2025-02-27T09:13:21-06:00 2024-06-30 271155496 ROBERT LEE & ASSOCIATES LLP 999 W TAYLOR STREET STE A SAN JOSE CA 95126 990 2023-07-01 770389802 JOINT VENTURE SILICON VALLEY NETWORK JOIN 6692231331 PO BOX 720010 800 SAN JOSE CA 95172 RUSSELL HANCOCK PRESIDENT/CEO 6692231331 2025-02-25 1 1 NICHOLAS PETERSEN P01274743 4088556770 2023 2025-03-06 01:10:19Z RUSSELL HANCOCK PO BOX 720010 800 SAN JOSE CA 95172 2887799 0 X WWW.JOINTVENTURE.ORG X 1992 CA THE MISSION OF JOINT VENTURE IS TO FOSTER THE HEALTH AND VITALITY OF SILICON VALLEY FOR ALL THE PEOPLE WHO LIVE AND WORK HERE. WE PURSUE OUR MISSION BY (1) PROVIDING DATA, RESEARCH AND ANALYSIS THROUGH OUR RESEARCH ARM, THE INSTITUTE FOR REGIONAL STUDIES, AND (2) CONVENING THE REGION'S ESTABLISHED AND EMERGING LEADERSACROSS BUSINESS, GOVERNMENT, ACADEMIA, LABOR, AND THE BROADER COMMUNITYTO TAKE UP THE CHALLENGES SPOTLIGHTED BY THE RESEARCH. 33 33 11 15 0 0 2566243 2583382 0 0 12998 30071 -36919 3741 2542322 2617194 0 0 0 0 1605051 1785809 21307 0 188377 1013445 816108 2639803 2601917 -97481 15277 2155070 2041480 1326024 1197157 829046 844323 X THE MISSION OF JOINT VENTURE IS TO FOSTER THE HEALTH AND VITALITY OF SILICON VALLEY FOR ALL THE PEOPLE WHO LIVE AND WORK HERE. WE PURSUE OUR MISSION BY (1) PROVIDING DATA, RESEARCH AND ANALYSIS THROUGH OUR RESEARCH ARM, THE INSTITUTE FOR REGIONAL STUDIES, AND (2) CONVENING THE REGION'S ESTABLISHED AND EMERGING LEADERSACROSS BUSINESS, GOVERNMENT, ACADEMIA, LABOR, AND THE BROADER COMMUNITYTO TAKE UP THE CHALLENGES SPOTLIGHTED BY THE RESEARCH. 0 0 615985 INSTITUTE FOR REGIONAL STUDIES: THE SILICON VALLEY INSTITUTE FOR REGIONAL STUDIES IS THE RESEARCH ARM OF JOINT VENTURE SILICON VALLEY THAT PROVIDES RESEARCH AND ANALYSIS ON THE REGION. RESEARCH TOPICS FOCUS ON ECONOMIC AND COMMUNITY HEALTH ISSUES IN SILICON VALLEY AND THE GREATER BAY AREA, AND ON BROADER REGIONAL ISSUES. THE INSTITUTE MANAGES A VARIETY OF REGIONAL RESOURCES FOR THE PUBLIC BENEFIT, PROVIDES A STEADY STREAM OF RESEARCH PRODUCTS TO THE COMMUNITY, AND CONDUCTS WORK ON A CONTRACT BASIS RANGING FROM CUSTOM DATA REQUESTS TO FULL RESEARCH STUDIES. 578693 FOOD RESCUE INITIATIVE: JOINT VENTURE'S FOOD RECOVERY INITIATIVE SUPPORTS ORGANIZATIONS, BUSINESSES, AND GOVERNMENTS WORKING TO MAKE THE MOST OF SURPLUS FOOD AND TO MINIMIZE THE ENVIRONMENTAL IMPACTS OF FOOD WASTE. FOOD RECOVERY IS A SYSTEM WHEREBY FOOD BANKS AND OTHER ORGANIZATIONS COLLECT AND REDISTRIBUTE SURPLUS FOOD FROM COMMERCIAL SOURCES (SUCH AS GROCERY STORES, RESTAURANTS, AND MORE) TO THOSE IN NEED OF FOOD ASSISTANCE SAFELY, CONVENIENTLY, AND AT LOW OR NO COST. FOOD RECOVERY PLAYS A UNIQUE ROLE IN THE FOOD SUPPLY CHAIN, BRIDGING THE GAP BETWEEN THE ABUNDANCE OF NUTRITIOUS SURPLUS FOOD OUT OF REACH TO SO MANY, AND THOSE WHO NEED IT MOST. 365027 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. 155792 117839 155792 117839 1715497 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 21 0 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 33 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X CHRIS REYNOLDS 2GO ADVISORY GROUP 9252994450 500 YGNACIO VALLEY RD UNIT 410 WALNUT CREEK CA 94596 SUSAN ELLENBERG CO-CHAIR 2.00 X X 0 0 0 JOHN TENANES CO-CHAIR 2.00 X X 0 0 0 CHARLES ATKINS BOARD MEMBER 2.00 X 0 0 0 COREY VERWAY BOARD MEMBER 2.00 X 0 0 0 CURTIS MO BOARD MEMBER 2.00 X 0 0 0 CYNTIA TENIENTE MATSEN BOARD MEMBER 2.00 X 0 0 0 DAVID BINI BOARD MEMBER 2.00 X 0 0 0 DAVID ENTWISTLE BOARD MEMBER 2.00 X 0 0 0 DAVID SACARELOS BOARD MEMBER 2.00 X 0 0 0 DELINDA MROWKA BOARD MEMBER 2.00 X 0 0 0 ED SHIKADA BOARD MEMBER 2.00 X 0 0 0 EMILY MATTHEWS BOARD MEMBER 2.00 X 0 0 0 ERIC HOUSER BOARD MEMBER 2.00 X 0 0 0 GINA DALMA BOARD MEMBER 2.00 X 0 0 0 JARED SHAWLEE BOARD MEMBER 2.00 X 0 0 0 JAVIER GONZALEZ BOARD MEMBER 2.00 X 0 0 0 JOHN VARELA BOARD MEMBER 2.00 X 0 0 0 JOHN A SOBRATO BOARD MEMBER 2.00 X 0 0 0 JOHN AITKEN BOARD MEMBER 2.00 X 0 0 0 JON COWAN BOARD MEMBER 2.00 X 0 0 0 JULIE SULLIVAN BOARD MEMBER 2.00 X 0 0 0 KARENA SHACKELFORD BOARD MEMBER 2.00 X 0 0 0 KATIE FERRICK BOARD MEMBER 2.00 X 0 0 0 KELLY KLINE BOARD MEMBER 2.00 X 0 0 0 LISA BOWMAN BOARD MEMBER 2.00 X 0 0 0 MAIRTINI NIDHOMHNAILL BOARD MEMBER 2.00 X 0 0 0 MARK PARNES BOARD MEMBER 2.00 X 0 0 0 MATT MAHAN BOARD MEMBER 2.00 X 0 0 0 NEERAJ VADHAN BOARD MEMBER 2.00 X 0 0 0 RAKESH CHAUDHARY BOARD MEMBER 2.00 X 0 0 0 RAQUEL GONZALEZ BOARD MEMBER 2.00 X 0 0 0 SHERRI SAGER BOARD MEMBER 2.00 X 0 0 0 STEVE WEINER BOARD MEMBER 2.00 X 0 0 0 RUSSELL HANCOCK PRESIDENT/CEO 40.00 X 352497 0 0 RACHEL MASSARO VP & DIRECTOR OF RESEARCH 40.00 X 161050 0 0 ASHLEY RAGGIO COO 40.00 X 137025 0 0 ROBIN DORAN VP, COMMUNICATIONS 40.00 X 102834 0 0 KARA GROSS DIRECTOR, PUBLIC SECTOR CLIMATE INITIATIVES AND EX 40.00 X 130905 0 0 JILL JENNINGS CREATIVE DIRECTOR 40.00 X 101500 0 0 985811 0 0 6 0 1 0 84 WEST LLC CO WOODMONT REAL ESTATE SE 1050 RALSTON AVENUE BELMOST CA 94002 RENT 136960 1 473250 1343334 766798 2583382 30343 30343 117839 0 117839 117839 117839 200000 200272 -272 -272 -272 8123 473250 70333 -62210 -62210 LEASE IMPAIRMENT LOSS 532000 -51888 -51888 -51888 2617194 117839 0 -84027 531522 316898 107312 107312 990061 670187 299108 20766 96758 58971 28311 9476 167468 60932 103599 2937 1000 1000 81140 81140 59354 24100 21930 13324 99418 84668 11408 3342 136118 92828 33291 9999 93861 90913 2324 624 7884 5371 1933 580 7740 5273 1898 569 MEMBERSHIPS 211095 210905 146 44 CONSULTING 96459 77459 19000 DATABASE EXPENSE 13250 13250 RENTAL AND MAINTENANCE 5116 3486 1254 376 3673 256 3389 28 2601917 1715497 698043 188377 X 174885 76949 0 97936 366561 280656 199459 199809 703103 848615 47044 42428 49888 34918 22854 14970 816049 655002 2155070 2041480 308616 324568 167500 150000 849908 722589 1326024 1197157 X 355617 471463 473429 372860 829046 844323 2155070 2041480 15277 0 X X 0 1 X 1 0 X 2046045 2009185 2677044 2566243 2583382 11881899 2046045 2009185 2677044 2566243 2583382 11881899 1042808 10839091 505 88 4117 12998 30071 47779 197316 65951 263267 12192945 0.88900 0.87090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 49888 34918 14970 14970 DEPOSITS 15000 OPERATING RIGHT-OF-USE ASSETS 637332 OTHER RECEIVABLES 2670 655002 OPERATING LEASE LIABILITY 722589 722589 X 2647879 30685 30685 2617194 0 2617194 2632602 30685 30685 2601917 0 2601917 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, 2024, 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 481373 473250 8123 70333 481373 473250 8123 70333 70333 -62210 X X 0 0 0 0 0 0 0 0 0 RUSSELL HANCOCK PRESIDENT/CEO 344997 0 7500 0 0 0 0 0 0 0 352497 0 0 0 RACHEL MASSARO VP & DIRECTOR OF RESEARCH 161050 0 0 0 0 0 0 0 0 0 161050 0 0 0 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.