Valley Initiative For Affordable Housing
- Assets
- $3.5m
- Revenue
- $99.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Merced, CA
- Founding
- 07/2004
- Data as of
- 12/2021
- EIN
- 51-0487297
Organization Overview
Valley Initiative For Affordable Housing is located in Merced, CA. The organization was established in 2004. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Initiative For Affordable Housing is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Valley Initiative For Affordable Housing generated $99.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $25.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Macdonald Treasurer | 0 | $0 | |
Dorothy Knox Secretary | 0 | $0 | |
Michelle Mineni President | 0 | $0 | |
Kirk Kano Vice President | 0 | $0 | |
Jill Cunningham Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $70 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $98,950 |
| Total Revenue | $99,020 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,317 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $3,348 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,416 |
| Total operating and administrative expenses | $25,596 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $25,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $196,270 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $583,588 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $2,720,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,499,858 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $2,705,631 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,705,631 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hollywood Community Housing Corporation Los Angeles, CA | $87,826,878 | $9,106,677 |
Habitat For Humanity International Inc Monrovia, CA | $10,420,677 | $8,377,846 |
Habitat For Humanity International Inc San Diego, CA | $17,987,531 | $9,101,598 |
Corporate Fund For Housing Long Beach, CA | $62,505,440 | $8,997,837 |
Bridge Housing Corporation - Southern California San Francisco, CA | $19,249,225 | $4,951,235 |
Habitat For Humanity Tucson Inc Tucson, AZ | $32,170,830 | $10,758,994 |
Bienestar Inc Hillsboro, OR | $44,494,101 | $8,073,400 |
Augusta Homes Upland, CA | $57,007,728 | $7,808,185 |
Linc Community Development Corporation Long Beach, CA | $50,572,964 | $7,561,033 |
Resident Owned Parks Inc Sacramento, CA | $73,117,856 | $8,641,383 |
National Community Renaissance Development Corporation Rancho Cucamonga, CA | $20,200,023 | $6,094,329 |
Sequoia Mental Health Services Inc Beaverton, OR | $13,233,092 | $9,043,542 |