NonprofitsLa Merced Charitable Trust

La Merced Charitable Trust

BROWNSVILLE, TX

Total revenue

$4.5M

Total expenses

$5.6M

Net assets

$743K

Grants received

EIN

741617905

Tax year

2021

Mission

Provide 100 homes for low and moderate income families under section 8 of the national housing act, regulated by hud.

Financials

FY 2021

Revenue

Contributions & grants
Program service revenue$460K
Investment income$4.0M
Other revenue$5K
Total revenue$4.5M

Expenses

Grants paid$4.9M
Salaries & benefits$134K
Fundraising
Other expenses$493K
Total expenses$5.6M
Total assets$813K
Net assets$743K

People

6 listed

NameRoleCompensation

Rev Eduardo Ortega

Trustee

Board

1 hrs/wk

Linda V Alaniz

VICE-CHAIRPERSON

Board

1 hrs/wk

Jose L Gonzalez

Chairman

Board

1 hrs/wk

Ricardo Garcia

Trustee

Board

1 hrs/wk

Bishop Mario Aviles

Trustee

Board

1 hrs/wk

RAQUEL TURRUBIATES

INTERIM COORDINATOR

Staff

$9K

20 hrs/wk

Details

EIN741617905
Subsection04
Ruling date1971-02
Formed1968
Employees7
LA MERCED CHARITABLE TRUST — Mission, Financials & Grants Received | Grantivo