November 19, 2017
 
John Valverde Succeeds Long-Time CEO at YouthBuild

John Valverde
January 5, 2017 — YouthBuild USA, a Somerville-based nonprofit that engages out-of-school, unemployed, and often undereducated young people to build affordable housing in their communities, last week announced the appointment of John B. Valverde as its chief executive officer.

Valverde succeeds Dorothy Stoneman, who founded YouthBuild USA 38 years ago.

Valverde will oversee a global network that spans 260 programs in 45 states and 80 programs in 21 countries.

Prior to joining YouthBuild, Valverde was with The Osborne Association in New York for nearly 10 years, serving in a variety of positions, including director of workforce development and business manager.

He earned a Bachelor of Science degree in behavioral science from Mercy College and a master's degree in professional Studies from New York Theological Seminary

For the year ending Dec. 31, 2014, YouthBuild USA reported $28.3 million in revenue, of which $27.6 million came from contributions and grants, and $29.5 million in expenses, according to its most recently available federal tax filing.

Stoneman, who stepped down as CEO at the end of last month, reflecting on the past 38 years, in an interview published in The New York Times said, “The whole program was designed as a transformational experience for an oppressed young person. The fact that we’ve been able to spread it to hundreds of places, that in itself is a great achievement.”

After graduating from Harvard University, Stoneman "settled in East Harlem and was working as a teacher when she began organizing young people who told her that they wanted to claim and rebuild abandoned buildings," according to The Times, with the first building taking five years to complete.

In 1992 YouthBuild USA worked with legislators to get a bill passed that authorized YouthBuild as a federal program under the management of the U.S. Department of Housing and Urban Development (HUD). In 2006, YouthBuild was transferred from HUD to the US Department of Labor (DOL) by unanimous vote of Congress.

Each year about 10,000 low-income young people who have left high school without a diploma enroll full-time in YouthBuild programs for about 10 months. They spend at least 50% of their time in academic classrooms, and at least 40% in hands-on job training building affordable housing or other community assets. Strong emphasis is placed on creating a safe and caring community of adults and peers committed to each other’s success.

YouthBuild reportedly has served about 160,000 young people, primarily between the ages of 16 and 24, since its founding, with about 77% of participants recently earning high school or vocational credentials.

For the year ending Dec. 31, 2014, YouthBuild USA reported $28.3 million in revenue, of which $27.6 million came from contributions and grants, and $29.5 million in expenses, according to its most recently available federal tax filing.

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