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Self-Help Ventures Fund
Self-Help Ventures Fund reported $189.2 million in revenue and $68.6 million in expenses for calendar year 2024. Of every $100 it spent, $75.02 went to program services, $24.98 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 60.1% of the total. The highest compensation it reported for one person was $172,231 (Manager Transition Exec). 49 people received more than $100,000 in reportable compensation. Revenue rose 165% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $69MFor context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $189MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 75.0% | 89.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 25.0% | 9.2% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 60.1% | 80.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.1% | 14.9% |
| Program service revenue share Part VIII 2g ÷ 12 | 33.5% | 11.9% |
| Highest reported compensation Part VII-A, columns D–F | $172,231 | $291,103 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.25% | 1.49% |
| People paid over $100,000 Part VII, line 2 | 49 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 132.2 | 9.2 |
| Independent voting board members Part VI 1a–1b | 10 of 11 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseEconomic development through the renovation of historic buildings, construction of new buildings in distressed communities. Providing quality, affordable retail, community facilities and commercial rental space to revitalize and stabilize distressed communities.Economic development through provision of rental property in distressed and blighted areas, Total beneficiaries = approximately 6,767
Loans to and investments in community development projects (a) employing low-income and unemployed persons; (b) in low-income, rural and distressed communities; and (c) involving charitable organizations. Total beneficiaries = approximately 1,652
Facilitation of a secondary market at reasonable rates on a substainable basis for home mortgages made to low-income and other traditionally underserved home buyers to make homeownership more widely available to these families. Total beneficiaries = approximately 17,685
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Manager Transition Exec Highest compensated employee, 0.00 hrs/week | $0 | $161,597 | $10,634 | $172,231 |
| Structured Finance Sector Leader Highest compensated employee, 0.00 hrs/week | $0 | $139,769 | $26,974 | $166,743 |
| Sr Commercial Lending Underwriter Highest compensated employee, 0.00 hrs/week | $0 | $134,516 | $30,206 | $164,722 |
| Manager Benefits & Payroll Highest compensated employee, 0.00 hrs/week | $0 | $140,502 | $23,634 | $164,136 |
| Director Special Projects Highest compensated employee, 0.00 hrs/week | $0 | $136,541 | $24,476 | $161,017 |
| TreasurerSecretary Officer, 0.00 hrs/week | $0 | $101,573 | $41,313 | $142,886 |
| CEODirector Director/trustee, officer, 0.00 hrs/week | $0 | $100,961 | $35,827 | $136,788 |
| President Officer, 0.00 hrs/week | $0 | $106,202 | $26,705 | $132,907 |
49 people received more than $100,000 in reportable compensation from Self-Help Ventures Fund (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b11 · 10 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| Blue Hat Mechanical Inc HVAC Contractor | $1,576,527 |
| CoxSchepp Construction lLC Construction | $509,999 |
| Griffin Service Company Inc Construction | $429,994 |
| Forvis Mazars LLP Accounting Firm | $337,034 |
| Piedmont Service Group Inc Construction | $177,681 |
Individuals listed as contractors are left out. 28 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Self-Help Ventures Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Self-Help Ventures Fund, you can publish a response that is linked from this page.
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Of every $100 Self-Help Ventures Fund spent in 2024, $75.02 went to programs. The full breakdown, from its IRS Form 990:
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All community improvement & capacity building charities · Largest charities in North Carolina
Questions people ask
How much of Self-Help Ventures Fund's spending goes to programs?
In calendar year 2024, Self-Help Ventures Fund reported that 75.0% of its $68.6 million in expenses went to program services, 25.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Self-Help Ventures Fund pay its top executive?
The largest total compensation Self-Help Ventures Fund reported for one person in calendar year 2024 was $172,231, for the role of Manager Transition Exec (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Self-Help Ventures Fund get its money?
Of $189.2 million in revenue in calendar year 2024, 60.1% came from contributions and grants (including 0.1% from government grants) and 33.5% from program service revenue (Form 990, Part VIII).
Is Self-Help Ventures Fund a registered charity?
The IRS lists EIN 58-1562750 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202533109349301878 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423179349301017 · read the filing
- 2022: Form 990 for calendar year 2022, object 202342989349301469 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243049349301034 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123059349300962 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003019349300800 · read the filing
All filings for EIN 58-1562750: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.