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Filing year 2023

VENTURE FOR AMERICA INC

Detroit, Michigan·EIN 27-2987904·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$5M
Total assets
$2.5M
Total expenses
$6.6M
Reported officers
22
Mission

TO REVITALIZE AMERICAN CITIES BY MOBILIZING THE NEXT GENERATION OF ENTREPRENEURS AND EQUIPPING THEM WITH THE SKILLS AND RESOURCES THEY NEED TO CREATE JOBS. THE ORGANIZATION OPERATES A 2-YEAR FELLOWSHIP PROGRAM THAT RECRUITS, TRAINS, AND INVESTS IN TOP RECENT COLLEGE GRADUATES BY PLACING THEM IN STARTUPS IN AMERICAN CITIES WITH EMERGING ENTREPRENEURSHIP ECOSYSTEMS AND HELPING THEM LAUNCH THEIR OWN HIGH-IMPACT BUSINESSES. VFA OPERATES A TWO-WEEK TRAINING CAMP FOR INCOMING FELLOWS, PROVIDES ONGOING PROGRAMMING DURING THE 2 YEAR FELLOWSHIP, AND OPERATES AN ACCELERATOR FOR PROGRAM GRADUATES WHO ARE STARTING THEIR OWN BUSINESSES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

CEO
75th to 90th percentilevs Community Improvement & Capacity Building peers in Michigan
$272k
$295k
Base
$250k
Bonus
Other
Benefits
$22k
Employee
Key Employee
Median to 75th percentile
$195k
$212k
Base
$171k
Bonus
Other
Benefits
$24k
Employee
Highest Compensated Employee
Median to 75th percentile
$166k
$181k
Base
$141k
Bonus
Other
Benefits
$25k
Employee
Highest Compensated Employee
25th percentile to median
$138k
$150k
Employee
Highest Compensated Employee
25th percentile to median
$127k
$138k
Employee
Highest Compensated Employee
25th percentile to median
$125k
$136k
Employee
Highest Compensated Employee
10th to 25th percentile
$115k
$125k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 15 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at VENTURE FOR AMERICA INC equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
4%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about VENTURE FOR AMERICA INC

What does the Chief Executive Officer of VENTURE FOR AMERICA INC earn?

In 2023, the Chief Executive Officer of VENTURE FOR AMERICA INC received $271,631 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Michigan, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at VENTURE FOR AMERICA INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Michigan, the 2023 pay of the Chief Executive Officer at VENTURE FOR AMERICA INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at VENTURE FOR AMERICA INC equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are VENTURE FOR AMERICA INC's revenue and expenses?

In 2023, VENTURE FOR AMERICA INC reported $5M in total revenue and $6.6M in total expenses on its IRS Form 990.

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