Venikov Foundation Company
- Assets
- $728.5k
- Revenue
- $645.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Roseville, CA
- Founding
- Data as of
- 12/2023
- EIN
- 85-1425695
Organization Overview
Venikov Foundation Company is located in Roseville, CA. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, 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. Venikov Foundation Company is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
VENIKOV VETERAN FOUNDATION PROVIDES VETERANS AND THEIR FAMILIES WITH SHELTER, ALLOWING THEM TO RECOVER FROM THEIR INJURIES AND TRAUMA WITH THE COMFORT, DIGNITY AND RESPECT THAT THEY DESERVE.
THE FOUNDATION ACQUIRED LAND FROM DONORS UPON WHICH HOUSING WILL BE BUILT TO HOUSE VETERANS AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mikhail Venikov President | 10 | $0 | |
Eileen Venikov Vice President | 1 | $0 | |
Hazel Londyn Venikov Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $632,087 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,019 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,687 |
| Capital Gain Net Income | $12,687 |
| Net ST Capital Gain | $12,687 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $645,793 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,967 |
| Printing and publications | $231 |
| Other expenses | $1,817 |
| Total operating and administrative expenses | $5,787 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $5,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,809 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $620,667 |
| Other assets | $0 |
| Total assets | $728,476 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | -$138 |
| Total liabilities | -$138 |