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Nonprofiteer
← VENTURE JOBS FOUNDATION INC

Form 990 for tax year 2023

Filed by VENTURE JOBS FOUNDATION INC.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 15 January 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$270,580 changed to $345,580
Total expenses
$327,705 changed to $327,398
Contributions and grants received
$260,953 changed to $335,953
Total liabilities, end of year
$521,389 changed to $346,389
Net assets or fund balances, end of year
$260,254 changed to $435,254
Program services expenses
$219,527 changed to $308,908
Management and general expenses
$108,178 changed to $18,490
Program service expenses (Part III)
$219,527 changed to $308,908

Totals

Total revenue
$270,580
Total expenses
$327,705
Contributions and grants received
$260,953
Grants paid
$0
Program service revenue
$4,746
Investment income
$4,881
Other revenue
$0
Total assets, end of year
$781,643
Total liabilities, end of year
$521,389
Net assets or fund balances, end of year
$260,254
Program services expenses (Part IX)
$219,527
Management and general expenses
$108,178
Fundraising expenses
$0
Program service expenses (Part III)
$219,527

Program services were 67.0% 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)

    $225,000

  • 1f · All other contributions, gifts and grants

    $35,953

  • 2a · Program service revenue: MICRO. LOAN INTEREST

    total $4,746 · related or exempt $4,746

  • 3 · Investment income

    total $4,881 · excluded $4,881

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $32,500 · management and general $32,500

  • 11b · Fees: legal

    total $25 · management and general $25

  • 11c · Fees: accounting

    total $10,848 · management and general $10,848

  • 11g · Fees: other

    total $119,058 · program services $100,866 · management and general $18,192

  • 12 · Advertising and promotion

    total $80,376 · program services $80,376

  • 13 · Office expenses

    total $3,062 · management and general $3,062

  • 14 · Information technology

    total $324 · management and general $324

  • 16 · Occupancy

    total $3,829 · management and general $3,829

  • 17 · Travel

    total $2,159 · management and general $2,159

  • 20 · Interest

    total $1,174 · management and general $1,174

  • 23 · Insurance

    total $1,137 · management and general $1,137

  • 24a · Other expenses: EVENT EXPENSES

    total $37,327 · program services $37,327

  • 24b · Other expenses: PROVISION FOR BAD DEBTS

    total $33,700 · management and general $33,700

  • 24c · Other expenses: BANK FEES

    total $958 · program services $958

  • 24d · Other expenses: MISCELLANEOUS

    total $829 · management and general $829

  • 24e · All other expenses

    total $399 · management and general $399

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $379,234 · end of year $174,679

  • 2 · Savings and temporary cash investments

    end of year $369,214

  • 7 · Other notes and loans receivable

    beginning of year $64,996 · end of year $236,823

  • 9 · Prepaid expenses and deferred charges

    beginning of year $293 · end of year $502

  • 10a · Land, buildings and equipment: cost or other basis

    $757

  • 10b · Land, buildings and equipment: accumulated depreciation

    $757

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $425 · end of year $425

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,415 · end of year $898

  • 19 · Deferred revenue

    beginning of year $100,000 · end of year $175,000

  • 23 · Secured mortgages and notes payable

    end of year $325,000

  • 25 · Other liabilities

    beginning of year -$309 · end of year $20,491

  • 27 · Net assets without donor restrictions

    beginning of year $38,984 · end of year -$18,141

  • 28 · Net assets with donor restrictions

    beginning of year $303,858 · end of year $278,395

Mission and programs · 2023

Mission

TO INVEST IN BUSINESSES THAT HAVE THE POTENTIAL TO CREATE NEW JOB OPPORTUNITIES IN WESTERN AND CENTRAL NEW YORK.

  • TO INVEST IN BUSINESSES THAT HAVE THE POTENTIAL TO CREATE NEW JOB OPPORTUNITIES IN WESTERN AND CENTRAL NEW YORK.

    Expenses $219,527 · Revenue $4,746

As filed on the 2023 return.

Listed in Part VII

  • Mohammad Mo Ahamed

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rachel Baker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lawrence N Chessin MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ralph Dandrea

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dennis M Deleo Esq

    PRESIDENT

    Total calculated
    $0
    Hours/week
    30

  • Calvin Eaton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    30

  • Steven Gersz Esq

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Warren Hern

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michel Ingham

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Howard Jacobson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Parrinello CPA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Heidi Romer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brad Rye

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Truman Tolefree

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jeffrey Valentine

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Christine Wagner Ssj PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Antonia Toni Wynter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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.

Provenance

Return type
form_990
Tax year
2023
Filed
12 November 2024
IRS schema version
2023v5.1
Source object
202433209349302843

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