Civic Intelligence

Mahoning Valley Economic Development Corporation

990 • Fiscal year 2022 • EIN 34-1264163

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 10, 2023

Organization ProfileWWW.VALLEYEDP.COM

View Organization Page

4319 Belmont AveYoungstown, OH 44505

(330) 759-3668

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

61st percentile

0.33x

Higher debt load relative to assets than 61% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

83rd percentile

1.51x

Higher debt load relative to revenue than 83% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

91st percentile

57%

Higher net margin than 91% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

21st percentile

$145,334

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

2nd percentile

-33%

Faster asset growth than 2% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

47th percentile

2.8%

Faster revenue growth than 47% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$34,171,948

Down $16,828,581 (-33%) from 2021

Net Assets

Up

$22,773,516

Up $4,288,014 (+23%) from 2021

Liabilities

Down

$11,398,432

Down $21,116,595 (-65%) from 2021

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin91st percentile

Revenue

Up

$7,559,367

Up $207,685 (+2.8%) from 2021

Expenses

Up

$3,270,120

Up $1,046,579 (+47%) from 2021

Net Income

Down

$4,289,247

Down $838,894 (-16%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $20,580,135Liabilities 2010: $2,526,243Net Assets 2010: $18,053,8922010Assets 2011: $20,392,238Liabilities 2011: $2,890,595Net Assets 2011: $17,501,6432011Assets 2012: $20,415,250Liabilities 2012: $3,361,980Net Assets 2012: $17,053,2702012Assets 2013: $20,049,548Liabilities 2013: $3,232,372Net Assets 2013: $16,817,1762013Assets 2014: $20,659,766Liabilities 2014: $3,223,303Net Assets 2014: $17,436,4632014Assets 2015: $20,605,121Liabilities 2015: $3,041,947Net Assets 2015: $17,563,1742015Assets 2016: $20,444,629Liabilities 2016: $3,379,629Net Assets 2016: $17,065,0002016Assets 2017: $20,076,862Liabilities 2017: $3,236,705Net Assets 2017: $16,840,1572017Assets 2018: $18,802,249Liabilities 2018: $2,975,931Net Assets 2018: $15,826,3182018Assets 2019: $19,399,857Liabilities 2019: $3,132,109Net Assets 2019: $16,267,7482019Assets 2020: $26,184,630Liabilities 2020: $12,827,269Net Assets 2020: $13,357,3612020Assets 2021: $51,000,529Liabilities 2021: $32,515,027Net Assets 2021: $18,485,5022021Assets 2022: $34,171,948Liabilities 2022: $11,398,432Net Assets 2022: $22,773,5162022Assets 2023: $44,597,920Liabilities 2023: $14,818,795Net Assets 2023: $29,779,1252023Assets 2024: $46,885,293Liabilities 2024: $11,783,872Net Assets 2024: $35,101,4212024

Highlighted filing

2022

Assets$34,171,948
Liabilities$11,398,432
Net Assets$22,773,516
Open 2022 Filing

Operations Trend

Revenue Growth47th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $1,256,5442010Expenses 2011: $2,360,8082011Expenses 2012: $1,597,9552012Revenue 2013: $1,056,628Expenses 2013: $1,292,722Net Income 2013: -$236,0942013Revenue 2014: $1,866,462Expenses 2014: $1,247,175Net Income 2014: $619,2872014Revenue 2015: $1,136,198Expenses 2015: $1,009,487Net Income 2015: $126,7112015Revenue 2016: $1,121,190Expenses 2016: $1,210,000Net Income 2016: -$88,8102016Revenue 2017: $1,233,670Expenses 2017: $1,458,513Net Income 2017: -$224,8432017Revenue 2018: $1,072,494Expenses 2018: $973,954Net Income 2018: $98,5402018Revenue 2019: $1,653,369Expenses 2019: $1,212,435Net Income 2019: $440,9342019Revenue 2020: $11,899,597Expenses 2020: $5,598,711Net Income 2020: $6,300,8862020Revenue 2021: $7,351,682Expenses 2021: $2,223,541Net Income 2021: $5,128,1412021Revenue 2022: $7,559,367Expenses 2022: $3,270,120Net Income 2022: $4,289,2472022Revenue 2023: $8,153,238Expenses 2023: $1,297,501Net Income 2023: $6,855,7372023Revenue 2024: $7,513,618Expenses 2024: $2,213,818Net Income 2024: $5,299,8002024

Highlighted filing

2022

Revenue$7,559,367
Expenses$3,270,120
Net Income$4,289,247
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 10, 2023
Return Version
2022v5.0
Gross Receipts
$7,884,421
Mission and Program Overview

Mission

Empowering entrepreneurs by assisting in job creation and providing loan programs to promote economic development.

Empowering entrepreneurs by assisting in job creation and providing loan programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$35,340,730$19,816,516▼ $15,524,214
Cash and Non-Interest-Bearing Accounts$14,344,776$10,118,799▼ $4,225,977
Investments in Publicly Traded Securities-$3,248,766-
Savings and Temporary Cash Investments$681,142$471,971▼ $209,171
Land, Buildings, and Equipment, Net$300,129$290,176▼ $9,953
Accounts Receivable$312,610$197,480▼ $115,130
Investments Other Securities$21,142$28,240▲ $7,098
Total Assets$51,000,529$34,171,948▼ $16,828,581
Liabilities
Other Liabilities$11,812,859$9,653,246▼ $2,159,613
Mortgage Notes Payable Secured by Investment Property$20,038,295$1,201,480▼ $18,836,815
Unsecured Notes Loans Payable$633,646$514,528▼ $119,118
Accounts Payable and Accrued Expenses$30,227$29,178▼ $1,049
Total Liabilities$32,515,027$11,398,432▼ $21,116,595
Net Assets / Fund Balance
Net Assets With Donor Restrictions$13,960,079$18,130,620▲ $4,170,541
Net Assets Without Donor Restrictions$4,525,423$4,642,896▲ $117,473
Total Net Assets Fund Balance$18,485,502$22,773,516▲ $4,288,014
Total Liabilities and Net Assets / Fund Balance$51,000,529$34,171,948▼ $16,828,581

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$87,382$351,068$438,450
Buildings$19,801$300,363$320,164
Land$131,150-$131,150
Equipment$51,843$70,801$122,644
Compensation and Service Providers
Top Officer Pay21st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Teresa MillerExecutive DirectorFT$127,775$17,559$145,334

Board Members and Trustees

NameTitle
Julie Michael SmithPresident
Josh TootVice President
Annemarie DeascentisDirector
Christopher ColellaDirector
Diane RichardsonDirector
Giovani MerloDirector
James RosaDirector
Jeffrey SolomonDirector
Lynette SuttonDirector
Michael KeysDirector
Samuel HustonDirector
Shelley TaylorDirector
Stephanie GilchristDirector
Sarra MohnSecretary
James GibbsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,339,961
Program Service Revenue
$1,184,198
Investment Income
$661
Other Revenue
$34,547
All Other Contributions
$40,000
Change in Net Assets
$4,289,247

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,559,367
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$15,047
Total Revenue per Audited Statements
$7,574,414
Total Revenue per Form 990
$7,559,367
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,965,995
Salaries, Compensation, and Employee Benefits$724,553
Other Expenses$579,572
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,347,239--$1,347,239
Grants to Domestic Individuals$618,756--$618,756
Other Salaries and Wages$307,346$112,529-$419,875
Current Officers, Directors, Trustees, and Key Employees$106,169$39,165-$145,334
Other Employee Benefits$75,336$27,760-$103,096
Interest$64,760--$64,760
Payroll Taxes$32,050$11,762-$43,812
Advertising$38,401$4,267-$42,668
Insurance-$35,534-$35,534
Other Expenses$25,488$2,832-$28,320
Office Expenses$15,243$12,516-$27,759
Fees for Services Accounting$1,000$25,550-$26,550
All Other Expenses$18,559$3,417-$21,976
Depreciation Depletion-$16,995-$16,995
Fees for Services Other-$13,011-$13,011
Pension Plan Contributions$9,131$3,305-$12,436
Occupancy$5,403$1,478-$6,881
Fees for Services Legal$210$5,852-$6,062
Travel$2,565$2,565-$5,130
Total Functional Expenses$2,921,123$348,997$0$3,270,120

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,286,400
Expenses per Audited Statements$3,270,120
Total Expenses per Form 990$3,270,120
Expenses Not Reported on Form 990$16,280
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
20th Century Tours IncMcdonald, OH-Mahoning County Small Business Relief$10,000
Ag Foods of Warren LLC Dba West and MainWarren, OH-Mahoning County Small Business Relief$10,000
Andrea RomanWarren, OH-Mahoning County Small Business Relief$10,000
Atlas Rehabilitation & Wellness Center LLCYoungstown, OH-Mahoning County Small Business Relief$10,000
Axiom Advertising IncGirard, OH-Mahoning County Small Business Relief$10,000
BEAUTIFUL WHIRL'D LTDWarren, OH-Mahoning County Small Business Relief$10,000
Bang Hair Studio LLCYoungstown, OH-Mahoning County Small Business Relief$10,000
Belleria Enterprises LLCHubbard, OH-Mahoning County Small Business Relief$10,000
Bia-mar IncNiles, OH501(c)(19)Mahoning County Small Business Relief$10,000
Blue Moon Kennels LtdSouthington, OH-Mahoning County Small Business Relief$10,000
Britains Game LLCCortland, OH501(c)(3)Mahoning County Small Business Relief$10,000
Broadview Acres Country Canine Resort LLCWarren, OH-Mahoning County Small Business Relief$10,000
Buena Vista Cafe IncWarren, OH-Mahoning County Small Business Relief$10,000
Buena Vista Ii IncWarren, OH-Mahoning County Small Business Relief$10,000
CARL'S PAVING INCNiles, OH-Mahoning County Small Business Relief$10,000
CHILDREN'S RAINBOW A COOPERATIVE PRESCHOOLWarren, OH-Mahoning County Small Business Relief$10,000
CIMINERO'S CATERING INCNiles, OH-Mahoning County Small Business Relief$10,000
Center for Arthritis of Warren (inc)Warren, OH-Mahoning County Small Business Relief$10,000
Champion Bowl & Entertainment IncWarren, OH-Mahoning County Small Business Relief$10,000
Cheer Time Athletics CorpWarren, OH-Mahoning County Small Business Relief$10,000
Cold Treats LLCHubbard, OH-Mahoning County Small Business Relief$10,000
Color 3 Embroidery IncWarren, OH-Mahoning County Small Business Relief$10,000
Combat Athlete Performance IncWarren, OH-Mahoning County Small Business Relief$10,000
Commit to Be Fit Fitness Center LLCNiles, OH501(c)(3)Mahoning County Small Business Relief$10,000
Commlink Communications IncHubbard, OH-Mahoning County Small Business Relief$10,000
Cortland Playroom Preschool IncCortland, OH-Mahoning County Small Business Relief$10,000
Cotterman & Sons LLCNorth Bloomfield, OH-Mahoning County Small Business Relief$10,000
Crazy Duck LLCWarren, OH501(c)(3)Mahoning County Small Business Relief$10,000
Cuddle Hugs & Kisses IncWarren, OH-Mahoning County Small Business Relief$10,000
Danab LLCBoardman, OH-Mahoning County Small Business Relief$10,000
David JosephWarren, OH-Mahoning County Small Business Relief$10,000
Divas Designers of Hair and Nails LLCWarren, OH-Mahoning County Small Business Relief$10,000
Divieste Banquet Room IncWarren, OH-Mahoning County Small Business Relief$10,000
Dts Dance LLCWarren, OH-Mahoning County Small Business Relief$10,000
E and P Warehouse Services LimitedWarren, OH-Mahoning County Small Business Relief$10,000
Engler Transmission & Machine CompanyLeavittsburg, OH-Mahoning County Small Business Relief$10,000
Extreme Air Niles LLCNiles, OH-Mahoning County Small Business Relief$10,000
FAJJ LLC PADRONE'S PIZZA KINSMANKinsman, OH-Mahoning County Small Business Relief$10,000
Fire Foe Alarms IncGirard, OH-Mahoning County Small Business Relief$10,000
Floyd L Davis Dba Red Basket Farm LLCKinsman, OH-Mahoning County Small Business Relief$10,000
Ft Three LLCWarren, OH-Mahoning County Small Business Relief$10,000
G & G Land Investors LLCWarren, OH-Mahoning County Small Business Relief$10,000
Game Changers Leadership and Peer Mentoring InitiativeWarren, OH-Mahoning County Small Business Relief$10,000
Giuseppes Italian Market LLCNiles, OH-Mahoning County Small Business Relief$10,000
HOWARD'S CLOTHES INCWarren, OH-Mahoning County Small Business Relief$10,000
Herman Rossi & Sons IncNiles, OH-Mahoning County Small Business Relief$10,000
Holton IncWarren, OH-Mahoning County Small Business Relief$10,000
Hornbeck Home Renovations IncKinsman, OH-Mahoning County Small Business Relief$10,000
Hws Baseball Vi LLCNiles, OH-Mahoning County Small Business Relief$10,000
Ik LLCWarren, OH-Mahoning County Small Business Relief$10,000
Iron Eagle Oilfield Services LLCYoungstown, OH-Mahoning County Small Business Relief$10,000
J & J'S DANCE DEPOT INCHubbard, OH-Mahoning County Small Business Relief$10,000
JO MARIE'S SCHOOL OF DANCE & GYMNASTICS CENTER INCCortland, OH-Mahoning County Small Business Relief$10,000
Jensen Lock and Alarm LLCYoungstown, OH-Mahoning County Small Business Relief$10,000
Jmldd LLCGirard, OH-Mahoning County Small Business Relief$10,000
Jo Ro Pe IncNiles, OH-Mahoning County Small Business Relief$10,000
John James Walsh Jr Dmd LLCFowler, OH-Mahoning County Small Business Relief$10,000
Joseph J Fonagy Dds IncBrookfield, OH-Mahoning County Small Business Relief$10,000
Joseph J Fonagy Jr Dpm IncWarren, OH-Mahoning County Small Business Relief$10,000
Joseph P MajzikWarren, OH-Mahoning County Small Business Relief$10,000
Kristies Dance Studio LLCHubbard, OH-Mahoning County Small Business Relief$10,000
L & M Golf Dome IncGirard, OH-Mahoning County Small Business Relief$10,000
Liquid Dreams LLCYoungstown, OH-Mahoning County Small Business Relief$10,000
M & M Excavating IncVienna, OH-Mahoning County Small Business Relief$10,000
M2 Golf Management LLCWarren, OH-Mahoning County Small Business Relief$10,000
MARIANI'S WELDING INCWarren, OH-Mahoning County Small Business Relief$10,000
Mahoning Valley Contracting IncWarren, OH-Mahoning County Small Business Relief$10,000
Margala & Sons IncYoungstown, OH-Mahoning County Small Business Relief$10,000
Mbm Renovations LLCGirard, OH-Mahoning County Small Business Relief$10,000
Mckinley Lanes Agc IncNiles, OH501(c)(3)Mahoning County Small Business Relief$10,000
Michael E Grove Co LpaWarren, OH-Mahoning County Small Business Relief$10,000
Micrhon IncHubbard, OH-Mahoning County Small Business Relief$10,000
Nablus Town IncYoungstown, OH-Mahoning County Small Business Relief$10,000
Nbm Ohio IncNiles, OH-Mahoning County Small Business Relief$10,000
New Dawn Distribution IncGirard, OH-Mahoning County Small Business Relief$10,000
New Dawn Salon & Day Spa LLCHubbard, OH-Mahoning County Small Business Relief$10,000
Nhoa IncNewton Falls, OH-Mahoning County Small Business Relief$10,000
Nicholas a Fredericka Dmd IncNiles, OH-Mahoning County Small Business Relief$10,000
Niles Family Dentistry Associates IncNiles, OH-Mahoning County Small Business Relief$10,000
Northeast Ohio Communications Network LtdWarren, OH-Mahoning County Small Business Relief$10,000
Nova Coffee Co LLCWarren, OH-Mahoning County Small Business Relief$10,000
Ohio Pain and Rehabilitation IncWarren, OH501(c)(3)Mahoning County Small Business Relief$10,000
Ohio Sweets and Eats LLCWarren, OH-Mahoning County Small Business Relief$10,000
Osas LLCWarren, OH-Mahoning County Small Business Relief$10,000
Packard Museum AssociationWarren, OH-Mahoning County Small Business Relief$10,000
Pediatric Associates of Warren IncWarren, OH-Mahoning County Small Business Relief$10,000
Perreman LLCWarren, OH-Mahoning County Small Business Relief$10,000
Physical Therapy & Sports Rehab IncWarren, OH-Mahoning County Small Business Relief$10,000
Pnp Hospitality LLCNewton Falls, OH-Mahoning County Small Business Relief$10,000
Premier Expedited Services IncWarren, OH-Mahoning County Small Business Relief$10,000
Quality Match Plate Co IncSouthington, OH-Mahoning County Small Business Relief$10,000
Roby Lees IncNewton Falls, OH-Mahoning County Small Business Relief$10,000
Rycon Builders LLCNiles, OH-Mahoning County Small Business Relief$10,000
SORRENTO'S INCWarren, OH-Mahoning County Small Business Relief$10,000
SQUIRRELLY'S SKIN ART INCHubbard, OH-Mahoning County Small Business Relief$10,000
Saratoga Restaurant IncWarren, OH-Mahoning County Small Business Relief$10,000
Second to None Cafe LLCVienna, OH-Mahoning County Small Business Relief$10,000
Seifert Printing CompanyYoungstown, OH-Mahoning County Small Business Relief$10,000
Shafer Commercial & Industries Svc IncWarren, OH501(c)(3)Mahoning County Small Business Relief$10,000
Shanzi LimitedWarren, OH-Mahoning County Small Business Relief$10,000
Sidhu Brothers LLCWarren, OH-Mahoning County Small Business Relief$10,000
Sj Vocational Services LLCHubbard, OH-Mahoning County Small Business Relief$10,000
Ss Vr ServicesSouthington, OH-Mahoning County Small Business Relief$10,000
Ssed LLCWarren, OH-Mahoning County Small Business Relief$10,000
Stuck in Ohio Productions LLCVienna, OH-Mahoning County Small Business Relief$10,000
Sunrise Entertainment LLCWarren, OH-Mahoning County Small Business Relief$10,000
Tax Help 911Leavittsburg, OH-Mahoning County Small Business Relief$10,000
The Canine Campus Training and Wellness Center LLCHubbard, OH-Mahoning County Small Business Relief$10,000
The Learning Tree Preschool and Daycare LLCMcdonald, OH-Mahoning County Small Business Relief$10,000
Top Shelf Coffee IncWarren, OH-Mahoning County Small Business Relief$10,000
Tots to Young Adults IncWarren, OH-Mahoning County Small Business Relief$10,000
Tr3 Holdings LLCHubbard, OH-Mahoning County Small Business Relief$10,000
Tri County Sports Complex IncYoungstown, OH-Mahoning County Small Business Relief$10,000
Trumbull Art GalleryWarren, OH-Mahoning County Small Business Relief$10,000
U2 Sports LLCGirard, OH-Mahoning County Small Business Relief$10,000
Uncle Nicks Greek Fried Chicken LLCCortland, OH-Mahoning County Small Business Relief$10,000
VASILIO'S GOURMET SAUCE LLCCortland, OH-Mahoning County Small Business Relief$10,000
Verericko IncCortland, OH-Mahoning County Small Business Relief$10,000
Veterans of Foreign Wars of the United States 1090Warren, OH-Mahoning County Small Business Relief$10,000
Vv Wine PartnersWarren, OH-Mahoning County Small Business Relief$10,000
Warren Civic Music AssociationWarren, OH-Mahoning County Small Business Relief$10,000
Warren Flea Market IncWarren, OH-Mahoning County Small Business Relief$10,000
William J Urban Company LpaWarren, OH-Mahoning County Small Business Relief$10,000
Wine Makers Headquarters LLCYoungstown, OH-Mahoning County Small Business Relief$10,000
Winfield Mechanical Contractors IncCortland, OH-Mahoning County Small Business Relief$10,000
Wj Alarm CompanyWarren, OH-Mahoning County Small Business Relief$10,000
Wt Farms LLCVienna, OH-Mahoning County Small Business Relief$10,000
Yankee Run Golf Course IncBrookfield, OH-Mahoning County Small Business Relief$10,000
Big Game Raceway IncHubbard, OH-Mahoning County Small Business Relief$8,750
Inspire Dance Center LLCMcdonald, OH-Mahoning County Small Business Relief$8,650
Gmp Properties LLCWarren, OH-Mahoning County Small Business Relief$8,550
Tali & CoNiles, OH-Mahoning County Small Business Relief$7,000
Newton Falls Youth Athletics IncNewton Falls, OH-Mahoning County Small Business Relief$5,800
Anastasia Rose Nails and BeautyWarren, OH501(c)(3)Mahoning County Small Business Relief$5,450
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$36,907
Fundraising Direct Expenses$16,280
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$37,832$36,907$11,368$25,539
Total Events$37,832$36,907$16,280$20,627
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Program Payables$9,535,321
Grant Funds Received in Advance$117,925
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“There are no committees with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed by the board of directors and filed after approval of the board.”

Form 990, Part VI, Section B, Line 12C

“Officers, directors, and key employees are evaluated by the executive committee on an annual basis to ensure there are no conflicts of interest.”

Form 990, Part VI, Section B, Line 15

“The compensation of the executive director is evaluated on an annual basis by the personnel committee. It is compared to the compensation report from nadco. The compensation is then approved by the executive committee and the full board of directors. The compensation of the loan officers is evaluated on an annual basis by the loan committee. The compensation is then approved by the loan committee and the full board of directors.”

Form 990, Part VI, Section C, Line 19

“All documents open to public inspection are available upon request.”

Filing and Contact Details

Filer

Filer Name
Valley Economic Development Partners Inc
EIN
34-1264163
Phone
3307593668
Address
4319 BELMONT AVE, YOUNGSTOWN, OH 44505
Doing Business As
Valley Partners

Signing Officer

Name
James Gibbs
Title
Treasurer
Phone
3307593668
Signed
2023-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Teresa Miller
Formed
1977
Legal Domicile
Oh
Voting Board Members
15
Independent Board Members
15
Employees
10
Volunteers
0

Preparer

Firm
Maloney Novotny LLC
Address
4774 MUNSON STREET NW SUITE 402, CANTON, OH 44718-3634
Preparer
Christopher B Anderson
Phone
3309669400
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organizations are not-for-profit organizations that are exempt from income taxes under 501(c)(3) of the internal revenue code except for taxes on unrelated business income. For the years ended december 31, 2022 and 2021, there is no provision for income taxes. The organizations' federal forms 990 are subject to examination by the internal revenue service generally for three years after they were filed. Management believes that the organizations have appropriate support for any tax position taken, and as such, do not have any uncertain tax positions that are material to the financial statements.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Expenses related to fundraising 16,280.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Expenses related to fundraising 16,280.”

Raw XML AppendixShowing 400 of 1,855 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt030227
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt029178
IRS990/AccountsReceivableGrp/BOYAmt0312610
IRS990/AccountsReceivableGrp/EOYAmt0197480
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0EMPOWERING ENTREPRENEURS BY ASSISTING IN JOB CREATION AND PROVIDING LOAN PROGRAMS
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04267
IRS990/AdvertisingGrp/ProgramServicesAmt038401
IRS990/AdvertisingGrp/TotalAmt042668
IRS990/AllOtherContributionsAmt040000
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03417
IRS990/AllOtherExpensesGrp/ProgramServicesAmt018559
IRS990/AllOtherExpensesGrp/TotalAmt021976
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TERESA MILLER
IRS990/BooksInCareOfDetail/PhoneNum03307593668
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04319 BELMONT AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0YOUNGSTOWN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044505
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt014344776
IRS990/CashNonInterestBearingGrp/EOYAmt010118799
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt039165
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0106169
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0145334
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContriRptFundraisingEventAmt0925
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt06339961
IRS990/CYGrantsAndSimilarPaidAmt01965995
IRS990/CYInvestmentIncomeAmt0661
IRS990/CYOtherExpensesAmt0579572
IRS990/CYOtherRevenueAmt034547
IRS990/CYProgramServiceRevenueAmt01184198
IRS990/CYRevenuesLessExpensesAmt04289247
IRS990/CYSalariesCompEmpBnftPaidAmt0724553
IRS990/CYTotalExpensesAmt03270120
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07559367
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt016995
IRS990/DepreciationDepletionGrp/TotalAmt016995
IRS990/Desc0PROMOTE ECONOMIC DEVELOPMENT AND EMPLOYMENT OPPORTUNITIES THROUGH BUSINESS CREATION, EXPANSION, AND RETENTION. DEVELOP AND OPERATE A DIVERSIFIED PORTFOLIO OF LOAN PROGRAMS AND OTHER SERVICES TO ADDRESS THE NEEDS OF REGIONAL BUSINESSES. ESTABLISH AND MAINTAIN STRONG RELATIONSHIPS WITH FINANCIAL, EDUCATIONAL, BUSINESS, GOVERNMENT, AND DEVELOPMENT ORGANIZATIONS AND ATTRACT INVESTORS FOR NEW BUSINESS OPPORTUNITIES. IN 2022 VALLEY PARTNERS CLOSED 64 LOANS TOTALING $6,532,225 AND 214 SMALL BUSINESS GRANTS FOR $1,965,995.00.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0VALLEY PARTNERS
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt013960079
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt018130620
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02921123
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt025550
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt01000
IRS990/FeesForServicesAccountingGrp/TotalAmt026550
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05852
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0210
IRS990/FeesForServicesLegalGrp/TotalAmt06062
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt013011
IRS990/FeesForServicesOtherGrp/TotalAmt013011
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt152.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1517559
IRS990/Form990PartVIISectionAGrp/PersonNm0JULIE MICHAEL SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSH TOOT
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES GIBBS
IRS990/Form990PartVIISectionAGrp/PersonNm3SARRA MOHN
IRS990/Form990PartVIISectionAGrp/PersonNm4JEFFREY SOLOMON
IRS990/Form990PartVIISectionAGrp/PersonNm5JAMES ROSA
IRS990/Form990PartVIISectionAGrp/PersonNm6SHELLEY TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm7DIANE RICHARDSON
IRS990/Form990PartVIISectionAGrp/PersonNm8SAMUEL HUSTON
IRS990/Form990PartVIISectionAGrp/PersonNm9STEPHANIE GILCHRIST
IRS990/Form990PartVIISectionAGrp/PersonNm10ANNEMARIE DEASCENTIS
IRS990/Form990PartVIISectionAGrp/PersonNm11GIOVANI MERLO
IRS990/Form990PartVIISectionAGrp/PersonNm12CHRISTOPHER COLELLA
IRS990/Form990PartVIISectionAGrp/PersonNm13LYNETTE SUTTON
IRS990/Form990PartVIISectionAGrp/PersonNm14MICHAEL KEYS
IRS990/Form990PartVIISectionAGrp/PersonNm15TERESA MILLER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15127775
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01977
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0925
IRS990/FundraisingDirectExpensesAmt016280
IRS990/FundraisingGrossIncomeAmt036907
IRS990/GainOrLossGrp/SecuritiesAmt0-58199
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt06299036
IRS990/GrantAmt01965995
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0618756
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0618756
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01347239
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01347239
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0250575
IRS990/GrossReceiptsAmt07884421
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt035534
IRS990/InsuranceGrp/TotalAmt035534
IRS990/InterestGrp/ProgramServicesAmt064760
IRS990/InterestGrp/TotalAmt064760
IRS990/InvestmentIncomeGrp/ExclusionAmt058860
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt058860
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt021142
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt028240
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03248766
IRS990/IRPDocumentCnt0223
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0722232
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0300129
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0290176
IRS990/LandBldgEquipCostOrOtherBssAmt01012408
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0308774
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0550
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0550
IRS990/MissionDesc0TO BE A LEADER IN DEVELOPING EMPLOYMENT OPPORTUNITIES THROUGH BUSINESS CREATION, EXPANSION AND RETENTION IN COLLABORATION WITH OTHER REGIONAL ORGANIZATIONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt020038295
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01201480
IRS990/NetAssetsOrFundBalancesBOYAmt018485502
IRS990/NetAssetsOrFundBalancesEOYAmt022773516
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-58199
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-58199
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt020627
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt020627
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1233
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04525423
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04642896
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01478
IRS990/OccupancyGrp/ProgramServicesAmt05403
IRS990/OccupancyGrp/TotalAmt06881
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012516
IRS990/OfficeExpensesGrp/ProgramServicesAmt015243
IRS990/OfficeExpensesGrp/TotalAmt027759
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt027760
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt075336
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0103096
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1SERVICING FEES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3DATA PROCESSING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt030459
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12832
IRS990/OtherExpensesGrp/ProgramServicesAmt0207040
IRS990/OtherExpensesGrp/ProgramServicesAmt146427
IRS990/OtherExpensesGrp/ProgramServicesAmt225488
IRS990/OtherExpensesGrp/TotalAmt0207040
IRS990/OtherExpensesGrp/TotalAmt146427
IRS990/OtherExpensesGrp/TotalAmt230459
IRS990/OtherExpensesGrp/TotalAmt328320
IRS990/OtherLiabilitiesGrp/BOYAmt011812859
IRS990/OtherLiabilitiesGrp/EOYAmt09653246
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0DOCUMENT PREP FEES
IRS990/OtherRevenueMiscGrp/Desc1BAD DEBT RECOVERY
IRS990/OtherRevenueMiscGrp/Desc2REIMBURSEMENTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04800
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt14793
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt23777
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04800
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14793
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt23777
IRS990/OtherRevenueTotalAmt013920
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0112529
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0307346
IRS990/OtherSalariesAndWagesGrp/TotalAmt0419875
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt035340730
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt019816516
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011762
IRS990/PayrollTaxesGrp/ProgramServicesAmt032050
IRS990/PayrollTaxesGrp/TotalAmt043812
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03305
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt09131
IRS990/PensionPlanContributionsGrp/TotalAmt012436
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TERESA MILLER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/Desc0REVOLVING LOAN INTERES
IRS990/ProgramServiceRevenueGrp/Desc1LOAN SERVICING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0795611
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1388587
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0795611
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1388587
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03408815
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01038738
IRS990/PYInvestmentIncomeAmt062910
IRS990/PYOtherExpensesAmt0453814
IRS990/PYOtherRevenueAmt06596
IRS990/PYProgramServiceRevenueAmt03873361
IRS990/PYRevenuesLessExpensesAmt05128141
IRS990/PYSalariesCompEmpBnftPaidAmt0730989
IRS990/PYTotalExpensesAmt02223541
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07351682
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04289247
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01198118
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0681142
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0471971
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0RECOVERY OF BAD DEBTS - 2018 AMOUNT: $ 150. 2020 AMOUNT: $ 8,311. 2021 AMOUNT: $ 3,056. 2022 AMOUNT: $ 4,793. DEBT FORGIVEN - 2020 AMOUNT: $ 1,170,689. DOCUMENT PREP FEES - 2020 AMOUNT: $ 1,967. 2021 AMOUNT: $ 3,054. 2022 AMOUNT: $ 4,800. MISCELLANEOUS - 2020 AMOUNT: $ 7,184. 2021 AMOUNT: $ 3,598. 2022 AMOUNT: $ 4,235. FUNDRAISING EVENT - 2020 AMOUNT: $ 12,708. 2021 AMOUNT: $ 9,838. 2022 AMOUNT: $ 36,909.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06339961
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03408815
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt09478719
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0633440
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0154472
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt020015407
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt058860

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,171,948
Liabilities
$11,398,432
Net assets
$22,773,516
Revenue
$7,559,367
Expenses
$3,270,120
Net income
$4,289,247
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.9$11.8$35.1$7.51$2.21$5.30
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.6$14.8$29.8$8.15$1.30$6.86
2022Detailed filing. Detailed filing data is available for this year.$34.2$11.4$22.8$7.56$3.27$4.29
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$51.0$32.5$18.5$7.35$2.22$5.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.2$12.8$13.4$11.9$5.60$6.30
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.4$3.13$16.3$1.65$1.21$0.44
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.8$2.98$15.8$1.07$0.97$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.1$3.24$16.8$1.23$1.46$0.22
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.4$3.38$17.1$1.12$1.21$0.09
2015Detailed filing. Detailed filing data is available for this year.$20.6$3.04$17.6$1.14$1.01$0.13
2014Detailed filing. Detailed filing data is available for this year.$20.7$3.22$17.4$1.87$1.25$0.62
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.0$3.23$16.8$1.06$1.29$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.4$3.36$17.1$1.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.4$2.89$17.5$2.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.6$2.53$18.1$1.26