VALLEY DEVELOPMENT INITIATIVES
EIN 93-1138243 · Homeowners & Tenants Associations (L50)
What they do
THE PRINCIPAL PURPOSE of THIS CORPORATION SHALL BE to ACT AS AN INTERMEDIARY BORROWER/RELENDER WITHIN THE SCOPE of CERTAIN "INTERMEDIARY RELENDING PROGRAMS" ESTABLISHED BY THE U.S. DEPARTMENT of AGRICULTURE, RURAL DEVELOPMENT, and THE U.S. SMALL BUSINESS ADMINISTRATION; AS A LENDER of OTHER PUBLIC FUNDS SUCH AS THOSE MADE AVAILABLE UNDER THE RURAL BUSINESS ENTERPRISE GRANT PROGRAM ESTABLISHED BY RURAL DEVELOPMENT and FUNDS THAT MAY BE DERIVED FROM OTHER PUBLIC AGENCIES to ACCOMPLISH SIMILAR GOALS, and PROVIDE AFFORDABLE HOUSING THAT is DECENT, SAFE, and SANITARY for LOW-INCOME FAMILIES, to CARRY OUT A NEIGHBORHOOD REVITALIZATION or COMMUNITY ECONOMIC DEVELOPMENT, and to CONTRACT WITH AN APPROPRIATE POLITICAL SUBDIVISION ("A PUBLIC BODY" AS DEFINED IN ORS 30.620) of THE STATE of OREGON to ADMINISTER SUCH PROGRAM IN THE NAME of THIS CORPORATION.
Financial picture
About this charity
- Recognized since
- January 1995
- Location
- 100 HIGH STREET SE 200, SALEM, OR 97301
- County
- Marion
- In care of
- DERIK MUNNS
- Primary officer
- DERIK MUNNS, PRESIDENT
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- July 1, 2024
- Return type
- 990
- Tax preparer
- REDW LLC
- NTEE classification
- Homeowners & Tenants Associations (L50)
- IRS tax category
- Homeowners & Tenants Associations
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 04
- Affiliation
- 3
- Classification
- 1000
- Deductibility
- 2
- Activity
- 400000000
- Organization
- 1