Venture House INC

Tax-deductible

Jamaica, NY501(c)(3)Since 1988EIN 11-2890587Revenue $9.7M in FY2024

On file with the IRSventurehouse.org15010 Hillside Ave, 11432-3320 · Jamaica, NYTax-exempt since Jan 1989Publicly supported charity — 170(b)(1)(A)(vi)

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Venture House is dedicated to the wellness and recovery of people living with mental illness. We are a community of mutual support that provides our members with opportunities to gain skills, confidence and respect as co-workers, neighbors, friends and citizens.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Run by 9 volunteers and 47 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $739K a year · 13% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$801K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $105K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$19.6M
79% of total assets
Worth a look: liabilities are 79% of assets; over 65%.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.7M
+4% vs prior year
Spent
$9.8M
To programs
85%
Net assets
$5.3M
By yearFY2020–FY2024
Revenue
$9.7M
FY2024▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.0M
FY2021$4.0M
FY2022$4.6M
FY2023$6.1M
FY2024$9.3M
FY2024$9.7M
Expenses
$9.8M
FY2024▲ +46%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.7M
FY2021$3.7M
FY2022$4.4M
FY2023$5.9M
FY2024$6.7M
FY2024$9.8M
Net assets
$5.3M
FY2024▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.9M
FY2021$2.2M
FY2022$2.4M
FY2023$2.6M
FY2024$5.2M
FY2024$5.3M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $8.3M Management & general 15% · $1.5M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $801K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$238,392Pt VII · Sec A
$172,168Pt VII · Sec A
Program Dire
$135,944Pt VII · Sec A
Program Dire
$129,471Pt VII · Sec A
Program Dire
$125,130Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Juliet Douglas$238,392$186,610$202,013$159,995$155,277$155,893
Norman Bailey$172,168$157,611$127,724$113,930$108,000$108,000
David Plotka$135,944$128,752$105,489———
Faqueni Ravel$129,471$120,100————
Larry Jones$125,130$100,600————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Venture House INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports mental wellness and recovery through community, skill-building, and fostering respect.

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Provided by the organization

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3 programs · $8.3M · in their own filed words · FY2024
01

Psychosocial Clubhouses

Venture house, inc. Offers its services through two psychosocial clubhouses whereby it assists adults who are living with mental illness achieve recovery through improved access to employment, education, recreation, affordable housing, meaningful relationships, and community engagement in an environment of mutual acceptance and…

$4.8Mprogram expense
02

Supported Housing

Venture house, inc. Locates and subsidizes housing for individuals livings with mental illness.

$3.5Mprogram expense
03

Supported Employment

Venture house, inc. Assists individuals living with a mental illness in developing job skills for FULLTIME/PART time PERMANENT/TEMPORARY job placements.

$86Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$9.7M
Ln 12
Gifts and grantsLn 1h$9.3M
Fees for servicesLn 2g$316K
Other incomeLn 4–11$69K
Money outPt IX
$9.8M
Ln 25
Programscol B$8.3M
Managementcol C$1.5M
Owns and owesPt X
$5.3M
net assets · Ln 32
Cash and savingsLn 1–2$2.7M
Total assetsLn 16$25.0M
LiabilitiesLn 26$19.6M
PeoplePt VI, VII
15
listed · VII A
PaidVII A5
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$9.3M
Government grantsLn 1e$9.0M
Fundraising eventsLn 1c$81K
Fees for servicesLn 2g$316K
Investment incomeLn 3$28K
Other incomeLn 4–11$69K
Total revenueLn 12$9.7M
Assets in detailPt X, end of year
CashLn 1$597K
SavingsLn 2$2.1M
Cash and savings togetherLn 1–2$2.7M
Land, buildings, equipmentLn 10c$3.8M
Other assetsLn 15$14.1M
Total assetsLn 16$25.0M
LiabilitiesLn 26$19.6M
Net assetsLn 32$5.3M
OperationsPt I, VI
EmployeesI 547
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$3.4M$2.7M
Land, buildings, equipmentLn 10c$496K$3.8M
Total assetsLn 16$6.6M$25.0M
LiabilitiesLn 26$1.4M$19.6M
Net assetsLn 32$5.2M$5.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$521K$521K
Other salaries and wagesLn 7$3.1M$2.8M$278K
Pension plan contributionsLn 8$115K$98K$17K
Other employee benefitsLn 9$573K$489K$84K
Payroll taxesLn 10$282K$233K$49K
Accounting feesLn 11c$20K$20K
Other fees for servicesLn 11g$86K$31K$54K
Advertising and promotionLn 12$78K$30K$48K
Office expensesLn 13$15K$14K$333
OccupancyLn 16$999K$992K$7K
TravelLn 17$37K$24K$13K
Conferences, conventions and meetingsLn 19$141K$123K$17K
InterestLn 20$24K$24K
Depreciation, depletion and amortizationLn 22$71K$71K
InsuranceLn 23$137K$129K$7K
Other expenses (24a–d)Ln 24$2.8M$2.8M$21K
All other expensesLn 24e$814K$560K$254K
Total functional expensesLn 25$9.8M$8.3M$1.5M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $9.3M$6.7M$2.6M$5.2M 990 PDF
FY2023 $6.1M$5.9M$203K$2.6M 990 PDF
FY2022 $4.6M$4.4M$231K$2.4M 990 PDF
FY2021 $4.0M$3.7M$282K$2.2M 990 PDF
FY2020 $4.0M$3.7M$363K$1.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $9,695,918 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,849,638$9,283,234
I-9 Program service revenuePrior year $270,644$315,798
I-10 Investment incomePrior year $24,856$28,095
I-11 Other revenuePrior year $168,771$68,791
I-12 Total revenuePrior year $9,313,909$9,695,918
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $3,430,567$4,543,663
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $3,269,271$5,263,802
I-18 Total expensesPrior year $6,699,838$9,807,465
I-19 Revenue less expensesPrior year $2,614,071−$111,547
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $9,695,918 across 9 lines filed
VIII-1c Fundraising events$81,155
VIII-1e Government grants$8,963,908
VIII-1f All other contributions, gifts and grants$238,171
VIII-1h Total contributions, gifts and grants$9,283,234
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $315,798$315,798
VIII-3 Investment incomeRelated to mission $28,095$28,095
VIII-8 Net income from fundraising events−$7,965
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $76,756$76,756
VIII-12 Total revenueRelated to mission $420,649$9,695,918
Part IX · Statement of functional expenses $9,807,465 across 17 lines filed
IX-5 Pay of current officers, directors and key staffManagement $520,891$520,891
IX-7 Other salaries and wagesPrograms $2,775,642 · Management $277,520$3,053,162
IX-8 Pension plan contributionsPrograms $98,194 · Management $16,581$114,775
IX-9 Other employee benefitsPrograms $488,796 · Management $83,891$572,687
IX-10 Payroll taxesPrograms $233,149 · Management $48,999$282,148
IX-11c Accounting feesManagement $20,155$20,155
IX-11g Other fees for servicesPrograms $31,445 · Management $54,485$85,930
IX-12 Advertising and promotionPrograms $30,051 · Management $48,404$78,455
IX-13 Office expensesPrograms $14,277 · Management $333$14,610
IX-16 OccupancyPrograms $992,374 · Management $6,666$999,040
IX-17 TravelPrograms $23,637 · Management $13,235$36,872
IX-19 Conferences, conventions and meetingsPrograms $123,204 · Management $17,303$140,507
IX-20 InterestManagement $23,806$23,806
IX-22 Depreciation, depletion and amortizationManagement $70,973$70,973
IX-23 InsurancePrograms $129,253 · Management $7,448$136,701
IX-24 Other expenses (24a–d)Programs $2,821,120 · Management $21,426$2,842,546
IX-24e All other expensesPrograms $560,304 · Management $253,903$814,207
IX-25 Total functional expensesPrograms $8,321,446 · Management $1,486,019 · Fundraising $0$9,807,465
Part X · Balance sheet $24,953,694 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $1,291,158$596,938
X-2 Savings and temporary cash investmentsStart of year $2,156,914$2,123,898
X-3 Pledges and grants receivableStart of year $1,955,956$3,959,045
X-4 Accounts receivableStart of year $34,343$92,617
X-9 Prepaid expenses and deferred chargesStart of year $201,769$214,238
X-10c Land, buildings and equipment, netStart of year $495,963$3,846,853
X-15 Other assetsStart of year $477,075$14,120,105
X-16 Total assetsStart of year $6,613,178$24,953,694
X-17 Accounts payable and accrued expensesStart of year $448,981$1,533,364
X-19 Deferred revenueStart of year $649,653$4,730,950
X-24 Unsecured notes and loans payable$750,000
X-25 Other liabilitiesStart of year $286,524$12,615,420
X-26 Total liabilitiesStart of year $1,385,158$19,629,734
X-27 Net assets without donor restrictionsStart of year $5,168,020$5,323,960
X-32 Total net assets or fund balancesStart of year $5,228,020$5,323,960
X-33 Total liabilities and net assetsStart of year $6,613,178$24,953,694
Part XI · Reconciliation of net assets $5,323,960 net assets at year end
XI-1 Total revenue$9,695,918
XI-2 Total expenses$9,807,465
XI-3 Revenue less expenses−$111,547
XI-4 Net assets at start of year$5,228,020
XI-8 Prior period adjustments$207,487
XI-10 Net assets at end of year$5,323,960

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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