Denver Community Ventures
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO EMPOWER LOW-INCOME FAMILIES AND INDIVIDUALS TOWARDS SELF-SUFFICIENCY AND INDEPENDENT LIVING.
- Income
- $654,622
- Spending
- $454,112
- Spent on programs
- 59%
- Reserves
- 21.6 months of spending
- Largest source of income
- donations and private grants, 71%
- Employees
- 4
- Volunteers
- 10
- Highest pay
- $335,102, member (term end 4/24)
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 88% of charities in its peer group (housing, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 21.6 months of spending.
Debt
20 of 20It owes 6% of what it owns.
Living within its means
15 of 15Income exceeded spending by 31% of income.
Income trend
15 of 15Income rose 66% on the year before.
Spending floor
8 of 1559% of spending went to programs and raising each dollar of donations cost 9 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 80 out of 100. Higher than 48% of charities in its peer group (housing, $250k to $1m).
Independent board
25 of 258 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $267,165 spent. DENVER COMMUNITY VENTURES, DBA FRIENDS OF DHA, SECURES ESSENTIAL FUNDING TO DELIVER SERVICES TO RESIDENTS IN AND AROUND THE DENVER HOUSING AUTHORITY'S (DHA'S)AFFORDABLE HOUSING COMMUNITIES WITH A GOAL TO MOVE RESIDENTSTO SELF-SUFFICIENCY BY PROVIDING THEM WITH SUPPORTIVE SERVICES ANDRESOURCES THAT ENHANCE THEIR QUALITY OF LIFE.THIS FUNDING HELPS SUSTAIN CURRENT PROGRAMS AND LEVELS OF SERVICE, AS WELL AS BRIDGES GAPS WHEN FEDERAL FUNDING IS REDUCED OR DOES NOT MEET CRITICAL NEEDS. CONTINUED ON SCHEDULE O:THE PRIMARY FOCUS AREAS FOR RESIDENT PROGRAMMING IN 2024 INCLUDED: ECONOMIC SELF-SUFFICIENCY PROGRAMMING THAT CONNECTED RESIDENTS TO SKILL BUILDING, JOB TRAINING AND CAREER COACHING, FINANCIAL LITERACY EDUCATION, DEBT REDUCTION AND CREDIT BUILDING CASE MANAGEMENT, AND FIRST-TIME HOMEBUYER EDUCATION AND COUNSELING; RESOURCES FOR SENIORS AND DISABLED ADULTS TO AGE-IN-PLACE AND LIVE MORE INDEPENDENTLY; AFFORDABLE HIGH-SPEED DIGITAL ACCESS, COMPUTERS, AND TRAINING TO ALL RESIDENTS TO FURTHER PROMOTE RESIDENT SELF-SUFFICIENCY AND ECONOMIC INDEPENDENCE FOR ALL AGE GROUPS; YOUTH SCHOOL AND HOLIDAY DRIVES, SUMMERTIME READING PROGRAMS, AND EDUCATIONAL RESOURCES; AND COMMUNITY EVENTS FOR CULTURE SHARING AND ONSITE GARDEN PLOTS TO PROMOTE HEALTHY LIVING.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2013.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.