Nonprofit · EIN 47-3190700
VISIONARY VENTURES NFP CORPORATION
Tax-exempt (reinstated) · ITASCA, IL 60143
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $149,392 | $76,286 | $73,106 | $74,915 | $0 | $74,915 |
| December 31, 2024 | 990 | $216,328 | $218,999 | -$2,671 | $1,809 | $0 | $1,809 |
| December 31, 2023 | 990-EZ | $12,553 | $55,388 | -$42,835 | $4,480 | $0 | $4,480 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $27,400
- Program service revenue
- $121,992
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $76,286
Balance sheet and other
- Total assets, start of year
- $1,809
- Total assets, end of year
- $74,915
- Total liabilities, end of year
- $0
- Net assets, end of year
- $74,915
- Net assets without donor restrictions
- $74,915
- Gross receipts
- $149,392
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2015
- State of legal domicile
- IL
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Shelly Tucciarelli | Executive Director Key employee | 40 | $69,350 |
| Pamala Silas | Board Chair Trustee or director | 6 | $0 |
| Brian Hollenback | Board Secretary Trustee or director | 4 | $0 |
| Kim Vigue | Board member Trustee or director | 4 | $0 |
| Katrina Buban | Board of Directors Member Trustee or director | 4 | $0 |
| Matthew Messner | Board of Directors member Trustee or director | 4 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Shelly Tucciarelli | Executive Director Key employee | 40 | $0 | $13,900 |
| Pamala Silas | Board Chair Trustee or director | 6 | $0 | $0 |
| Brian Hollenback | Board Secretary Trustee or director | 4 | $0 | $0 |
| Kim Vigue | Board member Trustee or director | 4 | $0 | $0 |
| Katrina Buban | Board of Directors Member Trustee or director | 3 | $0 | $0 |
| Matthew Messner | Board of Directors member Trustee or director | 3 | $0 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Shelly Tucciarelli | Executive Director | 35 | $0 |
| Pamala Silas | Board Chair | 5 | $0 |
| Brian Hollenback | Board Secretary | 3 | $0 |
| Kim Vigue | Board member | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 232 S OAK ST, ITASCA, IL 60143-2052
- In care of
- % SHELLY TUCCIARELLI
- Mailing address (990-N for 2021)
- 232 S Oak Street, Itasca IL 60143
- Principal officer (990 for 2025)
- Shelly Tucciarelli, 232 S Oak Street, Itasca, IL 60143
- Principal officer (990-N for 2021)
- Shelly Tucciarelli, 232 S Oak Street, Itasca IL 60143
- Signed the 990
- Shelly Tucciarelli, Executive Director
- Phone
- (312) 286-1737
Mission
The general purpose for which the Visionary Ventures NFP Corporation is formed is to operate exclusively for such charitable and educational purposes as will qualify it as an exempt organization within the meaning of Section 501 c 3 of the code but not limited to fostering the creation and preservation of low income and mixed income housing, providing training and technical assistance in low income communities to help support job creation and economic growth in underserved areas, leveraging public and private investments for economic and community development, and making of distributions to exempt organizations qualified under that section or corresponding section fo any future federal tax code.
Program accomplishments
- Received a grant from Oweesta, who is the longest standing Native CDFI intermediary offering financial products an development services exclusively to Native communities. These grant funds help continue Visionary Ventures work to complete the construction of Jigzibik "At the River's Edge" the first affordable housing designed for our Chicago Urban Native community.Expenses $10,000 · grants $10,000 · revenue $10,000
- Working with the Chicago American Indian Community Collaborative to work with other Native American organizations to help improve the lives of Native Americans living in the Chicagoland area. We are working on affordable housing, education and services for our community. Received a $5,000 grant.Expenses $5,000 · grants $5,000 · revenue $5,000
- Visionary Ventures receive a donation in the amount of $5,000 and it helped cover the cost of the work involved to help close on the financing of Jigzibik. The first affordable housing development for the Chicago Native American community in Chicago's history. There were also expense for the ground blessing ceremony after closing.Expenses $5,000 · revenue $5,000
- Received donations and developer fees to pay the day to day expenses for the Visionary Ventures.Expenses $56,286 · revenue $56,286
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 47-3190700
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $74,915
- Income (IRS master file)
- $149,392
Revocation and reinstatement
- Exemption revoked
- May 15, 2018
- Posted by the IRS
- October 27, 2018
- Reinstated
- Effective May 15, 2018
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $149,392 | $76,286 | $74,915 | IRS |
| 990 | December 2024 | $216,328 | $218,999 | $1,809 | XML |
| 990-EZ | December 2023 | $12,553 | $55,388 | $4,480 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Shelly Tucciarelli | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
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 47-3190700).
Questions about VISIONARY VENTURES NFP CORPORATION
- What is the EIN of VISIONARY VENTURES NFP CORPORATION?
- The employer identification number (EIN) of VISIONARY VENTURES NFP CORPORATION is 47-3190700.
- Is VISIONARY VENTURES NFP CORPORATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2018 and reinstated it effective May 15, 2018.
- Are donations to VISIONARY VENTURES NFP CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VISIONARY VENTURES NFP CORPORATION 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 VISIONARY VENTURES NFP CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VISIONARY VENTURES NFP CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of VISIONARY VENTURES NFP CORPORATION?
- The 990 for the year ended December 31, 2025 names Shelly Tucciarelli.
- Who are the officers and directors of VISIONARY VENTURES NFP CORPORATION?
- The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $69,350 (Shelly Tucciarelli, Executive Director).
- How much revenue does VISIONARY VENTURES NFP CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $149,392, expenses of $76,286 and total assets of $74,915 at year end.
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