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
2023-12-01
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
$67,731,085
2023
Total expenses
$57,501,791
2023
Total assets
$1,032,930,060
2023
Num. employees
0
2023

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 7,200
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 19,173
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 3,308

Who funds Self-Help Ventures Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Center for Community Self-HelpCharitable Lending$5,259,171
Opportunity Finance Network (OFN)Finance Justice Fund Subgrant$500,000
Dogwood Health TrustThis Grant Will Support Self-Help Venture Fund To Recapitalize the Mountain Community Capital Fund, A Loan Loss Guarantee Pool.$450,000
...and 2 more grants received

Personnel at Self-Help Ventures Fund

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

Financials for Self-Help Ventures Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,975,299
Program services$58,452,626
Investment income and dividends$6,790,401
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$625,972
Net gain from sale of non-inventory assets$-113,213
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$67,731,085

Form 990s for Self-Help Ventures Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-12990View PDF
2022-122023-10-25990View PDF
2021-122022-10-31990View PDF
2020-122021-11-01990View PDF
2019-122021-02-22990View PDF
...and 11 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
Corporate foundationsBusiness and community development organizationsFamily service centersChapter / child organizationsCharities
Issues
Community improvementEconomic development
Characteristics
LobbyingReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
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
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
CT0144792
FTB Entity ID
3001842
AB 488 data last updated ("as-of") date
2024-12-31
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