VILLA DEL NORTE APARTMENTS INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

LUIS E GUZMAN

Phone

9157722159

Tax Period

2024-04-01 to 2025-03-31

VILLA DEL NORTE APARTMENTS INC, founded in 2006, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2024.

Mission

THE ORGANIZATION WAS ESTABLISHED FOR THE PURPOSE OF PROVIDING AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES, TO RECEIVE FUNDS AND MAINTAIN FUNDS FOR THE OPERA- TION OF REAL AND PERSONAL PROPERTY.

Program Service Accomplishments

Program 1

Expenses: $1,150,220 Revenue: $1,293,809

VILLA DEL NORTE OPERATES A 190-UNIT APARTMENT COMPLEX IN EL PASO , TEXAS. THE APARTMENT COMPLEX IS OWNED BY AN UNRELATED ENTITY, LULAC DISTRICT IV, INC. AS ESTABLISHED UNDER AN OPERATING AGREEMENT...

VILLA DEL NORTE OPERATES A 190-UNIT APARTMENT COMPLEX IN EL PASO , TEXAS. THE APARTMENT COMPLEX IS OWNED BY AN UNRELATED ENTITY, LULAC DISTRICT IV, INC. AS ESTABLISHED UNDER AN OPERATING AGREEMENT BETWEEN BOTH ENTITIES, LULAC DISTRICT IV, INC. HAS ASSIGNED SUBSTANTIALLY ALL PROCEEDS FROM THE OPERATION OF THE APARMENT COMPLEX TO VILLA DEL NORTE. SUBSTANTIALLY ALL OF VILLA OF VILLA DEL NORTE'S REVENUE AND SUPPORT IS DERIVED FROM APARTMENT RENTAL REVENUE AND RELATED SOURCES OF REVENUE. VILLA DEL NORTE'S TENANT COMMUNITY IS COMPRISED OF INDIVIDUALS AND FAMILIES WHOSE COMBINED INCOME LEVEL IS PRIMARILY BELOW 120% OF THE VERY LOW-INCOME LIMIT AS DETERMINED BY HUD FOR EL PASO COUNTY, TEXAS. THE RENTAL INCOME AND RELATED REVENUE IS UTILIZED TO PROVIDE AFFORDABLE LOW-INCOME HOUSING FOR THE ECONOMICALLY DISADVANTAGE POPULATION IN EL PASO DEL NORTE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,293,809

Investment Income $1

Other Revenue $24,349

TOTAL REVENUE $1,318,159

Expense Breakdown

Grants Paid $27,000

Salaries & Benefits $387,916

Fundraising Expenses $0

Program Expenses $1,150,220

Other Expenses $901,221

TOTAL EXPENSES $1,316,137

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,318,159	$1,245,858	+0.1%
Expenses	$1,316,137	$1,356,580	0.0%
Net Income	$2,022	$-110,722	-1.0%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LUIS E GUZMAN CHAIRMAN	CHAIRMAN	005.00	Officer Director	$0	$0	$0
DANIEL ANCHONDO	DIRECTOR	001.00	Director	$0	$0	$0
ROSE ORTEGA	DIRECTOR	001.00	Director	$0	$0	$0
IGNACIA RAMIREZ	TREASURER	001.00	Officer Director	$0	$0	$0
MARY YANEZ	VICE CHAIR	001.50	Officer Director	$0	$0	$0
RAY MENCERA	DIRECTOR	001.00	Director	$0	$0	$0
CHRIS FRAGA	SECRETARY	001.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2026	No data	No data	No data	No data
2025	$1,318,159	$1,316,137	$1,144,175	$2,022
2024	$1,245,858	$1,356,580	$1,126,401	$-110,722
2023	$1,131,765	$1,630,808	$864,840	$-499,043
2022	$1,036,082	$962,002	$1,272,206	$74,080
2021	$1,016,533	$954,453	$1,199,825	$62,080
2020	$1,014,391	$983,534	$1,125,282	$30,857