THE PRINCIPAL PURPOSES OF THIS CORPORATION SHALL BE TO ACT AS AN INTERMEDIARY BORROWER/RELENDER WITHIN THE SCOPE OF A CERTAIN "INTERMEDIARY RELENDING PROGRAM" ESTABLISHED BY THE U.S. DEPARTMENT OF AGRICULTURE, FARMERS HOME ADMINISTRATION (FMHA), AS A LENDER OF OTHER PUBLIC FUNDS SUCH AS THOSE MADE AVAILABLE UNDER THE RURAL BUSINESS ENTERPRISE GRANT PROGRAM ESTABLISHED BY FMHA AND FUNDS THAT MAY BE DERIVED FROM OTHER PUBLIC AGENCIES TO ACCOMPLISH SIMILAR GOALS, AND PROVIDE AFFORDABLE HOUSING THAT IS DECENT, SAFE, AND SANITARY FOR LOW-INCOME FAMILIES, TO CARRY OUT A NEIGHBORHOOD REVITALIZATION OR COMMUNITY ECONOMIC DEVELOPMENT, AND TO CONTRACT WITH AN APPROPRIATE POLITICAL SUBDIVISION ("A PUBLIC BODY" AS DEFINED IN ORS 30.620) OF THE STATE OF OREGON TO ADMINISTER SUCH PROGRAM IN THE NAME OF THIS CORPORATION.
Executive compensation
Form 990 · Schedule J · 1 reported individual · Filing year 2023
| Position | Total |
|---|---|
Program Director director (operational) | $36k $40k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 8 unpaid individuals.
Up 8%
from 2022
From $33k in 2022 to $36k in 2023.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Revenue and expenses over time
VALLEY DEVELOPMENT INITIATIVES reported revenue and expenses across 2 filing years.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.