Valley Improvement Association Inc

Belen, NM
Tax-exempt since Nov. 1969
EIN: 23-7048114

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Type of Nonprofit

Designated as a 501(c)(4) Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Donations to this organization are not tax deductible.

Revenue

$92.7k (2023)

Expenses

$96.3k (2023)

Total Assets

$642k (2023)

Total Liabilities

$1.53M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$92,662

Expenses

$96,308

Net Income

-$3,646

Net Assets

-$884,163

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$77,721	83.9%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$14,941	16.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$19,777	20.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$641,542
Total Liabilities	$1,525,705
Net Assets	-$884,163

Compensation

Key Employees and Officers	Compensation	Related	Other
Paul Baca (Ceo/Presiden)	$16,894	$0	$0
Teresa Scott (Secretary)	$2,883	$0	$0

990

Filed on Nov. 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

-$34,636

Expenses

$123,319

Net Income

-$157,955

Net Assets

-$880,517

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$57,033
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$95,321
Net Inventory Sales	$0
Other Revenue	$3,652

Notable Expenses		Percent of Total Expenses
Executive Compensation	$17,055	13.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$646,308
Total Liabilities	$1,526,825
Net Assets	-$880,517

Compensation

Key Employees and Officers	Compensation	Related	Other
Paul Baca (Ceo/Presiden)	$14,010	$0	$0
Teresa Scott (Secretary)	$3,045	$0	$0
Pam Cordova (Board Member)	$0	$0	$0
Richard Sweeney (Board Member)	$0	$0	$0

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990

Filed on Nov. 13, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

-$10,892

Expenses

$333,540

Net Income

-$344,432

Net Assets

-$722,660

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$53,312
Investment Income	$26
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$15,000
Net Fundraising	$0
Sales of Assets	-$82,221
Net Inventory Sales	$0
Other Revenue	$2,991

Notable Expenses		Percent of Total Expenses
Executive Compensation	$104,865	31.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$806,813
Total Liabilities	$1,529,473
Net Assets	-$722,660

Compensation

Key Employees and Officers	Compensation	Related	Other
Paul Baca (Ceo/Presiden)	$67,986	$0	$0
Teresa Scott (Secretary)	$36,879	$0	$0
Richard Sweeney (Chairman)	$1,200	$0	$0
Pam Cordova (Vice Chairma)	$800	$0	$0

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990

Filed on Nov. 9, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$326,517

Expenses

$1,347,319

Net Income

-$1,020,802

Net Assets

$774,087

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$418,577	> 100%
Investment Income	$171	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$15,000	4.6%
Net Fundraising	$0
Sales of Assets	-$134,714
Net Inventory Sales	$0
Other Revenue	$27,483	8.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$90,385	6.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$2,299,367
Total Liabilities	$1,525,280
Net Assets	$774,087

Compensation

Key Employees and Officers	Compensation	Related	Other
Paul Baca (Ceo/Presiden)	$62,372	$0	$0
Teresa Scott (Secretary)	$28,013	$0	$0
Pam Cordova (Vice Chairma)	$0	$0	$400
Richard Sweeney (Chairman)	$0	$0	$400

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990

Filed on Nov. 2, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$828,660

Expenses

$1,247,972

Net Income

-$419,312

Net Assets

$3,395,080

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$264,355	31.9%
Investment Income	$178	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$10,000	1.2%
Net Fundraising	$0
Sales of Assets	$102,095	12.3%
Net Inventory Sales	$0
Other Revenue	$452,032	54.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$92,061	7.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$4,882,027
Total Liabilities	$1,486,947
Net Assets	$3,395,080

Compensation

Key Employees and Officers	Compensation	Related	Other
Paul Baca (Ceo/Presiden)	$60,062	$0	$0
Teresa Scott (Exec Vice Pr)	$31,999	$0	$0
Pam Cordova (Vice Chairma)	$0	$0	$400
Robert Noblin (Director)	$0	$0	$400
Richard Sweeney (Chairman)	$0	$0	$400

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990

Filed on Oct. 26, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$390,281

Expenses

$688,439

Net Income

-$298,158

Net Assets

$3,152,006

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$266,079	68.2%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$5,000	1.3%
Net Fundraising	$0
Sales of Assets	$103,450	26.5%
Net Inventory Sales	$0
Other Revenue	$15,752	4.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$409,279	59.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,025	0.1%

Assets/Debt
Total Assets	$6,110,210
Total Liabilities	$2,958,204
Net Assets	$3,152,006

Compensation

Key Employees and Officers	Compensation	Related	Other
Paul Baca (Ceo/Presiden)	$264,052	$0	$0
Teresa Scott (Vice Preside)	$145,227	$0	$0
Robert Noblin (Director)	$0	$0	$0
Richard Sweeney (Chairman)	$0	$0	$0
Pam Cordova (Vice Chairma)	$0	$0	$0

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990

Filed on Oct. 24, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$276,891

Expenses

$529,136

Net Income

-$252,245

Net Assets

$3,453,683

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$264,393	95.5%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$5,000	1.8%
Net Fundraising	$0
Sales of Assets	-$7,259
Net Inventory Sales	$0
Other Revenue	$14,757	5.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$89,931	17.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$6,584,954
Total Liabilities	$3,131,271
Net Assets	$3,453,683

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2016

Revenue

$363,939

Expenses

$675,840

Net Income

-$311,901

Net Assets

$3,702,644

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$254,580	70.0%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$5,000	1.4%
Net Fundraising	$0
Sales of Assets	$90,069	24.7%
Net Inventory Sales	$0
Other Revenue	$14,290	3.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$115,976	17.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$6,521,747
Total Liabilities	$2,819,103
Net Assets	$3,702,644

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$130,100

Expenses

$1,106,132

Net Income

-$976,032

Net Assets

$4,015,603

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$258,964	> 100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$5,000	3.8%
Net Fundraising	$0
Sales of Assets	-$176,697
Net Inventory Sales	$0
Other Revenue	$42,833	32.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$117,176	10.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$6,771,804
Total Liabilities	$2,756,201
Net Assets	$4,015,603

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$860,792

Expenses

$5,458,553

Net Income

-$4,597,761

Net Assets

$5,032,012

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$573,011	66.6%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$10,500	1.2%
Net Fundraising	$0
Sales of Assets	$14,469	1.7%
Net Inventory Sales	$0
Other Revenue	$262,812	30.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$117,484	2.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$13,292	0.2%

Assets/Debt
Total Assets	$7,437,881
Total Liabilities	$2,405,869
Net Assets	$5,032,012

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$1,120,891

Expenses

$4,445,953

Net Income

-$3,325,062

Net Assets

$8,357,476

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$534,624	47.7%
Investment Income	$2	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$42,932
Net Fundraising	$0
Sales of Assets	-$207,860
Net Inventory Sales	$0
Other Revenue	$837,057	74.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$109,061	2.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$30,816	0.7%

Assets/Debt
Total Assets	$11,758,685
Total Liabilities	$3,401,209
Net Assets	$8,357,476

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$1,238,328

Expenses

$742,004

Net Income

$496,324

Net Assets

$11,347,355

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$472,235	38.1%
Investment Income	$13	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$56,643
Net Fundraising	$0
Sales of Assets	-$402,103
Net Inventory Sales	$0
Other Revenue	$1,224,826	98.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$178,551	24.1%

Assets/Debt
Total Assets	$14,811,179
Total Liabilities	$3,463,824
Net Assets	$11,347,355

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$1,142,653

Expenses

$1,360,322

Net Income

-$217,669

Net Assets

$11,099,367

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,459,282	> 100%
Investment Income	$121	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$76,041
Net Fundraising	$0
Sales of Assets	-$1,094,761
Net Inventory Sales	$0
Other Revenue	$854,052	74.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$110,605	8.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$106,085	7.8%

Assets/Debt
Total Assets	$15,053,133
Total Liabilities	$3,953,766
Net Assets	$11,099,367

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Valley Improvement Association Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $92.7k (2023)

Expenses $96.3k (2023)

Total Assets $642k (2023)

Total Liabilities $1.53M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

No Document Links

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2010

Revenue

$92.7k (2023)

Expenses

$96.3k (2023)

Total Assets

$642k (2023)

Total Liabilities

$1.53M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004