Creamos Norte
- Assets
- $129.6k
- Revenue
- $495.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Scarborough, ME
- Founding
- Data as of
- 12/2023
- EIN
- 87-2685940
Organization Overview
Creamos Norte is located in Scarborough, ME. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Creamos Norte 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, Creamos Norte generated $495.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $483.7k during the year ending 12/2023. 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
CREAMOS NORTE'S (CN) PURPOSE IS TO RAISE FUNDS AND OTHERWISE PROMOTE AND SUPPORT THE GUATEMALAN NONGOVERNMENTAL ORGANIZATION KNOWN AS CREAMOS GUATEMALA (CG).
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDRAISING TO SUPPORT CREAMOS GUATEMALA (CG): IN 2022, CN TOOK OVER AS THE NEW FISCAL SPONSOR FOR CG. FUNDRAISING ACTIVITIES WILL INCLUDE FOUNDATION GRANT APPLICATIONS AND MAJOR DONOR STEWARDSHIP AND CULTIVATION.
BACK-OFFICE ADMIN SUPPORT: COLLECTING FUNDS FOR RETAIL SALES OF CREAMOS. CN WILL ALSO ASSIST CG BY PROCESSING INTERNET-BASED SALES ON CREAMOS GUATEMALA'S WEBSITE. CG, AS A FOREIGN NONGOVERNMENTAL ORGANIZATION, IS UNABLE TO ESTABLISH SERVICE ACCOUNTS WITH U.S.-BASED INTERNET SALES PROCESSING VENDORS SUCH AS SQUARE OR PAYPAL. AS A U.S.-BASED NONPROFIT CORPORATION, CN WILL BE ABLE TO PROVIDE THIS SERVICE FOR CG, WITH NO MARKUP OR PROCESSING FEE CHARGED BY CN.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Irma Corado President | OfficerTrustee | 2 | $0 |
Paola Bustani Vice President | OfficerTrustee | 2 | $0 |
Michael Komich Treasurer | OfficerTrustee | 2 | $0 |
Travis Shultz Secretary | OfficerTrustee | 2 | $0 |
Jane Nicoll Board Member | Trustee | 1 | $0 |
Veronica Rodriguez Palacios Board Member | 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 | $384,268 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $384,268 |
| Total Program Service Revenue | $113,793 |
| 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 | -$2,539 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $495,522 |
| 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 | $449,995 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,344 |
| Fees for services: Accounting | $1,207 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,185 |
| Advertising and promotion | $0 |
| Office expenses | $3,539 |
| Information technology | $8,915 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,530 |
| 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 | $0 |
| All other expenses | $1,000 |
| Total functional expenses | $483,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,354 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $54,240 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $129,594 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $129,594 |
| 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 | $129,594 |