Mon Valley Initiative
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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.8M
+0.5% YoY
Revenue
$5.0M
-66.4% YoY
Net Investment Income
$405K
+1190.7% YoY
Expenses
$4.7M
-16.2% YoY
About Mon Valley Initiative
Based on IRS filings
Mon Valley Initiative is a nonprofit organization focused on Community Improvement & Capacity Building, based in HOMESTEAD, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22.8M in total assets. Net investment income was $405K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,832,294 | $22,726,082 | $14,466,741 |
| Revenue | $5,040,135 | $14,993,148 | $6,041,263 |
| Expenses | $4,743,823 | $5,660,108 | $5,577,187 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $405,224 | $31,395 | $80,046 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
41 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAURA ZINSKI | CEO | 40 | $125,000 |
| APRIL HOOVER | CFO | 40 | $93,127 |
| GODFREY BETHEA | BOARD MEMBER | 1 | — |
| BARATA BEY | CHAIRMAN | 2 | — |
| DALE BIZUB | BOARD MEMBER | 1 | — |
| LINDSEY COY | BOARD MEMBER | 1 | — |
| JEBEDIAH FELDMAN | BOARD MEMBER | 1 | — |
| JANE FLAHERTY | VICE CHAIR | 2 | — |
| MONET HAM | BOARD MEMBER | 1 | — |
| MARY CAROL KENNEDY | TREASURER | 2 | — |
| BARBARA LAFACE | BOARD MEMBER | 1 | — |
| TYLER REEDER | BOARD MEMBER | 1 | — |
| RICHARD WALLACE | BOARD MEMBER | 1 | — |
| TERRY WARD | SECRETARY | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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