Accion Social De Puerto Rico Inc
- Assets
- $24.9m
- Revenue
- $13.5m
- Investments
- $0.0
- Employees
- 336
- Location
- Guaynabo, PR
- Founding
- 06/1995
- Data as of
- 09/2021
- EIN
- 66-0393364
Organization Overview
Accion Social De Puerto Rico Inc is located in Guaynabo, PR. The organization was established in 1995. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. As of 09/2021, Accion Social DE Puerto Rico Inc employed 336 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Accion Social DE Puerto Rico Inc 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, Accion Social DE Puerto Rico Inc generated $13.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $12.9m during the year ending 09/2021. While expenses have increased by 0.5% per year over the past 6 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.
Since 2015, Accion Social DE Puerto Rico Inc has awarded 74 individual grants totaling $3,444,158. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE THE MOST COMPREHENSIVE SERVICES TO LOW INCOME FAMILIES, TO HELP THEM ACHIEVE SELF SUFFICIENCY AND THUS REDUCE THE INCIDENCE OF POVERTY IN PUERTO RICO. (CONTINUED ON SCHEDULE O, STATEMENT 2)
Describe the Organization's Program Activity:
Part 3 - Line 4a
SELF SUFFICIENCY: THE PURPOSE OF THE ELDERLY CENTERS PROGRAMS IS TO OFFERS COMPREHENSIVE SERVICES IN THE DAY CARE CENTERS TO LOW INCOME PERSONS WHO ARE 55 YEARS OR OLDER. THE PROGRAM IS INTENDED TO PROVIDE FAVORABLE CONDITIONS AND CAPABLE PERSONNEL SO THEY MAY IMPROVE THEIR PHYSICAL AND MENTAL CONDITIONS BY ENABLING THEM TO REACH A HIGH LEVEL OF SELF SUFFICIENCY AND IMPROVE THEIR LIFESTYLES. THE CENTERS OFFERS SERVICES AS NUTRITION, SOCIAL SERVICES, HEALTH SERVICES,TRANSPORTATION, RECREATIONAL ACTIVITIES, AMONG OTHERS. ALSO THERE IS A PROGRAM THAT COMBINES HYDROPONICS TECHNIQUES WITH THE TRADITIONAL AGRICULTURAL LANDSCAPING. THE PROGRAM WILL TRAIN THE ELDERLY AND YOUTH OF LOW INCOME RESOURCES IN THE CREATION OF SELF EMPLOYMENT MICRO ENTERPRISES. THE GOAL IS TO PROVIDE LOW INCOME COMMUNITIES WITH THE ALTERNATIVES AND INEXPENSIVE WAYS TO DEVELOP SELF EMPLOYMENT.
EMPLOYMENT PROGRAM: OFFER EMPLOYMENT OPPORTUNITIES TO PEOPLE WHO HAVE LOW RESOURCES AND ARE UNEMPLOYED AND DISPLACED BECAUSE OF THEIR EDUCATIONAL LEVEL BY ALLOWING THEM TO REDEEM IN PRODUCTIVE FUNCTIONS THAT AT THE SAME TIME PERMITS THEM TO REACH A HIGHER INDEPENDENCE WHICH HELP THOSE PEOPLE TO REACH A HIGHER SELF ESTEEM AND TO HAVE SECURITY IN THEMSELVES.
THE EDUCATION PROGRAM IS TO PROVIDE STUDENTS WHO ARE ECONOMICALLY DISADVANTAGE AND HAVE ACADEMIC DEFICIENCIES, EDUCATIONAL ACTIVITIES THAT PROMOTE EXCELLENCE ACADEMIC IMPROVEMENT AND THE INTEGRAL FORMATION AS AN INDIVIDUAL.
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alicia Ramirez Executive Director | OfficerTrustee | 37 | $80,935 |
Nilda Olmeda CPA Comptroller | OfficerTrustee | 37 | $74,604 |
Marylene Tosado Finance Director | OfficerTrustee | 37 | $68,075 |
Carmen Otero Sub Director | OfficerTrustee | 37 | $67,495 |
Edwin Ramos Human Resource Director | OfficerTrustee | 37 | $59,495 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $13,282,511 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $178,061 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,460,572 |
| 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 | $13,460,572 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $344,757 |
| 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. | $350,604 |
| Compensation of current officers, directors, key employees. | $350,604 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,761,298 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,547,062 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $876,230 |
| Advertising and promotion | $0 |
| Office expenses | $374,854 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $282,843 |
| Travel | $91,568 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,207 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $206,615 |
| Insurance | $90,378 |
| All other expenses | $836,725 |
| Total functional expenses | $12,944,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,457,590 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $232,935 |
| Accounts receivable, net | $25,121 |
| 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 | $39,924 |
| Net Land, buildings, and equipment | $947,304 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $208,216 |
| Total assets | $24,911,090 |
| Accounts payable and accrued expenses | $2,652,140 |
| Grants payable | $0 |
| Deferred revenue | $17,576,453 |
| 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 | $20,228,593 |
| Net assets without donor restrictions | $181,370 |
| Net assets with donor restrictions | $4,501,127 |
| 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 | $24,911,090 |
Grants Awarded
Over the last fiscal year, Accion Social De Puerto Rico Inc has awarded $344,757 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Bayamon, PR | | $113,805 |
Loiza, PR | | $49,411 |
FORJANDO UN NUEVO COMIENZO | | | $37,202 |
Arecibo, PR | | $33,692 |
HOGAR SANTA TERESITA | | | $32,711 |
Arecibo, PR | | $30,284 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Accion Social De Puerto Rico Inc has recieved totaling $69.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $69 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Servicios Medicos Universitarios Inc Carolina, PR | $58,931,826 | $67,665,050 |
Universidad Del Sagrado Corazon Inc San Juan, PR | $72,736,478 | $47,471,933 |
Integral De Loiza Conciliode Salud Loiza, PR | $61,756,784 | $54,154,090 |
St Lukes Episcopal Church Home Care Program Ponce, PR | $59,935,614 | $46,407,880 |
Carlos Albizu University San Juan, PR | $59,292,567 | $41,107,429 |
Sociedad Espanola De Auxilio Mutuo Y Beneficencia De Puerto Rico San Juan, PR | $207,394,856 | $42,942,928 |
Universidad Politecnica De Puerto Rico Inc San Juan, PR | $109,108,435 | $46,473,727 |
Costa Salud Community Health Centers Inc Rincon, PR | $42,959,420 | $46,677,586 |
Corporacion Para La Promocion De Puerto Rico Como Destino Inc San Juan, PR | $33,922,109 | $48,155,156 |
Cooperativa De Ahorro Y Credito De Arecibo Arecibo, PR | $793,590,464 | $37,267,661 |
Hospital Comunitario Buen Samaritano Inc Aguadilla, PR | $31,760,434 | $38,349,511 |
Centro De Servicios Primarios De Patillas, PR | $20,090,214 | $32,883,712 |