Rio Grande Valley Livestock Show Inc

Rio Grande Valley Livestock Show

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

EIN: 741016713 ✦ Mercedes, TX ✦ Designated as a 501(c)(3)

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Overview

What is Rio Grande Valley Livestock Show Inc?

Rio Grande Valley Livestock Show Inc is a nonprofit organization situated in Mercedes, Texas. With a strong focus on education and leadership development, the organization hosts an annual ten-day event, welcoming students to exhibit their livestock, art, horticulture, and shop projects. During the March 2022 show, the organization awarded an estimated $2.6 million in prizes and scholarships, totaling $61,050. The mission of Rio Grande Valley Livestock Show Inc is to create a safe, educational environment that promotes community, family, and volunteerism, guiding the youth of South Texas towards becoming leaders of tomorrow through agricultural education and competition. The organization operates with a staff of 35 individuals, contributing positively to the community.


Official website here: www.rgvls.com

Is Rio Grande Valley Livestock Show Inc legitimate?

Rio Grande Valley Livestock Show Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rio Grande Valley Livestock Show 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: $81,744
Professional Fundraising Fees: $0
Other Salaries and Wages: $465,883

For more financial information, click here


Official website here: www.rgvls.com

What is the mission statement of Rio Grande Valley Livestock Show Inc?

The Rio Grande Valley Livestock Show Inc strives to create a safe and educational environment that fosters family, community, and volunteerism. Their primary goal is to promote the youth of South Texas by encouraging leadership development, agricultural education, and competition. This organization aims to nurture future leaders by providing a platform for students to showcase their animal exhibits, art, horticulture, and shop projects. During their annual ten-day event, they award substantial prizes and scholarships to recognize and support the participants' achievements.


Official website here: www.rgvls.com

Who is the CEO of Rio Grande Valley Livestock Show Inc?

Mike Risica is the President of Rio Grande Valley Livestock Show Inc.


Official website here: www.rgvls.com

What is the revenue of Rio Grande Valley Livestock Show Inc?

Rio Grande Valley Livestock Show Inc's revenue in 2022 was $6,408,049.


Official website here: www.rgvls.com

Who are the executives of Rio Grande Valley Livestock Show Inc and what are their salaries?

The average compensation at Rio Grande Valley Livestock Show Inc during 2022 was $15,646. There are 35 employees and 920 volunteers at Rio Grande Valley Livestock Show Inc.


Here are 20 key members and their salaries:


Mike Risica (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Horacio Garza Jr (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Morrow (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edna Martinez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Sparks (President Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherilyn Goad (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Saldana (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Acevedo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe C Ballenger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reagan Florence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucas Hinojosa Dvm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Wentz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lamon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earl Neuhaus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felo Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abel Suarez Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Vaughan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Armando Correa (General Manager)
  • Compensation: $70,760
  • Related: $0
  • Other: $9,147


Official website here: www.rgvls.com

Where can I find the form 990 for Rio Grande Valley Livestock Show Inc?

Rio Grande Valley Livestock Show Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rgvls.com

Learn more at the official website: www.rgvls.com

Mission Statement of Rio Grande Valley Livestock Show Inc

The Rio Grande Valley Livestock Show Inc is dedicated to establishing a secure and educational atmosphere that fosters family, community, and volunteerism. Their primary objective is to bolster the youth of South Texas by promoting leadership development, agricultural education, and competition, with the ultimate goal of nurturing future leaders. This organization achieves this by organizing a ten-day event where students exhibit their livestock, art, horticulture, and shop projects. During the March 2022 show, the Rio Grande Valley Livestock Show awarded an estimated $2,600,000 in various premiums, auction resales, and prizes. Furthermore, they granted 117 scholarships totaling $61,050 to deserving students.

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Impact




July, 2024

The Rio Grande Valley Livestock Show Inc has a significant impact on the youth of South Texas by providing a safe and educational environment that promotes family, community, and volunteerism. Through leadership development, agricultural education, and competition, the organization aims to create the leaders of tomorrow. The show offers students the opportunity to exhibit their animals, art, horticulture, and shop projects, fostering valuable skills and knowledge.

During the March 2022 show, the Rio Grande Valley Livestock Show awarded an estimated $2,600,000 in various forms, including market premiums, breeding premiums, other premiums, auction re-sales, awards, and prizes. Additionally, the organization awarded 117 scholarships totaling $61,050, further supporting the academic pursuits of deserving youth.

Overall, the Rio Grande Valley Livestock Show Inc plays a crucial role in the development and empowerment of the youth in South Texas, contributing significantly to their education, personal growth, and future success.




This information is meant to be a general summary of Rio Grande Valley Livestock Show 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
$6,408,049 (2022)
Expenses
$5,349,323 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,823
  • Program Service Revenue: $4,710,031
  • Gross Receipts: $6,453,262

Assets and Liabilities:

  • Total Assets: $9,879,842
  • Total Liabilities: $3,942,044
  • Net Assets: $5,937,798

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Programs

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

ADMISSIONS

Revenue

$2,633,440

CARNIVAL

Revenue

$651,859

PARKING

Revenue

$590,285

CONCESSION INCOME

Revenue

$553,627

EXHIBITOR FEES

Revenue

$249,948

Organization Details

Founding Year

1949

Principal Officer

Mike Risica

Main Address

1000 N TEXAS AVENUE, MERCEDES, TX, 78570

NTEE Category

Code: N52 - Recreation

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