Overview
What is Amigos Del Valle Housing Development Corp?
Amigos Del Valle Housing Development Corp is a nonprofit organization situated in Edinburg, Texas. Their primary mission is to provide affordable housing for the elderly and disabled individuals with low income, ensuring a safe and hygienic living environment. Operating under Section 202 of the National Housing Act of 1959, the organization is regulated by the U.S. Department of Housing and Urban Development. They manage a 55-unit apartment project, dedicated to serving this specific community, and currently have a workforce of six individuals.
Is Amigos Del Valle Housing Development Corp legitimate?
Amigos Del Valle Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amigos Del Valle Housing Development Corp 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.
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Other Salaries and Wages: $82,724
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What is the mission statement of Amigos Del Valle Housing Development Corp?
Amigos Del Valle Housing Development Corp is a non-profit organization dedicated to providing housing solutions for the elderly and disabled individuals with very low income. Operating under Section 202 of the National Housing Act of 1959, the organization is regulated by the U.S. Department of Housing and Urban Development. Their mission is to offer federally subsidized housing and ensure a safe and sanitary living environment for these individuals, providing them with a secure and comfortable place to call home.
Who is the CEO of Amigos Del Valle Housing Development Corp?
Alex Guerra is the President of Amigos Del Valle Housing Development Corp.
What is the revenue of Amigos Del Valle Housing Development Corp?
Amigos Del Valle Housing Development Corp's revenue in 2022 was $431,003.
Who are the executives of Amigos Del Valle Housing Development Corp and what are their salaries?
The average compensation at Amigos Del Valle Housing Development Corp during 2022 was $13,787. There are 6 employees at Amigos Del Valle Housing Development Corp.
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Where can I find the form 990 for Amigos Del Valle Housing Development Corp?
Amigos Del Valle Housing Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Amigos Del Valle Housing Development Corp
Amigos Del Valle Housing Development Corp is a non-profit organization dedicated to providing a safe and sanctuary-like environment for elderly and disabled individuals with very low income. Operating under Section 202 of the National Housing Act of 1959, this organization is regulated by the U.S. Department of Housing and Urban Development. Its mission is to manage a 55-unit apartment project, ensuring that these vulnerable individuals have access to federally subsidized housing. By doing so, Amigos Del Valle Housing Development Corp contributes to their overall well-being, aiming to promote a clean, safe, and secure living space.
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Impact
October, 2024
Amigos Del Valle Housing Development Corp significantly enhances the quality of life for elderly and disabled individuals with very low incomes in Edinburg, Texas. By providing a 55-unit apartment complex governed by Section 202 of the National Housing Act of 1959, this initiative offers federally subsidized housing that ensures residents have access to a safe and sanitary living environment. The project addresses a critical need for affordable housing, enabling vulnerable populations to live with dignity while alleviating some of the economic pressures they face. In doing so, Amigos Del Valle fosters a sense of community and security for its residents, ultimately contributing to their overall well-being and stability.
This information is meant to be a general summary of Amigos Del Valle Housing Development Corp. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $65
- Program Service Revenue: $127,035
- Gross Receipts: $431,003
Assets and Liabilities:
- Total Assets: $948,653
- Total Liabilities: $1,639,500
- Net Assets: -$690,847
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL
Revenue
$127,035
Organization Details
Founding Year
1983
Phone
(956) 213-9400Principal Officer
Alex Guerra
Main Address
4138 CROSSPOINT BLVD, EDINBURG, TX, 78539
NTEE Category
Code: L21 - Housing
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