Valley Improvement Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237048114 ✦ Belen, NM ✦ Designated as a 501(c)(4)

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Overview

What is Valley Improvement Association Inc?

Valley Improvement Association Inc, headquartered in Belen, New Mexico, is a nonprofit organization established to foster the growth and development of property in southeastern Valencia County. The association, primarily serving its member base, is funded through an annual assessment. Its mission involves strategically planning and encouraging the establishment of residential, commercial, recreational, and institutional developments, aiming to improve the overall landscape of the region. With a small team of two dedicated individuals, Valley Improvement Association Inc plays a significant role in shaping the economic and spatial development of its community.


Official website here: www.v-i-a.org

Is Valley Improvement Association Inc legitimate?

Valley Improvement Association Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Valley Improvement Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $17,055
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.v-i-a.org

What is the mission statement of Valley Improvement Association Inc?

The Valley Improvement Association Inc, being a non-profit organization, is established for the benefit of its members. They are expected to contribute annually to the association. The primary purpose of Valley Improvement Association Inc is to encourage the development of property in South Eastern Valencia County. This development encompasses various sectors, including residential, commercial, recreational, and institutional projects, all executed through well-planned developments.


Official website here: www.v-i-a.org

Who is the CEO of Valley Improvement Association Inc?

Paul Baca is the Ceo/Presiden of Valley Improvement Association Inc. The CEO's salary of Valley Improvement Association Inc is $14,010 and their total compensation is $14,010.


Official website here: www.v-i-a.org

What is the revenue of Valley Improvement Association Inc?

Valley Improvement Association Inc's revenue in 2022 was -$34,636.


Official website here: www.v-i-a.org

Who are the executives of Valley Improvement Association Inc and what are their salaries?

The average compensation at Valley Improvement Association Inc during 2022 was $8,528. There are 2 employees at Valley Improvement Association Inc.


Here are 4 key members and their salaries (Valley Improvement Association Inc's CEO's salary is $14,010 and their total compensation is $14,010):


Paul Baca (Ceo/Presiden)
  • Compensation: $14,010
  • Related: $0
  • Other: $0
Teresa Scott (Secretary)
  • Compensation: $3,045
  • Related: $0
  • Other: $0
Pam Cordova (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Sweeney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.v-i-a.org

Where can I find the form 990 for Valley Improvement Association Inc?

Valley Improvement Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.v-i-a.org

Learn more at the official website: www.v-i-a.org

Mission Statement of Valley Improvement Association Inc

Valley Improvement Association, often referred to as VIA, is a non-profit organization established with the primary objective of benefiting its members. Members are defined by an annual assessment to the association. The mission of VIA is centered around encouraging the development of property in southeastern Valencia County. This development encompasses a comprehensive approach, including residential, commercial, recreational, and institutional sectors. The organization aims to promote well-planned developments in these areas, contributing to the overall growth and improvement of the community.

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Impact




October, 2024

Valley Improvement Association Inc plays a crucial role in enhancing the development landscape of southeastern Valencia County. By fostering well-planned residential, commercial, recreational, and institutional developments, the organization actively contributes to the growth and improvement of the community. Through its member services, VIA identifies and administers economic development efforts that not only strengthen the local economy but also optimize the management of natural resources.

The impact of VIA is seen in the promotion of organized development projects that consider the needs of both current and future residents. Their initiatives encourage sustainable growth, ensuring that the development in the area aligns with community values and environmental preservation. By engaging with local stakeholders and planning for cohesive and functional spaces, VIA facilitates a vibrant community that enhances quality of life for its members.

Furthermore, the association's mission to serve its members through annual assessments underscores a commitment to collective progress, empowering property owners to invest in the future of their environment. This collaborative approach not only stimulates economic opportunities but also fosters a sense of community pride and cohesion among residents. Overall, the Valley Improvement Association Inc significantly impacts the region by championing thoughtful development and resource management.




This information is meant to be a general summary of Valley Improvement Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
-$34,636 (2022)
Expenses
$123,319 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$95,321
  • Program Service Revenue: $57,033
  • Gross Receipts: $163,466

Assets and Liabilities:

  • Total Assets: $646,308
  • Total Liabilities: $1,526,825
  • Net Assets: -$880,517

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ASSESSMENTS

Revenue

$57,033

Organization Details

Founding Year

1969

Principal Officer

Paul Baca

Main Address

PO BOX 8, BELEN, NM, 87002

NTEE Category

Code: S31 - Community improvement

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