Nonprofit · EIN 04-2762580
VALLEY HOUSING DEVELOPMENT CORPORATION INCORPORATED
Tax-exempt · SPRINGFIELD, MA 01103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $210,236 | $354,614 | -$144,378 | $3,330,675 | $3,074,548 | $256,127 |
| December 31, 2023 | 990 | $215,441 | $341,524 | -$126,083 | $3,437,426 | $3,036,921 | $400,505 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $208,673
- Investment income
- $1,563
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $62,374
- Salaries, compensation and benefits (total)
- $78,191
- Professional fundraising fees
- $0
- Legal fees
- $2,988
- Accounting fees
- $15,000
- Travel
- $1,482
- Depreciation
- $115,812
- Program services (functional)
- $320,556
- Management and general (functional)
- $34,058
Balance sheet and other
- Total assets, start of year
- $3,437,426
- Total assets, end of year
- $3,330,675
- Total liabilities, end of year
- $3,074,548
- Net assets, end of year
- $256,127
- Land, buildings and equipment
- $3,152,484
- Net assets without donor restrictions
- $256,127
- Gross receipts
- $210,236
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1982
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETTY LICHTENSTEIN | PRESIDENT/DIRECTOR Trustee or director, Officer | 1 | $0 |
| DOLORES SCOTT | TREASURER/ASST. CLERK Trustee or director, Officer | 1 | $0 |
| SYLVIA GALVAN | DIRECTOR Trustee or director, Officer | 1 | $0 |
| MARY BIRKS | DIRECTOR Trustee or director | 1 | $0 |
| THERESA COOPER-GORDAN | DIRECTOR Trustee or director | 1 | $0 |
| DIOSDADO LOPEZ | DIRECTOR Trustee or director | 1 | $0 |
| ELAINE VEGA | DIRECTOR Trustee or director | 1 | $0 |
| MIGUEL ARCE | DIRECTOR Trustee or director | 1 | $0 |
| CAROL WALKER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BETTY LICHTENSTEIN | PRESIDENT/DIRECTOR Trustee or director, Officer | 1 | $0 |
| DOLORES SCOTT | TREASURER/ASST. CLERK Trustee or director, Officer | 1 | $0 |
| SYLVIA GALVAN | DIRECTOR Trustee or director, Officer | 1 | $0 |
| MARY BIRKS | DIRECTOR Trustee or director | 1 | $0 |
| THERESA COOPER-GORDAN | DIRECTOR Trustee or director | 1 | $0 |
| DIOSDADO LOPEZ | DIRECTOR Trustee or director | 1 | $0 |
| ELAINE VEGA | DIRECTOR Trustee or director | 1 | $0 |
| MIGUEL ARCE | DIRECTOR Trustee or director | 1 | $0 |
| CAROL WALKER | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1780 MAIN ST, SPRINGFIELD, MA 01103-1000
- In care of
- % WAY FINDERS INC
- Principal officer (990 for 2024)
- DOLORES SCOTT, C/O WAY FINDERS INC 1780 MAIN, STREET, SPRINGFIELD, MA 01103
- Signed the 990
- DOLORES SCOTT, TREASURER
- Phone
- (413) 233-1701
- Return prepared by
- DANIEL DENNIS & COMPANY LLP
Mission
VALLEY HOUSING DEVELOPMENT CORPORATION PRIMARY PURPOSE IS TO PROVIDE FARM LABORERS WITH AFFORDABLE HOUSING FACILITIES.
Program accomplishments
- VALLEY HOUSING DEVELOPMENT CORPORATION PROVIDED 18 UNITS OF RESIDENTIAL HOUSING TO FARM LABORERS IN HOLYOKE, MASSACHUSETTS.Expenses $320,556 · revenue $208,673
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2762580
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1983
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L80Z)
- Assets (IRS master file)
- $3,330,675
- Income (IRS master file)
- $210,236
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $210,236 | $354,614 | $3,330,675 | XML |
| 990 | December 2023 | $215,441 | $341,524 | $3,437,426 | XML |
| 990 | December 2022 | $223,568 | $324,420 | $3,550,797 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2762580).
Questions about VALLEY HOUSING DEVELOPMENT CORPORATION INCORPORATED
- What is the EIN of VALLEY HOUSING DEVELOPMENT CORPORATION INCORPORATED?
- The employer identification number (EIN) of VALLEY HOUSING DEVELOPMENT CORPORATION INCORPORATED is 04-2762580.
- Is VALLEY HOUSING DEVELOPMENT CORPORATION INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to VALLEY HOUSING DEVELOPMENT CORPORATION INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALLEY HOUSING DEVELOPMENT CORPORATION INCORPORATED file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VALLEY HOUSING DEVELOPMENT CORPORATION INCORPORATED due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VALLEY HOUSING DEVELOPMENT CORPORATION INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of VALLEY HOUSING DEVELOPMENT CORPORATION INCORPORATED?
- The 990 for the year ended December 31, 2024 names DOLORES SCOTT.
- Who are the officers and directors of VALLEY HOUSING DEVELOPMENT CORPORATION INCORPORATED?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does VALLEY HOUSING DEVELOPMENT CORPORATION INCORPORATED have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $210,236, expenses of $354,614 and total assets of $3,330,675 at year end.
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All nonprofits in SPRINGFIELD · Massachusetts · Housing and shelter