Comite Desarrollo Social Y Cultural Daguao Inc is located in Naguabo, PR. The organization was established in 2010. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Comite Desarrollo Social Y Cultural Daguao Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Comite Desarrollo Social Y Cultural Daguao 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 12/2021, Comite Desarrollo Social Y Cultural Daguao Inc generated $80.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $85.3k during the year ending 12/2021. While expenses have increased by 2.6% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE HUMAN AND PHYSICAL CONDITIONS IN THE COMMUNITY OF DAGUAO
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Angel L Colon Mendez President | Officer | 6 | $0 |
Rene Lebron Rivera Vice Presidente | Officer | 6 | $0 |
Angla Morales Pinero Tesorera | Officer | 6 | $0 |
Wanda Cadiz Melendez Secretaria | Officer | 6 | $0 |
Luz D Cardona Vocal | Officer | 6 | $0 |
Noelia Roble Garcia Vocal | Officer | 6 | $0 |
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 | $50,776 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $50,776 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $30,000 |
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 | $80,776 |
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 | $24,248 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,048 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $236 |
Advertising and promotion | $0 |
Office expenses | $2,115 |
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 | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $18,900 |
Insurance | $1,564 |
All other expenses | $55 |
Total functional expenses | $85,320 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $15,664 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,500 |
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 | $0 |
Net Land, buildings, and equipment | $516,300 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $534,464 |
Accounts payable and accrued expenses | $2,384 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $2,384 |
Net assets without donor restrictions | $532,080 |
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 | $534,464 |
Over the last fiscal year, we have identified 1 grants that Comite Desarrollo Social Y Cultural Daguao Inc has recieved totaling $44,500.
Awarding Organization | Amount |
---|---|
Organization Name not Listed PURPOSE: IMPROVE THE QUALITY OF LIFE OF VULNERABLE POPULATIONS. | | $44,500 |
Organization Name | Assets | Revenue |
---|---|---|
Foundation For Puerto Rico Inc San Juan, PR | $4,538,825 | $7,478,799 |
Asociacion Pro Juventud Y Comunidad De Barrio Palmas Inc Catano, PR | $731,312 | $1,497,256 |
Centro Para La Reconstruccion Del Habitar Aguas Buenas, PR | $239,863 | $598,480 |
Producir Inc Una Corp De Desarrollo Comunal Y Econ Para Cubuy Y Lomas Canovanas, PR | $928,373 | $322,101 |
Mujeres De Islas Inc Culebra, PR | $185,351 | $301,348 |
Instituto De Competitividad Y Sostenibilidad Economica De Puerto San Juan, PR | $298,433 | $307,871 |
Sabana Grande Community And Economic Development Sabana Grande, PR | $30,232 | $164,080 |
Cambio Pr Inc San Juan, PR | $148,046 | $0 |
Taller Comunidad La Goyco Inc San Juan, PR | $2,792,182 | $166,089 |
Victus Puerto Rico Inc Ponce, PR | $8,922 | $165,437 |
Comite Desarrollo Social Y Cultural Daguao Inc Naguabo, PR | $534,464 | $80,776 |
Ciudad Mistica Inc Sabana Grande, PR | $15,612,571 | $141,376 |