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Pacific Community Ventures

Pacific Community Ventures

Oakland, CA 94612
Tax ID77-0485877

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About this organization

Revenue

$3,140,861

Expenses

$3,070,237

Mission

Pacific Community Ventures envisions a world of thriving communities where everyone has a fair shake. Our mission is to invest in small businesses, create good jobs for working people, and make markets work for social good. We achieve our mission through a combination of fair lending, free mentorship, skilled volunteerism, impact investing consulting services, and field-building research.

About

PCV provides customized impact investing strategies for clients, identifying appropriate investment vehicles and themes, industries, geographies, and opportunities for partnership. Our work seeks to support investors in more closely aligning their capital with their unique social, environmental, and financial objectives, enabling them to make more effective investments. We also undertake field-building research to provide investors, policymakers, and entrepreneurs with the information and tools they need to more effectively deploy capital and create economic opportunities in underserved communities.

Interesting data from their 2020 990 filing

The non-profit's mission is outlined in the filing as being “At pacific community ventures, we believe that by investing in small businesses, creating good jobs for working people, and making markets work for social good, we can create a world where all people live in thriving communities.”.

When outlining its responsibilities, they were referred to as: “To create jobs and economic opportunity in lower-income communities”.

  • The state in which the non-profit operates has been officially reported as CA.
  • The filing reveals the non-profit's address in 2020 to be 1700 BROADWAY NO 300, OAKLAND, CA, 946122116.
  • As per the non-profit's form for 2020, they have 18 employees on their payroll.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $70,624.
  • The organization has 11 independent voting members.
  • The organization was formed in 1998.
  • The organization pays $2,050,125 in salary, compensation, and benefits to its employees.
  • The organization pays $191,733 in fundraising expenses.

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