WESLACO, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RIO GRANDE VALLEY CHAMBER OF COMMERCE INC, founded in 1944, is a small nonprofit that reported $853K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $1.1M exceeded revenue, resulting in a 30% operating deficit.
TO PROMOTE AND ENHANCE THE ECONOMIC WELL-BEING OF ITS MEMBERSHIP AND THE RIO GRANDE VALLEY; TO FOSTER AND DEVELOP THE CHAMBER PHILOSOPHY; TO WORK WITH LOCAL CHAMBERS OF COMMERCE IN THE RIO GRANDE VALLEY; TO ENCOURAGE A SPIRIT OF COOPERATION AND RAPPORT AMONG ITS MEMBERS AND THEIR ASSOCIATED RELATIONSHIPS THROUGHOUT THE VALLEY; TO ENGAGE IN RESEARCH AND STUDY THAT IS PERTINENT TO THE NEEDS OF THE MEMBERSHIP AND ON COMPLETION OF SUCH STUDY AND RESEARCH TO MAKE THE RESULTS AVAILABLE TO THE MEMBERS; AND TO FOSTER GOODWILL AND GOOD RELATIONS WITH MEXICO.
TOURISM DEVELOPMENT - TO PROMOTE TOURISM IN THE RIO GRANDE VALLEY OF SOUTH TEXAS.
ECONOMIC DEVELOPMENT - PROJECTS TO STIMULATE ECONOMIC DEVELOPMENT IN THE RIO GRANDE VALLEY OF SOUTH TEXAS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $852,888 | $682,189 | +0.3% |
| Expenses | $1,105,511 | $619,979 | +0.8% |
| Net Income | $-252,623 | $62,210 | -5.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PATRICK MCDONNELL | CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRENT BALDREE | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEBORAH CORDOVA | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NAOMI PERALES | INCOMING CHAIRWOMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ARLENE GARZA | IMMEDIATE PAST CHAIRWOMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANABELL CARDONA | ASSISTANT SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BILLY CANALES | VICE CHAIRPERSON | 1.00 |
Director
|
$0 | $0 | $0 |
| JD SALINAS | VICE CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LARRY GONZALEZ | ASSISTANT TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LEE REED | VICE CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| AMANDA SALDANA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW WILSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CARTER BIEL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL GARCES | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL LUCIO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID IRIZARRY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| FRANCISCO DAVILA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSE MUNOZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JUAN M LOYA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KENT SHEPARD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN CAMPBELL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KRYS WEYAND | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARIA DE LA PAZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARIE GARCIA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT WOLTHOFF | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW JONES | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL WILLIAMSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RAUL GARCIA JR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RALPH COWEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RENE ALCALA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RENE CAPISTRAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RUBEN BOSQUEZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SAUL GARCIA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SARAH SAGREDO-HAMMOND | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RON GARZA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RODRIGO GOMEZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS DAVIDSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LUKE LUCIO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SERGIO CONTRERAS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERTO HADDAD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL SILVA | CEO | 20.00 |
Officer
|
$152,800 | $7,836 | $160,636 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $852,888 | $1,105,511 | $474,402 | $-252,623 |
| 2022 | $682,189 | $619,979 | $747,637 | $62,210 |
| 2021 | $678,489 | $585,053 | $612,158 | $93,436 |
| 2020 | $449,119 | $584,815 | $526,355 | $-135,696 |
| 2019 | $846,668 | $783,146 | $665,426 | $63,522 |
| 2018 | $517,581 | $539,739 | $620,083 | $-22,158 |
| 2017 | $584,221 | $568,491 | $650,752 | $15,730 |
Compare RIO GRANDE VALLEY CHAMBER OF COMMERCE INC with other nonprofits in Texas and across the country.