Valley Community Development Corporation
Valley Community Development Corporation: Strong Asset Growth, Moderate Program Spending
EIN: 222906466 · Northampton, MA · NTEE: L30Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $2.4M |
| Program Spending | 70% |
| Net Assets | $6.3M |
| Transparency Score | 75/100 |
Is Valley Community Development Corporation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Valley Community Development Corporation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Valley Community Development Corporation
Valley Community Development Corporation (EIN: 222906466) is a nonprofit organization based in Northampton, MA, classified under NTEE code L30Z. The organization reported total revenue of $2.5M and total assets of $40.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Valley Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Valley Community Development Corporation is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.2M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $27.0M |
| Total Liabilities | $20.6M |
| Net Assets | $6.3M |
| Operating Margin | 43.5% |
| Debt-to-Asset Ratio | 76.6% |
| Months of Reserves | 136.5 months |
Financial Health Grade: A
In 2023, Valley Community Development Corporation reported a surplus of $1.8M with revenue exceeding expenses, holds 136.5 months of operating reserves (strong position), has a debt-to-asset ratio of 76.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Valley Community Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +102.8% | +0.6% | +102.7% |
| 2022 | +4.2% | +11.0% | +39.1% |
| 2021 | +9.5% | +10.1% | +2.3% |
| 2020 | -33.7% | -3.9% | +3.2% |
| 2019 | +33.2% | +1.8% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Valley Community Development Corporation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Valley Community Development Corporation allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 76.6%.
Executive Compensation Analysis
Executive compensation details are not readily available in the provided data, preventing a specific assessment of individual salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Valley Community Development Corporation:
- Significant asset growth from $9.56M in 2021 to $40.19M in 2023, indicating successful capital accumulation and investment.
- Consistent revenue generation over the past several years, demonstrating financial stability.
- Low fundraising costs relative to overall expenses, suggesting efficient resource acquisition.
Frequently Asked Questions about Valley Community Development Corporation
Is Valley Community Development Corporation a legitimate charity?
Valley Community Development Corporation (EIN: 222906466) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.5M. No red flags identified. 3 strengths noted. Financial health grade: A.
How does Valley Community Development Corporation spend its money?
Valley Community Development Corporation directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Valley Community Development Corporation tax-deductible?
Valley Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 222906466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Valley Community Development Corporation's spending goes to programs?
Valley Community Development Corporation directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Valley Community Development Corporation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Valley Community Development Corporation is above average for NTEE category L30Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Valley Community Development Corporation located?
Valley Community Development Corporation is headquartered in Northampton, Massachusetts and files with the IRS under EIN 222906466. It is classified under NTEE code L30Z.
How many years of IRS 990 filings does Valley Community Development Corporation have?
Valley Community Development Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.5M in total revenue.
What does Valley Community Development Corporation do?
Valley Community Development Corporation is a nonprofit organization in the Housing & Shelter sector, located in Northampton, Massachusetts. It is classified under NTEE code L30Z.
How much revenue does Valley Community Development Corporation have?
Valley Community Development Corporation reported total revenue of $2,528,262. Based on 13 IRS 990 filings on record.
What are Valley Community Development Corporation's total assets?
Valley Community Development Corporation holds total assets of $40,188,722 as reported in IRS 990 filings.
Where is Valley Community Development Corporation located?
Valley Community Development Corporation is based in Northampton, Massachusetts.
What is Valley Community Development Corporation's EIN?
Valley Community Development Corporation's Employer Identification Number (EIN) is 222906466. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Valley Community Development Corporation?
Valley Community Development Corporation is classified under NTEE code L30Z (Housing & Shelter).
Is Valley Community Development Corporation a registered 501(c)(3)?
Yes, Valley Community Development Corporation is recognized as a tax-exempt organization by the IRS. EIN: 222906466.
Does Valley Community Development Corporation file IRS Form 990?
Yes, Valley Community Development Corporation has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Valley Community Development Corporation's revenue in 2023?
In the 202306 filing period, Valley Community Development Corporation reported total revenue of $4,190,882, total expenses of $2,369,933, and net assets of $26,965,396.
Is Valley Community Development Corporation's revenue growing or declining?
Valley Community Development Corporation's revenue is growing. Revenue went from $2,066,960 (202206) to $4,190,882 (202306), a +102.8% change. Based on 13 filings on record.
What is Valley Community Development Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Valley Community Development Corporation covers tax period 202306. It shows revenue of $4,190,882, expenses of $2,369,933, total assets of $26,965,396, and liabilities of $20,648,848.
How much does Valley Community Development Corporation spend on programs vs administration?
Based on IRS 990 analysis, Valley Community Development Corporation allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Valley Community Development Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Valley Community Development Corporation appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Valley Community Development Corporation's strengths?
Positive indicators for Valley Community Development Corporation include: Significant asset growth from $9.56M in 2021 to $40.19M in 2023, indicating successful capital accumulation and investment.. Consistent revenue generation over the past several years, demonstrating financial stability.. Low fundraising costs relative to overall expenses, suggesting efficient resource acquisition.. These findings are derived from AI analysis of the organization's financial filings.
How does Valley Community Development Corporation compensate executives?
Executive compensation details are not readily available in the provided data, preventing a specific assessment of individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is driving the substantial increase in assets from $13.30M in 2022 to $40.19M in 2023, and how does this impact the organization's long-term mission?
The data shows a dramatic increase in assets, from $13,299,896 in 2022 to $40,188,722 in 2023. This could be due to significant capital campaigns, property acquisitions, or investment gains. Understanding the nature of these assets (e.g., program-related investments vs. endowment) is crucial to assess its impact on mission delivery and sustainability.
Filing History
IRS 990 filing history for Valley Community Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Valley Community Development Corporation's revenue has grown by 38.2%, moving from $3.0M to $4.2M. Total assets increased by 244.9% over the same period, from $7.8M to $27.0M. Total functional expenses rose by 5%, from $2.3M to $2.4M. In its most recent filing year (2023), Valley Community Development Corporation reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $20.6M in liabilities against $27.0M in assets (debt-to-asset ratio: 76.6%), resulting in net assets of $6.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.2M | $2.4M | $27.0M | $20.6M | — | View 990 |
| 2022 | $2.1M | $2.4M | $13.3M | $10.1M | — | View 990 |
| 2021 | $2.0M | $2.1M | $9.6M | $6.0M | — | View 990 |
| 2020 | $1.8M | $1.9M | $9.3M | $5.7M | — | View 990 |
| 2019 | $2.7M | $2.0M | $9.1M | $5.3M | — | View 990 |
| 2018 | $2.1M | $2.0M | $8.2M | $5.2M | — | View 990 |
| 2017 | $3.3M | $3.8M | $9.8M | $6.8M | — | View 990 |
| 2016 | $2.2M | $2.4M | $8.8M | $5.3M | — | View 990 |
| 2015 | $1.2M | $1.3M | $6.4M | $3.0M | — | View 990 |
| 2014 | $1.4M | $1.2M | $6.3M | $2.8M | — | View 990 |
| 2013 | $793K | $1.2M | $8.6M | $4.8M | — | View 990 |
| 2012 | $1.3M | $1.3M | $8.2M | $3.7M | — | View 990 |
| 2011 | $3.0M | $2.3M | $7.8M | $3.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.2M, expenses of $2.4M, and assets of $27.0M (revenue +102.8% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.4M, and assets of $13.3M (revenue +4.2% year-over-year).
- 2021: Revenue of $2.0M, expenses of $2.1M, and assets of $9.6M (revenue +9.5% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.9M, and assets of $9.3M (revenue -33.7% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.0M, and assets of $9.1M (revenue +33.2% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.0M, and assets of $8.2M (revenue -38.1% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.8M, and assets of $9.8M (revenue +53.1% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.4M, and assets of $8.8M (revenue +74.1% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.3M, and assets of $6.4M (revenue -10.8% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.2M, and assets of $6.3M (revenue +75.4% year-over-year).
- 2013: Revenue of $793K, expenses of $1.2M, and assets of $8.6M (revenue -38.8% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $8.2M (revenue -57.2% year-over-year).
- 2011: Revenue of $3.0M, expenses of $2.3M, and assets of $7.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Valley Community Development Corporation:
Data Sources and Methodology
This transparency report for Valley Community Development Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.