MANHATTAN VALLEY DEVELOPMENT CORPORATION
To provide neighborhood planning, preservation, and development in Manhattan Valley by developing, preserving and managing affordable, safe housing and by offering housing-related services that support neighborhood stability and diversity.
About MANHATTAN VALLEY DEVELOPMENT CORPORATION
Manhattan Valley Development Corporation (MVDC) is a community-based 501(c)(3) nonprofit founded in 1968 that focuses on preserving and developing affordable housing and neighborhood services on Manhattan’s Upper West Side (Manhattan Valley). MVDC operates as a property manager and developer for a portfolio of community housing and provides housing counseling and social-support services to residents. MVDC manages a large, long-standing affordable housing portfolio in the neighborhood and partners with city agencies and community organizations on neighborhood planning and preservation efforts. The organization has filed annual Form 990s through recent fiscal years, indicating ongoing program activity, property management operations, and community services.
Notable achievements
Decades of affordable-housing development
Since its founding in 1968 MVDC has played a central role in neighborhood recovery and affordability efforts; historically it has rehabilitated and developed over 1,200 housing units and, in recent years, managed several hundred units across dozens of buildings serving thousands of residents.
Sustained property-management portfolio
MVDC currently oversees an established portfolio of residential buildings in Manhattan Valley (hundreds of apartments across multiple buildings) and continues to operate and report program-service revenue on its annual Form 990 filings.
Longstanding community milestone
Marked 50 years of continuous service to the Manhattan Valley neighborhood (anniversary milestone reflecting sustained local impact and community leadership).
At a glance
- Total assets
- $1.6M
- Annual revenue
- $403K
- Tax status
- 501(c)(3)Public charity
- EIN
- 13-2628511
- Location
- New York, NY
- Website
- www.mvdc.org
- On Mahalo since
- May 2026
Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.
Recognition
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