Venture Community Services Inc
- Assets
- $29.4m
- Revenue
- $40.7m
- Investments
- $2.1m
- Employees
- 845
- Location
- Sturbridge, MA
- Founding
- 02/1977
- Data as of
- 06/2022
- EIN
- 04-2593315
Organization Overview
Venture Community Services Inc is located in Sturbridge, MA. The organization was established in 1977. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Venture Community Services Inc employed 845 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Venture Community Services Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Venture Community Services Inc generated $40.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $39.0m during the year ending 06/2022. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RESIDENTIAL, OUTREACH PROGRAMS, AND TRANSPORTATION FOR THE DEVELOPMENTALLY DISABLED THROUGHOUT MASSACHUSETTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL SERVICES - VENTURE PROVIDES RESIDENTIAL SERVICES FOR DEVELOPMENTALLY DISABLED INDIVIDUALS AGED 18 AND OVER, OPERATING FOR THE PURPOSE OF TEACHING INDEPENDENT SKILLS IN MOST AREAS OF DAILY LIVING THROUGHOUT MASSACHUSETTS.
TRANSPORTATION SERVICES - VENTURE PROVIDES AMBULATORY AND WHEELCHAIR TRANSPORTATION SERVICES TO PHYSICALLY AND MENTALLY CHALLENGED ADULTS TO AND FROM EDUCATIONAL, VOCATIONAL AND ON THE JOB TRAINING SITES THROUGHOUT MASSACHUSETTS
SUPPORTIVE & DAY HABILITATION SERVICES - VENTURE PROVIDES SUPPORTIVE SERVICES TO PERSONS WITH DEVELOPMENTAL DISABILITIES TO INCLUDE INDEPENDENT LIVING SKILLS FOR PERSON LIVING INDEPENDENTLY, SUPPORT TO SUCCEED IN THE WORKPLACE AS WELL AS DAY HABILITATION
OTHER PROGRAMS INCLUDE OUTSIDE TRAINING AND DEVELOPMENT OPPORTUNITIES AND ACTIVE FUNDRAISING EFFORTS WITHIN THE COMMUNITY AT LARGE. AFFILIATION WITH THE BLANCHARD MEANS FOUNDATION, INC, FORMED FOR THE PURPOSE OF PROMOTING AND SPONSORING THERAPEUTIC PROGRAMS FOR DEVELOPMENTALLY DISABLED PERSONS WITH AN EMPHASIS ON AUTISM SUPPORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Hyland President & CEO | Officer | 40 | $253,736 |
Dorothy Ann Cote CFO | Officer | 40 | $168,477 |
Donna Peters Vice President | OfficerTrustee | 1 | $0 |
Carl Ekman Clerk | OfficerTrustee | 1 | $0 |
Patricia Lamoureux Treasurer | OfficerTrustee | 1 | $0 |
Gail M Fanning President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
John's Auto Service Vehicle Repair | 6/29/21 | $162,696 |
Powerhouse Improvements General Contractor | 6/29/21 | $123,442 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $93,042 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,042 |
| Total Program Service Revenue | $39,834,387 |
| Investment income | $15,011 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $283,189 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $52,111 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $40,656,415 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $422,213 |
| Compensation of current officers, directors, key employees. | $422,213 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,029,417 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,576,008 |
| Payroll taxes | $2,607,940 |
| Fees for services: Management | $26,690 |
| Fees for services: Legal | $24,434 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $236,181 |
| Advertising and promotion | $0 |
| Office expenses | $730,282 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $213,822 |
| Travel | $111,976 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $250,765 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $813,084 |
| Insurance | $318,630 |
| All other expenses | $96,815 |
| Total functional expenses | $39,045,840 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,110,038 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,268,344 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $294,103 |
| Net Land, buildings, and equipment | $14,678,210 |
| Investments—publicly traded securities | $72,372 |
| Investments—other securities | $2,145,528 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $852,938 |
| Total assets | $29,421,533 |
| Accounts payable and accrued expenses | $3,895,537 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,722,120 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $547,944 |
| Total liabilities | $12,165,601 |
| Net assets without donor restrictions | $17,149,723 |
| Net assets with donor restrictions | $106,209 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $29,421,533 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Venture Community Services Inc has recieved totaling $25,769.
| Awarding Organization | Amount |
|---|---|
Hoyt Foundation Inc Holland, MA | | $25,000 |
Hometown Bank Community Foundation Inc Oxford, MA PURPOSE: EXEMPT PURPOSE | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $269 |
Endowment Analysis
| Beg. Balance | $73,737 |
| Earnings | -$1,365 |
| Ending Balance | $72,372 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nysarc Inc Brookville, NY | $162,532,221 | $126,795,772 |
New England Center For Children Inc Southborough, MA | $72,482,909 | $120,831,063 |
Developmental Disabilities Institute Inc Smithtown, NY | $94,736,827 | $119,037,675 |
Welllife Network Inc Flushing, NY | $106,314,124 | $116,433,235 |
Heritage Christian Services Inc Rochester, NY | $62,213,014 | $106,241,069 |
Nysarc Inc Johnstown, NY | $68,803,366 | $107,283,357 |
Lifespire Inc New York, NY | $111,308,535 | $104,118,369 |
Access Supports For Living Inc Middletown, NY | $71,768,349 | $93,183,468 |
Lifetime Assistance Incorporated Rochester, NY | $48,718,996 | $89,182,117 |
Adults And Children With Learning And Developmental Disabilities Inc Bethpage, NY | $86,914,648 | $85,096,870 |
Advance Care Alliance Of Ny Inc New York, NY | $47,978,523 | $95,257,742 |
Nysarc Inc Kingston, NY | $57,449,352 | $82,380,480 |