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EIN 38-3024297

Venture

IRS 501(c) type
501(c)(3)
Num. employees
2
City
Pontiac
State
Michigan
Year formed
1991
Most recent tax filings
2022-12-01
NTEE code, primary
L80: Housing Support Services
Description
Venture will provide energy-efficient and affordable housing for low and moderate-income individuals by facilitating home purchase, rehabilitation, construction, and lending. It aims to increase the amount of affordable housing in Oakland and Livingston Counties. During 2022, Venture continued its work in the GM Modern Housing neighborhood by rehabilitating owner-occupied homes and starting construction of its new project.
Related structure
Venture is a subordinate organization under Oakland Livingston Human Service Agency (OLHSA).
Total revenues
$471,444
2022
Total expenses
$704,103
2022
Total assets
$351,748
2022
Num. employees
2
2022

Program areas at Venture

To increase the amount of affordable housing within oakland and livingston counties. During 2022, Venture continued its work in the gm modern housing neighborhood by doing some owner occupied rehabilitation work. Venture also started construction of its fourth house build utilizing funding from oakland county in partnership with the oakland schools technical campus in pontiac.

Who funds Venture

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Enterprise Community PartnersCapacity Building$30,000

Personnel at Venture

NameTitleCompensation
Susan HardingChief Executive Officer$0
Brad MichaudPresident / Vice - Chairman$0
Ron BorngesserChairman

Financials for Venture

RevenuesFYE 12/2022
Total grants, contributions, etc.$416,370
Program services$0
Investment income and dividends$32,615
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$22,459
Total revenues$471,444

Form 990s for Venture

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-09990View PDF
2021-122022-11-14990View PDF
2020-122021-11-02990View PDF
2019-122021-04-01990View PDF
2018-122020-01-16990View PDF
...and 9 more Form 990s
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 31, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 22, 2023
Received grants
Identified 1 new grant, including a grant for $30,000 from Enterprise Community Partners
August 15, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Housing and shelter organizationsChapter / child organizationsCharities
Issues
Human servicesHousing
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
196 Cesar E Chavez Ave
Pontiac, MI 48342
Metro area
Detroit-Warren-Dearborn, MI
County
Oakland County, MI
Website URL
olhsa.org/en-us/ 
Phone
(248) 209-2600
IRS details
EIN
38-3024297
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L80: Housing Support Services
NAICS code, primary
62422: Community Housing Services
Parent/child status
Subordinate organization
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