COMMUNITY VENTURES INC

Transforming communities with sustainable, affordable housing through neighborhood partnerships.

Philadelphia, PA   |  www.community-ventures.org

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 info

2017

Principal Officer

Mr. David La Fontaine

Main address

1501 Cherry Street

Philadelphia, PA 19102 USA

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EIN

23-2462126

NTEE code info

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

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Our programs

SOURCE: Self-reported by organization

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 275 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.

Population(s) Served

Where we work

Financials

COMMUNITY VENTURES INC
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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COMMUNITY VENTURES INC

Board of directors
as of 1/9/2020
SOURCE: Self-reported by organization
Board chair

Nancy Wagner-Hislip

Reinvestment Fund

Thomas Williams

Nancy Wagner-Hislip

Reinvestment Fund

H. Ahada Stanford

City of Philadelphia Commerce Department

H. Alden Blyth, Jr.

Alden Blyth Architect LLC

Rob Fleming

Jefferson (Philadelphia University + Thomas Jefferson University)

John Howard

Becker & Frondorf

Mark McGuigan

Action Reconciliation

Nina Liou

EJP Consulting Group, LLC

Deborah McColloch

Retired, City of Philadelphia

Rebecca Johnson

AIA Philadelphia & Center for Architecture and Design

Howard Ways, III

Jefferson (Philadelphia University + Thomas Jefferson University)

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No