Camara De Comercio De Ponce Y Sur De Puerto Rico
- Assets
- $255.2k
- Revenue
- $431.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Ponce, PR
- Founding
- 09/2007
- Data as of
- 06/2023
- EIN
- 66-0190492
Organization Overview
Camara De Comercio De Ponce Y Sur De Puerto Rico is located in Ponce, PR. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Camara DE Comercio DE Ponce Y Sur DE Puerto Rico employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Camara DE Comercio DE Ponce Y Sur DE Puerto Rico is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, Camara DE Comercio DE Ponce Y Sur DE Puerto Rico generated $431.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $381.0k during the year ending 06/2023. While expenses have increased by 1.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SEMINARS TO MEMBERS SUCH AS FORUMS, WORKSHOPS, BUSINESS LUNCHES, WORK COMMISSIONS, MAILING SERVICES, ANNUAL PUBLICATIONS, EXPO CAMARA TRADE FAIRS AND OTHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPO CAMARAS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tairy M Ortiz Rodriguez Executive Director | OfficerTrustee | 40 | $22,239 |
Noris Torres Santiago Secretary | Trustee | 2 | $0 |
Carmen I Luna Echevarria Treasurer | Trustee | 2 | $0 |
Luis R Vazquez Rivera President | Trustee | 2 | $0 |
Fernando J Rodriguez Quinones First Vicepresident | Trustee | 2 | $0 |
Jose A Reyes Feliciano Second Vicepresident | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $90,217 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,917 |
| All other contributions, gifts, grants, and similar amounts not included above | $52,562 |
| Noncash contributions included in lines 1a–1f | $39,954 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,696 |
| Total Program Service Revenue | $282,067 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $431,763 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $31,332 |
| Compensation of current officers, directors, key employees. | $31,332 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,946 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,309 |
| Payroll taxes | $6,827 |
| Fees for services: Management | $30,723 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,155 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,540 |
| Office expenses | $13,779 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $96,485 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,911 |
| Interest | $9,374 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,187 |
| Insurance | $4,703 |
| All other expenses | $0 |
| Total functional expenses | $380,971 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,501 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $57,272 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,385 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $255,158 |
| Accounts payable and accrued expenses | $10,123 |
| Grants payable | $0 |
| Deferred revenue | $79,154 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $89,277 |
| Net assets without donor restrictions | $165,881 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $255,158 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alianza De Centros De Salud Comunitaria Inc Guaynabo, PR | $5,233,156 | $6,190,020 |
Colegio De Ingenieros Y Agrimensores De Pr San Juan, PR | $33,678,511 | $6,136,424 |
Asociacion Hecho En Puerto Rico Inc San Juan, PR | $1,625,075 | $2,183,087 |
Colegio De Abogados De P R San Juan, PR | $5,397,598 | $1,646,204 |
Camara De Comercio De Ponce Y Sur De Puerto Rico Ponce, PR | $255,158 | $431,763 |
Asociacion De Relacionistas Profesionales De Puerto Rico San Juan, PR | $188,282 | $0 |
Sociedad De Medicina Nuclear De Puerto Rico Inc San Juan, PR | $48,786 | $0 |