RIO GRANDE VALLEY GME CONSORTIUM

EIN: 473536823 501(c)(3) Health Care

MCALLEN, TX

Total Revenue
$1,032,831
Total Expenses
$1,104,238
Total Assets
$10,116
Net Assets
$10,116
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
TX
Principal Officer
CARLOS CARDENAS MD
Phone
9563623072
Tax Period
2024-01-01 to 2024-12-31

RIO GRANDE VALLEY GME CONSORTIUM, founded in 2015, is a community nonprofit in the Health Care sector that reported $1.0M in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring.

Mission

The Corporation is organized and shall be operated exclusively to carry outthe providing of funding for community outreach, education, research,charitable care, family assistance to individuals in need and payments of GME Physician wages in support of medical training - all towards attempting tocreate a culture of health and well-being in the Rio Grande Valley.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,032,831
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,032,831

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,032,831
Fundraising Expenses $0
Program Expenses $1,032,831
Other Expenses $71,407
TOTAL EXPENSES $1,104,238

Year-over-Year Comparison

2024 2023 Change
Revenue $1,032,831 $1,585,105 -0.3%
Expenses $1,104,238 $1,544,009 -0.3%
Net Income $-71,407 $41,096 -2.7%
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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Governance

Voting Members
9
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLOS CARDENAS MD Chairman 1.00
Director
$0 $0 $0
MARTIN GARZA MD VICE CHAIRMAN 1.00
Director
$0 $0 $0
ANA H ALMEDA MD Director 1.00
Director
$0 $0 $0
P DESAI MD Treasurer 1.00
Director
$0 $0 $0
VANESSA L LOPEZ Director 1.00
Director
$0 $0 $0
AMOUR FORSE MD PHD Director 1.00
Director
$0 $0 $0
ROBERTO HADDAD Director 1.00
Director
$0 $0 $0
CONNIE HUMPHREY Director 1.00
Director
$0 $0 $0
FELIX RODRIGUEZ Director 1.00
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
2024 $1,032,831 $1,104,238 $10,116 $-71,407
2023 $1,585,105 $1,544,009 $81,523 $41,096
2022 $252,227 $265,800 $40,427 $-13,573
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