Massachusetts · Nonprofit
VALLEY COMMUNITY DEVELOPMENT CORPORATION
VALLEY COMMUNITY DEVELOPMENT CORPORATION (Massachusetts) receives grants from 14 organizations whose IRS filings report $1,213,017 to it, the largest being United Way Of Massachusetts Bay Inc ($619,891). 8 of them have funded it in more than one year.
- Revenue FY2024
- $5.0M
- Funders on record
- 14
- Grants received
- $1.2M
- Net assets
- $8.3M
What Valley Community Development Corporation does
Mission
Valley community development seeks to empower low and moderate income people and underserved populations. We accomplish these goals by focusing on three areas of community development; homeownership support including first-time homebuyer workshops and foreclosure prevention counseling; creating affordable housing; and small business development.
As stated on its FY2024 Form 990.
Programs
Rental properties- provides permanent affordable rental housing to low and moderate income and underserved populations in northampton and amherst. All current owned rental properties were developed by valley.
$812,446 spent66% of program spendingSmall business - provides small business technical assistance and workshops primarily to people with low and moderate incomes and underserved populations (bipoc communities, women, and veterans).
$100,809 spent8% of program spendingHousing 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.
$211,352 spent17% of program spendingHomeownership 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.
$112,669 spent9% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,237,276.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 $13M to $27M (+103%).
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: 2019 18% · 2020 10% · 2021 21% · 2022 25% · 2023 67% · 2024 9%. Grants only. Government contracts and fees sit inside program revenue.
74% of VALLEY COMMUNITY DEVELOPMENT CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (39% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 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.
The chief executive listed changed between the FY2020 and FY2021, and between the FY2021 and FY2022 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 8 funders, grant income rose $54k → $100k.
4 of 14 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% 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 VALLEY COMMUNITY DEVELOPMENT CORPORATION’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
VALLEY COMMUNITY DEVELOPMENT CORPORATION leans on a few funders — its largest provides 51% of grant income and the top three 80%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
67% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund VALLEY COMMUNITY DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2017 45% · 2018 66% · 2019 74% · 2020 70% · 2021 74% · 2022 39% · 2023 23% — diversifying over time.
“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
40% of VALLEY COMMUNITY DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 57% 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
80% of VALLEY COMMUNITY DEVELOPMENT CORPORATION's grant income comes from Massachusetts funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $74k arriving through sponsors registered in 4 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
VALLEY COMMUNITY DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 3,973 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024
Organizations like VALLEY COMMUNITY DEVELOPMENT CORPORATION
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 Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
84% of spending goes to programs.
Governance
Public support
98%
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 9 related entities
- Bridge Street LLC · disregarded
- Valley Go West LLC · disregarded
- Valley School Street LLC · disregarded
- Valley North Maple LLC · disregarded
- Valley King Street LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for VALLEY COMMUNITY DEVELOPMENT CORPORATION: 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 VALLEY COMMUNITY DEVELOPMENT CORPORATION?
- VALLEY COMMUNITY DEVELOPMENT CORPORATION (Massachusetts) receives grants from 14 organizations whose IRS filings report $1,213,017 to it, the largest being United Way Of Massachusetts Bay Inc ($619,891). 8 of them have funded it in more than one year.
- How many funders does VALLEY COMMUNITY DEVELOPMENT CORPORATION have?
- IRS filings report 14 organizations giving $1,213,017 in grants to VALLEY COMMUNITY DEVELOPMENT CORPORATION, 8 of which have funded it in more than one year.
- Who is the largest funder of VALLEY COMMUNITY DEVELOPMENT CORPORATION?
- United Way Of Massachusetts Bay Inc is the largest funder on record, with $619,891 in grants. The full list of funders is on this page.
- How can an organization like VALLEY COMMUNITY DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 FY2024 (financials across 2017–2024), and the filings of 14 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 14, 2026. What this page cannot tell you · view filing