NonprofitsValley Community Development Corporation

Housing & Shelter

Valley Community Development Corporation

NORTHAMPTON, MA

Total revenue

$2.5M

Total expenses

$1.6M

Net assets

$9.3M

Grants received

$894K

25 grants

EIN

222906466

Tax year

2024

Mission

Valley community development builds social equity by expanding housing and small business opportunities.

Programs

3 programs

Small business - provides small business technical assistance and workshops primarily to people with low and moderate incomes and underserved populations (bipoc communities, women, and veterans).

Expenses: $101K

Housing development- valley creates and preserves affordable housing opportunities for people with low and moderate incomes, unhoused people, and other vulnerable populations in hampshire and franklin counties.

Expenses: $211K

Homeownership support - assists first time home buyers with pre and post-purchase counseling, foreclosure prevention, and financial literacy counseling through workshops and one to one support.

Expenses: $113K

Financials

FY 2024

Revenue

Contributions & grants$1.9M
Program service revenue
Investment income$29K
Other revenue$564K
Total revenue$2.5M

Expenses

Grants paid
Salaries & benefits$617K
Fundraising$12K
Other expenses$990K
Total expenses$1.6M
Total assets$40.2M
Net assets$9.3M

People

11 listed

NameRoleCompensation

RICHARD ABBOTT

TREASURER

Board

1.25 hrs/wk

KIM ALSTON

VICE PRESIDENT

Board

1 hrs/wk

GREG RICHANE

CLERK

Board

1 hrs/wk

DOROTHY NEMETZ

PRESIDENT

Board

1 hrs/wk

HUGH HEISLER

DIRECTOR

Board

0.5 hrs/wk

BILL FONTES

DIRECTOR

Board

0.5 hrs/wk

CAROL WALKER

DIRECTOR

Board

0.5 hrs/wk

TASHA SAMS

DIRECTOR

Board

0.5 hrs/wk

EMILY LAUFLER

DIRECTOR

Board

0.25 hrs/wk

DR LESLIE SAULSBERRY

DIRECTOR

Board

0.5 hrs/wk

SOPHIE CHAMBERS

DIRECTOR

Board

0.5 hrs/wk

Independent contractors

AUSTIN DESIGN COOPERATIVE INC

ARCHITECT

$246K

KEITER CORPORATION

CONSTRUCTION

$107K

Grants received

Showing 25 of 25

FromAmountPurposeYear
$242K
Community Impact
2023
$8K
PROGRAM SUPPORT
2023
$3K
FIRST TIME HOME BUYER PROGRAM
2023
$2K
EXEMPT PURPOSE
2023
$300
TO EXPAND HOUSING & SMALL BUSINESS
2023
$23K
Community Impact
2022
$20K
General Operating Support
2022
$15K
IMMIGRANT SMALL BUSINESS LITERACY
2022
$15K
HUMAN SERVICES
2022
$5K
SUSTAINABLE HOMEOWNERSHIP PROGRAM
2022
$85K
Community Impact
2021
$30K
ECONOLODGE LIFE SKILLS LIVING CENTER PRE PURCHASE COSTS
2021
$15K
IMMIGRANT BUSINESS LITERACY AND CONSULTING PROGRAM
2021
$83K
Community Impact
2020
$15K
General Support
2020
$89K
Community Impact
2019
$42K
Community Impact
2018
$28K
Community Impact
2017

Funded by

$894K from 13 funders · 25 grants · 2017–2023

United Way Of Massachusetts Bay Inc

$592K · 7 grants · 2017–2023

United Way Of The Franklin & Hampshire

$62K · 4 grants · 2019–2022

Td Charitable Foundation

$30K · 2 grants · 2021–2022

Zell Family Foundation Inc

$30K · 1 grant · 2021

The Chicago Community Trust

$20K · 1 grant · 2022

JustGive Inc

$15K · 1 grant · 2020

National Philanthropic Trust

$15K · 1 grant · 2022

Details

EIN222906466
NTEE codeL30Z
Subsection03
Ruling date1989-05
Formed1988
Employees12
Volunteers0
VALLEY COMMUNITY DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo