Nonprofit · EIN 25-1591350
THE MON VALLEY INITIATIVE
Tax-exempt · HOMESTEAD, PA 15120
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,420,162 | $4,358,814 | -$938,652 | $22,235,310 | $1,345,198 | $20,890,112 |
| December 31, 2024 | 990 | $5,040,135 | $4,743,823 | $296,312 | $22,832,294 | $1,528,250 | $21,304,044 |
| December 31, 2023 | 990 | $14,993,148 | $5,660,108 | $9,333,040 | $22,726,082 | $2,070,473 | $20,655,609 |
| December 31, 2021 | 990 | $6,776,914 | $5,935,490 | $841,424 | $13,834,509 | $2,838,580 | $10,995,929 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,987,440
- of which government grants
- $794,388
- Program service revenue
- $570,916
- Investment income
- $336,583
- Net rental income
- $460,962
- Net income from fundraising events
- $5,418
- Other revenue
- $525,223
Expenses
- Grants and similar amounts paid
- $547,418
- Compensation of officers, directors and key employees
- $221,815
- Other salaries and wages
- $1,329,786
- Salaries, compensation and benefits (total)
- $1,702,070
- Professional fundraising fees
- $0
- Travel
- $20,423
- Depreciation
- $383,790
- Program services (functional)
- $4,081,746
- Management and general (functional)
- $249,550
- Fundraising (functional)
- $27,518
Balance sheet and other
- Total assets, start of year
- $22,832,294
- Total assets, end of year
- $22,235,310
- Total liabilities, end of year
- $1,345,198
- Net assets, end of year
- $20,890,112
- Land, buildings and equipment
- $9,180,764
- Publicly traded securities
- $7,427,469
- Net assets without donor restrictions
- $11,214,513
- Net assets with donor restrictions
- $9,675,599
- Gross receipts
- $3,444,219
- Employees
- 27
- Volunteers
- 135
- Year formed
- 1988
- State of legal domicile
- PA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA ZINSKI | CEO Officer | 40 | $126,539 |
| APRIL HOOVER | CFO Officer | 40 | $95,276 |
| GODFREY BETHEA | BOARD MEMBER Trustee or director | 1 | $0 |
| DALE BIZUB | BOARD MEMBER Trustee or director | 1 | $0 |
| LINDSEY COY | BOARD MEMBER Trustee or director | 1 | $0 |
| JEBEDIAH FELDMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| JANE FLAHERTY | CHAIR Trustee or director, Officer | 2 | $0 |
| MONET HAM | BOARD MEMBER Trustee or director | 1 | $0 |
| MARY CAROL KENNEDY | TREASURER Trustee or director, Officer | 2 | $0 |
| BARBARA LAFACE | BOARD MEMBER Trustee or director | 1 | $0 |
| TYLER REEDER | SECRETARY Trustee or director, Officer | 2 | $0 |
| RICHARD WALLACE | BOARD MEMBER Trustee or director | 1 | $0 |
| TERRY WARD | VICE CHAIR Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA ZINSKI | CEO Officer | 40 | $125,000 |
| APRIL HOOVER | CFO Officer | 40 | $93,127 |
| GODFREY BETHEA | BOARD MEMBER Trustee or director | 1 | $0 |
| BARATA BEY | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| DALE BIZUB | BOARD MEMBER Trustee or director | 1 | $0 |
| LINDSEY COY | BOARD MEMBER Trustee or director | 1 | $0 |
| JEBEDIAH FELDMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| JANE FLAHERTY | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| MONET HAM | BOARD MEMBER Trustee or director | 1 | $0 |
| MARY CAROL KENNEDY | TREASURER Trustee or director, Officer | 2 | $0 |
| BARBARA LAFACE | BOARD MEMBER Trustee or director | 1 | $0 |
| TYLER REEDER | BOARD MEMBER Trustee or director | 1 | $0 |
| RICHARD WALLACE | BOARD MEMBER Trustee or director | 1 | $0 |
| TERRY WARD | SECRETARY Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Laura Zinski | CEO Officer | 40 | $112,000 |
| April Hoover | CFO Officer | 40 | $83,646 |
| Lindsey Coy | Board Member Trustee or director | 1 | $0 |
| Jebediah Feldman | Board Member Trustee or director | 1 | $0 |
| Mary Carol Kennedy | Treasurer Trustee or director, Officer | 2 | $0 |
| Barata Bey | Chairman Trustee or director, Officer | 2 | $0 |
| Tyler Reeder | Board Member Trustee or director | 1 | $0 |
| Dale Bizub | Board Member Trustee or director | 1 | $0 |
| Barbara LaFace | Board Member Trustee or director | 1 | $0 |
| Terry Ward | Secretary Trustee or director, Officer | 2 | $0 |
| Jane Flaherty | Vice Chair Trustee or director, Officer | 2 | $0 |
| Richard Wallace | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2021: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Laura Zinski | CEO Officer | 40 | $112,000 |
| Joey-Linn Ulrich | COO Officer | 40 | $96,154 |
| April Hoover | CFO Officer | 40 | $78,447 |
| Lindsey Coy | Board Member Trustee or director | 1 | $0 |
| Jebediah Feldman | Board Member Trustee or director | 1 | $0 |
| Terry Ward | Board Member Trustee or director | 1 | $0 |
| Mary Carol Kennedy | Chair Trustee or director, Officer | 2 | $0 |
| Barata Bey | Board Member Trustee or director | 1 | $0 |
| Dale Bizub | Secretary Trustee or director, Officer | 2 | $0 |
| Barbara LaFace | Board Member Trustee or director | 1 | $0 |
| Jane Flaherty | Treasurer Trustee or director, Officer | 2 | $0 |
| Joseph P Flynn Jr | Vice Chair Trustee or director, Officer | 2 | $0 |
| Richard Wallace | Board Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 305 E 8TH AVE, HOMESTEAD, PA 15120-1517
- Principal officer (990 for 2025)
- LAURA ZINSKI, 305-305 EAST EIGHTH AVENUE, HOMESTEAD, PA 15120
- Signed the 990
- LAURA ZINSKI, CEO
- Phone
- (412) 464-4000
- Website
- WWW.MONVALLEYINITIATIVE.COM
- Return prepared by
- HENNESSY BLOTZER LLC
Mission
MON VALLEY INITIATIVE IS A REGIONAL COMMUNITY DEVELOPMENT COPORATION REPRESENTING COMMUNITIES AND STAKEHOLDERS ALONG THE MONOGAHELA RIVER AND ITS TRIBUTARIES IN THREE SOUTHWESTERN PENNSYLVANIA COUNTIES. MVI IS ORGANIZED INTO THREE PROGRAM AREAS, TO BEST CARRY OUT ITS MISSION OF "MON VALLEY INITIATIVE STRENGTHENS THE MON VALLEY REGION BY RESPONSIBLY INVESTING IN OUR PEOPLE AND PLACES". THE THREE PROGRAM AREAS ARE REAL ESTATE AND COMMUNITY DEVELOPMENT, HOUSING COUNSELING AND WORKFORCE DEVELOPMENT AND FINANCIAL COACHING.
Program accomplishments
- REAL ESTATE DEVELOPMENT: THE PURPOSE OF MVI'S REAL ESTATE DEVELOPMENT PROGRAM IS TO HELP REBUILD THE FABRIC OF MVI'S MEMBER COMMUNITIES, THEREBY STABILIZING BOTH THE BUILT ENVIRONMENT AND PROPERTY VALUES, MAINTAINING THE TAX BASE, AND PROMOTING A CULTURE OF PUBLIC SAFETY AND COMMUNITY CONFIDENCE. MVI PROVIDES DIRECT REAL ESTATE DEVELOPMENT SERVICES THROUGH EXISTING PROGRAMS INCLUDING "REHAB FOR RESALE" (ACQUISITION, RENOVATION AND RESALE OF EXISTING BLIGHTED AND VACANT PROPERTIES), NEW CONSTRUCTION HOUSING IN TARGETED AREAS, OWNER- OCCUPIED REHABS, RESIDENTIAL RENTAL DEVELOPMENT, THE DEVELOPMENT OF STRATEGIC COMMERCIAL SPACES IN TARGETED BUSINESS DISTRICTS, AND VARIOUS COMPLEMENTARY INITIATIVES IN COMMUNITY PLANNING, ZONING AND MARKETING OUTREACH. MVI AND ITS LOCALLY-BASED PARTNERS HAVE NOW COMPLETED CONSTRUCTION, REDEVELOPMENT OR FACILITATED THE TRANSFER OF 675 UNITS OF HOUSING, WITH 8 UNITS UNDER CONSTRUCTION AND 12 UNITS IN PREDEVELOPMENT.Expenses $2,562,220
- HOUSING COUNSELING: THE MON VALLEY INITIATIVE NATIONAL INTERMEDIARY IS A HUD-APPROVED NATIONAL HOUSING COUNSELING INTERMEDIARY THAT PROVIDES ADMINISTRATIVE SERVICES, HOUSING COUNSELING FUNDING, AND PERFORMANCE MONITORING SERVICES TO A NATIONAL NETWORK OF SUB-GRANTEE AGENCIES. THE AGENCIES IN TURN PROVIDE ELIGIBLE HOUSING COUNSELING SERVICES TO PARTICIPANTS IN THEIR LOCAL AREAS. DURING THE 2025 HUD FISCAL YEAR, THE AGENCIES PROVIDED HOUSING COUNSELING TO 7,658 HOUSEHOLDS. MVI'S HOUSING COUNSELING PROGRAM IS A SUB-GRANTEE AGENCY OF THE MON VALLEY INITIATIVE NATIONAL INTERMEDIARY. THE PURPOSE OF MVI'S PRE-PURCHASE HOUSING COUNSELING PROGRAM IS TO EDUCATE AND ASSIST INDIVIDUALS AND FAMILIES, WITH LOW AND MODERATE INCOMES, IN THE PROCESS OF OBTAINING AN AFFORDABLE MORTGAGE TO FACILITATE THE PURCHASE OF A HOME. MVI PROVIDES CREDIT AND BUDGET ANALYSES, AND HUD- AND PHFA-APPROVED HOUSING COUNSELING ACTION PLANS TO BRING PARTICIPANTS TO MORTGAGE-READINESS. MVI ALSO COORDINATES SERVICES WITH SEVERAL OTHER HOUSING COUNSELING AGENCIES IN OUR AREA. DURING 2025, MVI'S HOUSING COUNSELING PROGRAM PROVIDED ASSISTANCE TO 148 PARTICIPANTS THROUGH PRE-PURCHASE HOUSING COUNSELING. OF THOSE RECEIVING PRE-PURCHASE COUNSELING, 60 WENT ON TO BECOME HOMEOWNERS.Expenses $694,162 · grants $547,418
- COMMUNITY DEVELOPMENT: THE COMMUNITY DEVELOPMENT AND OUTREACH EFFORTS UNDERTAKEN THROUGH THIS PROGRAM SUPPORT AND ENGAGE VOLUNTEERS, PARTNER ORGANIZATIONS, COMMUNITY RESIDENTS AND STAKEHOLDERS TO BUILD CONNECTIONS AND GATHER VITAL GUIDANCE AND FEEDBACK, ENSURING THE MVI REMAINS DEEPLY ENGAGED AT THE LOCAL LEVEL. THE PROGRAM STAFF PROVIDE GUIDANCE TO PARTNER ORGANIZATIONS, COORDINATE SPECIAL EVENTS, AND PROVIDE SUPPORT TO THE OTHER MVI PROGRAM AREAS. MVI'S WORK WAS SUPPORTED BY A VOLUNTEER BASE OF APPROXIMATELY 135 INDIVIDUALS IN 2025.Expenses $440,158
- WORKFORCE DEVELOPMENT AND FINANCIAL COACHING: THE PURPOSE OF MVI'S WORKFORCE DEVELOPMENT AND FINANCIAL COACHING PROGRAM IS TO INCREASE THE INCOME LEVELS AND FINANCIAL SELF-SUFFICIENCY OF LOCAL RESIDENTS THROUGH EFFECTIVE CAREER DEVELOPMENT SERVICES AND FINANCIAL COACHING, ASSISTING THE UNEMPLOYED AND UNDER-EMPLOYED TO ADVANCE. IN ADDITION TO THE ASSISTANCE PROVIDED TO PARTICIPANTS, THE TEAM WORKS WITH LOCAL EMPLOYERS TO UNDERSTAND THEIR HUMAN RESOURCE NEEDS. MVI PROVIDES DIRECT SERVICES TO PARTICIPANTS THROUGH BASIC CAREER COUNSELING, FINANCIAL COACHING, CLASSROOM WORK, SEMINARS, AND PRE- AND POST-EMPLOYMENT CASE MANAGEMENT. MVI ALSO WORKS WITH MON VALLEY EMPLOYERS TO IDENTIFY SKILL REQUIREMENTS AND EMPLOYMENT OPPORTUNITIES, AND TO MAKE CONNECTIONS ON BEHALF OF MVI'S PARTICIPANTS. IN ADDITION TO DIRECT RECRUITMENT AND JOB FAIRS, EMPLOYERS VOLUNTEER PRESENTING IN CAREER EXPLORATION WORKSHOPS AND DOING PRACTICE INTERVIEWS WITH PARTICIPANTS. IN 2025, MVI SERVED 373 PARTICIPANTS. "SERVED" IS DEFINED AS MEETING A PROGRAM MILESTONE: ENROLLED, COMPLETED THE PROGRAM, OBTAINED EMPLOYMENT, OR MAINTAINED EMPLOYMENT FOR AT LEAST SIX MONTHS. DURING THE YEAR, 231 PARTICIPANTS ENROLLED IN MVI'S CAREER DEVELOPMENT PLANNING PROCESS, 50% OF WHICH GAINED EMPLOYMENT. DURING THE YEAR, 43 UNIQUE EMPLOYERS HIRED MVI PARTICIPANTS. OF THOSE SERVED, 97% CONTINUED WITH MVI'S ONE-ON-ONE FINANCIAL COACHING PROGRAM.Expenses $385,206
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 | 990 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
- 25-1591350
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S200)
- Assets (IRS master file)
- $22,235,310
- Income (IRS master file)
- $3,444,219
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,420,162 | $4,358,814 | $22,235,310 | XML |
| 990 | December 2024 | $5,040,135 | $4,743,823 | $22,832,294 | XML |
| 990 | December 2023 | $14,993,148 | $5,660,108 | $22,726,082 | XML |
| 990 | December 2022 | $6,041,263 | $5,577,187 | $14,466,741 | IRS |
| 990 | December 2021 | $6,776,914 | $5,935,490 | $13,834,509 | XML |
| 990 | December 2020 | – | – | – | 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 25-1591350).
Questions about THE MON VALLEY INITIATIVE
- What is the EIN of THE MON VALLEY INITIATIVE?
- The employer identification number (EIN) of THE MON VALLEY INITIATIVE is 25-1591350.
- Is THE MON VALLEY INITIATIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to THE MON VALLEY INITIATIVE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE MON VALLEY INITIATIVE 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 THE MON VALLEY INITIATIVE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE MON VALLEY INITIATIVE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of THE MON VALLEY INITIATIVE?
- The 990 for the year ended December 31, 2025 names LAURA ZINSKI.
- Who are the officers and directors of THE MON VALLEY INITIATIVE?
- The 990 for the year ended December 31, 2025 lists 13 people; 2 received compensation from the organization, the highest $126,539 (LAURA ZINSKI, CEO).
- How much revenue does THE MON VALLEY INITIATIVE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,420,162, expenses of $4,358,814 and total assets of $22,235,310 at year end.
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All nonprofits in HOMESTEAD · Pennsylvania · Community improvement and capacity building