RIO GRANDE VALLEY APARTMENT ASSOCI… - Form 990 Financial Data

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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

1974

Legal Domicile

Principal Officer

PAULINE SALINAS

Phone

9569949995

Tax Period

2024-01-01 to 2024-12-31

RIO GRANDE VALLEY APARTMENT ASSOCIATION, founded in 1974, is a small nonprofit that reported $340K in total revenue in fiscal year 2024. Revenue surged 79% from the prior year, signaling strong growth momentum. The organization ran a surplus of $98K, a strong 29% operating margin.

Mission

The primary purpose of this organization is to provide manager and owners of residential units an organization to solve their problems, to disseminate information beneficial to them

Program Service Accomplishments

Program 1

FUND SERVICES

Program 2

N/A

Program 3

N/A

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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 $282,473

Investment Income $0

Other Revenue $57,831

TOTAL REVENUE $340,304

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,171

Fundraising Expenses $0

Other Expenses $181,712

TOTAL EXPENSES $241,883

Year-over-Year Comparison

	2024	2023	Change
Revenue	$340,304	$189,963	+0.8%
Expenses	$241,883	$180,743	+0.3%
Net Income	$98,421	$9,220	+9.7%

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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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

$8,237

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
ANN MARIE GARZA	PRESIDENT	Officer	$0	$0	$0
CRYSTAL MOYA	VICE PRESIDENT	Officer	$0	$0	$0
EMELDA SALAZAR	TREASURER	Officer	$0	$0	$0
STEVE URBINA	SECRETARY	Officer	$0	$0	$0
SONIA MUNOZ	IMMEDIATE PAST PRESIDENT	Officer	$0	$0	$0
BRENDA CASTILLO	DIRECTOR	Director	$0	$0	$0
DAVID CORTEZ	DIRECTOR	Director	$0	$0	$0
LEE JINKS	DIRECTOR	Director	$0	$0	$0
CAROLYN VELA	DIRECTOR	Director	$0	$0	$0
ANNA BATTLES	DIRECTOR	Director	$0	$0	$0
FERNANDA ZAVALA	DIRECTOR	Director	$0	$0	$0
MARTIN DELGADO	DIRECTOR	Director	$0	$0	$0
SANDRA DIAZ	DIRECTOR	Director	$0	$0	$0
CYNTHIA CARRILLO	DIRECTOR	Director	$0	$0	$0
RAFAEL DELGADO	DIRECTOR	Director	$0	$0	$0
MIGUEL MARTINEZ	DIRECTOR	Director	$0	$0	$0
PAULINE SALINAS	ASSOCIATION EXECUTIVE	Highest	$47,294	$0	$47,294
SAMANTHA P PEREZ	ASSISTANT	Key Emp	$8,237	$0	$8,237

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	$340,304	$241,883	$361,652	$98,421
2023	$189,963	$180,743	$265,966	$9,220
2022	$179,885	$187,780	$258,337	$-7,895
2021	$194,605	$141,116	$261,856	$53,489
2020	$232,524	$123,841	$218,556	$108,683
2018	$172,978	$169,447	$74,108	$3,531

RIO GRANDE VALLEY APARTMENT ASSOCIATION