Form 990 for tax year 2024
Filed by FOOD BANK OF THE RIO GRANDE VALLEY INC.
Totals
- Total revenue
- $55,447,583
- Total expenses
- $51,566,903
- Contributions and grants received
- $54,019,637
- Grants paid
- $0
- Program service revenue
- $942,050
- Investment income
- $420,905
- Other revenue
- $64,991
- Total assets, end of year
- $28,573,026
- Total liabilities, end of year
- $1,340,041
- Net assets or fund balances, end of year
- $27,232,985
- Program services expenses (Part IX)
- $49,440,855
- Management and general expenses
- $1,603,655
- Fundraising expenses
- $522,393
- Program service expenses (Part III)
- $49,440,855
Program services were 95.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$380,252
-
1e · Government grants (contributions)
$30,409,466
-
1f · All other contributions, gifts and grants
$23,229,919
-
2a · Program service revenue: Shared Maintenance
total $942,050 · related or exempt $942,050
-
3 · Investment income
total $420,905 · related or exempt $420,905
-
8a · Fundraising events: contributions included on line 1c
$380,252
-
8c · Net income from fundraising events
total $0
-
11d · All other revenue
total $64,991 · related or exempt $64,991
-
11e · Other revenue, total
$64,991
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $4,623,635 · program services $3,253,326 · management and general $1,051,056 · fundraising $319,253
-
11g · Fees: other
total $114,983 · program services $52,904 · management and general $61,980 · fundraising $99
-
12 · Advertising and promotion
total $53,713 · fundraising $53,713
-
13 · Office expenses
total $536,976 · program services $380,729 · management and general $71,588 · fundraising $84,659
-
16 · Occupancy
total $388,720 · program services $375,793 · management and general $6,619 · fundraising $6,308
-
19 · Conferences, conventions and meetings
total $86,668 · program services $22,165 · management and general $27,187 · fundraising $37,316
-
20 · Interest
total $13,109 · program services $13,109
-
22 · Depreciation, depletion and amortization
total $757,464 · program services $497,054 · management and general $260,410
-
23 · Insurance
total $250,991 · program services $169,673 · management and general $81,318
-
24a · Other expenses: Food Distribution
total $43,800,774 · program services $43,784,071 · management and general $16,703
-
24b · Other expenses: Fuel and Mileage
total $218,212 · program services $207,999 · management and general $3,740 · fundraising $6,473
-
24c · Other expenses: Equipment Maintenance
total $432,101 · program services $421,806 · management and general $4,447 · fundraising $5,848
-
24d · Other expenses: Other
total $289,557 · program services $262,226 · management and general $18,607 · fundraising $8,724
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,429,253 · end of year $1,482,736
-
2 · Savings and temporary cash investments
beginning of year $7,996,599 · end of year $8,397,531
-
4 · Accounts receivable
beginning of year $1,002,926 · end of year $1,433,131
-
8 · Inventories for sale or use
beginning of year $3,669,853 · end of year $1,545,329
-
10a · Land, buildings and equipment: cost or other basis
$21,820,028
-
10b · Land, buildings and equipment: accumulated depreciation
$6,545,750
-
10c · Land, buildings and equipment, net
beginning of year $9,765,391 · end of year $15,274,278
-
14 · Intangible assets
beginning of year $658,407 · end of year $424,686
-
15 · Other assets
beginning of year $15,326 · end of year $15,335
-
17 · Accounts payable and accrued expenses
beginning of year $212,708 · end of year $275,076
-
19 · Deferred revenue
beginning of year $1,405,864 · end of year $722,762
-
25 · Other liabilities
beginning of year $566,878 · end of year $342,203
-
27 · Net assets without donor restrictions
beginning of year $19,759,194 · end of year $25,907,294
-
28 · Net assets with donor restrictions
beginning of year $3,593,111 · end of year $1,325,691
Mission and programs · 2024
Mission
The Food Bank of the Rio Grande Valley is passionately committed to improving lives through food assistance, nutrition education,and access to community services across the tri-county area of the lower Rio Grande Valley.
-
Distribution of commodities and in-kind donations to accomplish the programs mission.
Expenses $43,784,071
-
Wages and compensation incurred to accomplish the mission of distributing commodities and in-kind donations.
Expenses $3,253,326
-
Office expenses incurred to record, store and organize commodities and in-kind donations to accomplish the programs mission.
Expenses $380,023
-
Expenses $2,023,435
As filed on the 2024 return.
Listed in Part VII
-
Libby A Saenz
CEO
- Total calculated
- $133,772
- From this org
- $133,772
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Connie Ramos
CEO
- Total calculated
- $132,507
- From this org
- $132,507
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Rudy Zamarano
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Linda Guerrero-Deicla
President
- Total calculated
- $0
- Hours/week
- 1
-
Dr Carlos Margo
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Markus Villanueva
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Kirsten Vinson
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Cynthia Esquivel
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Aissa I Garza
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Linda Martin
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Rabbi Claudio J Kogan
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Dr Miguel Castillo III
Board Member
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
FBRGV Landlord LLC
Leasing Building & Operations · TX
Directly controlled by Food Bank of the Rio Grande
-
FBRGV Tenant LLC
Leasing Building & Operations · TX
Directly controlled by Food Bank of the Rio Grande
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
FBRGV Landlord LLC
Leasing Building & Operations · TX · assets $9,186,971
Directly controlled by Food Bank of the Rio Grande
-
FBRGV Tenant LLC
Leasing Building & Operations · TX · assets $1,740,911
Directly controlled by Food Bank of the Rio Grande
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 May 2026
- IRS schema version
- 2024v5.2
- Source object
- 202611349349300501
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