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Filing year 2024

VENTURE NORTH FUNDING AND DEVELOPMENT

Traverse City, Michigan·EIN 38-2857500·3
Total revenue
$1.2M
Total assets
$7.6M
Total expenses
$1M
Reported officers
15
Mission

VENTURE NORTH'S MISSION IS TO SUPPORT THE REGION'S ECONOMIC GROWTH AND COMMUNITY DEVELOPMENT EFFORTS BY PROVIDING FUNDING OPTIONS, OFFERING TECHNICAL ASSISTANCE, AND BUILDING CONNECTIONS FOR VIABLE BUSINESSES, INCLUDING LOW-TO-MODERATE INCOME OPPORTUNITIES.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

$145k
$155k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Up 5%
from 2023

From $138k in 2023 to $145k in 2024.

$138k
2023
$145k
2024
In today's dollarsEst.
Up 2% in real terms$153k to $155k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

VENTURE NORTH FUNDING AND DEVELOPMENT reported revenue and expenses across 2 filing years.

RevenueExpenses
$988k
$1M
2023
$1.2M
$1M
2024
Total revenue and total expenses from IRS Form 990 filings.
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