NonprofitsValley Health Development Corporation

Health Care

Valley Health Development Corporation

HERKIMER, NY

Total revenue

Total expenses

Net assets

Grants received

EIN

222607657

Tax year

2024

Mission

Prior to 2023, valley health development corporation issued tax exempt mortgage revenue bonds and held a mortgage note from valley health services, inc., a not-for-profit residential health care facility. In september 2000, valley health development corporation issued $8,795,000 in tax exempt mortgage revenue refunding bonds to refinance valley health services', inc. Existing debt. Valley health development corporation administered the bond payments through the bank of new york mellon -new albany, ohio.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income
Other revenue
Total revenue

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses
Total expenses
Total assets
Net assets

People

3 listed

NameRoleCompensation

LISA BETRUS

PRESIDENT

Board

$519K

40 hrs/wk

JOHN MILITELLO

SECRETARY

Board

0

ROBERT BASLOE

TREASURER

Board

0

Details

EIN222607657
NTEE codeE110
Subsection03
Ruling date1985-08
VALLEY HEALTH DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo