordable housing for persons of low and moderate income levels by facilitating home purchase, rehabilitation, construction, and lending and perform other community development activities to assist in such objectives.

About

To increase the amount of affordable housing within Oakland and Livingston counties. During 2018, Venture worked in partnership with the GM Modern Housing Neighborhood Association to accomplish some community development work in Oakland Park which lies in the GM Modern Housing Neighborhood. Venture also completed funding applications to Oakland County for the construction of two new single family homes that were started in 2018 and also worked in partnership with Oakland Schools on constructing a new home with the assistance of the building trades program through Oakland Schools Northeast Technical Campus. This work started late in 2018.

Interesting data from their 2020 990 filing

The mission of the non-profit, as stated in the filing, is “To provide affordable housing opportunities to those individuals or families in need. increase the amount of affordable housing within oakland and livingston counties.”.

When referring to its tasks, they were described as: “Venture, inc. will provide, energy-efficient, affordable housing for persons of low and moderate income levels by facilitating home purchase, rehabilitaiton, construction, and lending and perform other community development activities to assist in such objectives.”.

  • The non-profit is operating legally in the state of MI.
  • The non-profit's address for the year 2020 is listed as 196 CESAR E CHAVEZ AVENUE, PONTIAC, MI, 48342 in the filing.
  • The form submitted by the non-profit organization for 2020 reports 1 employees.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is -$263,566.
  • The organization has 6 independent voting members.
  • The organization was formed in 1991.
  • The organization pays $60,714 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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