Totals
- Total revenue
- $19,309,937
- Total expenses
- $18,210,733
- Contributions and grants received
- $1,000,651
- Grants paid
- $0
- Program service revenue
- $18,147,476
- Investment income
- $161,810
- Other revenue
- $0
- Total assets, end of year
- $26,334,375
- Total liabilities, end of year
- $4,008,762
- Net assets or fund balances, end of year
- $22,325,613
- Program services expenses (Part IX)
- $17,324,118
- Management and general expenses
- $876,615
- Fundraising expenses
- $10,000
- Program service expenses (Part III)
- $17,324,118
Program services were 95.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$948,227
-
1f · All other contributions, gifts and grants
$52,424
-
2a · Program service revenue: RENTAL COMMISSION
total $230,726 · unrelated business $0 · excluded $0
-
2b · Program service revenue: EXPENSE REIMBURSEMENT
total $842,766 · unrelated business $0 · excluded $0
-
2c · Program service revenue: DEVELOPMENT FEES
total $1,460,593 · unrelated business $0 · excluded $0
-
2d · Program service revenue: MANAGEMENT FEES
total $54,183 · unrelated business $0 · excluded $0
-
2e · Program service revenue: RENTAL INCOME
total $104,317 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $15,454,891 · unrelated business $0 · excluded $0
-
3 · Investment income
total $161,810 · unrelated business $0 · excluded $161,810
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $455,806 · program services $236,489 · management and general $211,317 · fundraising $8,000
-
7 · Other salaries and wages
total $948,083 · program services $600,284 · management and general $347,799 · fundraising $0
-
8 · Pension plan contributions
total $27,247 · program services $16,615 · management and general $10,632 · fundraising $0
-
9 · Other employee benefits
total $244,060 · program services $148,827 · management and general $95,233 · fundraising $0
-
10 · Payroll taxes
total $104,262 · program services $82,428 · management and general $20,791 · fundraising $1,043
-
11b · Fees: legal
total $5,416 · program services $0 · management and general $5,416 · fundraising $0
-
11c · Fees: accounting
total $32,600 · program services $0 · management and general $32,600 · fundraising $0
-
13 · Office expenses
total $73,204 · program services $0 · management and general $72,247 · fundraising $957
-
16 · Occupancy
total $96,043 · program services $51,188 · management and general $44,855 · fundraising $0
-
17 · Travel
total $1,888 · program services $0 · management and general $1,888 · fundraising $0
-
23 · Insurance
total $10,898 · program services $0 · management and general $10,898 · fundraising $0
-
24a · Other expenses: CONTRACTED SERVICES
total $22,939 · program services $0 · management and general $22,939 · fundraising $0
-
24b · Other expenses: HOLDING COSTS
total $77 · program services $77 · management and general $0 · fundraising $0
-
24c · Other expenses: PROGRAM - PHILADELPHIA REBUILD
total $16,126,607 · program services $16,126,607 · management and general $0 · fundraising $0
-
24d · Other expenses: PROGRAM - PLAYFULL LEARNING
total $61,603 · program services $61,603 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $161,185 · end of year $640,794
-
2 · Savings and temporary cash investments
beginning of year $185,973 · end of year $162,024
-
4 · Accounts receivable
beginning of year $2,776,611 · end of year $3,649,815
-
7 · Other notes and loans receivable
beginning of year $4,349,440 · end of year $4,610,977
-
9 · Prepaid expenses and deferred charges
beginning of year $74,077 · end of year $43,650
-
12 · Investments: other securities
beginning of year $8,023,352 · end of year $8,023,352
-
13 · Investments: program-related
beginning of year $4,871,966 · end of year $5,177,966
-
15 · Other assets
beginning of year $3,882,805 · end of year $4,025,797
-
17 · Accounts payable and accrued expenses
beginning of year $2,289,649 · end of year $3,302,411
-
19 · Deferred revenue
beginning of year $200,000 · end of year $178,000
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $609,351 · end of year $528,351
-
27 · Net assets without donor restrictions
beginning of year $21,186,409 · end of year $22,305,613
-
28 · Net assets with donor restrictions
beginning of year $40,000 · end of year $20,000
Mission and programs · 2025
Mission
COMMUNITY VENTURES MISSION IS TO WORK IN PARTNERSHIP WITH NEIGHBORHOOD-BASED ORGANIZATIONS TO IMPROVE COMMUNITIES AND TO INCREASE THE SUPPLY OF AFFORDABLE HOUSING. COMMUNITY VENTURES HAS DEVELOPED OVER 500 UNITS FOR AFFORDABLE HOUSING, 13,000 SF OF COMMERCIAL SPACE, AND GREEN SPACES AND MANAGES 325 RESIDENTIAL RENTAL UNITS.
-
DEVELOPMENT AND PROPERTY MANAGEMENT OF LOW TO MODERATE INCOME HOUSING IN PARTNERSHIP WITH LOCAL NEIGHBORHOOD GROUPS IN PHILADELPHIA INCLUDING BOTH RENTAL AND HOMEOWNERSHIP OPPORTUNITIES. COMMUNITY VENTURES STRIVES TO ACHIEVE THE HIGHEST LEVELS OF ENVIRONMENTAL SUSTAINABILITY AND TO PRODUCE BEAUTIFUL AND HIGH QUALITY NEIGHBORHOODS.
Expenses $1,197,511 · Revenue $2,737,585
-
PHILADELPHIA REBUILD - PHILADELPHIA REBUILD IS THE CITY OF PHILADELPHIAS REBUILDING COMMUNITY INFRASTRUCTURE PROGRAM TO INVEST OVER $500 MILLION INTO THE CITYS PARKS, RECREATION CENTERS, AND LIBRARIES. COMMUNITY VENTURES WAS CHOSEN TO DEVELOP AND SUPERVISE FIVE PROJECTS AND THE PHILADELPHIA REBUILD PROGRAM. COMMUNITY VENTURES MANAGES THESE REBUILD PROJECTS THROUGH COMMUNITY ENGAGEMENT, DESIGN, AND CONSTRUCTION IN PARTNERSHIP WITH RESIDENTS, THE CITY, AND ADDITIONAL STATE GRANTS. THE MAJORITY OF VENDORS INVOLVED ARE CONTRACTED TO COMMUNITY VENTURES AND INVOICE COMMUNITY VENTURES EVEN THOUGH THE VENDORS ARE ACTUALLY PAID BY THE CITY OF PHILADELPHIA. FOR THE PURPOSES OF THIS TAX RETURN, THESE TRANSACTIONS ARE NOT DEEMED TO BE COMMUNITY VENTURES TRANSACTIONS AND ARE INCLUDED AS REVENUE AND EXPENSES.
Expenses $16,126,607 · Revenue $15,409,891
As filed on the 2025 return.
Listed in Part VII
-
DAVID LAFONTAINE
EXECUTIVE DIRECTOR
- Total calculated
- $160,976
- From this org
- $135,211
- From related orgs
- $0
- Other
- $25,765
- Hours/week
- 40
-
CYNTIA FORTUNE
FINANCIAL CONTROLLER
- Total calculated
- $134,255
- From this org
- $113,296
- From related orgs
- $0
- Other
- $20,959
- Hours/week
- 40
-
TROY HANNIGAN
DIRECTOR OF DEVELOPMENT
- Total calculated
- $160,575
- From this org
- $129,099
- From related orgs
- $0
- Other
- $31,476
- Hours/week
- 40
-
NANCY WAGNER-HISLIP
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
THOMAS WILLIAMS
TREASURER (Until 10/13/25)
- Total calculated
- $0
- Hours/week
- 2
-
H AIDEN BLYTH JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
JOHN HOWARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
DEBORAH MCCOLLOCH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
RELATED · LOW INCOME HOUSING · PA · 99% owned · share of income -$41,270 · share of assets $1,392,022
Directly controlled by FRANCISVILLE HOUSING DEV CORP
-
FRANCISVILLE RAINBOW ASSOCIATES
RELATED · LOW INCOME HOUSING · PA · 99% owned · share of income -$14,830 · share of assets $773,950
Directly controlled by RAINBOW HOUSING DEV CORP
-
RELATED · LOW INCOME HOUSING · PA · 99% owned · share of income $21,461 · share of assets $1,140,742
Directly controlled by FRANCISVILLE III HOUSING DEV CORP
-
RELATED · LOW INCOME HOUSING · PA · 99.99% owned · share of income -$127,904 · share of assets $4,149,691
Directly controlled by SENIORS VILLAGE LLC
-
RELATED · LOW INCOME HOUSING · PA · 0.01% owned · share of income $0 · share of assets $0
Directly controlled by SUSQUEHANNA HOUSING VENTURES INC
-
RELATED · LOW INCOME HOUSING · PA · 0.01% owned · share of income $0 · share of assets $0
Directly controlled by Francisville East Houising Ventures
-
RELATED · LOW INCOME HOUSING · PA · 0.01% owned · share of income $0 · share of assets $0
Directly controlled by CENTENNIAL VILLAGE HOUSING VENTURES
-
RELATED · LOW INCOME HOUSING · PA · 0.01% owned · share of income $0 · share of assets $0
Directly controlled by SQUARE HOUSING VENTURES
-
RELATED · LOW INCOME HOUSING · PA · 0.01% owned · share of income $0 · share of assets $0
Directly controlled by OFH VENTURES
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C · GENERAL PARTNER · PA · 100% owned · share of income -$417 · share of assets $228,147
Directly controlled by NA
-
C · GENERAL PARTNER · PA · 100% owned · share of income -$149 · share of assets $88,326
Directly controlled by NA
-
C · GENERAL PARTNER · PA · 100% owned · share of income $92 · share of assets $417,967
Directly controlled by NA
-
C · GENERAL PARTNER · PA · 100% owned · share of income -$12 · share of assets $392,665
Directly controlled by NA
-
C · GENERAL PARTNER · PA · 100% owned · share of income -$61 · share of assets $306,753
Directly controlled by NA
-
FRANCISVILLE EAST HOUSING VENTURES INC
C · GENERAL PARTNER · PA · 100% owned · share of income -$44 · share of assets $915,921
Directly controlled by NA
-
CENTENNIAL VILLAGE HOUSING VENTURES INC
C · GENERAL PARTNER · PA · 100% owned · share of income -$89 · share of assets $535,484
Directly controlled by NA
-
C · GENERAL PARTNER · PA · 100% owned · share of income -$193,248 · share of assets -$30,963
Directly controlled by NA
-
C · MAJORITY SHARE HOLDER · PA · 58.76% owned · share of income -$178,381 · share of assets $10,252,727
Directly controlled by NA
-
C · GENERAL PARTNER · PA · 100% owned · share of income -$93 · share of assets $306,007
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2025
- IRS schema version
- 2025v4.1
- Source object
- 202612319349302101
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