Public Charity

VALLEY COMMUNITY DEVELOPMENT CORPORATION

VALLEY COMMUNITY DEVELOPMENT CORPORATION is a Public Charity headquartered in NORTHAMPTON, MA. Financial data from the 2024 filing: $2.5M revenue, $1.6M expenses, $40.2M total assets. 20 publicly reported grants to this organization, totaling roughly $786K, appear in IRS filings.

EIN: 222906466 NORTHAMPTON, MA Latest filing: 2024
Total Revenue$2.5M
Total Expenses$1.6M
Total Assets$40.2M
Grant Records20
Funding Total$786K
Filing Years2019–2024

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.

Officers & Directors

DIRECTOR Bill Fontes
DIRECTOR Carol Walker
PRESIDENT Dorothy Nemetz
DIRECTOR Dr Leslie Saulsberry
DIRECTOR Emily Laufler
CLERK Greg Richane

Officer compensation and complete director data available with membership.

Top Grant Purposes

Community Impact
$619,891 9 grants
PROGRAM
$91,706 6 grants
General Support
$28,220 2 grants
General Operating Support
$20,000 1 grant
HUMAN SERVICES
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.5M $1.6M $40.2M
2023 $4.2M $2.4M $27.0M
2021 $2.0M $2.1M $9.6M
2020 $1.8M $1.9M $9.3M
2019 $2.7M $2.0M $9.1M

Between 2019 and 2024, reported annual revenue declined from $2.7M to $2.5M (-7%), with total assets most recently reported at $40.2M.

Interactive year-over-year charts and full filing details available with membership.

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