Venture Forum Inc
- Assets
- $68.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Worcester, MA
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 46-1129772
Organization Overview
Venture Forum Inc is located in Worcester, MA. The organization was established in 2014. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Venture Forum Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO EDUCATE AND SERVE TECHNOLOGY-BASED ENTREPRENEURIAL ACTIVITY AND ECONOMIC DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Fraser President, Clerk & Director | 4 | $0 | |
Richard Powell Treasurer & Director | 2 | $0 | |
John Brisbois Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $36,097 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,009 |
| Total expenses | $52,106 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,743 |
| Other assets | $0 |
| Total assets | $68,743 |
| Total liabilities | $0 |
| Net assets or fund balances | $68,743 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Venture Forum Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Foundation Inc New York, NY PURPOSE: VOLUNTEER INCENTIVE PROGRAM | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sports Fans Coalition Ny Inc Ronkonkoma, NY | $633,460 | $8,459,536 |
Greater Boston Convention And Tourist Bureau Inc Boston, MA | $3,175,283 | $8,778,402 |
Granite State Economic Development Corp Portsmouth, NH | $20,832,618 | $9,324,758 |
Structured Employment Economic Development Corporation New York, NY | $3,440,081 | $6,983,803 |
Nybdc Local Development Corporation Albany, NY | $39,799,179 | $11,401,541 |
Venture For America Inc New York, NY | $3,605,973 | $6,866,605 |
Trufund Financial Services Inc New York, NY | $14,181,328 | $2,317,905 |
Griffiss Local Development Corporation Rome, NY | $28,823,478 | $3,861,279 |
Metrotech Area District Management Association Inc Brooklyn, NY | $3,270,355 | $4,991,826 |
Kiryas Joel Municipal Local Development Corporation Monroe, NY | $2,561,042 | $4,665,324 |
Connecticut Economic Resource New Haven, CT | $3,997,158 | $4,805,353 |
Greater New Bedford Workforce Investment Board Inc New Bedford, MA | $1,194,439 | $3,887,016 |