Colonias Del Valle Inc is located in Mcallen, TX. The organization was established in 1968. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colonias Del Valle 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 09/2022, Colonias Del Valle Inc generated $49.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $34.1k during the year ending 09/2022. 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
PROVIDING A HOUSE TO 7 LOW INCOME INDIVIDUALS USINGSTATE OF TEXAS LOW INCOME GUIDELINES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ruben Saenz President | 0.5 | $0 | |
Sara Huera Sec/treasuer | 0.25 | $0 | |
Jose Herrera Vice President | 0.25 | $0 | |
Aida Honzalez Executive Director | 20 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $49,915 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $49,915 |
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 | $7,417 |
Occupancy, rent, utilities, and maintenance | $3,700 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $22,973 |
Total expenses | $34,090 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $37,060 |
Other assets | $0 |
Total assets | $240,960 |
Total liabilities | $0 |
Net assets or fund balances | $240,960 |
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