Centro Geriatrico La Milagrosa

Organization Overview

Centro Geriatrico La Milagrosa is located in Mayaguez, PR. The organization was established in 2005. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 09/2021, Centro Geriatrico LA Milagrosa employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centro Geriatrico LA Milagrosa is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2021, Centro Geriatrico LA Milagrosa generated $185.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $220.4k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OFFERS SERVICES OF ADVANCE AGES. THE SERVICES THAT WAS OFFERED ARE NUTRITION AND SOCIALIZATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

THIS AMOUNT REPRESENT THE PROGRAM SERVICE EXPENSES OF THE ORGANIZATION. THIS INCLUDED NUTRITIONAL, RECREATIONAL AND TRANSPORTATION EXPENSES


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Financial Statements

Statement of Revenue
Federated campaigns$14,844
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $124,962
All other contributions, gifts, grants, and similar amounts not included above$46,080
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$185,886
Total Program Service Revenue$0
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 $185,886

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Centro Geriatrico La Milagrosa has recieved totaling $12,744.

Awarding OrganizationAmount
Fondos Unidos De Puerto Rico Inc

Santurce, PR

PURPOSE: TO COVER PROGRAM SERVICES OF PARTICIPATING AGENCIES

$12,744
View Grant Recipient Profile

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