Puerto Rico Manufacturing Extension Primex Inc

Organization Overview

Puerto Rico Manufacturing Extension Primex Inc is located in San Juan, PR. The organization was established in 1996. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2021, Puerto Rico Manufacturing Extension Primex Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Puerto Rico Manufacturing Extension Primex Inc 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 09/2021, Puerto Rico Manufacturing Extension Primex Inc generated $4.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $4.1m during the year ending 09/2021. While expenses have increased by 15.1% 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 IMPROVE THE COMPETITIVE POSITION OF PUERTO RICO SMALL AND MEDIUM INDUSTRIES BY PROVIDING TECHNICAL SUPPORT TRAININGS AND COST ASSISTANCE IN NEW TECHNOLOGIES AND BUSINESS PRACTICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO IMPROVE THE COMPETITIVE POSITION OF PUERTO RICO SMALL AND MEDIUM INDUSTRIES BY PROVIDING TECHNICAL SUPPORT TRAININGS AND COST ASSISTANCE IN NEW TECHNOLOGIES AND BUSINESS PRACTICES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,864,141
All other contributions, gifts, grants, and similar amounts not included above$1,875,561
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,739,702
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 $4,739,702

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Puerto Rico Manufacturing Extension Primex Inc has recieved totaling $12,000.

Awarding OrganizationAmount
Jobs For The Future Inc

Boston, MA

PURPOSE: TO SUPPORT AMERICAN WORKFORCE AND EDUCATION

$12,000
View Grant Recipient Profile

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