Instituto De Competitividad Y Sostenibilidad Economica De Puerto

Organization Overview

Instituto De Competitividad Y Sostenibilidad Economica De Puerto is located in San Juan, PR. The organization was established in 2017. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Instituto DE Competitividad Y Sostenibilidad Economica DE Puerto 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, Instituto DE Competitividad Y Sostenibilidad Economica DE Puerto generated $307.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $217.7k during the year ending 12/2021. While expenses have increased by 2.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO CONDUCT EDUCATIONAL ACTIVITI UNDER SECTION 501C3 OF THE IRS AND PARTICIPATE IN ACTIVITIES AND ALLIANCES THAT FOSTER SOCIOECONOMIC WELL BEING IN PUERTO RICO

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION STUDIED THE ISLAND ENERGY SYSTEM PUBLISHED RESULTS


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Board, Officers & Key Employees

Name (title)Compensation
Ramon A Sanche
Executive Dire
$0
Jose E Rosi
President
$0
Jose E Fernand
Director
$0
Waleska Rivera
Treasurer
$0
Juan A Larrea
Director
$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$239,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$239,000
Total Program Service Revenue$0
Investment income $85
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 $307,871

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Instituto De Competitividad Y Sostenibilidad Economica De Puerto has recieved totaling $7,500.

Awarding OrganizationAmount
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$2,500
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$2,500
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$2,500
View Grant Recipient Profile

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