Logo for "AMIGOS DEL VALLE INC"

AMIGOS DEL VALLE INC

AMIGOS DEL VALLE INC

Edinburg, TX, US
501(c)(3)
EIN
74-1815988
Logo for "AMIGOS DEL VALLE INC"

AMIGOS DEL VALLE INC

Edinburg, TX, US
501(c)(3)
EIN
74-1815988

Overview

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Est.

1974

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

AMIGOS DEL VALLE INC is a nonprofit organization dedicated to providing affordable retirement housing for the elderly and disabled with very low incomes through a 172-unit apartment project. Operated under Section 202 of the National Housing Act of 1959 and regulated by the U.S. Department of Housing and Urban Development, the organization has an operating budget of $7.3 million and total revenue of $7.6 million for the 2024 filing year. With no single funder contributing 50% or more of its revenue, AMIGOS DEL VALLE INC continues to support its mission of enhancing the quality of life for vulnerable populations, as detailed on their website, ADVRGV.ORG.

Mission Statement

THIS IS A NON PROFIT ORGANIZATION WITH A 172 UNIT APARTMENT PROJECT FOR THE ELDERLY AND DISABLED WITH VERY LOW INCOME. IT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959 AND IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
Revenues

$7.6M

Expenses

$7.3M

Net Income:
+$257.5K
Assets

$7.9M

Liabilities

$3.5M

Net Assets:
+$4.4M
Operating Budget

$7.3M

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

2

Median grant size
$20K
Largest grant received
$20K
A
Alex Guerra
Board Member
J
Joe Martinez
Board Member
F
Frank Morales
Board Member

Frequently Asked Questions

What is AMIGOS DEL VALLE INC’s budget?
In 2024, AMIGOS DEL VALLE INC reported an annual operating budget of around $7.3 million. More detailed financial information is available to registered users.
What causes does AMIGOS DEL VALLE INC support?
AMIGOS DEL VALLE INC supports work in Retirement housing.
Where does AMIGOS DEL VALLE INC operate?
AMIGOS DEL VALLE INC is headquartered in Edinburg, TX.
Who funded AMIGOS DEL VALLE INC recently?
In 2024, AMIGOS DEL VALLE INC received grants from Wellmed Charitable Foundation, RAMAPO TRUST, and Wellmed Charitable Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant AMIGOS DEL VALLE INC received in 2024?
The largest grant to AMIGOS DEL VALLE INC in 2024 exceeds $20 thousand.
What is AMIGOS DEL VALLE INC’s reliance on government grants?
AMIGOS DEL VALLE INC relied on government grants for more than 90% of their total revenue in 2024.
Overview
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