MON VALLEY ALLIANCE

EIN: 256079920

MONONGAHELA, PA

Total Revenue
$1,173,495
Total Expenses
$815,622
Total Assets
$10,723,181
Net Assets
$8,340,274
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
PA
Principal Officer
JAMIE COLECCHI
Phone
7245655636
Tax Period
2024-01-01 to 2024-12-31

MON VALLEY ALLIANCE, founded in 1966, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $358K, a strong 30% operating margin.

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 (2024)

Revenue Breakdown

Contributions & Grants $594,575
Program Service Revenue $0
Investment Income $158,932
Other Revenue $419,988
TOTAL REVENUE $1,173,495

Expense Breakdown

Grants Paid $139,593
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $676,029
TOTAL EXPENSES $815,622

Year-over-Year Comparison

2024 2023 Change
Revenue $1,173,495 $820,310 +0.4%
Expenses $815,622 $343,703 +1.4%
Net Income $357,873 $476,607 -0.2%
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

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
12

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
5
$130,573
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
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 (RESIGNED 9/15/24) 1.00
Director
$0 $0 $0
LOUIS A QUARTO EXECUTIVE MEMBER 1.00
Director
$0 $0 $0
GINA C LYNN EXECUTIVE MEMBER (RESIGNED 9/25/24) 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
TODD PAPPASERGI EXECUTIVE MEMBER 1.00
Director
$0 $0 $0
JEFF JONES EXECUTIVE MEMBER 1.00
Director
$0 $0 $0
PETER ADAMO EXECUTIVE MEMBER 1.00
Director
$0 $0 $0
JAMIE COLECCHI CHIEF EXECUTIVE OFFICER 20.00
Officer
$0 $25,573 $130,573
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 $1,173,495 $815,622 $10,723,181 $357,873
2023 $789,093 $309,974 $10,168,758 $479,119
2023 $820,310 $343,703 $10,104,875 $476,607
2022 $218,402 $314,792 $7,721,171 $-96,390
2022 $471,469 $319,759 $7,908,549 $151,710
2021 $2,251,955 $252,584 $8,335,436 $1,999,371
2020 $617,317 $407,065 $6,127,312 $210,252
2019 $608,872 $261,821 $6,069,034 $347,051
2018 $697,809 $415,142 $5,490,857 $282,667
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