VALLEY COMMUNITY DEVELOPMENT CORPORATION
256 PLEASANT STREET SUITE A, NORTHAMPTON, MA 01060 www.valleycdc.com

Total Revenue
$1,811,040
Total Expenses
$1,928,835
Net Assets
$3,674,169

Organizations Filed Purposes: TO PROMOTE THE DEVELOPMENT OF AFFORDABLE HOUSING, PROVIDE ECONOMIC OPPORTUNITIES AND ENCOURAGE COMMUNITY LEADERSHIP IN THE FOLLOWING MASSACHUSETTS COMMUNITIES; NORTHAMPTON, AMHERST, HADLEY, EASTHAMPTON, AND PELHAM.

RENTAL PROPERTIES- PROVIDES AFFORDABLE RENTAL PROPERTIES TO LOW AND MODERATE INCOME AND SPECIAL NEEDS POPULATIONS IN NORTHAMPTON AND AMHERST. ALL PROPERTIES WERE DEVELOPED BY VCDC.

HOUSING ASSISTANCE- PROVIDES FIRST TIME HOME BUYING COUNSELING, POST-PURCHASE COUNSELING AND FORECLOSURE PREVENTION COUNSELING PRIMARILY TO LOW AND MODERATE INCOME HOUSEHOLDS IN THE COMMUNITIES OF NORTHAMPTON, EASTHAMPTON, AMHERST, PELHAM AND HADLEY MASSACHUSETTS

HOUSING DEVELOPMENT- INCLUDES VCDC'S AND SUBSIDIARIES EFFORTS TO CREATE AND/OR PRESERVE AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME AND SPECIAL NEED HOUSEHOLDS IN THE COMMUNITIES OF SUNDERLAND, NORTHAMPTON, AMHERST, HADLEY AND EASTHAMPTON MASSACHUSETTS.GRANTS FUNDING RECEIVED IN FY 2020 TOTALED $279,742. THESE WERE FUNDS PROVIDE FOR THE CONSTRUCTION OF LOW INCOME HOUSING DEVELOPMENTS AND PASS THROUGH VALLEY COMMUNITY DEVELOPMENT TO THE HOUSING DEVELOPMENTS. DEVELOPMENT AND OVERHEAD FEES ARE EARNED OVER MULTIPLE YEARS AND ARE NOT RECORDED UNTIL IT IS EXPECTED TO BE PAID OUT TO VALLEY COMMUNITY DEVELOPMENT.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Joanne CampbellEXECUTIVE DIRECTOR35$98,797
Kelly RoseFISCAL DIRECTOR35$45,769
Euripedes De OlivieraDIRECTOR1$0
Dorothy NemetzBOARD MEMBER1$0
Kim AlstonDIRECTOR1$0
Maureen BorgDIRECTOR1$0
Greg RichaneDIRECTOR1$0
Donald PerryBOARD MEMBER1$0
William FontesDIRECTOR1$0
Theresa LavalleyDIRECTOR1$0
Carol WalkerDIRECTOR1$0
Peter JessopPRESIDENT1$0
Amy FydenVICE-PRESIDENT1$0
Madeline Weaver BlanchetteDIRECTOR1$0
Pat ByrnesDIRECTOR1$0
Richard BaumanCLERK1$0
Richard AbbottTREASURER1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202110499349300121_public.xml