Valley Land Fund Inc
- Assets
- $3.7m
- Revenue
- $25.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Mcallen, TX
- Founding
- 04/1988
- Data as of
- 09/2021
- EIN
- 74-2488227
Organization Overview
Valley Land Fund Inc is located in Mcallen, TX. The organization was established in 1988. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Land Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Valley Land Fund Inc generated $25.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (44.6%) each year. All expenses for the organization totaled $182.6k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CONSERVATION OF NATIVE HABITAT IN THE RIO GRANDE VALLEY OF TEXAS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF NATURE CONSERVATION THROUGH STEWARDSHIP OF CONSERVED PROPERTIES, PARTICIPATION IN ENVIRONMENTAL PARTNERSHIPS, PUBLICATION OF EDUCATIONAL MATERIALS, AND SPONSORSHIP OF NATURE PHOTOGRAPHY CONTEST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debralee Rodriguez Executive Director | Officer | 40 | $62,500 |
Shelia Wallace President | OfficerTrustee | 1 | $0 |
Eugene Vaughan Secretary | OfficerTrustee | 1 | $0 |
Roland Cano Treasurer | OfficerTrustee | 1 | $0 |
Bryan Duffy Vice President | OfficerTrustee | 1 | $0 |
Jesus Barba Jr Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,697 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,388 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,085 |
| Total Program Service Revenue | $7,500 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,600 |
| Net Gain/Loss on Asset Sales | -$39,428 |
| Net Income from Fundraising Events | $21,573 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,145 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,518 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $62,500 |
| Compensation of current officers, directors, key employees. | $31,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,812 |
| Payroll taxes | $6,016 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,532 |
| Office expenses | $3,287 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,500 |
| Travel | $2,375 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $314 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,239 |
| Insurance | $4,227 |
| All other expenses | $2,997 |
| Total functional expenses | $182,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,968 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $143,297 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,754,512 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,786,211 |
| Total assets | $3,735,988 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $26,000 |
| Total liabilities | $26,000 |
| Net assets without donor restrictions | $552,297 |
| Net assets with donor restrictions | $3,157,691 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,735,988 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Valley Land Fund Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Robert J Kleberg Jr And Helen C Kleberg Foundation San Antonio, TX PURPOSE: CHARITABLE | $30,000 |
Endowment Analysis
| Beg. Balance | $2,974,922 |
| Earnings | $210,399 |
| Admin Expense | $9,976 |
| Other Expense | $200,423 |
| Ending Balance | $2,974,922 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Agricultural Land Trust San Antonio, TX | $3,761,041 | $13,132,879 |
Bexar Land Trust Inc San Antonio, TX | $4,154,955 | $5,531,317 |
Realty Gift Fund Santa Fe, NM | $5,081,165 | $9,881,385 |
Road Home Corporation Baton Rouge, LA | $39,530,496 | $16,058,316 |
Hill Country Conservancy Inc Austin, TX | $8,866,303 | $1,167,096 |
Western Landowners Alliance Santa Fe, NM | $1,147,009 | $1,642,015 |
Quivira Coalition Inc Santa Fe, NM | $3,274,884 | $2,846,753 |
Santa Fe Conservation Trust Santa Fe, NM | $7,298,469 | $3,340,618 |
Bayou Land Conservancy Houston, TX | $4,064,106 | $765,528 |
Connemara Conservancy Foundation Allen, TX | $1,212,308 | $74,893 |
Taos Land Trust Taos, NM | $1,828,768 | $634,605 |
Preservation Of South West Texas Wildlife Rocksprings, TX | $229,502 | $401,086 |