Form 990 for tax year 2022
Filed by RIO GRANDE VALLEY LINKING ECONOMIC AND ACADEMIC DEVELOPMENT RGV LEAD.
Totals
- Total revenue
- $472,267
- Total expenses
- $364,668
- Contributions and grants received
- $59,891
- Grants paid
- $22,500
- Program service revenue
- $408,995
- Investment income
- $0
- Other revenue
- $3,381
- Total assets, end of year
- $236,055
- Total liabilities, end of year
- $275
- Net assets or fund balances, end of year
- $235,780
- Program services expenses (Part IX)
- $325,207
- Management and general expenses
- $39,461
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $325,207
Program services were 89.2% 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.
-
1f · All other contributions, gifts and grants
$59,891
-
2a · Program service revenue: SERVICES AND CONTRACTS
total $408,995 · related or exempt $408,995
-
8a · Fundraising events: gross income
$19,155
-
8b · Fundraising events: direct expenses
$30,222
-
8c · Net income from fundraising events
total -$11,067 · excluded -$11,067
-
11a · Other revenue: ADMINISTRATIVE FEE
total $14,000 · related or exempt $14,000
-
11b · Other revenue: MISCELLANEOUS INCOME
total $448 · related or exempt $448
-
11e · Other revenue, total
$14,448
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $20,000 · program services $20,000
-
2 · Grants to domestic individuals
total $2,500 · program services $2,500
-
5 · Compensation of officers, directors and key employees
total $70,044 · program services $70,044
-
7 · Other salaries and wages
total $92,254 · program services $92,254
-
9 · Other employee benefits
total $5,068 · program services $5,068
-
10 · Payroll taxes
total $12,210 · program services $12,210
-
11c · Fees: accounting
total $15,553 · management and general $15,553
-
11g · Fees: other
total $88,082 · program services $88,082
-
13 · Office expenses
total $11,827 · management and general $11,827
-
16 · Occupancy
total $11,000 · management and general $11,000
-
17 · Travel
total $2,434 · program services $2,434
-
22 · Depreciation, depletion and amortization
total $106 · management and general $106
-
23 · Insurance
total $975 · management and general $975
-
24a · Other expenses: OTHER COSTS
total $32,615 · program services $32,615
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $128,615 · end of year $161,027
-
4 · Accounts receivable
end of year $75,028
-
10a · Land, buildings and equipment: cost or other basis
$6,719
-
10b · Land, buildings and equipment: accumulated depreciation
$6,719
-
10c · Land, buildings and equipment, net
beginning of year $106 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $540 · end of year $275
-
27 · Net assets without donor restrictions
beginning of year $128,181 · end of year $235,780
Mission and programs · 2022
Mission
RGV LEAD'S PRIMARY EXEMPT PURPOSE IS TO DEVELOP A SKILLED WORKFORCE IN THE RIO GRANDE VALLEY.
-
THE TEXAS REGIONAL PATHWAYS NETWORK (TRPN) WAS LAUNCHED IN 2019 TO SUPPORT GOVERNOR ABBOTT'S TRI-AGENCY WORKFORCE INITIATIVE, THROUGH WHICH THE TEXAS EDUCATION AGENCY, TEXAS HIGHER EDUCATION COORDINATING BOARD, AND TEXAS WORKFORCE COMMISSION ARE WORKING COLLABORATIVELY TO INCREASE ECONOMIC PROSPERITY IN TEXAS BY LINKING EDUCATION AND INDUSTRY. WITH A VISION THAT ALL TEXANS ARE PREPARED TO CONTRIBUTE TO AN INCLUSIVE AND COMPETITIVE TEXAS ECONOMY, THE TRPN AIMS TO BUILD REGIONAL TALENT PIPELINES THAT SPUR ECONOMIC GROWTH ACROSS THE STATE AND ENSURE THAT ALL TEXANS HAVE THE SKILLS AND CREDENTIALS NEEDED FOR ECONOMIC ADVANCEMENT. THE TRPN IS A GROWING COMMUNITY OF REGIONS ACROSS THE STATE WORKING TO DEVELOP, REFINE, AND SCALE HIGH-QUALITY CAREER AND EDUCATION PATHWAYS. THROUGH THE NETWORK, GRANTEES CAN SHARE KNOWLEDGE AND BEST PRACTICES, MAKE STRATEGIC CONNECTIONS AND BUILD INTENTIONAL PARTNERSHIPS ACROSS REGIONS IN SERVICE OF THEIR GOALS. RGV LEAD SERVES AS THE INTERMEDIARY FOR 3 COHORTS SERVING: LA FERIA, RIO HONDO, SANTA ROSA, SAN ISIDRO, LASARA, SAN PERLITA, VANGUARD ACADEMY, DONNA AND RAYMONDVILLE. WE BRING TOGETHER SCHOOL LEADERSHIPS, EDUCATORS, WORKFORCE BOARDS, HIGHER EDUCATION INSTITUTIONS, AND EMPLOYERS TO BRING REAL CHANGE TO THE SCHOOL AND LOCAL AREA. SOME AREAS OF STUDY INCLUDE WELDING, WIND ENERGY, COMMUNICATIONS, AND HEALTH CARE--THESE AREAS OF STUDY FALL IN THE HIGH-DEMAND OCCUPATION OF THE SOUTH TEXAS REGION.
Expenses $71,882 · Revenue $176,059
-
MISCELLANEOUS LOCAL EXPENDITURES ARE REQUIRED FOR WORKSHOPS AND LUNCHES TO GAIN SUPPORT FOR AND PARTICIPATION IN THE VARIOUS PROJECTS AND PROGRAMS. THE WORKFORCE SOLUTIONS AGREEMENT IS A COLLABORATIVE PROJECT IN WHICH THE LOWER RIO GRANDE VALLEY WORKFORCE DEVELOPMENT BOARD D.B.A. WORKFORCE SOLUTIONS ENTERED INTO A CONTRACT WITH RGV LEAD TO ASSIST WITH MANAGEMENT OF SUMMER EDUCATOR EXTERNSHIPS. RGV LEAD WORKS WITH WORKFORCE SOLUTIONS, MULTIPLE SCHOOL DISTRICTS, AND OTHER PARTNERS TO ESTABLISH AND/OR ENHANCE EXISTING CAREER ACADEMIES ALIGNED WITH HOUSE BILL 5 REQUIREMENTS BY RECRUITING, TRAINING, AND SUPPORTING TEACHER EXTERNSHIPS. RGV LEAD SERVES AS A LIAISON TO SCHOOL DISTRICTS AND AS EXTERNSHIP PROJECT COORDINATOR UNDER THE TERMS OF THE CONTRACT. THE PROJECT IS ALIGNED WITH THE ACADEMIC LEADERSHIP ALLIANCE SUMMER EDUCATOR EXTERNSHIPS.
Expenses $253,325 · Grants $22,500 · Revenue $247,384
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Maricela De LeonMARICELA DE LEON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Adriana SarmientoADRIANA SARMIENTO
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Esmeralda Adame MBA EdDESMERALDA ADAME MBA EDD
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Theresa A CapistranTHERESA A CAPISTRAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anabell C CardonaANABELL C CARDONA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan MedinaJONATHAN MEDINA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Francisco AlmarazFRANCISCO ALMARAZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kristina Leal PE CfmKRISTINA LEAL PE CFM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carol G Perez EdDCAROL G PEREZ EDD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Leonardo TrevinoLEONARDO TREVINO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eloy GarzaELOY GARZA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Viviana EspinosaVIVIANA ESPINOSA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ysmael FonsecaYSMAEL FONSECA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Manny VelaMANNY VELA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Daniel KingDANIEL KING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Krista ChapaKRISTA CHAPA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Albert ByromALBERT BYROM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ricardo PenaRICARDO PENA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Leo SaenzLEO SAENZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cynthia WallsCYNTHIA WALLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mario BaraganMARIO BARAGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carlos GarzaCARLOS GARZA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rhonda SalinasRHONDA SALINAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Luis A RodriguezLUIS A RODRIGUEZ
RGV LEAD EXEC DIRECTOR
- Total calculated
- $70,044
- From this org
- $70,044
- From related orgs
- $0
- Other
- $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
-
TEXAS SOUTHMOST COLLEGE FOUNDATION
$10,000
STUDENT TUITION ASSISTANCE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421369349316362
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