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Nonprofit · EIN 74-2938538

VALLEY ALLIANCE OF MENTORS FOR

Also known as V A M O S

Tax-exempt · MCALLEN, TX 78501

Financials

$506K$446K2023$541K$432K2024
Revenue Expenses · by fiscal year end
Financials of VALLEY ALLIANCE OF MENTORS FOR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$540,915$432,411$108,504$1,238,047$64,259$1,173,788
December 31, 2023990$506,081$445,842$60,239$1,132,884$63,418$1,069,466
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$100,855
Program service revenue
$0
Investment income
$29,972
Net income from fundraising events
$410,088
Other revenue
$410,088

Expenses

Grants and similar amounts paid
$207,365
Other salaries and wages
$124,450
Salaries, compensation and benefits (total)
$153,170
Professional fundraising fees
$0
Accounting fees
$7,760
Occupancy
$1,689
Depreciation
$3,486
Program services (functional)
$293,891
Management and general (functional)
$84,299
Fundraising (functional)
$54,221

Balance sheet and other

Total assets, start of year
$1,132,884
Total assets, end of year
$1,238,047
Total liabilities, end of year
$64,259
Net assets, end of year
$1,173,788
Net assets without donor restrictions
$1,173,788
Gross receipts
$786,222
Employees
2
Volunteers
181
Year formed
1996
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.

NameTitleHours / weekCompensation
RICHARD CANTUMEMBER
Trustee or director
10$0
ARMANDO ADAMEMEMBER
Trustee or director
10$0
RANDY PEREZMEMBER
Trustee or director
10$0
SERGIO CONTRERASMEMBER
Trustee or director
10$0
S DAVID DEANDA JrMEMBER
Trustee or director
10$0
DR DANIEL KINGMEMBER
Trustee or director
10$0
DR JOSE GONZALEZMEMBER
Trustee or director
10$0
DR ANABELLE PALOMOMEMBER
Trustee or director
10$0
ALONZO CANTUCHAIRMAN EMERITUS
Trustee or director, Officer
10$0
DR ARMANDO MONCADAPRESIDENT
Trustee or director, Officer
10$0
SONIA A FALCONVICE PRESIDENT
Trustee or director, Officer
10$0
ELISEO SALINAS JrSECRETARY
Trustee or director, Officer
10$0
MARY DE LEONEXECUTIVE DIRECTOR
Key employee
40$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
S DAVID DEANDA JrMEMBER
Trustee or director
10$0
JOHNNY OLIVAMEMBER
Trustee or director
10$0
RANDY PEREZMEMBER
Trustee or director
10$0
DR ANABELLE PALOMOMEMBER
Trustee or director
10$0
DR JOSE GONZALEZMEMBER
Trustee or director
10$0
DR DANIEL KINGMEMBER
Trustee or director
10$0
RICHARD CANTUMEMBER
Trustee or director
10$0
ARMANDO ADAMEMEMBER
Trustee or director
10$0
DR ARMANDO MONCADAPRESIDENT
Trustee or director, Officer
10$0
ALONZO CANTUCHAIRMAN EMERITUS
Trustee or director, Officer
10$0
ELISEO SALINAS JrSECRETARY
Trustee or director, Officer
10$0
SONIA A FALCONVICE PRESIDENT
Trustee or director, Officer
10$0

Address and contacts

Address (IRS master file)
800 N MAIN ST STE 410, MCALLEN, TX 78501-4971
In care of
% ARMANDO MONCADA
Principal officer (990 for 2024)
DR ARMANDO MONCADA, 800 N MAIN STREET STE 410, Mcallen, TX 78501
Signed the 990
ARMANDO MONCADA, PRESIDENT
Phone
(956) 800-4085
Return prepared by
Oscar R Gonzalez CPA & Associates

Mission

To provide renewable scholarships to all deserving hispanic students in Hidalgo, Cameron, and Starr counties for the purpose of completing a secondary education.

990 for the year ended December 31, 2024

Program accomplishments

  • The organizations purpose is to provide scholarships, financial assistance, and educational opportunities to low income high school graduates living in the Rio Grande Valley.
    Expenses $293,891 · grants $207,365

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-2938538
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$1,238,047
Income (IRS master file)
$786,222

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$540,915$432,411$1,238,047XML
990December 2023$506,081$445,842$1,132,884XML
990December 2022–––IRS
990August 2022$649,820$488,734$1,123,433IRS
990August 2021–––IRS
990August 2020–––IRS
990August 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 74-2938538).

Questions about VALLEY ALLIANCE OF MENTORS FOR

What is the EIN of VALLEY ALLIANCE OF MENTORS FOR?
The employer identification number (EIN) of VALLEY ALLIANCE OF MENTORS FOR is 74-2938538.
Is VALLEY ALLIANCE OF MENTORS FOR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to VALLEY ALLIANCE OF MENTORS FOR tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VALLEY ALLIANCE OF MENTORS FOR 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 ALLIANCE OF MENTORS FOR 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 VALLEY ALLIANCE OF MENTORS FOR 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 VALLEY ALLIANCE OF MENTORS FOR?
The 990 for the year ended December 31, 2024 names DR ARMANDO MONCADA.
Who are the officers and directors of VALLEY ALLIANCE OF MENTORS FOR?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does VALLEY ALLIANCE OF MENTORS FOR have?
On its 990 for the year ended December 31, 2024 it reported revenue of $540,915, expenses of $432,411 and total assets of $1,238,047 at year end.

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