Nonprofit · EIN 74-2549834
RIO GRANDE VALLEY EMPOWERMENT ZONE CORPORATION
Tax-exempt · MC ALLEN, TX 78502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $654,327 | $781,069 | -$126,742 | $319,836 | $31,876 | $287,960 |
| December 31, 2023 | 990 | $838,194 | $878,892 | -$40,698 | $452,550 | $34,087 | $418,463 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $654,327
- of which government grants
- $628,452
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $299,426
- Professional fundraising fees
- $0
- Occupancy
- $14,100
- Travel
- $3,429
- Depreciation
- $8,144
- Program services (functional)
- $641,470
- Management and general (functional)
- $139,599
Balance sheet and other
- Total assets, start of year
- $452,550
- Total assets, end of year
- $319,836
- Total liabilities, end of year
- $31,876
- Net assets, end of year
- $287,960
- Land, buildings and equipment
- $5,514
- Net assets without donor restrictions
- $287,960
- Gross receipts
- $654,327
- Employees
- 7
- Year formed
- 1995
- 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 |
|---|---|---|---|
| Rudy Salinas | Board Chair Trustee or director | – | $0 |
| Sam Vale | Treasurer Trustee or director | – | $0 |
| Alma Chavez | Secretary Trustee or director | – | $0 |
| Javier Margo | Board Member Trustee or director | – | $0 |
| Robert Barbosa | Chief Financial Officer Officer | 10 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rudy Salinas | Board Chair Trustee or director | – | $0 |
| Sam Vale | Treasurer Trustee or director | – | $0 |
| Alma Chavez | Secretary Trustee or director | – | $0 |
| Javier Margo | Board Member Trustee or director | – | $0 |
| Robert Barbosa | Chief Financial Officer Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 4542, MC ALLEN, TX 78502-4542
- In care of
- % SAM LARA
- Principal officer (990 for 2024)
- Rudy Salinas, 416 South Alton Blvd, Alton, TX 78573
- Signed the 990
- Rudy Salinas, Board Chair
- Phone
- (956) 424-3276
- Website
- www.rgvez.org
- Return prepared by
- Cascos & Associates PC
Mission
The RGVEZC began operations in January 1995 as a non-profit organization to enable the Rio Grande Valley to become a prosperous region with quality communities, a skilled workforce employed in sutainable jobs paying livable wages, and equal opportunity for all citizens.
Program accomplishments
- Community Youth Development Program- The CYD program was created to reduce and prevent juvenile delinquency in the Rio Grande Valley Region.Expenses $492,916
- Victims of Crime Program- The VOC program was established to assist victims of violen crimes in the Rio Grande Valley Region.Expenses $148,554
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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
- 74-2549834
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Employment (J99Z)
- Assets (IRS master file)
- $319,836
- Income (IRS master file)
- $654,327
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $654,327 | $781,069 | $319,836 | XML |
| 990 | December 2023 | $838,194 | $878,892 | $452,550 | XML |
| 990 | December 2022 | $753,879 | $787,848 | $496,855 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 74-2549834).
Questions about RIO GRANDE VALLEY EMPOWERMENT ZONE CORPORATION
- What is the EIN of RIO GRANDE VALLEY EMPOWERMENT ZONE CORPORATION?
- The employer identification number (EIN) of RIO GRANDE VALLEY EMPOWERMENT ZONE CORPORATION is 74-2549834.
- Is RIO GRANDE VALLEY EMPOWERMENT ZONE CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to RIO GRANDE VALLEY EMPOWERMENT ZONE CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RIO GRANDE VALLEY EMPOWERMENT ZONE CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RIO GRANDE VALLEY EMPOWERMENT ZONE CORPORATION 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 RIO GRANDE VALLEY EMPOWERMENT ZONE CORPORATION 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 RIO GRANDE VALLEY EMPOWERMENT ZONE CORPORATION?
- The 990 for the year ended December 31, 2024 names Rudy Salinas.
- Who are the officers and directors of RIO GRANDE VALLEY EMPOWERMENT ZONE CORPORATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does RIO GRANDE VALLEY EMPOWERMENT ZONE CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $654,327, expenses of $781,069 and total assets of $319,836 at year end.
Other nonprofits in MC ALLEN
- LOWER RIO GRANDE VALLEY WORK FORCE DEVELOPMENT BOARD INC EIN 74-2940085 · last filed 990 for 2025
- MCALLEN CEMETERY ASSN EIN 74-0771985 · last filed 990 for 2025