Mission
To provide senior citizen housing, economic development and community development primarily in Houston's Hispanic neighborhoods.
Public Charity
Las Villas de Magnolia Inc
Las Villas de Magnolia Inc is a nonprofit organization categorized as Public Charity based in Houston, TX. Its most recent IRS filing (2025) reports revenue of $472K, expenses of $688K, total assets of $2.9M.
EIN: 203168458
Houston, TX
Low-Income & Subsidized Rental Housing
NTEE: L21
Latest filing: 2025
Total Revenue$472K
Total Expenses$688K
Total Assets$2.9M
Grant Records0
Filing Years2020–2025
Officers & Directors
Secretary
Carlos Alvarez
Vice Chairman
Gary Flores
Chairman
Peter Clementi
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $472K | $688K | $2.9M |
| 2024 | $449K | $748K | $3.1M |
| 2023 | $455K | $624K | $3.4M |
| 2022 | $384K | $532K | $3.5M |
| 2020 | $347K | $560K | $3.9M |
Between 2020 and 2025, reported annual revenue grew from $347K to $472K (+36%), with total assets most recently reported at $2.9M.
Interactive year-over-year charts and full filing details available with membership.