SALEM, OR
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)VALLEY DEVELOPMENT INITIATIVES, founded in 1994, is a small nonprofit that reported $120K in total revenue in fiscal year 2024. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $196K exceeded revenue, resulting in a 63% operating deficit.
THE PRINCIPAL PURPOSES OF THIS CORPORATION SHALL BE TO ACT AS AN INTERMEDIARY BORROWER/RELENDER WITHIN THE SCOPE OF A CERTAIN "INTERMEDIARY RELENDING PROGRAM" ESTABLISHED BY THE U.S. DEPARTMENT OF AGRICULTURE, FARMERS HOME ADMINISTRATION (FMHA), AS A LENDER OF OTHER PUBLIC FUNDS SUCH AS THOSE MADE AVAILABLE UNDER THE RURAL BUSINESS ENTERPRISE GRANT PROGRAM ESTABLISHED BY FMHA AND FUNDS THAT MAY BE DERIVED FROM OTHER PUBLIC AGENCIES TO ACCOMPLISH SIMILAR GOALS, AND PROVIDE AFFORDABLE HOUSING THAT IS DECENT, SAFE, AND SANITARY FOR LOW-INCOME FAMILIES, TO CARRY OUT A NEIGHBORHOOD REVITALIZATION OR COMMUNITY ECONOMIC DEVELOPMENT, AND TO CONTRACT WITH AN APPROPRIATE POLITICAL SUBDIVISION ("A PUBLIC BODY" AS DEFINED IN ORS 30.620) OF THE STATE OF OREGON TO ADMINISTER SUCH PROGRAM IN THE NAME OF THIS CORPORATION.
PROVIDED LOANS TO SMALL BUSINESSES LOCATED IN RURAL COMMUNITIES OF CLACKAMAS, MARION, POLK, AND YAMHILL COUNTIES IN OREGON. TWO LOANS WERE MADE DURING THE FISCAL YEAR AND AS OF JUNE 30, 2025...
PROVIDED LOANS TO SMALL BUSINESSES LOCATED IN RURAL COMMUNITIES OF CLACKAMAS, MARION, POLK, AND YAMHILL COUNTIES IN OREGON. TWO LOANS WERE MADE DURING THE FISCAL YEAR AND AS OF JUNE 30, 2025, FOURTEEN LOANS WERE OUTSTANDING. IN ADDITION, STAFF ASSISTED THREE HOMEOWNERS WITH OVER $48,000 IN LOW INTEREST LOANS THROUGH THE TRADITIONAL HOUSING REHABILITATION LOAN PROGRAM.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $120,249 | $353,239 | -0.7% |
| Expenses | $195,658 | $418,415 | -0.5% |
| Net Income | $-75,409 | $-65,176 | +0.2% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DERIK MUNNS | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALEX RHOTEN | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANDY BENNETT | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RAY TEASLEY | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SAM BRENTANO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TRUMAN STONE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LESA GOFF | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KENNA WEST | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NATALIE MCRAE CARMICHAEL | PROGRAM DIRECTOR | 0.50 |
Officer
|
$0 | $41,450 | $163,451 |
| JEFFREY HILDERBRAND | LOAN PROGRAM MANAGER | 20.00 |
Highest
|
$0 | $37,019 | $156,858 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $120,249 | $195,658 | $7,382,916 | $-75,409 |
| 2024 | $353,239 | $418,415 | $7,682,904 | $-65,176 |
| 2023 | $319,865 | $473,460 | $7,879,106 | $-153,595 |
| 2022 | $191,112 | $361,742 | $7,121,121 | $-170,630 |
| 2021 | $336,935 | $375,436 | $7,257,429 | $-38,501 |
| 2020 | $396,099 | $397,078 | $7,338,440 | $-979 |
| 2019 | $296,477 | $353,421 | $7,481,853 | $-56,944 |
| 2018 | $286,780 | $211,545 | $7,711,017 | $75,235 |
Compare VALLEY DEVELOPMENT INITIATIVES with other nonprofits in Oregon and across the country.