NonprofitsMon Valley Alliance Foundation Inc

Mon Valley Alliance Foundation Inc

MONONGAHELA, PA

Total revenue

$1.1M

Total expenses

$742K

Net assets

$1.8M

Grants received

$324K

8 grants

EIN

251154706

Tax year

2024

Mission

To promote and market economic development and job creation in the mid mon valley communities. Our historical longer-range initiatives of promoting transportation and industrial park infrastructure will be leveraged through public and private investment and innovative strategic and master planning on tangible near term projects intended to meaningfully impact job growth. The results of our activities are expected to produce complimentary improvements to housing, retail and recreational assets in our geographical fringe communities and be collaborative, supportive and accretive to other agencies efforts and increase their ability to succeed in their respective missions.

Financials

FY 2024

Revenue

Contributions & grants$712K
Program service revenue$28K
Investment income$37K
Other revenue$299K
Total revenue$1.1M

Expenses

Grants paid$190K
Salaries & benefits$314K
Fundraising$11K
Other expenses$238K
Total expenses$742K
Total assets$1.8M
Net assets$1.8M

People

13 listed

NameRoleCompensation

JAMIE COLECCHI

CHIEF EXECUTIVE OFFICER

Board

$105K

20 hrs/wk

MICHAEL THORNTON

TREASURER

Board

2 hrs/wk

RANDY PATTERSON

SECRETARY

Board

3 hrs/wk

ANTHONY MAURO

EXECUTIVE MEMBER

Board

1 hrs/wk

EDWARD MENDOLA

EXECUTIVE MEMBER (RESIGNED 9/15/24)

Board

1 hrs/wk

LOUIS A QUARTO

EXECUTIVE MEMBER

Board

1 hrs/wk

JOHN LACARTE

VICE CHAIRMAN

Board

1 hrs/wk

TANYA CHANEY

EXECUTIVE MEMBER

Board

1 hrs/wk

WILL THOMEIER JR

CHAIRMAN

Board

4 hrs/wk

PETER ADAMO

EXECUTIVE MEMBER

Board

1 hrs/wk

JEFF JONES

EXECUTIVE MEMBER

Board

1 hrs/wk

TODD PAPPASERGI

EXECUTIVE MEMBER

Board

1 hrs/wk

GINA C LYNN

EXECUTIVE MEMBER (RESIGNED 9/24/24)

Board

1 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$140K
GENERAL SUPPORT
2024
$75K
TO LAUNCH A BUSINESS RESOURCE CENTER WITHIN THE MID MON VALLEY, PILOTING A PROGRAM TO AID SMALL BUSINESSES IN ACCESSING CAPACITY-BUILDING RESOURCES TO BEGIN, GROW, AND SCALE
2024
$25K
CAPACITY FOR PURSUING FEDERAL FUNDING
2024
$8K
COMMUNITY ENRICHMENT
2023
$750
GENERAL PROGRAM SUPPORT
2022

Funded by

$324K from 7 funders · 8 grants · 2021–2024

Mon Valley Alliance

$140K · 1 grant · 2024

Washington County Community Foundation

$66K · 2 grants · 2021–2024

Hillman Family Foundations

$25K · 1 grant · 2024

Eqt Foundation

$8K · 1 grant · 2023

Bowles Rice Foundation

$750 · 1 grant · 2022

Details

EIN251154706
Subsection03
Ruling date1965-07
Formed1965
Employees5
Volunteers0
MON VALLEY ALLIANCE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo