Nonprofit · EIN 74-2768931
VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT
Also known as VIDA
Tax-exempt · MERCEDES, TX 78570
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $5,963,157 | $4,997,107 | $966,050 | $3,525,020 | $1,045,215 | $2,479,805 |
| September 30, 2024 | 990 | $3,847,174 | $3,570,660 | $276,514 | $2,269,888 | $756,133 | $1,513,755 |
| September 30, 2023 | 990 | $3,345,436 | $3,044,969 | $300,467 | $2,739,994 | $1,502,753 | $1,237,241 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $5,881,545
- of which government grants
- $5,699,253
- Program service revenue
- $0
- Investment income
- $9,752
- Net income from fundraising events
- $71,860
- Other revenue
- $71,860
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $174,657
- Other salaries and wages
- $1,187,848
- Salaries, compensation and benefits (total)
- $1,477,755
- Professional fundraising fees
- $0
- Occupancy
- $70,692
- Depreciation
- $23,323
- Program services (functional)
- $4,218,175
- Management and general (functional)
- $778,932
Balance sheet and other
- Total assets, start of year
- $2,269,888
- Total assets, end of year
- $3,525,020
- Total liabilities, end of year
- $1,045,215
- Net assets, end of year
- $2,479,805
- Land, buildings and equipment
- $444,565
- Net assets without donor restrictions
- $1,384,362
- Net assets with donor restrictions
- $1,095,443
- Gross receipts
- $5,986,681
- Employees
- 25
- Volunteers
- 0
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FELIDA VILLARREAL | EXECUTIVE DIRECTOR Officer | 40 | $174,657 |
| TONY AGUIRRE | CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| MSGR HERBERTO M DIAZ JR | VICE CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| JOSE HINOJOSA | TREASURER Trustee or director, Officer | 1 | $0 |
| EDUARDO ANAYA | DIRECTOR Trustee or director | 1 | $0 |
| ROSALIE TRISTAN | DIRECTOR Trustee or director | 1 | $0 |
| DAVID OLIVEIRA | DIRECTOR Trustee or director | 1 | $0 |
| LESLIE BINGHAM | DIRECTOR Trustee or director | 1 | $0 |
| FR KEVIN COLLINS OMI | DIRECTOR Trustee or director | 1 | $0 |
| APOLONIO BORREGO JR | DIRECTOR Trustee or director | 1 | $0 |
| JULIAN ALVAREZ | DIRECTOR Trustee or director | 1 | $0 |
| ABDIEL RAMIREZ | DIRECTOR Trustee or director | 1 | $0 |
| MOISES ROBLEDO | DIRECTOR Trustee or director | 1 | $0 |
| REYNALDO PEREZ | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FELIDA VILLARREAL | EXECUTIVE DIRECTOR Officer | 40 | $160,233 |
| TONY AGUIRRE | CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| MSGR HERBERTO M DIAZ JR | VICE CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| JOSE HINOJOSA | TREASURER Trustee or director, Officer | 1 | $0 |
| EDUARDO ANAYA | DIRECTOR Trustee or director | 1 | $0 |
| ROSALIE TRISTAN | DIRECTOR Trustee or director | 1 | $0 |
| DAVID OLIVEIRA | DIRECTOR Trustee or director | 1 | $0 |
| LESLIE BINGHAM | DIRECTOR Trustee or director | 1 | $0 |
| FR KEVIN COLLINS OMI | DIRECTOR Trustee or director | 1 | $0 |
| APOLONIO BORREGO JR | DIRECTOR Trustee or director | 1 | $0 |
| JULIAN ALVAREZ | DIRECTOR Trustee or director | 1 | $0 |
| ABDIEL RAMIREZ | DIRECTOR Trustee or director | 1 | $0 |
| MOISES ROBLEDO | DIRECTOR Trustee or director | 1 | $0 |
| REYNALDO PEREZ | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FELIDA VILLARREAL | EXECUTIVE DIRECTOR Officer | 40 | $91,091 |
| TONY AGUIRRE | CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| MSGR HERBERTO M DIAZ JR | VICE CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| JOSE HINOJOSA | TREASURER Trustee or director, Officer | 1 | $0 |
| EDUARDO ANAYA | DIRECTOR Trustee or director | 1 | $0 |
| ROSALIE TRISTAN | DIRECTOR Trustee or director | 1 | $0 |
| DAVID OLIVEIRA | DIRECTOR Trustee or director | 1 | $0 |
| LESLIE BINGHAM | DIRECTOR Trustee or director | 1 | $0 |
| FR KEVIN COLLINS OMI | DIRECTOR Trustee or director | 1 | $0 |
| APOLONIO BORREGO JR | DIRECTOR Trustee or director | 1 | $0 |
| JULIAN ALVAREZ | DIRECTOR Trustee or director | 1 | $0 |
| ABDIEL RAMIREZ | DIRECTOR Trustee or director | 1 | $0 |
| MOISES ROBLEDO | DIRECTOR Trustee or director | 1 | $0 |
| REYNALDO PEREZ | DIRECTOR Trustee or director | 1 | $0 |
| PRISCILLA ALVAREZ | FORMER EXEC DIR Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 417 S OHIO AVE, MERCEDES, TX 78570-3100
- Principal officer (990 for 2024)
- FELIDA VILLARREAL, 417 S OHIO AVENUE, MERCEDES, TX 78570
- Signed the 990
- FELIDA VILLARREAL, EXECUTIVE DIRECTOR
- Phone
- (956) 903-1900
- Website
- WWW.VIDACAREERS.ORG
- Return prepared by
- CRI ADVISORS LLC
Mission
JOB TRAINING ASSISTANCE
Program accomplishments
- PROVIDE ECONOMICALLY DISADVANTAGED OR MULTIPLE-BARRIERED INDIVIDUALS ACCESS TO HIGH QUALITY AND BETTER PAYING JOBS THROUGH AN INNOVATIVE APPROACH TO INDIVIDUALIZED TRAINING THAT IS DIRECTLY LINKED TO EMPLOYERS' NEEDS, LEADING TO A BETTER SKILLED MORE PRODUCTIVE WORKFORCE.Expenses $4,218,175
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 74-2768931
- 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
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S22)
- Assets (IRS master file)
- $3,525,020
- Income (IRS master file)
- $5,986,681
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $5,963,157 | $4,997,107 | $3,525,020 | XML |
| 990 | September 2024 | $3,847,174 | $3,570,660 | $2,269,888 | XML |
| 990 | September 2023 | $3,345,436 | $3,044,969 | $2,739,994 | XML |
| 990 | September 2022 | $2,551,169 | $2,283,170 | $2,040,935 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 74-2768931).
Questions about VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT
- What is the EIN of VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT?
- The employer identification number (EIN) of VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT is 74-2768931.
- Is VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT 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 VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT?
- The 990 for the year ended September 30, 2025 names FELIDA VILLARREAL.
- Who are the officers and directors of VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT?
- The 990 for the year ended September 30, 2025 lists 14 people; 1 received compensation from the organization, the highest $174,657 (FELIDA VILLARREAL, EXECUTIVE DIRECTOR).
- How much revenue does VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $5,963,157, expenses of $4,997,107 and total assets of $3,525,020 at year end.
Other nonprofits in MERCEDES
- MERCEDES COLUMBUS CLUB EIN 74-2793864 · last filed 990-N for 2025
- MAGIC VALLEY ELECTRIC COOPERATIVE INC EIN 74-0758801 · last filed 990 for 2024
- TEXAS RIO GRANDE LEGAL AID INC EIN 74-1675230 · last filed 990 for 2025
- RIO GRANDE VALLEY LIVESTOCK SHOW INC EIN 74-1016713 · last filed 990 for 2025
- TEXAS RIOGRANDE LEGAL AID FOUNDATION EIN 99-1148279 · last filed 990 for 2024
- VOICE OF CHRISTIANITY EIN 85-3050209 · last filed 990 for 2024
- QUEEN CITY HOUSING FOUNDATION EIN 85-3267768 · last filed 990 for 2025
- MERCEDES AREA CHAMBER OF COMMERCE EIN 74-0780424 · last filed 990 for 2024
All nonprofits in MERCEDES · Texas · Community improvement and capacity building