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Valley Housing Development Corp Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042762580 ✦ Springfield, MA ✦ Designated as a 501(c)(3)

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Overview

What is Valley Housing Development Corp Inc?

Valley Housing Development Corp Inc, located in Springfield, Massachusetts, is a nonprofit organization dedicated to addressing housing needs. Specifically, they provide affordable housing facilities for farm laborers, with 18 units established in Holyoke, Massachusetts. Their primary mission is centered around this objective, aiming to enhance living conditions for this particular community.

Is Valley Housing Development Corp Inc legitimate?

Valley Housing Development Corp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Housing Development Corp Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,608

For more financial information, click here

What is the mission statement of Valley Housing Development Corp Inc?

Valley Housing Development Corp Inc's primary mission is centered around providing affordable housing facilities for farm laborers. This organization strives to meet the housing needs of this specific group, ensuring they have access to suitable living spaces. As evidenced by their actions, Valley Housing Development Corp Inc has successfully provided 18 residential units in Holyoke, Massachusetts, to cater to farm laborers. By offering affordable housing, the corporation contributes to the well-being and stability of these workers, enabling them to focus on their livelihoods.

Who is the CEO of Valley Housing Development Corp Inc?

Dolores Scott is the President/Director of Valley Housing Development Corp Inc.

What is the revenue of Valley Housing Development Corp Inc?

Valley Housing Development Corp Inc's revenue in 2022 was $223,568.

Who are the executives of Valley Housing Development Corp Inc and what are their salaries?


Here are 9 key members and their salaries:


Betty Lichtenstein (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dolores Scott (Treasurer/Asst. Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylvia Galvan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Birks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Cooper-Gordan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diosdado Lopez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Vega (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miguel Arce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Valley Housing Development Corp Inc?

Valley Housing Development Corp Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Valley Housing Development Corp Inc

Valley Housing Development Corporation is dedicated to serving farm laborers by providing them with affordable housing facilities. This nonprofit organization's primary mission is to address the housing needs of these individuals, ensuring they have access to decent and affordable living spaces. In fulfilling its mission, Valley Housing Development Corporation has already provided 18 units of residential housing to farm laborers in Holyoke, Massachusetts. This initiative not only addresses the basic need for housing but also contributes to the overall well-being and stability of the farm laborer community.

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Impact




October, 2024

Valley Housing Development Corp Inc significantly enhances the living conditions of farm laborers by providing essential affordable housing options. By offering 18 units of residential housing in Holyoke, Massachusetts, the organization directly addresses the critical need for safe and accessible accommodations for this workforce. This initiative not only supports the well-being of farm workers but also contributes to the stability of the agricultural community by ensuring that those who play a vital role in food production have a place to call home. Overall, the impact of Valley Housing Development Corp extends to improving the quality of life for farm laborers and fostering a more sustainable and resilient agricultural ecosystem.




This information is meant to be a general summary of Valley Housing Development Corp Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$223,568 (2022)
Expenses
$324,420 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $141
  • Program Service Revenue: $223,427
  • Gross Receipts: $223,568

Assets and Liabilities:

  • Total Assets: $3,550,797
  • Total Liabilities: $3,024,209
  • Net Assets: $526,588

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$223,427

Organization Details

Founding Year

1982

Principal Officer

Dolores Scott

Main Address

1780 MAIN STREET, SPRINGFIELD, MA, 01103

NTEE Category

Code: L80Z - Housing

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