Skip to the page content
Your donations
Passes our checks

Valley Community Development Corporation

EIN 22-2906466 · Northampton, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair67 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

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.

Income
$2.5 million
Spending
$1.6 million
Spent on programs
77%
Reserves
25.1 months of spending
Largest source of income
government grants, 59%
Employees
12
Volunteers
0

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 67 out of 100. Higher than 54% of charities in its peer group (housing, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 25.1 months of spending.

  • Debt

    2 of 20

    It owes 77% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 36% of income.

  • Income trend

    0 of 15

    Income fell 49% on the year before.

  • Spending floor

    15 of 15

    77% of spending went to programs and raising each dollar of donations cost 1 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 70% of charities in its peer group (housing, $1m to $10m).

  • Independent board

    25 of 25

    11 of 11 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $812,446 spent. RENTAL PROPERTIES- PROVIDES PERMANENT AFFORDABLE RENTAL HOUSING TO LOW AND MODERATE INCOME AND UNDERSERVED POPULATIONS IN NORTHAMPTON AND AMHERST. ALL CURRENT OWNED RENTAL PROPERTIES WERE DEVELOPED BY VALLEY.
  2. $100,809 spent. SMALL BUSINESS - PROVIDES SMALL BUSINESS TECHNICAL ASSISTANCE AND WORKSHOPS PRIMARILY TO PEOPLE WITH LOW AND MODERATE INCOMES AND UNDERSERVED POPULATIONS (BIPOC COMMUNITIES, WOMEN, AND VETERANS).
  3. $211,352 spent. HOUSING DEVELOPMENT- VALLEY CREATES AND PRESERVES AFFORDABLE HOUSING OPPORTUNITIES FOR PEOPLE WITH LOW AND MODERATE INCOMES, UNHOUSED PEOPLE, AND OTHER VULNERABLE POPULATIONS IN HAMPSHIRE AND FRANKLIN COUNTIES.
  4. $112,669 spent. HOMEOWNERSHIP SUPPORT - ASSISTS FIRST TIME HOME BUYERS WITH PRE AND POST-PURCHASE COUNSELING, FORECLOSURE PREVENTION, AND FINANCIAL LITERACY COUNSELING THROUGH WORKSHOPS AND ONE TO ONE SUPPORT.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 1989.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.