NonprofitsValley Wealth Alliance

Human Services

Valley Wealth Alliance

ALLENTOWN, PA

Total revenue

$144K

Total expenses

$116K

Net assets

$28K

Grants received

$5K

2 grants

EIN

854166168

Tax year

2023

Mission

Valley Wealth Alliance is a 501c3 nonprofit organization committed to promoting financial literacy economic empowerment and career readiness. The organization provides educational programs workshops and resources designed to equip youth and adults with essential financial knowledge and skills necessary for financial independence and long-term economic success. Through these programs Valley Wealth Alliance serves individuals and families particularly those in underserved communities by empowering them with financial tools and education to achieve economic stability and success. Our mission is to create a financially literate community where individuals can make informed financial decisions build generational wealth and contribute positively to the economy.

Financials

FY 2023

Revenue

Contributions & grants$73K
Program service revenue$70K
Investment income
Other revenue
Total revenue$144K

Expenses

Grants paid$31K
Salaries & benefits$75K
Fundraising
Other expenses
Total expenses$116K
Total assets$28K
Net assets$28K

People

12 listed

NameRoleCompensation

{"_":"Steve Redmond","attributes":{"referenceDocumentName":"CompensationExplanation"}}

President

Board

20 hrs/wk

{"_":"Jasmine Salgado","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Treasurer

Board

30 hrs/wk

{"_":"Debbie Bethel","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Secretary

Board

2 hrs/wk

{"_":"Lonnie Parker","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Trustee

Board

0.5 hrs/wk

{"_":"Marvin Wideman","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Trustee

Board

0.5 hrs/wk

{"_":"Rashad Ibrahim","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Trustee

Board

2 hrs/wk

{"_":"Dara Gonzalez","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Trustee

Board

10 hrs/wk

{"_":"Zanetta Worthy","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Trustee

Board

10 hrs/wk

{"_":"SarahKnutelsky","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Trustee

Board

10 hrs/wk

Administrative

Board

15 hrs/wk

Administrative

Board

15 hrs/wk

Instructor

Board

20 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$45
UNRESTRICTED OPERATING FUNDS
2022

Funded by

$5K from 2 funders · 2 grants · 2022–2024

Penn Community Bank Foundation

$5K · 1 grant · 2024

Arbella Insurance Foundation

$45 · 1 grant · 2022

Details

EIN854166168
NTEE codeP51
Subsection03
Ruling date2021-06
VALLEY WEALTH ALLIANCE — Mission, Financials & Grants Received | Grantivo