Valle De Sol Farm Labor Housing

Organization Overview

Valle De Sol Farm Labor Housing is located in Portales, NM. The organization was established in 1977. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Valle DE Sol Farm Labor Housing generated $126.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $149.0k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HOUSING SUITED TO THE SPECIAL NEEDS OF ELIGIBLE OCCUPANTS AS DETERMINED BY RURAL DEVELOPMENT REGULATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

VALLE DEL SOL PROVIDES APARTMENTS FOR RENT TO INDIVIDUALS WITH SPECIAL NEEDS AND LIVING REQUIREMENTS AS DETERMINED BY RURAL DEVELOPMENT REGULATIONS.


VALLE DEL SOL PROVIDES APARTMENTS FOR RENT TO INDIVIDUALS WITH SPECIAL NEEDS AND LIVING REQUIREMENTS AS DETERMINED BY RURAL DEVELOPMENT REGULATIONS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $91,680
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$91,680
Total Program Service Revenue$32,609
Investment income $40
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $126,869

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