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Ohio · Nonprofit

VALLEY ECONOMIC DEVELOPMENT PARTNERS INC

VALLEY ECONOMIC DEVELOPMENT PARTNERS INC (Ohio) receives grants from 4 organizations whose IRS filings report $375,670 to it, the largest being THE RAYMOND JOHN WEAN FOUNDATION ($308,000). 3 of them have funded it in more than one year.

Revenue FY2025
$4.3M
Funders on record
4
Grants received
$376k
Net assets
$37M
3/4 repeat funderspeak grant-dependency 2%
01What it does

What Valley Economic Development Partners Inc does

Mission

To support the creation and expansion of small businesses and local jobs where economic opportunity is needed most through education classes and flexible lending solutions in collaboration with other community development organizations.

As stated on its FY2025 Form 990.

Program

  1. Promote economic development and employment opportunities through business creation, expansion, and retention. Develop and operate a diversified portfolio of loan programs and other services to address the needs of regional businesses. Establish and maintain strong relationships with financial, educational, business, government, and development organizations and attract investors for new business opportunities. In 2025, valley partners closed 149 financial products for a total of $9.6 million.

    $1,807,213 spentof which $784,171 as grants$2,163,346 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $1,807,213.

02The organization over time

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.

100 = 20172017 Revenue 100 ($1.2M) Expenses 100 ($1.5M) Net assets 100 ($17M)2018 Revenue 87 ($1.1M) Expenses 67 ($974k) Net assets 94 ($16M)2019 Revenue 134 ($1.7M) Expenses 83 ($1.2M) Net assets 97 ($16M)2020 Revenue 965 ($12M) Expenses 384 ($5.6M) Net assets 79 ($13M)2021 Revenue 596 ($7.4M) Expenses 152 ($2.2M) Net assets 110 ($18M)2022 Revenue 613 ($7.6M) Expenses 224 ($3.3M) Net assets 135 ($23M)2023 Revenue 661 ($8.2M) Expenses 89 ($1.3M) Net assets 177 ($30M)2024 Revenue 609 ($7.5M) Expenses 152 ($2.2M) Net assets 208 ($35M)2025 Revenue 348 ($4.3M) Expenses 145 ($2.1M) Net assets 222 ($37M)
'17'18'19'20'21'22'23'24'25
Revenue (348)Expenses (145)Net assets (222)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $26M to $51M (+95%).

$20M
$19M
$19M
$26M
$51M
$34M
$45M
$47M
$47M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 34% · 2018 14% · 2019 5% · 2020 77% · 2021 46% · 2022 83% · 2023 78% · 2024 54% · 2025 40%. Grants only. Government contracts and fees sit inside program revenue.

44% of VALLEY ECONOMIC DEVELOPMENT PARTNERS INC’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

−$225k
’17
$99k
’18
$441k
’19
$6.3M
’20
$5.1M
’21
$4.3M
’22
$6.9M
’23
$5.3M
’24
$2.2M
’25
37
months of
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

Teresa Miller

Executive director

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2019 and FY2020 filings.

'17'18'19'20'21'22'23'24'25
Listed262523191616181718
Joined·+7+1+4+6+0+4+0+4
No longer listed·83890213
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income rose $11k → $154k.

Left out of every figure on this page: $10k from one payer (the payer shares this organization's board, largest The Warren Area Chamber of Commerce Education Civic & Cultural Foundation). These are real filings, and they are not money VALLEY ECONOMIC DEVELOPMENT PARTNERS INC raised.

From the IRS filings of VALLEY ECONOMIC DEVELOPMENT PARTNERS INC’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 ECONOMIC DEVELOPMENT PARTNERS INC leans on a few funders — its largest provides 82% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

82%
largest funder
96%
top three
~1
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% · 2023 100% — broadly stable.

“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.

Where its funders are

100% of VALLEY ECONOMIC DEVELOPMENT PARTNERS INC's grant income comes from Ohio funders.

OH

In-state vs out-of-state, by year

’19
’20
’21
’23
Ohio out of state home

Funder states come from each funder’s own filing. 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.

04Its place in the field

Against its field

VALLEY ECONOMIC DEVELOPMENT PARTNERS INC runs a healthier operating margin than three-quarters of the 2,127 community improvement nonprofits its size.

Operating margin51% · top quartile
Months of reserve36.6mo · top quartile
Revenue growth (annualized)17% · above the median

this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025

Government funding VALLEY ECONOMIC DEVELOPMENT PARTNERS INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $14.9M on record.

Federal$14.9M
grants $14.9Mcontracts $0
17
18
19
20
21
23
24
Top agencies
  • Department of Commerce$7.7M
  • Department of the Treasury$6.6M
  • Department of Agriculture$500k
  • Department of Defense$116k

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 VALLEY ECONOMIC DEVELOPMENT PARTNERS INC

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 Ohio

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

86% of spending goes to programs.

Program 86%Management 14%Fundraising 0%

Governance

17
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

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

OH

Part of a family of 2 related entities

  • Economic Development Rail Corp · exempt
  • Economic Development Rail II Corp · exempt

Screen this organization

A dated, signed PDF of the compliance screen for VALLEY ECONOMIC DEVELOPMENT PARTNERS INC: 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.

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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 ECONOMIC DEVELOPMENT PARTNERS INC?
VALLEY ECONOMIC DEVELOPMENT PARTNERS INC (Ohio) receives grants from 4 organizations whose IRS filings report $375,670 to it, the largest being THE RAYMOND JOHN WEAN FOUNDATION ($308,000). 3 of them have funded it in more than one year.
How many funders does VALLEY ECONOMIC DEVELOPMENT PARTNERS INC have?
IRS filings report 4 organizations giving $375,670 in grants to VALLEY ECONOMIC DEVELOPMENT PARTNERS INC, 3 of which have funded it in more than one year.
Who is the largest funder of VALLEY ECONOMIC DEVELOPMENT PARTNERS INC?
THE RAYMOND JOHN WEAN FOUNDATION is the largest funder on record, with $308,000 in grants. The full list of funders is on this page.
How can an organization like VALLEY ECONOMIC DEVELOPMENT PARTNERS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. 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 2017–2025), and the filings of 4 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