EIN 34-1264163

Valley Partners

IRS 501(c) type
501(c)(3)
Num. employees
10
State
Year formed
1977
Most recent tax filings
2022-12-01
Description
Valley Partners empowers entrepreneurs by assisting in job creation and providing loan programs to promote economic development. They promote economic development and employment opportunities by developing and operating a diversified portfolio of loan programs and other services to address the needs of regional businesses. Additionally, Valley Partners establishes and maintains partnerships with organizations to enhance business growth.
Also known as...
Mahoning Valley Economic Development Corporation; Valley Economic Development Partners
Total revenues
$7,559,367
2022
Total expenses
$3,270,120
2022
Total assets
$34,171,948
2022
Num. employees
10
2022

Program areas at Valley Partners

Promote Economic Development and employment opportunities through business creation, expansion, and retention. Develop and operate a diversified portfolio of loan programs and other services to address the needs of regional businesses. Establish and maintain strong relationships with financial, educational, business, government, and Development organizations and attract investors for new business opportunities. In 2022 Valley Partners closed 64 loans totaling $6,532,225 and 214 small business grants for $1,965,995.00.

Grants made by Valley Partners

GranteeGrant descriptionAmount
Packard Museum AssociationMahoning County Small Business Relief$10,000
Game Changers Leadership and Peer Mentoring InitiativeMahoning County Small Business Relief$10,000
Trumbull Art GalleryMahoning County Small Business Relief$10,000
...and 5 more grants made

Personnel at Valley Partners

NameTitleCompensation
Teresa MillerExecutive Director$127,775
Wendy WaltersLoan Servicing Director
Terrence T. LoukDirector of Sba Lending Ext 121 |
Julie SwaugerOffice Manager Ext 110 |
Maureen StengleinPortfolio Manager Ext 114 |
...and 10 more key personnel

Financials for Valley Partners

RevenuesFYE 12/2022
Total grants, contributions, etc.$6,339,961
Program services$1,184,198
Investment income and dividends$58,860
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-58,199
Net income from fundraising events$20,627
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$13,920
Total revenues$7,559,367

Form 990s for Valley Partners

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-10990View PDF
2021-122022-06-02990View PDF
2020-122021-11-10990View PDF
2019-122021-02-19990View PDF
2018-122019-11-23990View PDF
...and 9 more Form 990s

Organizations like Valley Partners

OrganizationLocationRevenue
Calvert Impact Capital (CIC)Bethesda, MD$30,134,256
Village Capital CorporationCleveland, OH$2,325,742
Community Loan Fund of New JerseyNew Brunswick, NJ$18,328,900
I2eOklahoma City, OK$9,581,488
Bluehub Loan FundBoston, MA$22,068,331
The national Development councilNew York, NY$35,945,507
Cooperative Fund of the NortheastWatertown, MA$4,768,332
True Access Capital CorporationWilmington, DE$3,143,323
Chicago Neighborhood InitiativesChicago, IL$6,086,031
New Hampshire Community Loan FundConcord, NH$14,740,663
Data update history
October 6, 2023
Updated personnel
Identified 2 new personnel
October 5, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 26, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Business and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Operates donor advised fundsFundraising eventsState / local levelReceives government fundingFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
4319 Belmont Ave
Youngstown, OH 44505
Metro area
Youngstown-Warren-Boardman, OH-PA
County
Trumbull County, OH
Website URL
valleyedp.com/ 
Phone
(330) 759-3668
IRS details
EIN
34-1264163
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1977
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Central organization
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