Producir Inc Una Corp De Desarrollo Comunal Y Econ Para Cubuy Y Lomas
- Assets
- $928.4k
- Revenue
- $322.1k
- Investments
- $0.0
- Employees
- 7
- Location
- Canovanas, PR
- Founding
- 02/1988
- Data as of
- 12/2021
- EIN
- 66-0428651
Organization Overview
Producir Inc Una Corp De Desarrollo Comunal Y Econ Para Cubuy Y Lomas is located in Canovanas, PR. The organization was established in 1988. 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. As of 12/2021, Producir Inc Una Corp DE Desarrollo Comunal Y Econ Para Cubuy Y Lomas employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Producir Inc Una Corp DE Desarrollo Comunal Y Econ Para Cubuy Y Lomas 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, Producir Inc Una Corp DE Desarrollo Comunal Y Econ Para Cubuy Y Lomas generated $322.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $377.4k during the year ending 12/2021. While expenses have increased by 7.1% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRODUCE TO IMPROVE SELF IMAGE OF THE PUERTORICAN, REDUCE THEIR DEPENDENCE AND PROMOTE A MODEL OF COMMUNITY ECONOMIC DEVELOPMENT TO BRING ECONOMIC PROSPERITY TO THE FAMILIES SERVED BY PRODUCIR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGEMENT OF SUCH LOW INCOME HOUSING TO PROMOTE AND MAINTAINED PHYSICAL INFRASTRUCTURE SYSTEM TO CREATE A GOOD QUALITY LEVEL OF LIVE FOR LOW & MODERATE INCOME FAMILY.
TO FOMENT THE ACQUISITION OF KNOWLEDGE OF SCIENCE AND APPROPRIATATE TECHNOLOGY THAT WOULD STIMULATE THE ECONOMIC DEVELOPMENT OF RURAL AREA.
TO DEVELOPE ACTIVITIES THAT FOMENT ECONOMIC GROWTH THROUGH CULTURE, EDUCATION, SECURITY, DISCIPLINE, HEALTH AND DESIRABLE COSTUME OF THE COMPANY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lissette M Velez CEO | OfficerTrustee | 24 | $44,500 |
Mariecel Maldonado Member | OfficerTrustee | 20 | $0 |
Zulma Colon Secretary | OfficerTrustee | 5 | $0 |
Jose Rivera Urrutia Interim President | OfficerTrustee | 4 | $0 |
Myrna E Torres Tresurer | OfficerTrustee | 2 | $0 |
Genaro Negron Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,210 |
| All other contributions, gifts, grants, and similar amounts not included above | $86,126 |
| Noncash contributions included in lines 1a–1f | $19,608 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,336 |
| Total Program Service Revenue | $231,765 |
| 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 | $322,101 |
| 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. | $44,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $91,564 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,648 |
| Fees for services: Management | $52,876 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,855 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $53,850 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,599 |
| Interest | $1,817 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,856 |
| Insurance | $13,956 |
| All other expenses | $0 |
| Total functional expenses | $377,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,147 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,051 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,740 |
| Prepaid expenses and deferred charges | $6,074 |
| Net Land, buildings, and equipment | $638,923 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $212,438 |
| Total assets | $928,373 |
| Accounts payable and accrued expenses | $40,459 |
| 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 | $20,321 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $60,780 |
| Net assets without donor restrictions | $599,037 |
| Net assets with donor restrictions | $268,556 |
| 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 | $928,373 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Producir Inc Una Corp De Desarrollo Comunal Y Econ Para Cubuy Y Lomas has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Save The Children Federation Inc Fairfield, CT PURPOSE: Humanitrian Activity | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Puerto Rico Inc San Juan, PR | $4,538,825 | $7,478,799 |
Asociacion Pro Juventud Y Comunidad De Barrio Palmas Inc Catano, PR | $731,312 | $1,497,256 |
Centro Para La Reconstruccion Del Habitar Aguas Buenas, PR | $239,863 | $598,480 |
Producir Inc Una Corp De Desarrollo Comunal Y Econ Para Cubuy Y Lomas Canovanas, PR | $928,373 | $322,101 |
Mujeres De Islas Inc Culebra, PR | $185,351 | $301,348 |
Instituto De Competitividad Y Sostenibilidad Economica De Puerto San Juan, PR | $298,433 | $307,871 |
Sabana Grande Community And Economic Development Sabana Grande, PR | $30,232 | $164,080 |
Cambio Pr Inc San Juan, PR | $148,046 | $0 |
Taller Comunidad La Goyco Inc San Juan, PR | $2,792,182 | $166,089 |
Victus Puerto Rico Inc Ponce, PR | $8,922 | $165,437 |
Comite Desarrollo Social Y Cultural Daguao Inc Naguabo, PR | $534,464 | $80,776 |
Ciudad Mistica Inc Sabana Grande, PR | $15,612,571 | $141,376 |