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Valley Initiative For Development And Advancement

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

EIN: 742768931 ✦ Mercedes, TX ✦ Designated as a 501(c)(3)

Overview

What is Valley Initiative For Development And Advancement?

Valley Initiative for Development and Advancement, often referred to as VIDA, is a nonprofit organization situated in the Rio Grande Valley. Its primary mission is to empower low-income, unemployed, and underemployed individuals within the region by providing them with the necessary skills training to secure well-paying, high-skilled jobs. VIDA offers job training assistance to help these individuals overcome employment barriers and improve their financial stability.


Official website here: www.vidacareers.org

Is Valley Initiative For Development And Advancement legitimate?

Valley Initiative For Development And Advancement is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Initiative For Development And Advancement 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.

Here are some key statistics you may want to consider:

Executive Compensation: $170,767
Professional Fundraising Fees: $0
Other Salaries and Wages: $403,102

For more financial information, click here


Official website here: www.vidacareers.org

What is the mission statement of Valley Initiative For Development And Advancement?

The Valley Initiative for Development and Advancement, often referred to as VIDA, is an organization dedicated to assisting low-income, jobless, and underemployed individuals residing in the Rio Grande Valley. Its mission is to equip these individuals with the necessary training to secure high-skilled, well-compensated positions. By providing this vital support, VIDA aims to contribute to the economic prosperity of its community.


Official website here: www.vidacareers.org

Who is the CEO of Valley Initiative For Development And Advancement?

Felida Villarreal is the Chairperson of Valley Initiative For Development And Advancement.


Official website here: www.vidacareers.org

What is the revenue of Valley Initiative For Development And Advancement?

Valley Initiative For Development And Advancement's revenue in 2022 was $2,551,169.


Official website here: www.vidacareers.org

Who are the executives of Valley Initiative For Development And Advancement and what are their salaries?

The average compensation at Valley Initiative For Development And Advancement during 2022 was $52,170. There are 11 employees and 75 volunteers at Valley Initiative For Development And Advancement.

Here are 16 key members and their salaries:

    Priscilla Alvarez (Former Exec Dir)
  • Compensation: $101,359
  • Related: $0
  • Other: $0

    • Felida Villarreal (Executive Director)
  • Compensation: $69,408
  • Related: $0
  • Other: $0

    • Tony Aguirre (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Msgr Herberto M Diaz Jr (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jose Hinojosa (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eduardo Anaya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christina Caldera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Oliveira (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Bingham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fr Kevin Collins Omi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Apolonio Borrego Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Al Villarreal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeannie Fagan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Moses Robledo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reynaldo Perez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abdiel Ramirez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.vidacareers.org

    Where can I find the form 990 for Valley Initiative For Development And Advancement?

    The Valley Initiative For Development And Advancement’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.vidacareers.org

    Learn more at the official website: www.vidacareers.org

    Mission Statement of Valley Initiative For Development And Advancement

    Valley Initiative For Development And Advancement, often referred to as VIDA, is an organization dedicated to assisting low-income, unemployed, and underemployed individuals in the Rio Grande Valley. The mission of VIDA is to provide these individuals with the necessary job training to secure high-skilled, high-wage positions. By offering this service, VIDA aims to help improve the economic stability and prospects of its community members.

    Impact

    This information is meant to be a general summary of Valley Initiative For Development And Advancement. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Valley Initiative For Development And Advancement (VIDA) has significantly impacted the Rio Grande Valley community by providing job training assistance to low-income, unemployed, and underemployed residents. Through VIDA's programs, individuals are equipped with the necessary skills and training to secure high-skilled, high-wage jobs, ultimately improving their economic prospects and quality of life. The organization's commitment to empowering individuals and enhancing the workforce in Mercedes, Texas, exemplifies its dedication to community improvement.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $1,289
  • Program Service Revenue: $81,000
  • Gross Receipts: $2,589,985

    • Assets and Liabilities:
  • Total Assets: $2,040,935
  • Total Liabilities: $1,104,161
  • Net Assets: $936,774
  • Programs

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

    FEE FOR SERVICES

    Revenue

    $81,000

    Organization Details

    Founding Year

    1995

    Principal Officer

    Felida Villarreal

    Main Address

    417 S OHIO AVENUE, MERCEDES, TX, 78570

    NTEE Category

    Code: S22 - Community improvement

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