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Nonprofit · EIN 20-3826812

VENTURE LITITZ

Tax-exempt · LITITZ, PA 17543

Financials

$186K$114K2023$296K$237K2024
Revenue Expenses · by fiscal year end
Financials of VENTURE LITITZ by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$296,445$236,636$59,809$582,014$282,966$299,048
December 31, 2023990$185,753$114,081$71,672$493,860$254,621$239,239
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$43,707
Program service revenue
$146,307
Investment income
$5,864
Net income from fundraising events
$100,088
Other revenue
$100,567

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$65,531
Other salaries and wages
$9,776
Salaries, compensation and benefits (total)
$81,068
Professional fundraising fees
$0
Accounting fees
$4,670
Travel
$1,476
Program services (functional)
$127,107
Management and general (functional)
$106,599
Fundraising (functional)
$2,930

Balance sheet and other

Total assets, start of year
$493,860
Total assets, end of year
$582,014
Total liabilities, end of year
$282,966
Net assets, end of year
$299,048
Net assets without donor restrictions
$293,896
Net assets with donor restrictions
$5,152
Gross receipts
$412,979
Employees
2
Volunteers
200
Year formed
2005
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
EMILY ALLENEXECUTIVE DIRECTOR
Trustee or director
40$65,531
DONNA FELTONBOARD MEMBER
Trustee or director
2$0
SHERI GARMANTREASURER
Trustee or director, Officer
2$0
ROBYN TALLEYBOARD MEMBER
Trustee or director
0.5$0
SHIRLEY FLICKINGERBOARD MEMBER
Trustee or director
0.5$0
CHRISTINE SENSENICHBOARD MEMBER
Trustee or director
0.5$0
MARIA ELLIOTTPRESIDENT
Trustee or director, Officer
4$0
JENNI LEISTERBOARD MEMBER
Trustee or director
0.5$0
LYNDSAY WARNERSECRETARY
Trustee or director, Officer
0.5$0
JANE SMITHVICE-PRESIDENT
Trustee or director, Officer
0.5$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
REBECCA L BRANLEEXECUTIVE DIRECTOR
Trustee or director
40$67,505
JIM WENGERSECRETARY
Trustee or director, Officer
0.5$0
DONNA FELTONBOARD MEMBER
Trustee or director
2$0
SHERI GARMANTREASURER
Trustee or director, Officer
2$0
MARK HOUGHVICE-PRESIDENT
Trustee or director, Officer
0.5$0
ROBYN TALLEYBOARD MEMBER
Trustee or director
0.5$0
SHIRLEY FLICKINGERBOARD MEMBER
Trustee or director
0.5$0
CHRISTINE SENSENICHBOARD MEMBER
Trustee or director
0.5$0
JON WALKERBOARD MEMBER
Trustee or director
0.5$0
MARIA ELLIOTTPRESIDENT
Trustee or director, Officer
4$0
JENNI LEISTERBOARD MEMBER
Trustee or director
0.5$0
LYNDSAY WARNERBOARD MEMBER
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
7 S BROAD ST, LITITZ, PA 17543-1448
Principal officer (990 for 2024)
SHERI GARMAN, 326 ENGLISH IVY DRIVE, LITITZ, PA 17543
Signed the 990
SHERI GARMAN, TREASURER
Phone
(717) 626-6332
Return prepared by
ACUITY ADVISORS AND CPAS LLP

Mission

VENTURE LITITZ WAS ESTABLISHED TO SERVE AS A COMMUNITY BASED ECONOMIC DEVELOPMENT ENTITY FOR THE BUSINESS DISTRICT OF LITITZ, PENNSYLVANIA. THE ORGANIZATION STRIVES TO ENHANCE THE LOOK, FEEL AND FUNCTIONALITY OF THE LITITZ BUSINESS DISTRICT, PROMOTE DOWNTOWN LITITZ AS A DESIRABLE PLACE TO LIVE, SHOP AND VISIT, AND DEVELOP AND EXECUTE A PLAN TO GROW THE ECONOMIC BASE OF THE DOWNTOWN LITITZ BUSINESS DISTRICT.

990 for the year ended December 31, 2024

Program accomplishments

  • BUSINESS PROMOTIONS AND PROGRAMS TO PROMOTE DOWNTOWN LITITZ AS A DESIRABLE PLACE TO LIVE, SHOP AND VISIT AND DEVELOP AND EXECUTE A PLAN TO GROW THE ECONOMIC BASE OF THE LITITZ BUSINESS DISTRICT.
    Expenses $115,699 · revenue $136,487
  • THE GOAL OF VENTURE LITITZ IS TO MARKET THE DOWNTOWN LITITZ AREA AS A DESIRABLE PLACE TO LIVE, SHOP, VISIT, AND INVEST. THE ORGANIZATION ESTABLISHED A DOWNTOWN FARMERS MARKET BEGINNING IN 2008. THIS MARKET PROVIDES BOROUGH RESIDENTS WITH A PEDESTRIAN ACCESSIBLE LOCATION TO PURCHASE FRESH PRODUCE AND OTHER FARM RELATED GOODS. THE MARKET CREATES VISIBILITY AND TANGIBILITY OF THE IMPORTANCE OF AGRICULTURE IN THE LITITZ AREA AS WELL AS INCREASING FOOT TRAFFIC WITHIN THE DOWNTOWN BUSINESS DISTRICT.
    Expenses $11,408 · revenue $9,820

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-3826812
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$582,014
Income (IRS master file)
$412,979

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$296,445$236,636$582,014XML
990December 2023$185,753$114,081$493,860XML
990December 2022$124,665$108,954$333,688IRS
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3826812).

Questions about VENTURE LITITZ

What is the EIN of VENTURE LITITZ?
The employer identification number (EIN) of VENTURE LITITZ is 20-3826812.
Is VENTURE LITITZ tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to VENTURE LITITZ tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VENTURE LITITZ file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VENTURE LITITZ due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VENTURE LITITZ last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of VENTURE LITITZ?
The 990 for the year ended December 31, 2024 names SHERI GARMAN.
Who are the officers and directors of VENTURE LITITZ?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $65,531 (EMILY ALLEN, EXECUTIVE DIRECTOR).
How much revenue does VENTURE LITITZ have?
On its 990 for the year ended December 31, 2024 it reported revenue of $296,445, expenses of $236,636 and total assets of $582,014 at year end.

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