From public IRS filings
COMMUNITY VENTURES CORPORATION INC
LEXINGTON, KY · Community Improvement
Mission
COMMUNITY VENTURES CORPORATION, INC.'S (CVC) CENTRAL MISSION IS TO PROVIDE INDIVIDUALS AND FAMILIES WITH THE SKILLS, INCOME, AND ASSETS THEY NEED TO ACHIEVE FINANCIAL INDEPENDENCE. CVC HELPS PEOPLE INCREASE INCOME AND BUILD ASSETS WITH THREE MAIN STRATEGIES: SMALL BUSINESS OWNERSHIP, HOME OWNERSHIP, AND JOB CREATION THROUGH BUSINESS EXPANSION.
Financials (IRS Form 990)
Total revenue
$22.2M
Total expenses
$21.1M
Total assets
$86M
Program expense ratio
88%
Source: IRS Form 990, tax year 2023.
Who funds COMMUNITY VENTURES CORPORATION INC
$10.7M in foundation grants on record from 18 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Wells Fargo Foundation | $3.4M | 4 |
| Russell Development Company | $2M | 1 |
| Neighborhood Reinvestment | $1.9M | 3 |
| Jewish Heritage Fund for Excellence | $1M | 1 |
| Guild Giving Foundation | $566K | 1 |
| Truist Foundation | $500K | 1 |
| Winston-Salem Foundation | $385K | 2 |
| Met Development | $366K | 3 |
| Opportunity Finance Network | $100K | 1 |
| National Fair Housing Alliance | $90K | 1 |
Leadership
KEVIN SMITH — PRESIDENT (Principal officer)
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