2022-11-09T10:44:44-06:00 2022-06-30 271155496 ROBERT LEE & ASSOCIATES LLP 999 W TAYLOR STREET STE A SAN JOSE CA 95126 990 2021-07-01 770389802 JOINT VENTURE SILICON VALLEY NETWORK JOIN 6692231331 84 W SANTA CLARA ST 800 SAN JOSE CA 95113 RUSSELL HANCOCK PRESIDENT/CEO 6692231331 2022-11-08 1 RUSSELL HANCOCK XXX-XX-XXXX NICHOLAS PETERSEN P01274743 4088556770 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z RUSSELL HANCOCK 84 W SANTA CLARA ST 800 SAN JOSE CA 95113 2679076 0 X WWW.JOINTVENTURE.ORG X 1992 CA THE ORGANIZATION'S GOAL IS TO BUILD A COMMUNITY COLLABORATING TO COMPETE GLOBALLY. THE ORGANIZATION BRINGS TOGETHER PEOPLE IN BUSINESS, GOVERNMENT, EDUCATION, AND THE COMMUNITY TO TAKE ACTION ON IMPORTANT REGIONAL ISSUES THAT AFFECT THE ECONOMIC VITALITY AND QUALITY OF LIFE. 38 37 14 20 0 0 2009185 2662044 0 0 88 4117 173186 -55371 2182459 2610790 0 0 0 0 1259516 2015545 0 20000 257496 540886 670122 1800402 2705667 382057 -94877 1477093 2214443 455689 1287916 1021404 926527 X TO BUILD A COMMUNITY COLLABORATING TO COMPETE GLOBALLY; TO PROVIDE ANALYSIS AND ACTION ON ISSUES AFFECTING OUR REGION'S ECONOMY AND QUALITY OF LIFE; AND TO NURTURE THE UNIQUE HABITAT THAT MAKES THE BAY AREA A WORLD CAPITAL FOR INNOVATION AND ENTREPRENEURSHIP. 1 0 589426 LIGHTHOUSE, FORMERLY BUILDING BACK BETTER - JOINT VENTURE'S LIGHTHOUSE INITIATIVE IS WORKING TOWARD AN EQUITABLE REGIONAL RECOVERY AND THE OPPORTUNITY TO CREATE FAMILY-SUSTAINING INCOME OPPORTUNITIES FOR ALL. LIGHTHOUSE IS A JEDI FOCUSED (JUSTICE, EQUITY, DIVERSITY AND INCLUSION) CENTER OF EXCELLENCE WORKING WITH LEADERS ACROSS INDUSTRIES AND SECTORS TO CREATE A RELATIONSHIP-BASED ECOSYSTEM THAT SUPPORTS A SILICON VALLEY ECONOMY WHERE ALL FAMILIES CAN SUSTAIN AND THRIVE. LIGHTHOUSE AIMS TO PROVIDE EXPERTISE, RESEARCH, BACKBONE INFRASTRUCTURE, AND A FRAMEWORK TO CONVENE STAKEHOLDERS FOR REGIONAL EFFORTS IN CLOSE PARTNERSHIP WITH THE ORIGINAL BRIDGE TO RECOVERY (B2R) NETWORK WHICH IS NOW KNOWN AS THE LIGHTHOUSE NETWORK. 327217 INSTITUTE FOR REGIONAL STUDIES - THE SILICON VALLEY INSTITUTE FOR REGIONAL STUDIES IS THE RESEARCH ARM OF JOINT VENTURE SILICON VALLEY AND HOUSED WITHIN THE ORGANIZATION. RESEARCH TOPICS FOCUS ON ECONOMIC AND COMMUNITY HEALTH ISSUES IN SILICON VALLEY AND THE GREATER BAY AREA, AND ON BROADER REGIONAL ISSUES. THE INSTITUTE CONDUCTS RESEARCH THAT SUPPORTS JOINT VENTURE'S PROGRAMMATIC AREAS, MANAGES A VARIETY OF REGIONAL RESOURCES FOR THE PUBLIC BENEFIT, AND PROVIDES A STREAM OF RESEARCH PRODUCTS TO THE COMMUNITY ON A REGULAR BASIS. THE INSTITUTE ALSO CONDUCTS WORK ON A CONTRACT BASIS, RANGING FROM CUSTOM DATA REQUESTS TO FULL RESEARCH STUDIES. 203431 FOOD RECOVERY, FORMERLY FOOD RESCUE - JOINT VENTURE'S FOOD RECOVERY INITIATIVE HELPS TO MAKE NUTRITIOUS SURPLUS FOOD SAFELY AND CONVENIENTLY AVAILABLE TO OUR NEIGHBORS WHO NEED IT MOST, WHILE MINIMIZING THE ENVIRONMENTAL IMPACTS OF WASTED FOOD. THE INITIATIVE STRENGTHENS THE LOCAL FOOD RECOVERY ECOSYSTEM BY SPURRING FUNDING AND INNOVATION; PROPAGATING FOOD WASTE PREVENTION AND RECOVERY STRATEGIES; AND SUPPORTING GOVERNMENT PROGRAMS FOCUSED ON THE FOOD SECTOR. 815197 FOOD RECOVERY, FORMERLY FOOD RESCUE - JOINT VENTURE'S FOOD RECOVERY INITIATIVE HELPS TO MAKE NUTRITIOUS SURPLUS FOOD SAFELY AND CONVENIENTLY AVAILABLE TO OUR NEIGHBORS WHO NEED IT MOST, WHILE MINIMIZING THE ENVIRONMENTAL IMPACTS OF WASTED FOOD. THE INITIATIVE STRENGTHENS THE LOCAL FOOD RECOVERY ECOSYSTEM BY SPURRING FUNDING AND INNOVATION; PROPAGATING FOOD WASTE PREVENTION AND RECOVERY STRATEGIES; AND SUPPORTING GOVERNMENT PROGRAMS FOCUSED ON THE FOOD SECTOR.CIVIC TECHNOLOGY - JOINT VENTURE'S CIVIC TECHNOLOGIES INITIATIVE WORKS TO DEEPEN SILICON VALLEY'S BROADBAND PENETRATION, AND BRING IT DIRECTLY TO PEOPLE IN THE COMMUNITY. THE PROGRAM WORKS PRIMARILY IN TWO FOCUS AREAS: COMMUNITY BROADBAND AND WIRELESS COMMUNICATIONS.SVEDA - THE SILICON VALLEY ECONOMIC DEVELOPMENT ALLIANCE (SVEDA) IS COMPRISED OF CITIES AND COUNTIES FOCUSED ON ACHIEVING INDIVIDUAL AND REGIONAL ECONOMIC DEVELOPMENT GOALS WHILE MAXIMIZING SCARCE RESOURCES. THEY ARE COMMITTED TO ADDRESSING BUSINESS NEEDS, WHETHER THROUGH LOCAL GOVERNMENT POLICY AND STREAMLINED PERMITTING PROCESSES, OR LINKING BUSINESSES. 815197 1935271 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 15 0 1 14 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 38 37 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X LIZ SANCHEZ COUNTSY 6509638230 444 CASTRO STREET SUITE 1110 MOUNTAIN VIEW CA 94040 NICOLE TAYLOR CO-CHAIR 2.00 X X 0 0 0 DAVE WEHNER CO-CHAIR 2.00 X X 0 0 0 MATT MAHAN BOARD MEMBER 2.00 X 0 0 0 JOHN AITKEN BOARD MEMBER 2.00 X 0 0 0 DAVID BINI BOARD MEMBER 2.00 X 0 0 0 TED BOJORQUEZ BOARD MEMBER 2.00 X 0 0 0 RAKESH CHAUDHARY BOARD MEMBER 2.00 X 0 0 0 RAHUL CHANDHOK BOARD MEMBER 2.00 X 0 0 0 MARK DANAJ BOARD MEMBER 2.00 X 0 0 0 GARY DILLABOUGH BOARD MEMBER 2.00 X 0 0 0 MAX DUGANNE BOARD MEMBER 2.00 X 0 0 0 SUSAN ELLENBERG BOARD MEMBER 2.00 X 0 0 0 DAVID ENTWISTLE BOARD MEMBER 2.00 X 0 0 0 KATIE FERRICK BOARD MEMBER 2.00 X 0 0 0 JAVIER GONZALEZ BOARD MEMBER 2.00 X 0 0 0 RAQUEL GONZALEZ BOARD MEMBER 2.00 X 0 0 0 ERIC HOUSER BOARD MEMBER 2.00 X 0 0 0 MICHAEL ISIP BOARD MEMBER 2.00 X 0 0 0 CLAIRE JOHNSTON BOARD MEMBER 2.00 X 0 0 0 RO KHANNA BOARD MEMBER 2.00 X 0 0 0 BEN KOCHALSKI BOARD MEMBER 2.00 X 0 0 0 SAM LICCARDO BOARD MEMBER 2.00 X 0 0 0 JEAN MCCOWN BOARD MEMBER 2.00 X 0 0 0 CURTIS MO BOARD MEMBER 2.00 X 0 0 0 MAIRTINI NIDHOMHNAILL BOARD MEMBER 2.00 X 0 0 0 MARY PAPAZIAN BOARD MEMBER 2.00 X 0 0 0 MARK PARNES BOARD MEMBER 2.00 X 0 0 0 DAVE PINE BOARD MEMBER 2.00 X 0 0 0 DAVID SACARELOS BOARD MEMBER 2.00 X 0 0 0 SHERRI SAGER BOARD MEMBER 2.00 X 0 0 0 JARED SHAWLEE BOARD MEMBER 2.00 X 0 0 0 ED SHIKADA BOARD MEMBER 2.00 X 0 0 0 JOHN A SOBRATO BOARD MEMBER 2.00 X 0 0 0 NEERAJ VADHAN BOARD MEMBER 2.00 X 0 0 0 JOHN VARELA BOARD MEMBER 2.00 X 0 0 0 HRISHIKA VUPPALA BOARD MEMBER 2.00 X 0 0 0 DANIEL YOST BOARD MEMBER 2.00 X 0 0 0 RUSSEL HANCOCK PRESIDENT/CEO 40.00 X 370125 0 12574 MICK GRECO EXECUTIVE VP 40.00 X 154195 0 5321 RACHEL MASSARO VP AND DIRECTOR OF RESEARC 32.00 X 134827 0 6273 KARA GROSS EXECUTIVE DIRECTOR, SVEDA 32.00 X 147429 0 3519 806576 0 27687 4 0 1 0 OKU SOLUTIONS 1525 ALTAMONT AVE SAN JOSE CA 95125 PROGRAM CONSULTING 142950 1 377425 1179944 1104675 2662044 4117 4117 12915 377425 68286 -55371 -55371 2610790 0 0 -51254 466135 300053 55125 110957 1283319 977693 207821 97805 139162 28648 102576 7938 126929 97222 14626 15081 18229 18229 79550 79550 20000 20000 3593 3593 9143 7130 1151 862 46198 34639 8683 2876 21649 21457 144 48 686 686 1865 1397 351 117 7355 5509 1387 459 CONSULTING 429064 410580 18484 MEMBERSHIPS 37332 35688 1235 409 MOVING 10153 7604 1915 634 RENTAL AND MAINTENANCE 4966 3719 937 310 339 339 2705667 1935271 512900 257496 X 189914 83562 0 106352 1044483 712027 421225 528645 11385 20965 32944 20128 0 12816 0 939990 1477093 2214443 269207 311728 7064 5000 179418 0 0 971188 455689 1287916 X 407764 593605 613640 332922 1021404 926527 1477093 2214443 -94877 0 X X 0 1 X 1 0 X 2387344 2331122 2046045 2009185 2677044 11450740 2387344 2331122 2046045 2009185 2677044 11450740 790281 10660459 2779 3210 505 88 4117 10699 6000 6000 197316 209316 11670755 0.91340 0.88810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32944 20128 12816 12816 DEPOSITS 15000 OPERATING RIGHT-OF-USE ASSETS 924990 939990 OPERATING LEASE LIABILITY 971188 971188 X 2625790 15000 15000 2610790 0 2610790 2720667 15000 15000 2705667 0 2705667 PART X, LINE 2: THE ORGANIZATION EVALUATES ITS UNCERTAIN TAX POSITIONS AND WILL RECOGNIZE A LOSS CONTINGENCY WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. THE AMOUNT RECOGNIZED IS SUBJECT TO ESTIMATE AND MANAGEMENT JUDGMENT WITH RESPECT TO THE LIKELY OUTCOME OF EACH UNCERTAIN TAX POSITION. THE AMOUNT THAT IS ULTIMATELY SUSTAINED FOR AN INDIVIDUAL UNCERTAIN TAX POSITION OR FOR ALL UNCERTAIN TAX POSITIONS IN THE AGGREGATE COULD DIFFER FROM THE AMOUNT RECOGNIZED. AS OF JUNE 30, 2022, MANAGEMENT DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS. X X X X 1 HEIDI RODEBACK 867 NORTH 60 EAST AMERICAN FORK UT 84003 ASSIST WITH FUNDING AND GRANT WRITING, EDITING AND SUBMISSIO 0 0 20000 -20000 20000 -20000 CA STATE OF THE VALLEY 390340 377425 12915 16827 39661 10169 1629 390340 377425 12915 16827 39661 10169 1629 68286 -55371 X X 0 0 0 0 0 0 0 0 0 RUSSEL HANCOCK PRESIDENT/CEO 291375 0 78750 0 0 0 0 0 0 12574 370125 12574 0 0 MICK GRECO EXECUTIVE VP 120000 0 34195 0 0 0 0 0 0 5321 154195 5321 0 0 KARA GROSS EXECUTIVE DIRECTOR, SVEDA 92000 0 55429 0 0 0 0 0 0 3519 147429 3519 0 0 FORM 990, PART III, LINE 2 LIGHTHOUSE, FORMERLY BUILDING BACK BETTER - JOINT VENTURE'S LIGHTHOUSE INITIATIVE IS WORKING TOWARD AN EQUITABLE REGIONAL RECOVERY AND THE OPPORTUNITY TO CREATE FAMILY-SUSTAINING INCOME OPPORTUNITIES FOR ALL. LIGHTHOUSE IS A JEDI FOCUSED (JUSTICE, EQUITY, DIVERSITY AND INCLUSION) CENTER OF EXCELLENCE WORKING WITH LEADERS ACROSS INDUSTRIES AND SECTORS TO CREATE A RELATIONSHIP-BASED ECOSYSTEM THAT SUPPORTS A SILICON VALLEY ECONOMY WHERE ALL FAMILIES CAN SUSTAIN AND THRIVE. LIGHTHOUSE AIMS TO PROVIDE EXPERTISE, RESEARCH, BACKBONE INFRASTRUCTURE, AND A FRAMEWORK TO CONVENE STAKEHOLDERS FOR REGIONAL EFFORTS IN CLOSE PARTNERSHIP WITH THE ORIGINAL BRIDGE TO RECOVERY (B2R) NETWORK WHICH IS NOW KNOWN AS THE LIGHTHOUSE NETWORK. FORM 990, PART V, LINES 7G & 7H COMPLIANCE WITH OTHER FILING REQUIREMENTS: THE ORGANIZATION DID NOT RECEIVE ANY CONTRIBUTIONS OF QUALIFIED INTELLECTUAL PROPERTY OR ANY CARS, BOATS, AIRPLANES, OR OTHER VEHICLES. AS SUCH, NO FORMS 8899 OR 1098-C WERE REQUIRED TO BE FILED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE FOR ACCURACY AND COMPLETENESS. ALL QUESTIONS ARISING DURING THIS REVIEW PROCESS ARE RESOLVED PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS ALL OFFICERS SIGN CONFLICT OF INTEREST POLICY FORM, STATING THAT THEY UNDERSTAND THE TERMS AND CONDITIONS OF THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE CEO IS DETERMINED BASED ON COMPARABLE MARKET RATES IN THE SAME GEOGRAPHIC AREA, REVIEWED BY THE ORGANIZATION'S EXECUTIVE COMMITTEE, APPROVED BY THE BOARD OF DIRECTORS AND DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S AUDIT COMMITTEE IS RESPONSIBLE FOR THE REVIEW AND APPROVAL OF THE ANNUAL REPORT AND FOR THE SELECTION OF THE INDEPENDENT AUDITORS.