EIN 34-1264163

Valley Partners

IRS 501(c) type
501(c)(3)
Num. employees
11
State
Year formed
1977
Most recent tax filings
2023-12-01
Description
Valley Partners empowers entrepreneurs by assisting in job creation and providing loan programs to promote economic development. They promote economic development and employment opportunities by developing and operating a diversified portfolio of loan programs and other services to address the needs of regional businesses. Additionally, Valley Partners establishes and maintains partnerships with organizations to enhance business growth.
Also known as...
Mahoning Valley Economic Development Corporation; Valley Economic Development Partners
Total revenues
$8,153,238
2023
Total expenses
$1,297,501
2023
Total assets
$44,597,920
2023
Num. employees
11
2023

Program areas at Valley Partners

Promote 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 2023 Valley Partners closed 162 financial products for a total of $20,345,885.20.

Grants made by Valley Partners

GranteeGrant descriptionAmount
VariousGrant Class Program$80,000

Who funds Valley Partners

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Raymond John Wean FoundationGeneral Operating Support$154,000

Personnel at Valley Partners

NameTitleCompensation
Teresa MillerExecutive Director$121,776
James GibbsTreasurer$0
Josh TootVice President$0
Julie Michael SmithPresident$0
Sarra MohnSecretary$0
...and 6 more key personnel

Financials for Valley Partners

RevenuesFYE 12/2023
Total grants, contributions, etc.$6,572,667
Program services$1,548,508
Investment income and dividends$108,798
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-108,535
Net income from fundraising events$18,141
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$13,659
Total revenues$8,153,238

Form 990s for Valley Partners

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-30990View PDF
2022-122023-08-10990View PDF
2021-122022-06-02990View PDF
2020-122021-11-10990View PDF
2019-122021-02-19990View PDF
...and 10 more Form 990s

Organizations like Valley Partners

OrganizationLocationRevenue
Washington Area Community Investment FundWashington, DC$7,616,507
Baltimore Community LendingBaltimore, MD$4,865,383
Bluehub Loan FundBoston, MA$22,068,331
Midwest Minnesota Community Development CorporationDetroit Lakes, MN$6,318,095
Mountain AssociationBerea, KY$8,094,633
Ohio Community Development Finance FundColumbus, OH$16,922,285
I2eOklahoma City, OK$6,662,200
Cinnaire Lending CorporationLansing, MI$12,692,635
Community Loan Fund of New JerseyNew Brunswick, NJ$19,077,899
Locus Impact FundChristiansburg, VA$9,556,651
Data update history
September 21, 2024
Updated personnel
Identified 4 new personnel
July 22, 2024
Used new vendors
Identified 1 new vendor, including
October 6, 2023
Updated personnel
Identified 2 new personnel
October 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Business and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Operates donor advised fundsFundraising eventsState / local levelReceives government fundingFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
4319 Belmont Ave
Youngstown, OH 44505
Metro area
Youngstown-Warren-Boardman, OH-PA
County
Trumbull County, OH
Website URL
valleyedp.com/ 
Phone
(330) 759-3668
IRS details
EIN
34-1264163
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1977
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Central organization
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