COMMUNITY VENTURES INC
Transforming communities with sustainable, affordable housing through neighborhood partnerships.
Mission
Community Venture's mission is to work in partnership with neighborhood-based organizations to improve communities and to increase the supply of affordable housing. Where possible, Community Ventures continues to work with its locally-based partners over a long period, carrying out a series of projects to establish momentum for the stabilization and improvement of the local real estate market. In neighborhoods where the private market is strong, Community Ventures aims to preserve or expand affordable housing options. In all of its work, Community Ventures strives to achieve the highest levels of environmental sustainability and to produce beautiful and high quality neighborhoods.
Ruling year
2017
Executive Director
Mr. David La Fontaine
Main address
1501 Cherry Street
Philadelphia, PA 19102 USA
EIN
23-2462126
NTEE code
Housing Development, Construction, Management (L20)
Housing Rehabilitation (L25)
Community, Neighborhood Development, Improvement (S20)
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
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Communication
Programs and results
What we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Affordable Housing Programs
Community Ventures develops affordable rental and for-sale housing for low-, moderate- and middle-income families using public and private subsidy. To date, Community Ventures has built or renovated 312 houses and apartments for rent, 126 houses for sale, and 39 permanent supportive housing units in Philadelphia neighborhoods. Community Ventures manages all of its rental properties.
Rebuild
Rebuilding Community Infrastructure (Rebuild) is a City of Philadelphia program to invest hundreds of millions of dollars to improve neighborhood parks, recreation centers, and libraries. Community Ventures has been selected as one of the 20 non-profit organizations to manage Rebuild projects. These non-profits are known as “Project Users” for Rebuild. CV is currently managing five Rebuild projects with a combined investment of $43 million in capital improvements.
Where we work
External reviews
Financials
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Operations
The people, governance practices, and partners that make the organization tick.
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COMMUNITY VENTURES INC
Board of directorsas of 04/06/2022
Nancy Wagner-Hislip
Reinvestment Fund
Thomas Williams
Nancy Wagner-Hislip
Reinvestment Fund
H. Ahada Stanford
Retired, City of Philadelphia Commerce Department
H. Alden Blyth, Jr.
Alden Blyth Architect LLC
Rob Fleming
University of Pennsylvania
John Howard
Retired, Becker & Frondorf
Mark McGuigan
Nina Liou
The Liou Choice LLC
Deborah McColloch
Retired, City of Philadelphia
Rebecca Johnson
AIA Philadelphia & Center for Architecture and Design
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
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Race & ethnicity
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