Corporacion De Servicios De Salud Y Desarrollo Socioeconomico El Otoao
- Assets
- $331.2k
- Revenue
- $506.7k
- Investments
- $0.0
- Employees
- 12
- Location
- Utuado, PR
- Founding
- 11/2014
- Data as of
- 12/2023
- EIN
- 66-0812599
Organization Overview
Corporacion De Servicios De Salud Y Desarrollo Socioeconomico El Otoao is located in Utuado, PR. The organization was established in 2014. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, Corporacion DE Servicios DE Salud Y Desarrollo Socioeconomico El Otoao employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corporacion DE Servicios DE Salud Y Desarrollo Socioeconomico El Otoao 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 12/2023, Corporacion DE Servicios DE Salud Y Desarrollo Socioeconomico El Otoao generated $506.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $386.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 5 years. 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
PRIMARY HEALTH SERVICES CENTER
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH & SOCIAL SERVICES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francisco Valentin Soto President | Trustee | 1 | $0 |
Almicar Nieves Santiago Vicepresident | Trustee | 1 | $0 |
Carlos E Pagan Torres Treasurer | Trustee | 1 | $0 |
Margarita Vazquez Santiago Secretary | Trustee | 1 | $0 |
Ruben Ramos Acosta Director | Trustee | 1 | $0 |
Hiram Maldonado Maldonado Director | Trustee | 1 | $0 |
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 | $506,748 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $506,748 |
| 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 | $506,748 |
| 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 | $155,918 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,533 |
| Payroll taxes | $35,477 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,105 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $97,021 |
| Advertising and promotion | $1,184 |
| Office expenses | $3,467 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,892 |
| 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 | $0 |
| Insurance | $2,852 |
| All other expenses | $41,229 |
| Total functional expenses | $386,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,181 |
| 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 | $0 |
| Net Land, buildings, and equipment | $276,015 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $331,196 |
| Accounts payable and accrued expenses | $2,031 |
| 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 | $2,031 |
| Net assets without donor restrictions | $329,165 |
| 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 | $331,196 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hospital Damas Inc Ponce, PR | $64,334,501 | $71,887,197 |
Presbyterian Community Hospital Inc San Juan, PR | $48,684,836 | $68,591,066 |
Hospital Menonita Guayama Inc Cidra, PR | $185,781,892 | $93,481,825 |
Servicios Medicos Universitarios Inc Carolina, PR | $48,189,791 | $60,009,551 |
Hospital Menonita Humacao Inc Cidra, PR | $66,744,033 | $54,296,313 |
Hospital Comunitario Buen Samaritano Inc Aguadilla, PR | $30,794,389 | $32,589,797 |
Corporacion De Salud Asegurada Por Nuestra Organizacion Solidaria Inc Caguas, PR | $9,387,050 | $34,137,748 |
Prymed Medical Care Inc Ciales, PR | $34,845,400 | $33,859,514 |
Asociacion Hospital Del Maestro Inc San Juan, PR | $4,911,537 | $19,921,107 |
Corporacion De Servicios De Salud Y Desarrollo Socioeconomico El Otoao Utuado, PR | $331,196 | $506,748 |
Cbv Management Manati, PR | $146,619 | $0 |