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Nonprofit · EIN 76-0156465

VN TEAMWORK

Tax-exempt · HOUSTON, TX 77072

Financials

$1.5M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of VN TEAMWORK by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,507,471$1,590,267-$82,796$5,098,350$886,140$4,212,210
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$717,068
of which government grants
$676,690
Program service revenue
$216,698
Investment income
$56,598
Net rental income
$517,107
Other revenue
$517,107

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$451,927
Salaries, compensation and benefits (total)
$526,095
Professional fundraising fees
$0
Accounting fees
$23,546
Travel
$207,350
Depreciation
$153,324
Program services (functional)
$496,181
Management and general (functional)
$1,094,086

Balance sheet and other

Total assets, start of year
$5,002,281
Total assets, end of year
$5,098,350
Total liabilities, end of year
$886,140
Net assets, end of year
$4,212,210
Land, buildings and equipment
$3,154,619
Gross receipts
$1,507,471
Employees
16

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
MICHAEL NGUYENEXECUTIVE DI
Trustee or director, Officer
40$93,456
OMON IMOBIOHDIRECTOR
Trustee or director
5$0
MARIE LEEDIRECTOR
Trustee or director
5$0
CHI NGUYENTREASURE
Trustee or director
5$0
KIM DUNG NGUYENCHAIRMAN
Trustee or director
5$0
NINA NGUYEN RPHDIRECTOR
Trustee or director
5$0
NINA P NGUYEN RPHVICE CHAIRMA
Trustee or director
5$0
DOROTHY TRANDIRECTOR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
11210 BELLAIRE BLVD STE 118, HOUSTON, TX 77072-2516
Principal officer (990 for 2024)
MICHAEL NGUYEN, 11210 BELLAIRE, HOUSTON, TX 77072
Signed the 990
MICHAEL NGUYEN, EXECUTIVE DIRECTOR
Return prepared by
HRSS LLP

Mission

VN TEAMWORK IS A NON-PROFIT COMMUNITY BASED ORGANIZATION. ITS MISSION IS TO ENHANCE THE HEALTH, EDUCATION AND SOCIAL WELL-BEING OF LOW INCOME INDIVIDUALS.

990 for the year ended December 31, 2024

Program accomplishments

  • GRANT IN THE AMOUNT OF 116,100 WAS PROVIDED FROM THE INTERNAL REVENUE SERVICE SO THAT THE ORGANIZATION COULD HELP LOW INCOME TAXPAYERS TO PREPARE THEIR TAX RETURNS.
  • OTHER PROGRAM EXPENSE
    Expenses $496,181

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
76-0156465
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
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,098,350
Income (IRS master file)
$1,507,471

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$1,154,925$1,256,154$5,002,281IRS
990December 2022$1,381,843$1,333,293$5,193,600IRS
990December 2021–––IRS
990December 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 VN TEAMWORK

What is the EIN of VN TEAMWORK?
The employer identification number (EIN) of VN TEAMWORK is 76-0156465.
Is VN TEAMWORK tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to VN TEAMWORK tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VN TEAMWORK 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 VN TEAMWORK 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 VN TEAMWORK 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 VN TEAMWORK?
The 990 for the year ended December 31, 2024 names MICHAEL NGUYEN.
Who are the officers and directors of VN TEAMWORK?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $93,456 (MICHAEL NGUYEN, EXECUTIVE DI).
How much revenue does VN TEAMWORK have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,507,471, expenses of $1,590,267 and total assets of $5,098,350 at year end.

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