Velocity 7 is located in Grass Valley, CA. The organization was established in 2018. According to its NTEE Classification (W02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Velocity 7 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 12/2021, Velocity 7 generated $19.0 in total revenue. All expenses for the organization totaled $1.0k during the year ending 12/2021.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SUPPORT THE RESEARCH, DEVELOPMENT, DEMONSTRATION AND COMMERCIALIZATION OF ADVANCED ENERGY, TRANSPORTATION, AND MANUFACTURING TECHNOLOGIES FOR THE BENEFIT OF THE RESIDENTS OF CALIFORNIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shawn Garvey Director | 2 | $0 | |
Mark Filiminov Director | 2 | $0 | |
Matthew Hart Director/cfo | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $19 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $19 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,000 |
Total expenses | $1,000 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $36,918 |
Other assets | $0 |
Total assets | $36,918 |
Total liabilities | $0 |
Net assets or fund balances | $36,918 |
Organization Name | Assets | Revenue |
---|---|---|
City Of San Francisco Japan Center Garage Corporation San Francisco, CA | $1,686,245 | $3,353,434 |
Fanangel Foundation Inc Morro Bay, CA | $56,980 | $2,499,077 |
Greeninfo Network Oakland, CA | $863,821 | $1,793,216 |
Credit Union Self-Insured Group Of California Inc Orangevale, CA | $33,798,400 | $3,836,752 |
Kern County Builders Exchange Inc Bakersfield, CA | $2,032,932 | $706,354 |
Bay Area Builders Exchange San Leandro, CA | $5,175,622 | $531,559 |
Nevada County Builders Exchange Grass Valley, CA | $1,436,297 | $396,900 |
De Novo Group Beaverton, OR | $295,443 | $0 |
San Luis Obispo County Builders Exchange San Luis Obispo, CA | $1,116,563 | $276,034 |
Oregon Workforce Partnership Salem, OR | $33,141 | $137,903 |
Decurion Institute For Wholeness And Development Los Angeles, CA | $0 | $128,272 |
Project Management Institute Irvine, CA | $329,943 | $97,920 |