Venture North Funding and Development
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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.6M
+3.5% YoY
Revenue
$1.2M
+19.3% YoY
Net Investment Income
$40K
+7.5% YoY
Expenses
$1.0M
+0.3% YoY
About Venture North Funding and Development
Based on IRS filings
Venture North Funding and Development is a nonprofit organization, based in TRAVERSE CITY, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.6M in total assets. Net investment income was $40K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,638,410 | $7,381,749 | $6,846,913 |
| Revenue | $1,178,560 | $987,877 | $1,193,048 |
| Expenses | $1,026,116 | $1,023,065 | $800,546 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $39,791 | $37,002 | $337 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GREG WEST | DIRECTOR | 1 | — |
| LOUISE WENZEL | DIRECTOR | 1 | — |
| SAKURA TAKANO | DIRECTOR | 1 | — |
| SKIP SIMMS | DIRECTOR | 1 | — |
| LAUREN HARRIS | DIRECTOR | 1 | — |
| CHRIS HACKBARTH | DIRECTOR | 1 | — |
| ERIC GUSTAD | DIRECTOR | 1 | — |
| ANDY COLE | DIRECTOR | 1 | — |
| MARY CLULO | DIRECTOR | 1 | — |
| WARREN CALL | DIRECTOR | 1 | — |
| BILL BYRNE | TREASURER | 1 | — |
| LAURA TRUDEAU | SECRETARY | 1 | — |
| CARLA GRIBBS | IMMEDIATE PAST CHAIR | 1 | — |
| LAURA REZNICH | CHAIR | 1 | — |
| LAURA GALBRAITH | PRESIDENT | 60 | $144,000 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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