Paloma Del Carmen Fund Corporation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rio Grande, PR
- Founding
- 02/2016
- Data as of
- 12/2021
- EIN
- 81-1176818
Organization Overview
Paloma Del Carmen Fund Corporation is located in Rio Grande, PR. The organization was established in 2016. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paloma Del Carmen Fund Corporation 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, Paloma Del Carmen Fund Corporation generated $11.0k 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 (34.0%) each year. All expenses for the organization totaled $34.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
IN 2018 THE FUND BEGAN PROVIDING DIRECT ASSISTANCE TO THE FARMERS OF PUERTO RICO THAT WERE AFFECTED BY HURICANE MARIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roberto Perez Board Member | 0 | $0 | |
Sofia Westmeyer President | 40 | $0 | |
Peter Westmeyer Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,968 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $240 |
| Total expenses | $34,254 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Paloma Del Carmen Fund Corporation has recieved totaling $2,850.
| Awarding Organization | Amount |
|---|---|
Hedberg Foundation Inc Lake Forest, IL PURPOSE: GENERAL FUND | $1,850 |
Kayne Anderson Capital Advisors Foundation Los Angeles, CA PURPOSE: EMPLOYEE MATCH | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Puerto Rico Community For Clinical Services Research And Health San Juan, PR | $8,954,327 | $10,954,758 |
Cooperativa De Ahorro Y Credito Maunabo Maunabo, PR | $212,883,371 | $10,434,361 |
Robinson School Inc San Juan, PR | $10,256,117 | $9,865,836 |
Cooperativa De Ahorro Y Credito Camuy Camuy, PR | $291,444,292 | $14,864,863 |
Cooperativa De Ahorro Y Credito De Manati Inc Manati, PR | $229,473,590 | $11,596,977 |
Cooperativa De Ahorro Y Credito Dr M Zeno Gandia Arecibo, PR | $269,257,849 | $11,746,637 |
Cooperativa De Ahorro Y Credito Hatillo Hatillo, PR | $145,726,446 | $10,204,313 |
Fondo Permanente Para La Administracion Operacion Y Salinas, PR | $27,112,601 | $3,740,055 |
Centro De Servicios Primarios De Sa Lud Inc Florida, PR | $10,779,090 | $10,867,275 |
Caribbean Consolidated Schools Inc San Juan, PR | $11,881,054 | $8,897,435 |
American College Of Puerto Rico Inc Bayamon, PR | $12,696,974 | $8,966,042 |
Saint Francis School Carolina, PR | $13,939,984 | $9,657,411 |