VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT VIDA
MERCEDES,
Texas,
78570
EIN: 74-2768931
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
417 S OHIO AVE
78570
COUNTY
hidalgo county, TX
ORGANIZATIONAL OVERVIEW & RANKINGS
VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT VIDA is a based in MERCEDES, TX, focused on Community Improvement, Capacity Building causes , specifically Neighborhood, Block Associations. Established in September 1996, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $2,739,994.00, this ranks 127,535 among 2,656,690 nonprofits nationally (Top 5%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 7,765 out of 202,022 organizations in TX (Top 4%).
In hidalgo county, TX, the organization ranks 68 out of 2,341 nonprofits by assets (Top 3%), while locally in mercedes, it stands at 5 among 72 organizations (Top 5%).
The organization reported annual revenue of $3,345,436.00, ranking 62,346 nationally (Top 3%) and 3,248 in TX (Top 2%).
Within its specific NTEE classification (S22 - S: Community Improvement, Capacity Building), which includes 2,397 similar organizations, VALLEY INITIATIVE FOR DEVELOPMENT AND ADVANCEMENT VIDA ranks 35 in assets (Top 2%) and 18 in revenue (Top 1%).
The organization files a 990 (all other) or 990EZ return and operates on a August fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Described in section 170 b 1 a vi of the Code
Other inner city or community benefit activities
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S22: Neighborhood, Block Associations
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
09/2023
ACCOUNTING PERIOD
09
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$3,375,343.00
FORM 990 REVENUE AMOUNT
$3,345,436.00
RULING DATE
09/1996
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$2,739,994.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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