VALLEY HOUSING DEVELOPMENT CORP INC

EIN: 042762580 501(c)(3) Housing & Shelter

SPRINGFIELD, MA

Total Revenue
$215,441
Total Expenses
$341,524
Total Assets
$3,437,426
Net Assets
$400,505
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
MA
Principal Officer
DOLORES SCOTT
Phone
4132331701
Tax Period
2023-01-01 to 2023-12-31

VALLEY HOUSING DEVELOPMENT CORP INC, founded in 1982, is a small nonprofit in the Housing & Shelter sector that reported $215K in total revenue in fiscal year 2023. Expenses of $342K exceeded revenue, resulting in a 59% operating deficit.

Mission

VALLEY HOUSING DEVELOPMENT CORPORATION PRIMARY PURPOSE IS TO PROVIDE FARM LABORERS WITH AFFORDABLE HOUSING FACILITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $214,436
Investment Income $1,005
Other Revenue $0
TOTAL REVENUE $215,441

Expense Breakdown

Grants Paid $0
Salaries & Benefits $69,278
Fundraising Expenses $0
Program Expenses $304,951
Other Expenses $272,246
TOTAL EXPENSES $341,524

Year-over-Year Comparison

2023 2022 Change
Revenue $215,441 $223,568 0.0%
Expenses $341,524 $324,420 +0.1%
Net Income $-126,083 $-100,852 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
8
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETTY LICHTENSTEIN PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $0 $0
DOLORES SCOTT TREASURER/ASST. CLERK 1.00
Officer Director
$0 $0 $0
SYLVIA GALVAN DIRECTOR 1.00
Officer Director
$0 $0 $0
MARY BIRKS DIRECTOR 1.00
Director
$0 $0 $0
THERESA COOPER-GORDAN DIRECTOR 1.00
Director
$0 $0 $0
DIOSDADO LOPEZ DIRECTOR 1.00
Director
$0 $0 $0
ELAINE VEGA DIRECTOR 1.00
Director
$0 $0 $0
MIGUEL ARCE DIRECTOR 1.00
Director
$0 $0 $0
CAROL WALKER DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $215,441 $341,524 $3,437,426 $-126,083
2022 $223,568 $324,420 $3,550,797 $-100,852
2021 $187,902 $303,545 $3,634,413 $-115,643
2020 $155,019 $190,180 $4,437,112 $-35,161
2019 $213,544 $211,480 $2,109,011 $2,064
2018 $275,809 $184,319 $1,046,868 $91,490
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare VALLEY HOUSING DEVELOPMENT CORP INC with other nonprofits in Massachusetts and across the country.