VENTURE INC
AI Summary
VENTURE INC is a nonprofit organization dedicated to providing energy-efficient, affordable housing for individuals of low and moderate income levels through home purchase, rehabilitation, construction, and lending initiatives. With an operating budget of $706.8K and total revenue of $2.1M for the 2024 filing year, the organization receives significant support from major funders, including ENTERPRISE COMMUNITY PARTNERS INC, The Huntington Foundation, and FLAGSTAR FOUNDATION INC.
Mission Statement
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.
Cause Areas
1
Housing services
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is VENTURE INC’s budget?
In 2024, VENTURE INC reported an annual operating budget of around $707 thousand. More detailed financial information is available to registered users.
What causes does VENTURE INC support?
VENTURE INC supports work in Housing services.
Where does VENTURE INC operate?
VENTURE INC is headquartered in Pontiac, MI.
Who funded VENTURE INC recently?
In 2022, VENTURE INC received grants from ENTERPRISE COMMUNITY PARTNERS INC, FLAGSTAR FOUNDATION INC, and The Huntington Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant VENTURE INC received in 2022?
The largest grant to VENTURE INC in 2022 exceeds $30 thousand.
What is VENTURE INC’s reliance on government grants?
VENTURE INC relied on government grants for more than 55% of their total revenue in 2024.