Nonprofit · EIN 74-2938538
VALLEY ALLIANCE OF MENTORS FOR
Also known as V A M O S
Tax-exempt · MCALLEN, TX 78501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $540,915 | $432,411 | $108,504 | $1,238,047 | $64,259 | $1,173,788 |
| December 31, 2023 | 990 | $506,081 | $445,842 | $60,239 | $1,132,884 | $63,418 | $1,069,466 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $100,855
- Program service revenue
- $0
- Investment income
- $29,972
- Net income from fundraising events
- $410,088
- Other revenue
- $410,088
Expenses
- Grants and similar amounts paid
- $207,365
- Other salaries and wages
- $124,450
- Salaries, compensation and benefits (total)
- $153,170
- Professional fundraising fees
- $0
- Accounting fees
- $7,760
- Occupancy
- $1,689
- Depreciation
- $3,486
- Program services (functional)
- $293,891
- Management and general (functional)
- $84,299
- Fundraising (functional)
- $54,221
Balance sheet and other
- Total assets, start of year
- $1,132,884
- Total assets, end of year
- $1,238,047
- Total liabilities, end of year
- $64,259
- Net assets, end of year
- $1,173,788
- Net assets without donor restrictions
- $1,173,788
- Gross receipts
- $786,222
- Employees
- 2
- Volunteers
- 181
- Year formed
- 1996
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD CANTU | MEMBER Trustee or director | 10 | $0 |
| ARMANDO ADAME | MEMBER Trustee or director | 10 | $0 |
| RANDY PEREZ | MEMBER Trustee or director | 10 | $0 |
| SERGIO CONTRERAS | MEMBER Trustee or director | 10 | $0 |
| S DAVID DEANDA Jr | MEMBER Trustee or director | 10 | $0 |
| DR DANIEL KING | MEMBER Trustee or director | 10 | $0 |
| DR JOSE GONZALEZ | MEMBER Trustee or director | 10 | $0 |
| DR ANABELLE PALOMO | MEMBER Trustee or director | 10 | $0 |
| ALONZO CANTU | CHAIRMAN EMERITUS Trustee or director, Officer | 10 | $0 |
| DR ARMANDO MONCADA | PRESIDENT Trustee or director, Officer | 10 | $0 |
| SONIA A FALCON | VICE PRESIDENT Trustee or director, Officer | 10 | $0 |
| ELISEO SALINAS Jr | SECRETARY Trustee or director, Officer | 10 | $0 |
| MARY DE LEON | EXECUTIVE DIRECTOR Key employee | 40 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| S DAVID DEANDA Jr | MEMBER Trustee or director | 10 | $0 |
| JOHNNY OLIVA | MEMBER Trustee or director | 10 | $0 |
| RANDY PEREZ | MEMBER Trustee or director | 10 | $0 |
| DR ANABELLE PALOMO | MEMBER Trustee or director | 10 | $0 |
| DR JOSE GONZALEZ | MEMBER Trustee or director | 10 | $0 |
| DR DANIEL KING | MEMBER Trustee or director | 10 | $0 |
| RICHARD CANTU | MEMBER Trustee or director | 10 | $0 |
| ARMANDO ADAME | MEMBER Trustee or director | 10 | $0 |
| DR ARMANDO MONCADA | PRESIDENT Trustee or director, Officer | 10 | $0 |
| ALONZO CANTU | CHAIRMAN EMERITUS Trustee or director, Officer | 10 | $0 |
| ELISEO SALINAS Jr | SECRETARY Trustee or director, Officer | 10 | $0 |
| SONIA A FALCON | VICE PRESIDENT Trustee or director, Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 800 N MAIN ST STE 410, MCALLEN, TX 78501-4971
- In care of
- % ARMANDO MONCADA
- Principal officer (990 for 2024)
- DR ARMANDO MONCADA, 800 N MAIN STREET STE 410, Mcallen, TX 78501
- Signed the 990
- ARMANDO MONCADA, PRESIDENT
- Phone
- (956) 800-4085
- Website
- WWW.VAMOSSCHOLARS.ORG
- Return prepared by
- Oscar R Gonzalez CPA & Associates
Mission
To provide renewable scholarships to all deserving hispanic students in Hidalgo, Cameron, and Starr counties for the purpose of completing a secondary education.
Program accomplishments
- The organizations purpose is to provide scholarships, financial assistance, and educational opportunities to low income high school graduates living in the Rio Grande Valley.Expenses $293,891 · grants $207,365
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 74-2938538
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $1,238,047
- Income (IRS master file)
- $786,222
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $540,915 | $432,411 | $1,238,047 | XML |
| 990 | December 2023 | $506,081 | $445,842 | $1,132,884 | XML |
| 990 | December 2022 | – | – | – | IRS |
| 990 | August 2022 | $649,820 | $488,734 | $1,123,433 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-2938538).
Questions about VALLEY ALLIANCE OF MENTORS FOR
- What is the EIN of VALLEY ALLIANCE OF MENTORS FOR?
- The employer identification number (EIN) of VALLEY ALLIANCE OF MENTORS FOR is 74-2938538.
- Is VALLEY ALLIANCE OF MENTORS FOR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to VALLEY ALLIANCE OF MENTORS FOR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALLEY ALLIANCE OF MENTORS FOR file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VALLEY ALLIANCE OF MENTORS FOR due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VALLEY ALLIANCE OF MENTORS FOR last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of VALLEY ALLIANCE OF MENTORS FOR?
- The 990 for the year ended December 31, 2024 names DR ARMANDO MONCADA.
- Who are the officers and directors of VALLEY ALLIANCE OF MENTORS FOR?
- The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does VALLEY ALLIANCE OF MENTORS FOR have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $540,915, expenses of $432,411 and total assets of $1,238,047 at year end.
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