nonprofit logo

Valley Community Development Corporation

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

EIN: 222906466 ✦ Northampton, MA ✦ Designated as a 501(c)(3)

Overview

What is Valley Community Development Corporation?

Valley Community Development Corporation, located at 256 Pleasant Street Suite A, Northampton, MA 01060, is a dedicated nonprofit organization with a mission to empower low- and moderate-income individuals and underserved populations. They achieve this objective through three key areas of community development: providing support for homeownership, such as first-time homebuyer workshops and foreclosure prevention counseling; creating affordable housing; and fostering small business development. Beyond rental properties, Valley Community Development Corporation also develops these properties, ensuring the availability of permanent, affordable housing for the community in Northampton and Amherst. With a team of 11 employees, this organization is committed to uplifting its community by addressing essential needs and promoting sustainable growth.


Official website here: www.valleycdc.org

Is Valley Community Development Corporation legitimate?

Valley Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Community Development Corporation 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: $57,116
Professional Fundraising Fees: $0
Other Salaries and Wages: $399,910

For more financial information, click here


Official website here: www.valleycdc.org

What is the mission statement of Valley Community Development Corporation?

Valley Community Development Corporation works towards empowering low- and moderate-income individuals and underserved populations. They achieve this by focusing on three key areas of community development: providing support for homeownership through workshops and foreclosure prevention counseling, creating affordable housing, and promoting small business development. The organization also manages rental properties, offering permanent, affordable housing to these same populations. All rental properties were developed by Valley Community Development Corporation itself.


Official website here: www.valleycdc.org

Who is the CEO of Valley Community Development Corporation?

Liz Sullivan is the Treasurer of Valley Community Development Corporation.


Official website here: www.valleycdc.org

What is the revenue of Valley Community Development Corporation?

Valley Community Development Corporation's revenue in 2022 was $2,066,960.


Official website here: www.valleycdc.org

Who are the executives of Valley Community Development Corporation and what are their salaries?

The average compensation at Valley Community Development Corporation during 2022 was $41,548. There are 11 employees and 16 volunteers at Valley Community Development Corporation.

Here are 16 key members and their salaries:

    Richard Abbott (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Bauman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pat Byrnes (Clerk) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Madeline Weaver Blanchette (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Fyden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angelique Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theresa Lavalley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Fontes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorothy Nemetz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Richane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maureen Borg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Leslie Saulsberry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexis Breiteneicher (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Liz Sullivan (Fiscal Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.valleycdc.org

    Where can I find the form 990 for Valley Community Development Corporation?

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


    Official website here: www.valleycdc.org

    Learn more at the official website: www.valleycdc.org

    Mission Statement of Valley Community Development Corporation

    Valley Community Development Corporation, a nonprofit organization, is committed to empowering low- and moderate-income individuals and underserved populations. They achieve this by focusing on three key areas of community development: homeownership support, creating affordable housing, and small business development. Their homeownership support includes offering first-time homebuyer workshops and foreclosure prevention counseling. In their pursuit of creating affordable housing, they develop rental properties that provide permanent, affordable housing to those in need. Lastly, they contribute to small business development by supporting the growth and sustainability of small businesses within the community.

    Impact

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




    Thursday, August 15, 2024

    Valley Community Development Corporation's impact can be seen in its efforts to empower low- and moderate-income individuals and underserved populations. Through its focus on homeownership support, affordable housing creation, and small business development, Valley Community Development works to provide valuable resources and opportunities to those in need. They offer first-time homebuyer workshops, foreclosure prevention counseling, and rental properties that provide permanent affordable housing to low and moderate-income individuals in Northampton and Amherst. By addressing critical needs in the community, Valley Community Development is making a positive difference in the lives of many individuals and families.





    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: $2,162
  • Program Service Revenue: $164,114
  • Gross Receipts: $2,066,960

    • Assets and Liabilities:
  • Total Assets: $13,299,896
  • Total Liabilities: $10,054,297
  • Net Assets: $3,245,599
  • Programs

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

    DEVELOPER FEE

    Revenue

    $164,114

    Organization Details

    Founding Year

    1988

    Principal Officer

    Liz Sullivan

    Main Address

    256 PLEASANT STREET SUITE A, NORTHAMPTON, MA, 01060

    NTEE Category

    Code: L30Z - Housing

    If you are a representative of Valley Community Development Corporation 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.