Valley Land Fund Inc is located in Mcallen, TX. The organization was established in 1988. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Land Fund 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 09/2023, Valley Land Fund Inc generated $756.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $156.4k during the year ending 09/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CONSERVATION OF NATIVE HABITAT IN THE RIO GRANDE VALLEY OF TEXAS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF NATURE CONSERVATION THROUGH STEWARDSHIP OF CONSERVED PROPERTIES, PARTICIPATION IN ENVIRONMENTAL PARTNERSHIPS, PUBLICATION OF EDUCATIONAL MATERIALS, AND SPONSORSHIP OF NATURE PHOTOGRAPHY CONTEST.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jesse Barba Jr President | OfficerTrustee | 1 | $0 |
Eugene Vaughan Secretary | OfficerTrustee | 1 | $0 |
Dennis Burleson Treasurer | OfficerTrustee | 1 | $0 |
Bryan Duffy Vice President | OfficerTrustee | 1 | $0 |
Bruce Kroeker Director | Trustee | 1 | $0 |
Victor Rodriguez Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $686,268 |
All other contributions, gifts, grants, and similar amounts not included above | $8,445 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $694,713 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $3,000 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $17,142 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $2,903 |
Miscellaneous Revenue | $0 |
Total Revenue | $755,994 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $62,500 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $8,430 |
Payroll taxes | $6,198 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,318 |
Office expenses | $2,231 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $13,625 |
Travel | $2,600 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,207 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $553 |
Insurance | $4,440 |
All other expenses | $2,865 |
Total functional expenses | $156,363 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $79,241 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $143,297 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $2,658,318 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,551,144 |
Total assets | $4,432,000 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $26,000 |
Total liabilities | $26,000 |
Net assets without donor restrictions | $1,248,309 |
Net assets with donor restrictions | $3,157,691 |
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 | $4,432,000 |