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Rio Grande Valley Partnership Foundation

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

EIN: 742765624 ✦ Weslaco, TX ✦ Designated as a 501(c)(3)

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Overview

What is Rio Grande Valley Partnership Foundation?

The Rio Grande Valley Partnership Foundation is a nonprofit organization located at 322 S Missouri Ave, Weslaco, TX 78596. Their primary mission is to foster understanding, unity, and improved relationships between various economic and ethnic groups. To achieve this, they conduct research, offer training courses, seminars, and discussions, organize forums, award scholarships, and engage in various activities that promote knowledge and understanding in various fields such as economics, public concerns, finance, education, housing, human relations, minority group issues, science and technology, and international relations. With a team of 14 dedicated individuals, this foundation aims to contribute to the advancement and diffusion of knowledge, ultimately leading to improved efficiency, development, and job opportunities.


Official website here: www.rgvpartnership.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Star rating.

The Rio Grande Valley Partnership Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The foundation's score is based entirely on its Accountability & Finance metrics, where it received an impressive score of 90%. This rating indicates that the organization is effectively managing its resources and demonstrates a commitment to transparency.

Key strengths of the foundation include a fully independent board, which received the maximum score for both the majority of independent members and board size. Additionally, the foundation has shown no material diversion of assets and adheres to best practices regarding its conflict of interest and document retention policies. Its program expense ratio is also favorable, indicating that a significant portion of its funds is directed towards its mission-driven programs.

However, the foundation lacks a whistleblower policy, which affected its score in that specific area. While this omission is notable, the overall strong performance in other categories suggests that the organization is effectively fulfilling its mission and managing its operations responsibly.


This AI summary has been generated from information found on Charity Navigator.

Is Rio Grande Valley Partnership Foundation legitimate?

Rio Grande Valley Partnership Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rio Grande Valley Partnership 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.rgvpartnership.com

What is the mission statement of Rio Grande Valley Partnership Foundation?

The Rio Grande Valley Partnership Foundation's mission is centered around promoting understanding and improving relations between various economic and ethnic groups. They accomplish this by conducting research, organizing training sessions, seminars, and forums, among other activities. The goal is to foster unity and advancement in economic growth and employment opportunities, covering a broad range of subjects such as economics, finance, education, and international relations. Their activities aim to enhance efficiency, development, and acceleration in these areas. The organization also awards scholarships to further their objectives.


Official website here: www.rgvpartnership.com

Who is the CEO of Rio Grande Valley Partnership Foundation?

Daniel Silva is the CEO of Rio Grande Valley Partnership Foundation The CEO's salary of Rio Grande Valley Partnership Foundation is $0 and their total compensation is $160,636.


Official website here: www.rgvpartnership.com

What is the revenue of Rio Grande Valley Partnership Foundation?

Rio Grande Valley Partnership Foundation's revenue in 2023 was $94,684.


Official website here: www.rgvpartnership.com

Who are the executives of Rio Grande Valley Partnership Foundation and what are their salaries?

There are 10 employees and 25 volunteers at Rio Grande Valley Partnership Foundation.

Here are 10 key members and their salaries (Rio Grande Valley Partnership Foundation's CEO's salary is $0 and their total compensation is $160,636):


Brent Baldree (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Gonzalez (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Cordova (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anabell Cardona (Asst Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Canales (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Reed (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlene Garza (Chairwoman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krys Weyand (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sergio Contreras (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Silva (Ceo)
  • Compensation: $0
  • Related: $152,800
  • Other: $7,836


Official website here: www.rgvpartnership.com

Where can I find the form 990 for Rio Grande Valley Partnership Foundation?

Rio Grande Valley Partnership Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.rgvpartnership.com

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

Mission Statement of Rio Grande Valley Partnership Foundation

The Rio Grande Valley Partnership Foundation is committed to fostering the expansion and dissemination of knowledge and comprehension in various domains, such as economics, public affairs, finance, education and training, housing, human relations, issues pertaining to minority groups, science and technology, economic planning and development, international relations, and subjects related to enhancing the efficiency, development, and acceleration of economic growth and employment opportunities.

In pursuit of this mission, the Rio Grande Valley Partnership Foundation undertakes studies and research, conducts training courses, seminars, discussion groups, forums, panels, lectures, awards scholarships, and engages in any activity that promotes understanding, unity, or improved relationships between different economic or ethnic groups. The primary objective of these activities is to encourage collaboration and understanding among diverse groups, thereby fostering a more harmonious and equitable society.

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Impact




August, 2024

The Rio Grande Valley Partnership Foundation's impact is to advance and diffuse knowledge and understanding in various areas such as economics, public concern, finance, education, housing, human relations, minority group issues, science and technology, economic planning and development, international relations, and other subjects aimed at improving efficiency, development, and the quality and quantity of economic growth and employment opportunities. They achieve this by undertaking studies and research, conducting training courses, seminars, discussion groups, forums, panels, lectures, awarding scholarships, and engaging in activities that promote understanding, unification, or improved relationships between different economic or ethnic groups. Their work ultimately contributes to the improvement of economic growth and employment opportunities, benefiting the community at large in Weslaco, TX.




This information is meant to be a general summary of Rio Grande Valley Partnership 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
$94,684 (2023)
Expenses
$120,369 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $631
  • Program Service Revenue: $22,850
  • Gross Receipts: $347,698

Assets and Liabilities:

  • Total Assets: $121,892
  • Total Liabilities: $10,493
  • Net Assets: $111,399

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Programs

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

HONOR'S BANQUET

Revenue

$20,350

YOUNG ENTREPRENEUR CHA

Revenue

$2,500

Organization Details

Founding Year

1995

Principal Officer

Daniel Silva

NTEE Category

Code: J20 - Employment

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