Totals
- Total revenue
- $232,516
- Total expenses
- $161,261
- Contributions and grants received
- $159,889
- Grants paid
- $0
- Program service revenue
- $71,786
- Investment income
- $841
- Other revenue
- $0
- Total assets, end of year
- $835,293
- Total liabilities, end of year
- $28,643
- Net assets or fund balances, end of year
- $806,650
- Program services expenses (Part IX)
- $109,776
- Management and general expenses
- $51,485
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $109,776
Program services were 68.1% 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.
-
1f · All other contributions, gifts and grants
$159,889
-
2a · Program service revenue: HOME OWNERSHIP CLASSES
total $71,786 · related or exempt $71,786
-
3 · Investment income
total $841 · excluded $841
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $1,746 · management and general $1,746
-
11a · Fees: management
total $9,691 · management and general $9,691
-
11c · Fees: accounting
total $10,320 · management and general $10,320
-
11f · Fees: investment management
total $43 · management and general $43
-
13 · Office expenses
total $19,024 · program services $4,084 · management and general $14,940
-
17 · Travel
total $256 · management and general $256
-
19 · Conferences, conventions and meetings
total $6,249 · program services $3,367 · management and general $2,882
-
23 · Insurance
total $2,065 · management and general $2,065
-
24a · Other expenses: HOLIDAY TOY DRIVE
total $102,026 · program services $102,026
-
24b · Other expenses: ADMIN-EXPENDABLE EQUIPM
total $6,894 · management and general $6,894
-
24c · Other expenses: MISCELLANEOUS
total $2,648 · management and general $2,648
-
24d · Other expenses: ACADEMY CURRICULUM
total $299 · program services $299
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $537,436 · end of year $773,600
-
2 · Savings and temporary cash investments
beginning of year $52,871 · end of year $22,161
-
4 · Accounts receivable
beginning of year $172,150 · end of year $39,457
-
9 · Prepaid expenses and deferred charges
beginning of year $1,425 · end of year $75
-
17 · Accounts payable and accrued expenses
beginning of year $29,283 · end of year $28,643
-
27 · Net assets without donor restrictions
beginning of year $600,435 · end of year $806,650
-
28 · Net assets with donor restrictions
beginning of year $134,164 · end of year $0
Mission and programs · 2022
Mission
THE MISSION OF DENVER COMMUNITY VENTURES IS TO PROMOTE SELF-SUFFICIENCY AND INDEPENDENT LIVING FOR LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS.
Activities or mission (Part I)
PROMOTE SELF-SUFFICIENCY AND INDEPENDENCE FOR LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS.
-
DENVER COMMUNITY VENTURES PROVIDES ESSENTIAL FUNDING TO DENVER HOUSING AUTHORITY'S (DHA) RESIDENT AND COMMUNITY SERVICES DEPARTMENT (RCS) TO PROMOTE AND DELIVER SERVICES FOR RESIDENTS IN AND AROUND DHA'S AFFORDABLE HOUSING COMMUNITIES. THE ULTIMATE GOAL IS TO MOVE RESIDENTS TO SELF-SUFFICIENCY BY LINKING THEM TO SUPPORTIVE SERVICES AND RESOURCES THAT BUILD SKILLS AND SELF-ESTEEM, IN ORDER TO ENHANCE THEIR QUALITY OF LIFE. THIS SUPPLEMENTAL FUNDING HELPS DHA SUSTAIN CURRENT PROGRAMS AND LEVELS OF SERVICE AND BRIDGES GAPS WHEN FEDERAL FUNDING IS REDUCED OR DOES NOT MEET CRITICAL NEEDS. CONTINUED ON SCHEDULE O:THE PRIMARY FOCUS AREAS FOR RESIDENT PROGRAMMING, IN 2022 INCLUDED: (1) OFFERING ECONOMIC SELF-SUFFICIENCY PROGRAMMING THAT CONNECTED RESIDENTS TO SKILL BUILDING, JOB TRAINING AND CAREER COACHING, FINANCIAL LITERACY EDUCATION, DEBT REDUCTION AND CREDIT BUILDING CASE MANAGEMENT, AND FIRST-TIME HOMEBUYER EDUCATION AND COUNSELING; (2) PROVIDING RESOURCES FOR SENIORS AND DISABLED ADULTS TO AGE-IN-PLACE AND LIVE MORE INDEPENDENTLY; AND (3) BRINGING AFFORDABLE HIGH-SPEED DIGITAL ACCESS, COMPUTERS, AND TRAINING TO ALL RESIDENTS, TO FURTHER PROMOTE RESIDENT SELF-SUFFICIENCY AND ECONOMIC INDEPENDENCE FOR ALL AGE GROUPS.
Expenses $109,776 · Revenue $71,786
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Guy MorissetteGUY MORISSETTE
CHAIR
- Total calculated
- $0
- Hours/week
- 0.25
-
Annie HanckockANNIE HANCKOCK
SECRETARY
- Total calculated
- $157,631
- From this org
- $0
- From related orgs
- $134,659
- Other
- $22,972
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $134,659 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $13,665 related
- Nontaxable benefits
- $0 + $9,307 related
- Filer's total
- $0 + $157,631 related
-
Renee NicolosiRENEE NICOLOSI
SECRETARY
- Total calculated
- $66,211
- From this org
- $0
- From related orgs
- $56,215
- Other
- $9,996
- Hours/week
- 3.5
-
Ben WilliamsBEN WILLIAMS
TREASURER
- Total calculated
- $0
- Hours/week
- 0.25
-
David NisivocciaDAVID NISIVOCCIA
BOARD MEMBER
- Total calculated
- $380,178
- From this org
- $0
- From related orgs
- $340,438
- Other
- $39,740
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $340,438 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $33,166 related
- Nontaxable benefits
- $0 + $6,574 related
- Filer's total
- $0 + $380,178 related
-
Maro CasparianMARO CASPARIAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Michael PetrakMICHAEL PETRAK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Marian LawrenceMARIAN LAWRENCE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Milford AdamsMILFORD ADAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Dan VillanuevaDAN VILLANUEVA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Anton BengstonANTON BENGSTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Charles Gilford IIICHARLES GILFORD III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Lauren MoneyLAUREN MONEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
-
Amy FidelisAMY FIDELIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.25
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
DENVER HOUSING AUTHORITY
GOVERNMENT · LOW INCOME HOUSING · CO
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 23 August 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312549349301406
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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