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Valley Care Endowment Corporation

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

EIN: 260530474 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Valley Care Endowment Corporation?

Valley Care Endowment Corporation is a supporting organization based in Pittsburgh, Pennsylvania, with an address at 1525 Park Manor Blvd 266. Its primary purpose is to contribute financially to Valley Care Association (VCA), a nonprofit organization, in accordance with their affiliation agreement. The endowment corporation's role is to support VCA's adult day care program and the Home Safe Home program, aligning with VCA's exempt purposes. The corporation manages, invests, and distributes its assets to benefit, maintain, and improve VCA and its affiliates.

Is Valley Care Endowment Corporation legitimate?

Valley Care Endowment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Care Endowment Corporation 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: $0

For more financial information, click here

What is the mission statement of Valley Care Endowment Corporation?

The Valley Care Endowment Corporation serves as a supporting organization for Valley Care Association (VCA), a Pennsylvania nonprofit corporation. Its primary role is to manage, invest, and distribute its assets and funds in a manner that benefits, maintains, or improves VCA and its affiliates, aligning with VCA's exempt purposes. Essentially, the Endowment Corporation's mission is to contribute to the betterment and support of VCA and its affiliated entities.

Who is the CEO of Valley Care Endowment Corporation?

Daniel H Brooks is the President of Valley Care Endowment Corporation.

What is the revenue of Valley Care Endowment Corporation?

Valley Care Endowment Corporation's revenue in 2022 was $447,853.

Who are the executives of Valley Care Endowment Corporation and what are their salaries?


Here are 7 key members and their salaries:


Dr Daniel H Brooks (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard C Hogan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlene Bell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry E Butson (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Gross (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regan Fetterolf (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Schlicht (Trustee (Non-Voting))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Valley Care Endowment Corporation?

Valley Care Endowment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Valley Care Endowment Corporation

Valley Care Endowment Corporation, serving as a supporting organization for Valley Care Association (VCA), is committed to managing, investing, and distributing its assets and funds in a manner that benefits, maintains, or improves VCA and its affiliates. This is done in a way that aligns with VCA's exempt purposes. The primary goal of Valley Care Endowment Corporation is to contribute to the betterment and upkeep of VCA, ensuring its continued growth and success. By managing its assets and funds effectively, Valley Care Endowment Corporation aims to support and strengthen its affiliated nonprofit organization, ultimately benefiting the community it serves.

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Impact




October, 2024

Valley Care Endowment Corporation plays a vital role in enhancing the services provided by the Valley Care Association (VCA) through strategic financial support. By managing and distributing assets, the organization focuses on promoting and improving programs that address essential community needs, particularly for vulnerable populations.

A significant impact of Valley Care Endowment Corporation is its support for the Adult Day Care Program and the Home Safe Home Program. These initiatives are crucial for managing the care of individuals who may require assistance due to age or health conditions, allowing them to live more independently while receiving the necessary care. This support not only improves the quality of life for participants but also eases the burden on families and caregivers.

Furthermore, by ensuring that VCA has the resources it needs to operate effectively, Valley Care Endowment Corporation contributes to the overall stability and growth of community-based care services. The focus on maintaining and improving these programs aligns with the broader goal of fostering a more supportive and accessible environment for all individuals in Pittsburgh, PA, and surrounding areas.

In summary, Valley Care Endowment Corporation's impact extends beyond financial assistance; it strengthens community care structures, enhances the well-being of individuals in need, and ensures the sustainability of vital programs that serve the local population.




This information is meant to be a general summary of Valley Care Endowment Corporation. 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
$447,853 (2022)
Expenses
$253,550 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $447,853
  • Gross Receipts: $1,767,353

Assets and Liabilities:

  • Total Assets: $6,493,099
  • Total Liabilities: $0
  • Net Assets: $6,493,099

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Organization Details

Founding Year

2007

Principal Officer

Daniel H Brooks

Main Address

1525 PARK MANOR BLVD 266, PITTSBURGH, PA, 15108

NTEE Category

Code: L11 - Housing

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