Skip to content
Nonprofiteer
← MON VALLEY ALLIANCE FOUNDATION INC

Form 990 for tax year 2023

Filed by MON VALLEY ALLIANCE FOUNDATION INC.

What the amendment changed

Compared with the return it replaced , filed 15 November 2024. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$536,654 changed to $526,716
Total expenses
$630,447 changed to $660,467
Contributions and grants received
$265,096 changed to $273,096
Grants paid
$148,018 changed to $150,843
Program service revenue
$14,372 changed to $14,522
Investment income
$41,700 changed to $43,527
Other revenue
$215,486 changed to $195,571
Total assets, end of year
$1,544,092 changed to $1,505,151
Total liabilities, end of year
$58,725 changed to $59,793
Net assets or fund balances, end of year
$1,485,367 changed to $1,445,358
Program services expenses
$528,775 changed to $552,091
Management and general expenses
$92,327 changed to $98,361
Fundraising expenses
$9,345 changed to $10,015
Program service expenses (Part III)
$528,775 changed to $552,091

Listed only on the earlier return

  • John R Easoz

Totals

Total revenue
$526,716
Total expenses
$660,467
Contributions and grants received
$273,096
Grants paid
$150,843
Program service revenue
$14,522
Investment income
$43,527
Other revenue
$195,571
Total assets, end of year
$1,505,151
Total liabilities, end of year
$59,793
Net assets or fund balances, end of year
$1,445,358
Program services expenses (Part IX)
$552,091
Management and general expenses
$98,361
Fundraising expenses
$10,015
Program service expenses (Part III)
$552,091

Program services were 83.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $273,096

  • 2a · Program service revenue: SYMPOSIUM

    total $14,522 · related or exempt $14,522

  • 3 · Investment income

    total $38,180 · excluded $38,180

  • 5 · Royalties

    total $414 · excluded $414

  • 7a · Gross sales of assets other than inventory

    securities $106,061

  • 7b · Less cost or other basis and sales expenses

    securities $100,714

  • 7c · Gain or loss

    securities $5,347

  • 7d · Net gain or loss

    total $5,347 · excluded $5,347

  • 11a · Other revenue: MANAGEMENT INCOME

    total $187,000 · related or exempt $187,000

  • 11b · Other revenue: MISCELLEANOUS INCOME

    total $8,157 · related or exempt $8,157

  • 11e · Other revenue, total

    $195,157

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $150,843 · program services $150,843

  • 5 · Compensation of officers, directors and key employees

    total $129,256 · program services $102,112 · management and general $25,851 · fundraising $1,293

  • 7 · Other salaries and wages

    total $160,401 · program services $126,713 · management and general $32,079 · fundraising $1,609

  • 9 · Other employee benefits

    total $32,072 · program services $25,337 · management and general $6,415 · fundraising $320

  • 10 · Payroll taxes

    total $21,219 · program services $16,763 · management and general $4,244 · fundraising $212

  • 11b · Fees: legal

    total $1,395 · management and general $1,395

  • 11c · Fees: accounting

    total $10,172 · management and general $10,172

  • 11g · Fees: other

    total $16,660 · program services $15,318 · management and general $1,278 · fundraising $64

  • 12 · Advertising and promotion

    total $11,216 · program services $3,739 · management and general $1,869 · fundraising $5,608

  • 13 · Office expenses

    total $9,037 · program services $7,139 · management and general $1,808 · fundraising $90

  • 14 · Information technology

    total $7,589 · program services $5,995 · management and general $1,518 · fundraising $76

  • 16 · Occupancy

    total $14,636 · program services $11,563 · management and general $2,927 · fundraising $146

  • 17 · Travel

    total $8,756 · program services $6,917 · management and general $1,751 · fundraising $88

  • 22 · Depreciation, depletion and amortization

    total $6,833 · program services $5,297 · management and general $1,536

  • 23 · Insurance

    total $10,574 · program services $8,353 · management and general $2,115 · fundraising $106

  • 24a · Other expenses: PROJECT EXPENSES

    total $41,742 · program services $41,742

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $14,935 · program services $13,599 · management and general $1,336

  • 24c · Other expenses: MISCELLANEOUS EXPENSE

    total $11,361 · program services $10,661 · management and general $297 · fundraising $403

  • 24d · Other expenses: DUES & SUBSCRIPTIONS

    total $1,770 · management and general $1,770

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $32,564 · end of year $140,553

  • 2 · Savings and temporary cash investments

    beginning of year $271,495 · end of year $195,513

  • 3 · Pledges and grants receivable

    end of year $100,000

  • 4 · Accounts receivable

    beginning of year $50,028 · end of year $6,070

  • 7 · Other notes and loans receivable

    beginning of year $706,327 · end of year $758,117

  • 9 · Prepaid expenses and deferred charges

    beginning of year $30

  • 10a · Land, buildings and equipment: cost or other basis

    $287,608

  • 10b · Land, buildings and equipment: accumulated depreciation

    $13,629

  • 10c · Land, buildings and equipment, net

    beginning of year $280,812 · end of year $273,979

  • 11 · Investments: publicly traded securities

    beginning of year $133,867 · end of year $30,318

  • 15 · Other assets

    beginning of year $110,430 · end of year $601

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,901 · end of year $14,140

  • 25 · Other liabilities

    beginning of year $0 · end of year $45,653

  • 27 · Net assets without donor restrictions

    beginning of year $1,345,652 · end of year $1,108,251

  • 28 · Net assets with donor restrictions

    beginning of year $230,000 · end of year $337,107

Mission and programs · 2023

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.

  • TO PROMOTE ECONOMIC DEVELOPMENT AND IMPROVE THE BUSINESS ATMOSPHERE IN THE MON VALLEY REGION OF SOUTHWESTERN PENNSYLVANIA.

    Expenses $552,091 · Grants $150,843 · Revenue $209,679

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • John Lacarte

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Michael Thornton

    TREASURER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Randy Patterson

    SECRETARY

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • Anthony Mauro

    EXECUTIVE MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Edward Mendola

    EXECUTIVE MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Louis A Quarto

    EXECUTIVE MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Gina C Lynn

    EXECUTIVE MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Tanya Chaney

    EXECUTIVE MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Will Thomeier Jr

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    4 + 4 related

  • Jeremy Wallace

    EXECUTIVE MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Peter Adamo

    EXECUTIVE MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Jeff Jones

    EXECUTIVE MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Todd Pappasergi

    EXECUTIVE MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Jamie Colecchi

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $129,256
    From this org
    $111,181
    From related orgs
    $0
    Other
    $18,075
    Hours/week
    20 + 20 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • MON VALLEY ALLIANCE

    501(C)(6) · TO PROMOTE INDUSTRIAL AND COMMERCIAL BUSINESS IN THE MON VALLEY REGION · PA

Provenance

Return type
form_990
Tax year
2023
Filed
24 June 2025
IRS schema version
2023v6.0
Source object
202501769349300145

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.