Nonprofit · EIN 85-0250098
VALLE DE SOL FARM LABOR HOUSING
Tax-exempt · PORTALES, NM 88130
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $229,103 | $254,051 | -$24,948 | $267,824 | $68,152 | $199,672 |
| December 31, 2023 | 990 | $170,622 | $207,878 | -$37,256 | $322,453 | $62,292 | $260,161 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $190,532
- of which government grants
- $190,532
- Program service revenue
- $37,435
- Investment income
- $370
- Other revenue
- $766
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $60,790
- Salaries, compensation and benefits (total)
- $84,675
- Professional fundraising fees
- $0
- Accounting fees
- $1,700
- Occupancy
- $39,934
- Travel
- $3,564
- Depreciation
- $25,135
- Program services (functional)
- $238,206
- Management and general (functional)
- $15,845
Balance sheet and other
- Total assets, start of year
- $322,453
- Total assets, end of year
- $267,824
- Total liabilities, end of year
- $68,152
- Net assets, end of year
- $199,672
- Land, buildings and equipment
- $77,083
- Net assets without donor restrictions
- $199,672
- Gross receipts
- $229,103
- Employees
- 0
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 |
|---|---|---|---|
| MARY MARTINEZ | PRESIDENT Officer | – | $0 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARY MARTINEZ | PRESIDENT Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 1300 WEST IVY, PORTALES, NM 88130-5276
- Principal officer (990 for 2024)
- MARY MARTINEZ
- Signed the 990
- MARY MARTINEZ, PRESIDENT
- Return prepared by
- FOX GARCIA AND COMPANY LLC
Mission
TO PROVIDE HOUSING SUITED TO THE SPECIAL NEEDS OF ELIGIBLE OCCUPANTS AS DETERMINED BY RURAL DEVELOPMENT REGULATIONS.
Program accomplishments
- VALLE DEL SOL PROVIDES APARTMENTS FOR RENT TO INDIVIDUALS WITH SPECIAL NEEDS AND LIVING REQUIREMENTS AS DETERMINED BY RURAL DEVELOPMENT REGULATIONS.Expenses $213,071 · revenue $37,435
- VALLE DEL SOL PROVIDES APARTMENTS FOR RENT TO INDIVIDUALS WITH SPECIAL NEEDS AND LIVING REQUIREMENTS AS DETERMINED BY RURAL DEVELOPMENT REGULATIONS.Expenses $25,135
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
- 85-0250098
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1977
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $267,824
- Income (IRS master file)
- $229,103
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $229,103 | $254,051 | $267,824 | XML |
| 990 | December 2023 | $170,622 | $207,878 | $322,453 | XML |
| 990 | December 2022 | $142,174 | $167,870 | $395,614 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 85-0250098).
Questions about VALLE DE SOL FARM LABOR HOUSING
- What is the EIN of VALLE DE SOL FARM LABOR HOUSING?
- The employer identification number (EIN) of VALLE DE SOL FARM LABOR HOUSING is 85-0250098.
- Is VALLE DE SOL FARM LABOR HOUSING tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to VALLE DE SOL FARM LABOR HOUSING tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALLE DE SOL FARM LABOR HOUSING 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 VALLE DE SOL FARM LABOR HOUSING 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 VALLE DE SOL FARM LABOR HOUSING 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 VALLE DE SOL FARM LABOR HOUSING?
- The 990 for the year ended December 31, 2024 names MARY MARTINEZ.
- Who are the officers and directors of VALLE DE SOL FARM LABOR HOUSING?
- The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does VALLE DE SOL FARM LABOR HOUSING have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $229,103, expenses of $254,051 and total assets of $267,824 at year end.
Other nonprofits in PORTALES
- PORTALES RETIREMENT HOUSING CORPORATION EIN 85-0249296 · last filed 990 for 2024
- ROOSEVELT COUNTY ELECTRIC COOPERATIVE INCORPORATED EIN 85-0065332 · last filed 990 for 2024
- LA CASA DE BUENA SALUD INC EIN 23-7429653 · last filed 990 for 2025
- EASTERN NEW MEXICO UNIVERSITY FOUNDATION EIN 85-0266258 · last filed 990 for 2025
- NEW MEXICO CHRISTIAN CHILDRENS HOME INC EIN 85-6018576 · last filed 990 for 2025
- THE NEW MEXICO BAPTIST CHILDRENS HOME EIN 85-0437099 · last filed 990 for 2024
- COMMUNITY SERVICES CENTER EIN 85-6013260 · last filed 990 for 2025
- ROOSEVELT COUNTY WATER COOPERATIVE INC EIN 85-0217679 · last filed 990 for 2025
All nonprofits in PORTALES · New Mexico · Housing and shelter