Nonprofit · EIN 74-1622533
THE APARTMENTS OF THE VILLAGE
Tax-exempt (reinstated) · CORP CHRISTI, TX 78416
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $295 | $953,939 | -$953,644 | $1,859,979 | $0 | $1,859,979 |
| December 31, 2023 | 990 (amended) | $1,804 | $317,027 | -$315,223 | $2,979,710 | $1,945 | $2,977,765 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $295
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,251
- Accounting fees
- $3,008
- Program services (functional)
- $953,939
Balance sheet and other
- Total assets, start of year
- $2,979,710
- Total assets, end of year
- $1,859,979
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,859,979
- Net assets without donor restrictions
- $1,859,979
- Gross receipts
- $295
- Employees
- 0
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR NICHOLAS ADAME | TRUSTEE Trustee or director | 1 | $0 |
| ALICE GONZALES | VICE PRESIDE Trustee or director | 15 | $0 |
| RAUL VASQUEZ JR | PRESIDENT Trustee or director | 16 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR NICHOLAS ADAME | TRUSTEE Trustee or director | 1 | $0 |
| ALICE GONZALES | VICE PRESIDE Trustee or director | 15 | $0 |
| RAUL VASQUEZ JR | PRESIDENT Trustee or director | 16 | $0 |
Address and contacts
- Address (IRS master file)
- 1417 HORNE RD, CORP CHRISTI, TX 78416-2002
- In care of
- % ANTHONY JUAREZ III
- Principal officer (990 for 2024)
- RAUL VASQUEZ JR, 6702 EVERHART RD V-102, CORPUS CHRISTI, TX 78413
- Signed the 990
- RAUL VASQUEZ JR, PRESIDENT
- Phone
- (361) 853-2569
- Website
- LULACVILLAGEPARKTX.COM
- Return prepared by
- JUAREZ FINANCIAL & TAX PC
Mission
L.U.L.A.C. VILLAGE PARK APARTMENTS IS A NONPROFIT TRUST OPERATED FOR PROVIDING HOUSING TO ELIGIBLE LOW INCOME FAMILIES UNDER SECTION 236 OF NATIONAL HOUSING ACT. IT IS A 152 UNIT APARTMENT COMPLEX WHICH RECEIVES FEDERALLY SUBSIDIZED RENT INCOME AND REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.THIS ENTITY INVOLVES BOARD ACTIVITY ONLY.
Program accomplishments
- L.U.L.A.C. VILLAGE PARK APARTMENTS IS A NONPROFIT TRUST OPERATED FOR PROVIDING HOUSING TO ELIGIBLE LOW INCOME FAMILIES UNDER SECTION 236 OF NATIONAL HOUSING ACT. IT IS A 152 UNIT APARTMENT COMPEX WHICH RECEIVES FEDERALLY SUBSIDIZED RENT INCOME AND REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.Expenses $2,195
- THE APARTMENTS OF THE VILLAGE (L.U.L.A.C. VILLAGE PARK APARTMENTS)IS A NONPROFIT TRUST OPERATED FOR PROVIDING HOUSING TO ELIGIBLE LOW INCOME FAMILIES UNDER SECTION 236 OF NATIONAL HOUSING ACT. THE APARTMENTS OF THE VILLAGE IS A 99.99% PARTER OF PARTNERSHIP TX LULAC VILLAGE HOUSING LP EIN 20-1882542 WHOM PROVIDES FOR THE OPERATIONS OF 152 UNIT APARTMENT COMPLEX WHICH RECEIVES FEDERALLY SUBSIDIZED RENT INCOME AND REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. FOR THE YEAR 2024, THE PARTNER'S SHARE OF NET RENTAL INCOME/(LOSS) OF TX LULAC VILLAGE HOUSING LP IS REPORTED VIA SCHEDULE K-1 (FORM 1065) AND TO SERVE AS PROGRAM INCOME/(LOSS)Expenses $939,420
- L.U.L.A.C. VILLAGE PARK APARTMENTS IS A NONPROFIT TRUSTExpenses $12,324
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 74-1622533
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $1,859,979
- Income (IRS master file)
- $295
Revocation and reinstatement
- Exemption revoked
- May 15, 2012
- Posted by the IRS
- February 11, 2013
- Reinstated
- Effective May 15, 2012
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $295 | $953,939 | $1,859,979 | XML |
| 990 | December 2023 | $1,804 | $317,027 | $2,979,710 | XML |
| 990 | December 2022 | $0 | $28,910 | $2,288,782 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-1622533).
Questions about THE APARTMENTS OF THE VILLAGE
- What is the EIN of THE APARTMENTS OF THE VILLAGE?
- The employer identification number (EIN) of THE APARTMENTS OF THE VILLAGE is 74-1622533.
- Is THE APARTMENTS OF THE VILLAGE tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2012 and reinstated it effective May 15, 2012.
- Are donations to THE APARTMENTS OF THE VILLAGE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does THE APARTMENTS OF THE VILLAGE file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of THE APARTMENTS OF THE VILLAGE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE APARTMENTS OF THE VILLAGE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE APARTMENTS OF THE VILLAGE?
- The 990 for the year ended December 31, 2024 names RAUL VASQUEZ JR.
- Who are the officers and directors of THE APARTMENTS OF THE VILLAGE?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does THE APARTMENTS OF THE VILLAGE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $295, expenses of $953,939 and total assets of $1,859,979 at year end.
Other nonprofits in CORP CHRISTI
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- ARK ASSESSMENT CENTER AND EMERGENCY SHELTER FOR YOUTH EIN 74-2859907 · last filed 990 for 2025
- 911 PARK PLACE EIN 74-2996340 · last filed 990 for 2025
- THANKSGIVING HOMES EIN 72-1544954 · last filed 990 for 2025
- KAREN E HENRY FOUNDATION FOR LONG- TERM HOUSING FOR PERS WITH DIABLIT EIN 74-2681314 · last filed 990-PF for 2025
- CORPUS CHRISTI FINANCE CORPORATION EIN 74-2791815 · last filed 990 for 2025
- ACCESSIBLE HOUSING RESOURCES INC EIN 51-0516399 · last filed 990-N for 2024
- BAHIA PROPERTIES INC EIN 68-0608413 · last filed 990 for 2025
All nonprofits in CORP CHRISTI · Texas · Housing and shelter