Valley Housing Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222838722 ✦ Emmaus, PA ✦ Designated as a 501(c)(3)

Overview

What is Valley Housing Development Corp?

Valley Housing Development Corp is a nonprofit organization established with the purpose of addressing housing needs for low- and moderate-income families. They manage funds to offer affordable home loans, making housing accessible for those who might struggle in the private market. Additionally, they provide transitional housing for individuals and families leaving homeless shelters, ensuring a smooth transition to independent living. Lastly, they offer low-cost rental properties to support these income groups, contributing to their overall housing stability.


Official website here: www.none

Is Valley Housing Development Corp legitimate?

Valley Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Housing Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.none

What is the mission statement of Valley Housing Development Corp?

Valley Housing Development Corp was established with the mission to manage funds for providing affordable housing solutions. The corporation aims to offer loans to low and moderate-income households who might struggle to secure housing in the private market. Additionally, Valley Housing Development Corp provides transitional housing for those exiting homeless shelters. Furthermore, the organization offers low-cost rental housing options for low and moderate-income families. In essence, the corporation's mission is to ensure that individuals in need of housing have access to suitable options.


Official website here: www.none

Who is the CEO of Valley Housing Development Corp?

Joseph Schupp is the President of Valley Housing Development Corp.


Official website here: www.none

What is the revenue of Valley Housing Development Corp?

Valley Housing Development Corp's revenue in 2022 was $5,132,183.


Official website here: www.none

Who are the executives of Valley Housing Development Corp and what are their salaries?

Here are 11 key members and their salaries:

    Joseph Schupp (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Edwards (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Kern (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Unger (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adrienne Kwiatek-Holub (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Kazarnowicz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kent Herman (Solicitor) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Dodd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Andronis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Maurer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Highet (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.none

    Where can I find the form 990 for Valley Housing Development Corp?

    The Valley Housing Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.none

    Learn more at the official website: www.none

    Mission Statement of Valley Housing Development Corp

    Valley Housing Development Corp, a nonprofit organization, was established with the primary objective of addressing the housing needs of low-income and moderate-income families. The corporation's mission is multifaceted, aiming to provide housing solutions that are not readily available in the private market. It accomplishes this by administering funds to provide loans for housing, thereby making it more affordable for these income groups.

    In addition to loan provision, Valley Housing Development Corp also offers transitional housing for individuals and families who have recently exited homeless shelters. This transitional housing serves as a stepping stone, helping these individuals regain stability and independence. Furthermore, the organization provides low-cost rental housing for low-income and moderate-income families, ensuring that they have access to decent and affordable living spaces.

    By fulfilling these housing needs, Valley Housing Development Corp plays a significant role in improving the living conditions of its target population. The organization's mission is aligned with the broader goal of promoting social equality and ensuring that everyone has access to basic necessities, including a safe and secure home.

    Impact

    This information is meant to be a general summary of Valley Housing Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Valley Housing Development Corp's impact is significant in providing loans for housing to low and moderate-income households who may otherwise struggle to find affordable housing in the private market. Additionally, they offer transitional housing for individuals and families coming out of homeless shelters, as well as low-cost rental housing options for those in need. Their work directly addresses the critical issue of housing insecurity and plays a vital role in supporting vulnerable populations in Emmaus, PA.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $172,596
  • Program Service Revenue: $2,639,377
  • Gross Receipts: $5,132,183

    • Assets and Liabilities:
  • Total Assets: $13,755,428
  • Total Liabilities: $6,083,922
  • Net Assets: $7,671,506
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TENANT RENT

    Revenue

    $868,836

    TENANT BASED ASSISTANC

    Revenue

    $722,864

    TENANT RENT - OTHER

    Revenue

    $528,786

    PROGRAM RELATED INV. I

    Revenue

    $444,297

    MANAGEMENT FEES

    Revenue

    $74,594

    Organization Details

    Founding Year

    1982

    Principal Officer

    Joseph Schupp

    Main Address

    635 BROAD STREET, EMMAUS, PA, 18049

    Website

    www.none

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Valley Housing Development Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.