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Filing year 2024

VALLEY COMMUNITY DEVELOPMENT CORPORATION

Northampton, Massachusetts·EIN 22-2906466·NTEE L30Z · Housing & Shelter·501(c)(3)
Total revenue
$2.5M
Total assets
$40.2M
Total expenses
$1.6M
Reported officers
11
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.

Reported officers (all unpaid)

No paid executives reported in 2024. VALLEY COMMUNITY DEVELOPMENT CORPORATION reported 11 unpaid officers and board members on its 990.

Treasurer
Director
Director
Director
Clerk
President
Director
Director
Director
Vice President
Director
Pay in context

Top pay as a share of expenses

In 2022, the highest total compensation at VALLEY COMMUNITY DEVELOPMENT CORPORATION equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2022)
6%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

VALLEY COMMUNITY DEVELOPMENT CORPORATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$4.2M
$2.4M
2022
$5M
$2.9M
2023
$2.5M
$1.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in Massachusetts

VALLEY COMMUNITY DEVELOPMENT CORPORATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization in Massachusetts earns a median of $53,685.

25th percentile
$26k
Median
$53,685
75th percentile
$153k
90th percentile
$232k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 338 organizations across 338 filings (2021 – 2024).

See full Housing & Shelter pay data for Massachusetts

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FAQ

Common questions about VALLEY COMMUNITY DEVELOPMENT CORPORATION

What are VALLEY COMMUNITY DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, VALLEY COMMUNITY DEVELOPMENT CORPORATION reported $2.5M in total revenue and $1.6M in total expenses on its IRS Form 990.

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