Data / Crowdfunding / California / Community Ventures
Community Ventures: crowdfunding raise on Wefunder Portal LLC, $100,000 to $1,000,000 (2016)
Community Ventures, a corporation in Fremont, CA, filed a Form C with the SEC on September 8, 2016 to raise $100,000 to $1,000,000 in debt through Wefunder Portal LLC. The offering closed on November 7, 2016. In its most recent fiscal year it reported $218,517 in revenue and $76,822 in net income.
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- Website
- c-ventures.org
- Funding portal
- Wefunder Portal LLC
- Address
- 4388 LORREN DRIVE, Fremont, CA 94536
- Legal form
- Corporation
- Jurisdiction
- CA
- Incorporated
- November 15, 2008
- SEC CIK
- 0001684220
Offering terms
From the offering filed September 8, 2016.
- Security
- Debt
- Price
- $1.00
- Target
- $100,000
- Maximum
- $1,000,000
- Deadline
- November 7, 2016
- Portal compensation
- 3.0% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Financials
From the Form C-AR filed May 1, 2017.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $218,517 | $107,215 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $76,822 | $-16,670 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $544,769 | $61,130 | sec.gov |
| Cash | $444,769 | $57,805 | sec.gov |
| Accounts receivable | $100,000 | $0 | sec.gov |
| Short-term debt | $3,837 | $421 | sec.gov |
| Long-term debt | $403,401 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| December 17, 2018 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| May 1, 2017 | Annual report | Not listed | Not listed | sec.gov | ||
| September 8, 2016 | Offering | $100,000 | $1,000,000 | November 7, 2016 | sec.gov |
Updated December 17, 2018. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.