VGMHC HOLDINGS INC
EIN 93-4401335 · Single Organization Support (E11)
What they do
VGMHC HOLDINGS, INC. (HOLDINGS) WAS FORMED IN 2024 AS A PUBLIC BENEFIT CORPORATION to EXCLUSIVELY BENEFIT THE VIRGINIA GARCIA MEMORIAL HEALTH CENTER (THE CENTER). HOLDINGS WAS ESTABLISHED AS PART of A NEW MARKETS TAX CREDIT (NMTC) TRANSACTION for THE CENTERS NEWBERG WELLNESS CENTER PROJECT.THE NMTC PROGRAM is A FEDERAL SUBSIDY PROGRAM for ECONOMIC DEVELOPMENT of DEPRESSED AREAS. THE NMTC PROGRAM is DESIGNED to STIMULATE THE FLOW of INVESTMENT CAPITAL INTO UNDERSERVED AREAS BY PROVIDING TAX CREDIT INVESTMENT IN A "LOW INCOME COMMUNITY," WHICH is CLAIMED OVER A SEVEN YEAR CREDIT COMPLIANCE PERIOD. ON FEBRUARY 8, 2024, THE CENTER CLOSED A NMTC TRANSACTION of APPROXIMATELY $25.2 MILLION to DEVELOP ITS NEWBERG WELLNESS CENTER.
Should I give to this charity?
Of every $100 spent, about $0.00 was reported for mission work. Use the spending picture below and ask what results that work produced.
Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.
Basic facts we verified
IRS warning checkNo IRS revocation warning appears in this data.
Money report from 2024The charity has a recent tax report to read.
They explain their jobThe charity tells us what it is trying to do.
They name their leaders5 people are listed in the latest report.
You can reach themThey list contact information, so you can ask questions.
Money made simple
Ask these three easy questions
- Who did you help? Ask for a recent story or report that shows real results.
- What will my money do? Ask exactly what your gift will pay for.
- Is this really the charity? Give only through its official website or confirmed phone number.
Pay context: The highest compensation shown in this filing is $37,141 for GIL MUNOZ (CHAIR). Compare pay with organizations of similar size and complexity.
Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.
Financial picture
A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.
How each $100 of revenue was used
The large number compares each expense with revenue. The smaller number shows its share of total expenses.
Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.
Has the pattern changed?
Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.
Money in and money out
Reported spending amounts
Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.
See all reported dollar amounts
Leadership and board
Names, titles, time, and compensation below are reported by the organization on its Form 990.
People reported as paid
Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.
See everyone listed on the board or leadership roster (5)
GIL MUNOZCHAIR
ARACELI GAYTANTREASURER
AMY PROSENJAKSECRETARY
GREG VAN PELTMEMBER
JIM ZALESKIMEMBER
About this charity
- Recognized since
- January 2024
- Location
- PO BOX 6149, ALOHA, OR 970070149
- County
- Washington
- In care of
- ARACELI GAYTAN
- Primary officer
- ARACELI GAYTAN, TREASURER
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- April 1, 2024
- Return type
- 990
- Tax preparer
- APRIO ADVISORY GROUP LLC
- NTEE classification
- Single Organization Support (E11)
- IRS tax category
- Single Organization Support