VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT

VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT

Mercedes, TX, US
501(c)(3)
EIN
74-2768931

VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT

Mercedes, TX, US
501(c)(3)
EIN
74-2768931

Overview

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Est.

1995

Fiscal Year Start

Oct 1

Organization Type

Grantseeker
AI Summary
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The Valley Initiative for Development and Advancement (EIN: 74-2768931) is a nonprofit organization dedicated to job training assistance and neighborhood associations. With an operating budget of $3.6 million and total revenue of $3.8 million for the 2024 filing year, the organization is supported by multiple funders, none of which contribute 50% or more of its revenue. More information can be found on their website at www.vidacareers.org.

Mission Statement

JOB TRAINING ASSISTANCE
Revenues

$3.8M

Expenses

$3.6M

Net Income:
+$276.5K
Assets

$2.3M

Liabilities

$756.1K

Net Assets:
+$1.5M
Operating Budget

$3.6M

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

9

Median grant size
$100K
Largest grant received
$250K
F
Felida Villarreal
Board Member
D
David Oliveira
Board Member
L
Leslie Bingham
Board Member

Frequently Asked Questions

What is VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT’s budget?
In 2024, VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT reported an annual operating budget of around $3.6 million. More detailed financial information is available to registered users.
What causes does VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT support?
VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT supports work in Job training and Neighborhood associations.
Where does VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT operate?
VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT is headquartered in Mercedes, TX.
Who funded VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT recently?
In 2024, VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT received grants from GREATER BROWNSVILLE INCENTIVE CORP, Ascendium Education Solutions Inc, and THE HAROLD W SIEBENS CHARITABLE FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT received in 2024?
The largest grant to VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT in 2024 exceeds $250 thousand.
What is VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT’s reliance on government grants?
VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT relied on government grants for more than 90% of their total revenue in 2024.
Overview
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