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Nonprofit · EIN 77-0389802

JOINT VENTURE SILICON VALLEY NETWORK

Tax-exempt · SAN JOSE, CA 95113

Financials

$2.9M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of JOINT VENTURE SILICON VALLEY NETWORK by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,939,944$2,729,461$210,483$2,011,136$956,330$1,054,806
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,786,515
of which government grants
$1,507,877
Program service revenue
$0
Investment income
$35,348
Net rental income
$118,081
Net gain from sales of assets
$733
Other revenue
$118,081

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$561,505
Other salaries and wages
$1,128,525
Salaries, compensation and benefits (total)
$2,005,949
Professional fundraising fees
$0
Accounting fees
$90,417
Occupancy
$135,779
Travel
$88,454
Depreciation
$6,614
Program services (functional)
$1,757,396
Management and general (functional)
$747,823
Fundraising (functional)
$224,242

Balance sheet and other

Total assets, start of year
$2,041,480
Total assets, end of year
$2,011,136
Total liabilities, end of year
$956,330
Net assets, end of year
$1,054,806
Land, buildings and equipment
$10,024
Net assets without donor restrictions
$635,557
Net assets with donor restrictions
$419,249
Gross receipts
$3,326,192
Employees
13
Volunteers
43
Year formed
1992
State of legal domicile
CA

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
RUSSELL HANCOCKPRESIDENT/CEO
Officer
40$405,543
RACHEL MASSAROVP & DIRECTOR OF RESEARCH
Officer
36$179,017
ASHLEY RAGGIOCHIEF OPERATIONS OFFICER
Highest-paid employee
40$143,913
KARA GROSSDIRECTOR, SILICON VALLEY ECONOMIC DEVELOPMENT ALLI
Highest-paid employee
24$124,128
ROBIN MARTINEXECUTIVE DIRECTOR, FOOD RECOVERY INITIATIVE
Highest-paid employee
36$113,185
ROBIN DORANVP COMMUNICATIONS (FORMER)
Former
0$109,517
CIARA LOWASSOCIATE DIRECTOR, FOOD RECOVERY INITIATIVE
Highest-paid employee
40$107,008
JILL JENNINGSCREATIVE DIRECTOR
Highest-paid employee
40$105,572
BRENT HARRISCO-CHAIR
Trustee or director, Officer
2$0
CYNTHIA TENIENTE-MATSONCO-CHAIR
Trustee or director, Officer
2$0
CHARLES ATKINSBOARD MEMBER
Trustee or director
2$0
DAVID BINIBOARD MEMBER
Trustee or director
2$0
LISA BOWMANBOARD MEMBER
Trustee or director
2$0
RAKESH CHAUDHARYBOARD MEMBER
Trustee or director
2$0
DOUG CLARKBOARD MEMBER
Trustee or director
2$0
26 more people on this return
NameTitleHours / weekCompensation
JON COWANBOARD MEMBER
Trustee or director
2$0
LISA CUPPETTBOARD MEMBER
Trustee or director
2$0
ROB DAVISBOARD MEMBER
Trustee or director
2$0
SUSAN ELLENBERGBOARD MEMBER
Trustee or director
2$0
DAVID ENTWISTLEBOARD MEMBER
Trustee or director
2$0
KATIE FERRICKBOARD MEMBER
Trustee or director
2$0
JAMES GLASERBOARD MEMBER
Trustee or director
2$0
JAVIER GONZALEZBOARD MEMBER
Trustee or director
2$0
RAQUEL GONZALEZBOARD MEMBER
Trustee or director
2$0
MARY HAMILTONBOARD MEMBER
Trustee or director
2$0
SCOTT HAYWOODBOARD MEMBER
Trustee or director
2$0
KELLY KLINEBOARD MEMBER
Trustee or director
2$0
LEE LAMBERTBOARD MEMBER
Trustee or director
2$0
MICHELE LEWBOARD MEMBER
Trustee or director
2$0
MATT MAHANBOARD MEMBER
Trustee or director
2$0
TONY MESTRESBOARD MEMBER
Trustee or director
2$0
DELINDA MROWKABOARD MEMBER
Trustee or director
2$0
MAIRTINI NIDHOMHNAILLBOARD MEMBER
Trustee or director
2$0
MOOKIE PATELBOARD MEMBER
Trustee or director
2$0
DAVID SACARELOSBOARD MEMBER
Trustee or director
2$0
KARENA SHACKELFORDBOARD MEMBER
Trustee or director
2$0
ED SHIKADABOARD MEMBER
Trustee or director
2$0
JENNIFER TAYLOR-MENDOZABOARD MEMBER
Trustee or director
2$0
NEIL THWAITESBOARD MEMBER
Trustee or director
2$0
JOHN VARELABOARD MEMBER
Trustee or director
2$0
JESSICA WEAREBOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
84 W SANTA CLARA ST STE 800, SAN JOSE, CA 95113-1810
In care of
% THOMAS A SKORNIA SECRETARY
Principal officer (990 for 2024)
RUSSELL HANCOCK, PO BOX 720010, SAN JOSE, CA 95172
Signed the 990
RUSSELL HANCOCK, PRESIDENT/CEO
Phone
(408) 577-2255
Return prepared by
RLA LLP

Mission

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 LEADERS ACROSS BUSINESS, GOVERNMENT, ACADEMIA, LABOR, AND THE BROADER COMMUNITY TO TAKE UP THE CHALLENGES SPOTLIGHTED BY THE RESEARCH.

990 for the year ended June 30, 2025

Program accomplishments

  • 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.
    Expenses $898,957
  • 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.
    Expenses $508,502
  • 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.
    Expenses $349,937

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
77-0389802
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
1995
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B95Z)
Assets (IRS master file)
$2,011,136
Income (IRS master file)
$3,326,192

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024–––IRS
990June 2023$2,542,322$2,639,803$2,155,070IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about JOINT VENTURE SILICON VALLEY NETWORK

What is the EIN of JOINT VENTURE SILICON VALLEY NETWORK?
The employer identification number (EIN) of JOINT VENTURE SILICON VALLEY NETWORK is 77-0389802.
Is JOINT VENTURE SILICON VALLEY NETWORK tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to JOINT VENTURE SILICON VALLEY NETWORK tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does JOINT VENTURE SILICON VALLEY NETWORK 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 JOINT VENTURE SILICON VALLEY NETWORK due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JOINT VENTURE SILICON VALLEY NETWORK last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of JOINT VENTURE SILICON VALLEY NETWORK?
The 990 for the year ended June 30, 2025 names RUSSELL HANCOCK.
Who are the officers and directors of JOINT VENTURE SILICON VALLEY NETWORK?
The 990 for the year ended June 30, 2025 lists 41 people; 8 received compensation from the organization, the highest $405,543 (RUSSELL HANCOCK, PRESIDENT/CEO).
How much revenue does JOINT VENTURE SILICON VALLEY NETWORK have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,939,944, expenses of $2,729,461 and total assets of $2,011,136 at year end.

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