Villa Asoc Jenaro Cortes
- Assets
- $968.0k
- Revenue
- $805.7k
- Investments
- $0.0
- Employees
- 5
- Location
- San Juan, PR
- Founding
- Data as of
- 06/2023
- EIN
- 66-0395939
Organization Overview
Villa Asoc Jenaro Cortes is located in San Juan, PR. As of 06/2023, Villa Asoc Jenaro Cortes employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Villa Asoc Jenaro Cortes 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 06/2023, Villa Asoc Jenaro Cortes generated $805.7k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $572.2k during the year ending 06/2023. 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 HOUSING UNITS TO THE ELDERLY. SUBSIDIZED BY THE FEDERAL HOUSING ADMINISTRATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ENTITY HAS MAINTAINED ITS OPERATIONS AND HAS CONTINUED TO PROVIDE AFFORDABLE HOUSING SERVICES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marangely Delgado Administrator | Officer | 40 | $29,747 |
Enid Morales Social Worker | Officer | 40 | $9,052 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $802,677 |
| 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 | $805,674 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $123,712 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,158 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,275 |
| Insurance | $74,675 |
| All other expenses | $0 |
| Total functional expenses | $572,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,992 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,382 |
| 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 | $23,913 |
| Net Land, buildings, and equipment | $783,727 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $968,014 |
| Accounts payable and accrued expenses | $210,415 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $7,942 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,315 |
| Total liabilities | $231,672 |
| Net assets without donor restrictions | $689,234 |
| Net assets with donor restrictions | $47,108 |
| 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 | $968,014 |