Valley Initiative for Affordable Housing

MERCED, CA EIN: 51-0487297

Valley Initiative for Affordable Housing is a private foundation focused on Housing & Shelter, based in MERCED, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $554K in total assets. Net investment income was $18K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$554K

+8.6% YoY

Revenue

$88K

+43.9% YoY

Net Investment Income

$18K

+201.3% YoY

Expenses

$60K

+155.9% YoY

Under IRS private-foundation payout rules, Valley Initiative for Affordable Housing reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.

About Valley Initiative for Affordable Housing

Based on IRS filings

Valley Initiative for Affordable Housing is a private foundation focused on Housing & Shelter, based in MERCED, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $554K in total assets. Net investment income was $18K.

Focus Areas

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$27K$54K$82K$109K20202021202220232024
Metric202420232022
Total Assets$554,145$510,301$472,849
Revenue$87,688$60,942$68,091
Expenses$60,108$23,490$20,363
Qualifying Distributions
Net Investment Income$18,331$6,084$18,175
Distributable Amount$13,573$12,723$10,457

Giving Over Time

Total grant dollars and number of grants per year

$0$0.25$0.5$0.75$10 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

0 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DOROTHY KNOXSECRETARY$11K

From 2024 filing

NameTitleHoursCompensation
ANN MACDONALDTREASURER
DOROTHY KNOXSECRETARY10$10,792
MICHELLE MINENIPRESIDENT
KIRK KANOVICE PRESIDENT
JILL CUNNINGHAMDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Valley Initiative for Affordable Housing?

Valley Initiative for Affordable Housing is a nonprofit organization focused on Housing & Shelter, based in MERCED, CA. It holds $554K in total assets as of 2024.

How large is Valley Initiative for Affordable Housing?

As of 2024, Valley Initiative for Affordable Housing holds $554K in total assets with $88K in annual revenue.

How much is Valley Initiative for Affordable Housing required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Valley Initiative for Affordable Housing reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Valley Initiative for Affordable Housing's EIN?

Valley Initiative for Affordable Housing's EIN (Employer Identification Number) is 51-0487297. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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