Joint Venture Silicon Valley Network is located in San Jose, CA. The organization was established in 1995. As of 06/2022, Joint Venture Silicon Valley Network employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joint Venture Silicon Valley Network is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Joint Venture Silicon Valley Network generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $2.7m during the year ending 06/2022. While expenses have increased by 10.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S GOAL IS TO BUILD A COMMUNITY COLLABORATING TO COMPETE GLOBALLY. THE ORGANIZATION BRINGS TOGETHER PEOPLE IN BUSINESS, GOVERNMENT, EDUCATION, AND THE COMMUNITY TO TAKE ACTION ON IMPORTANT REGIONAL ISSUES THAT AFFECT THE ECONOMIC VITALITY AND QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIGHTHOUSE, FORMERLY BUILDING BACK BETTER - JOINT VENTURE'S LIGHTHOUSE INITIATIVE IS WORKING TOWARD AN EQUITABLE REGIONAL RECOVERY AND THE OPPORTUNITY TO CREATE FAMILY-SUSTAINING INCOME OPPORTUNITIES FOR ALL. LIGHTHOUSE IS A JEDI FOCUSED (JUSTICE, EQUITY, DIVERSITY AND INCLUSION) CENTER OF EXCELLENCE WORKING WITH LEADERS ACROSS INDUSTRIES AND SECTORS TO CREATE A RELATIONSHIP-BASED ECOSYSTEM THAT SUPPORTS A SILICON VALLEY ECONOMY WHERE ALL FAMILIES CAN SUSTAIN AND THRIVE. LIGHTHOUSE AIMS TO PROVIDE EXPERTISE, RESEARCH, BACKBONE INFRASTRUCTURE, AND A FRAMEWORK TO CONVENE STAKEHOLDERS FOR REGIONAL EFFORTS IN CLOSE PARTNERSHIP WITH THE ORIGINAL BRIDGE TO RECOVERY (B2R) NETWORK WHICH IS NOW KNOWN AS THE LIGHTHOUSE NETWORK.
INSTITUTE FOR REGIONAL STUDIES - THE SILICON VALLEY INSTITUTE FOR REGIONAL STUDIES IS THE RESEARCH ARM OF JOINT VENTURE SILICON VALLEY AND HOUSED WITHIN THE ORGANIZATION. RESEARCH TOPICS FOCUS ON ECONOMIC AND COMMUNITY HEALTH ISSUES IN SILICON VALLEY AND THE GREATER BAY AREA, AND ON BROADER REGIONAL ISSUES. THE INSTITUTE CONDUCTS RESEARCH THAT SUPPORTS JOINT VENTURE'S PROGRAMMATIC AREAS, MANAGES A VARIETY OF REGIONAL RESOURCES FOR THE PUBLIC BENEFIT, AND PROVIDES A STREAM OF RESEARCH PRODUCTS TO THE COMMUNITY ON A REGULAR BASIS. THE INSTITUTE ALSO CONDUCTS WORK ON A CONTRACT BASIS, RANGING FROM CUSTOM DATA REQUESTS TO FULL RESEARCH STUDIES.
FOOD RECOVERY, FORMERLY FOOD RESCUE - JOINT VENTURE'S FOOD RECOVERY INITIATIVE HELPS TO MAKE NUTRITIOUS SURPLUS FOOD SAFELY AND CONVENIENTLY AVAILABLE TO OUR NEIGHBORS WHO NEED IT MOST, WHILE MINIMIZING THE ENVIRONMENTAL IMPACTS OF WASTED FOOD. THE INITIATIVE STRENGTHENS THE LOCAL FOOD RECOVERY ECOSYSTEM BY SPURRING FUNDING AND INNOVATION; PROPAGATING FOOD WASTE PREVENTION AND RECOVERY STRATEGIES; AND SUPPORTING GOVERNMENT PROGRAMS FOCUSED ON THE FOOD SECTOR.
FOOD RECOVERY, FORMERLY FOOD RESCUE - JOINT VENTURE'S FOOD RECOVERY INITIATIVE HELPS TO MAKE NUTRITIOUS SURPLUS FOOD SAFELY AND CONVENIENTLY AVAILABLE TO OUR NEIGHBORS WHO NEED IT MOST, WHILE MINIMIZING THE ENVIRONMENTAL IMPACTS OF WASTED FOOD. THE INITIATIVE STRENGTHENS THE LOCAL FOOD RECOVERY ECOSYSTEM BY SPURRING FUNDING AND INNOVATION; PROPAGATING FOOD WASTE PREVENTION AND RECOVERY STRATEGIES; AND SUPPORTING GOVERNMENT PROGRAMS FOCUSED ON THE FOOD SECTOR.CIVIC TECHNOLOGY - JOINT VENTURE'S CIVIC TECHNOLOGIES INITIATIVE WORKS TO DEEPEN SILICON VALLEY'S BROADBAND PENETRATION, AND BRING IT DIRECTLY TO PEOPLE IN THE COMMUNITY. THE PROGRAM WORKS PRIMARILY IN TWO FOCUS AREAS: COMMUNITY BROADBAND AND WIRELESS COMMUNICATIONS.SVEDA - THE SILICON VALLEY ECONOMIC DEVELOPMENT ALLIANCE (SVEDA) IS COMPRISED OF CITIES AND COUNTIES FOCUSED ON ACHIEVING INDIVIDUAL AND REGIONAL ECONOMIC DEVELOPMENT GOALS WHILE MAXIMIZING SCARCE RESOURCES. THEY ARE COMMITTED TO ADDRESSING BUSINESS NEEDS, WHETHER THROUGH LOCAL GOVERNMENT POLICY AND STREAMLINED PERMITTING PROCESSES, OR LINKING BUSINESSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Russel Hancock President/ceo | Officer | 40 | $370,125 |
Mick Greco Executive VP | Officer | 40 | $154,195 |
Kara Gross Executive Director, Sveda | 32 | $147,429 | |
Rachel Massaro VP And Director Of Researc | 32 | $134,827 | |
Nicole Taylor Co-Chair | OfficerTrustee | 2 | $0 |
Dave Wehner Co-Chair | OfficerTrustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Oku Solutions Program Consulting | 6/29/20 | $163,940 |
Kara Ann Gross Consulting | 6/29/20 | $134,933 |
Kara Ann Gross Consulting | 6/29/20 | $134,933 |
Oku Solutions Program Consulting | 6/29/20 | $163,940 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $377,425 |
Related organizations | $0 |
Government grants | $1,179,944 |
All other contributions, gifts, grants, and similar amounts not included above | $1,104,675 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,662,044 |
Total Program Service Revenue | $0 |
Investment income | $4,117 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$55,371 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,610,790 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $466,135 |
Compensation of current officers, directors, key employees. | $55,125 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,283,319 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $139,162 |
Payroll taxes | $126,929 |
Fees for services: Management | $0 |
Fees for services: Legal | $18,229 |
Fees for services: Accounting | $79,550 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $20,000 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,593 |
Advertising and promotion | $0 |
Office expenses | $9,143 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $46,198 |
Travel | $21,649 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $686 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,865 |
Insurance | $7,355 |
All other expenses | $339 |
Total functional expenses | $2,705,667 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $712,027 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $528,645 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $20,965 |
Net Land, buildings, and equipment | $12,816 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $939,990 |
Total assets | $2,214,443 |
Accounts payable and accrued expenses | $311,728 |
Grants payable | $0 |
Deferred revenue | $5,000 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $971,188 |
Total liabilities | $1,287,916 |
Net assets without donor restrictions | $593,605 |
Net assets with donor restrictions | $332,922 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,214,443 |
Over the last fiscal year, we have identified 4 grants that Joint Venture Silicon Valley Network has recieved totaling $122,106.
Awarding Organization | Amount |
---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Community Development | $97,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $15,000 |
Wilson Sonsini Goodrich & Rosati Foundation Palo Alto, CA PURPOSE: General Operating Support | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $106 |
Organization Name | Assets | Revenue |
---|---|---|
Joint Venture Silicon Valley Network San Jose, CA | $2,214,443 | $2,610,790 |
Erudite Technology Group Palo Alto, CA | $765,179 | $2,142,854 |
Education Alliance Of Washoe County Inc Reno, NV | $264,341 | $1,237,321 |
Redlands Educational Partnership Redlands, CA | $453,963 | $1,292,984 |
Industry Initiatives For Science And Math Education Santa Clara, CA | $1,220,859 | $942,282 |
In4all Beaverton, OR | $498,030 | $703,451 |
San Diego Hua Xia Chinese School Incorporation San Diego, CA | $1,912,056 | $607,317 |
The Can Do Kid Fund Mill Valley, CA | $361,007 | $2,178 |
The Washington Education Foundation Inc Peoria, AZ | $86,545 | $0 |
Salinas Area Chamber Of Commerce Foundation Salinas, CA | $58,641 | $0 |
Centro Latino For Literacy Granada Hills, CA | $22,784 | $0 |