Valley Economic Development Partners Inc
Valley Economic Development Partners Inc. is a public charity based in Youngstown, Ohio. It supports small-business creation and expansion and local job growth through education, technical assistance, and flexible lending solutions developed with other community development organizations.
Valley Economic Development Partners Inc at a glance
In short: Valley Economic Development Partners Inc gave $784K across 1 grant in 2025 (avg $784K). Source: 2025 IRS Form 990.
- Annual giving (2025)
- $784,171
- -7.3% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $784,171
- -7.3% vs 2024
- Median grant
- $784,171
- Total assets
- $47,179,581
- +0.6% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
How to apply to Valley Economic Development Partners Inc
- How to Apply
-
For the Business Accounting & Legal Grant, register for the six-part course and check eligibility. The stated award is $8,000. The available information does not specify application materials or restrictions.
- Contact
Mailing address: 4319 Belmont Ave, Youngstown, OH 44505
Phone: (330) 759-3668
Website: https://valleyedp.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Valley Economic Development Partners Inc
Who Valley Economic Development Partners Inc funds
How this funder distributes its grants
Grant Size Distribution
235 grants across all recorded years
The most common grant size was under $50K: 231 grants of 235 (98%).
Geographic Focus
Where this funder awards grants
Valley Partners is based in Youngstown and describes services across counties in Ohio and Pennsylvania. Its website lists primary service areas in Ohio and Pennsylvania and says its SBA 504 and Community Advantage loan products are available throughout Ohio. The Business Accounting & Legal Grant listing does not specify a geographic scope.
Grant Distribution by State
States
Cities
How Valley Economic Development Partners Inc gives
- Giving fell 41% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $80K (2023) to $4.6M (2020). In 2025 it made 1 grant totaling $784K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Various | Grant Class Program | $784,171 |
Ready to take the next step with Valley Economic Development Partners Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $47,179,581 | $4,298,391 | $2,110,313 | $784,171 | 1 | $225,187 |
| 2024 | $46,885,293 | $7,513,618 | $2,213,818 | $846,100 | 1 | $201,102 |
| 2023 | $44,597,920 | $8,153,238 | $1,297,501 | $80,000 | 1 | $263 |
| 2022 | $34,171,948 | $7,559,367 | $3,270,120 | $1,324,200 | 134 | $661 |
| 2021 | $51,000,529 | $7,351,682 | $2,223,541 | $1,000,338 | 98 | $62,910 |
| 2020 | $26,184,630 | $11,899,597 | $5,598,711 | $4,592,315 | 440 | $124,255 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The organization’s stated mission is to support the creation and expansion of small businesses and local jobs where economic opportunity is needed most through education classes and flexible lending solutions, in collaboration with other community development organizations. Its 2025 filing describes work to promote economic development and employment through business creation, expansion, and retention, and to operate a range of loan programs and other services for regional businesses.
The website also describes free technical assistance for small-business owners, including help with business plans and projections, and education classes and seminars. In its own description of the work, Valley Partners says it closed 149 financial products totaling $9.6 million in 2025.
The two 2022 grantees listed in the available records illustrate a range of organizations supported. Packard Museum Association described its mission as operating a public museum preserving history associated with the Packard family, Packard Electric, and the Packard Motor Car Company. Children’s Rainbow Cooperative Preschool described its mission as helping preschool-aged children develop social, intellectual, emotional, and physical skills.
Grantmaking
The 2025 filing reports one grant totaling $784,171, listed under the purpose “GRANT CLASS PROGRAM” and with the recipient identified as “VARIOUS.” The filing reports one grant of $846,100 in 2024 and one of $80,000 in 2023. The single reported grant in each year is the only available basis for describing grant size; the filing does not identify individual recipient amounts for the 2025 grant.
The listed 2022 grants include $10,000 to Packard Museum Association and $10,000 to Children’s Rainbow Cooperative Preschool. Separately, the website describes a Business Accounting & Legal Grant offering an $8,000 award to eligible participants who register for a six-part course. The materials provided do not state whether the filing’s “GRANT CLASS PROGRAM” grant total represents awards through this specific program.
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2025 filing are Julie Michael Smith, director; Josh Toot, president; Stephanie Gilchrist, secretary; Vito Abruzzino, director; Derrick McDowell, director; Diane Richardson, director; Samuel Huston, vice president; Giovani Merlo, director; Lynette Sutton, director; and Michael Keys, director.
Valley Economic Development Partners Inc is led by Teresa Miller, Executive Director on every filing since 2020; 1 of 18 officers listed in 2025 is compensated.
Officers on the 2025 filing
Teresa Miller
Executive Director
On filings since 2020
40 hrs/week
$105K (2020) → $135K (2025)
Josh Toot
President
Vice President → President, 2024
On filings since 2022
0.2 hrs/week
No compensation reported
Julie Michael Smith
Director
Vice President → President, 2022
President → Director, 2024
On filings since 2020
0.2 hrs/week
No compensation reported
Lynette Sutton
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Michael Keys
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Diane Richardson
Director
On filings since 2021
0.2 hrs/week
No compensation reported
Sarra Mohn
Director
Director → Secretary, 2022
Secretary → Director, 2024
On filings since 2021
0.2 hrs/week
No compensation reported
Giovani Merlo
Director
On filings since 2022
0.2 hrs/week
No compensation reported
Derrick McDowell
Director
On filings since 2023
0.2 hrs/week
No compensation reported
Thomas Stabi
Director
On filings since 2023
0.2 hrs/week
No compensation reported
Vito Abruzzino
Director
On filings since 2023
0.2 hrs/week
No compensation reported
Bob Calvert
Director
New on the 2025 filing
0.2 hrs/week
No compensation reported
Melanie Cann
Director
New on the 2025 filing
0.2 hrs/week
No compensation reported
Tyler Williams
Director
New on the 2025 filing
0.2 hrs/week
No compensation reported
Wiley Runnestrand
Director
New on the 2025 filing
0.2 hrs/week
No compensation reported
Stephanie Gilchrist
Secretary
Director → Secretary, 2024
On filings since 2021
0.2 hrs/week
No compensation reported
Samuel Huston
Vice President
Director → Vice President, 2024
On filings since 2022
0.2 hrs/week
No compensation reported
Ben Digirolamo
Treasurer
Director → Treasurer, 2025
On filings since 2023
0.2 hrs/week
No compensation reported
Former officers (19)
- Former: Christopher Colella (2020–2024) — Treasurer
- Former: James Gibbs (2021–2024) — Director
- Former: Annemarie Deascentis (2022–2024) — Director
- Former: Shelley Taylor (2021–2023) — Director
- Former: James M. Rosa (2020–2022) — Director
- Former: Jeffrey S. Solomon (2020–2022) — Director
- Former: Anna Deascentis (2020–2021) — Director
- Former: Giovanne Merlo (2020–2021) — Director
- Former: Joshua Toot (2020–2021) — Treasurer
- Former: Sam Huston (2021) — Director
- Former: Charles Staples (2020) — Director
- Former: Dennis A. Rossi (2020) — Director
- Former: Dennis Krancevich (2020) — Director
- Former: Diane Sauer (2020) — Director
- Former: Judge George J. Limbert (2020) — Director
- Former: Michael S. Garvey (2020) — Director
- Former: Patricia B. Augustine (2020) — Director
- Former: Shelley Taylor Odille (2020) — Chairperson of Personnel Committee
- Former: Steven J. Snyder (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $135K, to Teresa Miller (Executive Director).
Frequently asked questions about Valley Economic Development Partners Inc
How much does Valley Economic Development Partners Inc give each year?
Valley Economic Development Partners Inc gave $784K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $846K across 1 grant.
How large is Valley Economic Development Partners Inc?
Valley Economic Development Partners Inc reported $47.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.3M.
What does Valley Economic Development Partners Inc fund?
The organization’s stated mission is to support the creation and expansion of small businesses and local jobs where economic opportunity is needed most through education classes and flexible lending solutions, in collaboration with other community development organizations. See mission & focus areas ↑
How do I apply for a grant from Valley Economic Development Partners Inc?
For the Business Accounting & Legal Grant, register for the six-part course and check eligibility. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Valley Economic Development Partners Inc make grants?
Valley Partners is based in Youngstown and describes services across counties in Ohio and Pennsylvania. Its website lists primary service areas in Ohio and Pennsylvania and says its SBA 504 and Community Advantage loan products are available throughout Ohio. The Business Accounting & Legal Grant listing does not specify a geographic scope.
What is Valley Economic Development Partners Inc's EIN?
Valley Economic Development Partners Inc's EIN (Employer Identification Number) is 34-1264163. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS June 2, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 10, 2023)
- Added Form 990 for fiscal year 2025 (received by the IRS August 5, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Valley Economic Development Partners Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Premier Bank Foundation
Canfield, OH
The foundation supports qualified charitable organizations and community efforts, with 2025 grants spanning neighborhood development, social equity, entrepreneurship, revitalization, and local services. Grants ranged from $30 to $60,000, with a median of $1,682, and most funding went to Ohio, followed by Indiana, Michigan, and Pennsylvania. Its filing says it does not limit giving to preselected organizations; awards are determined by its Distribution Committee, and no application form or materials are listed.
Assets
$14.5M
Grants
388
Total Given
$1.4M
Youngstown Fdn General
Youngstown, OH
The Youngstown Foundation funds charitable, educational, scientific, and community projects across areas including education, health, arts, and social services, primarily serving Mahoning and Trumbull counties in Ohio. Its typical giving level isn’t stated; it does offer emergency grants of up to $5,000 and a matching-grant program valued at $5,000. It welcomes applications from eligible local 501(c)(3) charities.
Assets
$152.5M
Grants
1
Total Given
$4.8M
Community Foundation of the Mahoning Valley
Youngstown, OH
The Community Foundation of the Mahoning Valley funds nonprofit, school, religious, and government work in health, education, economic development, human services, and cultural, historical, and environmental activities, with a focus on Mahoning and Trumbull Counties, Ohio. In 2024, grants ranged from $5,125 to $317,215, with a median award of $15,000. It accepts grant applications through its online portal; the profile does not state whether unsolicited requests are accepted.
Assets
$50.1M
Grants
133
Total Given
$3.6M
The Raymond John Wean Foundation
Warren, OH
The Raymond John Wean Foundation funds resident-centered community revitalization, economic and educational opportunity, civic leadership, and organizational capacity in Warren and Youngstown, Ohio, and the Mahoning Valley. Grants range from $500 to $665,000; its 2024 median grant was $5,000, with Community Investment Grants starting at $5,000 and Resident Engagement Grants ranging from $500 to $5,000. The foundation says applicants should first contact it about Community Investment Grants; it does not state whether it accepts unsolicited requests.
Assets
$91.8M
Grants
94
Total Given
$2.7M
Fibushendricks Family Foundation
Niles, OH
The Fibushendricks Family Foundation supports a range of charitable organizations, including health and research, community and human services, education, and Jewish organizations. Its 2025 grants ranged from $1,000 to $175,000, with a median of $22,500, and most funding went to Ohio, followed by Maryland, Pennsylvania, New York, and Florida. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$24.6M
Grants
30
Total Given
$1.3M
The Wm M & a Cafaro Family Foundation
Niles, OH
Assets
$23.3M
Grants
377
Total Given
$1.7M
More similar funders
More Funders in Ohio
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Valley Economic Development Partners Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Valley Economic Development Partners Inc down — hundreds of funders to go?