Pennsylvania · Nonprofit
MON VALLEY INITIATIVE
MON VALLEY INITIATIVE (Pennsylvania) receives grants from 18 organizations whose IRS filings report $15,026,027 to it, the largest being MCCUNE FOUNDATION PNC BANK NA ($8,320,000). 11 of them have funded it in more than one year.
- Revenue FY2025
- $3.4M
- Funders on record
- 18
- Grants received
- $15M
- Net assets
- $21M
What Mon Valley Initiative does
Mission
Mon Valley Initiative is a regional community development coporation representing communities and stakeholders along the monogahela river and its tributaries in three southwestern pennsylvania counties. Mvi is organized into three program areas, to best carry out its mission of "Mon Valley Initiative strengthens the mon valley region by responsibly investing in our people and places". The three program areas are real estate and community development, housing counseling and workforce development and financial coaching.
As stated on its FY2025 Form 990.
Programs
Real estate development: the purpose of mvi's real estate development program is to help rebuild the fabric of mvi's member communities, thereby stabilizing both the built environment and property values, maintaining the tax base, and promoting a culture of public safety and community confidence. Mvi provides direct real estate development services through existing programs including "rehab for resale" (acquisition, renovation and resale of existing blighted and vacant properties), new construction housing in targeted areas, owner- occupied rehabs, residential rental development, the development of strategic commercial spaces in targeted business districts, and various complementary initiatives in community planning, zoning and marketing outreach. Mvi and its locally-based partners have now completed construction, redevelopment or facilitated the transfer of 675 units of housing, with 8 units under construction and 12 units in predevelopment.
$2,562,220 spent63% of program spendingHousing counseling: the Mon Valley Initiative national intermediary is a hud-approved national housing counseling intermediary that provides administrative services, housing counseling funding, and performance monitoring services to a national network of sub-grantee agencies. The agencies in turn provide eligible housing counseling services to participants in their local areas. During the 2025 hud fiscal year, the agencies provided housing counseling to 7,658 households. Mvi's housing counseling program is a sub-grantee agency of the Mon Valley Initiative national intermediary. The purpose of mvi's pre-purchase housing counseling program is to educate and assist individuals and families, with low and moderate incomes, in the process of obtaining an affordable mortgage to facilitate the purchase of a home. Mvi provides credit and budget analyses, and hud- and phfa-approved housing counseling action plans to bring participants to mortgage-readiness. Mvi also coordinates services with several other housing counseling agencies in our area. During 2025, mvi's housing counseling program provided assistance to 148 participants through pre-purchase housing counseling. Of those receiving…
$694,162 spentof which $547,418 as grants17% of program spendingCommunity development: the community development and outreach efforts undertaken through this program support and engage volunteers, partner organizations, community residents and stakeholders to build connections and gather vital guidance and feedback, ensuring the mvi remains deeply engaged at the local level. The program staff provide guidance to partner organizations, coordinate special events, and provide support to the other mvi program areas. Mvi's work was supported by a volunteer base of approximately 135 individuals in 2025.
$440,158 spent11% of program spendingWorkforce development and financial coaching: the purpose of mvi's workforce development and financial coaching program is to increase the income levels and financial self-sufficiency of local residents through effective career development services and financial coaching, assisting the unemployed and under-employed to advance. In addition to the assistance provided to participants, the team works with local employers to understand their human resource needs. Mvi provides direct services to participants through basic career counseling, financial coaching, classroom work, seminars, and pre- and post-employment case management. Mvi also works with mon valley employers to identify skill requirements and employment opportunities, and to make connections on behalf of mvi's participants. In addition to direct recruitment and job fairs, employers volunteer presenting in career exploration workshops and doing practice interviews with participants. In 2025, mvi served 373 participants. "served" is defined as meeting a program milestone: enrolled, completed the program, obtained employment, or maintained employment for at least six months. During the year, 231 participants enrolled in mvi's…
$385,206 spent9% of program spending
The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $4,081,746.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $14M to $23M (+57%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 15% · 2021 15% · 2022 10% · 2023 4% · 2024 14% · 2025 23%. Grants only. Government contracts and fees sit inside program revenue.
58% of MON VALLEY INITIATIVE’s revenue is contributions — about as donation-reliant as the typical peer (60% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Laura Zinski
CEO
Board chair
Jane Flaherty
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 5 funders to 9 funders, grant income rose $366k → $11M.
3 of 18 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 12% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of MON VALLEY INITIATIVE’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MON VALLEY INITIATIVE leans on a few funders — its largest provides 55% of grant income and the top three 84%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 34% · 2018 55% · 2019 26% · 2020 43% · 2021 27% · 2022 41% · 2023 68% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
50% of MON VALLEY INITIATIVE's funders are still giving 3 years after their first grant; 61% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
98% of MON VALLEY INITIATIVE's grant income comes from Pennsylvania funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.8M arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MON VALLEY INITIATIVE is better cushioned than half of the 2,299 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 2,299 community improvement nonprofits $1M–$10M, FY2025
Government funding MON VALLEY INITIATIVE receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5.3M on record.
- Department of Housing and Urban Development$5.3M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like MON VALLEY INITIATIVE
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Pennsylvania
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
94% of spending goes to programs.
Governance
Public support
96%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 4 related entities
- North East Housing Associates · partnership
- East Braddock Housing Development L · partnership
- North East Housing Corporation · corp_trust
- East Braddock Housing Development · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for MON VALLEY INITIATIVE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MON VALLEY INITIATIVE?
- MON VALLEY INITIATIVE (Pennsylvania) receives grants from 18 organizations whose IRS filings report $15,026,027 to it, the largest being MCCUNE FOUNDATION PNC BANK NA ($8,320,000). 11 of them have funded it in more than one year.
- How many funders does MON VALLEY INITIATIVE have?
- IRS filings report 18 organizations giving $15,026,027 in grants to MON VALLEY INITIATIVE, 11 of which have funded it in more than one year.
- Who is the largest funder of MON VALLEY INITIATIVE?
- MCCUNE FOUNDATION PNC BANK NA is the largest funder on record, with $8,320,000 in grants. The full list of funders is on this page.
- How can an organization like MON VALLEY INITIATIVE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 18 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing