EIN 58-1562750

Self-Help Ventures Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
1984
Most recent tax filings
2022-12-01
Description
The Self-Help Ventures Fund aims to create and protect ownership and economic opportunity for marginalized individuals and communities by developing historic buildings, constructing new buildings, providing affordable retail and commercial spaces, and facilitating a secondary market for home mortgages at reasonable rates. The organization is based in Durham, NC.
Related structure
Self-Help Ventures Fund is a subordinate organization under Self-Help Services Corporation.
Also known as...
Englewood Investment Corporation
Total revenues
$95,498,767
2022
Total expenses
$43,396,272
2022
Total assets
$1,009,821,673
2022
Num. employees
0
2022

Program areas at Self-Help Ventures Fund

Economic development through the renovation of historic buildings, construction of new buildings in distressed communities. Providing quality, affordable retail, community facilities and commercial rental space to revitalize and stabilize distressed communities.Economic development through provision of rental property in distressed and blighted areas,Total beneficiaries = approximately 4,662
Facilitation of a secondary market at reasonable rates on a substainable basis for home mortgages made to low-income and minority buyers who live in distressed communities to make homeownership more widely available to these families.Total beneficiaries = approximately 20,757
Charitable loans and investments to community development projects employing low-income, minority and unemployed persons; to projects in low-income,minority, rural and distressed communities; and to charitable organizations.Total beneficiaries = approximately 4,995

Who funds Self-Help Ventures Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Center for Community Self-HelpCharitable Lending$5,259,171
Dogwood Health TrustThis Grant Will Support Self-Help Venture Fund To Recapitalize the Mountain Community Capital Fund, A Loan Loss Guarantee Pool.$450,000
Service Employees International Union - National Fast Food Workers UnionSupport$40,000
...and 1 more grant received

Personnel at Self-Help Ventures Fund

NameTitleCompensation
Randy ChambersTreasurer and Secretary$0
Scott McKinneyController
Laura BenedictPresident$0
Martin EakesCeodirector$0

Financials for Self-Help Ventures Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$36,923,780
Program services$56,038,772
Investment income and dividends$2,136,343
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$606,723
Net gain from sale of non-inventory assets$-206,851
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$95,498,767

Form 990s for Self-Help Ventures Fund

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-25990View PDF
2021-122022-10-31990View PDF
2020-122021-11-01990View PDF
2019-122021-02-22990View PDF
2018-122019-11-15990View PDF
...and 10 more Form 990s
Data update history
December 23, 2023
Received grants
Identified 1 new grant, including a grant for $450,000 from Dogwood Health Trust
December 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 4, 2023
Updated personnel
Identified 2 new personnel
November 28, 2023
Used new vendors
Identified 3 new vendors, including , , and
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Business and community development organizationsFamily service centersChapter / child organizationsCharities
Issues
Community improvementEconomic development
Characteristics
LobbyingReceives government fundingTax deductible donationsNo full-time employees
General information
Address
301 W Main St
Durham, NC 27701
Metro area
Durham-Chapel Hill, NC
County
Durham County, NC
Website URL
self-help.org/ 
Phone
(919) 956-4400
IRS details
EIN
58-1562750
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Subordinate organization
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