Civic Intelligence

Villa Del Norte Apartments Inc

EIN 20-4093582 • 501(c)3 • El Paso TX, TX

Profile

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 operation of real and personal property.

331 Lulac DriveEl Paso TX, TX 79905

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.10x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

53rd percentile

0.09x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

39th percentile

0.2%

Higher net margin than 39% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

44th percentile

1.6%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

48th percentile

5.8%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,144,175

Up $17,774 (+1.6%) from 2024

Liabilities

Up

$116,926

Up $12,842 (+12%) from 2024

Net Assets

Up

$1,027,249

Up $4,932 (+0.5%) from 2024

Revenue

Up

$1,318,159

Up $72,301 (+5.8%) from 2024

Expenses

Down

$1,316,137

Down $40,443 (-3.0%) from 2024

Net Income

Up

$2,022

Up $112,744 (+102%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2012: $1,321,037Liabilities 2012: $54,071Net Assets 2012: $1,266,9662012Assets 2013: $1,329,375Liabilities 2013: $44,656Net Assets 2013: $1,284,7192013Assets 2014: $1,309,146Liabilities 2014: $31,367Net Assets 2014: $1,277,7792014Assets 2015: $1,412,565Liabilities 2015: $28,836Net Assets 2015: $1,383,7292015Assets 2016: $1,444,014Liabilities 2016: $24,922Net Assets 2016: $1,419,0922016Assets 2017: $1,414,647Liabilities 2017: $23,717Net Assets 2017: $1,390,9302017Assets 2018: $1,462,543Liabilities 2018: $42,445Net Assets 2018: $1,420,0982018Assets 2019: $1,446,988Liabilities 2019: $28,386Net Assets 2019: $1,418,6022019Assets 2020: $1,125,282Liabilities 2020: $29,185Net Assets 2020: $1,096,0972020Assets 2021: $1,199,825Liabilities 2021: $41,648Net Assets 2021: $1,158,1772021Assets 2022: $1,272,206Liabilities 2022: $39,949Net Assets 2022: $1,232,2572022Assets 2023: $864,840Liabilities 2023: $131,626Net Assets 2023: $733,2142023Assets 2024: $1,126,401Liabilities 2024: $104,084Net Assets 2024: $1,022,3172024Assets 2025: $1,144,175Liabilities 2025: $116,926Net Assets 2025: $1,027,2492025

Highlighted filing

2025

Assets$1,144,175
Liabilities$116,926
Net Assets$1,027,249

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2012: $836,398Expenses 2012: $748,124Net Income 2012: $88,2742012Revenue 2013: $816,152Expenses 2013: $798,399Net Income 2013: $17,7532013Revenue 2014: $831,916Expenses 2014: $838,856Net Income 2014: -$6,9402014Revenue 2015: $880,059Expenses 2015: $774,109Net Income 2015: $105,9502015Revenue 2016: $878,525Expenses 2016: $843,162Net Income 2016: $35,3632016Revenue 2017: $864,005Expenses 2017: $892,167Net Income 2017: -$28,1622017Revenue 2018: $939,720Expenses 2018: $910,552Net Income 2018: $29,1682018Revenue 2019: $947,767Expenses 2019: $949,263Net Income 2019: -$1,4962019Revenue 2020: $1,014,391Expenses 2020: $983,534Net Income 2020: $30,8572020Revenue 2021: $1,016,533Expenses 2021: $954,453Net Income 2021: $62,0802021Revenue 2022: $1,036,082Expenses 2022: $962,002Net Income 2022: $74,0802022Revenue 2023: $1,131,765Expenses 2023: $1,630,808Net Income 2023: -$499,0432023Revenue 2024: $1,245,858Expenses 2024: $1,356,580Net Income 2024: -$110,7222024Revenue 2025: $1,318,159Expenses 2025: $1,316,137Net Income 2025: $2,0222025

Highlighted filing

2025

Revenue$1,318,159
Expenses$1,316,137
Net Income$2,022

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.14$0.12$1.03$1.32$1.32$0.00
2024Detailed filing. Detailed filing data is available for this year.$1.13$0.10$1.02$1.25$1.36$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.86$0.13$0.73$1.13$1.63$0.50
2022Detailed filing. Detailed filing data is available for this year.$1.27$0.04$1.23$1.04$0.96$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.20$0.04$1.16$1.02$0.95$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.13$0.03$1.10$1.01$0.98$0.03
2019Summary only. Only limited summary data is available for this year.$1.45$0.03$1.42$0.95$0.95$0.00
2018Summary only. Only limited summary data is available for this year.$1.46$0.04$1.42$0.94$0.91$0.03
2017Summary only. Only limited summary data is available for this year.$1.41$0.02$1.39$0.86$0.89$0.03
2016Summary only. Only limited summary data is available for this year.$1.44$0.02$1.42$0.88$0.84$0.04
2015Summary only. Only limited summary data is available for this year.$1.41$0.03$1.38$0.88$0.77$0.11
2014Summary only. Only limited summary data is available for this year.$1.31$0.03$1.28$0.83$0.84$0.01
2013Summary only. Only limited summary data is available for this year.$1.33$0.04$1.28$0.82$0.80$0.02
2012Summary only. Only limited summary data is available for this year.$1.32$0.05$1.27$0.84$0.75$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Apr 12, 2025
Return Version
2024v5.1
Gross Receipts
$1,318,159
Mission and Program Overview

Mission

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 operation of real and personal property.

The organization was established for the purpose of providing affordable housing for low and moderate income dwellers

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$855,477$1,098,798▲ $243,321
Cash and Non-Interest-Bearing Accounts$270,190$45,008▼ $225,182
Total Assets$1,126,401$1,144,175▲ $17,774
Other Assets Total$734$369▼ $365
Liabilities
Other Liabilities$100,695$116,926▲ $16,231
Accounts Payable and Accrued Expenses$3,389--
Total Liabilities$104,084$116,926▲ $12,842
Net Assets / Fund Balance
Net Assets With Donor Restrictions$602,100$602,100→ $0
Net Assets Without Donor Restrictions$420,217$425,149▲ $4,932
Total Net Assets Fund Balance$1,022,317$1,027,249▲ $4,932
Total Liabilities and Net Assets / Fund Balance$1,126,401$1,144,175▲ $17,774

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,098,798$58,974$1,157,772
Equipment-$11,201$11,201
Other Assets Org$369--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Luis E Guzman ChairmanChairman
Mary YanezVice Chair
Daniel AnchondoDirector
Ray MenceraDirector
Rose OrtegaDirector
Chris FragaSecretary
Ignacia RamirezTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,293,809
Investment Income
$1
Other Revenue
$24,349
Change in Net Assets
$2,022
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$901,221
Salaries, Compensation, and Employee Benefits$387,916
Grants and Similar Amounts Paid$27,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$224,021$96,780-$320,801
Insurance$180,660--$180,660
Depreciation Depletion---$35,679
Other Employee Benefits$21,729$9,312-$31,041
Grants to Domestic Individuals$27,000--$27,000
Payroll Taxes$17,333$7,429-$24,762
Office Expenses-$11,443-$11,443
Travel$11,402--$11,402
Pension Plan Contributions$7,918$3,394-$11,312
Interest$7,704--$7,704
All Other Expenses$5,640$1,880-$7,520
Fees for Services Accounting-$7,512-$7,512
Fees for Services Legal-$6,744-$6,744
Other Expenses$5,690--$5,690
Total Functional Expenses$1,135,964$144,494$0$1,316,137
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$116,766
Accrued Twc Taxes$160
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

990, Part VI, Line 11B

Tax returns are reviewed and discussed at the board of directorsmeeting after the return has been presented to the organization

990, Part VI, Line 12C

Board of directors are required to sign conflict of interest statements atthe beginning of ear year. If any conflicts arise, items are discussed at board meetings

990, Part VI, Line 15

Compensation for key employees are reviewed annuall7 by the board of directors to determine any changes.

990, Part VI, Line 19

All documents, tax returns and financial statements are made available upon request

Filing and Contact Details

Filer

Filer Name
Villa Del Norte Apartments Inc
EIN
20-4093582
Phone
9157722159
Address
331 LULAC DRIVE, EL PASO TX, TX 79905

Signing Officer

Name
Luis E Guzman
Title
Chairman
Phone
9157722159
Signed
2025-04-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Luis E Guzman
Formed
2006
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
10

Preparer

Firm
Fernie R Aceves CPA
Address
2323 MONTANA AVE, EL PASO, TX 79903
Preparer
Fernie R Aceves CPA
Phone
9155328833
Supplemental Narrative

Additional Explanations

990, Part V, Line 3B

Organization had interest income from bank

Raw XML AppendixShowing 400 of 405 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0VILLA 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
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IRS990/ProgramServiceRevenueGrp/Desc2STORAGE RENT REVENU
IRS990/ProgramServiceRevenueGrp/Desc3INCOME LATE CHARGES
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06285
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt08737
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt011799
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01125480
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01004734
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06285
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt08737
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt011799
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSITS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION HAD INTEREST INCOME FROM BANK
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TAX RETURNS ARE REVIEWED AND DISCUSSED AT THE BOARD OF DIRECTORSMEETING AFTER THE RETURN HAS BEEN PRESENTED TO THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD OF DIRECTORS ARE REQUIRED TO SIGN CONFLICT OF INTEREST STATEMENTS ATTHE BEGINNING OF EAR YEAR. IF ANY CONFLICTS ARISE, ITEMS ARE DISCUSSED AT BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR KEY EMPLOYEES ARE REVIEWED ANNUALL7 BY THE BOARD OF DIRECTORS TO DETERMINE ANY CHANGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DOCUMENTS, TAX RETURNS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST
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IRS990/TotalProgramServiceExpensesAmt01150220
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01144175
IRS990/TravelGrp/ProgramServicesAmt011402
IRS990/TravelGrp/TotalAmt011402
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IRS990/USAddress/CityNm0EL PASO TX
IRS990/USAddress/StateAbbreviationCd0TX
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LUIS E GUZMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09157722159
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VILLA DEL NORTE APARTMENTS INC
ReturnHeader/Filer/BusinessNameControlTxt0VILL
ReturnHeader/Filer/EIN0204093582
ReturnHeader/Filer/PhoneNum09157722159
ReturnHeader/Filer/USAddress/AddressLine1Txt0331 LULAC DRIVE
ReturnHeader/Filer/USAddress/CityNm0EL PASO TX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079905
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FERNIE R ACEVES CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02323 MONTANA AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EL PASO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079903
ReturnHeader/PreparerPersonGrp/PhoneNum09155328833
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FERNIE R ACEVES CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X

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