MON VALLEY ALLIANCE FOUNDATION

EIN: 251154706 501(c)(3)

MONONGAHELA, PA

Total Revenue
$536,654
Total Expenses
$630,447
Total Assets
$1,544,092
Net Assets
$1,485,367
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
PA
Principal Officer
JAMIE COLECCHI
Phone
7245655641
Tax Period
2023-01-01 to 2023-12-31

MON VALLEY ALLIANCE FOUNDATION, founded in 1965, is a small nonprofit that reported $537K in total revenue in fiscal year 2023. Expenses of $630K exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PROMOTE AND MARKET ECONOMIC DEVELOPMENT AND JOB CREATION IN THE MID MON VALLEY COMMUNITIES. OUR HISTORICAL LONGER-RANGE INITIATIVES OF PROMOTING TRANSPORTATION AND INDUSTRIAL PARK INFRASTRUCTURE WILL BE LEVERAGED THROUGH PUBLIC AND PRIVATE INVESTMENT AND INNOVATIVE STRATEGIC AND MASTER PLANNING ON TANGIBLE NEAR TERM PROJECTS INTENDED TO MEANINGFULLY IMPACT JOB GROWTH. THE RESULTS OF OUR ACTIVITIES ARE EXPECTED TO PRODUCE COMPLIMENTARY IMPROVEMENTS TO HOUSING, RETAIL AND RECREATIONAL ASSETS IN OUR GEOGRAPHICAL FRINGE COMMUNITIES AND BE COLLABORATIVE, SUPPORTIVE AND ACCRETIVE TO OTHER AGENCIES EFFORTS AND INCREASE THEIR ABILITY TO SUCCEED IN THEIR RESPECTIVE MISSIONS.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $265,096
Program Service Revenue $14,372
Investment Income $41,700
Other Revenue $215,486
TOTAL REVENUE $536,654

Expense Breakdown

Grants Paid $148,018
Salaries & Benefits $334,156
Fundraising Expenses $9,345
Program Expenses $528,775
Other Expenses $148,273
TOTAL EXPENSES $630,447

Year-over-Year Comparison

2023 2022 Change
Revenue $536,654 $508,756 +0.1%
Expenses $630,447 $366,247 +0.7%
Net Income $-93,793 $142,509 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
5
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
6
$129,256
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN R EASOZ EX-OFFICIO 4.00
Officer Director
$0 $0 $0
JOHN LACARTE VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
MICHAEL THORNTON TREASURER 2.00
Officer Director
$0 $0 $0
RANDY PATTERSON SECRETARY 3.00
Officer Director
$0 $0 $0
ANTHONY MAURO EXECUTIVE MEMBER 1.00
Director
$0 $0 $0
EDWARD MENDOLA EXECUTIVE MEMBER 1.00
Director
$0 $0 $0
LOUIS A QUARTO EXECUTIVE MEMBER 1.00
Director
$0 $0 $0
GINA C LYNN EXECUTIVE MEMBER 1.00
Director
$0 $0 $0
TANYA CHANEY EXECUTIVE MEMBER 1.00
Director
$0 $0 $0
WILL THOMEIER JR CHAIRMAN 4.00
Officer Director
$0 $0 $0
JEREMY WALLACE EXECUTIVE MEMBER 1.00
Director
$0 $0 $0
PETER ADAMO EXECUTIVE MEMBER 1.00
Director
$0 $0 $0
JEFF JONES EXECUTIVE MEMBER 1.00
Director
$0 $0 $0
TODD PAPPASERGI EXECUTIVE MEMBER 1.00
Director
$0 $0 $0
JAMIE COLECCHI CHIEF EXECUTIVE OFFICER 20.00
Officer
$111,181 $18,075 $129,256
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 $536,654 $630,447 $1,544,092 $-93,793
2023 $526,716 $660,467 $1,505,151 $-133,751
2022 $285,552 $368,226 $1,542,350 $-82,674
2022 $508,756 $366,247 $1,585,553 $142,509
2021 $580,835 $537,686 $1,480,333 $43,149
2020 $206,790 $373,532 $1,461,709 $-166,742
2019 $84,111 $186,096 $1,567,298 $-101,985
2018 $88,161 $127,395 $1,638,843 $-39,234
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