Mon Valley Alliance Foundation

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

EIN: 251154706 ✦ Monongahela, PA ✦ Designated as a 501(c)(3)

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Overview

What is Mon Valley Alliance Foundation?

Mon Valley Alliance Foundation is a nonprofit organization situated in Monongahela, Pennsylvania. Its primary mission is to foster economic development and enhance the business environment within the Mon Valley region of southwestern Pennsylvania. To achieve this, the foundation promotes and markets economic development and job creation in mid-Mon Valley communities. They leverage historical initiatives, such as promoting transportation and industrial park infrastructure, through public and private investment and innovative strategic planning, aiming to significantly impact job growth. The results of these activities are anticipated to bring complementary improvements to housing, retail, and recreational assets in nearby communities, while also collaborating and supporting other agencies in achieving their respective missions. The organization currently employs a team of 5 individuals.


Official website here: www.monvalleyalliance.org

Is Mon Valley Alliance Foundation legitimate?

Mon Valley Alliance Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mon Valley Alliance Foundation 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: $140,752
Professional Fundraising Fees: $0
Other Salaries and Wages: $108,775

For more financial information, click here


Official website here: www.monvalleyalliance.org

What is the mission statement of Mon Valley Alliance Foundation?

The Mon Valley Alliance Foundation's mission is centered around promoting economic development and job creation in mid Mon Valley communities. They achieve this by leveraging their historical initiatives in transportation and industrial park infrastructure through public and private investment, strategic and master planning, and executing tangible near-term projects intended to significantly impact job growth. The outcomes of their activities are expected to lead to complementary improvements in housing, retail, and recreational assets in the geographical fringe communities. Furthermore, their activities are collaborative, supportive, and accretive to other agencies' efforts, thereby enhancing their ability to succeed in their respective missions.


Official website here: www.monvalleyalliance.org

Who is the CEO of Mon Valley Alliance Foundation?

Jamie Colecchi is the Ex-Officio (Resigned 10/22/22) of Mon Valley Alliance Foundation. The CEO's salary of Mon Valley Alliance Foundation is $37,218 and their total compensation is $46,823.


Official website here: www.monvalleyalliance.org

What is the revenue of Mon Valley Alliance Foundation?

Mon Valley Alliance Foundation's revenue in 2022 was $285,552.


Official website here: www.monvalleyalliance.org

Who are the executives of Mon Valley Alliance Foundation and what are their salaries?

The average compensation at Mon Valley Alliance Foundation during 2022 was $49,905. There are 5 employees at Mon Valley Alliance Foundation.


Here are 15 key members and their salaries (Mon Valley Alliance Foundation's CEO's salary is $37,218 and their total compensation is $46,823):


John R Easoz (Ex-Officio (Resigned 10/22/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lacarte (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Thornton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Patterson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Mauro (Executive Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Mendola (Executive Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Panza (Executive Member (Resigned 10/25/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis A Quarto (Executive Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina C Lynn (Executive Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanya Chaney (Executive Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia Williams (Executive Member (Resigned 6/27/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Thomeier Jr (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Wallace (Executive Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Brown (Chief Executive Officer (1/1/22 - 4/30/22))
  • Compensation: $37,218
  • Related: $0
  • Other: $9,605
Jamie Colecchi (Chief Executive Officer)
  • Compensation: $86,165
  • Related: $0
  • Other: $7,764


Official website here: www.monvalleyalliance.org

Where can I find the form 990 for Mon Valley Alliance Foundation?

Mon Valley Alliance Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.monvalleyalliance.org

Learn more at the official website: www.monvalleyalliance.org

Mission Statement of Mon Valley Alliance Foundation

The Mon Valley Alliance Foundation is dedicated to promoting and marketing economic development and job creation within the Mid Mon Valley communities. Its historical initiatives, which include fostering transportation and industrial park infrastructure, are leveraged through public and private investment and innovative strategic and master planning. These efforts are aimed at executing tangible near-term projects that significantly impact job growth. The outcomes of the Foundation's activities are expected to result in complementary enhancements to housing, retail, and recreational assets in the geographical peripheral communities. Furthermore, the Foundation's activities are collaborative, supportive, and accretive to other agencies' efforts, thereby enhancing their ability to succeed in their respective missions.

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Impact




October, 2024

The Mon Valley Alliance Foundation has a significant impact on the economic landscape of the Mid Mon Valley communities in Southwestern Pennsylvania. By promoting and marketing initiatives focused on economic development and job creation, the foundation leverages both public and private investments to enhance transportation and industrial park infrastructure. This strategic approach not only aims to foster immediate job growth through tangible projects but also sets the stage for long-term improvements in the region.

The foundation’s efforts lead to noticeable enhancements in housing, retail, and recreational assets, contributing to a more vibrant community atmosphere. By collaborating with other agencies, the foundation enhances their capacities, aligning efforts to maximize community development outcomes. Ultimately, the initiatives spearheaded by the foundation create a supportive ecosystem that sustains economic vitality and enriches the overall quality of life for residents in the Mon Valley region.




This information is meant to be a general summary of Mon Valley Alliance Foundation. 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
$285,552 (2022)
Expenses
$368,226 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $73,494
  • Gross Receipts: $867,662

Assets and Liabilities:

  • Total Assets: $1,542,350
  • Total Liabilities: $191,881
  • Net Assets: $1,350,469

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Organization Details

Founding Year

1965

Principal Officer

Jamie Colecchi

Main Address

235 W MAIN STREET, MONONGAHELA, PA, 15063

NTEE Category

Code: S30 - Community improvement

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