2024-07-15T10:52:21-05:00 2022-12-31 453941203 DELUZIO & COMPANY LLP 351 HARVEY AVENUE SUITE A GREENSBURG PA 15601 990 2022-01-01 251154706 MON VALLEY ALLIANCE FOUNDATION MONV 7245655641 235 W MAIN STREET MONONGAHELA PA 15063 JAMIE COLECCHI CEO 7245655636 2024-07-10 1 JAMIE COLECCHI 999009999 1 LISA M ALTSCHAFFL CPA P01745178 7248388322 2024-07-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X JAMIE COLECCHI 235 W MAIN STREET MONONGAHELA PA 15063 1122662 0 X WWW.MONVALLEYALLIANCE.ORG X 1965 PA TO PROMOTE AND MARKET ECONOMIC DEVELOPMENT AND JOB CREATION IN THE MID MON VALLEY COMMUNITIES. OUR HISTORICAL LONGER-RANGE INITIATIVES OF PROMOTING TRANSPORTATION AND INDUSTRIAL PARK INFRASTRUCTURE WILL BE LEVERAGED THROUGH PUBLIC AND PRIVATE INVESTMENT AND INNOVATIVE STRATEGIC AND MASTER PLANNING ON TANGIBLE NEAR TERM PROJECTS INTENDED TO MEANINGFULLY IMPACT JOB GROWTH. THE RESULTS OF OUR ACTIVITIES ARE EXPECTED TO PRODUCE COMPLIMENTARY IMPROVEMENTS TO HOUSING, RETAIL AND RECREATIONAL ASSETS IN OUR GEOGRAPHICAL FRINGE COMMUNITIES AND BE COLLABORATIVE, SUPPORTIVE AND ACCRETIVE TO OTHER AGENCIES EFFORTS AND INCREASE THEIR ABILITY TO SUCCEED IN THEIR RESPECTIVE MISSIONS. 13 13 5 0 0 0 405898 280238 600 0 5057 73494 169280 155024 580835 508756 19634 7130 0 0 342028 291026 0 0 3355 176024 68091 537686 366247 43149 142509 1480333 1585553 25165 9901 1455168 1575652 X TO PROMOTE AND MARKET ECONOMIC DEVELOPMENT AND JOB CREATION IN THE MID MON VALLEY COMMUNITIES. OUR HISTORICAL LONGER-RANGE INITIATIVES OF PROMOTING TRANSPORTATION AND INDUSTRIAL PARK INFRASTRUCTURE WILL BE LEVERAGED THROUGH PUBLIC AND PRIVATE INVESTMENT AND INNOVATIVE STRATEGIC AND MASTER PLANNING ON TANGIBLE NEAR TERM PROJECTS INTENDED TO MEANINGFULLY IMPACT JOB GROWTH. THE RESULTS OF OUR ACTIVITIES ARE EXPECTED TO PRODUCE COMPLIMENTARY IMPROVEMENTS TO HOUSING, RETAIL AND RECREATIONAL ASSETS IN OUR GEOGRAPHICAL FRINGE COMMUNITIES AND BE COLLABORATIVE, SUPPORTIVE AND ACCRETIVE TO OTHER AGENCIES EFFORTS AND INCREASE THEIR ABILITY TO SUCCEED IN THEIR RESPECTIVE MISSIONS. 0 0 292719 7130 198638 TO PROMOTE ECONOMIC DEVELOPMENT AND IMPROVE THE BUSINESS ATMOSPHERE IN THE MON VALLEY REGION OF SOUTHWESTERN PENNSYLVANIA. 292719 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 11 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X X JAMIE COLECCHI CEO 7245655636 235 W MAIN STREET MONONGAHELA PA 15063 JOHN R EASOZ EX-OFFICIO 4.00 4.00 X X 0 0 0 JOHN LACARTE VICE CHAIRMAN 1.00 1.00 X X 0 0 0 MICHAEL THORNTON TREASURER 2.00 2.00 X X 0 0 0 RANDY PATTERSON SECRETARY 3.00 3.00 X X 0 0 0 ANTHONY MAURO EXECUTIVE MEMBER 1.00 1.00 X 0 0 0 EDWARD MENDOLA EXECUTIVE MEMBER 1.00 1.00 X 0 0 0 LOUIS PANZA EXECUTIVE MEMBER (RESIGNED 10/25/22) 1.00 1.00 X 0 0 0 LOUIS A QUARTO EXECUTIVE MEMBER 1.00 1.00 X 0 0 0 GINA C LYNN EXECUTIVE MEMBER 1.00 1.00 X 0 0 0 TANYA CHANEY EXECUTIVE MEMBER 1.00 1.00 X 0 0 0 CLAUDIA WILLIAMS EXECUTIVE MEMBER (RESIGNED 6/27/2022) 1.00 1.00 X 0 0 0 WILL THOMEIER JR CHAIRMAN 4.00 4.00 X X 0 0 0 JEREMY WALLACE EXECUTIVE MEMBER 1.00 1.00 X 0 0 0 TODD PAPPASERGI EXECUTIVE MEMBER 1.00 1.00 X 0 0 0 JEFF JONES EXECUTIVE MEMBER 1.00 1.00 X 0 0 0 BEN BROWN CEO (1/1/22 - 4/30/22) 20.00 20.00 X 37218 0 9605 JAMIE COLECCHI CEO (EFFECTIVE 5/1/22) 20.00 20.00 X 86165 0 7764 123383 0 17369 0 0 0 0 0 15725 264513 280238 32591 32591 671 671 5994 26009 -20015 -20015 -20015 25000 600000 25000 559097 0 40903 40903 40903 418 3800 -3382 -3382 MANAGEMENT INCOME 561000 177750 177750 177750 508756 198638 0 29880 7130 7130 140752 111194 28150 1408 108775 85932 21755 1088 20905 16515 4181 209 20594 16269 4119 206 1904 1504 381 19 3167 2502 665 12491 9868 2498 125 1888 1492 396 4497 3553 899 45 7403 5848 1481 74 14114 11150 2823 141 1234 975 247 12 1743 1377 349 17 PROJECT COSTS 13918 13894 24 MISCELLANEOUS EXPENSE 3030 2425 594 11 REPAIRS AND MAINTENANCE 1381 1091 290 DUES & SUBSCRIPTIONS 1321 1321 366247 292719 70173 3355 32564 37127 271495 50028 120809 706327 2519 30 287608 6796 908817 280812 180617 133867 230444 110430 1480333 1585553 15132 9901 10033 0 25165 9901 X 1455168 1345652 230000 1455168 1575652 1480333 1585553 142509 -22025 0 X X 0 1 X 1 0 X 71039 51932 57599 405897 280238 866705 71039 51932 57599 405897 280238 866705 866705 59317 74413 79244 77274 39255 329503 600 600 600 1800 1198008 0.72350 0.65960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 14280 14280 273328 6796 266532 280812 DUE FROM MON VALLEY ALLIANCE 109829 SECURITY DEPOSITS 601 110430 X PART X, LINE 2: THE ORGANIZATION EVALUATED THEIR TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. CURRENTLY, THE 2021, 2020, AND 2019 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. IF INTEREST AND PENALTIES WERE RECORDED, THEY WOULD BE INCLUDED IN INCOME TAX EXPENSE. AS OF DECEMBER 31, 2022 NO INTEREST OR PENALTIES HAVE BEEN RECORDED. BASED ON THE EVALUATION OF THE ORGANIZATION'S TAX POSITIONS AND ELECTIONS, MANAGEMENT BELIEVES ALL TAX POSITIONS TAKEN AND ELECTIONS MADE WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN INCOME TAX POSITIONS OR ELECTIONS HAS BEEN RECORDED AS OF DECEMBER 31, 2022. FORM 990, PART VI, SECTION A, LINE 6 MON VALLEY ALLIANCE IS THE SOLE MEMBER OF MON VALLEY ALLIANCE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER OF MON VALLEY ALLIANCE FOUNDATION, MON VALLEY ALLIANCE, ELECTS THE BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER OF MON VALLEY ALLIANCE FOUNDATION, MON VALLEY ALLIANCE, RESERVES POWERS OF GOVERNANCE AS STATED IN THE BYLAWS OF THE FILING ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS WAS PRESENTED WITH A DRAFT OF FORM 990 FOR REVIEW AND THEN SUBSEQUENTLY GAVE THEIR FINAL APPROVAL FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST FORM ANNUALLY. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION THROUGH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL PROVIDE ITS FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS PROCESS FOR OVERSIGHT OF THE AUDIT OR SELECTION OF THE AUDITOR DURING THE YEAR. FORM 990, PAGE 1, LINE B WHEN FORM 990 FOR THE 2022 TAX YEAR WAS FILED FOR THE ORGANIZATION, THE FINANCIAL STATEMENT AUDIT WAS NOT COMPLETED. ALL THE CHANGES IN THE AMENDED RETURN ARE DUE TO RECLASSIFICATIONS AND ADJUSTMENTS MADE DURING THE AUDIT OF THE FINANCIAL STATEMENTS. FORM 990 PART III: LINE 4A, EXPENSES DECREASED $1,563. LINE 4A, REVENUE DECREASED $6,796 FORM 990 PART IV: LINE 11B WAS MARKED NO FORM 990 PART VI: LINE 6 AND 7A EXPLANATIONS WERE UPDATED ON SCHEDULE O. LINE 7B WAS MARKED YES AND A SCHEDULE O EXPLANATION WAS ADDED. FORM 990 PART VII: TODD PAPPASERGI AND JEFF JONES WERE ADDED TO THE BOARD AS EXECUTIVE MEMBERS FORM 990 PART VIII: GOVERNMENT GRANTS DECREASED $33,000. ALL OTHER CONTRIBUTIONS INCREASED $263,000. RENTAL EXPENSES INCREASED $6,796. LINE 7A(I) INCREASED $25,000. LINE 7B(I) INCREASED $25,000 FORM 990 PART IX: OTHER EMPLOYEE BENEFITS DECREASED $1,979. FORM 990 PART X: LINE 1 INCREASED $32,564. LINE 2 DECREASED $32,564. LINE 11 INCREASED $133,868. LINE 12 DECREASED $133,868. ACCOUNTS RECEIVABLE INCREASED $50,000. ACCUMULATED DEPRECIATION INCREASED $6,796. INVESTMENTS DECREASED $1. ACCOUNTS PAYABLE DECREASED $1,980. LINE 19 DECREASED $180,000. NET ASSETS WITHOUT DONOR RESTRICTIONS DECREASED $4,817. NET ASSETS WITH DONOR RESTRICTIONS INCREASED $230,000. FORM 990 PART XI: TOTAL REVENUE INCREASED $223,204. TOTAL EXPENSES DECREASED $1,979. NET ASSETS OR FUND BALANCES AT THE END OF THE YEAR INCREASED $225,183. FORM 990 PART XII: LINE 2B WAS MARKED YES AND THE BOX FOR CONSOLIDATED BASIS WAS CHECKED. LINE 2C WAS MARKED YES. SCHEDULE A PART II: LINE 1 INCREASED $230,000. SCHEDULE B: CONTRIBUTORS UPMC HEALTH PLAN, LACARTE ENTERPRISES, KEY BANK, AND FOURTH STREET BARBECUE WERE ADDED. SCHEDULE D PART VI: ACCUMULATED DEPRECIATION INCREASED $6,796. SCHEDULE D PART VII: MUTUAL FUNDS DECREASED $1. SCHEDULE R PART V: LINE 1O WAS MARKED NO. LINE 1L WAS MARKED YES. SCHEDULE O: AN EXPLANATION FOR FORM 990, PART XII, LINE 2C WAS ADDED. MON VALLEY ALLIANCE 235 W MAIN STREET MONONGAHELA PA 15063 256079920 TO PROMOTE INDUSTRIAL AND COMMERCIAL BUSINESS IN THE MON VALLEY REGION PA 501(C)(6) 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 MON VALLEY ALLIANCE P 26008 COST MON VALLEY ALLIANCE L 191750 COST