Corporacion Desarrollo Economico De Salud Y Vivienda

Organization Overview

Corporacion Desarrollo Economico De Salud Y Vivienda is located in Arecibo, PR. The organization was established in 2009. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 06/2023, Corporacion Desarrollo Economico DE Salud Y Vivienda employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corporacion Desarrollo Economico DE Salud Y Vivienda 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, Corporacion Desarrollo Economico DE Salud Y Vivienda generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $1.4m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

CODEVYS'S PROVIDES SERVICE ACTIVITIES FOR ECONOMIC DEVELOPMENT IN HOUSING HOUSING COUNSELING ELDERLY SHELTER ECONOMIC ENTREPRENEUR DEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOUSING COUNSELING IS A PROGRAM TO STABILIZE AND OFFER QUALITY TO LIFE TO CITIZENS THE PURCHASE OF FIRST TIME HOMEBUYER COUNSELING TO PEOPLE AFFECTED BY MORTGAGES AND CREDIT REPORTS. IT PROVIDES COUNSELING ON HOUSING AND OR CREDIT IN A PROFESSIONAL AND HIGH-QUALITY MANNER COMPLETELY FREE WHOSE PURPOSE IS TO ENSURE THAT PEOPLE CAN PRESERVE THEIR HOME.


CONTRACT SITE INSPECTORS AND COORDINATE SITE VISITS BY INSPECTORS TO THE LOCATIONS ASSIGNED TO CONFIRM THE PRESENCE OF A TRAP ROOF OR THE REMAINING NEED FOR ROOF REPAIR TO PROPERTIES.


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Board, Officers & Key Employees

Name (title)Compensation
Nilsa Lopez Rivera
CEO
$96,000
Brunilda Soto
President
$0
Dr Efren Torres
Vice President
$0
Pedro Rosa Roman
Treasurer
$0
Ana Valentin
Secretary
$0
Carmen Velez
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,523,977
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$1,523,977
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 $1,523,977

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