2024-09-17T15:29:52-07:00 2024-03-31 742081398 FERNIE R ACEVES CPA 2323 MONTANA AVE EL PASO TX 79903 990 2023-04-01 204093582 VILLA DEL NORTE APARTMENTS INC VILL 9157722159 331 LULAC DRIVE EL PASO TX TX 79905 LUIS E GUZMAN CHAIRMAN 9157722159 2024-05-15 true false X FERNIE R ACEVES CPA P00104364 9155328833 2024-05-15 X 2023 2024-08-08 14:25:15Z LUIS E GUZMAN 331 LULAC DRIVE EL PASO TX TX 79905 1245858 false X X 2006 TX THE ORGANIZATION WAS ESTABLISHED FOR THE PURPOSE OF PROVIDING AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME DWELLERS 7 7 10 0 0 1122870 1212458 6285 8635 2610 24765 1131765 1245858 419308 25000 0 338408 319508 0 0 873092 1012072 1630808 1356580 -499043 -110722 864840 1126401 131626 104084 733214 1022317 THE ORGANIZATION WAS ESTABLISHED FOR THE PURPOSE OF PROVIDING AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES, TO RECEIVE FUNDS AND MAINTAIN FUNDS FOR THE OPERA- TION OF REAL AND PERSONAL PROPERTY. false false 531110 1356580 1237223 VILLA DEL NORTE OPERATES A 190-UNIT APARTMENT COMPLEX IN EL PASO , TEXAS. THE APARTMENT COMPLEX IS OWNED BY AN UNRELATED ENTITY, LULAC DISTRICT IV, INC. AS ESTABLISHED UNDER AN OPERATING AGREEMENT BETWEEN BOTH ENTITIES, LULAC DISTRICT IV, INC. HAS ASSIGNED SUBSTANTIALLY ALL PROCEEDS FROM THE OPERATION OF THE APARMENT COMPLEX TO VILLA DEL NORTE. SUBSTANTIALLY ALL OF VILLA OF VILLA DEL NORTE'S REVENUE AND SUPPORT IS DERIVED FROM APARTMENT RENTAL REVENUE AND RELATED SOURCES OF REVENUE. VILLA DEL NORTE'S TENANT COMMUNITY IS COMPRISED OF INDIVIDUALS AND FAMILIES WHOSE COMBINED INCOME LEVEL IS PRIMARILY BELOW 120% OF THE VERY LOW-INCOME LIMIT AS DETERMINED BY HUD FOR EL PASO COUNTY, TEXAS. THE RENTAL INCOME AND RELATED REVENUE IS UTILIZED TO PROVIDE AFFORDABLE LOW-INCOME HOUSING FOR THE ECONOMICALLY DISADVANTAGE POPULATION IN EL PASO DEL NORTE 1356580 true false false false false false false false false false true false false false true false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false X 0 0 true 10 true false false false false false false false false false false false false false false X 7 7 false false false false false false false true true false false true true false true false false true true false X LUIS E GUZMAN 9157722159 331 LULAC DRIVE EL PASO TX TX 79905 X LUIS E GUZMAN CHAIRMAN CHAIRMAN 020.00 000.00 X X 0 0 0 DANIEL ANCHONDO DIRECTOR 003.00 000.00 X 0 0 0 ROSE ORTEGA DIRECTOR 003.00 000.00 X 0 0 0 IGNACIA VALDEZ TREASURER 003.00 000.00 X X 0 0 0 MARY YANEZ VICE CHAIR 003.00 000.00 X X 0 0 0 RAY MENCERA DIRECTOR 003.00 000.00 X 0 0 0 CHRIS FRAGA SECRETARY 003.00 000.00 X X 0 0 0 false false false NONE RENT REVENUE 531110 1197351 1197351 LAUNDRY VENDING 531101 15107 15107 1212458 8635 8635 0 INSURANCE REIMBURSE 531110 24765 24765 24765 1245858 1237223 0 8635 25000 25000 255769 164649 91120 10482 6708 3774 33508 21445 12063 19749 12639 7110 21708 21708 28625 28625 7020 7020 3647 3647 1 175685 175685 REPAIR MATERIALS 335789 335789 UTILITIES 248111 248111 REAL ESTATES TAXES 105346 105346 HEATING COOLING REPAIR 55838 55838 30302 8182 22120 1356580 1159392 197187 0 201818 270190 519200 889973 34496 855477 143822 734 864840 1126401 65271 3389 1515 64840 100695 131626 104084 X 131114 420217 602100 602100 733214 1022317 864840 1126401 -110722 X false false false X 1000999 1004734 1025719 1125480 1237223 5394155 1000999 1004734 1025719 1125480 1237223 5394155 5394155 13392 11799 8737 6285 8635 48848 13392 11799 8737 6285 8635 48848 1014391 1016533 1034456 1131765 1245858 5443003 0.99102 0.98522 0.00897 0.01478 X 878772 23295 855477 11201 11201 855477 RETURNED CHECKS 350 ACCRUED PAYROLL TAXES 15 ACCRUED FUTA TAXES 369 734 ACCRUED TWC TAXES 14 401K DEDUCTION 299 EMPLOYEE ADVANCE 3 DAMAGE DEPOSITS 90379 DAMAGE DEPOSITS 2 10000 100695 true LULAC DISTRICT IV INC 331 LULAC EL PASO TX TX 79905 204093786 25000 COST SCHOLARSHIPS 1 990, Part V, Line 3b ORGANIZATION HAD INTEREST INCOME FROM BANK. 990, Part VI, Line 11b TAX RETURNS ARE REVIEWD AND DISCUSSED AT THE BOARD OF DIRECTORS MEETING AFTER THE RETURN HAS BEEN PRESENTED TO THE COMPANY. 990, Part VI, Line 12c BOARD MEMBERS ARE REQUIRED TO SIGN CONFLICT OF INTEREST STATEMENTS AT THE BEGINING OF EACH YEAR. IF ANY CONFLICTS ARISE, ITEMS ARE DISCUSSED AT BOARD MEETINGS. 990, Part VI, Line 15 COMPENSATION FOR KEY EMPLOYEES ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTOR TO DETERMINE ANY CHANGES. 990, Part VI, Line 19 ALL DOCUMENTS, TAX RETURNS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.