Civic Intelligence

Valley Development Initiatives

990 • Fiscal year 2015 • EIN 93-1138243

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 19, 2015

Organization ProfileN/A
100 High Street SE No 200Salem, OR 97301

(503) 588-6177

Siviq Scores

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

Liabilities / Assets

65th percentile

0.35x

Higher debt load relative to assets than 65% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

95th percentile

12.88x

Higher debt load relative to revenue than 95% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Net Margin

83rd percentile

37%

Higher net margin than 83% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

56th percentile

$98,005

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 40.0% of source-year revenue.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Asset Growth

93rd percentile

48%

Faster asset growth than 93% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

9th percentile

-36%

Faster revenue growth than 9% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$9,145,948

Up $2,951,108 (+48%) from 2014

Net Assets

Up

$5,987,967

Up $2,982,785 (+99%) from 2014

Liabilities

Down

$3,157,981

Down $31,677 (-1.0%) from 2014

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin83rd percentile

Revenue

Down

$245,106

Down $137,355 (-36%) from 2014

Expenses

Down

$155,299

Down $175,283 (-53%) from 2014

Net Income

Up

$89,807

Up $37,928 (+73%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$10M$5.0M$0Assets 2011: $5,979,848Liabilities 2011: $3,201,971Net Assets 2011: $2,777,8772011Assets 2012: $5,896,373Liabilities 2012: $3,014,900Net Assets 2012: $2,881,4732012Assets 2013: $6,102,099Liabilities 2013: $3,148,796Net Assets 2013: $2,953,3032013Assets 2014: $6,194,840Liabilities 2014: $3,189,658Net Assets 2014: $3,005,1822014Assets 2015: $9,145,948Liabilities 2015: $3,157,981Net Assets 2015: $5,987,9672015Assets 2016: $8,911,622Liabilities 2016: $2,963,985Net Assets 2016: $5,947,6372016Assets 2017: $7,746,821Liabilities 2017: $1,766,144Net Assets 2017: $5,980,6772017Assets 2018: $7,711,017Liabilities 2018: $1,655,105Net Assets 2018: $6,055,9122018Assets 2019: $7,481,853Liabilities 2019: $1,572,560Net Assets 2019: $5,909,2932019Assets 2020: $7,338,440Liabilities 2020: $1,430,126Net Assets 2020: $5,908,3142020Assets 2021: $7,257,429Liabilities 2021: $1,387,616Net Assets 2021: $5,869,8132021Assets 2022: $7,121,121Liabilities 2022: $1,162,889Net Assets 2022: $5,958,2322022Assets 2023: $7,879,106Liabilities 2023: $2,105,952Net Assets 2023: $5,773,1542023Assets 2024: $7,682,904Liabilities 2024: $1,951,873Net Assets 2024: $5,731,0312024

Highlighted filing

2015

Assets$9,145,948
Liabilities$3,157,981
Net Assets$5,987,967
Open 2015 Filing

Operations Trend

Revenue Growth9th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $510,292Expenses 2011: $400,599Net Income 2011: $109,6932011Revenue 2012: $618,988Expenses 2012: $515,392Net Income 2012: $103,5962012Revenue 2013: $358,582Expenses 2013: $286,752Net Income 2013: $71,8302013Revenue 2014: $382,461Expenses 2014: $330,582Net Income 2014: $51,8792014Revenue 2015: $245,106Expenses 2015: $155,299Net Income 2015: $89,8072015Revenue 2016: $220,740Expenses 2016: $174,747Net Income 2016: $45,9932016Revenue 2017: $264,431Expenses 2017: $213,014Net Income 2017: $51,4172017Revenue 2018: $286,780Expenses 2018: $211,545Net Income 2018: $75,2352018Revenue 2019: $296,477Expenses 2019: $353,421Net Income 2019: -$56,9442019Revenue 2020: $396,099Expenses 2020: $397,078Net Income 2020: -$9792020Revenue 2021: $336,935Expenses 2021: $375,436Net Income 2021: -$38,5012021Revenue 2022: $191,112Expenses 2022: $361,742Net Income 2022: -$170,6302022Revenue 2023: $319,865Expenses 2023: $473,460Net Income 2023: -$153,5952023Revenue 2024: $353,239Expenses 2024: $418,415Net Income 2024: -$65,1762024

Highlighted filing

2015

Revenue$245,106
Expenses$155,299
Net Income$89,807
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 19, 2015
Return Version
2014v5.0
Gross Receipts
$245,106
Mission and Program Overview

Mission

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.

To act as an intermediary borrower/lender of public funds and agencies to 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 public body of the state of oregon to administer such programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,395,262$3,361,998▼ $33,264
Accounts Receivable$96,006$34,074▼ $61,932
Total Assets$6,194,840$9,145,948▲ $2,951,108
Other Assets Total$2,703,572$5,749,876▲ $3,046,304
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,522,644$3,104,085▲ $581,441
Deferred Revenue$607,779$0▼ $607,779
Other Liabilities$41,950$32,946▼ $9,004
Accounts Payable and Accrued Expenses$17,285$20,950▲ $3,665
Total Liabilities$3,189,658$3,157,981▼ $31,677
Net Assets / Fund Balance
Unrestricted Net Assets$3,005,182$5,987,967▲ $2,982,785
Total Net Assets Fund Balance$3,005,182$5,987,967▲ $2,982,785
Total Liabilities and Net Assets / Fund Balance$6,194,840$9,145,948▲ $2,951,108

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$5,738,232--
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleOtherTotal
Renata Chmielowski Aug-junProgram Director$98,005$98,005
Suzanne Dufner Thru JulyProgram Director$64,093$64,093

Board Members and Trustees

NameTitle
Kevin JoycePresident
Derik MunnsVice President
David ClyneDirector
John BirnieDirector
Nancie RogersDirector
Sam BrentanoDirector
Truman StoneDirector
Laurel LukeshSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Mid-willamette Valley Council Of GovernmManagement Fees100 HIGH ST SE STE 200, Salem, OR 97301$111,081
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$240,658
Investment Income
$4,448
Other Revenue
$0
Change in Net Assets
$89,807

Audited Revenue Reconciliation

Revenue per Audited Statements
$245,106
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$245,106
Total Revenue per Form 990
$245,106
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$155,299
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$66,092$30,468-$96,560
Interest$31,997--$31,997
Fees for Services Other$13,500--$13,500
Fees for Services Accounting-$8,621-$8,621
Insurance$2,906--$2,906
Other Expenses$329--$329
Total Functional Expenses$116,210$39,089$0$155,299

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$155,299
Total Expenses per Audited Statements$155,299
Total Expenses per Form 990$155,299
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Organization$32,946
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The board acts as a whole with no sub-committees.”

Form 990, Part VI, Section B, Line 11

“Finance director of related entity, mid willamette valley council of governments, reviews and files the 990. The 990 is sent via email for internal board review prior to filing.”

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

“Each loan application that comes before the board requires that board members disclose any conflict of interest regarding the potential loan. Documentation of that process then becomes part of the loan package.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Valley Development Initiatives
EIN
93-1138243
Phone
5035886177
Address
100 HIGH STREET SE NO 200, SALEM, OR 97301

Signing Officer

Name
Kevin Joyce
Title
President
Phone
5035886177
Signed
2015-11-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Renata Chmielowski
Formed
1994
Legal Domicile
Or
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Grove Mueller & Swank Pc
Address
475 COTTAGE STREET NE SUITE 200, SALEM, OR 97301
Preparer
Ryan T Pasquarella CPA
Phone
5035817788
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Vdi follows the provisions accounting standards codification (asc) accounting for uncertainty in income taxes 740. Vdi's federal and state income tax returns are subject to possible examination by the taxing authorities until the expiration of the related statutes of limitations on those tax returns. In general, the federal and state income tax returns have a three year statute of limitations. Vdi would recognize accrued interest and penalties associated with uncertain tax provisions, if any, as part of the income tax provision.”

Raw XML AppendixShowing 400 of 413 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/BOYAmt017285
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt020950
IRS990/AccountsReceivableGrp/BOYAmt096006
IRS990/AccountsReceivableGrp/EOYAmt034074
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ACT AS AN INTERMEDIARY BORROWER/LENDER OF PUBLIC FUNDS AND AGENCIES TO 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 PUBLIC BODY OF THE STATE OF OREGON TO ADMINISTER SUCH PROGRAMS.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum05035886177
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 HIGH STREET SE NO 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0SALEM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd097301
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0111081
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0100 HIGH ST SE STE 200
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0SALEM
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd097301
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0MID-WILLAMETTE VALLEY COUNCIL OF GOVERNM
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT FEES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04448
IRS990/CYOtherExpensesAmt0155299
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0240658
IRS990/CYRevenuesLessExpensesAmt089807
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0155299
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0245106
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0607779
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROVIDED LOANS TO SMALL BUSINESSES LOCATED IN RURAL COMMUNITIES OF MARION, POLK, AND YAMHILL COUNTIES IN OREGON. SEVEN LOANS WERE MADE DURING THE FISCAL YEAR AND AS OF JUNE 30, 2015, 29 LOANS WERE OUTSTANDING.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0116210
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08621
IRS990/FeesForServicesAccountingGrp/TotalAmt08621
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt030468
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt066092
IRS990/FeesForServicesManagementGrp/TotalAmt096560
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt013500
IRS990/FeesForServicesOtherGrp/TotalAmt013500
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt038.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt138.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
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/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/OtherCompensationAmt89996
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt922310
IRS990/Form990PartVIISectionAGrp/PersonNm0KEVIN JOYCE
IRS990/Form990PartVIISectionAGrp/PersonNm1DERIK MUNNS
IRS990/Form990PartVIISectionAGrp/PersonNm2TRUMAN STONE
IRS990/Form990PartVIISectionAGrp/PersonNm3SAM BRENTANO
IRS990/Form990PartVIISectionAGrp/PersonNm4NANCIE ROGERS
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN BIRNIE
IRS990/Form990PartVIISectionAGrp/PersonNm6DAVID CLYNE
IRS990/Form990PartVIISectionAGrp/PersonNm7LAUREL LUKESH
IRS990/Form990PartVIISectionAGrp/PersonNm8SUZANNE DUFNER THRU JULY
IRS990/Form990PartVIISectionAGrp/PersonNm9RENATA CHMIELOWSKI AUG-JUN
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/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt854097
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt975695
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8PROGRAM DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PROGRAM DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0245106
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt02906
IRS990/InsuranceGrp/TotalAmt02906
IRS990/InterestGrp/ProgramServicesAmt031997
IRS990/InterestGrp/TotalAmt031997
IRS990/InvestmentIncomeGrp/ExclusionAmt04448
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04448
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OR
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02522644
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03104085
IRS990/NetAssetsOrFundBalancesBOYAmt03005182
IRS990/NetAssetsOrFundBalancesEOYAmt05987967
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02703572
IRS990/OtherAssetsTotalGrp/EOYAmt05749876
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LOAN FEES
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt01386
IRS990/OtherExpensesGrp/ProgramServicesAmt1329
IRS990/OtherExpensesGrp/TotalAmt01386
IRS990/OtherExpensesGrp/TotalAmt1329
IRS990/OtherLiabilitiesGrp/BOYAmt041950
IRS990/OtherLiabilitiesGrp/EOYAmt032946
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RENATA CHMIELOWSKI
IRS990/PriorPeriodAdjustmentsAmt02892978
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2525990
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1HOUSING PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc2LOAN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0204758
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt122278
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt213622
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0204758
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt122278
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt213622
IRS990/ProgSrvcAccomActy2Grp/Desc0MANAGEMENT OF COMMUNITY DEVELOPMENT BLOCK GRANTS FOR SMALL CITIES.
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt022278
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04695
IRS990/PYOtherExpensesAmt0330582
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0377766
IRS990/PYRevenuesLessExpensesAmt051879
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0330582
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0382461
IRS990/ReconcilationRevenueExpnssAmt089807
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0218380
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03395262
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03361998
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0155299
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt011644
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15738232
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INTEREST RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PROGRAM LOANS RECEIVABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt032946
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED ORGANIZATION
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0245106
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0VDI FOLLOWS THE PROVISIONS ACCOUNTING STANDARDS CODIFICATION (ASC) ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES 740. VDI'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO POSSIBLE EXAMINATION BY THE TAXING AUTHORITIES UNTIL THE EXPIRATION OF THE RELATED STATUTES OF LIMITATIONS ON THOSE TAX RETURNS. IN GENERAL, THE FEDERAL AND STATE INCOME TAX RETURNS HAVE A THREE YEAR STATUTE OF LIMITATIONS. VDI WOULD RECOGNIZE ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX PROVISIONS, IF ANY, AS PART OF THE INCOME TAX PROVISION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05749876
IRS990ScheduleD/TotalExpensesPerForm990Amt0155299
IRS990ScheduleD/TotalLiabilityAmt032946
IRS990ScheduleD/TotalRevenuePerForm990Amt0245106
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0245106
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0155299
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD ACTS AS A WHOLE WITH NO SUB-COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FINANCE DIRECTOR OF RELATED ENTITY, MID WILLAMETTE VALLEY COUNCIL OF GOVERNMENTS, REVIEWS AND FILES THE 990. THE 990 IS SENT VIA EMAIL FOR INTERNAL BOARD REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH LOAN APPLICATION THAT COMES BEFORE THE BOARD REQUIRES THAT BOARD MEMBERS DISCLOSE ANY CONFLICT OF INTEREST REGARDING THE POTENTIAL LOAN. DOCUMENTATION OF THAT PROCESS THEN BECOMES PART OF THE LOAN PACKAGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0VALLEY DEVELOPMENT INITIATIVES
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0VDI LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0113707315
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0600
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0OR
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0REAL ESTATE INVESTMENT
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0100 HIGH STREET SE STE 200
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0SALEM
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0OR
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd097301
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MID-WILLAMETTE VALLEY COUNCIL OF GOVERNMENTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0930628532
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MWVCOG IS A VOLUNTARY ORGANIZATION COMPRISED OF LOCAL GOVERNMENTS.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0100 HIGH STREET SE STE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SALEM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd097301
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0132018
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACCOUNTING RECORDS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MID WILLAMETTE VALLEY COUNCIL OF GOVERNMENTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06194840
IRS990/TotalAssetsEOYAmt09145948
IRS990/TotalAssetsGrp/BOYAmt06194840
IRS990/TotalAssetsGrp/EOYAmt09145948
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt039089
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0116210
IRS990/TotalFunctionalExpensesGrp/TotalAmt0155299
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03189658
IRS990/TotalLiabilitiesEOYAmt03157981
IRS990/TotalLiabilitiesGrp/BOYAmt03189658
IRS990/TotalLiabilitiesGrp/EOYAmt03157981
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03005182
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05987967
IRS990/TotalOtherCompensationAmt032306
IRS990/TotalProgramServiceExpensesAmt0116210
IRS990/TotalProgramServiceRevenueAmt0240658
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt04448
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0240658
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0245106
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06194840
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09145948
IRS990/TotReportableCompRltdOrgAmt0129792
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03005182
IRS990/UnrestrictedNetAssetsGrp/EOYAmt05987967
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0100 HIGH STREET SE NO 200
IRS990/USAddress/CityNm0SALEM
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097301
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN JOYCE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05035886177
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VALLEY DEVELOPMENT INITIATIVES
ReturnHeader/Filer/BusinessNameControlTxt0VALL
ReturnHeader/Filer/EIN0931138243
ReturnHeader/Filer/PhoneNum05035886177
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 HIGH STREET SE NO 200
ReturnHeader/Filer/USAddress/CityNm0SALEM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097301

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,145,948
Liabilities
$3,157,981
Net assets
$5,987,967
Revenue
$245,106
Expenses
$155,299
Net income
$89,807
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.68$1.95$5.73$0.35$0.42$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.88$2.11$5.77$0.32$0.47$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.12$1.16$5.96$0.19$0.36$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.26$1.39$5.87$0.34$0.38$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.34$1.43$5.91$0.40$0.40$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.48$1.57$5.91$0.30$0.35$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.71$1.66$6.06$0.29$0.21$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.75$1.77$5.98$0.26$0.21$0.05
2016Detailed filing. Detailed filing data is available for this year.$8.91$2.96$5.95$0.22$0.17$0.05
2015Detailed filing. Detailed filing data is available for this year.$9.15$3.16$5.99$0.25$0.16$0.09
2014Detailed filing. Detailed filing data is available for this year.$6.19$3.19$3.01$0.38$0.33$0.05
2013Summary only. Only limited summary data is available for this year.$6.10$3.15$2.95$0.36$0.29$0.07
2012Summary only. Only limited summary data is available for this year.$5.90$3.01$2.88$0.62$0.52$0.10
2011Summary only. Only limited summary data is available for this year.$5.98$3.20$2.78$0.51$0.40$0.11