Valley Opportunity Council Inc
- Assets
- $22.9m
- Revenue
- $49.6m
- Investments
- $0.0
- Employees
- 321
- Location
- Chicopee, MA
- Founding
- 08/1980
- Data as of
- 06/2022
- EIN
- 04-2692763
Organization Overview
Valley Opportunity Council Inc is located in Chicopee, MA. The organization was established in 1980. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2022, Valley Opportunity Council Inc employed 321 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Opportunity Council Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Valley Opportunity Council Inc generated $49.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $46.9m during the year ending 06/2022. While expenses have increased by 7.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FEDERALLY DESIGNATED COMMUNITY ACTION AGENCY
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOC BROKERS THE FUEL ASSISTANCE FUNDS TO ELIGIBLE FAMILIES IN ALLOF HAMPDEN COUNTY EXCLUDING SPRINGFIELD.
VOC OPERATES SIX CHILD CARE CENTERS IN HOLYOKE AND CHICOPEE. OURGOAL IS TO ASSIST PARENTS WHO ARE WORKING, IN TRAINING LEADING TOEMPLOYMENT, OR HAVE OTHER SPECIAL NEEDS. WE PROVIDE A COMPLETEEDUCATION PROGRAM, MEALS, AND OPPORTUNITIES FOR PARENTINVOLVEMENT.
VOC'S WOMEN, INFANTS, AND CHILDREN (WIC) PROGRAM PROVIDESINFORMATION AND VOUCHERS FOR FREE HEALTHY FOODS TO ELIGIBLEFAMILIES. WHEN APPROPRIATE, WIC ASSISTS PARTICIPANTS TO MAKENUTRITION CHANGES IN A MANNER THAT WILL RESULT IN IMPROVED HEALTHFOR THE ENTIRE FAMILY.
VOC IS A COMMUNITY ACTION ORGANIZATION PROVIDING PROGRAMS FOR THE ELDERLY AND CHILDREN INCLUDING HEALTH AND EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Huntley Executive Director | Officer | 40 | $164,829 |
Alexander Jansen Director Of Operations | 40 | $101,971 | |
Jacqueline Santos Fiscal Director | 40 | $100,439 | |
Kenneth Parson President | OfficerTrustee | 1 | $0 |
Greg Schwartz Vice President | OfficerTrustee | 1 | $0 |
Ana Rodriguez Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kaeble Oil Heartwap/repair Services | 6/29/22 | $225,255 |
Central Oil Heartwap/repair Services | 6/29/22 | $148,228 |
Thomas Fregeau Heartwap/repair Services | 6/29/22 | $145,378 |
David Roman Mainenance And Repairs | 6/29/22 | $109,716 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,691,648 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,634 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,716,282 |
| Total Program Service Revenue | $47,392,513 |
| Investment income | $33,416 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $49,579,644 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $172,612 |
| Compensation of current officers, directors, key employees. | $86,306 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,604,526 |
| Pension plan accruals and contributions | $187,843 |
| Other employee benefits | $1,276,652 |
| Payroll taxes | $931,139 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $68,231 |
| Fees for services: Accounting | $53,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $414,821 |
| Advertising and promotion | $0 |
| Office expenses | $946,281 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,358,979 |
| Travel | $1,545,503 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $154,787 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $579,826 |
| Insurance | $155,163 |
| All other expenses | $92,137 |
| Total functional expenses | $46,933,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20 |
| Savings and temporary cash investments | $7,151,934 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,955,518 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $509,190 |
| Net Land, buildings, and equipment | $12,125,759 |
| Investments—publicly traded securities | $48,981 |
| Investments—other securities | $0 |
| Investments—program-related | $2,000 |
| Intangible assets | $0 |
| Other assets | $57,557 |
| Total assets | $22,850,959 |
| Accounts payable and accrued expenses | $1,747,776 |
| Grants payable | $0 |
| Deferred revenue | $3,086,933 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $6,490,106 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,324,815 |
| Net assets without donor restrictions | $11,526,144 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $22,850,959 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Valley Opportunity Council Inc has recieved totaling $484,114.
| Awarding Organization | Amount |
|---|---|
Masshire Hampden County Workforce Board Inc Springfield, MA PURPOSE: EDUCATION & TRAINING | $369,114 |
Community Foundation Of Western Massachusetts Springfield, MA PURPOSE: HUMAN SERVICES | $113,000 |
Rifkind Family Foundation St Louis, MO PURPOSE: GENERAL OPERATING SUPPORT | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rising Ground Inc Brooklyn, NY | $83,365,345 | $129,310,965 |
Dalio Family Fund Inc Westport, CT | $3,471,122,443 | $134,784,215 |
Catholic Charities Neighborhood Services Inc Brooklyn, NY | $32,235,600 | $116,003,581 |
Good Shepherd Services New York, NY | $154,839,651 | $104,443,778 |
Selfhelp Community Services Inc New York, NY | $84,510,412 | $100,626,590 |
Heart Share Human Services Of New York Brooklyn, NY | $135,027,359 | $103,566,344 |
South Middlesex Opportunity Council Inc Framingham, MA | $58,219,671 | $100,623,342 |
Bronxworks Inc Bronx, NY | $54,602,777 | $94,783,683 |
Sheltering Arms Children And Family Services Inc New York, NY | $61,235,788 | $88,686,017 |
North Shore Community Services Inc Westbury, NY | $256,637,537 | $86,285,675 |
Catholic Charities Of The Diocese Of Rochester Rochester, NY | $80,143,075 | $94,807,036 |
Community Assistance Resources & Extended Services Inc New York, NY | $66,076,171 | $123,796,849 |