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VALLEY RESTORATION LOCAL DEVELOPMENT CORPORATION

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Public IRS 990 nonprofit record

VALLEY RESTORATION LOCAL DEVELOPMENT CORPORATION

EIN 13-3008492 · Small Business Development (S43)

What they do

ACHIEVEMENTS, CURRENT PROGRAMS and FUTURE GOALS NEW YORK INTERNATIONAL AMERICAN YOUTH HOSTEL VRLDC is Proud of Its Role In The Preservation of A Building On The National Register of Historic Places and A Designated NYC Landmark. This Building Was Designed By One of Our Countrys Eminent Architects, Richard Morris Hunt, Who Designed The Pedestal of The Statue of Liberty and The Facade of The Great Hall of The Metropolitan Museum of Art. This Building, Through The Efforts of VRLDC, On Amsterdam Avenue Between 103rd and 104th Streets Was Saved From Demolition and Converted Into The NY International American Youth Hotel. This Building is Now A Hotel That Accommodates 600 Guests. This Building Has Created Jobs and Increased Business In The Surrounding Area. With The Development Budget In Excess of 14 Million This Project Was Financed With A Combination of Public and Private Resources Including Bonds, Tax Credits and Government and Private Loans. COLUMBUS AMSTERDAM BUSINESS IMPROVEMENT DISTRI

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders3 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

18.00%of revenue went to mission work100.0% of expenses · Program services
$12.45in assets for every $1 spent this yearSome assets cannot be spent right away.

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  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,500
Mission workProgram services$45018.00% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$2,05082.00% of revenueShown in gray on the chart
Total expenses$45018.00% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2018CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 18.00% of revenue
2016Expense mix: 47.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 96.10% of revenue

Money in and money out

Expenses$2,600

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$450 · 17.3% of expenses
See all reported dollar amounts
Expenses$2,600
Assets$32,380
Income$12,049
Contributions$12,049
Mission work (program services)$450
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (3)

DANIEL MARKS COHENPRINCIPAL OFFICER

DANIEL MARKS COHENPRINCIPAL OFFICER

GENORA JOHNSONTREASURER

About this charity

Recognized since
January 1980
Location
PO BOX 645, NEW YORK, NY 10025-0645
County
New York
In care of
Daniel Cohen
Primary officer
Daniel Cohen, President

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990EZ
NTEE classification
Small Business Development (S43)
IRS tax category
Small Business Development

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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