Val Verde Community Foundation

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

EIN: 742097659 ✦ Del rio, TX ✦ Designated as a 501(c)(4)

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Overview

What is Val Verde Community Foundation?

The Val Verde Community Foundation is a nonprofit organization situated in Del Rio, Texas. With a single employee, its primary mission is to maintain and enhance the irrigation ditches within Del Rio, aiming to benefit the general well-being and common good of the city's citizens and those in Val Verde County. The foundation's grants contribute to the betterment of the local community, ensuring that its resources are utilized for the collective advantage of Del Rio's residents.

Is Val Verde Community Foundation legitimate?

Val Verde Community Foundation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Val Verde Community Foundation 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: $10,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Val Verde Community Foundation?

The Val Verde Community Foundation's mission is centered around maintaining and enhancing the irrigation ditches in an unspecified location, with the primary objective of benefiting the local community. This endeavor is carried out for the common good and general welfare of the citizens, aiming to improve their quality of life. The foundation provides grants for projects that contribute positively to the community, enhancing its overall well-being.

Who is the CEO of Val Verde Community Foundation?

Michael Peel is the President of Val Verde Community Foundation.

What is the revenue of Val Verde Community Foundation?

Val Verde Community Foundation's revenue in 2022 was $195,770.

Who are the executives of Val Verde Community Foundation and what are their salaries?

The average compensation at Val Verde Community Foundation during 2022 was $10,000. There is 1 employee at Val Verde Community Foundation.


Here are 10 key members and their salaries:


Brett Grifith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Simpton (Director/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayte Casas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Lemp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gay Culberson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willie Hyslop (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Peel (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Hernandez (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Stern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Davis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Val Verde Community Foundation?

Val Verde Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Val Verde Community Foundation

The Val Verde Community Foundation is dedicated to enhancing and maintaining the irrigation ditches in Del Rio, Texas. This mission is carried out for the common good and general welfare of the citizens residing in Del Rio and Val Verde County. By focusing on this vital aspect, the foundation aims to contribute positively to the community's well-being. The foundation's grants are designed to promote the common good and benefit the citizens of Del Rio and Val Verde County, further emphasizing its commitment to serving the community.

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Impact




October, 2024

Val Verde Community Foundation has a significant impact on the welfare of the residents in Del Rio and Val Verde County, Texas, primarily through the maintenance and improvement of local irrigation ditches. These efforts not only enhance the agricultural landscape but also contribute to the overall quality of life for the community. By ensuring that irrigation systems are functional and efficient, the foundation supports local farmers and promotes sustainable practices that benefit the environment and economy. The grants provided by the foundation are directed towards projects that foster communal welfare and support the diverse needs of the citizens, reflecting a commitment to the common good in the region. This initiative strengthens community ties, encourages responsible use of natural resources, and ultimately enhances the resilience of the local agricultural sector.




This information is meant to be a general summary of Val Verde Community Foundation. 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
$195,770 (2022)
Expenses
$139,630 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $195,754
  • Gross Receipts: $195,770

Assets and Liabilities:

  • Total Assets: $7,672,301
  • Total Liabilities: $0
  • Net Assets: $7,672,301

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Organization Details

Principal Officer

Michael Peel

Main Address

109 GRINER, DEL RIO, TX, 78840

NTEE Category

Code: T31 - Philanthropy

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