Valhalla Inc
- Assets
- $390.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edinburg, TX
- Founding
- Data as of
- 12/2022
- EIN
- 74-2742534
Organization Overview
Valhalla Inc is located in Edinburg, TX. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valhalla 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 12/2022, Valhalla Inc generated $109.9k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $101.6k during the year ending 12/2022. While expenses have increased by 6.6% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THIS CORPORATION IS ORGANIZED EXCLUSIVELY FOR OWNERSHIP AND OPERATION OF THE COMMON ELEMENTS AT VALHALLA MOBILE PARK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Linn Chairman | 1 | $0 | |
Felipe Farias Vice Chairman | 1 | $0 | |
Sondra Bagot Secretary/ Treasure | 1 | $0 | |
Cathy Garza Board Member | 1 | $0 | |
Keith Johnson Board Member | 1 | $0 | |
Larry Odegaard Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $109,863 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $109,863 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $20,697 |
| Occupancy, rent, utilities, and maintenance | $76,962 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,899 |
| Total expenses | $101,558 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,408 |
| Other assets | $0 |
| Total assets | $390,581 |
| Total liabilities | $96,888 |
| Net assets or fund balances | $293,693 |