Joint Venture Silicon Valley Network is located in San Jose, CA. The organization was established in 1995. As of 06/2023, Joint Venture Silicon Valley Network employed 16 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 06/2023, Joint Venture Silicon Valley Network generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $2.6m during the year ending 06/2023. While expenses have increased by 6.3% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF JOINT VENTURE IS TO FOSTER THE HEALTH AND VITALITY OF SILICON VALLEY FOR ALL THE PEOPLE WHO LIVE AND WORK HERE. WE PURSUE OUR MISSION BY (1) PROVIDING DATA, RESEARCH AND ANALYSIS THROUGH OUR RESEARCH ARM, THE INSTITUTE FOR REGIONAL STUDIES, AND (2) CONVENING THE REGION'S ESTABLISHED AND EMERGING LEADERSACROSS BUSINESS, GOVERNMENT, ACADEMIA, LABOR, AND THE BROADER COMMUNITYTO TAKE UP THE CHALLENGES SPOTLIGHTED BY THE RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTITUTE FOR REGIONAL STUDIES: THE SILICON VALLEY INSTITUTE FOR REGIONAL STUDIES IS THE RESEARCH ARM OF JOINT VENTURE SILICON VALLEY. RESEARCH TOPICS FOCUS ON ECONOMIC AND COMMUNITY ISSUES IN SILICON VALLEY AND THE GREATER BAY AREA, AND ON BROADER REGIONAL ISSUES. THE INSTITUTE CONDUCTS RESEARCH THAT SUPPORTS JOINT VENTURE'S MISSION TO PROVIDE DATA AND ANALYSIS, 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.
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.
FOOD RESCUE INITIATIVE: JOINT VENTURE'S FOOD RECOVERY INITIATIVE SUPPORTS ORGANIZATIONS, BUSINESSES, AND GOVERNMENTS WORKING TO MAKE THE MOST OF SURPLUS FOOD AND TO MINIMIZE THE ENVIRONMENTAL IMPACTS OF FOOD WASTE. FOOD RECOVERY IS A SYSTEM WHEREBY FOOD BANKS AND OTHER ORGANIZATIONS COLLECT AND REDISTRIBUTE SURPLUS FOOD FROM COMMERCIAL SOURCES (SUCH AS GROCERY STORES, RESTAURANTS, AND MORE) TO THOSE IN NEED OF FOOD ASSISTANCE SAFELY, CONVENIENTLY, AND AT LOW OR NO COST. FOOD RECOVERY PLAYS A UNIQUE ROLE IN THE FOOD SUPPLY CHAIN, BRIDGING THE GAP BETWEEN THE ABUNDANCE OF NUTRITIOUS SURPLUS FOOD OUT OF REACH TO SO MANY, AND THOSE WHO NEED IT MOST.
LIGHTHOUSE (SPUN OFF INTO AN INDEPENDENT 501C3 IN DECEMBER 2022) - FORMERLY BUILDING BACK BETTER - WORKED TOWARD AN EQUITABLE REGIONAL RECOVERY AND THE OPPORTUNITY TO CREATE FAMILY-SUSTAINING INCOME OPPORTUNITIES FOR ALL. LIGHTHOUSE SILICON VALLEY CULTIVATES PATHWAYS AND ECOSYSTEM DEVELOPMENT THAT LEADS TO ECONOMIC MOBILITY FOR ALL. PROVIDING REGIONAL LEADERSHIP, THE NETWORK INCLUDES SANTA CLARA AND SAN MATEO COUNTIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Susan Ellenberg Co-Chair | OfficerTrustee | 2 | $0 |
Katie Ferrick Board Member | Trustee | 2 | $0 |
Kelly Kline Board Member | Trustee | 2 | $0 |
Lisa Bowman Board Member | Trustee | 2 | $0 |
Mairtini Nidhomhna Board Member | Trustee | 2 | $0 |
Mark Parnes Board Member | Trustee | 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 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $389,000 |
Related organizations | $0 |
Government grants | $1,227,138 |
All other contributions, gifts, grants, and similar amounts not included above | $950,105 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,566,243 |
Total Program Service Revenue | $0 |
Investment income | $12,998 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$36,919 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,542,322 |
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. | $514,343 |
Compensation of current officers, directors, key employees. | $60,638 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $916,152 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $98,230 |
Payroll taxes | $97,633 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,349 |
Fees for services: Accounting | $76,420 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $7,711 |
Advertising and promotion | $0 |
Office expenses | $86,943 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $141,641 |
Travel | $43,088 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,907 |
Insurance | $13,514 |
All other expenses | $5,011 |
Total functional expenses | $2,639,803 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $366,561 |
Savings and temporary cash investments | $199,459 |
Pledges and grants receivable | $703,103 |
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 | $47,044 |
Net Land, buildings, and equipment | $22,854 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $816,049 |
Total assets | $2,155,070 |
Accounts payable and accrued expenses | $308,616 |
Grants payable | $0 |
Deferred revenue | $167,500 |
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 | $849,908 |
Total liabilities | $1,326,024 |
Net assets without donor restrictions | $355,617 |
Net assets with donor restrictions | $473,429 |
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 | $2,155,070 |
Organization Name | Assets | Revenue |
---|---|---|
Joint Venture Silicon Valley Network San Jose, CA | $2,155,070 | $2,542,322 |
Erudite Technology Group Palo Alto, CA | $1,091,088 | $2,163,999 |
Redlands Educational Partnership Redlands, CA | $387,956 | $1,465,698 |
Industry Initiatives For Science And Math Education Santa Clara, CA | $1,460,267 | $1,556,593 |
Education Alliance Of Washoe County Inc Reno, NV | $251,117 | $749,834 |
San Diego Hua Xia Chinese School Incorporation San Diego, CA | $2,059,332 | $681,491 |
In4all Beaverton, OR | $429,234 | $610,326 |
Centro Latino For Literacy Granada Hills, CA | $186,926 | $461,828 |
Salinas Area Chamber Of Commerce Foundation Salinas, CA | $47,292 | $0 |
The Can Do Kid Fund Mill Valley, CA | $286,050 | -$3,450 |
The Washington Education Foundation Inc Peoria, AZ | $77,036 | $0 |