Casa Dorada Inc is located in Ponce, PR. The organization was established in 2003. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Casa Dorada 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, Casa Dorada Inc generated $417.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $516.4k during the year ending 09/2021. While expenses have increased by 4.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION OWNS AND OPERATES A HOUSING PROJECT FOR THE ELDERLY AND/OR PHYSICALLY IMPAIRED FAMILIES LOCATED IN PONCE, PUERTO RICO. THE PROJECT RECEIVED HUD ASSISTANCE PAYMENTS UNDER SECTION 202 (PRAC).
Describe the Organization's Program Activity:
Part 3 - Line 4a
TENANT ASSISTANCE PAYMENTS SECTION 202 (PRAC)
TENANT ASSISTANCE PAYMENTS SECTION 202 (PRAC)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Luz I Villanueva President | Trustee | 8 | $0 |
Daisy Cruz Luciano Treasurer | Trustee | 8 | $0 |
Ana R Santiago Vice-President | Trustee | 8 | $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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $403,835 |
Investment income | $238 |
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 | $417,179 |
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 | $106,276 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $14,587 |
Payroll taxes | $15,178 |
Fees for services: Management | $35,965 |
Fees for services: Legal | $81 |
Fees for services: Accounting | $6,612 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $337 |
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 | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $127,795 |
Insurance | $35,893 |
All other expenses | $100,349 |
Total functional expenses | $516,425 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $282,417 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $11,398 |
Net Land, buildings, and equipment | $3,027,749 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,321,564 |
Accounts payable and accrued expenses | $221,149 |
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 | $5,380 |
Total liabilities | $226,529 |
Net assets without donor restrictions | $3,095,035 |
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 | $3,321,564 |
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Casa Dorada Inc Ponce, PR | $3,321,564 | $417,179 |
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