Incubadora Microempresa Bieke Inc is located in Vieques, PR. The organization was established in 2009. According to its NTEE Classification (S32) the organization is classified as: Rural Economic 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. Incubadora Microempresa Bieke 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 12/2023, Incubadora Microempresa Bieke Inc generated $60.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.7%) each year. All expenses for the organization totaled $61.6k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
COMMUNITY KITCHEN-CREATED TO HELP PEOPLE FROM VIEQUES ESTABLISH THEIR OWN BUSINESS USIGN THEIR FOOD PREPARATION SKILLS USING ALL SPACE, MATERIALS AND UTENSILS PROVIDED BY THE ENTITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ismael Huggins President | 2 | $0 | |
Carmen N Valencia Treasurer | 2 | $0 | |
Mercedes Perez Secretary | 2 | $0 | |
Nilda Medina Executive Administrator | 35 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,589 |
| 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 | $60,589 |
| 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 | $26,126 |
| Occupancy, rent, utilities, and maintenance | $1,506 |
| Printing, publications, postage, and shipping | $156 |
| Other expenses | $14,125 |
| Total expenses | $61,631 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,655 |
| Other assets | $0 |
| Total assets | $78,813 |
| Total liabilities | $940 |
| Net assets or fund balances | $77,873 |