Overview

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Est.

2018

Fiscal Year Start

Sep 1

Organization Type

Grantseeker

AI Summary

AGAPE LAS PALMAS INC is a nonprofit organization focused on business promotion, dedicated to providing low-income housing to individuals and families through a 50-unit apartment project located in McAllen, Texas. With an operating budget of $1.1 million and total revenue of $672.8K for the filing year 2025, the organization has a significant financial scale, although it relies on an unknown top funder that contributes $14.8 million, indicating potential dependence on a single funding source.

Mission Statement

PROVIDE LOW-INCOME HOUSING TO INDIVIDUALS AND FAMILIES AT AN APARTMENT PROJECT CONSISTING OF 50 UNITS LOCATED IN MCALLEN, TEXAS.
Revenues
$672.8K
Expenses
$1.1M
Net Income:
-$425.1K
Assets
$3.8M
Liabilities
$3.6M
Net Assets:
+$259.9K
Operating Budget
$1.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$76.7K
Largest grant received
$76.7K
S
Sherry Mitchell
Board Member
D
David Starr
Board Member
D
Dorthy Winfield
Board Member

Frequently Asked Questions

What is AGAPE LAS PALMAS INC’s budget?
In 2025, AGAPE LAS PALMAS INC reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
What causes does AGAPE LAS PALMAS INC support?
AGAPE LAS PALMAS INC supports work in Business promotion.
Where does AGAPE LAS PALMAS INC operate?
AGAPE LAS PALMAS INC is headquartered in San Antonio, TX.
Who funded AGAPE LAS PALMAS INC recently?
In 2024, AGAPE LAS PALMAS INC received grants from AMERICAN AGAPE FOUNDATION INC, AMERICAN AGAPE FOUNDATION INC, and AMERICAN AGAPE FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant AGAPE LAS PALMAS INC received in 2024?
The largest grant to AGAPE LAS PALMAS INC in 2024 exceeds $77 thousand.