Nonprofit · EIN 74-2742534
VALHALLA INC
Tax-exempt · EDINBURG, TX 78542
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $155,946 | $121,909 | $34,037 | $446,206 | $132,562 | $313,644 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $13,760
- Program service revenue
- $142,186
- Other revenue
- $0
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $26,400
- Occupancy
- $65,362
- Other expenses
- $30,147
Balance sheet and other
- Total assets, start of year
- $411,684
- Total assets, end of year
- $446,206
- Total liabilities, end of year
- $132,562
- Net assets, end of year
- $313,644
- Cash, savings and investments
- $93,033
- Land and buildings
- $353,173
- Gross receipts
- $155,946
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Larry Linn | Chairman | 2 | $0 |
| Felipe Farias | C0-Chairman | 1 | $0 |
| Keith Johnson | Board Member | 1 | $0 |
| Brenda McGowan | Board Member | 1 | $0 |
| Jean Cote | Secretary | 1 | $0 |
| Marylou Anderosn | Treasurer | 4 | $0 |
| Larry Odegard | Board Member | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 505 E RAMSEYER RD LOT 140, EDINBURG, TX 78542-3175
- In care of
- % DAVID WING
- Signed the 990-EZ
- VALHALLA INC, PRESIDENT
- Phone
- (763) 443-7033
- Return prepared by
- BusinesSavvy
Mission
Ownership and operation of the common Elements at Valhalla Mobile Home Park
Program accomplishments
- Ownership and operation of the common elements at Valhalla Mobile home park
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 74-2742534
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N50)
- Assets (IRS master file)
- $446,206
- Income (IRS master file)
- $155,946
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $155,946 | $121,909 | $446,206 | IRS |
| 990-EZ | December 2023 | $103,883 | $114,677 | $411,684 | IRS |
| 990-EZ | December 2022 | $109,863 | $101,558 | $390,581 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about VALHALLA INC
- What is the EIN of VALHALLA INC?
- The employer identification number (EIN) of VALHALLA INC is 74-2742534.
- Is VALHALLA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2024.
- Are donations to VALHALLA INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does VALHALLA INC 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 VALHALLA INC 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 VALHALLA INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of VALHALLA INC?
- The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does VALHALLA INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $155,946, expenses of $121,909 and total assets of $446,206 at year end.
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